CryptoCointelegraphabout 1 hour ago
Fake World Assets Fuel Onchain Gacha Craze
1 min read
Fake World Assets (FWAs) turned forgotten NFTs into an onchain lottery, briefly becoming Ethereum's largest gas consumer. At its peak on July 25, FWAs generated approximately $1.53 million in daily fees. TokenWorks created FWAs, where users pay to spin for randomly selected NFTs backed by Ether.
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