Beeple’s NFT Stunt Fuels 25% Surge for Nakamigos — Troll or Market Play?
Digital art superstar Beeple pulled off a controversial stunt, stirring mixed emotions within the NFT (non-fungible token) market.
After quelling the hype around Ethereum’s NFT Torch weeks ago, Beeple’s move exacerbates the hype in the digital collectibles sector.
Beeple Pulls the Most Controversial NFT Move of the YearThe event at Beeple Studios in Charleston, South Carolina, was meant to celebrate the iconic CryptoPunks NFTs. However, it quickly turned into one of the most talked-about moments in NFT Twitter this week.
During the gathering, Beeple presented what appeared to be a recorded interview with Matt Hall and John Watkinson, the creators of CryptoPunks. In it, they claimed that Nakamigos NFTs came before CryptoPunks and were a secret Larva Labs project.
The pair even counted down dramatically to the “reveal” of so-called “V0 Punks,” tying the fictional backstory directly to Nakamigos. Flyers handed out at the event reinforced the playful claim, further fueling speculation.
Within hours, the floor price for Nakamigos, a popular NFT collection often known for its meme-like community, shot upward by almost 140%, triggering a frenzy of trading activity.
Nakamigos are up 138% based off the news that they’re V.0 Punks
A lot are claiming that they’re made by @larvalabs before they made Punks
I would have believed if I didn’t saw this video from the event 