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The Pirate of OpenSea

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Sushi’s September Drama

Weekly Recap By Crypto Gucci #53

There was no shortage of stories, with HEX supporters suing CMC, Google announcing a multi-year partnership to scale Flow blockchain, and the usual doses of drama from SushiSwap. But nothing could top the juicy OpenSea scandal.

The Pirate Of OpenSea 🏴‍☠️ 

Winston Wolf of web3 art & design + anything else. I solve problems.

Issue #53 was published on Sunday, September 19, 2021, week 37 of the year. The issue came in hot with the OpenSea drama! The scandalous cover was created by Dudly. 

There was no shortage of stories, with HEX supporters suing CMC, Google announcing a multi-year partnership to scale Flow blockchain, and the usual doses of drama from SushiSwap. But nothing could top the juicy OpenSea scandal.

The reveal was dramatic, to say the least. OS released a public statement admitting the scandal, after Twitter’s best Hercule Poirots brought the suspicious transactions to light. It was discovered that Nate Chastain had been buying and selling NFTs based on advance information he acquired in his position as the head of product at OpenSea. This BTS activity sent waves through the community and instantly sparked the cover for issue #53. Aye! 

We brought our guns out to cover the scandal! 
The artwork depicts a pirate captain’s cabin in the open sea, decked with all the looks and sounds of a rusty old ship, and a macaw that clearly supports insider trading. The captain is seen slumped, sleeping in his chair, leaving the treasure map sprawled and unguarded on his table. Of course, our onlooker here and junior crewmate played by the talented Nate Chastain has spotted it and it now has his interest. 

The content of the treasure map is quickly scanned by Nate for future references while the ship continues to sail unknowing of the mishap that has taken place on the inside. 
In the background, you can spot the frog CrypToadz by Gremplin, HEX logo, miso soup on the left of the table, and chips with Google and Flow logos on the right in reference to the other articles from the issue.
Even though the event put NFTs in a bad light, being tagged as a nascent industry, it has overgrown and moved on to greener pastures.

The ArtDrop for issue #53 was “The Girl with Blue Stripes” by the artist Marina Troino, whose works are inspired by people, music, feelings, and solitary moments.


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#53

The Pirate Of OpenSea 🏴‍☠️