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- Web3 on π₯ | π GameStop makes the first steps in NFT
Web3 on π₯ | π GameStop makes the first steps in NFT
GM this is Web3 on π₯ and today we're going to be your one-stop-shop for everything crypto-related you might need!
π It looks like the bad guys have struck againβ¨ Is Location-Based NFTs going to be the new trend?π GameStop makes the first steps in NFT
It looks like the bad guys have struck again
In a recent tweet, Binance CEO Changpeng CZ revealed that a sophisticated phishing campaign targeting liquidity providers (LPs) of the Uniswap v3 protocol has resulted in attackers making off with at least $4.7 million worth of Ether (ETH). However, the community is reporting the losses could be even greater.
The attack appears to have been meticulously planned, with the attackers sending malicious ERC-20 tokens to 73,399 addresses in order to steal their assets. MetaMask security researcher Harry Denley was one of the first to raise the alarm bells of the attack, telling his 13,000 Twitter followers on Monday that the scam was underway.
This is yet another reminder of the importance of being vigilant when it comes to cryptocurrency trading and managing your digital assets.
Is Location-Based NFTs going to be the new trend?
What if there was a way to link the world of blockchain with real-life experiences? This is where location-based NFTs come in.
In the attempts to make the act of collecting an NFT more exciting we have seen so many different approaches.Gamifying the minting process? Been there.Turning the whitelist process into a Discord or Twitch raffle? Done that.
By tying NFTs to physical locations, collectors can add a new dimension to their hobby. Not only do they have to search for the NFTs, but they also have to physically visit the location in order to collect them. This makes collecting NFTs a more engaging and interactive activity, while also giving collectors an excuse to get out and explore their surroundings.
GameStop makes first steps in NFT
Video-game retailer GameStop finally launched its long-awaited NFT marketplace today. The platform allows gamers, creators, collectors and other community members to buy, sell and trade NFTs, and was originally intended to launch last July. However, due to the complex nature of NFTs, the launch was delayed until now.
GameStop has been working on the marketplace for over a year, and it is one of the first major retailers to venture into the world of NFTs. In May, the company unveiled its digital asset wallet for storing, sending and receiving cryptocurrencies and NFTs. And in February, it announced a partnership with layer 2 blockchain Immutable X under which Immutable X established up to an $100 million fund in its IMX tokens for grants to creators of NFT content and technology.
So far, reaction to the marketplace has been positive, with many gamers and collectors excited to have a new place to buy and sell NFTs. only time will tell whether the platform will be successful in the long run, but GameStop is certainly leading the way when it comes to mainstream adoption of NFTs.
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