Preface: Most likely this collection will be banned before I write this guide, but what if!
So, I found a bug in the Solana NFT burning system
Let me explain in more detail.
There is a SITE where you can get Solana for burning unnecessary ones (often scam tokens and NFTs, these are often sent for advertising, etc.) So, I went to burn scam tokens (of which a significant amount has accumulated in the crypt over a couple of years) and discovered that for burning this trash I got a little, but it was nice, and I decided to check this matter for the presence of an abuse, in a little over an hour, of course, nothing worked out for me (it would have been very simple, like you buy NFT with freemint and burn it at a higher price) after another 50- After just a minute of digging on solscan.io, I discovered that a significant portion of the reward for burning came from a specific collection, namely THIS one
Why this one?
- I still don’t understand it myself, maybe there was an error when creating the collection or some kind of bug in the contract, the fact is that after you crushed this NFT and burned it ~ after a while it appears in the collection again as not minted.
What I did step by step:
- Go HERE Click on the “Mint” button
- Mint 1 NFT (exactly one NFT no more no less)
- Go to the SITE for burning NFTs and connect to the wallet where you have this NFT
If you are offered to receive +0.01051 SOL ($0.55) for 1 NFT, feel free to cancel the transaction
Let’s go buy 1 more NFT from this collection and try to burn 2 NFTs already
This time it worked and for burning I received 3.1+ SOL (~170+$)
I’ll say right away, sometimes this worked for me only with 4-5 NFTs, but on average it’s 2-3 NFTs
Then we go and mint these NFTs again and burn them before the thread dies! TOTAL:
- Mintim NFT for 0.35 SOL ($20)
- We go and try to burn it, we buy them until they offer us 3.10 SOL+ for burning! on average this is 3 NFTs
3.Repeat Investments: ~40-60$
Profit: on average $130-110 per lap
P.S. If this collection does not exist, then the topic is over, and if everything is in place, then go ahead and abuse!!!
Thank you for your attention!
This is a unique scam. Nothing posted here is malicious but you are literally just paying OP when you mint their NFT and you won’t ever get the burn amount they are talking (lying) about.
Stay safe out there