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Home»NFT»CryptoPunks Face Backlash as DMarket Leads NFT Sales
NFT

CryptoPunks Face Backlash as DMarket Leads NFT Sales

2024-05-21No Comments2 Mins Read
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The highest-ranking non-fungible token collection for Monday was DMarket, which recorded sales of US$742,104, with 4,016 unique buyers and 3,648 sellers engaging in 34,740 transactions.

The day’s second-ranked collection, Fantasy Top, saw a big daily sales drop to US$682,369, compared to the previous day’s US$1.80 million, according to CryptoSlam’s NFT rankings.

NodeMonkes claimed the third spot in the daily rankings, with revenue of US$642,517, up from the previous Sunday’s US$274,929. The collection attracted 33 unique buyers and 27 sellers, resulting in a total of 34 transactions.

However, the best development of the day came from CryptoPunks, which posted revenues of US$636,242 in fourth place.

CryptoPunks under Yuga Labs, the company that acquired the collection’s intellectual property in 2022, announced its new Super Punk World NFTs that “blur the boundaries of race and gender and reflect on virtual versus real world identities.”

However, the new collection quickly received heavy criticism from community members.

Certain members criticized the artistic approach, while others have sparked controversy by labeling it as “woke” due to its focus on race and gender.

“Yuga will no longer touch the punks,” company CEO Greg Solano said in response to the public backlash. “They will simply be decentralized and stored on the blockchain.”

Bored Ape Yacht Club, Yuga Labs’ flagship collection, followed CryptoPunks in fifth place with US$502,064.

Both collections are part of the Ethereum blockchain, which on Monday reported a total daily sales volume of more than $6.35 million to lead all chains.

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See also  Yuga Labs enforces royalties on consumers: bans trading on OpenSea
backlash CryptoPunks DMarket Face leads NFT sales
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