He’s Scamming His Fans Now

– Buckle in your seat
belts, ladies and gentleman, because today's video
is going to offer a look into the scammy world
of influencer marketing, which just so happens to be my favorite topic on this channel. A couple people we're
going to focus on today is Tekashi 6ix9ine, a man known for his beautiful
rainbow hair and friendship. Lil Pump, known for his
eccentrically colored hair. And Lil Uzi Vert, also known
for his eccentric appearance. It's almost like they're
diverting away your attention from their music. That's metaphorical for
the topic of today's video, which is these influencers
diverting your money away from your pockets
and into someone else's. "'A Huge Scam': Fans who bought Tekashi
6ix9ine-Backed NFTs are Pissed." Today I'm surprising you with something you may have never heard about: a rapper or influencer scamming their fans with an NFT or crypto coin. "When the 26 year old Londoner heard that infamous rapper Tekashi 6ix9ine had gotten into the NFT game, he says he went all in
on these creepy cartoons, spending around $40,000. 'It turned out to be a huge
scam,' he tells Rolling Stone." Since some of you may not be
familiar with Tekashi 6ix9ine, he is a very well known
rapper from New York, who went viral a few years ago.

In May 2020, he found himself
in a precarious position. "He is the prosecution's star
witness in a racketeering and firearms case against
members of his former crew, the Nine Trey Gangsta Bloods." In the social media driven
economy we find ourselves in, attention matters most. If you ever doubted it, look at Tekashi. "The troll says he sold out
the 7500 person Payne Arena in Hidalgo, Texas and
got paid $500K for it. He added that his opps struggle
to get 700 fans in a club and lie about getting $200K." "In February, 6ix9ine admitted to being a member of the Nine Trey gang and said he had helped other gang members rob people at gunpoint.

In the hopes of a reduced sentence, he made a deal with federal prosecutors." Regardless of his past and the drama that
constantly surrounds him, fans still wanted to support
the controversial rapper by being a member of
his new NFT community. – Yo, what's up? Yo. Yo, thank you so much for
supporting the Trollz NFT. Thank y'all, love y'all. We're taking this (beep) the moon. – Tekashi 6ix9ine began
promoting this new NFT collection called Trollz in October,
just a couple of months ago. Here's the Instagram account featuring a colorful profile
picture, some rainbows, and mention that the NFTs give
back to charity and holders.

With all of these NFTs allegedly
giving back to charities, you'd think world hunger
would be solved by now. One day away from launch
at the end of October, this post recognized that
there were 80,000 members in the Trollz NFT community. What really happens with
these influencer NFT projects is the big name celebrity gets
paid a good amount of money to attach their name to the project. They'll say it's their NFT project, the name represents their brand, and the benefits of owning
include access to a community and charity and blah, blah, blah.

They're all the same. – Scarcity and- – There's like a huge ethical
dilemma around that though, where if you're willing to compromise your followers essentially and be like, "I'm gonna
pull the rug out from you." – Yeah, I won't do it. Like I got offered three
million bucks to promote a coin. I got offered two million
bucks to promote an NFT. Like, it's (beep) real money, dude. – I'm shocked how many
people who are rich already and have big social media followings that otherwise could
compromise their integrity that they built up for years, are willing to do it for like
a million bucks or something.

– This was a professional poker player talking about having the
opportunity to promote these scams and turning it down. Once you find out how the game is played, you'll realize that
influencers promoting a scam and influencers making
their own NFT community are all the same thing. There's someone behind the scenes who's a master marketer and manipulator, some would argue they're
synonymous with each other in the influencer marketing space. That person pays an
influencer with no integrity a large sum of money.

Here's a perfect example
someone just sent me. These are the Island Boys who somehow have amassed
a large following. Bonzai NFT paid them to
promote their project. – I want everyone to meet Bonzai. – Hey, NFTs get with Bonzai NFT. ♪ They will be giving out free T-shirt ♪ ♪ With the NFT, they mint
it for every person ♪ ♪ Who mints one ♪ ♪ They give away diamond studs ♪ ♪ And Gucci ♪ ♪ With Rolex ♪ ♪ So don't you play with them
♪ ♪ Don't you play with them ♪ ♪ Go mint the NFT ♪ ♪ It's called Bonzai ♪ ♪ B-O-N-Z-A-I N-F-T ♪ ♪ They give away a T-shirt ♪ ♪ Give away a diamond stud ♪ ♪ Give away a Gucci ♪ ♪ Give away a Roley ♪ ♪ Yeah, yeah, yeah ♪ ♪ So get with them right now ♪ ♪ Gotta like guap from the Island Boys ♪ – Can anyone watch that
without laughing hysterically? I still haven't figured out why people follow the Island Boys, but enough people do, which is why a project like Bonzai NFT will pay them a huge sum of money to "promote" their project.

Most of these influencers make their money through sponsorships so they
don't care who they sponsor, just as long as the check clears. Here's the post. They have giveaways of a
Rolex and diamond studs. They claim that there are
only 500 NFTs available with the goal of making you profit. No one seems to understand
that these influencers don't care about the project. They're just making a video
because they got paid. I can guarantee that the Island Boys know absolutely nothing about NFTs and the Bonzai NFT specifically. Johnny Sins just happens
to also be a promoter of this NFT project, which
is a beautiful metaphor for the pump and dump
nature of this space.

I'm pretty confident
that these influencers don't even invest in these projects, they're just paid shills. Back to 6ix9ine. "He was also excited by talk of a game that the NFT developers
said they were working on. A blurb on the trollznft.io website describes it as a weekly, 2D boxing game with a prize pool in the 'TROLLzverse'." What I've interpreted from
a lot of these projects is that the developers
will promise a cool feature of the NFT community to
entice people to join. In this case, it was a boxing
game with your characters or whatever with a chance to win prizes. Since this space is
unregulated, decentralized, and whatever other
buzzword I need to add in, the developers can just
bounce whenever they want, leaving everyone stranded.

"The project never even sold out, and that's because the organizers suddenly decided to stop minting. When Jacob became a minter, the Trollz team was still telling people that there would
eventually be 9,669 NFTs." Something I noticed about the investors in these NFT projects is
that people are buying in with the expectations of making money. These projects and
communities are being sold as long term memberships, but everyone is trying to turn
it into a short term flip. I think that's partially why a lot of people are getting burned. "That number was changed
to 6,969 on launch day, October 28th, just about a week into the project's existence online. Two days later, with 4,797
NFTs out in the world, the ability to mint vanished." These NFT projects turn
into scams pretty easily because people are joining
thinking they'll make money or join some cool project. But really you're just
joining a Discord server with a few thousand people
with only one thing in common: they like Tekashi 6ix9ine's music.

What are you really gonna talk
about in the Discord server? There's no value in there unless you're looking
for a bunch of people to talk about his old albums. Just create a subreddit for that. "Another moderator called
Crazytroll soon promised members that 'Danny' would address
the situation soon. Instead, the musician
deleted his Instagram post advertising the NFTs and
changed his profile picture from one of the cartoon
avatars to a photo of himself." The reason why this happens
is because the influencer will find out that a rug pull happened with their NFT project and
don't want to be associated with the bad press so they'll
delete all of their tweets, remove any mention of
it on their Instagram, and never speak of it again.

It's all because they
don't have any ownership. When you have ownership,
you have something to lose. When you have something to lose, you put forth a better effort to ensure rug pulls don't happen. Why? Because you would be getting screwed just as much as your fans. "Sama, like the others, says
he based his initial assessment of the project's potential
on how many members were in the Trollz Discord server, but even those numbers
may have been manipulated. There were about 80,000
members when Sama joined, and there are now more than 100,000." Considering Tekashi has
millions of followers across social media,
it's pretty believable that he would have 100,000
people join his Discord.

"And supposedly, at the time, there were only like
9,000 NFTs being made, so, if you have 80,000
people interested in that, you would think it's something
you should buy into." It later says that one of the
members of the Discord group did a member scrape that showed
only 7,000 active members. When the demand doesn't meet the supply, you're going to run into problems. "Solana NFT Project Accused of Rug Pull After Lil Uzi Deletes Tweets." Just a few weeks before
Tekashi's NFT project fail, there were reports about Lil Uzi Vert performing a rug pull
with his NFT project. Hopefully now you'll understand
what's really going on. An influencer's manager tells
them they'll get paid $500,000 to promote an NFT project and
this and that will happen.

Just a few tweets and
mention of it in their bio is all that's needed. They team up with some expert developer who promises cool features and a community and a donation to your local dog shelter and buzzword, buzzword, buzzword, and it's their new NFT project. "Despite moderators in
the project's Discord assuring members that Lil Uzi is still '100% part of the project,' others have suggested that his tweets were nothing more than
a quick paid promotion." It's always a fun question
asking what your price is. Like seriously, what would it cost you to promote a project attached to your name that has the possibility of a rug pull? It'd be hard to sleep at night
if your most loyal followers lost their hard earned money, which is why I don't
think I could ever do it, even for like $10 million.

"Since Lil Uzi has distanced
himself from Eternal Beings, holders are also wondering if the project will still deliver on its roadmap promise of an exclusive live performance
with backstage access." This is how these NFT projects can become something valuable. Something tangible an influencer can offer that would warrant holding your
position for the long term. Unfortunately, Lil Uzi
and other influencers delete their tweets and never
mention the project again leaving everyone holding
the bag for a project that has no more support.

This article then points to
a since deleted tweet of Uzi claiming that the floor
price of these NFTs would be 6 plus SOL easily, which could trigger the SEC considering this a securities violation. Of course, nothing will happen
because it's all unregulated and no one gets punished
for this bogus marketing. We're going to quickly
touch on one other form of influencer marketing
that you'll find amusing.

– Yo, what's up guys? It's Pump. I know Christmas just passed. We're giving away these prizes and more. To enter, to be a winner,
follow the steps below. Ooh! – This is Lil Pump, a
rapper and influencer with 15.5 million followers on Instagram, participating in the
influencer giveaway scheme. Anytime I see a Lil Pump video or music, I'm convinced I'm watching
a satire movie of comedians trying to play Soundcloud rappers and the credits haven't popped up yet. I've made a couple of videos about the Instagram giveaway game and why I think it's a terrible
investment for most people. The only people I've
been told that do well are Only Fans girls. But if you want to see
who pays for followers, you can look at the giveaway host's page that is found in the description and then click on the 102 people
that account is following.

Someone I know personally
is in this specific giveaway as a sponsor and he said he
was improperly placed there because he did someone a
favor and they put him in this so not everyone paid to be in it. And he also said he hates the giveaways and didn't want to be in it because it ends up being
just a random group of fake fans that follow your account. Dan Folger is in this
one so he can increase the potential victims in his
next pump and dump coin scam. Riley Reid can be seen as well. A lot of NFT accounts. It's all a system to funnel
people into the next project that might be a rug
pull or it might not be. Are you going to be the
next one to find out? If you were curious how
much money is at play with some of these rug
pulls, here's your answer. "Investors Spent Millions
on 'Evolved Apes' NFTs.

Then They Got scammed. The developer behind the
project suddenly disappeared along with its Twitter account,
website, and $2.7 million." A lot of scams in the
NFT and influencer space. I make these videos so that hopefully you won't be a victim in the next one. Thanks for watching..

As found on YouTube

He's Scamming His Fans Now

Tekashi 6ix9ine created an NFT called Trollz months ago, but problems happened around launch time, and many people are calling it a scam.

INSTAGRAM
https://www.instagram.com/spencercornelia1
EMAIL
spencer0cornelia@gmail.com

TIMESTAMPS
0:00 - Intro
0:30 - A Huge Scam
1:03 - Tekashi 6ix9ine Background
1:44 - Tekashi NFT: Trollz
2:32 - Dan Bilzerian Got Offered How Much
3:23 - Island Boys Promotion LMAO
5:08 - Trollz Game
5:39 - Trollz Number of Minters
7:17 - Community Not as Big As Thought
7:54 - Lil Uzi Vert Rug Pull?
9:39 - Lil Pump Participates in Giveaway
11:04 - Final Thoughts

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