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TL;DR
During the last couple of weeks, a man by the identify of ‘Voshy’ launched the $GREED challenge.
He began tweeting issues like “Watch out of your greed; Greed can devour you,” and every time he tweeted, it simply made individuals extra bullish.
When individuals pressed ‘declare,’ on the airdrop it activated two issues: They had been airdropped 8,007,320,330 $GREED, and their Twitter account routinely tweeted an embarrassing warning to others.
The entire level of this challenge was to see how far individuals would go for the potential to make some cash – the challenge was actually referred to as $GREED.
Full Story
The following season of Black Mirror is ready to come back out in a few month – however you coulda fooled us if we weren’t already in it.
During the last couple of weeks, a man by the identify of Ivor Ivosevic (he goes by ‘Voshy’ though ‘Ivo Ivo’ is manner cooler) launched the $GREED challenge.
He did not actually imply to launch the $GREED challenge, it merely began with a tweet saying: “Are you guys prepared for $GREED? Notifications on, subsequent publish is a very powerful one for the airdrop. All interactions with this tweet will likely be recorded.”
The following day Voshy tweeted: “Doing it for the $GREED” sparking lots of of DM’s from individuals asking to purchase the $GREED token within the pre-sale.
Drawback was, the token did not even exist!
“No person requested me what the token was or what it was going to be. All people simply f**king threw out a quantity that they had been able to ship me straight away,” Voshy stated.
He did not need to take their cash, however he did make the $GREED token actual.
He began tweeting issues like “Watch out of your greed; Greed can devour you,” and every time he tweeted, it simply made individuals extra bullish.
Behind the scenes, Voshy’s builders created the $GREED token which had a mechanism that will let individuals obtain it, however by no means allow them to transfer it out of their wallets.
With a view to obtain the airdrop, individuals must give Voshy permission to publish to Twitter on their behalf (in addition to a bunch of different dodgy sounding safety concessions).
Then, on Friday, the airdrop occurred.
When individuals pressed ‘declare,’ it activated two issues: They had been airdropped 8,007,320,330 $GREED, and their Twitter account routinely tweeted an embarrassing warning to others.
So what does this social experiment train us?
First off, individuals on the web like to attempt to make a fast buck.
For each fortunate one that made a 5,000,000% revenue on PEPE, 1000’s of individuals lose cash to insiders, scams and buying and selling bots.
The entire level of this challenge was to see how far individuals would go for the potential to make some cash – the challenge was actually referred to as $GREED.
The web generally is a darkish and scary place.
The excellent news is, similar to buying and selling shares, in case you wager on crypto tasks with strong fundamentals that add worth to the world, the possibilities of scams are far much less possible.
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