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nft

Non-fungible tokens (NFTs) are digital assets based on blockchain technology that represent unique ownership and scarcity. Unlike fungible tokens (such as Bitcoin), NFTs are non-interchangeable, with each token having a unique identifier and metadata, commonly used in fields such as digital art, music, virtual real estate, and gaming items. The rise of NFTs has provided creators with new revenue streams while also sparking discussions about copyright, ownership, and market bubbles. Ethereum is the main platform for NFT transactions, supporting standards such as ERC-721 and ERC-1155.
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first_img Robin Guards: Collaborated with 200 KOLs, only sold 200 NFTs

The NFT project Robin Guards published a lengthy article titled "How Crypto Twitter KOLs Scam Projects (With Proof)" on November 2. The project claims to have collaborated with approximately 200 KOLs, totaling over 10 million followers, but ultimately sold only 200 NFTs, resulting in a conversion rate of about 0.002%. The project stated that after refusing to continue paying for related promotions, the same group of people began to label it as a scam, naming several KOLs they had previously collaborated with in the article and demanding explanations for behaviors such as purchasing fake interactions, posting in interaction groups, and disguising influence.Robin Guards stated that these KOLs initially posted positive promotions and called on their followers to participate; however, upon learning about bot posts, interaction group boosts, similar AI replies, and the sudden appearance of a large number of views without payment, they turned around and labeled the project as a scam. The project also mentioned that the account grebby began accusing it of fraud the day before, while that account itself sells fake followers and fake interaction services, and some of the named KOLs had purchased so-called smart followers and fake interactions from it. The project stated that it has attached screenshots in the article and claimed to have been in this field for 2 years, also being part of similar interaction groups.In the article, Robin Guards mentioned that these types of accounts are concerned with about $50 in rewards for each post, and real influence does not need to be purchased. The project suggested that other teams check the reach-to-view ratio, whether reply accounts are duplicated, and request actual conversion results from past activities, rather than just screenshots of views. The Robin Guards account had previously described itself as the privacy layer of Robinhood Chain, but its current profile states that it is a project that encountered fake KOLs on Crypto Twitter.

first_img Injective NFT market Talis contract was exploited, approximately 5,700 NFTs were sold

Cosmos ecosystem NFT marketplace Talis Protocol stated on October 31 on X that attackers exploited vulnerabilities in its market and auction contracts on Injective, resulting in approximately 5,700 hosted NFTs being extracted and sold into public collection bids.Talis indicated that it has suspended new listings and auctions on Injective and will return over 26,000 NFTs in the contract to their holders. As a precaution, new listings and auctions on other chains have also been suspended. Please do not buy, list, or bid on Talis until the fixes are confirmed safe; users can still cancel unexecuted bids. If listings or auctions disappear, please check your wallet.The project stated that the repaired contracts are ready and are undergoing pre-deployment review, with a timeline to be announced later. The team has recorded each affected NFT, the holders before the theft, and each transaction bid, and is formulating a plan to return the NFTs to their original holders and compensate the bidders. A list of affected NFTs will be published, and please do not purchase these NFTs in the meantime.Talis also stated that it will not request wallet connections to claim any content via private messages, and a complete post-incident explanation will be released later.RootData shows that Talis Protocol was established in 2021 and completed a $2.35 million private fundraising round in November of the same year.

first_img coinbilly: has fully acquired Invisible Friends

Coinbilly, an early team member of Invisible Friends, announced that he has fully acquired the brand, covering smart contracts, intellectual property, remaining inventory, and After Effects files. He stated that he began working with the brand five years ago and has been pushing for the acquisition for more than the past two years, involving communication with multiple lawyers. The original artist, Markus Magnusson, created the initial artwork but will not participate in the subsequent operations.According to his review, Invisible Friends consists of 5,000 invisible characters that walk in a loop, with the audience only able to see the characters' clothing or the items they hold. In November 2021, the project released a teaser, with the early team consisting of Coinbilly, James Curran, and developer Mikker. On February 23, 2022, a charity auction raised $1.3 million and was distributed to 13 charities; subsequently, the public minting floor price was set at 12 ETH, approximately $30,000 at the time, with a trading volume of about 10,000 to 15,000 ETH before the reveal. The project also collaborated with Shopify, Snapchat, Sotheby's, and Kith.Coinbilly stated that the focus moving forward will be on physical products, character animations, experimental digital content, and brand collaborations, aiming to introduce the brand to users who have never encountered NFTs. Holders will receive priority benefits, and he plans to soon launch a commemorative open version for holders for free. He also mentioned that he will answer questions on Discord and X, and will livestream an explanation on Twitch at 1 PM Eastern Time the following afternoon.

first_img The art platform NFT Limited open source RWAIX plans to pilot in the first quarter of 2027

According to PR Newswire, NFT Limited (stock code MI, formerly known as Takung Art), a company listed on the NYSE American, announced the proposed technical agreement RWAIX in Hong Kong on October 13 and released an open-source reference implementation on GitHub under the MIT license. The company operates an online trading platform for international artworks and collectibles, stating that the agreement is intended to allow buyers, sellers, AI agents, and robots to verify identities, confirm agreements, and ensure that deliveries actually occur, with the existing digital art platform intended to serve as the first real-world scenario.The company claims that internally managed test records show 50 tests passed with no failures, and it plans to launch a limited live pilot within 90 days after completing an independent security review and other conditions, targeting the first quarter of 2027. The reference implementation includes core protocol logic in Node.js, 50 automated test cases with expected outputs, schema and API documentation, as well as a browser demonstration using synthetic data. The company also stated that RWAIX has not yet been integrated into the production environment, and the related timeline may still be adjusted.The existing digital art trading platform is operated by its wholly-owned Hong Kong subsidiary, Metaverse Digital Payment Co., Limited. The pilot aims to first upgrade the consent purchase, delivery, independent verification, payment, and dispute resolution processes for an existing NFT order, using existing banking channels. CEO Yanying Wang stated that the company already has customers, orders, and payments, and plans to verify within the next 90 days whether the agreement can be used for real customer orders.
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