The term Web3 was taken up years later to promote a “decentralized web”. This has brought a lot of criticism, because the internet is already decentralized. It was therefore mainly a question of decentralizing not the internet, but rather the ownership of our digital identity. With Ethereum and its smart contracts, the use of blockchain seemed to be part of the solution to this problem.
The CryptoPunks market is therefore becoming more and more centralized but above all, completely inaccessible to ordinary mortals. With the arrival of different investment groups like Three Arrow Capital that are only looking for the “most valuable” NFTs, it seems that competition for the acquisition of CryptoPunks is taking hold. Between what seems to have become two opposing camps.
From a numerical point of view, the drop was colossal even taking into account the presence of bots. The hype around the project attracted a lot of people and even the slightest mistake from the team was scrutinized and analyzed.A number of allegations have appeared on Twitter, including suggestions that one of the developers, Wyb0 of Miinded Studio managed to purchase one of the rarest NFTs through early access to metadata.