The (un)Believable Reality of CRYPTOLAND
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- เผยแพร่เมื่อ 12 ม.ค. 2022
- UPDATE: Right as I posted this, another Real estate company finally responded. They said:
"Thank you for reaching out regarding Nananu I cake which I have listed .
This island was under a confidential contract for around six plus months and any body enquiring were advised that this was the case and could possibly put in a back up offer in the event the contract did not proceed and complete.
It is now out of contract and is available to purchase at a list price of US$12m.
Please note that to submit a master plan for approval ,it is mandatory that the party has a sale and purchase agreement in place.
I trust this helps answer your questions."
This further confirms that they are NOT ALLOWED to build on the Fiji island, and their entire project is dead in the water.
Cryptoland is a story of fraud, deception and lies. The Fyre Festival of digital finance... this island is home to everything from millionaire mansions, to false promotional videos, and illegal transactions.
Cryptocurrency will have a future, but this island in Fiji is not the haven it pretends to be, it is something far less real.
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I think its very forward thinking of them to introduce the first gay M&M as a mascot.
Let's also not forget the fact that Cryptoland is using people's likeness (Carlos Matos) without permission as well as outright using video game music which is presumably copyrighted (Super Mario Bros.) almost certainly without permission. If Nintendo catches onto this, I won't be able to help myself, I will be cheering for Nintendo's legal team to sue Cryptoland out of existence.
These kinds of vids are your spot. 👍👍
I can imagine that these brokers finding it not really funny that there is someone who is trying to sell their island.
sorry for writing this here, but it's only possibiliy, you will notice XD
Bartosz Domiczek sounds like polish name and must be pronounced somewhat like: Bartosh Domichek
mostly sz = sh and cz = ch
have a nice weekend!
The real tragedy is that someone had to come up with a name for a crypto-obsessed island and no one thought to call it Cryptopia
There's the real scam right there
Creeptopia
NOT YOUR KEYS NOT YOUR BITCOIN
if this took 30 people 1 year to complete
- in 'man-hours' of work that equates to the product of the best part of 1 person in the developed world's entire working life (by time appropriately skilled up) fml
Crypto bros aren't known for creativity
Isn't this a perfect representation of NFTs... Certificates of ownership to something you do not own.
Have this satellite image of your plot
I'm certain my avatar has been "converted" into a NFT already.
Yeah that's the HUGE misconception among the general population, that you're actually purchasing an actual item when you buy an NFT. You do not *_own_* the item associated with your NFT, you just own the NFT _to_ it. All an NFT really is is a glorified spot on a database, and in order to sell you that spot they "associate" it with something, whether that be an image, a song, a link, whatever. If something happens to that associated item, you *_do not_* have any recourse on it because you *_do not own it._* This is the big thing people need to learn when it comes to NFTs.
@@w00tyd00d It's like going to a grocery store and buying some food only to leave with the receipt of all the stuff you've bought, but not the actual stuff.
@@DrizzyB Thats right
"I am not a US citizen, resident or green card holder" looks like someone is afraid of getting sued in the US once the scam unravels.
Ha ha ha they fear centralized governments.
It's also because the US apparently cracked down hard on timeshare contracts/scams recently. Selling land that you don't own is now very illegal instead of illegal.
They probably think that if nobody in the U.S is involved when it goes bust then they can't be sued. Unfortunately they can be sued by non-citizens if those non-citizens take the right steps. and could even potentially be sued in certain other countries.
I don't think EU will meet them with open hands in the court :D :D
Also, I think what they're afraid of here isn't civil suits, but charges brought by the state upon learning of these illegal transactions. It's not very difficult to fend off civil suits by way of underhanded trickery a la "the why paper". "You have misled me, your customer :(" is a much harder case to bring than "you have committed felony fraud according to USC §123 section a, b and c, put your hands behind your back".
The most epic prank ever would be if someone came in and bought the island before they gather enough money to buy it
I wish these islands could come under the protection of a reputable wildlife association, uninhabited island ecosystems are often full of unique creatures that don't live on the mainland (anymore), and scams like Crytoland would buldoze all of it if they got the funds to buy the island.
@@tessabakker662 If you buy an island like this, you won't have your own country, still under the law of Fiji.
@@AquaCoalaNest i mean, thats why you get your PMC running first
@@oz_jones lmao
@@maverickfalcon4856 Or enough nuclear material laid into the soil to turn the place into Fallout, or Metro.
Protip: if it involves private islands and luxury, it's a scam.
Or worse. Epstein didn’t kill himself because he scammed anyone after all.
Yeah or a 60s-era Bond Villain.
Still shouldnt give them your credit card info 😕
@@emberfist8347 Maybe if you define scam as to include "operating a blackmail ring using child prostitution".
Or you actually just have $5000000000 to throw around. But at that point you just buy the island, not a cryptoplot on one
Eh Fyre Festival
Not gonna lie, a part of me wants to see Cryptoland go through, and then turn into a Jurassic Park style disaster.
More like galt's gulch chile but with worse outcomes
Giant animated coins eating people
@@NintendoDude360 yea this definitely has some shitty atlas shrugged vibes
Lord of the flies but with adults.
A shittier Rapture from Bioshock.
There needs to be some real jailtime for these crypto/nft scams. Its pure cancer.
why jail them if they can be publicly executed and streaming it on all nft/crypto channels to give clear message to these scumbags,
@@ayanned murder is going to far, fraud is punished by jail time.
No no no I say we use profits from the legal battles against these scum bags to hire someone to *Take Care of them*
Well if they can’t be put in prison you could also inform Nintendo and Disney that the Cryptoland video uses some of their copyrighted material. It’d be fun to watch their large legal teams crush Cryptoland on see their video get struck down with a copyright strike.
@@nobody4y execution is a sweet release compared to life imprisonment with jail labor w/o parole for these urbanite frauds.
also, these scums can't be reformed so punitive justice is the way.
That coin man giving Clippy a run for his money as the mascot of cosmic horror
You take that back, sir! Clippy was great and cute.
I always liked Clippy as a child.
That's an insult to Clippy, especially when you look at the variations of this coin monstrosity.
Looks like you're trying to insult a beloved icon.
() Get help with insulting clippy
()Just type the insult without help
[] Do not show this again.
The DK CGI cartoon is pretty uncanny
Sounds like Fyre festival with extra steps.
😆
He already said it in the video.
Someone call IH.
This scam is less about selling the island plot NFTs and more about selling the mint of the 10K NFT collection. Which they already have done and walked away with millions in ETH from said mint. Total rugpull.
Exactly. It's like an old fashioned multi level marketing scam where you earn the bulk of your money on the entry level backers. The whole purpose is about stealing from poor people.
The name "Cryptoland" just sounds like a scam already lol
Only slightly less so than "Reddit Island"
I sooner believe in Google Island or Facebook Mountain. They certainly have the money to buy land that big.
Because it was.
In our country some guy made a coin called BSG and named the group cryptoland.
Turned out he held like 80% of the supply and he was arrested which made everyone panic sell.
Basically Frye Festival 3.0 lol
Bitconeeeeect
I remember looking into this and realizing it was a scam once I learned the island in question was still for sale
That's the point you realized it was a scam?
Wow. I mean how do you not realize it from the name alone?
And the incredible level of cringe
@@Timboman2000 To be fair, the world is a clown world at this point in time.
I don’t quite remember the point where I realised that Cryptoland was a scam. I know it came early on while I was watching the animated video. I didn’t understand what they were try to sell but I still sensed it was a scam.
I was confused because I couldn’t tell whether it was real land in the real world. It flagged up as impossible because the Island would be expensive. Private islands cost millions. But other problems would be even more expensive. The basic infrastructure such as sewage disposal, electricity, plumbing. How about actually building houses and facilities? Getting permissions from the local government? What about medical care when people inevitably get sick of injured?
With these thoughts in the background as I watched the video, I suppose I concluded that Cryptoland couldn’t operate in the real world so I assumed it was a virtual island. But even that confused me. Games where you can build your own island have been around for years. The Sim City series for example. One of the Civilisation type games. Even games like Spore lets you customise the planets you colonised like choosing sky and terrain colours in Space stage and cities in both Civilisation and Space stages.
Or if the point of Cryptoland was to immerse yourself in a virtual world has been done by Second Life. Even games like Skyrim or Fallout almost lets you live a virtual life due to the attention to detail. For example in Skyrim you can ignore the main quest and live close to a virtual life as a wandering adventuring mercenary.
It took some people in the comments of KiraTV’s video for me to comprehend what was being sold. That it is in the real world as an island close to Fiji. An island up for sale for 12 million dollars. That Cryptoland is selling parcels of land that it doesn’t actually own.
As a side note I still don’t think I fully understand what an NFT actually is. They seem absolutely worthless to me.
@@Timboman2000 seriously, the name screams scam the second you see it.
Apart from the infamous "Age of Consent" tweet, that pretty much covers it. Thank you for enlightening everyone in this concise matter UEG.
He also missed the cease and desist sent to someone that clearly wasn't written by a lawyer.
@@rubikmonat6589 Oh, and that guy whose likeness was being used in their god awful animation without permission.
...
Well, hey, good research is hard, & there's always room for a second video. ¯\_(ツ)_/¯
@@rubikmonat6589 "We are not impersonating anyone. Sending a letter of *cease and decease* is a perfectly legit tool to ask a person to stop spreading misinformation."
@@rubikmonat6589 *Cease and Decease
@@DaReelSlimN80 go find the definitions of "desist" and "decease" on a dictionary site, and if you have any guts at all come back and repeat them in a reply to me. Then apologise (if you're serious, if you're having a laugh, nice one you got me)
Posted this on other videos but it bears repeating. I work for a certain music festival in Britain. There's roughly 90,000 punters and 26,000 staff to accommodate them. Basically the whole endeavour runs pretty much likea self-contained city for a long weekend. Banks, health centres and so on. The point is that the resources involved are staggering. If you look at any aerial photo you'll see how much of it is for customers and how much is for traders and stadd and infrastructure.
When I saw their map of the island they don't own, I laughed because you should at LEAST half that island and the bigger half should be for insfrastructure. There's no tenable port and no airport or anythig and zero room for the staff they will need.
And that hilarious "restaurant" with food a 12-year old would want speaks volumes. This will never work even if it got funded. These people haven't the first clue. They won't even get planning permission.
Reminder that their official twitter outright stated "mental maturity should be more than enough" when asked about age of consent on the island.
I mean, yeah, but given you and your people have now TWICE RE-ELECTED a blackface wearing, pedo apologist? Eh, it's kinda awkward coming from you.
@@caslaBBalsac Bold of you to imply I don't want Trudeau dumped on a remote Pacific island to starve. Also bold of you to imply I'd vote for communists in the first place.
@@hyperdimensionbliss
I'll believe you when your people storm his palace and burn him at the stake, NOT before.
@@caslaBBalsac It's almost like the president of a country doesn't represent the ideals of every citizen! Wow, such a crazy concept!
@@Mouse_Librarian I know you're right, but it's hard for me, they didn't just re-elected that monster, they did it TWICE.
That's beyond not okay.
I just hope the 30 "Disney-level" animators that got themselves involved animating the promotional movie got paid decently/they got a job for a year working on this....
Never thought to see you here. Love your animations!
If this is what they came up in a year, they starved to death already.
Terribly lit... Composed and animated.
@@brandoncyoung Yet still better animated than Ex-Arm. I know, low bar, but still.
@@darwinxavier3516 hahahaa yeah very true.
Within the first 2-3 minutes, i wondered if they would accept FYRE festival wristbands as payment. LOL
The guy who made the 3D shitshow (the video that "30 pixar-level artists worked on for a year") probably got paid with the wristband... xD
I've been following this with other TH-camrs so I'm glad you picked it up. You videos are always so thorough and well researched. I look forward to seeing this new scam fall through.
Damn so no Lambo taxis?
Very good coverage. Brought to light some things I didn't know yet. I am also puzzled, how they want to build all the needed infrastructure.They need a small powerplant. They need a fresh water supply, they need fiber connection, they need plumbing and waste water treatment facilities, they need garbage disposal, potentially a small hospital with staff that needs to be paid. They likely need firefighters just in case. They need a police force. They need to have facilities where the staff that works for those crypto-bros can live and rest. They need groceries from a super market or mall type structure, that is nowhere to be seen in the plans for this. I really don't think the organizers of this have thought this through completely. Also, notice how they show off a Casino in the presentation, when gambling is banned in Fiji...
"Naah man just buy this jpeg everything will be there when you move in"
Shut up and stop making sense. Buy the NFT's, bring your friends into it, your parents, your old grandmother and her savings... And enjoooy!
The island already has all of that, it has a house on it, but there's a big difference of supplying just a house and a whole touristic complex
@@Ms666slayer I looked at the satelite images of that Island. I couldn't see either a water treatment plant, nor a power plant. I guess 1 house can cover power via solar. I don't think that is possible once all the houses are built, and they run a whole slew of mining rigs.
In crypto lingo, _educate_ means accuse people criticising crypto of being haters because they don't know crypto.
It's the equivalent of flat earthers' _do your own research_ = if you had seen my sources you would agree with me.
DYOR = Just take my word for it
What's incredible to me (besides the stupidity of the whole NFT/virtual land craze) is what these "Metaverse" places look like.
With games (like Re: Village and many others) brushing near-photorealistic graphics, these "metaverses" seem to have adopted the paper clip from Windows as their graphical style.
The bobble-head cartoony CRAP MS and lately Facebook (sorry, Meta) is trying to shove down the throats of ADULTS.
I swear that Fortnite looks 100x better than these expensive virtual spaces.
Do they really expect adult grown-ups to buy non-existent land and walk around looking like Woody from toy story? Sorry ... Woody in toy story looked better.
And to do what?
Out of curiosity I tried Decentraland a couple of days ago and I am sorry ... I don't get it.... visited an "event" of some robot figure shaking its arse, and attended a gallery of Doge-themed NFTs.
My 12 year old walked in, horror on his face, asking me what the hell I was doing "in that thing" and "why I was in there" ... ... and why it looked like crap :O
WHAT THE HELL is happening. Do people enjoy these "experiences"? I had more fun on IRC 30 years ago..... and in fact, AlphaWorld looked way better than some of these "metas" look 25 years later ....
Just my 2c ....
Now this might be a bit of a stretch (Not really its 99% the answer but)
Its because its cheap and easy as fuck to make.
Realistic ass graphics actually take time an effort and require actual talented artists and modelers, while these fuckheads just want to find the cheapest and easiest way out, so they can mass produce it and get it out as fast as possible with the least amount of money spent, aka they put literally zero effort to get the bare minimum
People that are into this nft garbage generally dont play games so they're more likely to fall into these scams. Why work hard on something if you get the same result? They're just gonna throw it all away in a few months anyway
they look this bad because having good graphics means good hardware which 99% of the world doesn't have
It's still early. It will evolve
@@RisingRevengeance you shouldn't assume things like that my dude
Damn, I was hoping Fyre Festival would get a season two!
This is like a spiritual sequel, can't wait
@@BBWahoo LOST 2.0
@@defaultdamaja
The Sequel to Lost you've all been waiting for: REKT
7:11 the coin is rambling in the guy's face and he's just staring blankly with 0 frames of animation.
He's not even blinking.
The first time I saw this, I thought it was a comedy sketch. We've seen similar types of social comedy done before.
But the longer it was out there, the worse and more real it got. Its insanity and the sooner it fails, the better.
Apart from everything mentioned there is also a big lack of infrastructure on this planned island. What if someone gets hurt or sick? Where do supplies come from? What about water, electricity, waste? This thing has red flags all over it.
Prepare for real life Hunger Games.
Usually those things don't show up in promotional videos like this
But still is pretty much a scam
Directly calling them out at the end of the video was a lovely touch.
Yes!!! You made my day, UE!!! Thanks for the video!!!
P.S. Also, you forgot to mention that they used likeness of Carlos Matos (I believe is his name) and he also threatened them to either contact him before his lawyer will get hold of the founders on this matter as he is not affiliated (and doesn't want to be) with the project. They also used music from GREASE, Aladdin, Mario Cart (I think) and Crazy Frog (among many others) without any proof they have bought the rights from the right holders to use them in commercial use as a company. Then they LIED about not stealing any assets on their Twitter.
Also also, they showcased a casino as part of their resort in the cartoon video, but casinos are illegal in Fiji even if they were allowed to build anything on that island or owned it.
Super Mario Bros.
There's a vending machine with a bunch of trademarked snacks too.
man i'm sure all those puns and injokes illustrating a close personal knowledge about crypto scams really helped assuage the fears of potential investors
they literally produly praise a statue of the bitconnect scam mastermind in there trailer and people think there not a scam?
LOL, at first I thought someone actually made an NFT MMO.
How sad is it that we live in a world where that's believable?
First thing I thought as well. We still got an absolute disaster though.
Isn't that what Earth 2 is supposed to be?
There is one of those too. It’s a vr game like vrchat but for crypto nerds and nft bros
It would be pretty funny if that was real
at least nft is worthless now
Huh, only 12 milion for such an island?
That's surprisingly low, at least compared to what I expected a private island to cost.
The poit is that there is nothing on it. The owner has to civilizize the whole thing at ground level. Like fresh/waste water pipes.
Its like buying a house for $1 in Detroit. Sounds good, but to make it an actual place to live would cost far more money.
@@eightlights4939 at least no one tries to shoot or rob you on the island. I‘m not ready for cyber detroit 2077
@@paolopappalardo9976 dont worry, the cops in cyberpunk 2077 were so good at their jobs well have nothing to worry about, as long as the criminal doesnt drive a block down the road
@@paolopappalardo9976 I actually looked at the sale listing - there IS a fairly large house on the island, complete with swimming pool, along with a very long jetty for mooring your boat. So if you bought it, you could move straight in. However, getting permission to develop an entire resort with hotels, restaurants, golf courses, and 60+ separate new houses is a TOTALLY different thing
"I consider myself an expert generalist" - big red flag right there!
🚩
I'm so confused, how does he think it's believable that he bought that island via NFT in the first place? Even in legal systems where you can just sell a deed willy-nilly (no idea if Fiji is like that), that deed is some actual document and not a crypto token. They often say legal systems haven't caught up with the new circumstances crypto introduces, yet we are expected to believe that a some faraway country lets you sell land on the blockchain?
Oh, this should be good.
Yep, fire festival pt. 2
It only gets better and better
I love how they dont have the island figured out but have made the full restaurant menu with crypto names on all the dishes.
As someone with adhd this makes them very relatable
NFT's of plot of land. If that does not smell like scam to you, I dont know what to say...
Well I can sell you an bridge or the Eiffel tower, throwing in an money copy machine if your fast.
Would be a VR neighborhood basically. Idea is kinda cool but VR adoption hasn't been as big as the corps though it would be
Let them keep up the inflationary death spiral and no one will be using the things. But hey the QE was great for STAWKZ
The reason why VR adoption hasn't taken off is the same reason it didn't take off 10 years ago. It's still 20-30 years of serious developement time before it really becomes truely viable. Before that point it's just a gimmick. and all they keep doing is releasing the gimmick in new ways because nobody wants to make it viable until after it's already taken off instead of before like they should.
@@Quandry1 Arguably, we could see it take off in the next 5-10. VR games are still lacking but they're definitely coming a far way, I don't think we're that far off from more mass adoption.
@@darrelsteinberg4127 Naah. the technology is still missing quite a bit. it's nowhere as horrendous as the last time there was a push for it. But it's still got a lot of growing to do. VR games being a bit lacking is an understatement when half of the "games" for the current version are proof of concept or hardware test demo's in effect.
@@Quandry1 Well, I guess only time will tell who is more right here.
I am so glad you're covering this... I can't wait to see how it all unfolds. :)
"educate people about crypto and dispel the misinformation", don't let your internet money be a scam and actually moderate the crypto community
KILLSHOT, thanks for the shoutout dude, this is getting so wild 😂
Another thing that wasn't mentioned in this video was that they are using the likeness of the man that is on the pinball machine without his explicit permission (or knowledge for that matter). In Callum's video he talked about how the guy was made aware of this and is supposedly going to start lawyering up if Crytpoland doesn't remove his voice and likeness from their promotional materials
They are using Eddie from Iron Maiden (their mascot), so this is gonna be one hell of a crash and burn they are going to face.
That sucks. The Bitconnect guy was a legit crypto scam that happened. The reference was literally showing that off and was the highlight of the animated short for me. I'd better download the animation in case of a c/d
"General Expert" carries the same energy as "Witchfinder General".
i love how savage your response to the cease and desist orders. just love it and all your content.
CEASE AND DECEASE! Almost sounds like they're goin to kill someone lol
Remind me never to get on this man's bad side... Phenomenal work.
I love this channel…. Thanks for everything you do!
Quite a few people doing videos on this, KiraTV and callum Upton mostly. Really busting this one open alongside earth2.
Everyone's been waiting for Upper Echelons take on Cryptoland.
I absolutely love me some investigative journalist UE
THIS is the content I love most from you
Great job! I cannot wait to see if they try denying/fighting any of this.
See? Journalism isn't dead. Well done my Dude.
It is just being oppressed if it doesn't align with the narrative in favor of the mainstream rhetoric.
Am in the only one who finds it odd that so many different crypto “games” are selling the same land? What happens if you buy Fiji in cryptoland AND E2?
E2 doesn't sell real land.
@@jerome1lm yea… but it’s still selling land… like, it’s profiting off of and “selling” something that is tied to something someone else owns.
What a paradox
Great video! Can't wait for more info. Can't get enough of you exposing these people.
Interesting video; thanks for the insight. Funny story about the QR code: you don't need to rotate it. In fact, the "correct" orientation is seen in the original, where the alignment squares are on each corner except the bottom right. That said, you can even flip it diagonally (across y = -x, keeping the alignment square absent from the bottom right) and it'll still read correctly.
Crypto is a scam in general.
So essentially "scam land". Sounds about right.
To anyone who hasn't actually seen the Cryptoland promotional video being referenced here: seriously, go to Callum Upton's channel and watch his reaction video for it. It's the most physically-cringy thing I've seen on the internet in a LONG time. It's WAY worse than this video makes it look.
Ahhh this just keeps getting better and better. Great job. I would love to see discovery happen on them.
Cool that you are also investigating. Destroy all the scammers!
2019: raid Area 51
2021: raid the capitol
2022: raid cryptoland
I am legitimately astonished that an island that big can go for such a low price as $12 million in the first place.
Surely there's got to be caveats. What do you actually own? What can you do with that land?
Could someone, say Robert Kotick, buy that land, remove all the greenery from it and build a prison on it?
No, it would still be subject to Fijis laws, which means that it would be subject to fijis environmental and zoning laws. A lot of people who got rich suddenly and buy something like an island get drained dry paying taxes and trying fruitlessly to navigate government bylaws to do literally ANYTHING with it
It's a barrier to a larger island so I'd be curious to see what the typhoons are like in the area; depending on the weather you may not be able to build anything at all for any real length of time.
The caveat is there's nothing there. So you'd need to build your own water, sanitation, sewer system, etc. Which would take years and cost billions
Bro, who does your thumbnails and intros? *How* are they so good?
>"A year of work"
>Can't shade properly.
>Can't do ambient occlusion properly.
>Can't do shadow-mapping properly.
>Can't take time out of their job-schedule to move on-screen eyes around, instead opting to keep them still and unblinking as the character's head moves about wildly.
that qr code wasn't rotated. your fixed version is. but they are laid out in a way that orientation doesn't matter - readers use the big squares to figure it out
Just curious: why are we not allowed to participate? Are there laws in place that made it necessary for Cryptoland to include the prohibition in its ToS?
Because if they allow rich americans into this, when it obviously falls through, those rich americans can afford really good lawyers and sue their soul out. So they add it in the TOS so that if any rich americans get involved they can point to the TOS and just say "No refunds". Other countries have worse legal systems that aren't as threatening. No chance some indian guy who gets scammed is going to get the indian legal system to chase up cryptoland. But americans will go to the ends of the earth to sue someone.
It's cheaper for them to exclude US citizens.
Probably because the FTC would clap their cheeks if we did
Thanks for the heads up and I definitely will be following on how this plays out
Outstanding work. Looking forward to further developments.
I Just wanted to thank you for the effort and good work you are doing, if there were more of you the world would be a few steps more on the right way.
*Investments now are a real stepping stone to success. But finding the right investment now isn't quite easy. Does anyone know what I will invest in and it will be profitable?💰💡*
*Invest in crypto* and in few months time you will be ecstatic about the decision you made today
This season has been really great 💰💰, I've been making maximum returns on my crypto investments all thanks to my expert Nick Maverick.
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Wow it shocked me seeing someone mention expert Nick, I thought I was the only one who trades with him his techniques are top-level
Trading crypto with expert Nick Maverick has been a game changer for me
2:40 "The hodlers of last Resort"
At first, I was like "That has to be 'HOLDERS.' Do the animators not know what spell-check is?" Upon further research, "hodler" is actual Crypto lingo.
Just don't be the last holder of the bag.
Amazing detective work! Love these types of videos!
Hell, this is going to be Fyre festival all over again.
*pulls out cinema-sized popcorn bucket, and prepares for the lulz*
If I had to guess, the plan is to earn enough from this to make out well, OR if in their dreams it actually caught on and they made enough to purchase the island they would be good for life.
Been tracking this via KiraTV, Callum Upton (completely agree he deserves more subs), and Bigfry. Glad you picked it up too I always enjoy your coverage. New intro was really well done too. Looked really clean. Also, wtf is "pixar-type" lmao
That "I'll cut my teeth on you" at the end, so glorious, so epic. Shivering all over 💚💚💚
I'm still waiting for a tv host to go "surprise! We made up crypto land to see how stupid people are"
Love yours & Callum's content! With his supreme technical skill and your impeccable research skills, no scammer on Earth (or Earth 2) would be able to hide from you.
You got a like and immediate sub from me.. cause of the end... you're just like me.. where you won't stop for anything to take somebody down and expose them and will put forth everything and go through the ringer and cut teeth to do it! I support that
Man, the 2020s really hit and turn the world into a real life Black Mirror episode
Its fun to see this scam unfold. This is like live art. The art of conning people big! The next fyre festival!
Love it when he's confident enough to dare them to come at him lol
Never heard of this island before this video, but this was a really interesting investigation
12 million for that island? I thought it would be way way more. If I had that kind of money I would buy that island, build a few houses there then charge people volunteer time on top of normal operating cost to vacation there. Think of a tourist place, six flags, where if you want to go you do still have to pay and all but you also have to spend 2 hours picking up trash in the park and around it. It would be amazing. Actually that would be an idea as well, get half price six flags entre fee if you join their 1 hour trash pick up tour.
Just an FYI, the clause forbidding US citizens is commonplace in all crypto projects, not really a red flag.
I just hope they know why its in there. People invested in crypto business knows why this issue is in why papers and understand it. If this project isnt a scam why would they deny and try to hide it.
@@misterymisterio8778 to not comply with US regulations... you're not going to play nice with the thing you're trying to destroy.
If you are an american dealing in crypto and you try to bring any american regulatory entity into the mix, whether you were actually conned or not, crypto projects will just say "we told you we didn't want you here, piss off". That's the gist of it.
American crypto youtubers usually hide the fact that this is the norm, dunno if this is them covering their asses or simply them not wanting their audience to know... but yeah, this is normal.
The actual red flag is that a crypto youtuber is shilling the project. If you heard about a crypto project on youtube, you should probably stay away from it.
@@warwizard1309 quality of the 3d animation, lol
The red flag is that an US citizen was able to buy in at 50% discount.
Yeah, it was odd to me that UE called that a red flag when the SEC is one of the most corrupt organizations of the US government. I mean, we just have to remember what happened with Gamestop...
He's a marketing tool. You get a muscle-bound square head and use him to advertise your scam to people who're afraid of being called beta males on the internet, then take their money.
"Nananu-i Cake Island"
I already hate this BIONICLE reboot.
I can't believe that I noticed this *JUST NOW*, after watching a dozen or so videos on this scam:
Compare the island on the drawing and Google Earth closely. Yeah. Apparently their plan also involves the *EXPANSION OF THE ISLAND BY 20% OR MORE*...
It's a landscaping project that would triple if not quintuple the absolute minimum level development and expense required.
Also, I'm pretty sure in one of Callum Upton's videos Chasset himself talks about spending 500K on the project, meaning he lacked even the presence of mind to consistently hide his shady dealings with Cryptoland, only remembering to do so for the thumbnail.
Dude this man does everything and goes above and beyond on his research he deserves way more credit
Channel remains underrated
Imagine how many people would get hurt if this went through
Is anyone surprised when this kind of thing turns out to be a scam?
Holy shit you're doing more journalism exposing these frauds than actual news sources for cryptocurrency markets.
My guy said bring it. much love great vid
good vid, but that last blast of overmodulation at the very end was out of line, brother.
5:52 That's not actually as much of a red flag as it might initially seem. It's actually extremely common even among legitimate businesses because of US laws that require any security to be registered with the SEC before they can be sold to US citizens. Registering with the SEC is expensive and time consuming so most non-US companies don't bother. As such if you look at any sort of financial offering from a company outside of the US, there's a pretty good chance that it starts with a bold, all-caps disclaimer about how the document is not to be distributed in the US or to US citizens.
Now, there are a bunch of other red flags that show this project is a scam but that is not one of them.
You are right but it doesnt necessarily have to do with the SEC, also the IRS can be a bitch with that. Has to do with lack of tax law homogenization and that if you are somehow under the taxation authority of the IRS suddenly people offering you things must adhere to alot more laws and they just might be to lazy to be IRS-compliant.
Love it. Once again, well done.
Good job on the investigative reporting.
No one talking about that new intro 🔥
I just heard the music in the beginning and thought: "What this was supposed to be an UEG video, not an Evan Royalty SCP movie" :D
Upper echelon doing the lords work as usual! Great video, thanks
This place would get raided by pirates in no time. "Look at me, I am NFT now."
🏴☠️
excellent content as always man !
‘30 professional Pixar type animators worked for a year’
And all the character models are literally store bought generic 3D assets…