Web3 Watch: CryptoPunkedA

CryptoPunks-inspired digital avatar collection created by Nina Chanel Abney has sparked controversy and criticism. The collection, which used 3D technology to reimagine Abney's art through the Punk lens, faced backlash online. The CEO of CryptoPunks intellectual property owner Yuga Labs, Greg Solano, announced that they will no longer touch punks due to the negative response. While NFTs have expanded beyond initial avatars, the release of three-dimensional figures for the CryptoPunks collection proved to be a step too far. Despite the criticism, the collection remains highly sought-after, with recent sales reaching millions of dollars. In other news, the dog that inspired Dogecoin, Kabosu, has passed away, and trading volume for the fantasy.top NFT collection has declined. #NFT​ #CryptopunkNFT