Just another day in the metaverse baby! kira.design Go buy some merch. Sub to my patreon: / kirayt Watch me on twitch: / kiraonttv Sub to my main youtube channel: / kiratv1 #kira #cryptocurrency #metaverse
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
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
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
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.
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.
"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
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.
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.
Kira quote of the day! "Some people are really greedy, some people think this is the future, and some people are just really fucking stupid!" That's a t-shirt right there!
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.
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.
"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
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 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.
@@wtIUpITp1E0wMsydV19c0FUmIXvCU 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.
Yeah, got very little sympathy for someone dropping 250k!! on nonsense like this. They somehow acquired the money, but failed to acquire any responsibility.
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
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.
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 ? 🤣
Surprised to see you siding against the game devs on this one! The only crime I see is "crowdfunding a game that didn't end up being very good." This isn't Earth 2, where they keep making lofty promises of magic world-changing gameplay and not delivering a thing. These devs delivered on all their promises! The results just weren't great. Happens with crowdfunded creative projects every day. You nailed the real reason players are unhappy -- they heard "NFT" and interpreted it as a secret extra promise of "this game will make us moonbro millionaires." And now people are calling "scam" because they need to blame someone else for why they're not moonbro millionaires yet. Also, wire fraud = mail fraud (including email fraud).
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.
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.
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.
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.
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.
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.
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 ...
Hey KIRA brother your last few videos your sound is a bit off, With headphones on and rigghht before you speak it sounds like a tattoo gun BRRR BRRR just a heads up… its made me click next was very distracting
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.
And there's still people pushing NFT's and the "ownership" and this is the what count of rug pulls!? web3 as usual continues to be a joke but tons are pushing it can imagine what major celeb is still pushing it too.
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!
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.
I have never been interested in any social platforms, or the crypto joke. These scams take advantage of the lower class. And getting rich doesn't change your class, your ability to mature is how you do that. I watch your videos just because I am amazed to see how stupid people can be.
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.
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.
NFT companies are a class act in how to deflect blame from yourself lol. I've never seen so much blaming the end user for the performance of a product. fucking hilarious
I would rather, despite my chronic health condition (severe lung and heart damage due to an accident) do unpaid work for Job and Family Services and hope it gives me enough job experience to be hired onto a proper job instead of doing anything NFT-related.
I have made pixel art for over 30 years. I have scoffed at all this NFT nonsense. And then I saw that Burnt Toast made $160 million from selling avatar NFT's. I already have pixel art I have made in the past that can be turned into 1000's of unique separate images...... If I make millions Kira I will send you a few quid for being the one that introduced me to NFT's.
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
I'm making a coin based on faith alone. Just believe in it's value! I'm thinking of calling it Quire Boy in honor of the papacy. How many Quire Boys have you got?
Y'know, with all the hype these "games" garner, if a dev team made a proper game that actually worked and was fun to play, I wonder how much more successful it'd be. Highly doubt that will ever happen though; high effort marketing and next to no development time turns into high profits when they pull the rug. It'd take actual effort and skill to create something that's genuine
Even if someone sincerely wanted to do a crypto game that isn't a grift, they wouldn't be able to afford real developers, only idiots that agree to be paid in funny money. That's why even "honest" attempts like Axie suck so hard. PS: I guess a decentralized game CAN work and do interesting stuff p.e ZKsnarks, but NFTs, the core of what is called "crypto games," are useless, and will forever be useless.
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.
Sad thing is that this could actually be a good, fun game. Now if only one of these NFT scam artists would actually be interested in making a game..............there is an actual market there for anybody capable and willing to actually make a good, modern SimCity-like. None of these folks seem to be interesting in doing even the most basic videogame dev work, while half the folks 'investing' in this are utterly insane. Who in their right mind would invest 250K on this utterly random and anonymous project...........I could get taking a game with a few hundred or even thousand bucks, which is a ton of money for a lot of folks already, but there is zero chance you'd get a decent ROI at that level of commitment (even if it did turn out to be a functional end product / platform).
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
"NFTs are in the toilet" -- The market is doing its job of price discovery, so the price of NFTs is approaching their actual value, which is zero. And it always has been zero. Because it's a scam.
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.
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.
We have something better. Instead of promising future goodies with a valid roadmap, we actually implemented the software beforehand, and are now trying to sell the end result. Guess how many people were queuing to purchase our software? (since we didn't promise 15% interest per day, and FTX happened to explode while we were releasing the software, community kinda ignored our marketing effort and we haven't yet sold the nft to anyone..)
Most mmo banned RMT and they remove direct trade between player, because they know RMT will ruin the game. Why people believe NFT game will make money, no cheater/hacker will destroy the game. Play to earn game are impossible and stupid
May as well just go to the bank, get 100 1$ bills or 1 pound notes. Take them home. Go to your toilet, w.c. or whatev. Unband the stack of bills and flush them down the toilet one at a time. At least you'll have the satisfaction of being in control of where your money is going, with much less effort than being involved in yet another NFT/crypto scam.
