PXN Addresses IP Concerns

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PXN released a blog post this morning to address a Twitter thread accusing the project of stolen intellectual property (IP). The complaints highlight similarities between NFTs in the PXN collection and characters featured in popular anime brands. In the blog post, the PXN team admits the collection does include "a very tiny portion of anime inspired 1/1s within our 10,000 Ghost collection," and the project's art director says this was done to "pay homage and to add a bit of fun."

As a next step, PXN put forth the following proposal:

"We will be pushing out blank images in a few hours to act as placeholders for some of the NFTs in question. These are Legendaries and Epics in the collection that we deem as problematic pieces that are in the strike zone. Probably around 15-20 pieces stand out to me at this point. Anyone that is affected will have 10e (sic) compensated when their NFT is re-rolled into another Epic or Legendary PXN original that will knock your socks off."

The collection's floor price currently sits at 3.01 ETH as of 9:00 a.m. ET this morning, down from 4.9 ETH prereveal.

Author Bio

Bill Monighetti

Lucky Trader COO

A web3 degen with a soft spot for pixel art, Bill previously served a variety of roles at FantasyLabs/The Action Network including product manager and NFL news reporter. Red-pilled into NFTs by NBA Top Shot during the winter of 2020.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.