What happened to these Celebrity NFTs?

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  • čas přidán 6. 05. 2024
  • Justin Bieber, Kevin Hart, Tekashi69, Lindsay Lohan, Gary Vee, Floyd Mayweather and more... what happened AFTER they released their NFT projects?
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    This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I think someone who promises $100K/month for an upfront fee of $2K is a scam. Others would call it a Napoleon Hill pitch.
    0:00 What happened to these Celebrity NFTs?
    1:01 Justin Bieber
    1:32 Tekashi69
    3:37 Lana Rhoades
    4:07 Gary Vee
    4:46 Reese Witherspoon
    5:35 Lindsay Lohan
    5:57 John Wall
    6:17 Tyson Fury
    6:37 Floyd Mayweather
    7:09 Kevin Hart
    7:51 Mike Tyson
    8:23 Steph Curry
    8:53 French Montana
    9:22 NELK
    9:44 Stan Lee
    10:27 Grimes
    10:38 A$AP ROCKY
    10:49 Lil Uzi Vert
    11:02 Jake Paul
    11:17 What have we learned?
  • Zábava

Komentáře • 2,9K

  • @mtwata
    @mtwata Před rokem +4158

    When you feel dumb, remember there are people buying celebrities NFTs

  • @manishalu7415
    @manishalu7415 Před rokem +4688

    " i jumped into the NFT community without knowing what an NFT was"
    So did 95% of the NFT buyers.

    • @tetee6789
      @tetee6789 Před rokem +171

      99%

    • @Hobiemyhubby
      @Hobiemyhubby Před rokem +110

      I assume if you even slightly know what it is you wouldn't jump into it so yeah 99%

    • @thegadflygang5381
      @thegadflygang5381 Před rokem +114

      I dont know about you but I see a 70IQ barely literate kid with face tats and rainbow hair and think "THIS IS THE GUY I WANT TO INVEST MY LIFE SAVINGS IN"

    • @MariaTorres-hc5uq
      @MariaTorres-hc5uq Před rokem +53

      @@thegadflygang5381 I still don't know what an NFT is, and I don't want to know, being 63 is a blessing of some kind. But buying from a guy who looks like a ghetto dumpster attacked by taggers, not really. Best wishes from Lisbon Portugal.

    • @carawikirran
      @carawikirran Před rokem +9

      it is a file which anyone can have with a right click on the mouse and save !

  • @Scoopz123
    @Scoopz123 Před rokem +805

    I can't believe that buying NFTs from a guy who is covered in tattoos of 69 would have been a bad idea.

  • @davidwilliamson8502
    @davidwilliamson8502 Před rokem +246

    Crazy how these celebrities can call it a “cash grab” instead of a “scam” and everyone just accepts it.

  • @collettehinz5427
    @collettehinz5427 Před rokem +6906

    Honestly the celebrities that didn't shill NFTs really set themselves apart in terms of professionalism

    • @basedmatcha648
      @basedmatcha648 Před rokem +277

      A lot of them were forced. Go look at their record labels and follow that.

    • @lowzyyy
      @lowzyyy Před rokem +376

      even fuckin eminem had NFT. Dont know what to think anymore

    • @eliassanchez420wakenbake
      @eliassanchez420wakenbake Před rokem +5

      @@lowzyyy acting as if emimem
      Is diff from the rest of the tard celebs

    • @totan3992
      @totan3992 Před rokem +111

      No they just did the bare minimum

    • @Frostbytedigital
      @Frostbytedigital Před rokem +57

      Their publicist or accountant more likely.

  • @drakkenmensch
    @drakkenmensch Před rokem +4361

    With all these NFTs being abandonned right after minting, with the creators holding the rug with both hands moments before the release, I'm surprised that *ABANDON-MINT* is not a common term in use yet!

  • @_emory
    @_emory Před rokem +599

    “To all my fans, I extremely apologize”
    -Tekashi, six 9

    • @sublime90
      @sublime90 Před rokem

      imagine being dumb enough to buy anything he's selling

    • @rustysmackleford2333
      @rustysmackleford2333 Před rokem +1

      Tekashi 6ix9ine is a saint

    • @JMW10o0o
      @JMW10o0o Před rokem +15

      I love how you made it a last name comma first name format I legit lol'd😂

    • @_emory
      @_emory Před rokem +10

      @@JMW10o0o Tekashi of the 69th clan

    • @rudysconstruction
      @rudysconstruction Před rokem +1

      @@JMW10o0o LMAO! Yes!

  • @btbarr16
    @btbarr16 Před rokem +179

    69's apology video basically translates to, "I didn't know I was scamming people... But now I do."

    • @polster2
      @polster2 Před rokem +14

      Basically translated to "I only got to keep a small % of scammed money 1st go around as a paid spokesman." Now I own the scam outright and will keep 100% of the proceeds, Suckers! :-)

    • @onomeadeyemi4780
      @onomeadeyemi4780 Před rokem +3

      😂🤣😂🤣🤣🤣🤣

  • @cs3705
    @cs3705 Před rokem +2122

    It's been 2 years since I learned of NFTs and I STILL have no clue what the point is or why anyone would purchase one. It's literally just tulip mania over and over. What actual, physical, functional value do any of these NFTs provide, and why on earth do people keep buying them?

    • @BBWahoo
      @BBWahoo Před rokem +265

      Privilege, they're essentially buying social credit like that one chinese meme.

    • @jeffreyval9665
      @jeffreyval9665 Před rokem +91

      @@Ewooy Access to what???

    • @the_nma5119
      @the_nma5119 Před rokem +261

      ILLEGAL MONEY NEEDS A LEGAL WAY TO BE USED

    • @NoName-ze4qn
      @NoName-ze4qn Před rokem +65

      It's the speculative value. Given enough hype and strategies, it could make so much money, but...

    • @ddegn
      @ddegn Před rokem +219

      "just tulip mania"
      NFTs make tulip bulbs seem like a brilliant investment.
      Now I'm wondering if anyone has made a series of NFTs with a tulip theme?

  • @bitteroldhousecat9304
    @bitteroldhousecat9304 Před rokem +1760

    I commend the bravery of the parents of anyone who bought an NFT from Tekashi69. I don't how they do it. They have to look in the mirror everyday and know that they completely and utterly failed, yet still put one foot in front of the other and go on. Amazing people.

    • @michaeljones6832
      @michaeljones6832 Před rokem +71

      i wish i could like this comment more than once

    • @liamcollinson5695
      @liamcollinson5695 Před rokem +28

      Nft scams are the least of his problems

    • @peachy6969
      @peachy6969 Před rokem +34

      Especially those who bought after the first one crashed.

    • @nodangles6983
      @nodangles6983 Před rokem +4

      🤣

    • @SoFarSoGoodSoWhat14
      @SoFarSoGoodSoWhat14 Před rokem

      Hey kids do dumb shit, I'd be more concerned about the grown ass adults giving money to these creeps

  • @pequod4906
    @pequod4906 Před 9 měsíci +95

    Something feels deeply wrong about corporations releasing NFTs under Stan Lee's name, despite him being dead and likely objecting to NFTs given how he was in life. It's almost like they're puppeteering a corpse and making it say "give us money!" and it feels disrespectful to his memory.

    • @duckbuster1572
      @duckbuster1572 Před 4 měsíci

      It’s similar to when racists use Martin Luther King Jr as a weapon against social justice movements. It’s disrespectful, and they can’t protest because they’re dead

  • @calamaria9221
    @calamaria9221 Před rokem +160

    The first mistake was buying a NFT.
    The second mistake was trusting someone with a big "69" tattooed on their face.

    • @we8608
      @we8608 Před rokem

      And what about all the others? Wtf difference does it make if a scammer has a face tattoo or not? Moron.

    • @toweypat
      @toweypat Před rokem +10

      Let's face it--any face tattoo is a huge red flag.

  • @PaeBabbling
    @PaeBabbling Před rokem +1552

    Seems like coffee will never run out of his content since most of business now a day is all about how much you can steal and get away with it.

    • @Elegant_Sausage
      @Elegant_Sausage Před rokem +47

      It's a truly sad state of affairs.

    • @yudhiadhyatmikosiswono9082
      @yudhiadhyatmikosiswono9082 Před rokem +37

      First my favorite CZcamsr Jake Tran go NFT and now celebrities follow the trend. Not to mention the inflation went high, food prices go up and my taxes go up too.
      This year is full disappointment.

    • @defeatSpace
      @defeatSpace Před rokem +6

      I wonder if he'll pull a Jake Tran soon too.

    • @mattbob1995
      @mattbob1995 Před rokem +5

      fake business baby

    • @Kevin_Street
      @Kevin_Street Před rokem +36

      I think Coffeezilla's real passion is going after fake gurus, but he's already done videos on most of them. NFTs are such a transparent scam they're easy to expose, but more new ones keep popping up every day. Doing a lot of NFT videos must feel like playing that old Whac-A-Mole game.

  • @stefanarlio1579
    @stefanarlio1579 Před rokem +2216

    We're at a point in time where celebrities who don't do NFT'S are getting more rare than those who do. This timeline is crazy.

    • @RichardVagner
      @RichardVagner Před rokem +9

      Cuz nfts are the future lmao. They’ll always be bad actors in any area of life.

    • @Sn00pzor
      @Sn00pzor Před rokem +70

      @@RichardVagner ha lol

    • @unknown3158
      @unknown3158 Před rokem +79

      They can make money off of it, even if their fans lose money, and they face no repercussions.

    • @EbonMaster
      @EbonMaster Před rokem +96

      @@RichardVagner Yeah like flying cars and Segways right? lol

    • @Splicea
      @Splicea Před rokem +51

      @@RichardVagner future my ass

  • @reenakemp9132
    @reenakemp9132 Před rokem +50

    OMG one of my friends tried to get me to cash out my very healthy Roth IRA to invest in NFTs... I flat out said no. He then proceeded to tell me it's the future and I'm missing out. It was still a big solid NO

    • @Kiefy6886
      @Kiefy6886 Před rokem +8

      Smart man. NFTs are a scam

    • @Ihatesports420
      @Ihatesports420 Před rokem

      had a couple friends like this too. they also told me to go all in on Safemoon....

    • @parzival3632
      @parzival3632 Před rokem +2

      Stay away from NFTs or Cryptos. 100% of it is a scam.

  • @iMightyElephant
    @iMightyElephant Před rokem +149

    Love the video, but a bit sad you didn't include Paris Hilton's NFT collection which was widely publicized on Jimmy Fallon where he promoted NFTs on national television. Would be interested to see how that turned out, even tho I have a pretty good idea considering these examples

    • @toomanyaccounts
      @toomanyaccounts Před rokem +17

      its a scam

    • @jbird4478
      @jbird4478 Před rokem

      @@toomanyaccounts They're all scams. The "successful" ones just haven't popped yet.

  • @MrChochichon
    @MrChochichon Před rokem +146

    NFTs are basically the opposite of Robin Hood: stealing from the "poor" to give to the rich.

    • @TecTitan
      @TecTitan Před rokem +5

      When you spend all of your money on NFTs you're poor not "poor" because you no longer have anything of value.

    • @theghostofsabertache9049
      @theghostofsabertache9049 Před rokem +9

      Stealing from the stupid to give to the slightly less stupid.

    • @MasonMsotsos
      @MasonMsotsos Před 6 měsíci

      Actually so well said

  • @ibexy
    @ibexy Před rokem +506

    Some of these people are wealthy beyond your wildest dreams yet their greed leads them into these "dubious" nft deals

    • @Yora21
      @Yora21 Před rokem +43

      That is the nature of the economic system. It's no longer about wealth, value, or utility. It's about making the numbers go up because numbers going up has taken the place of any kind of meaning. You do work to make the numbers go up because that has become the meaning of life and the purpose of being.

    • @gur262
      @gur262 Před rokem +50

      @@Yora21 that's not an excuse at all. When you are rich you get to say no to shit like this. One tweet how shit nft are n it's over, no matter if management pushes or not.

    • @Jinkypigs
      @Jinkypigs Před rokem +21

      @@Yora21 nature of economic system? LOL. not it is nature of human greed and gullibility

    • @gmm3780
      @gmm3780 Před rokem +2

      @@Jinkypigs lmao “nature”

    • @id10t98
      @id10t98 Před rokem +8

      Most of these clowns will be broke by the time they reach 50 years old because they think the money will never stop flowing their way.

  • @GreenGiant400
    @GreenGiant400 Před rokem +61

    These celebrities are selling their reputations. Every venture that takes people's money only to fade away is leaving fans feeling burned.

    • @EmeraldAshesAudio
      @EmeraldAshesAudio Před rokem +6

      I would never buy an NFT, but I'm side-eyeing a couple celebs just knowing that they scammed their fans. It makes me less likely to watch them in a movie or whatever else.

  • @olliesutton1804
    @olliesutton1804 Před rokem +15

    “Sorry I scammed you, but invest in my new scam” - 69

  • @jp__878
    @jp__878 Před rokem +1633

    I really hope these projects come back to bite these celebrities in the ass financially. I’ve seen a lot of stuff on the internet worried about this new funding to the IRS and how they’re going to target poor/middle class people. I don’t know if that’s totally the case but I really hope they begin investigating these celebrities/influencers. Whether it be NFTs or crypto or offshore gambling anyone with half a brain knows a lot money is going unreported (or hid elsewhere by sneaky accountants).

    • @lonyo5377
      @lonyo5377 Před rokem

      Stop reading conservative fearmongering BS

    • @Thor-Orion
      @Thor-Orion Před rokem +96

      I really hope that's who they investigate. 80% of audits over the past several years have targeted individuals making under 200k a year.

    • @oldboy4271
      @oldboy4271 Před rokem +1

      Celebrities can afford expensive lawyers while poor and middle class cant, its already been proven in the past that regular people and small businesses are targeted because its the easiest. If you look at the history you know they are lying....

    • @jp__878
      @jp__878 Před rokem +50

      @@Thor-Orion that correct. However logical reasoning leads one to believe most ppl making 200k+ have accountants who’s job is to make sure they’re not audited. I’d argue that the lack of IRS funding, that’s been pointed out before by those on the left and right, leads to this exact issue. The 80% doesn’t give a full picture

    • @Thetruth-fe8fj
      @Thetruth-fe8fj Před rokem +20

      Won’t happen never does

  • @treverwillis4348
    @treverwillis4348 Před rokem +323

    Great video, never realized how many celebrities are willing to sell their fans so easily

    • @hamyncheese
      @hamyncheese Před rokem +15

      you don't have to guess anymore. It's ALL OF THEM, and it isn't just celebrities doing it.

    • @OU81TWO
      @OU81TWO Před rokem +24

      I won't look at Kevin Hart the same way. He seemed like a good guy. Now I seem him as a con artist like all the rest.

    • @UndeadxAssasian
      @UndeadxAssasian Před rokem +4

      @@OU81TWO idk if its a con artist thing it was just bad

    • @vincenzocalia6552
      @vincenzocalia6552 Před rokem +10

      I think they're just so ignorant about it that you can easily talk them into it and they'll just get all the blame .. but at the end of the day they don't give a damn.. the majority of their fun base will never drop them.. they're just like their personal cult..

    • @christiandruan
      @christiandruan Před rokem +8

      Think of it this way. They’re paid to act. So they’re very good at it. That’s how they get people to like them, it’s all an act.

  • @TheJacklikesvideos
    @TheJacklikesvideos Před rokem +9

    "i'm sorry i led you to destitution. i didn't have any idea what i was doing. this time will be different, because i'll be running it."
    this pitch would get you laughed out of every board room.

  • @danielx555
    @danielx555 Před rokem +31

    It's almost shameful that adults talk about NFTs as if they were ever anything but a scam. Folks saw the success of shitcoin swindling and decided to come up with an easier way to fleece the marks.

    • @MasonMsotsos
      @MasonMsotsos Před 6 měsíci +1

      And a man Penguinz said, people that missed the GameStop surge were especially vulnerable to the NFT / crypto boom during the pandemic

  • @CyborgWolf
    @CyborgWolf Před rokem +360

    I don't understand how people would invest in stuff promoted by Tekashi a known criminal, or Lindsay Lohan who is just... A mess.
    You look at their project & think "yeah I trust them with my money" in what universe?

    • @toomanyaccounts
      @toomanyaccounts Před rokem +13

      you got a scam bot following you around

    • @CyborgWolf
      @CyborgWolf Před rokem +49

      @@toomanyaccounts I KNOW HE IS EVERYWHERE. Like, leave me alone lol

    • @thephilosopher7173
      @thephilosopher7173 Před rokem

      They're invested in greed. Its sad because NFT technology actually does have a future on the web whether ppl like it or not, but atm its been hijacked by ppl who use it to make money selling crappy pics of animals.

    • @greenlamp9219
      @greenlamp9219 Před rokem +16

      most people dont actually think its a good investment. they just know that if enough hype surrounding the person is there they can buy an nft and make a quick 2x 4xand sell it to some other sucker

    • @karimtv2
      @karimtv2 Před rokem +1

      i feel the same people that paid into this are degens

  • @motionksg
    @motionksg Před rokem +382

    anyone who bought lana’s nfts thinking it was a good investment deserves their money getting taken bruh

    • @mgancarzjr
      @mgancarzjr Před rokem +79

      Their suffering was worth forcing her off the internet.

    • @mrmeseeks2655
      @mrmeseeks2655 Před rokem

      @@mgancarzjr She stopped porn so no more use in the beginning

    • @p.chuckmoralesesquire3965
      @p.chuckmoralesesquire3965 Před rokem

      that's how I feel about most of the NFT community is that most of these suckers probably deserve it

    • @EmperorArghoslent
      @EmperorArghoslent Před rokem +12

      You can say this about any celebrity nfts

    • @littlehaven7275
      @littlehaven7275 Před rokem +2

      Why specifically hers huh..? 🤔

  • @tmzz3609
    @tmzz3609 Před rokem +23

    I feel like 69 was actually pretty honest. I still don't think he knows what crypto or NFTs are

  • @zedudli
    @zedudli Před rokem +72

    I’d love to see an update to this, even more if this become a recurring show

  • @dorkultra
    @dorkultra Před rokem +70

    Tekashi69's "apology" should give you all the info you need to know about celebrity endorsed NFTs

    • @Bhodisatvas
      @Bhodisatvas Před rokem +2

      Yeah, he just brushes it off as a mistake and then doubles down, the ego on these fools is mind boggling.

  • @petrelli231
    @petrelli231 Před rokem +42

    "we keep lighting our money on fire and somehow it keeps resulting on our money being on fire. I wonder why this trend keeps occurring."

  • @bc-guy852
    @bc-guy852 Před rokem +13

    I think I've learned that I'm addicted to Coffeezilla!! I discovered your channel a while ago, subscribed of course and have been binging on your great productions since!
    Great stuff!

  • @KyleChasseCrypto
    @KyleChasseCrypto Před rokem

    Always got great content man. Really enjoy your videos!

  • @SaltStorm007
    @SaltStorm007 Před rokem +282

    LMFAO....NFT’s went from ‘new/cool’ to ‘COMPLETE BS’ fast af💯😂

    • @Lotanna20
      @Lotanna20 Před rokem +13

      🤣too fast

    • @F0rever.B0red
      @F0rever.B0red Před rokem

      The only ones that though they were cool were the ones making money from this money laundering scheme. Everybody else was just pumping money on JPG's

    • @mgancarzjr
      @mgancarzjr Před rokem +25

      Tulips

    • @SharmV
      @SharmV Před rokem

      They were never cool, just used to pedal to the boomers that had to use the internet over lockdown

    • @JbassPlayer28
      @JbassPlayer28 Před rokem +67

      Anyone who didnt see a scam from the beginning is really naive IMO

  • @xzx4696
    @xzx4696 Před rokem +760

    I remember when scamming people was illegal and could get you in trouble but now pretty much everybody can do it and there's absolutely no consequences including to celebrities that are even in the United States
    Edit: I may have given some confusion on what I meant by "celebrities that are even in the United States" I meant that the celebrities that are doing these scams like Jake Paul, Floyd Mayweather etc live in the United States and if they lived in a different country it would be a lot harder to prosecute them if they're in a different country
    Hope that clears up any confusion

    • @davesprivatelounge
      @davesprivatelounge Před rokem +63

      Capitalism babybeeee, the rich always go unpunished

    • @rajbhattacharya4427
      @rajbhattacharya4427 Před rokem +44

      Even I could get rich with these scams. But I'd have to be rich to do it, first. I'm just wondering who these brain dead people are that are buying NFTs in the first place. Are they children maybe?

    • @Kahoobb
      @Kahoobb Před rokem +5

      @@rajbhattacharya4427 you do not have to be rich to make an nft project

    • @Kahoobb
      @Kahoobb Před rokem +2

      I know people who got rich off of making nfts, they didn't have much money before, they also aren't active on those nfts anymore so they rugged aswell.

    • @Kahoobb
      @Kahoobb Před rokem +1

      @@davesprivatelounge not just the rich.

  • @kaylarodrigues9017
    @kaylarodrigues9017 Před rokem +51

    It was suggested to Joe Rogan many times to make an nft collection, he dismissed it every time

    • @justinsmith4562
      @justinsmith4562 Před rokem +11

      Of course he did. Any half normal person would.

    • @dopesickdog
      @dopesickdog Před rokem +24

      @@justinsmith4562 i like the implication that Rogan is just half-normal lol

    • @cwill2127
      @cwill2127 Před rokem +8

      @@dopesickdog that’s a bit generous to be fair

  • @simonec3511
    @simonec3511 Před rokem

    This channel is flying every day +1k subscribers. Well done! 🎉

  • @midimusicforever
    @midimusicforever Před rokem +247

    You chose a great niche! Grifters and scammers is something we will never run out of!

  • @HP-mk3yb
    @HP-mk3yb Před rokem +28

    “I extremely apologise” but that part where I lied in the promo and Won’t be refunding your money.I’m fine with🤣🤣🤣

  • @WhyYoutubeWhy
    @WhyYoutubeWhy Před rokem +16

    I didn't learn much because I still don,t understand what freaking NFTs are lol. Like, what do people invest in? Just doodles and cartoon images? How is that refered to as an investment and not a buy?

    • @threefreaksonaleash6619
      @threefreaksonaleash6619 Před rokem +2

      Same here 😹

    • @Sergeeeek
      @Sergeeeek Před rokem +8

      You're pretty much correct.
      I won't go into details about blockchain or crypto, just know that nfts work through those technologies.
      Basically there is a database that keeps track of which nft belongs to whom. When you sell your nft that database updates. The point is that the database cannot be modified by anyone outside of buying and selling, that is achieved using blockchain and crypto.
      So when you buy an nft, you buy a record in that database that says it now belongs to you. The record itself, though, will only contain a link to an image/video/etc, so the actual image will not be saved there (if link stops working, say bye bye to your nft lol). That's because storing a large amount of data in there is super expensive because of the blockchain.
      Crypto bros believe that having an nft is the same as owning a digital thing. But it is just a database, there are no legal consequences if somebody screenshots your nft or just downloads it.
      It's a lot like scams in 90-s and 2000-s when companies were popping up that let you "pre-order" land on the moon. The problem is that 1. They didn't actually sell anything real 2. There were multiple companies, so who owns it in the end?
      Total scam.
      Tomorrow somebody could launch NFT 2 and resell the same images that were already sold, so it makes 0 sense.

    • @ArDeeMee
      @ArDeeMee Před rokem +1

      NFTs aren‘t images.
      They are links TO images.
      They are hyperlinks.
      Aka „click (here) to see more“.
      The image can just get swapped to dick pics at any point. You don‘t own shit.

    • @WhyYoutubeWhy
      @WhyYoutubeWhy Před rokem +2

      @@Sergeeeek Thank you.

  • @xJopeRz
    @xJopeRz Před rokem +133

    how is it not illegal? i dont get it. these people should be charged, or at the very least face serious backlash from us as a collective.

    • @ladsd679
      @ladsd679 Před rokem +4

      It’s crypto

    • @sudoo6987
      @sudoo6987 Před rokem +5

      Crypto baby

    • @dopesickdog
      @dopesickdog Před rokem +3

      @@sudoo6987 *baybeeeee

    • @momchilandonov
      @momchilandonov Před rokem +10

      The issue is that since there is no regulation those scammers are not legally entitled to keeping their promises! They can always provide an excuse in court like "The project didn't face enough popularity" "I cannot influence the price of the NFT, so it's not my responsibility" etc.

    • @spimbles
      @spimbles Před rokem

      people know theyre buying PNGs. theres no scam there lol

  • @kr1spness
    @kr1spness Před rokem +45

    The Kevin Hart one is so saddening. There are actors who try to take their job so seriously they find watching their own content cringe, and then there's the actors who will take whatever job pays and then ignore how cringe they look. Not glad to find out he's the latter.

  • @zacheryblackburn6627
    @zacheryblackburn6627 Před rokem +71

    You realize that every one of these celebrities placed the losses on their buyers right? They made bank, disappeared and not nearly enough people are mad about it

    • @shoazdon7000
      @shoazdon7000 Před rokem +5

      His entire content from the last year has basically been because of this reason.

  • @adeadgirl13
    @adeadgirl13 Před rokem +71

    And I thought NFTs were a way to sell unique digital art pieces to collectors, like you'd sell a real painting.

    • @davidfaustino4476
      @davidfaustino4476 Před rokem

      Except a paintings value is in the artist. Are these chuckleheads drawing the dumb cartoon monkeys?

    • @georgex231
      @georgex231 Před rokem +29

      HAHAHAHAHA NOT EVEN CLOSE MAN

    • @jbird4478
      @jbird4478 Před rokem +33

      No, the art are just image files. You can just right-click and save them if you want to have them. You also don't really buy the image. All you buy is a token that basically lists you as the owner within that specific blockchain. It's kind of like buying a star or planet from a company that keeps a list of who owns what star.

    • @GloriousGrunt
      @GloriousGrunt Před rokem +2

      @@jbird4478 and it then puts your crypto into something that you might not be able to sell or make a loss on, very similar to penny stocks

    • @natashalaurentia2763
      @natashalaurentia2763 Před rokem +5

      If this was the main idea it won't be this kind of dumpster fire we see today

  • @gachatookthekids
    @gachatookthekids Před 7 měsíci +2

    We need an update now that 95% of NFTs are useless now (not that they had any uses before)

  • @edamommy
    @edamommy Před rokem +119

    Anthony Hopkins just released a post promoting his NFTs and it breaks my heart

  • @leadingauctions8440
    @leadingauctions8440 Před rokem +257

    An Unpopular, yet Common Sense opinion:
    ANYONE who would take Financial Advice from Tekashi69 should not have money to begin with and the world is better off without them having any.

    • @westernbrumby
      @westernbrumby Před rokem +7

      A lot of dumb money in the world

    • @jackymayo
      @jackymayo Před rokem +4

      Hmmm idk about that one. What about your grandma taking advice about refunding something or trying to get money then getting scammed by a scammer? Does she not deserve money because she got deceived so easily by some random internet scammer?
      It's important to be wary about scams and bad financial advice but you can't blame the victim. They'll learn from this hopefully but to say they should not have money to begin with is a bit much.

    • @ProfAzimov
      @ProfAzimov Před rokem +18

      @@jackymayo Is the grandma taking advice from a rapper with more tattoos than braincells?

    • @jackymayo
      @jackymayo Před rokem +2

      @@ProfAzimov what difference does it make? how is this related to my point

    • @Misanthrope84
      @Misanthrope84 Před rokem +5

      True, that man is a muppet.

  • @lukelaputka7164
    @lukelaputka7164 Před rokem

    Always great content Coffee

  • @alichehab5804
    @alichehab5804 Před rokem

    Great vid as always

  • @tjsokkerplayer
    @tjsokkerplayer Před rokem +75

    You said it well! These celebrities have no incentive to see it out that their project succeed. All they care about is building initial hype and receiving that first paycheck. After that, what motivation do they have to keep promoting the project? There is no accountability. There is no utility. All there is, is unsubstantiated hype that the NFTS will never be able to sustain..

    • @36424567254
      @36424567254 Před rokem +6

      This is absolutely true, but I think it's also missing a bigger point. What would care mean anyway? They are non fungible by definition. They don't do anything. The only thing you can do to keep the project valuable is...keep building more hype, forever. The moment you stop, they crash....because hype is literally all they are . If they had intrinsic value they wouldn't crash. If they at least had artistic value, maybe they wouldn't crash. But they're not art, they are "the proof of possession" of (in most cases, absolutely bad, replaceable, soulless, talentless, and thus economically worthless) art.

  • @nothlw
    @nothlw Před rokem +196

    it's also worth adding that the fact they're dropping is twice as bad when the price of eth has also dropped by half

    • @Samedang
      @Samedang Před rokem +11

      He addressed this and adjusted

    • @nothlw
      @nothlw Před rokem +25

      @@Samedang no he didn’t. He said he did it in eth as the price of eth has dropped. That’s not what I’m saying.

    • @protoman1214
      @protoman1214 Před rokem +17

      He literally says ethereum has fallen 50%…. 3:26

    • @spol
      @spol Před rokem +1

      @@nothlw we know what you’re saying but he already said that.

    • @nothlw
      @nothlw Před rokem

      @@spol cheers Aaron but it’s not what he said

  • @carl1465
    @carl1465 Před rokem +3

    The effortless segues were honestly the highlight of this video 🤣 it was all so seamless

  • @Sparflight
    @Sparflight Před rokem

    You are righteous Coffeezilla 👌

  • @monad5140
    @monad5140 Před rokem +176

    This channel is a gift from the heavens. So few people hold these scammers to account and breakdown the actual facts of the swindle. Coffeezilla is a godsend.

  • @xendodev365
    @xendodev365 Před rokem +35

    Cant wait to see the 10 million dollar studio NFT

  • @Max-je1sn
    @Max-je1sn Před rokem +1

    Love your videos

  • @danieljychun
    @danieljychun Před 8 měsíci +1

    I recently wrote a journal article called "When the NFT Hype Settles, What Is Left beyond Profile Pictures? A Critical Review on the Impact of Blockchain Technologies in the Art Market"

  • @managlen320
    @managlen320 Před rokem +63

    Coffee you failed to mention with projects selling below 0.002 that Opensea literally won’t let people sell NFTs under $5 USD 🤣 so there’s a reason it’s -99% and not -99.99999999%

  • @thekrustychub5038
    @thekrustychub5038 Před rokem +59

    Anytime you hear "some people in the industry tried to experiment with things such as real world utility" maybe that's a sign to avoid that industry.

  • @xih777
    @xih777 Před rokem

    Thank you 🙏

  • @thcenterprisellc112
    @thcenterprisellc112 Před rokem +4

    I’d be interested in seeing a video about gas monkey nfts . Great video man !

  • @ninjahedgehog5
    @ninjahedgehog5 Před rokem +90

    The running theme of these celebrity NFTs is the celebrity is rarely involved. What usually happens is that some behind the scenes entourage sees the easy money, gets the celebrity that has no idea what NFTs are sign off on it but the celebrity has no involvement at all outside MAYBE the original announcement. Wich is why the 1 NFT doing well has (what it seems like) an actively involved celebrity.

    • @numberonehater1239
      @numberonehater1239 Před rokem +12

      I think the difference is that vee is famous specifically in the crypto space, no one outside of it gives a fuck who he is or has even heard of him, so of course his nft is doing better than a pop star with a predominantly teenage audience. Who woulda thought.

    • @WeAreJungians
      @WeAreJungians Před rokem +2

      @@numberonehater1239 That's a low blow and a false one at that. Gary is known in much more than the crypto community LOL The dude has multiple top selling books in the marketing sphere and is a pretty smart entrepreneur. The logical fallacy that he's doing well because he's in the crypto space is just outright wrong. There are others in the space (e.g. kevin o leary) who are also known entrepreneurs and who are also known in the crypto community who's investments aren't doing so well. Gary's project is successful because he attached it to what he teaches and that's to have value outside of the NFT itself.

    • @rustysmackleford2333
      @rustysmackleford2333 Před rokem +2

      @@numberonehater1239 Gary Vee IS a pop star with a teenage audience.. but you're right that he's been known in the crypto space

    • @we8608
      @we8608 Před rokem

      Sir, congratulations. You've perfectly described their cop out.

  • @kartgal
    @kartgal Před rokem +155

    Coffeezilla acknowledging Gary Vee’s project was pretty cool. He could have easily left out any less then terrible ones. It just shows that he is truly trying to report the facts

    • @MsJohnReiff
      @MsJohnReiff Před rokem +9

      Underrated comment

    • @zes3813
      @zes3813 Před rokem

      wrr

    • @Y_hass
      @Y_hass Před rokem +2

      *than

    • @christmastiger
      @christmastiger Před rokem +11

      tbf he didn't say it was "pretty cool" he said it was remaining successful despite being shit art mostly because he sold them as tickets to an event. Which is wild because it not only boosted the NFTs price but made buying tickets to an event like an ebay bidding war.

    • @MrKogarou
      @MrKogarou Před rokem +18

      @@christmastiger The OP *probably* meant that Coffeezilla's mention was pretty cool, not that Coffeezilla was claiming Vee NFTs are cool.
      But you also added a nice point, thanks.

  • @dizimz
    @dizimz Před rokem +15

    A colleague of mine is involved in an NFT ponzi scheme… he invited me to listen to “his guy”
    Basically, you pay him X dollars and he will triple it in 6 months trading NFTs. I actually dont think NFTs were involved, pretty sure he was just pocketing the cash… Still, the confusion, novelty and promise of completely insane ROIs make NFTs attractive to get rich quickers

    • @MrMarinus18
      @MrMarinus18 Před rokem

      To me the sheer popularity of them also is kind of sad. With a traditional job you are contributing something to society even if it's in an indirect way.

    • @Vitorruy1
      @Vitorruy1 Před 7 měsíci

      Lol, if he had those returns he would just get a loan

  • @nickmaxx57
    @nickmaxx57 Před rokem

    the coffee steam and slow moving fan is so small but SOOO important to the feel of the vid

  • @trapOrdoom
    @trapOrdoom Před rokem +119

    The creators are not “facing a problem,” when shit tanks, they’re literally not doing shit with their projects.

  • @JosephDickson
    @JosephDickson Před rokem +25

    NFT's remind me of wrapped baseball cards. Once you open the packet the value if it had any is often lost.

    • @zombi6751
      @zombi6751 Před rokem +2

      exactly, but with the exception that basketball cards have an actual market of collecters that actually value them on more than just a presumed future value. plus they are physical copies, so there is almost a guarantee of value increase with age. nfts have neither of these things, hence why card collecting still holds up and nfts dont.

  • @Gianni119
    @Gianni119 Před rokem +18

    Seems like the “Japanese steel” knives scam extends well beyond kamikoto. My brother bought some Baccarat knives claiming the same story with the same RRP scam from a local kitchen supplies store a few years back. Checked it out after seeing these videos and saw they were made of the same crappy steel!

    • @saiw-vv5gv
      @saiw-vv5gv Před 5 měsíci

      I am a Japanese living in Japan. kamikoto...I have never heard of this name, but a Japanese person can easily tell from the name that this is a fake. I would expect this to be made in China under the guise of being made in Japan. The description of this brand also makes it immediately clear that it is a scam. Because it says "made in Honshu" without specifying the pinpoint place of origin. Where in Honshu? In the U.S., it would be like writing "Made in the Midwest. American person would surely think, "Where in the Midwest?". This kind of scam is also common in the Japanese version of Amazon, but most Japanese would immediately notice the unnaturalness of the name and recognize it as a scam. I can say with confidence that this brand will never expand in Japan. They are using their "image" to commit fraud. I am concerned that this kind of scam is spreading in the US.

  • @danoobin3191
    @danoobin3191 Před 7 měsíci +2

    I may be showing my age but the Kevin Hart animations remind me so much of Celebrity Deathmatch back in the day haha

  • @Ienjoylotsofstuff
    @Ienjoylotsofstuff Před rokem +69

    i think it would be worth it to note that a lot of projects are still "worth" something like 0.05-0.01 eth simply because eth transfer fees kind of keep them up this high.. if it takes 0.01 eth to approve the collection, then the price will be around there.
    so I consider projects that drop to 0.05 and below "down 100%"

  • @yangu5537
    @yangu5537 Před rokem +9

    Coffeezilla your content is great and I love the jazzy aesthetic! Keep up the good work man!

  • @MOJOTHE6
    @MOJOTHE6 Před 6 měsíci

    Coffee been working hard respect to coffee and team

  • @ladygekko
    @ladygekko Před 3 měsíci

    This whole thing has been a “but wait, there’s more!” Love listening to these!

  • @Waldee84
    @Waldee84 Před rokem +15

    69: "I apologise to my fans" shows bling bling "I didn't know what it was" waving more bling bling.

  • @cokebottles6919
    @cokebottles6919 Před rokem +67

    NFT “art” is a scam. People said I don’t get it, i do. It’s a scam. People said look how much money so and so made, I said yeah, people make money off all sorts of scams. NFT the technology has legitimate (potential) purpose. The art is silly and those who bought and lost deserve it because all they wanted was to do that exact thing to someone else.

    • @burgermind802
      @burgermind802 Před rokem +18

      I disagree that there is any potential to NFT technology. It has no value outside of scamming and gambling. The technology behind crypto and NFTs is terribly designed and unfixable without starting over from scratch.

    • @Ealsante
      @Ealsante Před rokem +11

      Eh, I'd go even farther. NFT the technology has little legitimate purpose. There's pretty much nothing an NFT can do that you can't do with something else that would be faster, less costly, and more usable.

    • @redpillras3456
      @redpillras3456 Před rokem +1

      @@burgermind802 i think NFTs will have value in the metaverse

    • @jillruff1655
      @jillruff1655 Před rokem

      @@burgermind802 👏🏾👏🏾👏🏾👏🏾👏🏾

    • @oohhboy-funhouse
      @oohhboy-funhouse Před rokem +2

      If you are going to gamble, go bet on horses or NASCAR, or actual casino or Russian roulette which has better odds. Crypto odds are 100% you are going to get burned.

  • @colleenhanna5383
    @colleenhanna5383 Před rokem

    This was a great video 📹
    By the way I think your very courageous

  • @wilsongv95
    @wilsongv95 Před rokem

    YO... I LIKE YOUR VIDZ BRUH. TY

  • @simonwu7250
    @simonwu7250 Před rokem +52

    Whenever I see faze I think of save the kids scam
    Whenever I see Travis Scott I think about the dead childrens that idolize and looked up to him
    Now we can remember these scams

    • @brandonfahlberg9678
      @brandonfahlberg9678 Před rokem

      Yeah, unfortunately it's not a global audience that's aware of this shit, but I look at John Wall different. Part of it is the lack of reporting.

  • @revancavadov1661
    @revancavadov1661 Před rokem +54

    This is how to 180 turn the market with *AMZR62*

  • @feedmetothemountain6951
    @feedmetothemountain6951 Před rokem +2

    Nfts want to be treated like art assets, but don't realize rarity is what keeps art valuable. A Monet is far less valuable if everyone can get one.

  • @jvd3339
    @jvd3339 Před rokem +1

    Coffee is a Better journalist than 90% of what the MSM has to offer.
    - We appreciate the Facts and Honesty aimed at Actually HELPING to INFORM people.

  • @jrt2792
    @jrt2792 Před rokem +73

    Bieber doing something that'll make him even more unlikeable? Color me shocked.

    • @llewelynshingler2173
      @llewelynshingler2173 Před rokem +12

      He's got that Yucky Yuck, that Yucky Yuck, that Yucky Yucky.

    • @That_One_Guy...
      @That_One_Guy... Před rokem +1

      Who's Bibir ? a lip ?
      FYI Bibir means Lip in my country language

    • @sonetagu1337
      @sonetagu1337 Před rokem +1

      @@llewelynshingler2173 lol 💀💀💀
      (Holy shit that song what iss he trying to do???)

    • @savagequeen9455
      @savagequeen9455 Před rokem

      @@llewelynshingler2173 😂😂😂😂🤣🤣

  • @blake2491
    @blake2491 Před rokem +6

    Dude I had no idea this many celebrities were promoting nfts - this is crazy, and what is even crazier is how people are still buying them. None of it makes any sense

  • @martinpedersen2650
    @martinpedersen2650 Před rokem +10

    Biggest worry people should have about buying NFT's is that they are buying jpg's.

  • @terokitinen7871
    @terokitinen7871 Před 10 měsíci +3

    NFTs are like tulips in 17th century Netherlands. The only difference is that tulips are beautiful.

  • @askadvice
    @askadvice Před rokem +13

    "NFTs & athletes really go well together"
    🤣🤣

  • @nwerd7584
    @nwerd7584 Před rokem +14

    I love how out in the open they are about promoting scams and they never get the slightest pushback. These things wouldnt be viable typically without the celebrity.

  • @arxeha
    @arxeha Před rokem +5

    "his fanbase won't let this one dies"
    "similar to the next one"
    "Stan Lee"🗿🗿🗿

  • @BatmanBeyondBelief
    @BatmanBeyondBelief Před rokem +18

    As the business/accounting grad in my family, I told my family to stay out of crypto, especially NFT’s. I do not at all regret it.

  • @gamedagtc2411
    @gamedagtc2411 Před rokem +49

    Smartest campaign ever that *AMZR62*

  • @giuseppemassari9970
    @giuseppemassari9970 Před 7 měsíci +2

    An important note, Canine Cartel is more like furry art, and Lindsay’s nft was basically her fursona

  • @bradherbert8855
    @bradherbert8855 Před rokem +1

    @Coffeezilla, love your work. do you think there are companies offering/promoting NFT's to "influences" to earn their own quick buck? seems strange so many "influences/clowns" have jumped onto this gravy train.

  • @erensart
    @erensart Před rokem +9

    Appreciate you educating these people young and old about scams!

  • @milalolli
    @milalolli Před rokem

    I wonder if that is an animated background on green screen or your actual filming studio room? :) Love it

  • @raylang4608
    @raylang4608 Před rokem +1

    Just discovered your channel.. I like🙂

  • @RubenALopes
    @RubenALopes Před rokem +12

    Excelent video Coffee! Let's hope people use this information to avoid getting themselves into this kind of projects...

  • @gets0410
    @gets0410 Před rokem +10

    Everytime the video shows each nft "art" I shake my head.

  • @E.Doza_M.D.
    @E.Doza_M.D. Před rokem

    The ad transition where you said "Honestly, no, I think I'm good" was hilarious.

  • @matthewstewart5113
    @matthewstewart5113 Před rokem

    Thank you.

  • @RobertA-hq3vz
    @RobertA-hq3vz Před rokem +7

    The reason the NFT's are abandoned by the original issuer is because the original issuer does not profit from the resale of them. They collect a bunch of money initially and then they no longer care about what happens to them.

  • @zmzmzmzmz5321
    @zmzmzmzmz5321 Před rokem +57

    What about *AMZR62*