Weekly Highlights May - 05/31/22
Weekly Highlights From May - 05/31/22
As we head into the final days of May, we bring you highlights in the NFT world from the last week. As NFT prices cool down, it might be time for people to enjoy the real NFT arts. Why? The price decline could finally see off those in it for the hype and leave the actual NFT enthusiasts and NFT art lovers.
It also looks like it was all about new NFT projects launched by notable brands and names this past week. Here are some highlights that point in that direction.
eBay Joins the NFT Geng
eBay, a giant in the eCommerce sector, takes a giant leap into NFTs as it launches its NFT collection targeted at non-crypto mainstream buyers. The NFT collection, which is eBay's first foray into NFT, is done in collaboration with the National Hockey League Legend in the person of Mr. Wayne Gretzky.
The NFT is an animation of Gretzky-inspired Sports Illustrated magazine covers. The digital images are available in four rarity levels: green (the most common), gold, platinum, and diamond (the rarest) editions. Remarkably the limited edition of the top three rarity tiers has already sold out.
Popular Netflix Animation Show Wants You to Hunt for NFT
The famous Netflix animation Love, Death + Robots is back for season three, and it seems the series has a package to deliver to its fans and viewers. It has been announced that there will be an NFT scavenger hunt during season three of the series.
The show's official account tweeted that the NFT collection will consist of 9 artworks linked to 9 QR codes. The NFT collection is called Love, Death + Arts. The NFT art will reportedly be spread across the physical and digital world.
Collectors need to find the QR codes and scan them to unlock the art.
Hacking Back an NFT Hacker
Hacking and stealing digital assets is no longer news in the crypto and NFT world. However, one that surely catches the eye is the news of how an NFT community came together to trick a hacker that hacked and stole NFTs from the community.
That is what happened when the Solana community came together to play a scammer with his own trick to recover hacked NFTs.
The malfeasant hacked the Uncharted NFT Discord channel and was able to get away with over 150 SOLs and 25 NFTs (World of Solana). The World of Solana team quickly reached out to their development partner “Cyberfrog”, who increased royalties of the NFTs that were hacked from 5% to 98%.
The Solana community was asked to be on the lookout for the stolen NFTs on MagicEden Solana’s NFT marketplace. Sure enough, the hacker fell for the trick in just two days, and the community was able to get back 15 NFTs and sniped the remaining 10, thereby returning the World of Solana NFTs to its owner.
What certainly caught the eye this past week is the news of tricking a scammer into getting back stolen NFTs. Information about wins like this is refreshing to share in the NFT space. Apart from that, it seems the relentless pursuit of crypto regulation in China looks set to phase users of the hit NFT Stepn base in China.
Furthermore, we see more and more new NFT projects launching, which portends well for the NFT industry, as it will undoubtedly keep the excitement and interest going.
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