More research on this nascent phenomenon is needed, which differs from ICOs and NFTs in that the token is forced upon the creator.
Feels a bit like a perverse protection racket. If you reject it, you're fucked. If you give in and grab the money like what happened with $GAS, you're fucked.
usefulposter•1h ago
1. Targets developers whose projects have 'gone viral'
2. Nudges them to recognize the newly created "token" (asset) they are pumping
3. Harasses them if they don't go along with the narrative (https://x.com/steipete/status/2016073406840476131).
https://www.seangoedecke.com/gas-and-ralph/
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More research on this nascent phenomenon is needed, which differs from ICOs and NFTs in that the token is forced upon the creator.
Feels a bit like a perverse protection racket. If you reject it, you're fucked. If you give in and grab the money like what happened with $GAS, you're fucked.
The harassers are even forging Git commits: https://x.com/steipete/status/2016077203121811662