Behind-the-Scenes Drama Over 'Dogwifhat' Meme NFT Auction Frustrates Cryptocurrency Communities
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Tensions arose between owners of the real-life dog "Achi" featured in the popular "Dogwifhat" meme and Solana community members over an NFT auction of Achi's photo.
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Achi's owners partnered with Ethereum's Feisty DAO to auction the NFT after a failed attempt working with a Solana token project that rug pulled.
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The NFT auction frustrated some Solana users who felt Achi's owners should have worked with them instead, prompting public pleas from the owners.
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Despite the meme coin built on Achi's image reaching a $3 billion market cap, Achi's owners were never contacted by the meme coin team until recently.
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A facilitator of the NFT auction reached out to a prominent member of the meme coin community about purchasing the NFT, but received no interest.