Kevin Rose, co-founder of PROOF and now owner of Yuga NFT collection Moonbirds, has responded to the backlash after selling $1.2 million of his NFT collection in a now-deleted series of posts on X.
The controversial figure – who changed his profile on X to promote his interview series of the same name ‘The Kevin Rose Show’ – explained that he was “diversifying rather than praying that a single collection or bag would work,” amid the belief that “classic cryptocurrency will outperform.”
Kevin also transferred CryptoPunk #6419 in a rumored sale to @mulligan, plus burned two of his ENS domains and revoked the record for his top-level domains in a move he says is in the interest of privacy.
Source: Tyler HobbsHow has the community responded?
The sales – including 142 ETH ($562,320) for Fidenza 531 and 151.2 ETH ($598,752) for XCOPY’s 1-of-1 “When Airdrop?” – were picked up by the community almost immediately on March 9, resulting in a widespread response led by noted Moonbirds holder JayJay in a series of messages about X.
Kevin took to community fears that he is turning his back on an active role in web3.
This is the latest in what has been a busy 2024 for the prominent Web3 figure, following the sale of PROOF Collective – which includes the exhibition series Moonbirds, Oddities, Mythics and the Grails – to Yuga Labs in February.