I Invaded NFT Discord Servers

Sdílet
Vložit
  • čas přidán 4. 03. 2022
  • Today Jack Manifold and I invaded some NFT Discord servers to engage in some tomfoolery...
    Download Revolut for free now and get a £20 welcome bonus: rebrand.ly/ai7buyl
    (T&Cs apply) www.revolut.com/legal (This promotion is no longer available)
    Thanks to Revolut for sponsoring this video.
    Jack: @JackManifoldTV
    Merch: www.memeulous.shop/
    My second channel: @GeorgeM
    Twitter: / memeulous
    Instagram: / memeulous
    Business/media enquiries: george@memeulous.com
    Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
  • Komedie

Komentáře • 1,5K

  • @ShenZxro
    @ShenZxro Před 2 lety +9022

    The thing that mind boggles me the most is how almost every single NFT is just horrendously ugly

  • @matthewlasalvia7026
    @matthewlasalvia7026 Před 2 lety +4398

    Not even a minute into the video and George has already taken a screenshot of an NFT. I love this guy.

    • @Baby.Annihilation
      @Baby.Annihilation Před 2 lety +15

      @Memeulous•• I'm reporting you.

    • @casperd2100
      @casperd2100 Před 2 lety +24

      memeulous didnt even know what an svg is lmao

    • @jigzonyt517
      @jigzonyt517 Před 2 lety +30

      When he screenshotted it I also screenshotted the video. We're in this together

    • @F32Aidan
      @F32Aidan Před rokem +2

      Can he sell it? Is there any proof of purchase on the blockchain? Does he receive any of the utility from it?

    • @rachel1215
      @rachel1215 Před rokem +15

      @@F32Aidan He can change the color with paint and repost it

  • @potatosoupgirl
    @potatosoupgirl Před 2 lety +5186

    NFT people are the equivalent of "No taking pictures" signs at museums.

    • @alanamileras2329
      @alanamileras2329 Před 2 lety +759

      To be fair, flash photography permanently damages canvases, chemically breaks down the materials used in art and other fabrics (like in historical furniture, clothing, textiles, other artifacts), plus, much of it is on loan from other museums, who want to make sure they get it back in the same condition in which it was loaned. Additionally, thieves apparently take photos of surveillance equipment, etc. to case the museums, in order to find ways around these things to steal the artwork/objects. These are two reasons why it's banned.

    • @1cepool
      @1cepool Před 2 lety +517

      Only difference being things in museums are actually worth something

    • @thetinykid4169
      @thetinykid4169 Před 2 lety +164

      Just the signs tho. Their museums don't have anything worth taking a picture of in them.

    • @Satoru45678
      @Satoru45678 Před 2 lety +3

      True.

    • @Lucaz99
      @Lucaz99 Před 2 lety +15

      @@thetinykid4169 wow, an actual underrated comment right here.

  • @mjenius
    @mjenius Před 2 lety +5053

    That was honestly one of the best sponsors I've seen George, take a bow

    • @iCherrryyt
      @iCherrryyt Před 2 lety +3

      Should i get it if i live in the States ?

    • @Maukiki
      @Maukiki Před 2 lety +9

      i got jumpscared by the sponsor

    • @gen1136
      @gen1136 Před 2 lety +3

      @@iCherrryyt why would that change anything?

    • @iCherrryyt
      @iCherrryyt Před 2 lety

      @@gen1136 if it backed up or protected by US or UK

    • @iCherrryyt
      @iCherrryyt Před 2 lety

      @@gen1136 And honestly just thought it might matter because currency maybe idk lol.

  • @wilsonpercivalhiggsbury5900
    @wilsonpercivalhiggsbury5900 Před 2 lety +1038

    Once me and some friends roleplayed a Payday 2 heist in an NFT discord server, we made off with about 200 unique screenshots and left everyone confused as hell

  • @cosmicjenny4508
    @cosmicjenny4508 Před 2 lety +2420

    George has been on a particularly spicy run of content recently, and I am *living* for it.

  • @lorddarlo6194
    @lorddarlo6194 Před 2 lety +804

    In fact all the NFTS look like knock off versions of The Gorlliaz

    • @slovakia1938
      @slovakia1938 Před 2 lety +39

      I cant unsee that now LMAO

    • @lorddarlo6194
      @lorddarlo6194 Před 2 lety +7

      @@slovakia1938 Sorry

    • @bestrafung2754
      @bestrafung2754 Před 2 lety +77

      I noticed that too! I feel bad for The Gorillaz since they are actually talented and put effort into their shit. I bet they're cringing and pretty pissed at all these ugly ass NFTs stealing their style.

    • @lucidstarx3456
      @lucidstarx3456 Před rokem +22

      That”s an insult to gorillaz

    • @skystoyhunts7225
      @skystoyhunts7225 Před rokem

      Lol

  • @lovelyvalentine805
    @lovelyvalentine805 Před 2 lety +2301

    Normally I’d say raiding servers is bad, but when it comes to NTFs… do it

    • @muahxextendo
      @muahxextendo Před 2 lety +6

      why

    • @Satoru45678
      @Satoru45678 Před 2 lety +8

      @@muahxextendo
      Hey Monika!

    • @Satoru45678
      @Satoru45678 Před 2 lety +103

      @@muahxextendo nft artists have no life so just do it

    • @Maukiki
      @Maukiki Před 2 lety +32

      @@muahxextendo nfts are harmful and theyre bad in general

    • @muahxextendo
      @muahxextendo Před 2 lety

      @@Maukiki No? Most nfts are online. And taking a picture is simply sharing it to more people.

  • @MrDoge-xx4cc
    @MrDoge-xx4cc Před 2 lety +955

    Not even 5 minutes in and i already laughed my ass off, tops off to you

  • @officerwalter8877
    @officerwalter8877 Před 2 lety +452

    Fun fact: The official Nft discord server won’t let you type screenshot, I got banned for it.

  • @funnyskeleton94
    @funnyskeleton94 Před 2 lety +581

    NFT virgins are gonna hunt George down

    • @InvestmentIdea
      @InvestmentIdea Před 2 lety +2

      czcams.com/video/pnVWhnnWSiE/video.html
      finally it's here

    • @GamingWithHajimemes
      @GamingWithHajimemes Před 2 lety +20

      They can barely hold their own bodies, what makes you think they'll be able to hold anything threatening?

    • @jasonchiu272
      @jasonchiu272 Před 2 lety +1

      1000 v 1 real life manhunt.

  • @hoodie5911
    @hoodie5911 Před 2 lety +511

    The main augment i've heard for nfts is "Their gonna go up in value in a few years!"
    But why would they? Who looks at these ugly ass pngs and thinks "Oh yeah, people will be flocking to this in due time"

    • @Juanito_Pecados
      @Juanito_Pecados Před 2 lety +54

      Its just a mix of con artists, sunken cost fallacy and plain stupidity.
      I imagine that if some of these scammers are even slightly cunning, they would make sales and auctions to then push the price with their own people or money, so other people see that and say "o wow, people is paying for this" and end up buying either as a bad future investment or just so elevate their ego by paying a lot of money for something, maybe both.

    • @sisicjanwjkrgk
      @sisicjanwjkrgk Před 2 lety +25

      Eventually most will crash in value, you can’t simply buy something and resell it for more forever at one point it’s gonna get too high and nobody’s gonna want them

    • @pettanshrimpnazunasapostle1992
      @pettanshrimpnazunasapostle1992 Před 2 lety +9

      @@mellohi6175 its like paying the content creator to support them for their art. Except this time the art is terrible and not worth the money at all.

    • @Its_Asteria
      @Its_Asteria Před rokem +15

      You're more likely to make money off a pokemon card in a few years than you are an NFT
      Cause like
      People actually like pokemon cards and they're not ugly as fuck
      And they've been around longer and have value. Plus. They don't damage the environment quite as much as NFT and block chains do

    • @DeathnoteBB
      @DeathnoteBB Před rokem +6

      It’s just MLMs for dudes.

  • @ffsleon
    @ffsleon Před 2 lety +619

    i don't know why the mods were being so harsh on you, considering you and colin are good mates

  • @lego_minifig
    @lego_minifig Před 2 lety +408

    0:38 svg files are actually better since they are vector based. That basically means that you can blow it up to any size without a loss in quality

    • @afaz4070
      @afaz4070 Před 2 lety +30

      Yea
      Just import it to any editing software that supports svgs and done

    • @jewelvang8242
      @jewelvang8242 Před 2 lety +11

      I wanna take the svg and edit it a bit then sell it as a cheap nft that's not even an actual nft

    • @pokemonmaster42000
      @pokemonmaster42000 Před rokem +8

      that legit proves its just some circles and rectangles

    • @lego_minifig
      @lego_minifig Před rokem +14

      @@pokemonmaster42000 isn’t everything just a permutation of circles and rectangles tho?

    • @pokemonmaster42000
      @pokemonmaster42000 Před rokem +5

      @@lego_minifig at least the bored ape stuff looks like it took some effort, this is just google drawings

  • @itsactuallyangel
    @itsactuallyangel Před 2 lety +429

    i was gonna comment something to take the piss out of NFTs, but instead i'll say this - your content is so good even after all this time, i never get bored of it! thank you, keep up the good work, king!

    • @sillyman2
      @sillyman2 Před 2 lety +3

      How about you do both

    • @robblequoffle8456
      @robblequoffle8456 Před 2 lety +1

      @Zarama 001 watch video now!
      czcams.com/video/_VfAU5I1oGw/video.html

    • @rizilm2229
      @rizilm2229 Před 2 lety +2

      @@robblequoffle8456 lol

  • @Its_Asteria
    @Its_Asteria Před rokem +362

    It is absolutely ironic to me that there was a furry channel, with actual active users using that channel. In an NFT server
    Most furries despise NFTs so I find that absolutely hilarious

    • @GoroAkechi_Real
      @GoroAkechi_Real Před rokem +91

      Most furries tend to have standards regarding the quality of artwork they buy. The same cannot be said for cryptobros.

    • @hurricanetortilla2477
      @hurricanetortilla2477 Před rokem +72

      Furries actually know what good art is, different from those guys

    • @venti9925
      @venti9925 Před rokem +7

      I love how everyone says most furries when they're referring to themselves. Lmaoo

    • @hurricanetortilla2477
      @hurricanetortilla2477 Před rokem +18

      @@venti9925 Cap. Literally just talk to a furry.

    • @ForzaMonkey
      @ForzaMonkey Před rokem +13

      @Venti cap ratio. I know a dude in the furry community who is literally only in it so he could make new friends.

  • @chickennuggetpaw
    @chickennuggetpaw Před rokem +150

    “How was it you found us?” They searched “NFT” using Discord’s built-in search thingy and literally found your server on the list. It’s not like it’s some exclusive thing 💀

  • @One-Cakez
    @One-Cakez Před 2 lety +275

    your content is still awesome, even after years.

    • @InvestmentIdea
      @InvestmentIdea Před 2 lety +1

      czcams.com/video/pnVWhnnWSiE/video.html
      Do not miss ▪︎important

    • @NikiPg3d
      @NikiPg3d Před 2 lety

      E

  • @itsactuallyangel
    @itsactuallyangel Před 2 lety +163

    I always say we need more Jack Manifold - thank you for providing the content we need, but don't deserve.

  • @Abominatrix650
    @Abominatrix650 Před 2 lety +83

    It's like interacting with a lower branch of humanity
    Oh wait, that's exactly what it is

    • @prokrinds1039
      @prokrinds1039 Před 2 lety +2

      yes

    • @No.NotAgain
      @No.NotAgain Před rokem +6

      Except it's not just a lower branch, it's so low it fell off the tree

  • @golgothasterrified
    @golgothasterrified Před 2 lety +137

    This is the first video I've watched from you in maybe a year or two. It's out of utter hatred for NFTs.

  • @lauracami4205
    @lauracami4205 Před 2 lety +140

    my jaw DROPPED when i saw the sexy solana server, theres no way it isnt satire i refuse people like that exist

    • @SkullZie
      @SkullZie Před 2 lety +3

      @@esterbun9356 wait WHAT?! 😨

    • @slovakia1938
      @slovakia1938 Před 2 lety +2

      this is humanity there are fucking knee fetishes and glove fetishes you shouldnt be suprised

    • @Aenam
      @Aenam Před 2 lety +2

      @@esterbun9356 could you elaborate on that? :o

    • @THEGENTSJPEN
      @THEGENTSJPEN Před 2 lety

      @@esterbun9356 yoo can I get the link

    • @reinhardt5667
      @reinhardt5667 Před rokem

      @@esterbun9356 send an invite breh

  • @PickleCraftPlayz
    @PickleCraftPlayz Před 2 lety +155

    Jack and George, a combo I will never fail to love. Thanks for the upload big man, thought i was going to die of boredom.

    • @InvestmentIdea
      @InvestmentIdea Před 2 lety

      czcams.com/video/pnVWhnnWSiE/video.html
      finally it's here :)

    • @andrewaftontheandroidhedge2780
      @andrewaftontheandroidhedge2780 Před 2 lety +5

      @@InvestmentIdea say something a bot wouldnt say to prove your not a bot

    • @chibee4l
      @chibee4l Před 2 lety +1

      Do they have another video together

    • @PickleCraftPlayz
      @PickleCraftPlayz Před 2 lety +1

      @@chibee4l Jack was in watching alvin and the chipmunks and watching paranormal activity

  • @Carosbee
    @Carosbee Před 2 lety +43

    15:35 Jack unironically looks like the kind of guy who'd buy nft's.

  • @akiru84
    @akiru84 Před 2 lety +57

    I can't really articulate why but I love the way George says "shut up"

  • @real_e
    @real_e Před rokem +17

    Just so you know at the beginning when you downloaded the NFT and it was .SVG, that’s an image file. .SVG stands for “Scalable Vector Graphic, and it’s a type of image that can be resized without loosing its quality, therefore as you resize it instead of the being able to zoom in on certain pixels, the amount of pixels the full image has will stay consistent as you resize or zoom into it.

  • @sunnywunny
    @sunnywunny Před 2 lety +32

    as an avid discord user, I would like to apologize to you for these people

    • @lilylove925
      @lilylove925 Před rokem

      To be fair it’s not bros not discord user

  • @vanishlaw6305
    @vanishlaw6305 Před 2 lety +41

    I love George and Jack. The humour bounces really well.

  • @bingus.boingus
    @bingus.boingus Před rokem +10

    Years go by quickly but one thing never changes: George's argument being just a "shut up". Reminds me of the Habbo Hotel days. 😌

  • @ValueNetwork
    @ValueNetwork Před 2 lety +60

    Jack manifold has become the new Imalex and I’m completely fine with this development

  • @t.dominey4150
    @t.dominey4150 Před 2 lety +18

    "oh no you're double landlocked" is my favourite memeulous quote

  • @katTheGreat
    @katTheGreat Před 23 dny +6

    NFT? More like Non Functional Tokens.

  • @spencer4038
    @spencer4038 Před 2 lety +43

    jack's hilarious. you have to have him on more

  • @theweirdkid6782
    @theweirdkid6782 Před 9 měsíci +12

    George's laughter is extremley contagious

  • @helpmegetto1k4channelnotab78

    *This feels natural for Memulous to do, reminds me of Quackity when he invaded furry servers a while back*

  • @GryffindorJess
    @GryffindorJess Před 2 lety +41

    The quality of the sponsor ad is way beyond anything related to NFTs could ever hope to be.

  • @magic_cfw
    @magic_cfw Před rokem +14

    I saw "svg" at the end of it so I think it's actually a vector graphic so it should be able to be opened on a web browser. But this does beg the question if these are literally randomised by changing the values inside the svg file (which is basically a textfile telling the pc how to draw the picture).

  • @mr_indie_fan
    @mr_indie_fan Před 2 lety +37

    The crossover we never knew we needed: memeulous and jack manifold

  • @May-scribbles
    @May-scribbles Před 2 lety +12

    I really really love the colorful subtitles!!! Thanks for those! Subs can be tedious but they’re so useful (and can be great for comedic effect ahah)

  • @seven8035
    @seven8035 Před 2 lety +27

    I've literally pissed myself laughing while watching this.
    Thanks guys

    • @ludos1963
      @ludos1963 Před 2 lety

      @Memeulous•• wait a second... You are not the real George M. Memeulous! Imposter!

  • @joemcneill1180
    @joemcneill1180 Před 2 lety +16

    14:43 Jack’s voice genuinely sounds like a divorced dad up the pub on his 13th pint of Stella

  • @ratchetprime5818
    @ratchetprime5818 Před 2 lety +27

    I dont know how to feel that george memeulous just showed my fucking local tesco in an NFT video

  • @Fann118
    @Fann118 Před měsícem +2

    I have to admit..
    I’m guilty of Screen shotting an NFT

  • @jare3459
    @jare3459 Před 2 lety +19

    Police: so, you posted a picture to the internet and shock people screenshot it?
    Police: do not call us we are trying help people in need.

  • @raedai8819
    @raedai8819 Před rokem +6

    I liked the last group. They played along a bit which is fun. I would be on the floor laughing if two people like you guys entered a chat. Love the videos.

  • @gulag9388
    @gulag9388 Před 2 lety +53

    George, Jack and NFT's.
    What could go wrong?

  • @CJMarkus
    @CJMarkus Před 2 lety +11

    I never knew George and Jack in the same video was something I needed.

  • @mstech-gamingandmore1827
    @mstech-gamingandmore1827 Před 2 lety +4

    0:34 you can still save them. Svg file format is for vector graphics (scalable image). You just need to convert it

  • @misscaution704
    @misscaution704 Před 2 lety +9

    This video is way too hilarious to exist. I was laughing so hard, love your content! 💖

  • @robertdunlap3362
    @robertdunlap3362 Před 2 lety +17

    2:39 "You've been dropped into the middle of Liechtenstein, oh no you've been double landlocked" a weird, but true fact about Liechtenstein that it's double landlocked.

  • @leeanneelfe7829
    @leeanneelfe7829 Před 2 lety +19

    Bro I’ve been watching this channel for a while and it will never get old. This is the most worthy channel

  • @dacarly1330
    @dacarly1330 Před 2 lety +3

    Love to see you guys posting again!

  • @roccoferiozzi2858
    @roccoferiozzi2858 Před 2 lety +18

    Man jack has a pretty good joker voice

  • @agony218
    @agony218 Před 2 lety +7

    i like how nft people have become the new flat earthers

  • @Happylink75
    @Happylink75 Před 2 lety +12

    i once screenshoted a entire collection before most where realeased because discord automatically made me join a nft server lol

  • @CoverBrazilian
    @CoverBrazilian Před 2 lety +16

    Lmao thank God someone finally did this 😂

  • @revolutionrevenge
    @revolutionrevenge Před 2 lety +6

    the effort put into that sponsor was amazing george

  • @jimmyvasquez5298
    @jimmyvasquez5298 Před 2 lety +4

    Bro I couldn't stop laughing, this might be one of my favorite videos of all time

  • @WarweaponPunk
    @WarweaponPunk Před rokem

    "Groovy Owl" is my new mood lmao. This video legit brightened up my day, thank you for existing.

  • @htlbeatz912
    @htlbeatz912 Před 2 lety +1

    George’s laugh alone makes me crack up. I just had this on in the background and I was dying lol

  • @woopytoast1772
    @woopytoast1772 Před 2 lety +4

    Best sponsorship ive ever seen, mr memeulous has really made it, no hidden fees, even in his taxes

  • @Rxinyv
    @Rxinyv Před 2 lety +1

    I haven't laughed so hard at a video in a while man, PLEASE DO ANOTHER ONE

  • @silverhowl9331
    @silverhowl9331 Před rokem

    This literally pleases my soul rn, thank you

  • @briefcayc
    @briefcayc Před 2 lety +7

    The only NFT content worth watching 😭

  • @Choccymilkaddict
    @Choccymilkaddict Před 5 měsíci +3

    I am currently in possession of 15 million pounds of screenshotted monkey pictures

  • @egginapocket
    @egginapocket Před rokem +5

    dude the one furry image you got drawn for Josh looked genuinely better than every one of these nfts
    remember kids, furry art > nfts

  • @lizzix5756
    @lizzix5756 Před 2 lety +6

    and remember that these are real people who genuinly enjoy these NFT'S

  • @Star-wb2ov
    @Star-wb2ov Před 2 lety +4

    Top tier ad, actually got me to not skip it

  • @milliehicklenton7965
    @milliehicklenton7965 Před 2 lety +1

    Definitely my favourite from you Georgie boy well done this is very very funny

  • @smooredotjpeg1404
    @smooredotjpeg1404 Před 2 lety

    This is the best video. Was excited before I saw Jack was in it and within seconds of this starting I knew this was gonna be some good shit. New best duo

  • @randomcomentor16
    @randomcomentor16 Před 2 lety +4

    That was the first youtube sponsorship ad I've ever actually watched all the way through

  • @SubwaySandwichBossIngo
    @SubwaySandwichBossIngo Před 2 lety +12

    The only time I ever watched a sponsor, honestly. Anyway, you guys had me cracking up as you always do. Love seeing people take the piss out of crytobros.

  • @rosebud1659
    @rosebud1659 Před 2 lety

    This was WILDLY entertaining LOL plz do more of this 🤣

  • @amk__
    @amk__ Před 2 lety +2

    I love george's discord videos.

  • @jay70328
    @jay70328 Před 2 lety +13

    Jack Manifold sounds like a washed up wedding DJ

  • @07kamichamakarin
    @07kamichamakarin Před rokem +3

    Moral of the story: Snipping tool is one of the best computer tools.

  • @colorzFX
    @colorzFX Před 2 lety +2

    svg is still an image format. They're just probably changing it so people who don't know better can't just save the images, it's like band-aid to a gunwound

  • @TheFunnyGuys_Charley
    @TheFunnyGuys_Charley Před 2 lety +2

    George, love you're advertising skills

  • @rhxdi9257
    @rhxdi9257 Před 9 měsíci +4

    1:02 looks like a shit remake of an animation Gorillaz would make in the 2000s

  • @xenontesla122
    @xenontesla122 Před 2 lety +4

    0:31 That's even better than saving a png. Throw that into a vector editor and you can edit all the colors and shapes. Not that you'd want to, since it'll still look like crap.

  • @charliedempsey9673
    @charliedempsey9673 Před rokem +2

    this is alot of fun, myself and a few friends did this and we were in tears laughing

  • @nachardou.4780
    @nachardou.4780 Před 2 lety

    Never thought i would enjoy a video like this so much

  • @akiru84
    @akiru84 Před 2 lety +11

    George keeps making video with Jack Manifold we're getting closer and closer to a George Memelous and George Not Found collab

  • @blanck7457
    @blanck7457 Před 2 lety +7

    NFT’s will burn and we will all laugh

  • @carparked
    @carparked Před 2 lety

    loving that ad read lmao, great video!

  • @TheaPeanut_69old
    @TheaPeanut_69old Před 2 lety +1

    svg is still an image file and discord can use pretty much any image file
    and svg(or literally anything) to png exists

  • @Brosethorns
    @Brosethorns Před 2 lety +3

    20:31 I’m pretty sure it’s an adventure time reference, in one episode princess bubblegum says she’s “outi five thou(sand)” so they meant that they’re gonna be banned

  • @sStormy
    @sStormy Před 2 lety +5

    OMG HES BACK ON THE MAIN CHANNEL!

  • @jdjfajfiladjfasdhflkasdksj6280

    OK but Jack's joker impression is actually so good

  • @_izzy_t2110
    @_izzy_t2110 Před 2 lety +2

    keep your head up george

  • @kingpanguan
    @kingpanguan Před 2 lety +4

    George laughed so hard it damaged my speaker

  • @alex-kc9rd
    @alex-kc9rd Před 2 lety

    genuinely a superb ad read, worth watching

  • @birb296
    @birb296 Před 2 lety +1

    The sponsor advert is possibly the most fun I have had watching an ad ever

  • @stein_offline50
    @stein_offline50 Před 2 lety +2

    I know this will be a banger

  • @JBsAdventures
    @JBsAdventures Před 2 lety +15

    screenshotted this video. stay mad

  • @zhaos69
    @zhaos69 Před 2 lety

    that sponsor part was honestly so good. i actually use revolut now.

  • @lulobo5418
    @lulobo5418 Před 2 lety +1

    GEORGE THIS WAS SO INCREDIBLE. YOU GUYS SHOULD COLLAB MORE AND ALSO RUN A TRAIN ON ME

  • @NukaColaDrinker
    @NukaColaDrinker Před 2 lety +14

    I genuinely wonder if people make money off NFTs or if everyone’s being mugged off

    • @genericname8727
      @genericname8727 Před 2 lety +24

      It’s like MLM scams, though slightly different. Some people make a lot of money. Others are promised they can make a lot of money too, but only if they buy the product as an investment to sell later. It’s presented as a lucrative business opportunity, but of course the product rarely gets more valuable than what these people pay for it. And anyone else dumb enough to buy the product is only doing so because they too hope to be able to sell it for more at a later point. Those making a lot of money are generally scammers. Like how a lot of people who buy into MLM scams can be in crippling debt while still swearing the MLM is a great investment and nothing is wrong, same goes with a lot of NFT buyers. Part of that is denial, part of it is still believing the lies they’ve been told and that are being reinforced by their cult-like community in the same boat as them, and part of it is not wanting to make a product you’ve invested in sound bad. No matter how bad you realise it is, you have to make it sound good if you want to get out with a profit. There’s an element of the sunken cost fallacy at play there too since most people buying NFTs are doing so as a form of gambling.

    • @fredohonius
      @fredohonius Před 2 lety +5

      It works the same as every other pump and dump scheme pre-NFTs. Some of them profit, but most lose out on it and wont even talk about it because they feel stupid.

    • @dellagyzy
      @dellagyzy Před 2 lety

      We do make money, just not every project is a guaranteed, then again, people who are making money aren't really sticking around for projects, if you hear someone making money, they most likely flip the nft when the hype is at it's highest, sometimes you flip a project that flops, and sometimes you flip something that does a 10x, you never know so profit is profit.
      But yeah, if you're not treating it with this mentality, you will end up buying a useless nft that has no real value and only hype most of the time if you're not careful.

    • @alfieee2279
      @alfieee2279 Před 2 lety

      im like 40x the money i started with and thats with being pretty risk-adverse, people who are more degenerate make/lose a lot more tho

  • @pixelatid
    @pixelatid Před 2 lety +4

    19:25 As a Collin, I feel attacked.

  • @regretevatorr
    @regretevatorr Před 2 lety +1

    I DIDN'T REALIZE THIS WAS YOU AND JACK OMGGGG