All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, do your own research before making any kind of investment.
DAOMaker investigates security breach at Degen Zoo Game!
Degen Zoo, DAOMaker’s NFT game inspired by Logan Paul’s CryptoZoo, may have been exploited in the last 48 hours. Consequently, the founding team stopped the game to investigate the hacking incident and prevent other inconveniences. The concerns actually came from a suspicious address that burned a whopping $58,000. So far, the team has not found any relevant evidence, but they are still looking into the situation.
Why was the game stopped?
It has been a tough start to the week for the Degen Zoo community as the gaming community fears that hackers attacked the platform. The story began almost two days ago when a wallet address burned more than 1.5 million DZOO – Degen’s original token.
This first-time event sparked a wave of concern among players and collectors, all of whom were concerned that there could be a security breach. Shortly after, the founding team at DAOMaker announced that they had stopped the game for the safety of the community.
“We are investigating, but so far a team of three people has tried to find such an exploitation of this person to be able to obtain high-quality animals, and found nothing,” wrote the team in a Telegram message.
In addition, the project founders mentioned that Degen Zoo’s hatching process has been completed on Binance Oracle. This means that it is impossible to hatch virtual animals through smart contracts, according to the team. Nevertheless, DAOMaker is still looking into the issue to ensure that every user is safe.
What is Degen Zoo?
Degen Zoo is a charity NFT game launched by DAOMaker. In short, the game involves burning NFTs of digital endangered species as the main Play-to-Earn mechanism. Degen Zoo has a native symbol called DZOO and betting features that allow players to earn digital eggs.
Sounds familiar? Well, the game is actually based on the same concept as CryptoZoo – Logan Paul’s Axie Infinity-like blockchain game. Degen Zoo creator Cristoph Zaknum had trolled Logan Paul for quite some time; his latest attempt was to build a complex NFT game similar to CryptoZoo in less than 30 days.
Surprisingly, Zaknum reached its goal, raising over $700 million in the meantime from over 115 unique digital wallets.
