Based on everything happening on the test server this is likely «Gift Crafting».

From what we’re seeing, they take four different «Cake» NFT gifts, each with different rarity percentages for the model, symbol, and backdrop. If among those four there’s a gift with a low rarity percentage for the symbol, that symbol carries over to the crafted gift. If there’s a gift with a low rarity percentage for the backdrop, that backdrop carries over as well. What happens to the model is still unclear.

The gifts used for crafting will only be accessible via direct links, won’t have an «Owner» field, and you’ll likely be the only one who can see them in profile — though that’s not confirmed.

I'm watching this closely. These conclusions are preliminary, and we’re waiting for updates.

@telelakel