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NFT Collection Price Goes Up As Creator’s Racist Cartoon Circulates 11/03/2021

November 3, 2021 - Around 2 mins mins to read

The Jungle Freaks Non-Racist Token Collection (NFT) lost about 80% of its commercial value overnight after a racist animated series by one of its creators was posted on social networks. The project is the brainchild of Hustler magazine animator George Trosley and is curated by his son George III Trosley.

Many participants in the NFT sale expressed disappointment after Trosley’s offensive illustrations came to light. Even Lord of the rings Actor Elijah Wood, who recently piqued public interest in collecting various NFTs, replied: speech: “I heard about some of the artist’s earlier disturbing cartoons. When I found out about this, I immediately sold NFT as I fully denounce all forms of racism. I donated the money from the sale of NFT to LDF and Black Lives Matter. ”

Cryptopunks NFT Collection Joins Axie Infinity and Opensea by Hitting $1 Billion in Sales – Blockchain Bitcoin News

The later older brother Trosley tweeted What some believe is an apology that says:

“The illustrations I was supposed to draw over 40 years ago were taken out of context because today’s generation may not understand what is going on in the press and the world today. I work at Hustler magazine.”

His son speak Separately: “My father told me how embarrassed he was about the cartoons that a lot of people have seen. This project, and the NFT room in general, gave my father a chance to redeem himself. This community became inclusive from day one. “

Twitter users and self-identified people of color or POC, Ricefarmer.eth tweeted:

“Today I blocked more than 50 accounts, some of which are my followers. As a POC, I will not stand by anyone who defends jungle freaks and their behavior. “

This is not the first time in the past few months that an NFT project has faced backlash for objectionable content. In June, a project called Misfit University drew flames among domestic violence survivors when it did exit a series of NFTs with avatars taped over their mouths. The project’s creators eventually apologized and bought back the offensive assets from the affected users.

The OpenSea market is not immune to controversy, albeit of a different nature. In September, the company confirmed that one of its product leads had benefited from insider trading. Nate Chastain bought eleven NFTs that he knew would make the front page of the market and sold them at a high profit as they rose in price. OpenSea opened an investigation and Chastain resigned.

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# Cryptocurrencies

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
Market

NFT Collection Price Goes Up As Creator’s Racist Cartoon Circulates 11/03/2021

The Jungle Freaks Non-Racist Token Collection (NFT) lost about 80% of its commercial value overnight after a racist animated series by one of its creators was posted on social networks. The project is the brainchild of Hustler magazine animator George Trosley and is curated by his son George III Trosley.

Many participants in the NFT sale expressed disappointment after Trosley’s offensive illustrations came to light. Even Lord of the rings Actor Elijah Wood, who recently piqued public interest in collecting various NFTs, replied: speech: “I heard about some of the artist’s earlier disturbing cartoons. When I found out about this, I immediately sold NFT as I fully denounce all forms of racism. I donated the money from the sale of NFT to LDF and Black Lives Matter. ”

Cryptopunks NFT Collection Joins Axie Infinity and Opensea by Hitting $1 Billion in Sales – Blockchain Bitcoin News

The later older brother Trosley tweeted What some believe is an apology that says:

“The illustrations I was supposed to draw over 40 years ago were taken out of context because today’s generation may not understand what is going on in the press and the world today. I work at Hustler magazine.”

His son speak Separately: “My father told me how embarrassed he was about the cartoons that a lot of people have seen. This project, and the NFT room in general, gave my father a chance to redeem himself. This community became inclusive from day one. “

Twitter users and self-identified people of color or POC, Ricefarmer.eth tweeted:

“Today I blocked more than 50 accounts, some of which are my followers. As a POC, I will not stand by anyone who defends jungle freaks and their behavior. “

This is not the first time in the past few months that an NFT project has faced backlash for objectionable content. In June, a project called Misfit University drew flames among domestic violence survivors when it did exit a series of NFTs with avatars taped over their mouths. The project’s creators eventually apologized and bought back the offensive assets from the affected users.

The OpenSea market is not immune to controversy, albeit of a different nature. In September, the company confirmed that one of its product leads had benefited from insider trading. Nate Chastain bought eleven NFTs that he knew would make the front page of the market and sold them at a high profit as they rose in price. OpenSea opened an investigation and Chastain resigned.

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