{"id":638478,"date":"2026-08-03T13:53:44","date_gmt":"2026-08-03T13:53:44","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/03\/how-fake-world-assets-and-onchain-gacha-became-cryptos-latest-craze\/"},"modified":"2026-08-03T13:53:44","modified_gmt":"2026-08-03T13:53:44","slug":"how-fake-world-assets-and-onchain-gacha-became-cryptos-latest-craze","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/03\/how-fake-world-assets-and-onchain-gacha-became-cryptos-latest-craze\/","title":{"rendered":"How Fake World Assets and onchain gacha became crypto\u2019s latest craze"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/how-fake-world-assets-and-online-gagcha-became-cryptos-latest-craze.jpg\" alt=\"How Fake World Assets and onchain gacha became crypto\u2019s latest craze\" class=\"type:primaryImage\" \/><\/p>\n<p>Fake World Assets turns forgotten NFTs into an onchain lottery \u2014 but is crypto\u2019s latest obsession built to last?<\/p>\n<p>Just when you thought crypto was getting boring, a new phenomenon is lighting up Crypto Twitter \u2014 Fake World Assets (FWAs). Yes, really.<\/p>\n<p>It\u2019s the latest iteration of the onchain gacha craze, where users receive a random collectible, or collectibles, that are usually worth very little, but are sometimes worth quite a lot.<\/p>\n<p>Within four days of launch, FWAs guzzled so much Ethereum gas that they <a href=\"https:\/\/defillama.com\/protocol\/fake-world-assets\" rel=\"noopener noreferrer\" target=\"_blank\">briefly<\/a> became the chain\u2019s largest gas consumer by fees over a 24-hour period. <\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/magazine\/how-fake-world-assets-and-online-gacha-became-cryptos-latest-craze\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Fake World Assets turns forgotten NFTs into an onchain lottery \u2014 but is crypto\u2019s latest obsession built to last? Just when you thought crypto was getting boring, a new phenomenon is lighting up Crypto Twitter \u2014 Fake World Assets (FWAs). Yes, really. It\u2019s the latest iteration of the onchain gacha craze, where users receive a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":638480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-638478","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/638478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=638478"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/638478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/638480"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=638478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=638478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=638478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}