Latest Milady Maker News
A Remilia developer working on Bonkler allegedly compromised nearly $1 million in Remilia Corporation's generated fees while failing to take complete control of the project, according to a post from Remilia CEO Charlotte Fang.
• Main Bonkler contract and NFTs remain secure
• Bonkler's daily mint temporarily paused; will resume with v2 upgrade
• Developer also attempted social media takeover
• Legal actions are in motion against the perpetrators
A developer connected to Bonkler, a component of Remilia Corporation, executed actions that allowed him to divert nearly $1 million USD from the company’s generated fees. Although the developer made a significant dent in the company’s finances, the core components such as Bonkler's main contract, NFTs, and Remilia's reserves remain untouched.
In response, the company has paused Bonkler's daily mint temporarily. It will be resumed with the completion of the planned v2 upgrade that also brings features like Bonkler-collateralized loans and treasury deployment.
The developer didn't stop at financial harm. In a coordinated effort with two other team members, there was an attempt to hijack the company's social media accounts. They demanded a significant chunk from the treasury, including NFT reserves.
📊 By the Numbers
Remilia Coporations flagship NFT "Milady Maker" dipped briefly below 3 ETH, but has been bought back up to nearly 3.2 ETH at the time of writing.
🎤 Founder Feedback
Needless to say those who threatened the blessed kingdom of Remilia for mere financial gain will face a dramatic and just retribution without sympathy.Charlotte Fang
🔜 What's Next?
Remilia Corporation has established new official social media accounts, and the company is expected to tighten security measures. Holders should treat previous accounts as compromised and follow updates from new handles. All three accounts can be found here.
For more web3 and NFT news, visit the Lucky Trader newsfeed.
Elon Musk tweeted a meme featuing artwork from the Miladys NFT collection on Wednesday.
🧐 Wait, What?
Yep - check it out for yourself.
📊 By the Numbers
Just 15 minutes after the tweet, the meme has already garnered more than 1.1 million impressions on Twitter.
The tweet sent the Milady Maker NFT collection straight up, nearly doubling its floor price.
According to data from Blur the collection is up 90.75 percent on the day to a floor price of 6.40 ETH.
❗️Why It Matters
I'll regurgitate a line I used the last time Elon tweeted an NFT reference.
"Fundamentally there is no significance to this move, but in a market predominantly driven by attention and speculation there is perhaps no one more capable of moving markets."
🎤 Community Quotes
A snapshot was taken of all Milady Maker NFT holders on Friday afternoon. A new generative NFT drop was announced for July 11 at 5 p.m. ET. The new NFT will be free to milady holders at the time of the snapshot (which was taken as of 5:19 p.m. ET on July 8). With about 3,000 unique holders, the new NFT is expected to have a significantly lower supply count than the original collection.
The project has seen high volatility as of late, after its rave at NFT NYC made headlines rising the floor price, and scrutiny surrounding the intentions of project leaders lowered the price back down.
At the time of this writing, the Milady Maker floor price was 0.90 ETH and about 5% of the NFTs are listed for sale on OpenSea.
This time last week market participants were celebrating and rejoicing as floors were up across the board during the week of NFT NYC despite many users being away from their computers.
While there are still winners from this week, there are also a lot of losers who could not manage to keep pace with the volume and floor growth from the week prior. For more information on the real-time NFT market, refer to our project rankings page.
*All data is taken from the Lucky Trader Project Rankings page and is based on the last seven days of volume unless stated otherwise.
Despite a week that saw no project do more than 7,000 ETH in volume and many blue-chip projects take a hit in floor price, a few projects managed to muster a notable increase in volume traded.
|Project||Volume (ETH)||Volume Change||Floor Price (ETH)||Floor Price Change|
|Gutter Cat Gang||227.00||+100.88%||6.10||+22.00%|
While Moonrunners is down from its ATH floor price that fluttered around 0.80 ETH, zooming out, the project is still third in total sales volume this week and currently sits at a floor of 0.29 ETH, an increase of more than 27 percent from last week.
Much like the CryptoPunks spike earlier in June that was followed by an announcement about IP rights for Punk holders, Otherside NFTs also experienced an increase in volume and floor price prior to an announcement from Yuga Labs as "The First Trip," a tech demonstration approaches on July 16.
Arguably the biggest winner in terms of increases in metrics was Milady Maker. The project experienced more than a 1,200 percent increase in volume with its floor price increasing 300 percent in the same time span.
The last true winner in terms of heavy increases in sales and floor is Gutter Cat Gang. A lot of this volume came following a tweet from project co-founder Gutter Dan that gave an ominous message that said "$GANG WARS," perhaps speculating on the near release of $GANG, the projects upcoming utility token.
While Gutter Cat Gang is the genesis piece in the Gutter collection, the rest of the ecosystem is also up at least 18 percent in floor price following Dan's tweet.
This list could be larger but for the sake of time, we are going to keep this to bigger projects in the market.
|Project||Volume (ETH)||Volume Change||Floor Price (ETH)||Floor Price Change|
Doodles had a big week of events, headlined by its Genesis Box drop that came to a conclusion yesterday. The sale concluded with Doodles selling 20,000 NFTs for 0.508 ETH, bringing in more than $10M. With the Doodles 2 announcement at NFT NYC, the project's ecosystem experienced a huge boom in floor price in both the Doodles and Dooplicator collections. Dooplicator partially revealed but did so enough to show users that 67 percent of the supply are "Very Common" in rarity, hastening the rate at which rare lottery players cut ties with their NFTs. This lottery-type trade could be partially responsible for the floor being down from its ATH of almost 5 ETH to its current floor of 2.28 ETH.
Gossamer Seed is a new gaming project that is being built by BRON Studios. Late last week the project announced that it would be bringing on the founder of Fortnite, Epic Games, to help build out its game. Following the announcement, a boom in floor price immediately followed, and later the same day the project began partially revealing its collection. Those events were not received quite as positively, and the floor price has fallen slightly, sitting at 0.44 ETH at the time of writing.
Azuki has seen the largest decrease of projects listed in terms of volume traded, experiencing a decrease of 60 percent from the week prior. However, despite being down the most in volume on this list, it is also the project that has seen the smallest decrease in floor price as well. The project was recently under heavy scrutiny following the news that its founder Zagabond was involved with projects many users consider to be rugs. The Azuki frontman has since attempted to make amends with refunds and by refuting contract ownership. He officially revealed himself at NFT NYC and sparked new speculation about the project by wearing a jacket inscribed with "Black Jade Mahjong Club."
The final project in the list is goblintown,wtf, a free-mint project from last month that hosted a Twitter Space where users gathered to make goblin noises. The project founders recently unveiled themselves, an announcement that was promptly followed by a decrease in floor price.
Milady Maker, an NFT project that gained popularity after a supposed FBI investigation of one of its parties in Spring 2022, floor price continues to hold steady after a big run yesterday.
The project held a rave in Brooklyn last Friday and has been trending upwards since, as over the last week the project is up more than 700 percent in sales volume and currently sits at a 0.91 ETH floor, an increase of 163 percent according to the Lucky Trader Project Rankings.
While today's volume is on par with yesterday's, the project has been able to maintain its floor price uptrend as the project is slightly up today with an increase of just more than 1 percent.
Milady Maker, a project that began to heavily take off at the end of Spring 2022 before seeing its volume come to a halt after falling under scrutiny, has made a huge recovery over the last 24 hours.
The floor of the project currently sits at 0.75 ETH, an increase of more than 80 percent over the last day according to the Lucky Trader Project Rankings.
Milady's is not only up in floor price as the project has done 154 unique sales today which is an increase of more than 1000 percent in the last 24 hours on top of 95 ETH in volume, an increase of more than 2000 percent in the same time span.
Each week, the NFTy 50 provides a weekly update breaking down some of the most notable NFT projects that are ranked 50-100 in volume traded on OpenSea for the respective week. I snapshot the OpenSea rankings at noon ET on Monday and comment on any notable updates or inclusions. Did an unsuspecting project see a huge volume spike? Was there a key story line that created a significant volume change for a relatively dormant project? Anything is fair game.
Now for this week's notables...
63. Milady Maker | 450 ETH Traded | 39,998% Increase Last 7 Days
Reading this a week after Kevin, you may have suspected that Milady's recent performance was confirmation of a new meta for NFTs...perhaps something akin to "these are so bad they are good." At first glance, I believed that to be the case as Milady Maker volume spiked 39,998% over the last week. The collection started minting on August 24, 2021 - and just finally minted out over the weekend.
Ironically though, it seems some of the FOMO may be as a result of some memes and silliness from crypto and NFT Twitter. Take the following exhibit into account.
NO MORE MILADY RAVES pic.twitter.com/6nZSunnT6g— raven 🕊 (@ravenmoxon) March 12, 2022
The group, which is notorious for...uh, raves? ... can no longer host them per the cryptic letter received by @ravenmoxon.
Without seeing the inside, it's impossible to confirm the report, but Twitter ran with it anyway.
65. Gutter Cat Gang | 443 ETH Traded | 229% Increase Last 7 Days
The Gutter Cat Gang made a big splash last week when the ecosystem unveiled its Gutter Juice, a new serum designed to expand the Gutter ecosystem. The juice came in four strains, matching the species from the original Gutter ecosystems - Dog, Rat, Pigeon, and Cat. The juices can be found in a completely separate NFT collection.
The increase in trading on the genesis Gutter Cats is perhaps a nod to the continued execution by the Gutter Cat team.
To learn more about the Juice and Gutter Cat Gang ecosystem, watch the video below!
73. FVCK_CRYSTAL// | 376 ETH Traded | 175% Increase Last 7 Days
As the date approaches for eventual FVCK_AVATAR minting, CRYSTAL movement has become more active on OpenSea. Over the course of the last week, 376 ETH traded hands, representing an increase of 175% when compared to the week prior. Each holder of a FVCK_CRYSTAL will soon be eligible for minting of the avatars that correspond to the FVCKRENDER Universe, which has been rebranded to LVCIDIA.
Per consistent announcements in the FVCKRENDER Discord, the snapshot for eligibility has yet to take place but it appears to be coming soon.
78. MetaHero: Planet Tokens | 350 ETH Traded | -30% Decrease Last 7 Days
Last week MetaHero Planet Tokens finally saw the long anticipated snapshot for Mintpass 2, giving all holders who held through the snapshot the ability to claim a mintpass for future use. To learn more about Mintpass 2, refer to the linked Medium article. Unfortunately, after the snapshot, prices saw a drastic decline and volume has now dried up - showcasing a 30 percent decrease when compared to last week.
90. CyberKongz | 289 ETH Traded | -14% Decrease Last 7 Days
Despite a decrease in trading volume over the last week, the CyberKongz team has continued making headlines, announcing the arrival of their play-to-earn game "Play & Kollect." After some hiccups with the Polygon blockchain, the game finally went live early this afternoon. The game pits together crews of CyberKongz VX that adventure into the jungle in search of Kongium Ore. Entry is paid in the ecosystem's native $BANANA token, which sits around $14.46 at the time of writing - a 33 percent increase over the last 24 hours.
🚨Play & Kollect is here!— CyberKongz (@CyberKongz) March 14, 2022
Get ready to put your crews together and send your CyberKongz VX on epic adventures in search of Kongium and other treasures!🔥
Check our latest medium blogpost for all the details!