National Geographic has received criticism for its NFT collection

National Geographic has received criticism for its NFT collection

National Geographic has received criticism for its NFT collection
National Geographic has received criticism for its NFT collection
Type: News | Thoughts
1674643520 25 Jan / 10:45

Global research platform National Geographic has received a lot of criticism from the crypto community after launching its first collection of non-fungible tokens in partnership with Snowcrash on the Polygon network.

On January 17, National Geographic unveiled its NFT collection, based on the popular photos of its 16 top photographers. The public did not react positively to National Geographic’s decision to invest in non-fungible tokens (NFTs) because many believed these types of tokens were a scam and the hype around them had died down.

Negative comments, including profanity and demands that the magazine removes its NFT articles, flooded the pages of the global social media platform.

The criticism reportedly started when Bored Ape Yacht Club‘s NFT was posted on the magazine’s social media accounts last week.

The purpose of the nature-oriented publication’s announcement was to prepare its audience for the launch of its collection of irreplaceable tokens called the Genesis Collection.

National Geographic received further criticism when technical issues were discovered when some users tried to manage their non-fungible tokens.

Then the platform broadcasting the National Geographic project, Snowcrash, encountered technical problems in processing and fulfilling customer requests.

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