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- ๐ ๐ NFT Botters Spend $250k on Fake NFTs!
๐ ๐ NFT Botters Spend $250k on Fake NFTs!
Good evening (because it's always evening somewhere!). You're reading "To The Moon," the only newsletter watching the battle of the bots. So, let's not sacrifice any more crypto and dive into what's happening in the NFT space this April 25th.
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Bots spend $250k on Fake NFTs!
Yuga Labs Disappoints Holders by Delaying NFT Reveal
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Dark Side of The Meme ๐ - your daily dose of NFT laughter
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Bots Spend $250,000 on Fake NFTs!
It's the battle of the bots, and this time, humans win.
From AI to robots, our timeline is currently starting to resemble something out of a sci-fi movie. However, when bots tried to infiltrate one of the latest hot NFT projects 'Mad Lads', their technical prowess proved worthless against the scheming of some cunning human beings.
So what went down? Well, to put it simply, the high-profile mint of Mad Lads was targeted by users wielding bots. It's a tale as old as time - bots flood the mint program with requests to purchase an extensive amount of assets, making it impossible for genuine collectors to get their hands on an NFT.
These kinds of attacks not only stop real fans from buying in to a community, but can also cause other problems, like we have seen in the past with the take down of the Solana network.
So, on Thursday, public mint began, and Mad Lads mint received billions of requests. They pushed the mint by 24 hours and thought up a plan to protect themselves against the bots.
Come Friday, mint was reopened and a new flood of requests went through. But this time, there was a trick in place. There were two links - a legit link for minting a real NFT, and a fake link that you could only find by reverse-engineering the code. This is known as the 'honeypot' - an isolated distraction to trick botters.And it worked! the fake contract soaked up over $250,000 worth of SOL.
Though it would have been tempting to keep that cool quarter-mil, Mad Lads processed refunds on all fake NFTs hours after the mint closed.
Your move, botters.
Yuga Labs Disappoints Holders by Delaying NFT Reveal
It's sad news for those eagerly awaiting a Yuga Labs reveal. The team has pushed back the highly-anticipated 'Evo 1' reveal date with a simple tweet.
We don't know what caused the issues or why reveal has been pushed back, but we do know the updated date now reads 'May'.
This means that the entire roadmap could also be pushed back , as the Web3 game is due to launch in June.
The community had mixed reactions - while some reacted with anger, saying 'Stop putting a deadline you never hold, guys', others were a little more light hearted, saying 'Did you try up, up, down, down, let, right, left, right, B, A, Start?'
But seriously, Yuga, have you tried turning it off and on again?
Todayโs Edition is Brought to You by Exenoโs โHorses Having Hornsโ NFT Collection
Celebrate Exeno's 2nd anniversary with their exclusive NFT collection, Horses Having Horns! Exeno has developed two innovative products over the past two years: Exeno Finance, a user-friendly DeFi platform, and Screx, a physical goods store available in Binance App. To commemorate their anniversary, Exeno is offering users a chance to participate in a buyback promotion on their Exeno Finance platform.
The NFT collection has three packages - Bronze, Silver, and Gold, with prices ranging from $40 to $280 USDT in ETH. Buying any of the three packages directly from the Exeno Finance platform grants you a unique NFT, benefits - such as an EXN giveaway Screx discount code, and ExFi staking code (all coming to the user immediately!) - community access, and a chance to participate in the buyback promotion. Exeno randomly selects buyers and offers them the option to sell their NFTs back at a higher price than they purchased them for, with a chance to win up to $250K USDT!
The promotion is currently in its first milestone and has ten milestones in total, with a total rewards budget of $500,000 USDT. Bronze package owners can participate only in the final milestone, while Silver and Gold package owners can participate in all ten milestones.Don't miss out on this incredible opportunity to unlock the value of your NFT collection and participate in Exeno's celebration.
Follow Exeno's social media accounts for updates and news on the Horses Having Horns NFT collection. Buy your NFT package directly from the Exeno Finance platform to qualify for these benefits and take advantage of this fantastic celebration!
Half Moons ๐
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Shooting Star ๐
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Featured Art: Glory from my Eyes
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Dark Side of the Meme ๐
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