The debate over collectible digital artwork continues, and more and more major corporations are entering the NFT market with their own versions of collectible digital artwork. Extra incentives are provided by companies such as Hasbro and Ubisoft in the form of physical toys and in-game cosmetics, respectively.
The sale of NFTs can be considered relatively harmless in the grand scheme of things, but the lines become blurred when it comes to the inclusion of specific artwork. This type of activity, whether it is the creation of NFTs using stolen artwork or the use of low-effort JPEGs, more often than not serves to fuel the anti-NFT movement.
A boiling point was reached when the official Stan Lee Twitter account announced the release of a brand-new NFT based on the comic book legend’s first Indian superhero, Chakra The Invincible.
The NFT was set to go on sale from December 27 to December 29, with the introduction stating that the late Stan Lee would have been a champion for emerging technologies and being “one step ahead of the curve.”
“Chakra The Invincible” was an animated superhero film created by Stan Lee that first aired on Cartoon Network in 2013. For those unfamiliar with the series, it was created by Stan Lee and released in 2013. The story revolves around Raju Rai, a super-hero who battles super-villains in Mumbai while wearing a suit that allows him to weaponize his chakras.
While Raju Rai is a relatively unknown superhero, Stan Lee fans on Twitter were outraged that the late writer’s estate would use his intellectual property to sell NFTs. This single tweet received more than 20,000 quote retweets, with the majority of them expressing dissatisfaction with the outcome.
Online influencers such as streamers Jacksepticeye and RubberRoss have spoken out against this decision, stating that it is terrible. As a result, the official Twitter account for Dictionary.com referred to the action as “defiling.”
So far, there is no indication that the online outcry will have any impact on the sale of this NFT product.