Today I sold my V2 punk to purchase more V1s. It's becoming clear that the V1/V2 punk argument rests solely on the latter group's ability to brand themselves as "real" through their social network. If the story of the flawed V1 contract were to play out today, duplicating and then airdropping the new collection would be an unacceptable solution. This made all punks 1 of 2s, with V1 punks as the “first editions” of these assets. In all other collectible classes, the earlier editions of something are more sought after. This is also generally true of the scarcer misprint variants of assets - there are far fewer V1s still in circulation. The solution was accepted at the time of the V1 exploit because there were minimal options with which to view onchain assets - what Larva Labs platformed was what everyone got to interact with. With the introduction of third party marketplaces and the V1 wrapping contract, this ceased to be the case. Very few people in the community back in the day had enough foresight to realise that all LL had done was sweep the originals under the rug. The narrative that V2s are in some way superior is defended largely by the snobbish type of collector who judges art only by its price, and has an emotional attachment to the status that owning this asset gives them. They see attempts to discuss the onchain truth of the story as an attack on their gated social group and the sunk cost of their investment. This is ignorance of the provenance uniquely available through the blockchain, and an elitist rejection of another community as a way of preserving capital; they are neither ‘crypto’ nor ‘punk’. Any newcomer to onchain collecting, being exposed to the publicly verifiable and immutable information available surrounding these collections, would judge V1s - at less than 10% the price of the V2s - as the more grounded choice. There are a handful of common counterarguments. V1s are unable to use their original in-contract marketplace because of the exploit, but this experience has been abstracted into existence. The chains of ownership are different as they fork after the V2 airdrop, meaning they have different social networks, but V1s have a nascent community capturing the more historically minded. V1s do not receive the same IP rights as V2s, although onchain PfP IP has proven to be rarely utilized. There are 20,000 punks. The V1 punks are the original cryptopunks that were claimed on June 9th, 2017. The later V2 punks have the backing of their creators and are more well known, benefitting disproportionately from this publicity. This is a fascinating case of art undergoing a literal schism - one collection to serve the will of the artist, and the other becoming inseparable from its foundations, the machine it was built to showcase. This machine will outlive us, and with it, the story of how a failure of imagination led to the burying of the truth of its icons.

Remember when people were saying this was going to be a serious project? Down 96.5% from all time high

What is your marketing experience?

There is one project that was supposed to become the "Marketing layer" for Ethereum This project received 100 ETH from Vitalik The founder has since left, the website is offline, accounts are inactive since April and we have no idea where the money went Let's talk about @2077Collective When it first launched, I was pleased to see that marketing efforts were still supported by Vitalik, that finally we would get some interesting content about ETH, that something would change I reached out to the founder and never heard back. I wanted to see what we could do with them, how we could help out. So i tagged them on twitter, reached out via Discord, but it led nowhere I thought that it was okay as long as their efforts paid off. After all with OAK Research, we were still a small research outlet as we were just starting. I thought we were not big enough for them to care. A few months later, after no communication from their founder, I decided to check what kind of efforts were promoted. Their account was constantly reposting memes, some bs retweets and nothing meaningful that really contributed to the "Ethereum marketing". Then I checked their discord and oh boy was it a disaster. The videos they were promoting and i believe were paying people for, generated *65 cumulative views* in a few months on Youtube. And a few K on twitter. Much wow. So I called them out and asked where the funds were going. Their response was "We haven’t created reports for that yet but can pass the feedback along to the team." wdym you are responding with the official account on twitter, you are the team mf Anyways, I didn't have time to continue begging them for these reports so I kinda left that be and moved on. A few weeks later, their so called founder Emmanuel posted a long tweet to explain that he was dealing with some "mental issues" and basically that he was leaving the project. Never heard from him since, never saw where the money went. Great. You would assume for a project that received the support from the founder of Ethereum himself, they would find either someone to replace him, or at least provide transparency regarding their funding. Guess what? We still have no clue where the money went. We still don't know how much of it is left or if there is any. So here's a formal request to all the people who took part in this project. Let us know what is left in the "treasury" of the project. If there is anything left, I will personally help you select research outlets, KOLs, marketers, video producers, whatever, to better allocate this money. I don't even care if OAK Research perceives any allocation to produce reports. I just don't want to leave these funds in the hands of @eawosikaa. We can take care of allocating these funds and providing complete transparency: where it went, how it was allocated, @cobie can escrow it until we find something to do with what's left, for what I care. We can help emergent creators, research outlets, relevant people in the ecosystem, other initiatives by just not being complacent and leaving whatever's left of the 100 ETH. Another idea would be to just giving them to @GolemFoundation to stake them forever so they can power @OctantApp and their initiatives. Don't tell me you've spent over 300K in less than a year while not doing any marketing whatsoever. Anyways, my dms are open

Ethereum Foundation offloads $12.7 million worth of ETH amid price momentum: onchain analyst theblock.co/post/366689/ethe…

"Get rich quick" is not sustainable If that's your foundation, what you're building is a house of cards Yes, ETH has been one of the best performing assets in the world over the last decade But ethereum's foundation is being built on openness, reliability, and accessibility

Happy to come on and share my perspective because I think its been largely misunderstood!

Announcing the Ethereum Foundation Treasury Policy blog.ethereum.org/2025/06/04…