In the early morning of May 10th, Azuki founder ZAGABOND.ETH released a personal article titled "A Builder's Journey", introducing his career history in the NFT field and the changes in his mind, as well as re-emphasizing his and the Azuki team's strong belief in the project itself and the development of Web 3.0. He also re-emphasized his and the Azuki team's strong belief in the project itself and the development of Web 3.0.

ETH reveals for the first time in the article that he has created three other NFT projects in the past - CryptoPhunks, Tendies, and CryptoZunks - and from these three "failures In the article, ETH reveals for the first time that he has created three other NFT projects in the past - CryptoPhunks, Tendies, and CryptoZunks - and has learned different lessons from these three "failures", and finally integrated all the experiences and reflections to create Azuki today.

While in the mouth of ZAGABOND.ETH, these three projects are integral to his personal growth and the future success of Azuki, it is clear that the community will not interpret them so simply. To a significant portion of the community, this disclosure by ZAGABOND.ETH is akin to a personal acknowledgement of his involvement in three rug projects in the past year, given the lackluster market performance of CryptoPhunks, Tendies, and CryptoZunks in the past.

For example, Ex Populus co-founder soby tweeted, "So the founder of Azuki is admitting to creating and abandoning three projects in the past year?"

Another example is ZachXBT, a big V with hundreds of thousands of followers, who questioned, "So Web3.0 is the same as rug three projects in one year?"

After ZAGABOND.ETH's article, Azuki's floor price dipped to 10 ETH, temporarily at 13.46 ETH as of 10:00, while BEANZ's floor price has dropped to 1.93 ETH. ETH, the article on ZAGABOND.ETH is clearly one of the key reasons for the drop, when comparing the drop of other NFT blue chips.

Odaily Star Daily Note: The performance of Azuki and BEANZ (Something) on Flip.finance compared to other projects down, the platform data has some delay compared to OpenSea, but it can roughly reflect the current market condition.

So, why is ZAGABOND.ETH posting to FUD its own project at this point in time? This is also the biggest question in the community. As the founder of one of the leading NFT projects, ZAGABOND.ETH should not be so "stupid", even if the rhetoric is well groomed, such a heavyweight disclosure will inevitably lead to widespread controversy.

According to Hustler, ZAGABOND.ETH's sudden release was due to rumors that the Cool Cats team was about to uncover its past project history, so ZAGABOND.ETH had to "expose" itself immediately. ETH had to choose to "expose" themselves right away, after all, their words would be more controlled and less influential.

Back to Azuki, after the post, ZAGABOND.ETH did not argue with others, nor did he explain much else, but just left a message on Twitter.

"We delivered on all our promises. Do I wish they (CryptoPhunks, Tendies, CryptoZunks) were more successful? Of course they were. Ultimately, the products don't match the market, but that doesn't mean they're rug."

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