Cardano’s Charles Hoskinson stirred up controversy once more when he changed his Twitter profile picture to a replica of a Cardano NFT that featured a drawing of himself.
This time, Hoskinson was locked in a verbal battle with the CEO of large Cardano NFT marketplace JPGstore, Blakelock Brown, who insisted that Hoskinson should have purchased a real NFT and set an example, for the NFT industry.
In response, the IOHK founder refused to buy the NFT or sign any contract.
“I don’t think Blake is getting my broader point about the contractual relationships and rights of the purchaser”, Hoskinson tweeted.
He then said an NFT is the same as that of a lithograph a painting.
It’s worth noting that the NFT Hoskinson used as his profile picture the day prior cost 10,000 ADA, or $2,700.
The Cardano founder started receiving flak after justifying right-clicking and saving the image because he liked it and that the owner of the genuine NFT had nothing against it, because the action, as per him, elevated the digital collectible’s worth.
He concluded his tweets by saying that he had a cool profile picture and had saved money at the end.
Outside of the crypto community, there has been significant discussion over right-clicking and saving NFT as an image, which seems to invalidate the idea of NFTs altogether.
That being said, in Dec last, Cardano-based NFT sales surged by more than 30% over the daily index. The joint photo of Hoskinson and hip-hop legend Snoop Dogg was likely the catalyst for such a significant change.
Cardano NFTs Gather Steam
Overall, the Cardano ecosystem has witnessed fast growth in the world of Web3 and non-fungible tokens. The blockchain is slowly becoming a go-to platform for different players to launch their unique digital collectibles.
The layer-1 protocol has recently gained momentum for NFT projects. The floor price of The Ape Society’s NFTs, Cardano’s largest NFT project, hit a record high of 10,000 ADA, indicating strong user demand.
It’s interesting to note that ADA Ape demand has also surged recently, pushing up prices even further. According to the most recent information provided by wab.eth, Cardano Ape Francisque sold for a staggering $250,000, directly competing with the extremely well-liked Bored Ape NFTs.
It’s intriguing that such a development occurred at a time when market sentiment is bearish.