Latest The Saudis News

The Saudis opened the claim for its on-chain "Act II: The Oil-Rig" according to a recent tweet.

Holders of The Saudis NFT are able to claim their rig on the official mint site.

Each rig is set to generate one gallon of oil every two minutes with the accumulation being tracked on the token itself.

Whenever The Saudis NFT tied to the rig is sold, the ammount of oil on the rig will be reset to zero.

While there are no clear details on what the oil will be used for, the team did state "a great treasure awaits those who accumalte barrels."

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Total Volume (6 Hours)*

• CryptoPunks (763 ETH, 77.95 ETH Floor Price)
• Otherdeeds (451 ETH, 2.77 ETH Floor Price)
• Mutant Ape Yacht Club (120 ETH, 19.48 ETH Floor Price)
• The Saudis (120 ETH, 0.68 ETH Floor Price)
• Terraforms by Mathcastles (119 ETH, 1.01 ETH Floor Price)

Floor Price Increase (6 Hours, 0.25 ETH Min.)*

• entretiempos by Marcelo Soria-Rodriguez (50%, 1.35 ETH Floor Price)
• Terraforms by Mathcastles (16%, 1.01 ETH Floor Price)
• Killa Bears (15%, 1.95 ETH Floor Price)
• Mooncats (14%, 0.40 ETH Floor Price)
• BYOPills (14%, 0.38 ETH Floor Price)

Floor Price Decrease (6 Hours, 0.25 ETH Min.)*

• The Saudis (-31%, 0.68 ETH Floor Price)
• Anata (-15%, 0.99 ETH Floor Price)
• Running Moon by Licia He (-10%, 3.50 ETH Floor Price)
• Nina's Super Cool World (-10%, 0.59 ETH Floor Price)
• God Hates NFTees (-9%, 0.69 ETH Floor Price)

For all volume and floor price data, see Lucky Trader's Project Rankings page.

For all NFT news, see Lucky Trader's NFT News page.

*data retrieved at 9:40 p.m. ET.

Yesterday, The Saudis claimed a "hacker" was manipulating the floor price of the project and blocked the users ability to sell their NFTs.

The project has since acquired those NFTs and is using PREMINT to give them away to users.

This has seemingly caused scammers to try and take advantage of hopeful giveaway winners.

The scammers have been tagging users in tweets that claim they were selected to receive their free NFT and then prompt them to go to a fake site that will then drain their assets upon approval. 

Users who signed up for the giveaway on PREMINT should ignore any tweets claiming they won and only use the link to the official giveaway to validate if they were selected. 

The Saudis, a recent free mint project, announced that it will block 217 of its NFTs from being sold on OpenSea and other NFT marketplaces in a recent tweet.

The project accused OpenSea user Rightblock of being a "hacker" and while details of how are unknown, blocked them from selling their NFTs.

However, Rightblock was still able to list the NFTs they could not sell which resulted in the floor price of the collection dropping. 

When this happened the team went as far as to post a Discord announcement saying "the floor price is not reflective of the actual floor price."

Rightblock still owns more than 100 of the NFTs but currently has none of them listed with their last attempt to list being over 30 minutes ago at a price of 0.0 ETH.

The team stated that it will be updating users of the situation shortly.