Here’s how insiders dump blockchain game tokens using Sybil attacks
In the topsy-turvy world of blockchain gaming, Sybil attacks are actually a desirable way to boost on-chain data and dump bags of tokens.
Cryptocurrency news by Protos · Protos
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Show Notes
The blockchain gaming industry had an impressive 2021. Play-to-earn, move-to-earn, NFT games, and prices for all sorts of blockchain entertainment were surging.
Of course, it was all just a flash in the pan. Within a few months, the bottom fell out of the market and both active users and market capitalizations cratered.
Now that much of the dust has settled, a new report by Delphi Digital examines the extent to which so-called Sybil attacks inflated growth metrics for blockchain gaming.
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