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28 September 2021

Loot Creator's Experimental Ethereum Pet 'Dies' Shortly After Launch - Decrypt

Loot Creator's Experimental Ethereum Pet 'Dies' Shortly After Launch - Decrypt


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A virtual on-chain pet died moments after its birth when speculators on Crypto Twitter spammed it with care, only to discover that its smart contract was riddled with bugs. .

The botched launch of the project, WAGMIGOTCHI, shows how its creator, Dom Hofmann, the creator of runaway NFT hits Loot and Blitmap, is so popular that people will ape into his experiments to avoid missing out on the next big thing—even if it’s broken.

Hofmann clarified when launching the project that caretakers receive “nothing in return” beside worthless LOVE tokens. .

Hofmann released WAGMIGOTCHI without any images attached to it—like his popular NFT Loot, imagination is what drives value—although NFT engineer Sam Mason de Caires quickly spun up an interface for the project that depicts the pet as a pixelated ghost. .

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