How Fake World Assets and onchain gacha became crypto’s latest craze

60-second summary

Fake World Assets is turning forgotten NFTs into an onchain lottery, enticing users with the promise of instant wealth, with over 1,000 unique assets participating in the game. This latest craze has seen significant user engagement, with transaction volumes skyrocketing, but concerns arise about the sustainability and potential rug pulls of this fleeting phenomenon, threatening the crypto market's stability.