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Khabib Defends His NFT Launch After McGregor’s Criticism

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On November 26, Conor McGregor criticized Khabib Nurmagomedov’s non-fungible token (NFT) launch, which featured variations of the Dagestani “papakha” hat.

McGregor accused Nurmagomedov of utilizing cultural heritage and his late father’s picture to revenue from digital collectibles.

He claimed that after the paid drop was promoted by way of Telegram, all associated content material was erased.

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Nurmagomedov dismissed McGregor’s remarks, describing the NFT assortment as a optimistic tribute and a digital collectible with neighborhood worth relatively than a speculative asset. He added:

Items within the form of Papakha, a hat that symbolizes the traditions and tradition of the Dagestan folks. Traditions and tradition which can be slowly strolling over this world, whether or not you prefer it or not!

After McGregor’s feedback went viral, blockchain analyst ZachXBT highlighted the same sample in McGregor’s crypto historical past.

He acknowledged in a put up on X, “There may be simply no approach good man McGregor used his status, in addition to Irish tradition, to rip-off his followers and hearth promote a bunch of digital tokens on-line after which delete the entire posts after they have been offered, leaving his followers robbed of their cash?”

In April, McGregor’s celebrity-endorsed cryptocurrency, REAL, failed to fulfill expectations.

The mission, distributed by way of a sealed-bid public sale that additionally promoted staking, achieved solely about 39% of its supposed purpose earlier than ultimately being canceled and refunded to contributors.

In the meantime, Coinbase not too long ago spent $25 million to purchase and burn an NFT that triggers the return of the UpOnly crypto podcast. What did Jordan Fish, one of many authentic hosts, say? Learn the total story.



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Tags: CriticismDefendsKhabiblaunchMcGregorsNFT
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