One virtual pet in the chain died shortly after it was born when speculators on Twitter carelessly spam it, only to find out that its smart contract was riddled with flaws.

WAGMIGOTCHI’s surprising start shows how hot the creator Dom Hofmann is as people are ready to take part in his experiments so as not to miss the next big thing – even if it’s not live yet.

WAGMIGOTCHI is a single virtual pet in the chain kept alive by anyone who pays gas into their smart contract, who has functions such as bathing, feeding, playing or sleeping. “If the demand is not met, it dies,” Hofmann said To write when presenting the project on Twitter.

After WAGMIGOTCHI died, Hofmann quickly publication Version 2, still alive today. In just over 3,000 transactions, people spent $ 52,318 on gasoline grooming animals. At the start of the project, Hofmann made it clear that nurses only receive LOVE tokens.

Hofmann published WAGMIGOTCHI without attached images – as with his popular NFT loot, imagination is the value driver – although NFT engineer Sam Mason de Caires quickly created one. Create an interface for the project that depicts the pet as a ghost with resolution.

Merchants spent $ 8,149 to get WAGMIMOTCHI to sleep 528 times, $ 24,797 to play 921 games, and $ 35,913 to bathe it 719 times. The average transaction cost is $ 17 and someone has spent up to $ 380 on a single transaction.

Hofmann warned at the beginning of the project:

“You really don’t have any of it. It’s just an experiment. If you want to “give without taking”, join the animal care team. If you don’t understand then stop. Don’t do it because it’s not audited. “

Traders who missed loot – an experimental NFT adventure game that sold out within hours and made initial investors very rich – could be the ones who are putting money into this pet.

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Mr. Teacher

After decrypting

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