Thread by @sniko_

This is pretty cool, but let's see how easy it is to replicate (by scammers/malicious-intent actors)...

With 2 commands, we can DL a video then export frames to images and we are ready to deploy to a chain and buy a bot farm for engagement

youtube-dl
ffmpeg

#nft #scam

🧵👇

https://twitter.com/coingecko/status/1481445898978738176

1/ A bad actor could look at public videos and use open tools to download the video

There are videos of many different people on video hosting sites that scammers can export from. On YouTube alone there is many videos returned searching "picture every day", "selfie a day", ...

2/ They would then use a tool, such as ffmpeg, to extract each frame to a PNG file automatically (maybe even de-duplicate any frames or set the framerate in the ffmpeg command to ensure uniqueness)

3/ Once we have all the frames, and remember we have only entered 2 commands in our terminal, we can then zip the directory holding the PNG files and use a WebUI to upload/pin to IPFS

4/ Now we have the files on IPFS (or any other webserver), modify the endpoint in the contract to this loc and deploy the contract with a Wizard (minimal coding and dev env)

mint() price to 0.001E and deploy to a chain (ie: BSC, Polygon)

List to marketplaces for secondary sales

5/ We now have, with very minimal effort, a new project with stripped images from a public video all within ~10 minutes (or less) of work

We now deploy a bot farm on Twitter to create some buzz, and (optionally) script some accounts to trade between themselves on the NFTs

6/

Wait
????
Profit

I am not saying/alluding Ghozali did this, I am just saying to expect a lot of copy projects that will spend 10 minutes of ripping historical images for a quick profit