π§΅4. Do the promoters care? Nope.
It wasn't financial advice remember?
They got paid, on to the next promotion.
Am i saying all influencer promoted nft project are rugs? Absolutely not. BUT Alot just happen to be.
As members of the nft community and trying to onboard new
π§΅3. Many "Degen Mints" allocate 25% to 50% of mint funds to influencer promotion which
1. Leaves projects with very little capital (Unless secondary takes off and royalties fund it)
2. Often we see project owners abandon the project to launch their next (Rug,Rinse,Repeat)
personally after mint out id like to see some dedicated members form a squads wallet, form a dao and take votes from the community on how to spend funds. Id propose 20% of royalties to the dao reason being is that aside from advancing the growth of sol daophins we have to
@shilllin@nftinspect I had the project I'm working on derugging @magicmushcrew get verified on there. Super easy process by vote and let's me know how many people are rocking mushroom pfps. Really glad to have them in the ecosystem.
@shilllin Had 2 of my giveaways scammed like this yesterday, changed their pfp, bio and everything to match the winners and were both off by an underscore