what's Pak?
Pak is a pseudonymous digital artist, programmer, and cryptocurrency enthusiast renowned for pioneering work in the NFT space. Formerly known as Murat Pak, the artist gained prominence through innovative projects that blend code, art, and blockchain technology. Pak created the AI-driven curation bot Archillect, which aggregates and shares visual content across social platforms based on user interactions. In the NFT realm, Pak's creations emphasize interactivity, scarcity, and the philosophical aspects of digital ownership, often challenging traditional art market dynamics. Pak's notable NFT works include "Merge," an experimental piece where buyers collectively contribute to form a larger artwork, resulting in one of the highest-grossing NFT sales. The artist has collaborated with platforms like Nifty Gateway, SuperRare, and Sotheby's, and launched burn.art, a system allowing users to "burn" NFTs in exchange for $ASH tokens, promoting a balanced ecosystem of creation and destruction. Pak's identity remains enigmatic, speculated to be an individual or collective, influencing the evolution of crypto art by introducing concepts like tokenized value and community-driven narratives.
Nifty Gateway is shutting down, destroying Pak NFT metadata and blockchain links.
Links
x.com/muratpakNifty Gateway is shutting down effective one month after announcement, planning to delete wallets and wipe storage, which will destroy NFT metadata and blockchain links for Pak's works sold on the platform.
The project founder is accused of executing a rug pull, allegedly swindling 9 figures (hundreds of millions of dollars) before disappearing from the crypto space.
A scam alert has been issued warning users not to interact with a suspicious drop claiming association with the project.