CryptoKitties is one of the first ‘NFT’ games that has taken over the world. The game became so popular, it caused havoc on Ethereum’s network and created a new market for rare cats to be traded. Will this trend continue? Or will more NFTs fall out of favor with consumers?
Jungle Freaks by Trosley has experienced significant losses in the last week as a result of the viral surfacing of George Trosley’s racist artwork from the 1970s. The project’s long-term viability is in jeopardy, with average selling prices approaching 2 ETH in late October and a current floor of.4 ETH. Furthermore, with an 80% reduction in volume in the last 24 hours, even the short-term signs on this project seem to be bleak.
While I would never openly oppose a project, I want to provide my readers with all of the claims leveled against Jungle Freaks so they may make educated judgments.
Trosley’s 1970s illustrations: How Bad Were They?
The photos were gruesome, but you may decide for yourself. Below are some of Trosley’s early racist writings.
When the founder of Jungle Freaks attempts to make it with NFTs, but his racist past catches up with him…
Please be aware that some of these are upsetting. pic.twitter.com/QktjqkHyZk #JungleFreaks
November 1, 2021 — Devchart (@devchart)
To add to the Trosleys’ racist accusations, it looks that the General’s Headgear attribute is modeled like a Nazi general’s hat.
As a characteristic, Jungle Freaks fashioned a Nazi General’s hat? You’re joking, right?
Don’t come in this tweet supporting them, remove this stuff off of OS, get that shit out of your money. I’m through with this.
Jungle Freaks is the only NFT collection that deserves to be delisted. Make it happen, photograph. twitter.com/OUQ9rVJzZC
November 1, 2021 — bender (@0xBender)
Activists and token holders went to Twitter and Discord after seeing these photographs. Several token holders sold their Jungle Freaks for as little as.001 ETH, while others transferred their Jungle Freaks to an ETH burn address. Former Jungle Freak token holder Elijah Wood sent out the following tweet.
November 1, 2021 — Elijah Wood (@elijahwood)
The Trosleys released the video and blog post below in reaction to the falling pricing and mounting outrage.
Trosley defends his early work, describing it as satirical and citing anti-KKK and other contentious drawings he created while at Hustler Magazine. By highlighting their affiliation with Larry Flynt, the Trosleys sought to clear themselves of racism (creator of Hustler Magazine).
Larry Flynt was shot and partly paralyzed by a white supremacist in retaliation to a pornographic scene between a black man and a white lady in the Hustler magazine.
In essence, a portion of the Trosley defense developed into: our buddy was shot by a white supremacist, ergo we’re not racists, but you should do your own investigation.
The Devastation Has Already Been Inflicted
Despite the Trosleys’ efforts to defend the racist cartoons, Jungle Freaks is irreparably damaged. Because the NFT community’s origins are so apolitical, any NFT collection that has a hint of poisonous ideology will be doomed.
When political antagonism was at its height, NFTs were popular. Everyone expressed strong opinions about the US Presidential Election, Brexit, Black Lives Matter, Coronavirus, and other issues. NFTs seemed to be a welcome respite from the venomous vitriol that flowed from every other area of social media. The NFT group gathered around cartoon apes recorded on a blockchain rather than a philosophy or political person.
NFTs should be used to establish communities, not factions, in the end. While I understand that selling an NFT at a loss is difficult, the tokens in your wallet, as well as the projects you choose to support, speak volumes about you.
The indicators are evident, with volume in free decline, a poor defense against claims, and the repetitive trauma from holding a Jungle Freak. You should get rid of your Freak, according to this author.