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Investor Purchases 330 Adidas NFTs Using Smart Contract - 328 More Than the Cap
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cryptonews.comSportswear giant Adidas dropped its non-fungible token (NFT) collection “Into the Metaverse” with 30,000 pieces on Friday - and while the sale was capped at a maximum of two items per person, one user managed to hoover up 330 pieces using a smart contract.
According to Montana Wong, a blockchain engineer and co-founder of product studio Sprise.co, a user made a custom smart contract and deployed it a few hours before the minting. When executed, the contract generated 165 sub smart contracts, each minting two NFTs and transferring them to the owner's main ethereum (ETH) address.
"Since each sub smart contract has a unique address, the creator was able to avoid the 2 item limit imposed by the sale. After sending the NFTs to the creator's main
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