Welcome to gm NFTs, the most streamlined way to stay up-to-date on the NFT space each day. The top news for Apr. 6 includes the Akuma Origins Reveal, VSP Gas War Recap, and Sandbox Updates.
Akuma Origins Reveal
Akuma Origins, which originally minted for 0.055 ETH on March 31, is set to reveal today.
Late last night, rumors of a metadata leak began circulating on Twitter, ultimately calling for a response from the team.
Over the last week, Akuma Origins has accumulated roughly 5,200 ETH in secondary volume traded on OpenSea.
Akuma Origins floor price is currently 1.55 ETH on the morning of reveal.
Rumours and whispers going around the Realm that our Meta Data has been leaked due to the recent offers. However, this rumour is false. All meta data is currently stored on a local harddrive and is almost ready to be uploaded to IPFS. 🎋— AKUMA Origins (@AkumaOrigins) April 6, 2022
Be ready for reveal day with Lucky Trader Rarity and Asset Rankings!
VSP Gas War Recap
Yesterday, the release of VaynerSports Pass took the Ethereum mainnet by storm, sending gas upwards of 3,000 gwei.
The collection sold out its 15,555-edition in less than 40 minutes today.
AJ Vaynerchuk and team experienced massive gas war issues as investors looked to snag multiple passes. The passes are expected to provide unrivaled "access to athletes" and sports NFT drops.
The project sucked up an abhorrent amount ETH in failed transactions, and even though seasoned NFT investors/holders are not new to gas wars, it causes extreme ecosystem shock each time.
People took to Twitter to publicly call out the project and the recurring gas war issue.
A total of 7652.06 $ETH ($26,364,407.52) was spent just on gas for failed/successful transactions on the VaynerSports mint.— cr0ss.eth (@cr0ssETH) April 5, 2022
A total of 2411.025 $ETH ($8,249,731.91) was made from the sale.
Think about that.
The Sandbox Game Funding Updates
Yesterday, NFT gaming and metaverse company Sandbox announced it is looking at another potential funding round by the end of this fiscal year.
Sandbox originally raised $93M last year from investors, led by Softbank’s Vision Fund 2 (Bloomberg).
Chief Operating Officer Sebastien Borget explained that the company looks to ramp up new hires and acquisitions, expanding the firm from its current roster of roughly 200 employees.
No further details were released on acquisition targets or potential executive hires.
Stay up to date with all the news via Lucky Trader News on Twitter.