06/02/2023 YouTuber baits MMA fighter into secretly shilling fake NFTs for $1K

Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the advertisement.

YouTuber baits MMA fighter into secretly shilling fake NFTs for $1K

While the support from numerous A-list celebrities expedited thenonfungible token (NFT)boom of 2021 and 2022, somepromoted unvetted projects to fanswithout knowing if they were legitimate or scams. The practice retains its popularity in 2023 as markets recover.

In the promotion, Danis tweeted out a digital image with a website URL, which, according to Coffeezilla, “literally spells out S.C.A.M.” A further investigation from Cointelegraph shows that the website was newly created on Feb. 1, 2023 — an important clue to check when checking the credibility of new projects.

Moreover, the website FAQ mentions that no investors can get hold of the “Sourz” NFTs, a crucial piece of information overlooked by the MMA fighter.

4e9878f1-b13c-4b6f-9a2c-2627092a5185.pngSourzNFT FAQ highlighting that no users can get the NFTs.Source: sourznft.com (CoffeeZilla)

A similar incident involving Kim Kardashian was flagged in June 2021 by the United States Securities and Exchange Commission (SEC) when shepromoted EthereumMax (EMAX) crypto token to her 330 million Instagramfollowers. According to the SEC, Kardashian violated the anti-touting provision of the Securities Act by failing to disclose the $250,000 she had received for the promotion.

However, Coffeezilla ensured that the users who fell for the scam NFT project were notified immediately. When usersclickthe “Mint Sourz” button (as shown in the above screenshot), they are redirected to a website that cautions against a possible scam.

7e8a5ba4-d9ca-472e-aff6-763c44333e2e.pngA webpage showcasing crypto projects previously promoted by MMA fighterDillon Danis. Source:sourznft.com (CoffeeZilla)

While Coffeezilla plans to share more information through a follow-up video, the incident is a strong reminder for influencers and investors to do their own research before promoting or investing in a project.

Little Shapes NFT, a project launched in Nov. 2021, was a “social experiment” designed to shed light on large-scale NFT bot network scams on Twitter, according to pseudonymous founder Atto.

“I needed a story that sells to make sure no one would ignore a story that hurts,” explained Atto when explaining his intent behind launching the NFT project.

Little Shapes was marketed as an upcoming avatar-style project with 4,444 NFTs that would allow owners to interact and change the artwork in real time.

Arts

https://cointelegraph.com/news/little-shapes-was-a-social-experiment-to-expose-nft-botnets-founder

Interesting NFTs
MVP #56
TO THE SEA & TO THE MOON
Crypto Toy Coin
This piece represents the creation of a new "Visual Toy", a term created by me to encompass my unique and exclusive GIF-Arts. The latter, "Crypto Toy Coin" is the only and first in the cryptocurrency theme. In it I represent the fast-paced world of finance in the virtual environment, the Internet with its universe of colors and infinite visual impact, an optimistic and exciting future, a world of possibilities that opens before us. These "Visual Toys" invite you to imagine, that is their function, that is the game. The ultimate goal is that you imagine, that it is you who gives it meaning. There are no good or bad answers, just the projection of each one. I've only created the trigger, the piece where you can project your imagination and let it fly.
Right Place & Right Time (bitcoin hourly price offset)
Each day, a new composition for the Master is generated autonomously using a data feed of Bitcoin's last 24 hours of price action. Each hour's price programmatically controls rotation, scale, and position of a correlating layer. Astute viewers will surmise the day's price volatility simply by examining the artwork. While the daily image generation is the result of autonomous API calls, utilizing an algorithm the artist wrote, the artist has chosen to retain a control token. This token allows him to fine-tune variables associated with his algorithm, in addition to addressing aesthetic concerns within the life-cycle of the artwork. Layer state, alpha, hue, saturation, and brightness are elements the artist has retained control of in order that this artwork remain a living work-in-progress. An earlier iteration of this artwork was featured as a nightly projection mapping video on the face of the Daniels Fisher Clocktower, as part of ETH Denver 2020. Access to this and additional exclusive content awaits the master token owner at the artist's NFT Portal: https://collect.mattkane.com/minted-works/right-place-right-time-bitcoin-hourly-price-offset/
Who's in control?
In a society where everyone wants to control everyone, who's in control? "Who's in control?" is a mirror of a controlling society, a futuristic vision of a current reality. Artwork with three different states in all Layers (day, night and sunset) allows owners to make different combinations and show who is in control of this artwork! *** Scanning this artwork with the ARize app [https://arize.io/] will trigger an AR video experience*** ***Music used in the videoart by Midranger (feat. Holly Drummond) - "Unrequited" ***
#46216
By OthersideDeployer