Shual Profile picture
Feb 16, 2022 27 tweets 18 min read Read on X
Today is a sad day.

Today we mark a full year(!) since @nftmachine opened the telegram chat for @0peNFT, an @opensea competitor.

He raised 277 ETH from 130+ investors to his ENS, never shipped any semblance of product, ran away, and used the money to buy NFTs.

Full story. 🧵
I hope this time this story will gain more attention than it previously did. @nftmachine aka Tyler Gaye, is a doxxed American citizen. He *will* have to answer for what he did, I and others are making sure of it.

Please tag every small, medium and major NFT influencer and share.
A year ago, the group was created. @nftmachine was quick to organize a presale, trying to strike while the iron was hot. (Back then NFTs just started to really explode)

Capped at 500k, and having a following, the raise period was very short.
When some people questioned @nftmachine's intentions, this was his reply:


Roadmap released a day after TG chat inception along side the github: github.com/0peNFT?tab=rep…

The roadmap expands on features and other details including some UI previews

Github was last touched 4 months ago with the most bareboned commit
The deal was to promise the largest airdrop ever seen (NFT wise) to bootstrap network effects.



And that's the main topic of discussion both in the telegram chat then and in the github contracts as well
March 14th
March 31st, ropsten contracts are live but its just the token itself (there were many ropsten versions of it)

ropsten.etherscan.io/address/0x2504…

The artist staking contract wasn't published until April 26th ropsten.etherscan.io/address/0xABAb…

both contracsts deployer's last tx: July 2021
April 19th first signs of distress

The user got immediately banned
Launch is still scheduled for Q2 2021, even though it was delayed numerous times.

The next time the launch will experience a delay will be June 30th, 4.5 months after the raise and while the market boomed, crashed and started to boom again
People were NOT happy (I still gave nftmachine the benefit of the doubt on tg)

nftmachine: we're 95% done!

Github: hold my beer
July 8th: shipping soon you guys!

Mockup: openft-73947.web.app

Some people weren't happy with the site after 5 months of delays

Dev has put 440 hours into it!!

It goes on and on like this, I won't post any screenshot, but there's a zip file containing the entire chat
This is the conclusion once I stepped in and asked some more questions:
If you examine the @0peNFT page, first tweet was a giveaway for @NFTmachine's collection (opensea.io/activity/machi…)

Between the occasional promotional tweet, the account mainly RT'd or shilled NFT giveaways that led to nftmachine's website

and then this
What did nftmachine.eth do with the money he raised? bought NFTs, of course. That's how you become an NFT influencer no?

July 15th.

Hacken did not do an audit for the code (i checked)
@hype_eth also didn't do any meaningful audit for any code (as they admit themselves)



this post details how I tried approaching @nftmachine and he how deflected my questions
@nftmachine muted the telegram chat and exited it

He never mentions @0peNFT in his tweets, he's just busy shilling his illiquid NFT bags and parading his ill-gotten riches
After my second thread (October) blowing this stuff up, @nftmachine went on a blocking spree. That's his MO and since he's not a very interesting person for most, people either got blocked or forgot about him altogether
When I tried reaching out, he unblocked me and this was our exchange



Investors tried getting in touch with him, tried getting answers, tried to make him rejoin the TG chat and open a line of communication... Nothing. Busy flipping NFTs.
Here is my October post. IT still rings true — don't take my word for it, just go and verify yourself. Everything is on chain + on tg still.

Here is a zip file containing the entire chat history: gofile.io/d/ZpQefF

Bonus: @nftmachine is also spewing a lot of hate speech, if that's what it takes to "cancel" someone (and yes we should cancel scammers 100%)

I mean got just use from:nftmachine and add 'hate' 'women' and other fun keywords you can think of
TLDR:
-@nftmachine raised 277 ETH from investors for @0peNFT
-delayed numerous times
-claimed the money is his to do w/e
-muted tg, bailed with money
-when exposed double and tripled down
-still walking around with 34k followers with absolutely 0 shame
What can you do bout it?

Share. Tag every person you know that should know this. We should shun this person and this type of behavior from our community.

1 full year. 1 fucking year. Nothing.

When it comes to pursuing legal avenues, don't worry. :) Just spread the word.
Tyler Gaye is a doxxed American citizen btw. (I didn't dox him)

He's at Eth Denver so if you spot him, please let him know it's never too late to refunds investors and explain his actions

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