Faraway , a crypto gaming company that purchased two of Yuga Labs previous gaming endeavors, had an airdrop today for its new AI-driven token RIFT, but some holders of the ecosystem’s non-fungible tokens (NFTs) were left in the cold with zero token allocation. Within an hour of its launch RIFT quickly surged as high as a $300 million market capitalization, but has trended down since and is currently changing hands at $.09, or a $92 million valuation. The ecosystem NFTs, which were originally launched under Yuga Labs , consist of HV-MTL, a 24,000 supply collection with a floor price of 0.04 ETH, and Kodamaras, a 7300 supply collection with a 0.075 ETH floor. NFT whale Dingaling took to X to convey his dismay saying , “Holding 264 Mara, 263 Otherdeeds, 198 HV-MTL. Zero $RIFT airdrop LMAO. Amazing.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
