Wednesday, June 7, 2023
HomeNFTWhy National Geographic Was Slammed After Its 1st NFT Announcement

Why National Geographic Was Slammed After Its 1st NFT Announcement

National Geographic was unprepared to handle the level of criticism it received after unveiling its first NFT collection.

Those who read the magazine with a natural interest wanted their readers to fall in love with NFTs. I am dedicated to writing about kind.

according to report, Backlash began last week when their social media accounts posted the infamous Bored Ape Yacht Club NFT.

The purpose of the nature-focused publication’s message was to prepare readers for the launch of Polygon, NFT’s own brand, the Genesis Collection.

A collection of digital art based on popular photography by some of National Geographic’s best lensmen, including Justin Aversano and Catch Simard.

National Geographic is a US monthly magazine published by the National Geographic Society and distributed internationally in various formats.

It is famous not only for its stunning images and maps, but also for its chronicles of many nations, societies and animals.

Backfired beginnings and technical problems

The public has not reacted positively to NatGeo’s investment decision. NFTsmany claim NFTs are a hoax, and others suggest that the excitement surrounding NFTs has died down.

NatGeo’s social media sites were flooded with negative comments, including vulgar content and calls for NatGeo to remove the NFT article.

Aside from harsh words from viewers, National Geographic received further criticism when some technical issues were found when the rest of the users tried to create their NFTs.

During the mining process, National Geographic’s mining platform, Snowcrash, encountered technical difficulties in processing and fulfilling customer requests.

National Geographic was founded in 1888 and today has over 256 million Instagram followers, 50 million Facebook likes and well over 29 million Twitter followers.

National Geographic isn’t the first to face NFT backlash

When it comes to public backlash related to NFTs, the 135-year-old nature-focused magazine National Geographic isn’t the only one making the effort, as many other companies and organizations have experienced the same. and Canada today.

Other multimedia outlets, such as the entertainment and gaming industries, have backfired with their fair share of NFTs.

sauce: christian brand twitter

One such case was when popular streaming service Netflix released one of its most popular shows. ‘Stranger Things’ gets its own NFT Through its own special mini-games.

Supported by the Palm blockchain, managed by Candy Digital, there are hidden messages within NFTs that players can discover.

Crypto total market cap at $995 billion on the weekend chart | Chart: TradingView.com

However, much like the video game industry, Gamers Rejected NFTs Fans of the show and users of streaming service apps are particularly unhappy with Netflix’s involvement in NFTs.

It seems that NFTs have a long way to go before they are accepted by the masses.

Featured Image by Business 2 Community

RELATED ARTICLES
- Advertisment -
Google search engine

Most Popular

Recent Comments