What better way to kick off June than a thread on yesterday’s surreal Studio tour madness hosted by none other than the man himself @hirst_official and @heni - LFG 🔥🚀🧵
So I have loved @hirst_official for most of my adult life. The visuals to my primitive years, and someone I just warm to. Obv a big fan of The Currency, made no secret of that, but, today, well my mind is blown tbh 1/4
Myself and a few others have updated our PFPs to @Zeneca_33's 333 Club
The reasoning being the crypto space is in a state where many are feeling a sense of widespread mistrust. So, I'd like to represent what has been the unfailing bedrock for me. Zen Academy and the 333 Club. 🧵
@Degentraland This would take a whole theses!
1: the world is going into recession(possible the biggest)
2: liquidity is being sucked out at an astoundingly rate. the last few weeks - @OthersideMeta/@yugalabs@proof_xy/@moonbirds@garyvee took around $500mm out & this is not coming back in
@Yuga are you ever going to address the @OthersideMeta mint fiasco or is your stance really going to be to ignoring it and wait for people to stop talking about it.
Are you getting advice from Beanie about how to handle it?
@SmythMrNFT@yugalabs man I'm down a ton on the ape
I can't believe they’re completely ignoring the fact they fucked up the mint mechanism they chose and burnt a shit ton of people.
This is the worst Ive seen a big player in this space behave when they've fucked up.
The silence is deafening
@yugalabs Thanks for my 0.008 refund for the gas. Really makes a difference. I have just checked and I’m now only down around $2k on the $ape, $350 in fees, and one full nights sleep. All because I thought you guys were ‘market leaders’, rather than elitist clowns.
We have refunded gas fees to everyone who made a transaction that failed due to network conditions caused by the mint. The fees have been sent back to the wallets used for the initial transaction. Here’s how to find your refund… 🧵
This month is looking busyyyyy!🐝 if you’re in the UK and you’re into #nft or #web3 you don’t wanna miss both these events:
17 May @web3_london
26 May @WeAreNFTUK
How you operate when you are by far the biggest thing in a market is very telling about your priorities.
Otherside drop really showed that Yuga is prioritizing their needs over absolutely everything else.
This has Web2 big tech fingerprints all over it.
It was a brilliant strategy from Yuga Labs. Let all the poor souls sell off their NFTs from other projects so that they could purchase (305) ApeCoin at the top and then create a “high gas” minting process which only the “rich & influential” could afford. Win-win in true VC style.
The next announcement from @yugalabs is going to be really defining for the people who got screwed yesterday. Either they’ve come up with a mechanism to redeem themselves to all who got 💩 on yesterday or they’ll lose a lot of potential fans/customers forever.