aggrieved Art Wars NFT investors speak out over dispute

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The suffering owner of the NFT of the online project ArtWars, which is at the heart of the ongoing controversy, said as the art market continues to grasp the reality of digital ownership.

The project was started last year by London-based artist and curator Ben Moore and US-based developer DeFi Network, but some of the prominent artists responsible for the tokens in the collection Immediate attention (including Jake & Dinos Chapman, Anish Kapoor, Damien Hirst) because they had a physical counterpart claimed that their permission was not sought from the NFT. Ownership was also questioned.

With no solution visible, project investors and community members are now seeking answers on project leadership and the next steps to the current situation.

“We have an NFT that has no value or future prospects,” said Mikk Roben, a regular NFT collector who bought two Stormtrooper helmets from the project, totaling about 2.9 ETH (at the point of sale). It’s about $ 10,400). He explained how a project backed by a “famous” curator contributed to the trust in the collection and the feeling that it was a “real art project” rather than a “meme painting”. increase. Another NFT owner wrote about Discord about how he put all the ETH into the project.

Although 1,138 NFTs are currently excluded from OpenSea, community members are expected to move the project to an alternative platform, Looksrare, in a new direction.

As news of the artist’s challenge over ownership began to emerge, the curator apologized for Discord, a communication platform used regularly to discuss NFT projects, and hosted a question-and-answer session to address concerns. did.

“We raised £ 30,000 for the Missing People charity. We worked hard to solve the problem with everyone in question, but everything took longer than expected and was very aggressive. I received the message, “says Ben Moore.

He adds: “I was seen as a spokesperson for the NFT team, [I] To explain, I represent a physical art wars project. You do not have the authority to publish sensitive information about NFT projects. “

A lawyer representing the artist of the conflict could not comment.

While I have little sympathy for those who invest in markets that are basically built on the basis of lack of regulation and decentralization, there is growing awareness that buyers are at risk and seek clarification. ..

Last week, NFT owners involved in a U.S. money laundering investigation of over $ 4.5 billion in crypto assets led by musician Heather Morgan (aka Lazlecan) reimbursed what was confiscated by the U.S. Department of Justice and OpenSea. According to the report by the request, the asset BuzzFeed News..

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