2 years ago
The Pixel Penguin alleged ‘charity task rug’
Nonfungible-token (NFT) task Pixel Penguin has caused a disturbance this week successful what a blockchain researcher ZachXBT has alleged is simply a “charity task rug.”
The task softly launched successful February, but drew a batch of attraction connected May 31 pursuing a Twitter thread from Web3 influencer Andrew Wang.
I woke up contiguous to spot 1 of my friends trending connected twitter, @Hopeexist1. she made a postulation to assistance herself conflict crab and immoderate awesome web3 radical spotlighted her today, truthful i'd similar to adhd to it pic.twitter.com/Fr5Mcu26eR
— andrew wang (@andr3w) May 30, 2023Wang claimed his person Sarah, known arsenic Hopeexist1 online, was the creator of Pixel Penguins, and noted that she had “made a postulation to assistance herself conflict cancer.”
At a $13 mint price, Wang claimed that 20% of the profits would spell to charity, portion the different 80% would spell to Hopeexist1’s expected crab treatment.
“I'll enactment my rep connected the enactment to accidental this is for existent amidst each the scams successful our space,” said Wang, adding:“I talk with her creation teacher often erstwhile she's gone for attraction and helium says she's the champion pupil he's ever had, that her endowment is excessively precious, that she indispensable survive.”
Following this, Pixel Penguins NFTs promptly sold out, with the level terms shooting up from 0.0099 Ether (ETH) to astir 0.0126 ETH worthy astir $130.However, members of the NFT assemblage past did immoderate digging and alleged that the creator had been profiting from selling stolen creation successful the past, and was perchance lying astir having cancer.
Within a mates hours, the postulation sold retired and began trending #1 connected OpenSea.
With this overmuch attention, radical started to excavation deeper into who this idiosyncratic really was.
Turns out, they had been selling stolen creation and adjacent lying astir having cancer.
ZachXBT past recovered the Pixel Penguin astute declaration containing much than $117,000 worthy of ETH, and followed that funds arsenic it was siphoned disconnected to 2 caller wallet addresses.
In the aftermath, Hopeexist1 past deleted their Twitter relationship and went AWOL. The level terms of the NFTs has since plummeted to 0.004 ETH, oregon $7.
Today @andr3w supported a foundation task rug by @hopeexist1 idiosyncratic supposedly battling crab causing the task to mint out.
“I’ll enactment my rep connected the enactment to accidental this is for existent amidst each the scams successful our space”
It turns retired she stole the creation and deactivated her account. pic.twitter.com/q4HivGBLMY
Epic Games Store to adhd much blockchain games
Fortnite developers Epic Games volition soon merchandise 2 caller blockchain-games connected its store, adding to the 5 that are already up and disposable to play.
@Elrond_Mafia's "Project Red" is simply a mafia-themed FPS crippled with AAA graphics successful a unfastened world.
Free-to-play each the way.
Buying a Mobster(NFT) volition level up your game.
One of the upcoming games is called Defimons, a free-to-play Pokemon-inspired multiplayer RPG with turn-based combat.
The crippled volition person an in-game currency and NFT conflict monster characters bearing the aforesaid sanction arsenic the title. The Epic Games Store doesn’t database a merchandise date.
— Defimons (@TheDefimons) May 8, 2023The different blockchain crippled is called Project Red, which appears to person open-world elements inspired by games specified arsenic Grand Theft Auto and Saints Row, alongside a first-person-shooter crippled mode arsenic well.
The aboriginal snippets of the crippled uncover radical volition request to bargain Mobster NFTs to navigate done the higher levels and prosecute with the play-to-earn elements of the game.
Epic Games initially listed Blankos Block Party arsenic the archetypal Web3 crippled connected its store backmost successful September 2022, and portion these types of games inactive receive beardown scepticism from galore accepted gamers, the steadfast isn’t backing distant from this space.
Epic Games precocious indicated to Axios successful March that it plans to adhd astir 20 caller blockchain games implicit the people of 2023 and aboriginal 2024.
Related: Japan’s largest hose launches NFT marketplace
Three Arrows NFT store merchantability portion two
Following connected from the archetypal $2.5 cardinal auction of NFTs belonging to defunct crypto hedge money Three Arrows Capital (3AC), the 2nd circular is acceptable to instrumentality spot this month.
3AC’s postulation of NFTs is dubbed the Grails, and features a agelong database of tokens from apical projects specified arsenic CrytoPunks, Tyler Hobbs’ Fidenzas and Dmitri Cherniak’s Ringers.
In the 2nd circular acceptable for June 15, Sotheby’s volition auction disconnected 37 of 3AC’s NFTs successful what it describes arsenic the "largest ever unrecorded auction of integer art."
NFTs sold successful auction portion one. Source: Sotheby'sKellogg’s sifts into the Metaverse
Kellogg’s has reportedly filed for a agelong database of trademarks for a fig of its nutrient brands relating to the Metaverse, NFTs, collectibles and crypto tokens.
Some of the brands see Froot Loops, Frosted Flakes, Special K and Pop-Tarts.
According to United States Patent and Trademark Office licensed trademark attorney Mike Kondoudis, the steadfast has indicated an involvement successful launching thing from NFT avatars to crypto collectibles, virtual environments and VR-gaming revolving astir crypto.
— Mike Kondoudis (@KondoudisLaw) May 30, 2023Other Nifty News
Some of the astir sought-after NFTs collections of 2022 person taken a monolithic hit successful worth implicit the past year, with Investments successful apical projects specified arsenic Doodles, Invisible Friends, Moonbirds and Goblintown each losing up to 95% of their worth successful ETH.
On May 31, Web3 wallet-as-a-service supplier Magic announced that it had successfully raised $52 cardinal successful a strategical backing round led by PayPal Ventures. The backing circular besides saw information from task firms Cherubic, Synchrony, KX, Northzone and Volt Capital, bringing Magic’s full funds raised to implicit $80 million.
Magazine: NFT Creator, 0xDEAFBEEF: Mad scientist’s NFTs degrade erstwhile they’re traded
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