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NFT News

“Merge” NFTs New Contract Update Is Live Now

Nifty Gateway has thanked the entire team for working even on the weekends for this new update.

Written By Rikta Mandal
Published 2021-12-14
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"Merge" NFTs New Contract Update Is Live Now

In Brief:

  • Pak announced a new contract for “merge” NFTs. 
  • Nifty Gateway thanked the entire team for working on the weekend. 
  • Pak’s ID etherscan could be used to see if there are any new contracts.

Pak announced today that a new contract for “merge” NFTs has been created and hence bringing joy and happiness to all the “mass” collectors of “merge” NFTs. 

New contract is live.
Next: distribution! pic.twitter.com/S6doMuxFWi

— Pak (@muratpak) December 14, 2021

The following tweet was confirmed by Nifty Gateway. It thanked the entire team involved in the project working extensively even during the whole weekend. 

🚨Merge Update🚨

Thank you to all teams involved who worked extensively over the weekend 🙏

We have received feedback and we are one step closer.
Next: testnet and minting, mainnet and minting!

We will circle back with information on contract deployment and more!

— Nifty Gateway Studio (@niftygateway) December 14, 2021

The team has confirmed that they have received the feedback from the smart contract auditor Trailofbits and are now a step closer for deployment. 

The tweet has also mentioned that they will get back with all the details on contract deployment and other topics.

Merge began as an open edition on the Nifty gateway. It lasted from December 2 until December 4. In the first 48 hours of the auction, collectors purchased up to 266434 masses, raking in $91,806,519 for the auction. Pak now holds the world record for the greatest sales value for a single artwork in a public sale by a living artist. 

The pak etherscan ID can also be used to see the new smart contract. A previous contract issue caused many collectors to be unable to withdraw their NFT from the Nifty Gateway, necessitating the creation of a new one. 

Also, all previous metadata has been imported into the new contract, which can be verified from the new contract as a result, no one will lose their “mass”. Everyone will receive the NFT they purchased.

Also Read: In and Outs of Pak’s $91.8 Million Merge NFT Drop on Nifty Gateway

Also, those who sold on the secondary market, on the other hand, will not receive one. Additionally, the collectors who were able to withdraw old now hodl completely unique NFTs. 

 Additionally, Pak has even asked on Twitter how he can change his username on etherscan from “Lost Poets: Deployer” to “pak.eth.” Soon a team member of etherscan helped him to sort out this issue.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:NFTsSmart Contracts
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