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

The other blockchain video game is called Project Red, which appears to have actually open-world elements motivated by games such as Grand Theft Auto and Saints Row, together with a first-person-shooter video game mode as well.The early bits of the game reveal individuals will need to buy Mobster NFTs to browse through the higher levels and engage with the play-to-earn components of the video game. Related: Japans largest airline introduces NFT marketplaceThree Arrows NFT garage sale part twoFollowing on from the first $2.5 million auction of NFTs belonging to defunct crypto hedge fund Three Arrows Capital (3AC), the 2nd round is set to take location this month. 3ACs collection of NFTs is called the Grails, and features a long list of tokens from leading jobs such as CrytoPunks, Tyler Hobbs Fidenzas and Dmitri Cherniaks Ringers.

Thank you for reading this post, don't forget to subscribe!

The Pixel Penguin alleged charity task carpet Nonfungible token (NFT) project Pixel Penguin has caused a stir this week in what a blockchain private investigator ZachXBT has alleged is a “charity job rug.” The project silently introduced in February but drew a lot of attention on May 31 following a Twitter thread from Web3 influencer Andrew Wang.

Epic Games Store to include more blockchain gamesFortnite designers Epic Games will quickly launch 2 brand-new blockchain video games on its shop, adding to the 5 already live and available to play.@Elrond_Mafias “Project Red” is a mafia-themed FPS video game with AAA graphics in a open world.Free-to-play all the way.Buying a Mobster( NFT) will level up your game.( 3/9) https://t.co/Au1ArcXh8n— MANI (@Mani_NFTz) May 27, 2023

One upcoming game is Defimons, a free-to-play Pokemon-inspired multiplayer role-playing video game with turn-based combat. The game will have an in-game currency and NFT battle monster characters bearing the very same name as the title. The Epic Games shop does not note a release date.Welcome to Defimons, Explore an ever broadening worldBattle and tame monsters ⚒ Craft items and farm cropsFree to play MMORPGCheck out our trailer and sign up with the journey! #PixelArt #Defimons #IndieDev pic.twitter.com/EYL9HWleiE— Defimons (@TheDefimons) May 8, 2023

Wang claimed his buddy Sarah– recognized online as Hopeexist1– was the developer of Pixel Penguins and said she had actually “made a collection to help herself fight cancer.” At a $13 mint cost, Wang claimed that 20% of the revenues would go to charity, while the other 80% would go to Hopeexist1s supposed cancer treatment. “Ill put my rep on the line to state this is for real amidst all the rip-offs in our space,” said Wang, including: “I speak to her art teacher typically when shes chosen treatment and he says shes the very best student hes ever had, that her talent is too valuable, that she needs to make it through.” Following this, Pixel Penguins NFTs without delay sold out, with the flooring cost shooting up from 0.0099 Ether (ETH) to around 0.0126 ETH, worth approximately $130. Nevertheless, members of the NFT community did some digging and declared that the creator had actually been benefiting from selling taken art in the past, casting doubts about the truthfulness of her cancer story. Within a couple hours, the collection offered out and began trending # 1 on OpenSea.With this much attention, people began to dig much deeper into who this person actually was.Turns out, they had actually been offering stolen art and even lying about having cancer.( 3/6) pic.twitter.com/l8rbIcaiti— Arcanic (@ArcanicNFT) May 31, 2023

The flooring price of the NFTs has actually because plunged to 0.004 ETH, or $7. Today @andr3w supported a charity job rug by @hopeexist1 somebody supposedly fighting cancer causing the project to mint out.

Other Nifty NewsSome of the most in-demand NFTs collections of 2022 have taken an enormous hit in value over the past year, with Investments in leading projects such as Doodles, Invisible Friends, Moonbirds and Goblintown all losing up to 95% of their value in ETH. On May 31, Web3 wallet-as-a-service provider Magic revealed that it had actually effectively raised $52 million in a tactical financing round led by PayPal Ventures. The financing round also saw participation from endeavor firms Cherubic, Synchrony, KX, Northzone and Volt Capital, bringing Magics overall funds raised to over $80 million.Magazine: NFT Creator, 0xDEAFBEEF: Mad scientists NFTs degrade when theyre traded

The Pixel Penguin declared charity project rug Nonfungible token (NFT) project Pixel Penguin has caused a stir this week in what a blockchain investigator ZachXBT has declared is a “charity project rug. The other blockchain video game is called Project Red, which appears to have open-world components influenced by video games such as Grand Theft Auto and Saints Row, along with a first-person-shooter game mode as well.The early snippets of the game expose people will need to buy Mobster NFTs to navigate through the higher levels and engage with the play-to-earn elements of the game. Related: Japans biggest airline launches NFT marketplaceThree Arrows NFT garage sale part twoFollowing on from the first $2.5 million auction of NFTs belonging to defunct crypto hedge fund Three Arrows Capital (3AC), the second round is set to take place this month. 3ACs collection of NFTs is dubbed the Grails, and includes a long list of tokens from leading tasks such as CrytoPunks, Tyler Hobbs Fidenzas and Dmitri Cherniaks Ringers. The financing round also saw participation from endeavor firms Cherubic, Synchrony, KX, Northzone and Volt Capital, bringing Magics total funds raised to over $80 million.Magazine: NFT Creator, 0xDEAFBEEF: Mad scientists NFTs deteriorate when theyre traded