Speculations Surround OpenSea's Possible Relaunch of CryptoPhunks

NFT project CryptoPhunks is rumoured If relisted on OpenSea, the biggest NFT marketplace will need to respond to the counter notice regarding the Digital Millennium Copyright Act sent by CryptoPhunks' legal representatives about ten days ago, or it risks having the collection reinstated on the platform.

CryptoPhunks NFTs bear a striking resemblance to CryptoPunks but differentiate themselves by facing left rather than right. The original CryptoPunks were developed by Matt Hall and John Watkinson back in June 2017 and were groundbreaking, gaining significant traction beyond the blockchain community and leading to exorbitant sales.

However, the CryptoPunks project is not without its controversies, especially from the perspective of the more traditional crypto community. The statement from CryptoPhunks creators, directed at Larva Labs and the NFT community, emphasizes themes such as resistance to censorship and the importance of genuine decentralization. letter The saga of CryptoPhunks is quite the tale. Launched in June 2021, the creators aimed to 'test' the limits of how far an homage to the iconic collection could stretch. Notably, among all the various CryptoPunks knock-offs, CryptoPhunks was the only one to face delisting on OpenSea. The creators attempted to engage with OpenSea's management but received no feedback. To date, OpenSea has removed CryptoPhunks from their platform three separate times due to DMCA complaints from Larva Labs.

The Phunks have pointed out that all the employees of OpenSea use CryptoPunks avatars and draw parallels to how centralized Web2 platforms operate in similar situations.

Regardless of how things turn out, the ongoing dispute between CryptoPunks and CryptoPhunks is set to become a significant milestone in the history of NFTs.

CryptoPhunk, the founder of Azuki, has faced backlash over accusations of rug pulls.

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