Kevin Rose, co-founder of PROOF and now Yuga-owned NFT collection Moonbirds, has responded to backlash following the sale of $1.2M of his NFT assortment in a now-deleted collection of posts on X.
The controversial determine – who has modified his profile on X to advertise his eponymous interview collection ‘The Kevin Rose Present’ – defined that he was “diversifying versus praying a single assortment or bag works out”, amid a perception that “traditional cryptocurrency will outperform”.
Kevin additionally transferred CryptoPunk #6419 in a rumoured sale to @mulligan, plus burned two of his ENS domains and revoked the report for his primary domains in a transfer he claims to be within the pursuits of privateness.
Supply: Tyler HobbsHow has the neighborhood reacted?
The gross sales – which included 142 ETH ($562,320) for Fidenza 531, and 151.2 ETH ($598,752) for XCOPY’s 1-of-1 “When Airdrop?” – have been picked up virtually instantly by the neighborhood on March 9, leading to widespread backlash that was spearheaded by famous Moonbirds holder JayJay in a series of posts on X.
Kevin took to X on March 10 to clarify his actions in a set of now-deleted posts, noting that he believes “mass adoption continues to be additional out”, and that he’s “nonetheless gathering” – though the neighborhood fears he’s turning his again on an lively position in web3.
That is the most recent in what’s been a busy 2024 for the distinguished web3 determine, following the sale of PROOF Collective – which incorporates Moonbirds, Oddities, Mythics, and the Grails exhibition collection – to Yuga Labs in February.
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