BAYC Yuga co-founder responds to the “BAYC destroyed NFT” controversy, saying the problem is the proliferation of copycat projects
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AT A GLANCE
Pranksy criticized BAYC for causing the public to equate NFT with “ape projects,” while Greg Solano pointed to the proliferation of copycat projects.
Article
BAYC Yuga co-founder responds to the “BAYC destroyed NFT” controversy: The real problem is the proliferation of copycat projects
PANews October 6 reported that NFT whale Pranksy posted on X, saying “BAYC destroyed NFT”，NFT the technology itself was overshadowed by the image of profile-picture projects such as BAYC and the public ultimately equated NFT with “ape projects,” after which the market saw numerous copycat projects for years. In response,BAYC co-founder Greg Solano responded that Pranksy had sold USD for millions of 500000000 USD that could originally have been worth BAYC assets and continued promoting numerous “imitation copycat projects.” She had founded multiple NFT-related companies, but all of these projects have now been removed from her profile. Greg Solano also angrily retorted, “Either be the change you want to see, or enjoy the wealth brought by BAYC.”
PANews reported that Pranksy posted on X, saying “BAYC destroyed NFT”。
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Pranksy believes that NFT the technology itself was overshadowed by BAYC the image of profile-picture projects such as NFT and that the public ultimately equated it with “ape projects.”
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Pranksy said the market subsequently saw numerous copycat projects for years.
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Greg Solano responded that Pranksy had sold USD for millions of 500000000 USD that could originally have been worth BAYC assets and continued promoting numerous “imitation copycat projects.”
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Greg Solano also said that Pranksy had founded multiple NFT-related companies, but these projects have now all been removed from her profile.
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Greg Solano said: “Either be the change you want to see, or enjoy the wealth brought by BAYC.”
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a public dispute concerning BAYC and NFT industry development. Pranksy believes that BAYC profile-picture projects such as NFT have obscured BAYC the technology itself and led to numerous imitative projects in the market; Greg Solano, in turn, accused Pranksy of selling
Why it matters to readers
The dispute reflects whether NFT is dominated by profile-picture projects in the public’s perception, and whether the proliferation of copycat projects has damaged the industry’s image. The source provides no price, trading-volume, or fund-flow data, so the dispute’s actual impact on the BAYC or NFT market cannot be determined.
Beginners should view this content as a clash of opinions between industry figures, rather than as an established market conclusion. Claims concerning asset sale prices, potential values, and project promotion require further evidentiary verification.
Risks and unknowns
Greg Solano’s claim regarding a sale price of “millions of USD” and a “potential value of 500000000 USD” is not accompanied by transaction evidence.
Greg Solano’s accusation that Pranksy promoted “imitation copycat projects” has not been independently verified.
The NFT-related companies founded by Pranksy, and their removal from her profile, are not supported by a specific list or verification materials.
Both sides’ statements were relayed by PANews; the source did not present the complete posts or their context.
Related Developments
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The impact of the dispute on BAYC and NFT market prices, trading volume, and demand is unknown.
Related concepts
NFT
Represents a non-fungible token for a unique digital asset and can be used to represent ownership of the digital asset.
