A recent nonfungible token (NFT) listing on GameStop’s marketplace became the center of controversy in the NFT world. The listing received heavy backlash from the community, which prompted the marketplace to take action within a day, showing how a community can come together to reverse the wrong.
The NFT in question, titled “Falling Man,” showed a man in a space suit falling downwards. The NFT in question had quite a resemblance to the infamous 9/11 photo of a man falling to his death that has since s become a defining moment of the deadly attacks. Many believed the NFT was mimicking the 9/11 victim and also infringed on the copyright of the image taken by original photojournalist Richard Drew.
In another discussion on the meme stock subreddit GME_Meltdown, a user pointed out that the figure in the NFT is a rendering of an existing 3D model of a Russian flight suit created by an independent artist, which was used without the permission of the original artist.
The GameStop team eventually took down the NFT and even banned the creator behind the art from minting on the platform.
“It’s still not enough how do you even allow this it’s disgusting there needs to be a review team that looks into each NFT for shit like this or stolen art.”
GameStop didn’t respond to Cointelegraph’s request for comments at press time.
While GameStop faced the community backlash, the incident opened a Pandora’s box of evidence highlighting how for many, NFTs became a medium of making quick money at the cost of common human decency.
The Falling Man NFT has been up on @opensea for two months plus. Stupid People are trying to shame @GameStopNFT for taken it down in a day! saying #GameStopNFT needs to do better content control They’re already the best!!! Go FUD elsewhere! https://t.co/DQNLRE6xd2 #GME pic.twitter.com/qQ8kIBvXWI
Another revelation came earlier in January this year when a doctor tried to selli an X-ray of the 2015 Paris terrorist attack victim as an NFT. The doctor is currently facing legal and disciplinary actions.
The NFT mania began at the height of the bull run in March 2021 after digital artist Beeple’s NFT art fetched a whopping $69.3 million. Since then, NFT has become the buzzword, and every other brand and celebrity has been getting involved with the phenomenon.
With the rise in popularity, the ecosystem became a target of scammers as well, leading to an increase in copyright infringements and fake NFT sales. However, the crypto community has always come together to show the power of the people. One such instance took place in May this year when the Solana (SOL) community came together to “scam” a scammer to get back some stolen NFTs.
- ^ pointed (www.reddit.com)
- ^ pic.twitter.com/tJpcmXqkJz (t.co)
- ^ July 23, 2022 (twitter.com)
- ^ wrote (twitter.com)
- ^ Scams in GameFi: How to identify toxic NFT gaming projects (cointelegraph.com)
- ^ has (opensea.io)
- ^ @opensea (twitter.com)
- ^ @GameStopNFT (twitter.com)
- ^ #GameStopNFT (twitter.com)
- ^ https://t.co/DQNLRE6xd2 (t.co)
- ^ #GME (twitter.com)
- ^ pic.twitter.com/qQ8kIBvXWI (t.co)
- ^ July 24, 2022 (twitter.com)
- ^ selli (www.mediapart.fr)
- ^ Beeple’s NFT art fetched a whopping $69.3 million (cointelegraph.com)
- ^ ecosystem became a target of scammers (cointelegraph.com)
- ^ SOL (cointelegraph.com)
- ^ “scam” a scammer to get back some stolen NFTs (cointelegraph.com)