In the early morning of May 10th, Beijing time, Azuki founder ZAGABOND.ETH published an autographed article titled "A Builder's Journey", introducing his career history and changes in the NFT field. He emphasized the firm belief of himself and the entire Azuki team in the project itself and the development of Web3.0.

image description

Odaily Note: ZAGABOND.ETH said that it has learned different things in the past three projects.

Although according to ZAGABOND.ETH, these three projects are indispensable for his personal growth and Azuki's future success, the community obviously will not interpret it so simply. In the eyes of a considerable number of community members, since the past market performance of CryptoPhunks, Tendies, and CryptoZunks has not been satisfactory, the disclosure of ZAGABOND.ETH is almost like admitting that it has participated in three rug projects in the past year.

For example, Soby, the co-founder of Ex Populus, tweeted and questioned: "So the founder of Azuki is admitting that he created and abandoned three projects in the past year?"

Another example is the big V ZachXBT who has hundreds of thousands of fans questioned: "So Web3.0 is equal to three rug projects in one year?"

……

image description

Odaily Note: The decline performance of Azuki and BEANZ (Something) on ​​Flip.finance compared with other projects, the platform data has a certain delay compared with OpenSea, but it can roughly reflect the current market conditions.

So, why did ZAGABOND.ETH post an article to FUD its own project at this point in time? This is also the biggest doubt in the community at present. As the founder of a major NFT project, ZAGABOND.ETH should not be so "stupid". Even if it is well-decorated in speech, such a heavy disclosure will inevitably cause widespread controversy.

Regarding this point, Hustler, a well-known KOL in the NFT field, gave an answer (unconfirmed). Hustler said that the reason why ZAGABOND.ETH suddenly published an article was because there were rumors that the Cool Cats team was about to reveal its past project history, so ZAGABOND.ETH had to choose to "exposure itself" immediately, after all, what it said would be more popular. control, the impact will be relatively smaller.

Back to Azuki, after posting the article, ZAGABOND.ETH did not argue with others, and did not make too many other explanations, but just left a sentence on Twitter.

“We delivered on all our promises. Do I wish they (CryptoPhunks, Tendies, CryptoZunks) were more successful? Absolutely. In the end, the product doesn’t match the market, but that doesn’t mean they’re rugs.”