NFT
After a string of duped projects, Magic Eden, Solana’s NFT marketplace leader, updated its verification layers to ensure NFT collections.
Magic Eden thanked the community in a Twitter on Wednesday for alerting them to fake ABC or Abracadabra NFTs. It is important that all affected parties contact the help desk.
Magic Eden claimed that third-party cachers were responsible for NFT projects showing wrong images and even adult content. However, it was not hacked.
One Twitter user revealed that supposedly fake ABC NFTs were being offered for sale at 55 SOL or $740.
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Another user flagged fake NFTs for the popular Solana-based NFT Project y00ts.
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Magic Eden reports that y00ts is Solana’s second most popular NFT program with a 2.5 million SOL ($33.7million). ABC currently occupies fourth place with 1.2 million SOL ($16.1million) total trading volume. It maintains a floor of 165 SOL (or about $2,200).