Beeple was also recently on hand to deliver a super exciting, recorded TALK LIVE discussion with Matt Hall and John Watkinson, founders of CryptoPunks. This announcement has created a euphoria in the digital collectibles industry. The move, which some view as a troll, has significantly impacted Nakamigos, a popular NFT collection known for its meme-like community. Beeple’s stunt goes some way to reviving the sector, after calming the excitement surrounding Ethereum’s NFT Torch a few weeks ago.
The floor price for Nakamigos immediately vaulted by nearly 140% after Beeple’s reveal. The surge in interest sparked a trading boom, as both investors and collectors flocked to get their hands on the emerging digital assets.
CryptoPunks, the brainchild of Matt Hall and John Watkinson, dropped in 2017. Beeple followed that with a discussion that connected the minds behind CryptoPunks with the popular new collection Nakamigos. This newfound connection ignited a wave of speculation and immensely increased demand for Nakamigos. As of now, there’s no indication that Larva Labs had any hand in Nakamigos.
The development has roiled the NFT community, with some accusing Beeple of being manipulative. Many others have come to the move’s defense, arguing it’s a tongue-in-cheek way to bring fun back to the NFT world.
"People are genuinely mad at Beeple for this obvious troll. I think it’s about time we start to make NFTs fun again. If you lost money trading this, it’s on you for not understanding that Beeple is an epic troll" - Beanie
The situation has sparked debate within the NFT community, with some criticizing Beeple's actions as manipulative. Others have defended the move as a lighthearted attempt to inject fun back into the NFT space.
