Data Scientists VS NFT Scam
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- čas přidán 26. 07. 2024
- Start using Deepnote today: deepnote.com/home?...
NFT’s or non-fungible tokens, had a massive year last year. There were over $14 billion dollars in sales on the largest marketplace for these digital assets, OpenSea. There is very little regulation if any on what is a legitimate project or not. Unfortunately, this has led to some major scams, pump and dumps and otherwise unethical practices. My friend Avery Smith and I didn’t like that people could be getting taken advantage of from a system like this. We wanted to see if data could be used to help solve this problem.
Could we use our data science skills to understand the nature of whales in the NFT space, if projects are legitimate or scams, and create a framework for more transparency on a platform like OpenSea.
You can clone our code 👇
Our Code: deepnote.com/project/NFT-Anal...
Our Dashboard: share.streamlit.io/averydata/...
Avery's Channel: / averysmithdatacareerju...
Coffeezilla: @Coffeezilla
0:00 Intro
0:15 NFT Space Overview
1:05 The Problem with OpenSea
2:41 Can Data Science Help?
3:35 What do "Influencers" Own
5:02 Scam Case Study
7:30 How we Worked on This Project
8:45 What we learned
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Start using Deepnote today: deepnote.com/home?
Our Code: deepnote.com/project/NFT-Analysis-CZcams-Video-eWcTN9tISeOZmHGwVNH8rw/%2FFinal_Analysis.ipynb
Our Dashboard: share.streamlit.io/averydata/nft-streamlit/main/nft_dash.py
Avery's Channel: czcams.com/users/AverySmithDataCareerJumpstart
This investigative data science work by you and Avery was 🔥🔥
.... But KEN... the people still DEMAND a Papaya NFT!!!
#PapayasIncToTheMoon🍈🚀
Get your own angry papya fishing club!
@@KenJee_ds 😂🤣
That might've been the greatest Ken Jee intro I've ever seen 🤣
LOL IT WAS SOOO GOOD HUH
Glad you liked it Mario! All the credit goes to Tony though!
This was cool. Strikes me as a bit out of the ordinary for the types of videos you usually make, but a good change of pace. Keep it up.
Thanks Tyler! Trying to experiment with some other forms of content these days!
There's so much to NFT tbh, onf of the worst aspects are them being used for money laundering :(
Yep, and tax evasion lol
I agree with what you said...
But I still think we need our Papaya NFT!!!
I agree 😂
Free mint!
Soon we will have our own collection of DS peeps NFTs lol .. Great video Ken ! Useful for tax evasion ig lol
lol would be interesting!
This is so eye-opening and interesting!! I will definitely have a look at the analyses you did in more detail and am curious about the code as well. Thanks Ken and Avery for being true data scientist detectors in this whole NFT craze! 😍
Let us know what you think! It was really fun.
Thanks for watching Thu!
So cuuuuuuuuuute! I need to do an angry papaya project.
Please do!
NFTs are pretty risky so some data analysis is certainly useful for anyone who wants to get into them. Frankly, after getting in on NFTs early, I'm totally out now. One other example of risk is how little regulation there is upfront. I flipped an NFT that a few days later was determined to be copywritten material and the entire project was deleted from OpenSea entirely. Anyone who still had one in their wallet got stuck holding the bag on that one.
Would be interesting to do some analysis that allowed you to spot trends and get in on NFT projects before they really blew up. Still feels like gambling though lol.
The lack of regulation and collusion really scares me. I think there is a future for them, but definitely the wild west right now
I really appreciate the great you did Mr.Ken Jee it is really amazing. I'm so interest with data from the perspective of the reearch .
Thanks for watching James!
Awesome! Keep it up
Thanks for watching!
"wen utility?" Loved this video so much, and has me excited for doing some more data analysis in the space!
Thanks for watching Mark!! Excited to see the other projects people are working on come out too!
Hello sir i have stammering problem does it affect my software engineering career 😭
I think software engineering could be a really good path for you! I also think if you're up front with interviewers with it beforehand that could help your case out
Hey Ken, just got admitted to MS in Data Science and Analytics at Georgetown University. Is there any way (in another comment, email, etc.) in which I could get your quick opinion on what courses should I focus on taking so I can make my experience as valuable as possible ?
I generally just recommend the courses that you're most excited about taking. Data science is very individualistic (choosing what you specialize in), so the best advice I have is to go with what speaks to you. Contrary to popular belief, if you specialize in something it actually can open up more doors for you.
Sorry Ken! Haven't been able to stay active in the comment section lately because of the exams
All good! Good to see ya back for this one!
Rushing to buy Angry Papaya Fishing Club right now before they blow up!!! 😂
🔥
NFT itself is a scam :)
Lol, I won't deny it
Start using Deepnote today: deepnote.com/home?
Our Code: deepnote.com/project/NFT-Analysis-CZcams-Video-eWcTN9tISeOZmHGwVNH8rw/%2FFinal_Analysis.ipynb
Our Dashboard: share.streamlit.io/averydata/nft-streamlit/main/nft_dash.py
Avery's Channel: czcams.com/users/AverySmithDataCareerJumpstart
You should pin this