We’re happy to share that we’re building a sustainable revenue model for our NFT holders
It requires considerably more time, capital and execution than simply launching an NFT collection and our priority is building a foundation designed for long-term value
We look forward to sharing more as we continue to build
5,000 devs building dapps nobody uses are worth less than 200 building dapps generating billions in volume
One dapp like @Polymarket could outperform an entire ecosystem in revenue and that’s the metric that matters
Shady KOLs are nothing new tbh. Real problem is how quickly crypto forgets
You will expose him and entire timeline will talk about it and prob two days later he will either apologize and launch a new token riding w attention or deny everything and claim his next token is “100% organic - no bundles” and drop CA
And people will buy it again
Funniest part is exposing him might end up being the best marketing campaign hes ever had lmao
One of crypto's largest KOLs has been secretly extracting millions from his audience
We’ll expose him soon
Unfortunately, he’s just a symptom of a much bigger problem
Social trading has brought out the worst in KOLs. It was designed to keep them honest by making every trade public. In reality, the opposite happened
In just a few weeks, we exposed a number of "top social traders" using the same tricks:
• Public wallets to attract copy traders
• Side wallets to dump
• Callouts to farm rewards
• Bundled tokens to hide supply
And there are plenty more doing the exact same thing
Why? Because our industry incentivizes it
1) Launchpads allow it
Most launchpads today are obsessed with one thing: volume. Millions in callout rewards, affiliate links, and top leaderboards. Almost nothing on detecting bundles, side wallets, or shady traders. Scams drive volume. Launchpads have no reason to stop it (other than actually caring about their users)
2) Social trading incentivizes it
Side wallets have become a business model. Before social trading, only big KOLs could do it. Now, anyone who lands on a leaderboard can monetize by dumping on their copy-traders. The temptation is real
3) CT normalizes bundle culture
“Everyone bundles. It's how it's done" - an excuse we hear every time we expose a KOL. Supply control isn't the problem. Hiding it is. If it's so bullish, why hide it? Spoiler: because you're planning to sell
***
Launchpads are paying millions to dishonest KOLs. It's time they start taking it seriously
Audit the top traders. Expose their side wallets. Ban repeat offenders
We have the tools. What's missing is the willingness to use them
No one's coming to save us