NiftyNoon: Is There the Secret Bot Network Behind NFT’s Hottest Projects?

Accusations of coordinated Twitter botting from notable projects such as Memeland, Keungz, and PXN have taken over NFT Twitter (February 2, 2023)

Nifty Thought

• The recent revelations surrounding a supposed NFT twitter bot network are unsurprising. It is apparent to anyone paying attention that the statistics for many high profile NFT social media accounts are quite inflated. However, the accusation that this is a highly coordinated bot network to mislead the public is much harder to prove. While this may be the case, it is very difficult to prove intent and most of the accused bad actors still have plausible deniability. However, there are clearly guilty parties within this fiasco: supposed gurus selling marketing services that are really bot networks. This is something that is indisputably occurring within the NFT space. This must be cleaned up.

Project News

• Anonymous project founder accuses major NFT projects such as Keungz, YogaPetz, Memeland, and PXN of coordinating a Twitter botnet to mislead the public with inflated numbers:

Little Shapes NFT (Ballz Venture 1) @LittleShapesNFT

Thanks for participating everyone - Little Shapes was a social experiment by @BALLZNFT_ The exposé was real though. Here’s how a ring of influencers and founders drained $200,000,000+ out of the ecosystem over 274 projects: gold-cal-45.tiiny.site (158 Pages)

• Memeland announces reduction of royalties from 9% to 3.33%:

  Memeland (3.33%) @Memeland

  3.33%

• Cool Cats introduce The Cool Score and airdrops new Cool Cats fragment NFT to current holders in an attempt to expand the Cool Cats ecosystem:

  Cool Cats @coolcats

  Introducing… The Cool Score! Your Cool Score is a dynamic score that includes your NFT holdings and interactions within the Cool Cats ecosystem, allowing us to reward you for your engagement. Learn more: coolcatsnft.com/news/post/intr…

  TGK • The Good Knight 🌟 @ThGoodKnight

  Q: Why did I only get 1 Fracture when I hold more than 1 Cat/Pet? A: Fractures are 1 per wallet holding Cats/Pets. If you have multiple Cats/Pets though, your Cool Score ensures a higher rarity PFP. It also ensures there aren't 30k PFPs in this new collection. Thoughts?

  

• Coinbase clarifies they are not shutting down the Coinbase NFT marketplace, as initially believed by some individual artists:

  Coinbase NFT @Coinbase_NFT

  We recently shared that we are pausing creator Drops on the NFT marketplace to focus on other features and tools that creators have asked for. To be clear: We are not shutting down the Coinbase NFT marketplace.

  Jessica Yatrofsky ✡️ @jyatrofsky

  Re: Coinbase NFT, please share & retweet 🙏🏼

  

• Budweiser hints potential upcoming drop inspired by the popular Checks NFTs:

  Budweiser @budweiserusa

  This Bud's For You. Check.

  

Community News

• Memeland praised for royalties reduction:

  KBB 🏴‍☠️👑 @KingBlackBored

  Flowers to @9gagceo for lowering @Memeland royalties from 9% to 3.33% this am a wise founder quick pivots based on market and community sentiment 🏴‍☠️ the royalty sweet spot for NFT PFP collections is between the 2.5-5.0% anything more is uncivilized

• MetaMask updated interface helping combat against scams:

  EvenTide ⛩ @EvenTideGN

  Woah - anyone else notice MM updated their interface?? After clicking Confirm it pops up a second "are you sure?" dialogue Big W

  

Quick Stats:

• OpenSea ETH Daily Volume: 2,571 ETH (▼ 20.67%)

• Blur ETH Daily Volume: 3,886 ETH (▲ 17.40%)

• BTC: $23,756.09 (▲ 2.79%)

• ETH: $1,670.91 (▲ 5.55%)

• Solana: $24.93 (▲ 6.1%)

• Polygon: $1.23 (▲ 12.24%)

NFT Daily Winners:

• 🐧 Pudgy Penguins: 5.59 ETH (▲ 8.63%)

• ⛩️ Azuki: 13.90 ETH (▲ 8.59%)

• 🧬 Clone X: 5.09 ETH (▲ 1.03%)

• 🥃 Proof Collective: 25.92 ETH (▲ 0.07%)

• 🦧 Bored Ape Yacht Club: 64.00 ETH (► 0.00%)

• 🏳️‍🌈 Chromie Squiggles: 12.90 ETH (► 0.00%)

• 🐈‍⬛ VeeFriends: 4.80 ETH (► 0.00%)

NFT Daily Losers:

• 🧝🏼‍♀️ DigiDaigaku: 11.90 ETH (▼ 0.58%)

• 🚬 CryptoPunks: 63.99 ETH (▼ 1.54%)

• 🦉 Moonbirds: 6.83 ETH (▼ 3.12%)

• 🌈 Doodles: 6.25 ETH (▼ 3.4%)

• 🧟 Mutant Ape Yacht Club: 13.60 ETH (▼ 7.8%)

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