Developers write code to protect NFT projects from ‘Aoki Curse’

Developers write code to protect NFT projects from ‘Aoki Curse’

Azuki developer Cygaar_dev has jokingly written code that would prevent Steve Aoki from buying NFT projects – to avoid the “Aoki curse”.

In a 10 August tweet, the Azuki developer told NFT project owners who are tired of seeing Aoki buy into their projects and the floor price drop to add the code to their contract.

“With this code in place, he will never be able to harm you or your holders.”

Meanwhile, NFT projects like Edgehogs have also jokingly included codes to prevent Aoki from buying their project.

What is the Aoki Curse?

According to community members, the floor price of an NFT collection tends to drop every time the celebrity DJ announces the purchase.

The scenario has played out several times, which has led the NFT community to call the phenomenon a “curse”

For example, after Aoki bought Moonbird’s NFTs, the floor price of the collection went from over 30 ETH to 22 ETH.

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The same situation played out when he bought Azuki NFTs. The collection had a peak price of 36 ETH, which dropped significantly after Aoki revealed that he had purchased the collection.

Is the Aoki Curse real?

While some in the community believe the Aoki curse is real, the drop in value of most of the NFTs he bought is explainable.

As for the Azuki NFTs, Aoki entered the collection around the same time that the collection’s founder publicly admitted that he had left three different projects before creating Azuki.

Meanwhile, some of his purchases occurred during the thick of the industry-wide crypto market crash along with the decline in NFT trading activity. All of this played a role in the declining value of some of these NFT collections.

Aoki remains an avid NFT collector

Despite the myth of his NFT purchases, Aoki remains a top NFT collector with projects such as Azuki, Bored Apes, Moonbirds, Goblintown, 3Landers, etc., in his collection.

In addition to being an avid collector, Aoki also has his own NFT avatar collection on The Sandbox. Before that, he launched the Dream Catcher series and created A0K1VERSE.

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