Nifty News: Azuki founder under fire, CryptoPunk sells for a major loss...

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Nifty News: Azuki founder under fire, CryptoPunk sells for a major loss...
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Instagram is set to roll out support for Flow-based NFTs, a CryptoPunk sold for an 86% loss, and Madonna is depicted giving birth to a tree in Beeple's latest NFT art.

The founder of the $723.5 million Azuki NFT project who goes by “Zagabond” online caused a sh*tstorm yesterday after revealing that they had previously worked on three noabandoned NFT projects. After facing strong backlash from the NFT community, they have since apologized for their “shortcomings.”

After releasing the blog via Twitter, most replies were in support of Zagabond’s honesty on the trial and error path that led to Azuki NFTs, however other sections of the NFT community weren’t as pleased.Just like with trading, if one of your projects is underperforming and doing poorly, you should cut your losses.User zachxbt didn’t mince their words when they posted: “So does Web 3.

After being slammed by the community and holding a Twitter Spaces chat, Zagabond issued an apology earlier today, noting that:

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