Yuga CEO Addresses Super Punk World Backlash
In this post
CryptoGarga, the Yuga Labs CEO, announced a shift in strategy for the Super Punk World collection, opting to randomly airdrop the 500-piece collection to holders of Nina Chanel's work instead of conducting an auction.
🚜 Back It Up
Yuga Labs faced backlash from the community regarding its handling of the Super Punk World collection. Originally produced with the intention of preserving the legacy of Punks via the Punks in Residence program, the company now seeks to realign its strategy, backing away from a Dutch auction.
The Deets...Now
- Randomized Airdrop: The 500-piece Super Punk World collection will now be distributed to holders of Nina Chanel's work, offering a chance for supporters of her art to own pieces from this unique collection.
- Preservation of Punks: Yuga will only support museums and institutions in acquiring punks to educate audiences about their significance.
📣 Founder Feedback
What about punks? Yuga will no longer touch punks. They will just be decentralized and preserved on the blockchain. The only thing we intend to do is support a few museums and institutions in their quest to acquire a punk and help educate their audience about them.CryptoGarga, Yuga Labs CEO
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