Alright, SCAMS are getting out of control in NFT land. Here's a short thread on the different scam types I've seen and some thoughts on keeping safe. 1/ Thread. 👇

How HYPEBEARS scammed their collectors and bought up multiple 1/1s pre-reveal. Disclaimer: I was an OG of the group and was holding 5 at the time of finding this information. A thread🧵 1/8

HYPEBEARS Update: I guess Alexandre Arnault confirmed it.

It's a well-known trick if you have been long enough in this space. It's possible that for certain projects (certainly those with unethical people) the "insiders" know the metadata before the reveal, so they are able to snap up all the rare items for cheap x.com/itchynft/statu…

More than 3 months ago, the ratio of well intentioned projects and bad intentioned ones was probably around 80%-20%. That ratio has in our view shifted: 80% are now likely scams and 20% are projects that really want to build something. This makes sense: x.com/Zeneca_33/stat…

Thoughts? Regional artist, intricate work usually on paper but moving to digital. opensea.io/assets/0x495f9…

I like it!

stop minting derivative NFT projects thinking they will moon like the original this literally never happens

Today is a sad day. Today we mark a full year(!) since @nftmachine opened the telegram chat for OpeNFT🟣 || OpeNFT.eth, an OpenSea competitor. He raised 277 ETH from 130+ investors to his ENS, never shipped any semblance of product, ran away, and used the money to buy NFTs. Full story. 🧵

The project DELUXEGOAT | SCALPZILLA is 99.9% a scam (also minting today). Founders have 0 and 1 post on IG. They paid for Google ads, and one of the founders could well be the same one as the one from "Immortal Apes" as he writes gas both times in an unusual (and incorrect) way. Gass what?

It took us less than a minute to find out that at least two people associated with Ape Doods were (well-)known scammers. The project now publicly confirms this as well... x.com/NFTethics/stat…

Aside from the event you’re trying to host, is the token going anywhere… seems it had never recovered to any sensible levels… is this the end of the actual party?

SafeMoon All good but the token is really down, far lower than recoverable possibly… where is this going?

#boycottnestle

#boycottnestle

#boycottnestle