Last week, chairman of the political party Forum for Democracy Thierry Baudet two series of NFTs released on the theme of Baudet’s fight against the World Economic Forum (WEF). The first day of official availability was last Monday. After a day they already flopped a lot, and now they are not available anymore via OpenSea.
Kcriticism of Klaus Schwab
The two collections were available on NFT platform OpenSea and leveraged the Polygon blockchain. Baudet is a fierce critic of the World Economic Forum, a company that he believes is leading the world in the wrong direction sends and serious threats formt for example individual freedom and the well-being of societyj.
From Non-Fungible Tokens (NFT) depict how Baudet WEF founder and CEO Klaus Schwab takes a beating. They also serve as proof of membership for a closed group of readers of the brand new publisher Amsterdam Books. This publisher claims to have been established to promote freedom of expression. The NFTs were priced at 57 polygon (MATIC) each in presale, and were priced at 85 MATIC at official availability on March 21. So now they are no longer available.
Practical problems
on Twitter off BNR editor-in-chief Aaron Loupatty’s frustration. There would be 100 whitelist tokens available at launch, but the 95 tokens sold are from 33 different owners. According to him, that is illogical if the sale would have been fair, and therefore NFTs would have been given away among themselves.
The launch was also delayed by about an hour, and once it did, the lowest price went from 0.4 ETH (then about 1000 euros) to 0.043 ether (113 euros) gone. After about nine hours, only 343 NFTs had been minted, while 2,000 were expected to become available. The price was then about 0.035 ether, converted then 95 euros. The trading volume was further below 7,000 euros.
The NFTs still exist (it is of course the internet and they are immortalized on a blockchain), yet it becomes very difficult to trade them if they are not on OpenSea or a similar platform. Time will tell whether the initiative will continue.
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