"I Only Scammed You Once Guys, I Promise"

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  • เผยแพร่เมื่อ 27 ก.ย. 2024
  • These influencers are absolutely out of control, seems like everyone is taking a bag to promote you some fraudulent NFT project because no one does ANYTHING about it. No one is held accountable and it's the norm to expect people to just lie, cheat and steal their way to an easy few million in the bank. Influencers promoting sketchy businesses or products for under the table pay has always been a thing but never before has it been this bad and it seems to get worse daily.
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    #jackedapesclub #nft #2022

ความคิดเห็น • 744

  • @sgradone
    @sgradone 2 ปีที่แล้ว +113

    The idea of an NFT community freaking out when a rug pull happens is hilarious to me, because chances are everyone that got scammed was told multiple times that NFTs are a scam.

    • @talesdemidioful
      @talesdemidioful 2 ปีที่แล้ว +5

      I did my part man, always told them the truth, but protecting a idiot's finance is a job for a even bigger idiot soo I dont even laugh

    • @FlameDarkfire
      @FlameDarkfire ปีที่แล้ว +5

      "Oh if ONLY someone had told me a few hundred more times this was a scam!"

  • @centurosproductions8827
    @centurosproductions8827 2 ปีที่แล้ว +872

    "I wish I could be paid that much for doing scummy things."
    Actually, you probably could, you just *have to do scummy things.*

    • @KiraTV1
      @KiraTV1  2 ปีที่แล้ว +215

      True

    • @greensoplenty6809
      @greensoplenty6809 2 ปีที่แล้ว +50

      welcome to the unites states of america, mind your wallet

    • @GenBumbleBee
      @GenBumbleBee 2 ปีที่แล้ว +28

      @@KiraTV1 NFTs and crypto as a hole is nothing more then a scam

    • @moofymoo
      @moofymoo 2 ปีที่แล้ว +24

      He could make pictures of scams he have covered, sell it as nft's, then rug pull and cover it on KiraTV

    • @cody7812
      @cody7812 2 ปีที่แล้ว +13

      Imagine if Kira just started backing a single NFT company, with all the "hate" he has pushed on all the other companies it would probably lead to a load of people buying it because if Kira thinks it is good it would have to be. He could totally make a quick buck that way lol.

  • @TheAdarkerglow
    @TheAdarkerglow 2 ปีที่แล้ว +207

    Peddlers. Call them Peddlers. They aren't just trying to 'influence' people, they're trying to sell them things.
    Also, never forget Soulja Boy bought out the Atari Coin crypto because he thought he was buying Atari, the game company, and rendered the coin useless as the soul owner.

    • @elbruces
      @elbruces 2 ปีที่แล้ว +5

      Selling things, or peddling things, is perfectly legal and morally fine.

    • @muchotexto4248
      @muchotexto4248 2 ปีที่แล้ว +45

      "Soul owner" Not the time to laugh but did

    • @talesdemidioful
      @talesdemidioful 2 ปีที่แล้ว +11

      @@elbruces are you flexing bro? you know for sure what dragon meant

    • @elbruces
      @elbruces 2 ปีที่แล้ว +1

      @@talesdemidioful He said people should use a different synonym because they're bad.

    • @casjordan5756
      @casjordan5756 2 ปีที่แล้ว +5

      Souljacoin

  • @shadowcaptaincain
    @shadowcaptaincain 2 ปีที่แล้ว +923

    What I find interesting about NFTs, is that scam/rug pull is currently more the rule than the exception, and AAA game developers are so very eager to associate themselves with a technology that is currently widely viewed as misleading people to spend money on something that never materializes. It's like their silent way of acknowledging how they hype up all these games and release them in completely broken, unfinished states, then abandon them.
    On second thought, that sounds like a match made in heaven.

    • @ThatLoudCockatoo
      @ThatLoudCockatoo 2 ปีที่แล้ว +32

      It idnt the developers (the ones actually making the games) that are trying to push MFTs in games, it's management (usually upper management/corporate). The incident with Team 17 and the mess going on inside of Ubisoft reflect that.

    • @sugoruyo
      @sugoruyo 2 ปีที่แล้ว +31

      Not dev studios, publishers/producers are. Same for music, movies etc. The folks making the real money out of the things we love (i.e. the capitalists/financiers not the people who make them) are the ones looking at NFTs as a way to make more money.

    • @frankieb9444
      @frankieb9444 2 ปีที่แล้ว +14

      Yes, AAA gaming industry screws us every year with broken games and we line up to buy their next game, no wonder they think they can scam us with NFTs....

    • @richardcesar5546
      @richardcesar5546 2 ปีที่แล้ว +5

      I think the bigger game devs are looking at it entirely differently. I think they are looking it as a way to recover something they once had, but lost due to government regulators and external liabilities... that thing being RWT (real world trading). In MMO's heyday, people were farming for rare loot and selling it in big after-market stores, which collimated in diablo 3's failed marketplace. The failure was not as much internal, as it was external, driven by a combination of government regulators and increasing pressure from merchant service providers suing for chargebacks claiming the credit cards were stolen. I think most companies realize that NFT's would give them this back, isolating them from liabilities related to the aftermarket sale of said assets.

    • @Pentti_Hilkuri
      @Pentti_Hilkuri 2 ปีที่แล้ว +7

      Paying for an NFT is like buying a certificate proving you're stupid.

  • @edjay4811
    @edjay4811 2 ปีที่แล้ว +98

    "I don't have the mental maturity [winky face]" Guess he's not going to Cryptoland then

  • @jimdelsol1941
    @jimdelsol1941 2 ปีที่แล้ว +42

    I just can't believe they are getting scammed left and right and they KEEP buying that kind of shit. .................

  • @loganswalk8621
    @loganswalk8621 2 ปีที่แล้ว +26

    The difference between naivety and idiocy.
    The naive person will stick their hand in the fire once and the idiot will continue to stick their hand into fire.

  • @NavigatorBR
    @NavigatorBR 2 ปีที่แล้ว +127

    Useful context: It is illegal in the United States to fail to disclose that you were paid or compensated (free stuff, etc) for a promotion. After Fyre Fest (where a lot of people failed to disclose compensation and pay), the Federal Trade Commission hit a bunch of people with fines.

    • @ian_b
      @ian_b 2 ปีที่แล้ว +4

      I just looked up Fyre Fest and wow, it was 5 years ago. Time flies.

    • @mushyroom9569
      @mushyroom9569 2 ปีที่แล้ว +8

      Good ol’ Uncle Sam. Won’t do anything about the scam as it’s happening or save the people stranded on a desert island, but jumps at chance to muscle in for a cut of the action.

    • @gokublack8342
      @gokublack8342 ปีที่แล้ว

      @@mushyroom9569 They'll do something real fast when it's them(The IRS) getting cheated though one of these NFT scams they didn't pay taxes and got the IRS on them and would you know the 2 scammers went to jail real fast after that 😂

  • @Carnyzzle
    @Carnyzzle 2 ปีที่แล้ว +85

    it's like every single NFT project is a scam to not be trusted or something

    • @endlessstrata6988
      @endlessstrata6988 2 ปีที่แล้ว +18

      I am shocked at that statement! There is no way a technology as useful as an hyperlink would ever be used to scam people!

    • @mattpeters4700
      @mattpeters4700 2 ปีที่แล้ว +4

      Gasp!

    • @globalfuturefilms9487
      @globalfuturefilms9487 2 ปีที่แล้ว

      check catharsis | no motto

  • @falloutmule
    @falloutmule 2 ปีที่แล้ว +322

    I just hope that their community can heal and rebuild so that the scammer staying behind to run it can scam them again.

    • @JohnSmith-io4xj
      @JohnSmith-io4xj 2 ปีที่แล้ว +32

      It’d be fun to be a fly on the wall of their communities before, during and after the rugpull just to see their mental states. Because this is just stupid

    • @iBaudan
      @iBaudan 2 ปีที่แล้ว +1

      No, they should learn to don’t do this again…

    • @if7723
      @if7723 2 ปีที่แล้ว +18

      @@iBaudan Should, but if they don't I have an NFT of the worlds smallest violin to sell them.

  • @Socomhunter
    @Socomhunter 2 ปีที่แล้ว +30

    It's always "community driven" that way when it goes wrong they can blame the community for not being passionate enough

    • @krodmandoon3479
      @krodmandoon3479 2 ปีที่แล้ว

      The old Megaman Legends 3 approach.

  • @onomatopoeia7505
    @onomatopoeia7505 2 ปีที่แล้ว +82

    Influencers and NFTs. Two unnecessary things, together. Why am I not surprised this failed so hard.

    • @alexcrowl
      @alexcrowl 2 ปีที่แล้ว +14

      It wasn't a failure for the people who ran it. They made money. The only failure is when the people dumb enough to buy jpegs failed to make a good financial decision.

  • @bernie_sandler
    @bernie_sandler 2 ปีที่แล้ว +17

    NFTs will forever be the dumbest scam that people ever fell for.

    • @casjordan5756
      @casjordan5756 2 ปีที่แล้ว

      You'd be surprised lol

    • @casjordan5756
      @casjordan5756 2 ปีที่แล้ว +1

      The old addage "I have a bridge to sell you" will not change lol

  • @writtenworlds
    @writtenworlds 2 ปีที่แล้ว +97

    There is a serious lack of consequences for these snake oil salesmen.

    • @zipeeeeez
      @zipeeeeez 2 ปีที่แล้ว +7

      Good reference. This was actually a big thing in the 18/19th century (: RDR also came up with a mission regarding this fraud.

    • @rolux4853
      @rolux4853 ปีที่แล้ว +1

      Yep everyone who tries those scams should either be fined so much they’ll never financially recover from it or they should get at least 10 years jail time.
      Most often they try to manipulate little children and teenagers due to online gaming which should be punished extremely hard!

    • @David-ud9ju
      @David-ud9ju 10 หลายเดือนก่อน

      A pump and dump is illegal, so these people could be prosecuted but someone has to report it to the police and then the police have to try and work out if it's worth investigating. Everyone did get their NFTs after all; they just lost value. That happens in IPOs for normal companies all the time.

  • @notribadsvault
    @notribadsvault 2 ปีที่แล้ว +33

    I think the whole apes thing is a reference to the “Apes together strong” meme that got popular on Wall Street Bets back during the GameStop squeeze.
    It was maybe mildly funny back then, but NFT culture killed the meme harder than harambe. Now the ape jokes feel like they have no soul.

    • @trumpwonBIGLY
      @trumpwonBIGLY 2 ปีที่แล้ว

      gamestock hasnt squeezed yet pal, soon tho

  • @AZodiacCancer
    @AZodiacCancer 2 ปีที่แล้ว +33

    At this point if you buy an nft and get scammed, it's your fault.

  • @VandroiyIII
    @VandroiyIII 2 ปีที่แล้ว +14

    Imagine taking financial advice from "social media influencers".
    A fool and his money are soon parted.

  • @johnbooker6936
    @johnbooker6936 2 ปีที่แล้ว +21

    are u telling me Bradley Martyn the most natty bodybuilder who trains only the most natty influencers and totally dont do steroids. would lie and scam his fans? shocked

  • @sinjin8576
    @sinjin8576 2 ปีที่แล้ว +294

    As a person who thinks primates are really cool and fascinating I find the constant use of apes to be the 3rd most infuriating thing about NFTs

    • @mattroxursoul
      @mattroxursoul 2 ปีที่แล้ว +73

      I don't know most of the primates I have known are awful. Some even sell NFTs

    • @ivanskorica6979
      @ivanskorica6979 2 ปีที่แล้ว +8

      @@mattroxursoul Bruh xD

    • @asrieldreemurr1856
      @asrieldreemurr1856 2 ปีที่แล้ว

      what is the 2nd and 1st?

    • @JohnSmith-ox3gy
      @JohnSmith-ox3gy 2 ปีที่แล้ว +17

      @@asrieldreemurr1856
      Marketing.
      Overstated utility.

    • @ryuno2097
      @ryuno2097 2 ปีที่แล้ว +16

      maybe they're using monkeys as a way to mock the people who are buying these NFTs

  • @LibbyGrimm
    @LibbyGrimm 2 ปีที่แล้ว +122

    "Pay us money"
    "We took all the money"
    Oh no a scam.
    Or stupidity.

    • @Sk0lzky
      @Sk0lzky 2 ปีที่แล้ว +5

      Next time will be better!

    • @alexcrowl
      @alexcrowl 2 ปีที่แล้ว +13

      Yeah I mean what part of this is even a scam? They bought pictures of monkeys and now they have pictures of monkeys. The money was gone when they clicked "buy"

    • @CatBarefield
      @CatBarefield 2 ปีที่แล้ว

      Why not both 🌮

    • @mado-wh4jv
      @mado-wh4jv 2 ปีที่แล้ว

      @@alexcrowl Yeah, where's the scam? They expect the value to change over time and it change for worst, those were risks they were willing to take.

  • @Lundarian1
    @Lundarian1 2 ปีที่แล้ว +72

    The silver lining is, the more of these scams that gets exposed, the more distrust will be garnered for NFTs, and the closer we'll be to the day where are so widely vilified that they become irrelevant

    • @crunchyfrog555
      @crunchyfrog555 2 ปีที่แล้ว +29

      At this rate there's a hefty chance they may be outlawed before they die organically. Either's good though.
      What these rug pulling crypto morons don't realise though is that every single one of these actions draws people like tax departments and governments closer to doing something.

    • @Sm0ke821
      @Sm0ke821 2 ปีที่แล้ว +5

      @@crunchyfrog555 they SHOULD outlaw them at this point there are way more scams than not....I really dk wtf the people investing are thinking with so many scam projects still getting funded

    • @MenrvaS
      @MenrvaS 2 ปีที่แล้ว +10

      These NFT people are cult-like, they would fight tooth and nail for it. Basically, If there are no new people, how would they inflate the value?
      Hence the cult-like behavior when it comes to defending and recruiting. An absolute modern pyramid scheme.

    • @crunchyfrog555
      @crunchyfrog555 2 ปีที่แล้ว +6

      @@Sm0ke821 I think it's because a lot of it is young naive people (maybe even children trying ahrd to be grown up). They bunged money in crypto, and earned a lot of money from that. Now they don't know what to do with it (because getting it out to be actually usable involves interest from tax authorities).
      So those with some smarts are creating scams to suck funds from others who made money and the dumb kids on the bottom are buying these pathetic NFTs because they see it something to spend their money on and perhaps keep making money.
      Not far short of MLMs or other scams really - dumb twats at the bottom and dumb cunts at the top but with a small amount more smarts to be one step ahead.

  • @Kalingrato
    @Kalingrato 2 ปีที่แล้ว +755

    I used to feel sorry for the people that get scammed on those things... Not anymore. It's not new, it's not novel, it's been done so many times already, and people keep falling for it? Fool me once, shame on you. Fool me twice, I'm a cryptobro.

    • @hughjanus2935
      @hughjanus2935 2 ปีที่แล้ว +88

      The cryptobros are deluded enough to think they can make money before the rug gets pulled

    • @Sm0ke821
      @Sm0ke821 2 ปีที่แล้ว +52

      @@hughjanus2935 an uncle did this shit with scams he would get in make money leave and see everything burn a month or so after xD did this for years until he got too involved in one and almost get jail time then he started actually working on stocks.....the family dont talk to him anymore....pretty sure he is involved in this shit I can see it happening

    • @Colddirector
      @Colddirector 2 ปีที่แล้ว +17

      These idiots know its a scam, they just want to be part of the pump when they're actually the dump.

    • @PropaneWP
      @PropaneWP 2 ปีที่แล้ว +37

      For a lot of people it is new and it is novel. All you're demonstrating here is that you have difficulty seeing this from other perspectives than your own. Also bear in mind that "it's their own fault for being stupid" is literally what every scammer tell themselves. Don't become that guy, or even one who sympathizes with that guy.

    • @JohnSmith-io4xj
      @JohnSmith-io4xj 2 ปีที่แล้ว +10

      @@dymaxion3988 Especially with recent financial troubles around the world and people pushing Crypto as a way to make a lot of money, new people get in thinking it’s a gold rush and get rekt hard.

  • @TheRabidgoalie
    @TheRabidgoalie 2 ปีที่แล้ว +18

    I heard someone ask what NFT stands for, and the thought that came to my mind is "Nothing F*cking Tangible".

  • @bon7029
    @bon7029 2 ปีที่แล้ว +8

    I am absolutely stunned that people fall for this kind of thing.

  • @tremendousbookreviews
    @tremendousbookreviews 2 ปีที่แล้ว +170

    The worse the NFT world get, the better this channel gets.
    At least we are benefiting from it. 😁

    • @boooster101
      @boooster101 2 ปีที่แล้ว +1

      Not long term.
      Crypto and NFTs have increased money laundering exponentially.
      And money laundering always comes at the expense of the average taxpaying joe.

    • @Crypted112
      @Crypted112 2 ปีที่แล้ว +10

      @@boooster101 he meant benefitting from NFTs because they give kira more content to talk about, but yea long term nfts just get worse

    • @boooster101
      @boooster101 2 ปีที่แล้ว +3

      @@Crypted112 that's why I included the word longterm.
      Short term it's great for entertainment and teaching a lot of naive young people about dubious investments.
      I just don't think that the benefits in this case outweigh the drawbacks.
      Let's wait 3-5 years and then evaluate the damage for society at large.

    • @NewNecro
      @NewNecro 2 ปีที่แล้ว +1

      It helps combat omnipresent inflation in one of the worst possible ways I guess.

    • @illgeteverythingback
      @illgeteverythingback 2 ปีที่แล้ว

      @@boooster101 im sure it's beyond evaluated at this rate

  • @Naamturd101
    @Naamturd101 2 ปีที่แล้ว +34

    Does the majority of the NFT community do anything to try and police this kind of stuff, or is it all just a conglomerate of rats?
    Serious question.

    • @YulsBolts
      @YulsBolts 2 ปีที่แล้ว +19

      They will just tell you "But look at the non scammy projects" and then look to other side or call you a retrograde basically

    • @Icedanon
      @Icedanon 2 ปีที่แล้ว +7

      I think the people that stick around just recognize the potential, despite it having been taken over by scams and jokes. They are there for the "could be." Not the "what is"

    • @YulsBolts
      @YulsBolts 2 ปีที่แล้ว +5

      @@Icedanon I recognize the potential and hate the current iteration, hoping it to be better
      Yet I havent become a MLM Drone

    • @elbruces
      @elbruces 2 ปีที่แล้ว +4

      The entire point of blockchain stuff is to be police-proof.

    • @Icedanon
      @Icedanon 2 ปีที่แล้ว

      @@elbruces thats not true. Since this posting, many of the scammers have been caught thanks to the open nature of the block chain. The police/redditors just followed the money. The point is to have a decentralize bank to rid ourselfs of the scum that syphon value off of everything and stack the game in their favor.

  • @Khalith
    @Khalith 2 ปีที่แล้ว +17

    “Guys we stole all the money. We are unfit to lead and will pass that leadership to someone else. See ya!”

    • @muchotexto4248
      @muchotexto4248 2 ปีที่แล้ว

      Very well, fine gentlemen. The men in blue shall discharge you from your position and will trasladate you to your retirement zone after the tramitation is done. You don't need to buy a plot to live in the land you gained access to with the power of NFT, son.

  • @Delta3AlphaS
    @Delta3AlphaS 2 ปีที่แล้ว +16

    Monkeys are popular because you have to evolve backwards to believe all the promises
    .thanks for comedy :D

  • @AlterRaigo
    @AlterRaigo 2 ปีที่แล้ว +7

    Most of these NFT projects feel like a highschool's group project to scam the kids from Elementary.

  • @funnelvortex7722
    @funnelvortex7722 2 ปีที่แล้ว +53

    "Why are apes popular in the NFT scene?"
    It's because cryptobros and NFTbros have the mentality and intellect of an unevolved primate.

    • @thegorgon7063
      @thegorgon7063 2 ปีที่แล้ว +1

      Evolution going backwards (de-evolution?), humans (crypto and NFT -bros) slowly reverting to apes?

    • @aj897
      @aj897 2 ปีที่แล้ว +1

      NFTs are pointless imo but I've made money on crypto, you can't just buy a coin that's hitting ATHs and expect it to double/triple. Some people don't know how to invest period and then start making fun of those who do.

    • @zoutewand
      @zoutewand 2 ปีที่แล้ว +2

      Give some respect to non human primates. They've never pushed crypto scams nor fell for it.

    • @ekki1993
      @ekki1993 2 ปีที่แล้ว +3

      @@aj897 If those people did know how to invest you wouldn't have made money. It's what a zero-sum game means. You made money because someone else lost it by trading poorly (or because you were lucky). At optimal play it's just about the luck of the draw because there are way more factors than we can consistently predict. So no amount of "but I've made money" will ever justify buying crypto.

    • @DustyHoney
      @DustyHoney 2 ปีที่แล้ว

      Other primates are not “unevolved”, they simply fill a different ecological niche. Please do not disrespect our non-human cousins. It just doesn’t make sense. They’re out there eating bugs with a stick and don’t have to stress out about completely made up shit like NFTs.

  • @ballbuster1681
    @ballbuster1681 2 ปีที่แล้ว +25

    3:15 I now know that Kira 100% believes in autoblow

    • @allengilbert7463
      @allengilbert7463 2 ปีที่แล้ว +6

      I want to know what that sales bump (or slump) was like for Autoblow.

    • @pallingtontheshrike6374
      @pallingtontheshrike6374 2 ปีที่แล้ว +3

      lmao, i want to see their sales figures too

  • @donttalktome2316
    @donttalktome2316 2 ปีที่แล้ว +35

    Wow I'm so surprised. I bet this is the only example of this though. Literally every other nft project is legit starting NOW

    • @Speederzzz
      @Speederzzz 2 ปีที่แล้ว +9

      *5 minutes later* I mean, NOW

    • @Speederzzz
      @Speederzzz 2 ปีที่แล้ว +15

      @@BBWahoo sir, this is a Wendy's

    • @mmaboxingclips2407
      @mmaboxingclips2407 2 ปีที่แล้ว +2

      @@Speederzzz lmfao at this thread… lmfaoooooooo well done frenz

  • @GrafStorm
    @GrafStorm 2 ปีที่แล้ว +7

    When the Hell will someone get to making the "Dutch Tulip NFT"? Goddammit! Smelling salts nft, cat poop nft, nft of nft, money baby, buy my Dutch tulips! Ty Kira, :D

    • @Szpagin
      @Szpagin 2 ปีที่แล้ว +1

      If I knew anything about coding and was morally bankrupt, I'd probably try this out.

  • @justinwhite2725
    @justinwhite2725 2 ปีที่แล้ว +8

    Ok, so what I’m learning is rule #1 of NFTs... never be,over that anything beyond the token itself is guaranteed. You get the token and that’s it. Any other supposed service should be considered ‘never gonna happen’.

  • @Buddhistsocialist
    @Buddhistsocialist 2 ปีที่แล้ว +26

    It’s just amazing. Spending so much money on a link to a ugly monkey picture is absolutely mind boggling

    • @pcpolice2518
      @pcpolice2518 2 ปีที่แล้ว +9

      No one ever said rich ppl were smart lmao

    • @muchotexto4248
      @muchotexto4248 2 ปีที่แล้ว

      How the fuck do these people have the money to begin with? One's gettin' their ass educated to get the penny and then there's fucking Tristan thinking he bought Mona Lisa but got Mona Lista

  • @TiberianFiend
    @TiberianFiend 2 ปีที่แล้ว +1

    I'll never feel sorry for people wasting fake money on fake projects.

  • @Kortezxero
    @Kortezxero 2 ปีที่แล้ว +12

    This all just sounds like a Nigerian prince who's looking to give you millions if you can just give him your bank info so that he can deposit the money. A fool and his money are soon parted...

    • @rossstewart9475
      @rossstewart9475 2 ปีที่แล้ว +2

      More than you know: 419 Scammers - the name given to those overwhelmingly Nigerian email scammers - aren't stupid, and deliberately put in spelling mistakes and other obvious errors to drive away those are skeptical. They only want to get responses from the most gullible.
      NFT/Crypto pumps use exactly the same techniques.

    • @mikealvas
      @mikealvas 2 ปีที่แล้ว +3

      When are we getting the Nigerian prince nft?

  • @coyoteartist
    @coyoteartist 2 ปีที่แล้ว +3

    In the US, full disclosure of sponsored content must be made by the content creator or influencer according to the FTC. Truth in advertising also comes into play as well.

  • @NeedsMoDakka
    @NeedsMoDakka 2 ปีที่แล้ว +9

    So in summary people are paying orders of magnitude more for an item equivalent to pogs than they're worth
    Thought so

    • @clevelandleathermaker299
      @clevelandleathermaker299 2 ปีที่แล้ว +5

      Actually pogs had more value, since you actually have physical ownership and can play a game with them.

  • @MrCapitalizer
    @MrCapitalizer 2 ปีที่แล้ว +4

    You're detailed forensics are amazing. Keep exposing them their prey will start paying heed to run away.

  • @FamiAoi
    @FamiAoi 2 ปีที่แล้ว +5

    This is exactly what I see happening on the very coins that are used to trade these. Once the money gets into the tens of billions, the people pumping it up, trading back and forth to each other, are going to rug pull the entire coin.

  • @yojisisland1993
    @yojisisland1993 2 ปีที่แล้ว +8

    I recently worked for a team of NFT creators who were rug pulled by their developer. I picked up all the pieces and reworked their project back together. They are now listed on magic Eden. But it's horrible how many people are getting scammed for these type of projects.

    • @GeorgeMonet
      @GeorgeMonet 2 ปีที่แล้ว +5

      Every NFT project is a scam because NFTs are horrendously stupid.

    • @muchotexto4248
      @muchotexto4248 2 ปีที่แล้ว +1

      Yeah, sure, funny man. Lemme see those transactions

  • @the_newt_nest
    @the_newt_nest 2 ปีที่แล้ว +16

    It's fun how people keep buying into nfts when there is no way that there will be another BAYC. The ship has sailed, everything else is just a shitty copy and regardless of the intent of the creators, they will never go "to the moon." The success of BAYC is based on irrational exuberance - the smarter people in finance are starting to understand what NFTs are and are actually assessing their worth.

    • @williamdrum9899
      @williamdrum9899 ปีที่แล้ว

      Yeah I don't get why so many ape nfts get made. I've seen a literal copy of the BAYC except they all face left!

  • @kokosan09
    @kokosan09 2 ปีที่แล้ว +4

    can't wait to see how many times this exact thing needs to happen before people stop falling for it en masse!

  • @choostopher5018
    @choostopher5018 2 ปีที่แล้ว +6

    Came to your channel looking for an MMO that might suit me and found this amazing education in potential scams thank you so much.

  • @ArzHole
    @ArzHole 2 ปีที่แล้ว +24

    I never understand this whole "influencer" thing, now maybe I'm too old and/or cynical but the only advice I will take from any random person on the internet (especially TH-cam) is from a plumber. For when I'm looking up ways to unblock the bog after one of my particularly large (not enough fibre) dumps.
    The whole NFT thing reminds me of a quote by Henry Miller...
    "When shit becomes valuable, the poor will be born without arseholes."
    Although in this case it seems to be brains.

    • @TheGallantDrake
      @TheGallantDrake 2 ปีที่แล้ว +4

      Not everyone is lucky or experienced enough to have a solid sense of self, nor do most have the wherewithal to properly reflect. When you’re young and passionate, you’re vulnerable. Don’t make the mistake of looking at the victim. Direct your ire at the asshole who has the sheer fucking arrogance to think that telling people lies and then absolving themselves of the consequences is an okay way of making money.

    • @legion999
      @legion999 2 ปีที่แล้ว +3

      I'm glad you specified what in particular could clog your toilet because I couldn't figure out where you were going with that

    • @mado-wh4jv
      @mado-wh4jv 2 ปีที่แล้ว

      I don't get it

  • @sorenlandfall9629
    @sorenlandfall9629 2 ปีที่แล้ว +6

    Influencers be like: "I want to retire, how should I do so?"
    A: Save up money and build up a retirement savings plan?
    B: Completely destroy my reputation by scamming my followers out of hundreds of thousands of dollars using a technology no one really understands?

  • @codywolfe1103
    @codywolfe1103 2 ปีที่แล้ว +13

    Maybe apes are so popular because their entire identity revolves around holding strong together. Like a “Apes Together Strong” kinda thing?

    • @joearnold6881
      @joearnold6881 2 ปีที่แล้ว +3

      Totally depends on the ape.
      Orangutans are pretty solitary.
      Maybe they’re supposed to be bonobos.
      Bonobos do nothing but fuck each other

    • @mrwizard5012
      @mrwizard5012 2 ปีที่แล้ว +1

      I wonder if it took any influence from the GME craze?

    • @codywolfe1103
      @codywolfe1103 2 ปีที่แล้ว +1

      @@mrwizard5012 I can’t imagine why it wouldn’t. Though haven’t bored apes been around since like mid 2020?

  • @mroptimism
    @mroptimism 2 ปีที่แล้ว +2

    Good on you for covering this mess. Far be it from me to poopoo on popular trends, but I sincerely hope this is a fad that dies.

  • @kempolar9768
    @kempolar9768 2 ปีที่แล้ว +2

    Since I watch this channel that's talks about NFTs alot, I now get several ads for NFT projects.
    On one hand I have to deal with shitty annoying ads.
    On the other...these are pretty funny videos.

  • @psycthom
    @psycthom 2 ปีที่แล้ว +3

    I could be wrong about this - I believe the popularity of Apes comes from Reddits wallstreetbets and the 'meme stock' stuff from earlier 2021. The redditors called themselves 'dumb apes' holding things 'to the moon'' I believe cypto and NFT pushers have adopted similar terms to create the same sentiment

  • @cocobrez
    @cocobrez 2 ปีที่แล้ว +12

    Once again I would rather flush money down the toilet than give it to some influencer for NFT.

  • @kkplx
    @kkplx 2 ปีที่แล้ว +2

    Apes are a focus due to the Gamestop period, were the meme "Apes together strong" was used to represent the mainsteam framing of gamestop holders as idiots (apes) that were messing with the "big guys".
    An underdog meme, if you will

  • @vladoportos
    @vladoportos 2 ปีที่แล้ว +3

    No question the shills and the owner stealing all the money is bad.... but who the hell is buying this NFT's, very hard to feel anything for people who lost money on NFTs.... pretty much anything 99.99999% that have NFT anywhere in their project is scam and just after your money....

  • @dang.9209
    @dang.9209 2 ปีที่แล้ว +3

    15:46 Guess this guy's not going to Cryptoland.

    • @TheR6R6R
      @TheR6R6R 2 ปีที่แล้ว

      underrated comment

  • @ailurusfulgens1849
    @ailurusfulgens1849 2 ปีที่แล้ว +14

    But wait, isn't the whole point about NFTs that they're valuable because they're limited and thus rare ? Surely, if they burnt half the NFTs, there's even less of them, making them more rare.
    Why aren't they doubling in price then ?

    • @raafmaat
      @raafmaat 2 ปีที่แล้ว +6

      when minting the price for each is a set price, in this case it was 0.15 to mint one.
      people believed there was 8000x0.15 in circulation , so burning half would not trigger a pricedrop if it was done in secret.
      thing is, you cant do much in secret on a blockchain, people tracked the wallets and figured out what was happening, thus in a panic everyone was willing to sell their apes at super low prices just to get out, thats where they at now

    • @Darkrage2
      @Darkrage2 2 ปีที่แล้ว +7

      They are sold to raise funds for a “goal” or “dream” so by stopping mid way they basically admit they are not even trying to get the funds required for there goals.
      Also were they burned because not enough people were buying them. So by doing the burn they also showed to the world that there NFT are not popular. Would you pay a lot for a “rare” item that is neither popular or trustworthy?

  • @etopowertwon
    @etopowertwon 2 ปีที่แล้ว +1

    I still don't understand why you would want to pay money for nft in the first place.

  • @hypeconquest6955
    @hypeconquest6955 2 ปีที่แล้ว +2

    We all know that if they can do it once they can do it again.

  • @Torjax
    @Torjax 2 ปีที่แล้ว +9

    You're a content God, Kira.

  • @yujiboo89
    @yujiboo89 2 ปีที่แล้ว +1

    I think that the apes are popular because of Gamestop. When r/wallstreetbets was trying to get Gamestop up, they posted "ape together strong, " from planet of the apes. BAYC started being a thing shortly after that so I wouldn't be surprised if that's what made it popular.

  • @thrrax
    @thrrax 2 ปีที่แล้ว

    Most people are sheep and they need to feel powerless and guided.

  • @bobdrooples
    @bobdrooples 2 ปีที่แล้ว +1

    If ever an ape was only a monkey, it's this lot.

  • @falkz.5234
    @falkz.5234 2 ปีที่แล้ว +3

    Who are those people? Who spends serious money on these kind of things nowadays?
    I'm really lost. I don't grasp the psychology of the people who spend real world money on nothing. I don't get it. I am kinda frightened by it. It isn't a good outlook for the future.
    Again, citing Butch Cassidy "Who are those guys?" (Great movie btw. Always worth a watch. Ahhhh heck, I'll be watching it now) Good bye.

    • @fjardim14
      @fjardim14 2 ปีที่แล้ว +1

      People who don't have the $100k or more that it takes to start a real business or invest in stocks, but still want to be 'winners', 'entrepreneurs', etc.
      So namely the fragile middle class that has no perspectives after the 2008 crash.

  • @Kementeri
    @Kementeri 2 ปีที่แล้ว

    Literally had an nft ad on this video, cannot escape this shit

  • @Damaged7
    @Damaged7 ปีที่แล้ว

    In gaming, shilling is very hard to actually identify because its the default label to throw on anyone who likes something you don't.

  • @Kiwirnango
    @Kiwirnango 2 ปีที่แล้ว +1

    A fool and his money are soon parted

  • @Colddirector
    @Colddirector 2 ปีที่แล้ว +2

    I don't know how they managed it, but those "Jacked" apes somehow look worse than the bored apes.

  • @Pseudophonist
    @Pseudophonist 2 ปีที่แล้ว

    This is called embezzlement

  • @CrosswaIk
    @CrosswaIk 2 ปีที่แล้ว

    Well hold on, I wanna know more about that dull playground in London.

  • @miklov
    @miklov 2 ปีที่แล้ว +1

    Would be interesting to do a case study on incidents where the burn address way later after some coin has died down suddenly had outgoing transactions. It seems likely that the burn address is not actually inaccessible. The entire concept of burning seems quite flawed. "Mint `X` coins, burn `X × fraction` of them, they are now rare, value goes up."

  • @christianlewis6789
    @christianlewis6789 2 ปีที่แล้ว

    It's the same with not disclosing in the US. That's why Bella Hadid and other models who were in the Fyre Fest promo videos were liable, as they didn't include the hashtag "ad" in their SM posts

  • @robertkerr4199
    @robertkerr4199 2 ปีที่แล้ว

    They are obsessed with apes as a nod to Harambe

  • @Valiere2024
    @Valiere2024 2 ปีที่แล้ว +1

    LOL the founders are literal kids. This is hilarious.

  • @YangYang-rh8uy
    @YangYang-rh8uy 2 ปีที่แล้ว +1

    At this point of the show, I'm getting too numb at these dramas that I even think this is not that worse.

  • @williamrhea-banker3005
    @williamrhea-banker3005 2 ปีที่แล้ว

    If burning is what you described, I feel like that should be considered as serious as printing/destroying money. That is essentially what it is, just over the computer.

  • @AquaCoalaNest
    @AquaCoalaNest 2 ปีที่แล้ว +1

    I just can't anymore....
    As a scientist I'm struggling to survive every month, earning like 470 bucks per month, most of it goes for rent. And people just get rich left and right doing nothing.
    I just can't watch these anymore.

    • @Queldonus
      @Queldonus 2 ปีที่แล้ว +1

      I give myself the small comfort that its all gambling, and eventually the house always wins. I just hope the house burns down sooner rather than later.

  • @C000PE
    @C000PE 2 ปีที่แล้ว +3

    Yes! More! Found you today and be binging you for hours now :D
    Good content. TH-cam needs more creators like you!

  • @KingBasewyn
    @KingBasewyn ปีที่แล้ว

    If the general consensus is that NFT’s are scams, why people continue to spend money to get scammed? I can’t wrap my head around what the thought processes are here. Or how people can be so consistently be dense to be influenced, or convinced in a way that mimics the mad monk himself.

  • @jimmyzbike
    @jimmyzbike 2 ปีที่แล้ว

    No honor among thieves too true

  • @12346798Mann
    @12346798Mann 2 ปีที่แล้ว +1

    I'm truly considering creating some obvious scam NFT, maybe "you got scammed" jpegs in different colours? Those people just want to scammed, lets make it easy for them...

  • @X8551516
    @X8551516 2 ปีที่แล้ว +1

    The cope statement I always love from crypto bros is "I bought it for art", like, no tf you didn't, if you really wanted art for the art value, you would've commissioned someone to make you a custom piece which ironically would've costed a fraction of the price and been many times higher quality, but you didn't because it's not on the blockchain.

    • @williamdrum9899
      @williamdrum9899 ปีที่แล้ว

      I was considering making NFTs of my art but decided not to because:
      * I'm not famous enough for anyone to care
      * I didn't understand what's stopping someone from making an NFT of your NFT

  • @STG113
    @STG113 2 ปีที่แล้ว +3

    You wanna be richer than everyone else on the internet?
    All you need is to do nothing! Let them fall in scams and lose all their money while you keep yours. Victory!

  • @etan5716
    @etan5716 2 ปีที่แล้ว

    Brad took the idea during a fullsend podcast turned it into a scam, stole 1/4 mil and now got caught

  • @daveouterspace
    @daveouterspace ปีที่แล้ว +2

    Nft stands for nothing fucking there

  • @Silas_MN
    @Silas_MN 2 ปีที่แล้ว

    "I don't have what it takes to lead the project." sounds like code for "Please just let me get away with it, pretty please."

  • @111blacksun111
    @111blacksun111 2 ปีที่แล้ว

    a fool and his money are soon parted. i dont feel bad for these people what-so-ever.

  • @tyro6992
    @tyro6992 2 ปีที่แล้ว

    These people also wouldn't get off their high horse and keep saying copy paste shit like "NFT is the future"

  • @SpoojFritter
    @SpoojFritter 2 ปีที่แล้ว

    Apes = 'Aping In' (throwing money at something you know nothing about by following the crowd)

  • @tobiwonkanogy2975
    @tobiwonkanogy2975 2 ปีที่แล้ว

    declaring sponsored ads is also necessary in North America.

  • @DAKGOD4EVER
    @DAKGOD4EVER 2 ปีที่แล้ว +1

    nfts were setup as a scam from the start 10 rich people got together and thought this up over phone calls. crypto was already sketchy as hell this is way worse.

  • @LupinTelegar
    @LupinTelegar 2 ปีที่แล้ว +2

    Bunch of fucking clown shoes.
    Love these videos Kira. Reminds me of watching The Real Hustle back in the day to get a heads up on all the cons and scams going on.

  • @Mageetas
    @Mageetas 2 ปีที่แล้ว +2

    "NFT" is a medical term meaning non-functional testicle...lol

  • @tackjens
    @tackjens 2 ปีที่แล้ว +1

    dunno how people can fall for such obivouse scams?

  • @snakeplisskinable
    @snakeplisskinable 2 ปีที่แล้ว +1

    People who are influenced by so called influencers and think there is long term utility in jpegs of apes or whatever clearly don't deserve the wealth they're losing, I mean the scammers don't deserve it either but I just find this whole thing funny.

  • @SofaKingJAD3D
    @SofaKingJAD3D 2 ปีที่แล้ว +1

    The class action lawsuits are coming

  • @Direkin
    @Direkin 2 ปีที่แล้ว +1

    "Expose your fucking self bro". Preferably not in front of children, given that he's a cryptobro.

  • @dbensdrawinvids8390
    @dbensdrawinvids8390 2 ปีที่แล้ว

    Clout is a drug worse than cocaine.

  • @dalepalm1138
    @dalepalm1138 2 ปีที่แล้ว

    Lawsuits ALL AROUND...

  • @xian1978
    @xian1978 2 ปีที่แล้ว +1

    The funny thing about this NFT projects is that what they are promised, and are not given, doesn't sound so great in the first place.

  • @asmkalrizion7078
    @asmkalrizion7078 2 ปีที่แล้ว +2

    I assume its all about "Apes" not only because "Monke" but also because of "Ape" as in the investor "Ape" vs "Bull"