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.
Although applications from many A-list celebrities have accelerated the trend of irreplaceable dynamic passwords (NFT) in 2021 and 2022, some people promote uncut items to fans without knowing whether they are reasonable or fraudulent. This practice will remain in vogue in 2023 as the market recovers.
During the marketing campaign, Dennis posted a digital picture of the site URL on Twitter, which, according to Coffeezilla, "literally reads S.C.A.M." Cointelegraph's further data survey reports that the site will be created on February 1, 2023-an important clue to check when verifying the authenticity of new projects.
In addition, the website FAQ mentioned that no investor can get the "Sourz" NFT, which is also an important piece of information ignored by the MMA fighter.
In June 2021, the Foreign Securities and Exchange Commission (SEC) saw a similar incident involving Kim Kardashian, when she promoted the EtherumMax (EMax) data encryption dynamic password to her 330 million Instagram fans. According to SEC, Kardashian did not disclose the $250000 she received from marketing, in violation of the anti-sale provisions of the securities law.
However, Coffeezilla guarantees that consumers of the deceived NFT project will be notified immediately. When users click the "Mint Sourz" button (as shown above), they can be redirected to a fraudulent website that warns of the possibility.
Although the Coffeezilla program shares other information based on later videos, the incident is a clear reminder that influential people and investors are trying to do their own scientific research before promoting or investing in projects.
According to Atto, the founder of the pseudonym, running the mini NFT project in November 2021 is a "social experiment" aimed at uncovering the scam of the NFT intelligent robot network on Twitter.
When Atto expressed his intention for the NFT project, he explained: "I need a story with sales value to make sure that no one can ignore an experience that has hurt me."
Xiaoxiao has launched a marketing campaign as an upcoming avatar project, with 4444 NFT in life, allowing users to communicate and change handicrafts in real time.