Every other day, any other drama for the NFT Twitter group as artist TEJI apologized for launching a pretend XCOPY collaboration. Briefly, the virtual writer introduced an NFT marketed as a “collaborative piece between XCOPY & TEJI.” Then again, the partnership if truth be told by no means came about.
Lower than 24 hours in the past, TEJI apologized for the error by way of Twitter, claiming he would factor money back to all NFT minters. Then again, this was once slightly sufficient for creditors claiming that TEJI has been scamming customers with different pretend collabs too. What’s the reality?
TEJI x XCOPY: Did the Artists Really Collaborate?
It’s certainly a coarse week get started for younger virtual artist TEJI who had simply posted an apology letter to explain his XCOPY collaboration. His most up-to-date NFT drop titled “YES, THIS IS A COPY” was once offered on OpenSea as a “collaborative piece” between him and the enduring artist XCOPY. Right here’s the preliminary description:
Within the letter printed by way of Twitter as of late, TEJI defined that his drop “YES, THIS IS A COPY” isn’t a real partnership with the XCOPY. In reality, the virtual asset turns out to mirror the enduring artist’s taste – and that’s all.
“I made a mistake by way of no longer the use of transparent language at the “THIS IS A COPY” mint. It was once by no means my aim to lie to creditors,” he wrote within the letter.
As well as, TEJI promised that each and every minter will obtain money back for his or her NFT acquire. In the meantime, the present NFT holders would be capable of mint a unfastened collectible from the artist’s upcoming drop.
Reality be informed, TEJI’s apology letter concerning the pretend XCOPY partnership won combined reactions. Whilst some customers praised him for his honesty, (many) others simply couldn’t consider it was once a mistake.
“This was once so deficient, and your apology sounds reactionary. Like a child stuck stealing sweet from the nook retailer. They’re no longer if truth be told remorseful, simply disillusioned they were given referred to as out on their bull*t,” responded NFT investor @anonshiller.
Strangely, some NFT customers declare this isn’t TEJI’s first strive at allegedly looking to rip-off creditors. As an example, the collector introduced a partnership with NIKE again in Would possibly 2022 which may additionally be a rip-off, enthusiasts consider.
What About TEJI’s Introduced Partnership With NIKE?
On Would possibly second, 2022, TEJI introduced an “legitimate collaboration with CryptoPhunksV2 and NIKE.” Accordingly, those that minted an NFT from the gathering (value 0.04ETH) would obtain limited-edition merch that includes the 3 manufacturers’ trademarks.
On the time, TEJI even posted a video from a real NIKE retailer showcasing a hoodie from the gathering. Within the Twitter description of his video, the artist thanked RTFKT and Ryder Ripps “for making this conceivable.”
Then again, months handed and the minters it seems that by no means won their long-awaited merch. Customers had been inquiring for updates at the drop for months by way of Discord too with none answer from TEJI.
The NFT Night time staff reached out to TEJI for feedback on his pretend XCOPY collaboration and can get again with updates quickly. In the meantime, be sure to keep protected and triple-check each good contract, each NFT collaboration, and your scorching wallets earlier than creating a transaction – take a look at our information to NFT safety with Ledger.
All funding/monetary critiques expressed by way of NFTevening.com aren’t suggestions.
This newsletter is tutorial subject matter.
As at all times, make your personal analysis prior to creating any roughly funding.
