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Moonbirds, the once elite ‘blue chip’ NFT collection of Kevin Rose and the prestigious PROOF COLLECTIVE are struggling. In a recent Twitter space, Rose addressed recent FUD. He also added that The Bored Ape Yacht Club is down more than Moonbirds. This saga was met with backlash from society. Here is everything you need to know.
If you are an NFT enthusiast, then there is no doubt that you would have heard of Moonbirds by Kevin Rose’s PROOF COLLECTIVE. For a long time the Moonbirds were predicted to be the next Bored Ape Yacht Club. However, Moonbirds is currently the most advanced project in Web3.
How did we get here? In short, Moonbirds minted their entire collection at 2.5 ETH per token. Then, in the days and weeks that followed, the floor price “skyrocketed” to the 30+ ETH range. This figure is staggering compared to today’s 2,149 ETH. Naturally, this decline puts Moonbirds at the center of R&D.
In an effort to address FUD, Kevin Rose hosted one Twitter space titled “NFTs” on May 29, 2023. More than 6,000 eager individuals tuned in to listen to Rose’s insights. In summary, Kevin’s main points were:
The first four points seem fair. However, the latter point has been met with community backlash and has only added fuel to the R&D fire. The general backlash, especially from the Bored Ape community, is that Ape holders received a 6-figure Apecoin drop, Mutant Apes, Otherdeeds, and more. While Moonbirds holders received socks, fanny packs, canceled plans, operational errors and more. Therefore, Rose’s statement is somewhat redundant in their opinion. Many express that they feel Rose’s actions are unprofessional and show a losing mentality.
Moonbirds are no stranger to controversy. There have been many events in history that have sparked an uproar from the NFT community.
After learning this, it is clear that the recent event and backlash is the result of many past events. The NFT community is getting tired of Kevin Rose and the Moonbirds, and the floor price is a reflection. In addition, many big names in space publicly express their thoughts, and the anti-moonbirds threads is composed. Could this be the end of Moonbirds? I’m not sure. However, remember to check back in for regular updates!