Fake World Assets, an Ethereum-based NFT exchange protocol, is launching FWAir, a mechanism allowing creators to launch new collections directly into its gacha pool. Protocol revenue has fallen more than 98% from its peak of $1.63 million on July 25, with only $11,069 in fees over the past 24 hours. The FWAir system does not pay creators upfront, as they receive earnings solely through the acquisition fees generated by NFTs inside the pool. The FWA token trades at $0.0296, up 19% over 24 hours, with a market capitalization of approximately $29 million.
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