That's not a great analogy because these crypto-scams don't have a centralized organization overseeing them to keep them "clean", so to speak, and it's by design. A better analogy would be something like this: you walk into a restaurant, and you see that people are eating literal garbage for prices that make even the best Michelin three star restaurants seem cheap, and when pointed out, the owner says "well, it's only a question of time before we become as big as McDonald's and Burger King, so that makes it all good".
There was a Twitter comment that Kira read in an Earth 2 video a while ago. Where a guy admitted that in 1 year he had been scammed 7 times & was convinced that E2 was a sound investment. Some people never learn.
I dunno. Judging by all the crypto bots that are totally not bots that I see on every video talking about crypto, they seem to think this is the next big thing and (insert name of the day here) knows whats up and can totally help people out. I mean, its not weird that the majority of "people" that are into crypto currency end up being bots that try to funnel people into a scam, right? Not weird or suspicious at all.
"Okay, what happened in blockchain recently?" "A land-trading metaverse game project turned out to be a scam." "Do you have any idea how little that narrows it down?"
Some people think the traditional “work hard” route is so stacked against them now that the only way out is through these moonshot crypto schemes. “Yeah, it’s a scam, but if I get in early i’ll be at the top of the pile and jump ship before it crashes.”
Exactly. I can absolutely empathize with them, in that respect. "Gee...everything that I've worked so hard for is taken from me. I have crippling finances, no health care, and if I so much as VISIT a dentist I'll have a lifetime of debt. My education is worthless without 15yrs of experience for an entry level job. ....might as well gamble it away, right?"
same reason Lotto gets called the 401k of Desperation - $10 a week into savings isn't going to save you from financial ruin or get you a down payment on a house before you hit retirement age. But that tiny long-shot at a *possibility* of having half a million dollars dropped into your bank account and erasing that mountain of debt? It can be incredibly alluring.
People back in the day would unionize and conduct nation-wide general strikes, if not full-blown revolutions, for much less than the conditions that push people into crypto. And historically speaking, revolutions and mass movements tend to be more successful than normalized individual gamblings.
What surprises me is that hasn't everyone that's into NFTs already been scammed at least once? How do the scammers keep finding new people to fool? Or is it just a small pool of 1000 people getting scammed over and over?
@@Souls4Roca Do people dump their investments into lottery tickets though? If you used traditional slots gambling I could understand, but in my experience no one pumps thousands and thousands into lottery tickets. It's more of a $5/10/20 a week sort of thing that's a novelty more than anything else.
I mean, there's a reason that when you fall for a phishing scam you're added to a spreadsheet of other people who also fell for it so you can be targetted in the future as a known victim, except with NFTs they don't even need to do any of the footwork, youtubers and twatter 'influencers' advertising it is the spearphishing instead of emails/SMS
The most surprising thing is this "NFT Game" had any game in it at all. Some limited alpha game play which is very minimal compared to promises is STILL more than most of the NFT "games" out there.
Kira, you should do a history video on the "world's smallest skyscraper". Conman drew up plans but didn't specify the measurements, pocketed the profits
One important part about the predatory nature of these things, is that it's a very common scam tactic to purposefully be obviously poorly created. Things like bad grammar in scam emails and other obvious incompetence tends to self screen out the people who are aware enough of the risks.
This is something I like to call the "cult screening". It's just like how small cults often have weird and off-putting initiation rituals and practices. These tend to turn the reasonable people away, leaving only the gullible and the desperate, who are much easier to manipulate into doing what the cult leader wants.
it would be better for them to incorporate and do it non-anonymously. then they could just pay the money to themselves as wages while 'working' on it and bankrupt the corporation to get out of fulfilling any promises.
@@lolasdm6959 that's where paying the taxes for the money comes in and 'working' on the game. it's no different from a startup that fails, basically. the point is that the corporate entity loses it's money legally to the people in exchange of work and then it's just not enough to make the game good/finished. it doesn't even matter if the product was logically impossible to make as long as you tried to make it. hell, in many euro countries you can get government to match the investment to some sum through tech funds. the point is to do it by the book so that the money you earn out of it is legally yours and clean, contributed to your retirement tax fund and everything. sure you need to pay the taxes but that's what you need to do anyway to make it squeky cleanly yours. tldr edit: the point is that it's not a 'scam', but you still had 300k salary for years out of it if you do it legally right selling 'collectible' nft's for a future game and pay _all_ taxes on the chain necessary.
I'm way past feeling any sympathy for "victims" of NFT scums, if you are that careless with your money you don't deserve to own it All of this is just entertainment to me now
"land trading strategy game" "mechanics similar to Sim City" ah yes, Sim City, that famous multiplayer strategy game where land trading is a core mechanic
Well the purpose of the "metaverse" (honestly dumb name) is to be VRChat+. Which is why it fails because VRChat is already VRChat+. The biggest issue is that they are marketing VR Chating when they should be trying to make a good working VR MMO.
@@Temperans Who would buy in to a static VR chat scheme when we can already chat while we're fighting Orcs, or competing in auto races or any other activity you can dream up?
@@Temperans Correction: The purpose of the Metaverse is to corner an emerging VR socialzation market, and to monopolize it the same way Facebook did before, so that The Zuck can continue to sell your data to advertisers.
@@SuperChaoticus ... Are you disagreeing, agreeing, or what? I literally have no idea what you post had to do with what I said people actually wanted: To play Aincrad or literally any of the other VRMMO people have thought of in books.
"Hello Metazins" I can not stop laughing at this. Also, your washer machine chime is the exact same as mine so I thought mine was done but was confused when I realized I never started it LMAO
I currently work professionally for a software engineering company branching out into video games. Said company has its hands in crypto. Y'all can probably guess what kind of game I'm working on, and I wish my employers would just get their heads out of their asses and see games for what they really are: pieces of art and not some product to be monetized. My colleagues are great people to work with and I'm compensated very well but I've had to contend with my ethics daily while working on this project. Worst part is they're well aware of the current Crypto NFT landscape and its reputation amongst gamers and they've been rug pulled a few times before themselves.
BUT at least you guys are working on a game. That’s better than 99% of other projects out there. I would probably hate it like you. No matter what. I know you didn’t get into development to work on an NFT game. But it could be worse.
@ஜெங் மிங்யாவ் well my scam job pays me way more than my peers in the same profession and lets me afford the life that I want mate. And even if I'm not fully on board with our project, the fact of the matter is that I still get chance to improve my game dev know how. My employers are also committed to expanding into game development from their usual software engineering projects so I can just pitch them our next game.
Kira, thanks for your coverage of these scum & their schemes. Considering people still fall for phone, email & job scams already, the same being for NFT scams is no surprise. Still the old Get-rich-quick scheme. Just not for the sucker at the down-line / bottom rung. The top gets richer, often at the end-users' expense.
I do have one NFT. Given out free to Duran Duran fans who'd booked tickets for some of their shows. Not assuming it has any significant financial value.
I wish I wasn't such a honest guy....I would make a NFT game too then, cash in those millions and then say "Byeeeee" and shut the game down. These guys are on to something, they are smarter then the Steam Early access scammers, they earn way more!
same, it would be so easy. it’s even better than an early access or kickstarter scam because you don’t actually need to deliver a playable game! just open up unreal engine and slap some premade assets around, maybe create a few 3d models of simple colorful characters to make it look more original, and now you’ve got the hottest new metaverse nft project!!!
@@itzYonko no problem, have fun! the only thing holding me back from doing an nft rug pull is that the minting fees are expensive and i would feel guilty about scamming people even if they’re wealthy gullible crypto bros lmao
Hmmm....... Wonder what happened to Dr. Disrespects fps nft game? Haven't seen anything about it since it was announced. Hopefully he came to his senses and bailed on it.
they probably bought a load of ETH for $10 and think investing is easy, So of course the next investment will be just as easy until its not and that ETH is gone along with all their money and of course a lot of them didn't pay tax on this money, so are caught between reporting and then having to deal with the tax man
I've been scammed 337 times in nft crypto things, but this next one looks like a real rocket! How do I still have any money? Take it all! Sell me that bridge!
ctrl+f "roadmap" 6 matches, 4 in the article, 3 of which are in the opening paragraphs, 1 in the conclusion - just to remind you they REALLY want people to know they got through that roadmap
Eight million, one hundred twenty eight thousand, nine hundred and eighty seven dollars and they couldn't even promise "mechanics similar to City Skylines. Smh.
It'll never not be funny to me that managing to actually release a token product as a smokescreen before running with the cash still puts sad, obvious scams like this in the top 10% of NFT game projects.
When countries build their entire economy on a single resource they are at risk of collapse when any decent downturn on that recourses occurs. Thats basically NFT games. They are entirely built around the popularity of NFTs while NFTs are built around popularity of NFTs. Plus, all NFT games are seem to be just gambling.
You should cover the NFTs that actually benefit its users and society at large. You won't find any of course but boy, it'll be huge news if you can find even one.
At this point I thinkthere are people who are simply genetically pre disposed to getting rug pulled the same way there are people that are simply born con men. The real struggle is keeping the two groups apart which sadly I believe to be impossible in the age of the internet.
Yeah, got very little sympathy for someone dropping 250k!! on nonsense like this. They somehow acquired the money, but failed to acquire any responsibility.
Hahaha bro your washing machine tune really messed me up, I was like I guess my wife started a wash earlier, then hearing it again and you commenting on it haha
I can't believe it. Everytime I invest all my money into an anonymous team of developers using unregulated currency to pay anonymous wallets the project turns out to be vaporware. Such bad luck. But I have a good feeling about the next time ...
In my opinion if you back projects like this and it flops or fails, you have every right to be angry but it's your fault for supporting these scams. It's clearly a tactic to get money and entirely built around greed not the product. If a product is real, it doesn't need to hide behind an NFT.
is "Rode" a sponsor? if not, I suggest changing your setup a little so the microphone doesnt lock 25% of the camera. Interesting video as always, very informative and "unexpected" lol.
Scams like these really make me wish I was more criminally oriented. At this point, if you are actually still buying in to NFTs, you deserve to get ripped off.
E2 is inspiration for all these scummy scamming people, how does this keep happening ? How does anyone truly believe that these people are going to bring you the BEST NFT project ever ? 🤣
I was very confused why my washing machine was finishing a program in the morning until I realised the stupid chime came from the video... I'm sorry you have to deal with the same annoying finishing song...
i remember years back paying for nft. i mean... paying for a big minecraft server plots of land... or a jail.... i think it was mostly a jail server. and people sold good jail spots for tons of cash. sometimes even traded them over skype and what not for real cash or other games. i sold my jail for quite a hefty sum. after a few weeks of playing.
Hypothetically, let’s say a community member takes this code & improves upon it causing a significant improvement in “players”, watch these guys suddenly do the quickest 180 in history, deny the open sourcing & throw decentralisation down the toilet by litigating ownership of the IP. Please let this happen if only for the LOL’s. If they had any confidence in the quality of the “game”, it’s mechanics or ideas they wouldn’t be giving it away. This is an open admission that the whole project concept is & always was valueless.
This reminded me of one of my friends who owns a smoke shop started making and trading his own NFTs. It's a bunch of 3d models of houses (I can't remember the name of his NFT's, sorry). In total they're all worth around 40k if he cashed out right then. I told him that he's gonna be wasting his money investing and that they're all scams. I couldn't properly explain to him why though because of how complicated these things are. It did make me feel really jealous though. I've always wanted to go to art school for animation and with 40k I would be able to afford the tuition out of pocket. Instead I'm filing for disability for mental health being unable to work regular jobs. I'm 24 and I still live with my parents and am completely dependent on them. I'm still trying to put my art out here for years and I never even get commissions. A bunch of my friends from high school were able to go and attend art college right after graduating. I can't imagine what my life would be like now if I could afford to go like they did.
i relate to your situation a lot… i’m 21 and stuck living with my shitty neglectful parents who won’t even let me apply for disability even though i have several diagnoses that are eligible for it. the only difference is i made the mistake of actually going to art school. my parents live near the college so i have to live with them and commute to classes until i graduate. if it’s any consolation, animation school is BRUTAL and you will not learn anything there that you couldn’t learn from skillshare or youtube tutorials. the only real benefits are the teachers with industry connections who can hopefully help you find jobs later, and getting to access some nice computers and equipment. so far i’ve put myself hundreds of thousands of dollars in debt by going to ringling college. it’s miserable here. the school’s culture is very toxic and competitive. i got kicked out of the animation major after 2 full years of being in it, because i got a 68% in one class. i had to pick a new major and start all over. i have no idea what will happen to me once i graduate because i took out so many student loans to go here, and i don’t even know if i’ll have a portfolio good enough to get me a job. having a degree doesn’t matter too much in these industries. a lot of the time employers care more about your portfolio and how well you advertise yourself. it takes a lot more work than ripping people off with nfts, but you can totally find some cheap or free online courses about animation and 3d modeling, and put together a portfolio that could hopefully at least get you an entry level job! id actually suggest doing that instead of going to art school which is really stressful and expensive. in my experience, animation school is not worth it. the skills you learn there can be learned from other sources that are more affordable and better for mental health.
@@stinky59 Funny Ringling was the exact college I wanted to go to if I had the money. I'm pretty close by the Art Institute but couldn't afford that either. Hearing your story though made me feel a bit better. I heard it was tough but didn't really know how tough it is. Things happen for a reason I guess. I am learning modeling and 3d animation in blender now and have an idea for a ps1 game I'm working on. Theres so many free programs and resources out here now I feel like degree's and stuff aren't really necessary anymore. I hope things will work out for you in the end. Sounds like you're going through hell. I've been there. Trust me, things do get better. It takes time and it'll make you a stronger person in the end. Btw for your disability claim, best bet you'll need a lawyer to foward your claim to the social security office, otherwise it will most of the time be rejected. I've been trying since 2016 so don't think you're doing anything wrong there.
@@l1z4rdon7 yeah you dodged a bullet! ringling is really tough on students, at least in the animation major because that’s what the school is known for. other majors are less competitive and im not as stressed out now that i’m in entertainment design. the campus isn’t great either, i have no idea where all that tuition money goes but it must not go to the facilities because the elevators and AC break down all the time and the food on campus is really bad. thanks for ur advice and good luck with your game! :D
@@stinky59 lol I have to go to Tom Nook to take out a house mortgage to afford tuition and the AC keeps breaking down? And in Florida no less, the worst state to be in without one. That alone just turned me right around and out of the country lol. Gods speed to you comrade. ;3
we have over $250,000 in Game NFTs. Be careful which games you invest in. We havent been rug pulled yet, and are very much looking forward to supporting a vibrant gaming community.
This was one of the fastest bursting economic/scam bubbles ever, and thank god for that. Just a year ago, the narrative was that NFTs are the future, and anyone not jumping onto the bandwagon will be left behind by the times. Now, the only time you ever hear about NFTs is when someone reports yet another "project" crashing, or yet another rug getting pulled. Good riddance, I say.
I wonder if in like 20 years some weird collector community will find remnants of these web3 projects and collect them as 'cult classic / retro' things for some reason. Like three generations from now BAYC will be like POGs. Or if any of these things would even be able to attain that 'low bar' of success.
The very concept of cryptocurrency is to replace the restriction of government and law with the restriction of technical limitations. The concept of NFTs from an economic perspective is to build on that by declaring yourself the only authority figure that matters in your own private world. Combine the two and you'd expect an typical NFT entrepreneur to want to do as they please with no risk of consequences. None of this is new, exactly (even the ideas behind cryptocurrency were lying unused for decades because while there are legitimate uses for them the real world hasn't created circumstances where they'd be relevant); it's just that a new generation is growing up with the usual growing pains.
Crypto was a noble idea but with how similar it is with the old financial system and human nature hasn't changed, it's bound to suffer the same flaws like the early stock market, to control and balance it regulations are needed, and with that we would've just walked full circle and wasted shitload of energy used for mining, helped criminal org to biggest money laundering in history, enriched a lucky few and a load of scammers.
Wait, so are you saying I can't go give them more money? How else am I supposed to dispose of all this extra money I have laying around and taking up space.
I hate when the health inspector comes to my restaurant and points out the spoiled food and roaches. I’m like “bro quit sabotaging my business!”
That's not a great analogy because these crypto-scams don't have a centralized organization overseeing them to keep them "clean", so to speak, and it's by design. A better analogy would be something like this: you walk into a restaurant, and you see that people are eating literal garbage for prices that make even the best Michelin three star restaurants seem cheap, and when pointed out, the owner says "well, it's only a question of time before we become as big as McDonald's and Burger King, so that makes it all good".
Or the cannibals
They also planted a rat.
I can picture the actual Mr. House saying this in New Vegas.
@@polygonvvitch "These new Mentats are bussin." ~ Zoomer-aware Mr. House
There was a Twitter comment that Kira read in an Earth 2 video a while ago. Where a guy admitted that in 1 year he had been scammed 7 times & was convinced that E2 was a sound investment. Some people never learn.
One if these gentlemen might be the legitimate wallet inspector, and boy are you gonna be in trouble if you don't comply with the inspection.
Sounds like a classic case of 'sunk cost fallacy' at play with that guy. Or, maybe a bad gambling addiction.
It's so bloody hard to get them out from this spiral because they refuse to believe others and cannot tell themself that they are wrong.
At that point you deserve all the money you lose, and everything that happens after that.
NGL, that sounds like a troll bot.
Wow so surprising an NFT project where the creators cut and run with the money? So unexpected.
yeah at this point it fits the definition of insanity...
No, really?
I dunno. Judging by all the crypto bots that are totally not bots that I see on every video talking about crypto, they seem to think this is the next big thing and (insert name of the day here) knows whats up and can totally help people out. I mean, its not weird that the majority of "people" that are into crypto currency end up being bots that try to funnel people into a scam, right? Not weird or suspicious at all.
Impossible
Until there's oversight crypto is largely going to be a haven for scams.
"Okay, what happened in blockchain recently?"
"A land-trading metaverse game project turned out to be a scam."
"Do you have any idea how little that narrows it down?"
Yeah, so true. There are so many that it's quite sad. But enriching yourself over bringing out a workable product = The Business of Crypto/NFTs, etc.
Lol!!
"You already narrowed it down by saying 'recently', what more do you want?"
"THIS time will be different."
-- Every future victim of cryptoscam ever.
Previous/future* victim. In reality they keep scaming the same people 💀
Caspiens long lost brother, Beremy.
He really resembles his brother Caspian. The only difference I could see is he had a bushy moustache and eyebrows, a big nose, and glasses.
Some people think the traditional “work hard” route is so stacked against them now that the only way out is through these moonshot crypto schemes. “Yeah, it’s a scam, but if I get in early i’ll be at the top of the pile and jump ship before it crashes.”
Exactly. I can absolutely empathize with them, in that respect.
"Gee...everything that I've worked so hard for is taken from me. I have crippling finances, no health care, and if I so much as VISIT a dentist I'll have a lifetime of debt. My education is worthless without 15yrs of experience for an entry level job.
....might as well gamble it away, right?"
What I learned early living that sort of life is that if there is a winner in a gamble then it's not going to be me.
same reason Lotto gets called the 401k of Desperation - $10 a week into savings isn't going to save you from financial ruin or get you a down payment on a house before you hit retirement age. But that tiny long-shot at a *possibility* of having half a million dollars dropped into your bank account and erasing that mountain of debt? It can be incredibly alluring.
Capitalism is so great
People back in the day would unionize and conduct nation-wide general strikes, if not full-blown revolutions, for much less than the conditions that push people into crypto.
And historically speaking, revolutions and mass movements tend to be more successful than normalized individual gamblings.
What surprises me is that hasn't everyone that's into NFTs already been scammed at least once? How do the scammers keep finding new people to fool? Or is it just a small pool of 1000 people getting scammed over and over?
They always think that this time it is for real and they get rich.
Why do people keep buying lottery tickets!?
I mean listening to the grown adults who got scammed by logan paul they're still investing in the space
@@Souls4Roca Do people dump their investments into lottery tickets though? If you used traditional slots gambling I could understand, but in my experience no one pumps thousands and thousands into lottery tickets. It's more of a $5/10/20 a week sort of thing that's a novelty more than anything else.
I mean, there's a reason that when you fall for a phishing scam you're added to a spreadsheet of other people who also fell for it so you can be targetted in the future as a known victim, except with NFTs they don't even need to do any of the footwork, youtubers and twatter 'influencers' advertising it is the spearphishing instead of emails/SMS
The most surprising thing is this "NFT Game" had any game in it at all. Some limited alpha game play which is very minimal compared to promises is STILL more than most of the NFT "games" out there.
Kira, you should do a history video on the "world's smallest skyscraper". Conman drew up plans but didn't specify the measurements, pocketed the profits
One important part about the predatory nature of these things, is that it's a very common scam tactic to purposefully be obviously poorly created. Things like bad grammar in scam emails and other obvious incompetence tends to self screen out the people who are aware enough of the risks.
This is something I like to call the "cult screening". It's just like how small cults often have weird and off-putting initiation rituals and practices. These tend to turn the reasonable people away, leaving only the gullible and the desperate, who are much easier to manipulate into doing what the cult leader wants.
Yep I remember learning about that with the 419 scams
“Creators s dismissed community criticism as FUD” Well of course they did. Favorite word of the Cryptobros after moon and hodl.
HFSP
Yet they never use "rug pull" until it's too late.
The last word of that mantra there is doubt, you need that if you wanna do critical thinking.
It's like the third favorite right after diamond hands.
Imagine a restaurant serving rancid food that made people ill said something as stupid as "that's just FUD" if you pointed out said fact.
it would be better for them to incorporate and do it non-anonymously. then they could just pay the money to themselves as wages while 'working' on it and bankrupt the corporation to get out of fulfilling any promises.
Jeremy!
I am pretty sure there are laws against that, anyone can figure something like this out this is obviously fraud
That'd mean having to pay taxes and possibly regulatory hurdles.
@@jonesjohnson6301 YES they would, but that's what makes the money CLEAN and legally in their bank account.
@@lolasdm6959 that's where paying the taxes for the money comes in and 'working' on the game.
it's no different from a startup that fails, basically. the point is that the corporate entity loses it's money legally to the people in exchange of work and then it's just not enough to make the game good/finished. it doesn't even matter if the product was logically impossible to make as long as you tried to make it.
hell, in many euro countries you can get government to match the investment to some sum through tech funds. the point is to do it by the book so that the money you earn out of it is legally yours and clean, contributed to your retirement tax fund and everything. sure you need to pay the taxes but that's what you need to do anyway to make it squeky cleanly yours.
tldr edit: the point is that it's not a 'scam', but you still had 300k salary for years out of it if you do it legally right selling 'collectible' nft's for a future game and pay _all_ taxes on the chain necessary.
I'm way past feeling any sympathy for "victims" of NFT scums, if you are that careless with your money you don't deserve to own it
All of this is just entertainment to me now
Yup. At this point people who fall for these are uninformed and didn't do any research before buying in.
"land trading strategy game"
"mechanics similar to Sim City"
ah yes, Sim City, that famous multiplayer strategy game where land trading is a core mechanic
Yeah remember how that sim city game that did the mutiplayer went?
I think it is funny that they see all these NFT projects being a scam, but some still invest in them, thinking this one will not do it xD
Ah yes. The classic NFT story of the creators running away with people’s money that everyone loves.
How could this have happened?!
Crypto bros are usually so honest, reliable and responsible with money!
NFTs reminds me of the metaverse, no one can describe its use, value or purpose
Well the purpose of the "metaverse" (honestly dumb name) is to be VRChat+. Which is why it fails because VRChat is already VRChat+.
The biggest issue is that they are marketing VR Chating when they should be trying to make a good working VR MMO.
The value is whatever the market demands!
So.. 0.
@@Temperans Who would buy in to a static VR chat scheme when we can already chat while we're fighting Orcs, or competing in auto races or any other activity you can dream up?
@@Temperans Correction: The purpose of the Metaverse is to corner an emerging VR socialzation market, and to monopolize it the same way Facebook did before, so that The Zuck can continue to sell your data to advertisers.
@@SuperChaoticus ...
Are you disagreeing, agreeing, or what? I literally have no idea what you post had to do with what I said people actually wanted:
To play Aincrad or literally any of the other VRMMO people have thought of in books.
"Hello Metazins" I can not stop laughing at this.
Also, your washer machine chime is the exact same as mine so I thought mine was done but was confused when I realized I never started it LMAO
I currently work professionally for a software engineering company branching out into video games. Said company has its hands in crypto. Y'all can probably guess what kind of game I'm working on, and I wish my employers would just get their heads out of their asses and see games for what they really are: pieces of art and not some product to be monetized. My colleagues are great people to work with and I'm compensated very well but I've had to contend with my ethics daily while working on this project.
Worst part is they're well aware of the current Crypto NFT landscape and its reputation amongst gamers and they've been rug pulled a few times before themselves.
BUT at least you guys are working on a game. That’s better than 99% of other projects out there. I would probably hate it like you. No matter what. I know you didn’t get into development to work on an NFT game. But it could be worse.
@ஜெங் மிங்யாவ் well my scam job pays me way more than my peers in the same profession and lets me afford the life that I want mate. And even if I'm not fully on board with our project, the fact of the matter is that I still get chance to improve my game dev know how. My employers are also committed to expanding into game development from their usual software engineering projects so I can just pitch them our next game.
Some games are art, many games are just products to be monetised.
@@superscatboy My thoughts exactly
If I had 250k just lying around i'd have 150k and a Dodge Viper.
The only fully fledged long established Metaverse is healthy and thiving - Second Life - 20 years and no crypto
Oh man bring on the big bucks. Gotta love that Metaverse!
if i would smoke a joint for every NFT-scam happening, i would be the first person dying from a THC overdose.
Kira, thanks for your coverage of these scum & their schemes.
Considering people still fall for phone, email & job scams already, the same being for NFT scams is no surprise.
Still the old Get-rich-quick scheme.
Just not for the sucker at the down-line / bottom rung.
The top gets richer, often at the end-users' expense.
I do have one NFT.
Given out free to Duran Duran fans who'd booked tickets for some of their shows.
Not assuming it has any significant financial value.
The creators are proud? I want to see this project on their LinekedIn pages then.
I wish I wasn't such a honest guy....I would make a NFT game too then, cash in those millions and then say "Byeeeee" and shut the game down. These guys are on to something, they are smarter then the Steam Early access scammers, they earn way more!
same, it would be so easy. it’s even better than an early access or kickstarter scam because you don’t actually need to deliver a playable game! just open up unreal engine and slap some premade assets around, maybe create a few 3d models of simple colorful characters to make it look more original, and now you’ve got the hottest new metaverse nft project!!!
@@stinky59 Thanks for the idea
@@itzYonko no problem, have fun! the only thing holding me back from doing an nft rug pull is that the minting fees are expensive and i would feel guilty about scamming people even if they’re wealthy gullible crypto bros lmao
Hmmm....... Wonder what happened to Dr. Disrespects fps nft game? Haven't seen anything about it since it was announced. Hopefully he came to his senses and bailed on it.
10:59 your dryer is done
they probably bought a load of ETH for $10 and think investing is easy, So of course the next investment will be just as easy
until its not and that ETH is gone along with all their money
and of course a lot of them didn't pay tax on this money, so are caught between reporting and then having to deal with the tax man
"Prepare dat ass"
- Feds
I've been scammed 337 times in nft crypto things, but this next one looks like a real rocket! How do I still have any money? Take it all! Sell me that bridge!
When Earth 2 is a """good""" example of a project, you know your market is fucked beyond repair.
Crypto is such a comedy.
ctrl+f "roadmap"
6 matches, 4 in the article, 3 of which are in the opening paragraphs, 1 in the conclusion - just to remind you
they REALLY want people to know they got through that roadmap
how are the boys at Earth 2 doing these days anyway?
10:56 I'm starting to get addicted to that sound in the background.
Great thumbnail, you look frustrated and exasperated, just the way I like!!!
Oh no the sudden but inevitable end of a Crypto-Game-Scam where the creators disappear with the money. WHOM WOULD HAVE THUNK?
Whomst’d
Eight million, one hundred twenty eight thousand, nine hundred and eighty seven dollars and they couldn't even promise "mechanics similar to City Skylines. Smh.
@14:25 😆 My washing mashing plays the same tune when it’s finished 🧺🫧👕🧦🩲
Ruggin ruggin ruggin, keep those NFTs ruggin, RAWHIDE
It'll never not be funny to me that managing to actually release a token product as a smokescreen before running with the cash still puts sad, obvious scams like this in the top 10% of NFT game projects.
"When moon? When Lambo?"
Lol
When countries build their entire economy on a single resource they are at risk of collapse when any decent downturn on that recourses occurs. Thats basically NFT games. They are entirely built around the popularity of NFTs while NFTs are built around popularity of NFTs. Plus, all NFT games are seem to be just gambling.
Truth Speaker Leave! That might be one of the best quotes to sum up all this crypto stuff
So Earth3 managed to speedrun Earth2?
You should cover the NFTs that actually benefit its users and society at large. You won't find any of course but boy, it'll be huge news if you can find even one.
At this point I thinkthere are people who are simply genetically pre disposed to getting rug pulled the same way there are people that are simply born con men. The real struggle is keeping the two groups apart which sadly I believe to be impossible in the age of the internet.
Lot of these NFT bros are trust fund babies or come from fairly well off families. At least the one’s dropping thousands.
Yeah, got very little sympathy for someone dropping 250k!! on nonsense like this. They somehow acquired the money, but failed to acquire any responsibility.
Get Ready for Mirandus: Earth 2 meets Roblox only with real NFTs.
Hahaha bro your washing machine tune really messed me up, I was like I guess my wife started a wash earlier, then hearing it again and you commenting on it haha
Anyone buying into NFT games is self-inflicting harm at this stage. Zero sympathy. Even if a AAA company announced a game, I'd assume it was a scam.
people that invest in nfts deserved to be robbed
I can't believe it. Everytime I invest all my money into an anonymous team of developers using unregulated currency to pay anonymous wallets the project turns out to be vaporware. Such bad luck. But I have a good feeling about the next time ...
Lol...Kira called us all out, and he's correct (Kappa)
Loving your content bro, keep it up!
I usually watch these at the end of my day, but since it showed up for me "55 SECONDS" after upload. I'm gonna watch it now...
4:26
before you commented about the washing I was like "wait did i start laundry and forget about it??" lmao
In my opinion if you back projects like this and it flops or fails, you have every right to be angry but it's your fault for supporting these scams. It's clearly a tactic to get money and entirely built around greed not the product. If a product is real, it doesn't need to hide behind an NFT.
10:51 I hear that washer/dryer! Though it was mine going off for a moment lmao
is "Rode" a sponsor? if not, I suggest changing your setup a little so the microphone doesnt lock 25% of the camera.
Interesting video as always, very informative and "unexpected" lol.
Lol, went and checked my washing machine because i thought i had forgotten to take the clothes out
Scams like these really make me wish I was more criminally oriented. At this point, if you are actually still buying in to NFTs, you deserve to get ripped off.
So… giving anonymous people $9mil is a bad financial decision?
Who’da’thunk?!
Well their response was a fancy and drawn out way of saying "Fuck off, because we're fucking off. Oh and btw we completed the roadmap".
LOL! took the money and then like mocking Spongebob:
iTs opEn sOuRCe NoW!
Too funny.
Congratulations to your washing machine, it sounds so happy :)
@4:50 i was expecting a "skillshare" ad there 🤣
aah earth 2 flashes
E2 is inspiration for all these scummy scamming people, how does this keep happening ? How does anyone truly believe that these people are going to bring you the BEST NFT project ever ? 🤣
Another NFT scam? No! But how? Why? I cannot believe this! Say it ain't so!
I was very confused why my washing machine was finishing a program in the morning until I realised the stupid chime came from the video... I'm sorry you have to deal with the same annoying finishing song...
i remember years back paying for nft. i mean... paying for a big minecraft server plots of land... or a jail.... i think it was mostly a jail server. and people sold good jail spots for tons of cash. sometimes even traded them over skype and what not for real cash or other games. i sold my jail for quite a hefty sum. after a few weeks of playing.
My washing machine makes the same chime.
Hypothetically, let’s say a community member takes this code & improves upon it causing a significant improvement in “players”, watch these guys suddenly do the quickest 180 in history, deny the open sourcing & throw decentralisation down the toilet by litigating ownership of the IP. Please let this happen if only for the LOL’s. If they had any confidence in the quality of the “game”, it’s mechanics or ideas they wouldn’t be giving it away. This is an open admission that the whole project concept is & always was valueless.
This reminded me of one of my friends who owns a smoke shop started making and trading his own NFTs. It's a bunch of 3d models of houses (I can't remember the name of his NFT's, sorry). In total they're all worth around 40k if he cashed out right then. I told him that he's gonna be wasting his money investing and that they're all scams. I couldn't properly explain to him why though because of how complicated these things are.
It did make me feel really jealous though. I've always wanted to go to art school for animation and with 40k I would be able to afford the tuition out of pocket. Instead I'm filing for disability for mental health being unable to work regular jobs. I'm 24 and I still live with my parents and am completely dependent on them. I'm still trying to put my art out here for years and I never even get commissions. A bunch of my friends from high school were able to go and attend art college right after graduating. I can't imagine what my life would be like now if I could afford to go like they did.
i relate to your situation a lot… i’m 21 and stuck living with my shitty neglectful parents who won’t even let me apply for disability even though i have several diagnoses that are eligible for it. the only difference is i made the mistake of actually going to art school. my parents live near the college so i have to live with them and commute to classes until i graduate.
if it’s any consolation, animation school is BRUTAL and you will not learn anything there that you couldn’t learn from skillshare or youtube tutorials. the only real benefits are the teachers with industry connections who can hopefully help you find jobs later, and getting to access some nice computers and equipment.
so far i’ve put myself hundreds of thousands of dollars in debt by going to ringling college. it’s miserable here. the school’s culture is very toxic and competitive. i got kicked out of the animation major after 2 full years of being in it, because i got a 68% in one class. i had to pick a new major and start all over. i have no idea what will happen to me once i graduate because i took out so many student loans to go here, and i don’t even know if i’ll have a portfolio good enough to get me a job.
having a degree doesn’t matter too much in these industries. a lot of the time employers care more about your portfolio and how well you advertise yourself.
it takes a lot more work than ripping people off with nfts, but you can totally find some cheap or free online courses about animation and 3d modeling, and put together a portfolio that could hopefully at least get you an entry level job! id actually suggest doing that instead of going to art school which is really stressful and expensive. in my experience, animation school is not worth it. the skills you learn there can be learned from other sources that are more affordable and better for mental health.
@@stinky59 Funny Ringling was the exact college I wanted to go to if I had the money. I'm pretty close by the Art Institute but couldn't afford that either. Hearing your story though made me feel a bit better. I heard it was tough but didn't really know how tough it is. Things happen for a reason I guess. I am learning modeling and 3d animation in blender now and have an idea for a ps1 game I'm working on. Theres so many free programs and resources out here now I feel like degree's and stuff aren't really necessary anymore. I hope things will work out for you in the end. Sounds like you're going through hell. I've been there. Trust me, things do get better. It takes time and it'll make you a stronger person in the end.
Btw for your disability claim, best bet you'll need a lawyer to foward your claim to the social security office, otherwise it will most of the time be rejected. I've been trying since 2016 so don't think you're doing anything wrong there.
@@l1z4rdon7 yeah you dodged a bullet! ringling is really tough on students, at least in the animation major because that’s what the school is known for. other majors are less competitive and im not as stressed out now that i’m in entertainment design. the campus isn’t great either, i have no idea where all that tuition money goes but it must not go to the facilities because the elevators and AC break down all the time and the food on campus is really bad. thanks for ur advice and good luck with your game! :D
@@stinky59 lol I have to go to Tom Nook to take out a house mortgage to afford tuition and the AC keeps breaking down? And in Florida no less, the worst state to be in without one. That alone just turned me right around and out of the country lol. Gods speed to you comrade. ;3
we have over $250,000 in Game NFTs. Be careful which games you invest in. We havent been rug pulled yet, and are very much looking forward to supporting a vibrant gaming community.
4:04 each person is responsible for their choices. Though anything that is actual fraud needs to be prosecuted to the full extent of the law.
I AM SHOCK, well not that shocked.
Speaking of pyramid schemes.
"there is no more interest in NFT games"
AKA "People are beginning to realize NFT's are a scam so it's harder to get people to give us money"
This was one of the fastest bursting economic/scam bubbles ever, and thank god for that. Just a year ago, the narrative was that NFTs are the future, and anyone not jumping onto the bandwagon will be left behind by the times. Now, the only time you ever hear about NFTs is when someone reports yet another "project" crashing, or yet another rug getting pulled. Good riddance, I say.
Damn this is friggin formulaic, I get a dejavu overload here...
I wonder if in like 20 years some weird collector community will find remnants of these web3 projects and collect them as 'cult classic / retro' things for some reason. Like three generations from now BAYC will be like POGs.
Or if any of these things would even be able to attain that 'low bar' of success.
The very concept of cryptocurrency is to replace the restriction of government and law with the restriction of technical limitations. The concept of NFTs from an economic perspective is to build on that by declaring yourself the only authority figure that matters in your own private world. Combine the two and you'd expect an typical NFT entrepreneur to want to do as they please with no risk of consequences. None of this is new, exactly (even the ideas behind cryptocurrency were lying unused for decades because while there are legitimate uses for them the real world hasn't created circumstances where they'd be relevant); it's just that a new generation is growing up with the usual growing pains.
i have the same washing machine... so fucking annoying with how many times it goes off
If you are going to buy some picutures at least commission some nice, quality waifu art.
11:01 your laundry is ready.
Crypto was a noble idea but with how similar it is with the old financial system and human nature hasn't changed, it's bound to suffer the same flaws like the early stock market, to control and balance it regulations are needed, and with that we would've just walked full circle and wasted shitload of energy used for mining, helped criminal org to biggest money laundering in history, enriched a lucky few and a load of scammers.
Didn't expect Kira to own me with facts and logic in the first 30 seconds of a video but here we are
I keep hearing my washing machine, but then realize that it's yours! Lol
'just a other day in web 3' wait isn't that lyrics to a song? Cryptoboy?
Wait, so are you saying I can't go give them more money? How else am I supposed to dispose of all this extra money I have laying around and taking up space.
Well hey, everyone hates the cashless society idea yet want decentralised digital currency........
That washing machine has the same exact sound as mine does and I thought MY washing was done. 👍
I find it funny that so many people are apparently washing their laundry whenever they're watching Kira's videos... 🤔
On this episode of "When Going Galt Goes Wrong"...
If I had 250 grand, I wouldn't spend it on internet picture scams, I would make my own internet picture scams.
0:13 I feel attacked