I only know what a Krugerrand is because of an 80's cop show. Was it Lethal Weapon or Beverly Hills Cop? Oh yeah, it was definitely Lethal Weapon (2 or 3?) because I remember Danny Glover going into the S. African embassy to distract them with his blackness while Mel Gibson had a look around.
OK guys I'm kicking off Web4. Web4us, that is. No incoming links allowed. All governance carried out in secret forums. It will run on social credit in the form of [thanks]. Who's in? Just kidding, you don't get a choice.
If you rug pull investors to the tune of $1.1m, don’t admit it’s a rug pull. If you admit it’s a rug pull don’t suddenly pop up again with the same rug pull under a new name and if you ignore all of this, by god don’t link your coinbase account to a credit card you used your own personal ID to sign up for!
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"We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both." ~ Louis D. Brandeis
"Psychos do not explode when sunlight hits them, I don't give a fuck how crazy they are." ~ S. Gecko
March 14th:
The Future of NFT gaming is here! Don’t wait to get in early on the officially licensed Formula 1 NFT game, build cars, race them around the world, profit!
March 15th:
“It is with deep regret that we announce that F1® Delta Time will cease operations on 16 March 2022. Whilst we have not been able to renew our license, we will ensure that current owners of F1® Delta Time assets are rewarded for their loyalty and support.”
March 16th:
Game Over, man, Game Over!
I watched the demo video on Kotaku so you don’t have too.
Loot box gambling!
Just to accidentally prove the point as to just how effective the lootbox randomized card pack style gambling is, the guy making the demo couldn’t wait to open the ‘keys’ he spent $600usd in tokens on on camera, and opened them before he started recording. You gain ways to up your car’s stats from these keys, so you can min-max for different courses.Once everything is configured it’s off to the races and, oh, this is just minimal effort needed to show their game requires skills and thus doesn’t fall into a game of chance. Up arrow is gas, shift is brake, space is boost. Hit the up arrow to go, when coming into a corner arrows will be red, reduce speed or break till they are green. Hit space when over a boost. There is no steering, or on track opponents.
That’s it, that’s the whole game.
It’s worth noting this isn’t just another rug pull, this is the best NFT gaming has at the moment, these are the true believers and the company will be covering their ass by allowing assets to be transferred to their generic Hot-wheels game, that’s basically the same but lacking any prestige.
The True meta:
For many true believers, this is the real game that’s being played, they want to be first to something, to be highest on some record board of top achievements in crypto.
This was an interesting read, partly related to how perceived anonymity leads people to make dumb and easy traceable mistakes. Also content warning for suicide and child abuse.
Sick of people calling everything in crypto a Ponzi scheme. Some crypto projects are pump and dump schemes, while others are pyramid schemes. Others are just standard issue fraud. Others are just middlemen skimming of the top. Stop glossing over the diversity in the industry.
The way this is structured means that if the price of your NFT drops below the initial price, *it can't be sold*. So if you spent £100, and it's now £99, you can't sell it and only lose £1. You're committed to hanging on to it until it goes up - if it never does, you've lost £100