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Charlie XCX confirms she pulled out of NFT festival due to backlash from fans

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I’m seeing the recurring theme of celebrities pulling out of NFT, crypto or Metaverse projects due to negative feedback from their supporters. I know it must simply come down to the lack of knowledge within the technology. 🧏🏾‍♂️

With NFTs in specific most people think they’re just glorified JPEGs of apes with no real utility or understanding of the technology.

Majority of the artists I would assume understand the tech but still have to withdraw from participating to save brand image. It’s upsetting but in the future people will see. 🌐

“I pulled out of the festival. That was my decision that I made and I didn’t feel the need to announce it or let them know or whatever — but I did pull out,” Charli told Rolling Stone UK in an interview published March 2.

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