December 18, 2024

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Pixel Penguin accused of ‘charity rug,’ Epic provides new NFT video games and extra

Pixel Penguin accused of ‘charity rug,’ Epic adds new NFT games and more

The Pixel Penguin alleged ‘charity project rug’

Nonfungible token (NFT) challenge Pixel Penguin has induced a stir this week in what a blockchain investigator ZachXBT has alleged is a “charity project rug.”

The challenge quietly launched in February however drew quite a lot of consideration on Might 31 following a Twitter thread from Web3 influencer Andrew Wang.

Wang claimed his buddy Sarah — identified on-line as Hopeexist1 — was the creator of Pixel Penguins and stated she had “made a collection to help herself battle cancer.”

At a $13 mint value, Wang claimed that 20% of the earnings would go to charity, whereas the opposite 80% would go to Hopeexist1’s supposed most cancers remedy.

“I’ll put my rep on the line to say this is for real amidst all the scams in our space,” stated Wang, including: “I speak with her art teacher often when she’s gone for treatment and he says she’s the best student he’s ever had, that her talent is too precious, that she must survive.”

Following this, Pixel Penguins NFTs promptly bought out, with the ground value capturing up from 0.0099 Ether (ETH) to round 0.0126 ETH, price roughly $130. Nevertheless, members of the NFT group did some digging and alleged that the creator had been taking advantage of promoting stolen artwork previously, casting doubts concerning the truthfulness of her most cancers story.

ZachXBT then discovered the Pixel Penguin sensible contract containing greater than $117,000 price of ETH and adopted the funds as they had been siphoned to 2 new pockets addresses.

Within the aftermath, Hopeexist1 deleted their Twitter account. The ground value of the NFTs has since plummeted to 0.004 ETH, or $7.

Epic Video games Retailer so as to add extra blockchain video games

Fortnite builders Epic Video games will quickly launch two new blockchain video games on its retailer, including to the 5 already dwell and out there to play.

One upcoming recreation is Defimons, a free-to-play Pokemon-inspired multiplayer role-playing recreation with turn-based fight.

The sport could have an in-game foreign money and NFT battle monster characters bearing the identical title because the title. The Epic Video games retailer doesn’t checklist a launch date.

The opposite blockchain recreation is named Venture Pink, which seems to have open-world components impressed by video games reminiscent of Grand Theft Auto and Saints Row, alongside a first-person-shooter recreation mode as properly.

The early snippets of the sport reveal individuals might want to purchase Mobster NFTs to navigate by way of the upper ranges and have interaction with the play-to-earn components of the sport.

Epic Video games initially listed Blankos Block Social gathering as the primary Web3 recreation on its retailer in September 2022, and whereas a majority of these video games nonetheless receive sturdy skepticism from many conventional avid gamers, the agency isn’t backing away from this space.

Epic Video games lately indicated to Axios in March that it plans so as to add roughly 20 new blockchain video games all through 2023 and early 2024.

Associated: Japan’s largest airline launches NFT marketplace

Three Arrows NFT storage sale half two

Following the primary $2.5 million auction of NFTs belonging to defunct crypto hedge fund Three Arrows Capital (3AC), the second spherical is about to happen this month.

The NFT assortment is dubbed the Grails and contains a lengthy checklist of tokens from high tasks reminiscent of CryptoPunks, Tyler Hobbs’ Fidenzas, and Dmitri Cherniak’s Ringers.

Within the second spherical set for June 15, Sotheby’s will public sale off 37 of 3AC’s NFTs in what it describes because the “largest ever dwell public sale of digital artwork.“

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