5/ It’s clear this is a group of larps that made their money from posing as a research group when in reality they made money from IDO shilling and wrecking anyone who followed them.
6/ It’s frustrating to see all of them get such engagement and make so much money while the newbies blindly follow.
We see this reoccur time after time again. Adouble212 DM’d me saying they want to change but they’ve already caused so much damage at the expense of others.
7/ Why would you trust them now? The least they could have tried to do is reimburse the victims if they’re “truly sorry”.
1\ NFT’s have been awesome as of recent. Throw money at any project and get 2-10x returns in minutes. It is DeFi summer all over again.
However with all money it brings opportunists who deceive people at whatever cost to get what they want.
Let’s examine ColeThereum.
2/ Let’s examine his past, actions as an influencer, and some of the project he’s founded.
Many of you may not be familiar with his username but as of recent he has become a popular name in the space due to the success of Pudgy Penguins.
3/ Recently Cole was called out for a previous business he ran called eBoy Outlet. He clarified it was a drop shipping business he founded early on with not much capital.
When you visit the social media page for the brand you are flooded with negative reviews.
1/ Welcome to the bull run of 2020/2021. It’s up only (was), valuations are at ATH, and your favorite influencer can be a VC.
New funds pop up on a weekly basis yet at the same time invest/incubate a billion projects at once. How are they so efficient you might ask?
👇👇👇
2/ Let me introduce you to Moonrock Capital.
In 2018 Johnathon Habicht & Simon Dedic founded Blockfyre; a blockchain advisory firm based in Germany. In 2020 this was acquired by Tixl. In between that period in 2019 Moonrock Capital was formed by them.
3/ After the Scott Melker incident someone close to the team at Moonrock & Blockfyre messaged me about the firm and all that went on.
Let’s dive into two of the projects ($POLK & $PMON) incubated by Moon Rock Capital a bit deeper to see if they did set the “standard”.