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Flipped NFTs

137 Views • Created 2 years ago By Owen • Updated 2 years ago

Created By Owen • Updated 2 years ago

CryptoPhunks

Phunks poked fun at those who were applying the "old-school" rules of art into this new frontier of NFTS. Deceptive and fraudulent copycats should be mitigated, JULY 20, 2021 but Phunks has been clear parody from the F PHUNK start with no reported cases of a this project's short user buying a Phunk thinking it was a Punk. In lifespan thus far, Phunks have brought in attributes and history. Some even went on over 1,000 holders who learned about the Punks' new to buy a Punk. Others are IS PUNK just happy to have joined and accessible community that a new embraces the philosophies that web3 was built on. Larva Labs: have you entertained the perspective that altpunk A LETTER projects create incremental value for Punks by perpetually solidifying their legacy? Where do you draw the line on what is deemed spoken with various attorneys parody and what is not? We’ve "parody" and "satire" currently stand unclear in light of lawsuits involving Andy Warhol's Do you believe that Warhol's iconic Campbell's Soup Cans and who have agreed that are legal areas that TO LARVA то work. the commentary it generated crossed the line as well? Additionally, Larva Labs has not addressed their community's own LABS questions regarding IP ownership of Punks. Do Punk owners have commercial rights to their Punks? Can Punk owners permit the Phunk of their Punk to exist? Is Larva Labs planning to wipe bunch of a altpunk projects off of OpenSea now that they are a $100m+ company? The NFT space, Punk Holders, and Phunk Holders need clarity, collaboration, and forward thinkers to pave the way for a decentralized future. To Larva Labs and the NFT community: It's time for an awakening in the NFT community. It’s time to stand up to censorship resistance, for change beyond our pervasive web2 In the words of your co-founder Matt Hall, the blockchain "provides a systems, and for true decentralization. Phunks stand for these layer of trust that removes the need for lawyers and middlemen." But principles. What is truly punk can not be stopped. Long live Phunks, over the last several weeks, we've that your actions speak on the blockchain, forever. seen louder than these words. You have called for lawyers and have ignored our public and private requests for an open dialogue regarding the "If you don't believe me or don't get it, I don't have time to try to DMCA issued to OpenSea requesting the delisting of CryptoPhunks. convince you, sorry. Satoshi This letter aims to bring public attention to the issue(s) at hand. During these formative times in the NFT space, CryptoPhunks aims to Yours Trustlessly, push boundaries in order to set the foundation for a future where The Phunks NETS can leverage blockchain technology for its strengths: provenance and authenticity.
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Flipped NFTs

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