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  • 🚀 🚀What The FUD Is Wrong With Azuki?

🚀 🚀What The FUD Is Wrong With Azuki?

Good evening (because it's always evening somewhere!). You're reading "To The Moon," it’s Thursday and we’re trying to look past all the copium until this weekend. Let’s learn how users lost $1.2 million, marketplace movements, the secret metaverse frenzy, and more!

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  • What The FUD Is Wrong With Azuki?

  • How To Steal $1.2 Million via Polygon: A Phishers Paradise

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What The FUD Is Wrong With Azuki?

Azuki’s Dethroning: How NOT to sell out! During the Elementals presale, all 10,000 Azuki NFTs sold, earning Azuki an impressive $38 million in just 15 minutes. However, it was only after the reveal that a lot of issues and controversy started propping up.

If you were on NFT Twitter yesterday, you already know the ruckus this mint caused!

Azuki's new PFP collection featured 10,000 NFTs sold through a Dutch auction, with each starting at 2 ETH ($3,800). Existing Azuki NFT holders received 10,000 airdropped Elementals NFTs before the sale.

Despite this success, Azuki and BEANZ holders faced challenges and were unable to mint Azuki Elementals NFTs, leading to falling prices.

POV: You Just Saw Your Azuki “Elemental” Get “Revealed” & You “Love” The “Artwork”.

In response, Azuki admitted to underestimating the time required and acknowledged the need for better communication.

In just 3 days post-mint, the NFT collection has seen tremendous downturns:

  • Azuki Genesis collection is down -40% from 15 eth to 8.9 eth.

  • Azuki Beanz are down -50% (1.27 ETH to .619 ETH).

  • Azuki Elementals down -25% from mint price.

The community calls for transparency and caution against deceptive tactics and potential harm. There’s a ton of FUD going around, and controversy popping up, a lot of copium too, but Azuki has responded and asks its community to stay strong during these times. They have also teased another “game-changer” with Azuki Elementals and green beanz.

How To Steal $1.2 Million via Polygon: A Phishers Paradise

Hundreds of users on the Polygon network have fallen victim to an NFT airdrop phishing scam, resulting in losses exceeding $1.2 million. 

Scam Sniffer, an anti-scam crypto service, discovered approximately 1,354 fraudulent NFTs on Polygon mimicking airdrops from projects like ApeCoin, Polygon, and Uniswap.

Victims were enticed to visit Inferno Drainer-associated websites, responsible for $13 million in recent scams. The scammers transferred the NFTs to 530,000 wallets, causing 329 victims to lose a combined $1.25 million. 

When users interacted with the NFTs, they were directed to fake websites, unwittingly sharing their credentials during the airdrop process.

your bank account after 0.1 seconds on the phishing site

The gas usage for airdropping was suspiciously low at $17,827, highlighting the need for improved security measures and vigilance in the crypto community.

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Shooting Star 🌠

A 2D digital illustration artist and co-founder of Captain's Chain Reborn. A Military Style Generative PFP collection.

Follow on Twitter @honnns_ and @CaptainsChain to learn more.

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