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Charles Hoskinson Unintentionally Boosts an NFT; Ethereum Sees Decline in NFT Volume

Published 12/12/2023, 04:45 AM
Charles Hoskinson Unintentionally Boosts an NFT; Ethereum Sees Decline in NFT Volume
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  • Charles Hoskinson unintentionally boosted the popularity of the Freya NFT project.
  • The Freya NFT project experienced a remarkable increase of 648% within two days.
  • Data reveals Bitcoin as the number one chain in terms of NFT sales volume.

The founder of Cardano, Charles Hoskinson, inadvertently sparked a surge in interest for the NFT project named Freya when he shared a now-deleted picture on X featuring himself and his dog, whose name is Freya.

In the post, he tagged an account associated with a dog-themed NFT project that shared the same name as his pet. While initial reports suggested that Hoskinson tagged the account accidentally, the NFTs associated with Freya experienced a notable uptick in trading, driven by the misconception that Hoskinson was connected to the project.

In a subsequent post on X, Hoskinson clarified his lack of involvement with “fan projects like Freya or other NFT plays.” He explained that people had created artwork featuring him and his dog, but he asserted that he had no affiliation with the Freya project.

The post Charles Hoskinson Unintentionally Boosts an NFT; Ethereum Sees Decline in NFT Volume appeared first on Coin Edition.

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