Ethereum

Dogwifhat Spat? Ethereum NFT auction exposes tensions between dog owners and Solana community.

famous for being lovely memeIt’s cute in itself languageand large monument To your beloved pet billions of dollars The ecosystem of Shiba Inu-themed meme coins is generally a cuddly place to live.

However, tensions have recently been rising among users within the Solana ecosystem. Dog We Fat (WIF) The real-life Korean dog owner who inspired the meme coins and tokens may have caused trouble in pet paradise.

On Thursday, a South Korean Instagram user announced that the Shiba Inu featured in the “Dogwifhat” meme named Achi was actually their pet, and that they plan to auction off an NFT of Achi’s iconic original photo to celebrate the dog. Announced. Achi is wearing a woven beanie (which the user says she knitted for her dog).

The user’s Instagram profile has been posting a steady stream of photos of the Shiba Inu dressed in various fabrics over the past five years, ever since the dog was a puppy. They also posted the famous “Dogwifhat” photo itself in December 2018, almost a year before the photo was posted. It went viral online. Partners for Achi NFT Auction confirmed. decryption This means that the user has been confirmed as Achi’s biological parent.

However, once the NFT photo auction was announced, several members of the WIF community and other Solana users lamented the fact that, in the case of the Achi NFT, the puppy’s parents had partnered with the Feisty DAO. online community I have previous experience purchasing and splitting Shiba Inu related NFTs on the Ethereum blockchain.

The new Achi NFT will be issued as an Ethereum NFT and is currently up for auction From the Ethereum NFT Platform Foundation. The auction ends on Monday. At the time of writing, the current bid for the piece is 50 ETH, or a value of over $182,000.

Frustration over the NFT drop (mostly from Achi’s parents pleading with Solana’s WIF team to work with Solana’s WIF team instead) has grown to the point where pet owners have publicly pleaded for the onslaught to stop.

“Please stop insulting (Archie) and us,” the owner wrote in a pinned comment on the Instagram post. “You have no reason to blame us. Please support us.”

But apparently Achi’s owners had previously did Attempting to collaborate with Solana users will lead to disastrous results. A meme coin that emerged in the wake of WIF’s incredible success, arch, was released late last month with the support and support of Archie’s parents. Shortly thereafter, the token creator reportedly sabotaged the project.

Due to such bad experiences, Achi’s parents decided to partner with Feisty DAO, which has successfully launched several NFT sales in the past. roadFeisty DAO member and Achi NFT auction host said: decryption.

decryption We reached out to Achi’s parents via Instagram but did not immediately hear back.

Several WIF community members were clearly frustrated with Achi’s parents for not coordinating the NFT release with the meme coin community, but the community appears to have done little to reach out to the dog’s family whose face blew up the token. all Multi-Billion Dollar Valuation.

WIF was launched in December. Until a few weeks ago, Achi’s parents had reportedly not heard from anyone in the WIF community and had attempted to contact them.

mihirOne of the WIF community members who adjusted the raise. nearly $700,000 This week, he said he’ll be painting Achi’s face at the Sphere, a stadium covered in giant LED screens in Las Vegas. decryption He said he didn’t know Achi’s owner until last week. But he believes they owe money from WIF’s loot.

At the time of writing, WIF’s market capitalization exceeds: $3 billion. The current bid for an NFT of the original photo taken by Achi’s parents (on which the WIF is based) is approximately $182,000.

Path, the Feisty DAO member overseeing the NFT photo auction, said that if the Solana community is interested in purchasing the photo, he would be willing to consider reminting the NFT on Solana for the auction winner.

Path reached out to Ansem, a prominent member of the WIF community, to cryptocurrency influencer You might want to buy Achi NFTs, but Ansem wasn’t interested. Path said he has not heard from anyone else involved with WIF.

Ansem did not immediately respond when: decryption I’ve reached out for comment.

Editor: Andrew Hayward

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