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Unlocking the Future: How Mini Dapps on LINE Are Transforming User Experiences
In an age where digital ecosystems shape the way we live, work, and connect, LINE has emerged as a trailblazer in combining convenience, technology, and community. While most people know LINE as a messaging platform, it’s rapidly evolving into an all-encompassing hub, thanks to Mini Dapps. These decentralized applications, seamlessly integrated into the LINE ecosystem, are set to revolutionize user interactions in ways we’ve never seen before. Here's a dive into how Mini Dapps are creating unique experiences that resonate with users and how they hold the potential to redefine the future of Web3 integration.
Beyond Messaging: Mini Dapps as the Gateway to Web3
Imagine opening your LINE app to do more than chat, video call, or share stickers with friends. With Mini Dapps, users can explore a decentralized world without needing to leave the LINE interface. This integration bridges the gap between Web2 and Web3, making blockchain technology accessible to millions of people, regardless of their technical expertise.
What sets Mini Dapps apart is their ability to simplify complex blockchain processes. From earning digital assets via gamified interactions to managing NFTs in a user-friendly wallet, LINE’s Mini Dapps are designed with the average user in mind. This innovation eliminates the intimidation often associated with decentralized technology, offering a seamless and engaging experience.
Personalized Financial Services at Your Fingertips
For many, managing finances can feel overwhelming. Mini Dapps turn this challenge into an empowering journey. With decentralized finance (DeFi) services, LINE users can participate in staking, lending, and earning passive income with just a few taps. Imagine receiving daily updates on your savings growth or participating in community-driven investment pools—all within your chat app.
Moreover, Mini Dapps offer tailored financial tools that adapt to individual user needs. By leveraging blockchain transparency and security, these services make financial management more reliable, efficient, and accessible to everyone, regardless of their location or economic background.
Revolutionizing E-Commerce and Loyalty Programs
Shopping and rewards take on a new dimension with Mini Dapps. Users can explore decentralized marketplaces where they can buy, sell, or trade goods using cryptocurrencies, all within the LINE ecosystem. What’s more exciting? Every transaction can come with tokenized rewards, turning routine purchases into opportunities to earn digital assets.
Mini Dapps also introduce a revolutionary twist to loyalty programs. Instead of dealing with fragmented points systems across multiple businesses, users can earn universal blockchain-based rewards. These tokens are transferable, tradeable, and usable across a network of participating merchants, making customer loyalty more dynamic and rewarding.
Community-Centric Experiences
LINE’s Mini Dapps thrive on fostering community. With social Dapps, users can join decentralized groups, participate in voting for community projects, or even co-create digital content that’s tokenized and tradable. This creates a sense of ownership and belonging that transcends traditional social networks.
For example, imagine contributing to a crowdfunded art project via a Mini Dapp and later owning a share of the NFT that represents the final creation. Or, participating in a DAO (Decentralized Autonomous Organization) directly through LINE, giving you a voice in shaping the policies and priorities of community initiatives.
Gamified Engagement: Play, Earn, and Connect
Mini Dapps bring a new level of fun to the LINE ecosystem through blockchain-based games. These aren’t just ordinary games—they’re play-to-earn experiences where users can gain real value. Whether it’s completing daily challenges, leveling up avatars, or trading in-game assets, every action contributes to a growing digital economy.
Furthermore, these games are built to promote social interaction. Friends can team up for quests, trade rare digital collectibles, or even create custom tournaments. The result? A gamified ecosystem that’s engaging, rewarding, and inclusive.
Seamless NFT Integration
For creators and collectors alike, LINE’s Mini Dapps offer unparalleled opportunities in the NFT space. Artists can mint NFTs with just a few clicks, while users can showcase their collections within their profiles or trade them directly through the platform. This seamless integration demystifies the world of NFTs, making it accessible to the mainstream.
Imagine owning a digital LINE sticker pack that’s also an NFT, giving you exclusive access to a creator’s future work or special perks in other Mini Dapps. This fusion of creativity and utility demonstrates how NFTs can be more than digital art—they can be gateways to entire ecosystems of value.
Empowering the Everyday User
At its core, the magic of Mini Dapps lies in their ability to empower users. By bringing decentralized technology into a familiar and trusted environment like LINE, Mini Dapps lower barriers to entry and invite everyone to participate in the blockchain revolution. They transform everyday activities—whether it’s chatting, shopping, gaming, or saving—into opportunities to engage with Web3 in meaningful ways.
The Future Is Now
LINE’s Mini Dapps represent the future of digital interaction, where convenience meets innovation and community meets opportunity. They provide a glimpse into a world where technology serves the user, not the other way around. As LINE continues to push the boundaries of what’s possible, Mini Dapps are poised to become a cornerstone of the Web3 movement, democratizing access to blockchain-powered experiences for millions worldwide.
The journey has just begun. Are you ready to explore the limitless possibilities of Mini Dapps on LINE? Let’s redefine the way we connect, create, and thrive—one tap at a time.
@Kaia Chain
#RideTheKaiaWave
Beyond Messaging: Mini Dapps as the Gateway to Web3
Imagine opening your LINE app to do more than chat, video call, or share stickers with friends. With Mini Dapps, users can explore a decentralized world without needing to leave the LINE interface. This integration bridges the gap between Web2 and Web3, making blockchain technology accessible to millions of people, regardless of their technical expertise.
What sets Mini Dapps apart is their ability to simplify complex blockchain processes. From earning digital assets via gamified interactions to managing NFTs in a user-friendly wallet, LINE’s Mini Dapps are designed with the average user in mind. This innovation eliminates the intimidation often associated with decentralized technology, offering a seamless and engaging experience.
Personalized Financial Services at Your Fingertips
For many, managing finances can feel overwhelming. Mini Dapps turn this challenge into an empowering journey. With decentralized finance (DeFi) services, LINE users can participate in staking, lending, and earning passive income with just a few taps. Imagine receiving daily updates on your savings growth or participating in community-driven investment pools—all within your chat app.
Moreover, Mini Dapps offer tailored financial tools that adapt to individual user needs. By leveraging blockchain transparency and security, these services make financial management more reliable, efficient, and accessible to everyone, regardless of their location or economic background.
Revolutionizing E-Commerce and Loyalty Programs
Shopping and rewards take on a new dimension with Mini Dapps. Users can explore decentralized marketplaces where they can buy, sell, or trade goods using cryptocurrencies, all within the LINE ecosystem. What’s more exciting? Every transaction can come with tokenized rewards, turning routine purchases into opportunities to earn digital assets.
Mini Dapps also introduce a revolutionary twist to loyalty programs. Instead of dealing with fragmented points systems across multiple businesses, users can earn universal blockchain-based rewards. These tokens are transferable, tradeable, and usable across a network of participating merchants, making customer loyalty more dynamic and rewarding.
Community-Centric Experiences
LINE’s Mini Dapps thrive on fostering community. With social Dapps, users can join decentralized groups, participate in voting for community projects, or even co-create digital content that’s tokenized and tradable. This creates a sense of ownership and belonging that transcends traditional social networks.
For example, imagine contributing to a crowdfunded art project via a Mini Dapp and later owning a share of the NFT that represents the final creation. Or, participating in a DAO (Decentralized Autonomous Organization) directly through LINE, giving you a voice in shaping the policies and priorities of community initiatives.
Gamified Engagement: Play, Earn, and Connect
Mini Dapps bring a new level of fun to the LINE ecosystem through blockchain-based games. These aren’t just ordinary games—they’re play-to-earn experiences where users can gain real value. Whether it’s completing daily challenges, leveling up avatars, or trading in-game assets, every action contributes to a growing digital economy.
Furthermore, these games are built to promote social interaction. Friends can team up for quests, trade rare digital collectibles, or even create custom tournaments. The result? A gamified ecosystem that’s engaging, rewarding, and inclusive.
Seamless NFT Integration
For creators and collectors alike, LINE’s Mini Dapps offer unparalleled opportunities in the NFT space. Artists can mint NFTs with just a few clicks, while users can showcase their collections within their profiles or trade them directly through the platform. This seamless integration demystifies the world of NFTs, making it accessible to the mainstream.
Imagine owning a digital LINE sticker pack that’s also an NFT, giving you exclusive access to a creator’s future work or special perks in other Mini Dapps. This fusion of creativity and utility demonstrates how NFTs can be more than digital art—they can be gateways to entire ecosystems of value.
Empowering the Everyday User
At its core, the magic of Mini Dapps lies in their ability to empower users. By bringing decentralized technology into a familiar and trusted environment like LINE, Mini Dapps lower barriers to entry and invite everyone to participate in the blockchain revolution. They transform everyday activities—whether it’s chatting, shopping, gaming, or saving—into opportunities to engage with Web3 in meaningful ways.
The Future Is Now
LINE’s Mini Dapps represent the future of digital interaction, where convenience meets innovation and community meets opportunity. They provide a glimpse into a world where technology serves the user, not the other way around. As LINE continues to push the boundaries of what’s possible, Mini Dapps are poised to become a cornerstone of the Web3 movement, democratizing access to blockchain-powered experiences for millions worldwide.
The journey has just begun. Are you ready to explore the limitless possibilities of Mini Dapps on LINE? Let’s redefine the way we connect, create, and thrive—one tap at a time.
@Kaia Chain
#RideTheKaiaWave
yes yes yoooooo
The Buzzing Bee
--
Earn up to $20,000 on Binance - No Investment Required! 💰🚀🔥
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DIN is truly changing the game in the AI data space! As the first modular AI native data pre processing layer , it empowers users like never before by enabling them to contribute their data to the AI ecosystem and get rewarded for it! This means that anyone can be a part of the AI revolution, sharing valuable insights and data, while earning rewards.
The innovative pre mining rewards model gives users a head start, making it even more exciting to get involved early .
Compared to other projects, DIN offers unmatched node advantages ensuring you get more from your contributions. You can participate in data processing while receiving passive rewards, and it’s all about putting users in control of the data they generate.
The Binance Web3 Wallet Airdrop Campaign is a huge step forward, making it even easier for everyone to jump into DIN’s world of data pre mining. It’s the perfect chance to join the movement, and with 375,000 DIN up for grabs, the rewards are massive! Don’t miss out use my campaign invite link , and let's win together!
https://bn-airdrop.din.lol/bn-guide.html?ref=0003c7a0
#DIN #GODINDataForAI #binanceweb3airdrop
DIN is truly changing the game in the AI data space! As the first modular AI native data pre processing layer , it empowers users like never before by enabling them to contribute their data to the AI ecosystem and get rewarded for it! This means that anyone can be a part of the AI revolution, sharing valuable insights and data, while earning rewards.
The innovative pre mining rewards model gives users a head start, making it even more exciting to get involved early .
Compared to other projects, DIN offers unmatched node advantages ensuring you get more from your contributions. You can participate in data processing while receiving passive rewards, and it’s all about putting users in control of the data they generate.
The Binance Web3 Wallet Airdrop Campaign is a huge step forward, making it even easier for everyone to jump into DIN’s world of data pre mining. It’s the perfect chance to join the movement, and with 375,000 DIN up for grabs, the rewards are massive! Don’t miss out use my campaign invite link , and let's win together!
https://bn-airdrop.din.lol/bn-guide.html?ref=0003c7a0
#DIN #GODINDataForAI #binanceweb3airdrop
Crypto Ahmet
--
Ανατιμητική
🔥🍕Binance Celebrates Bitcoin Pizza Day with Global Pizza Delivery Campaign
in 2010, programmer Laszlo Hanyecz made history by trading 10,000 bitcoins for two pizzas, marking the first documented commercial transaction using the cryptocurrency. Fourteen years later, #Binance , the world's largest cryptocurrency exchange is commemorating this milestone with a global campaign to distribute more than 5,000 pizzas to crypto traders and enthusiasts.
Crypto Exchange Binance Plans to Distribute Pizza Worldwide for Bitcoin #pizzaday
According to the news sent by Binance, the "Bitcoin Pizza Day" celebrations covering six days from May 17 to May 22 will take place in 20 countries and five continents Bitcoin.com News. Binance plans to host face-to-face pizza parties, distribute private-label pizza vans, and even hire prominent crypto community members to deliver pizzas via Binance-branded scooters.
The exchange aims to create engaging moments for consumers and community members to interact with the brand and raise a toast to bitcoin's first real-world purchase. On May 22, 2010, Laszlo Hanyecz traded 10,000 bitcoins for two Papa John's pizzas, marking the first real-world transaction based on #BTC Bitcoin's Pizza Day is an event celebrated around the world. Rachel Conlan, Chief Marketing Officer of Binance, stressed the importance of the event.
”It is very important for us to understand the demands on our users and merchants, which is why we aim to bring the celebration all the way to their doorstep, knowing how busy they are," Conlan said. “With initiatives like this, we are not only celebrating the real-world utility of cryptocurrency, but also meeting the needs of our busy trading community.”
During the activations, there will be games and challenges such as “Binance Topping Toss”, “Token Twister” and “BTD (Buy Dip) limbo Bar”, where participants can earn special Binance products. The festivals will start in Thailand, Paris, Dubai, Australia, Mexico, Brazil, Argentina and many other famous regions, as indicated on the stock exchange.
#BNB
in 2010, programmer Laszlo Hanyecz made history by trading 10,000 bitcoins for two pizzas, marking the first documented commercial transaction using the cryptocurrency. Fourteen years later, #Binance , the world's largest cryptocurrency exchange is commemorating this milestone with a global campaign to distribute more than 5,000 pizzas to crypto traders and enthusiasts.
Crypto Exchange Binance Plans to Distribute Pizza Worldwide for Bitcoin #pizzaday
According to the news sent by Binance, the "Bitcoin Pizza Day" celebrations covering six days from May 17 to May 22 will take place in 20 countries and five continents Bitcoin.com News. Binance plans to host face-to-face pizza parties, distribute private-label pizza vans, and even hire prominent crypto community members to deliver pizzas via Binance-branded scooters.
The exchange aims to create engaging moments for consumers and community members to interact with the brand and raise a toast to bitcoin's first real-world purchase. On May 22, 2010, Laszlo Hanyecz traded 10,000 bitcoins for two Papa John's pizzas, marking the first real-world transaction based on #BTC Bitcoin's Pizza Day is an event celebrated around the world. Rachel Conlan, Chief Marketing Officer of Binance, stressed the importance of the event.
”It is very important for us to understand the demands on our users and merchants, which is why we aim to bring the celebration all the way to their doorstep, knowing how busy they are," Conlan said. “With initiatives like this, we are not only celebrating the real-world utility of cryptocurrency, but also meeting the needs of our busy trading community.”
During the activations, there will be games and challenges such as “Binance Topping Toss”, “Token Twister” and “BTD (Buy Dip) limbo Bar”, where participants can earn special Binance products. The festivals will start in Thailand, Paris, Dubai, Australia, Mexico, Brazil, Argentina and many other famous regions, as indicated on the stock exchange.
#BNB
#SecurityTokenization $BTC #Write&Earn
CoinDesk
--
SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?
Securities and Exchange Commission Chair Gary Gensler is holding the line that he doesn't need legislation to police crypto, even as the White House and others say they're ready to hash out regulatory policies.
A presidential policy statement on Wednesday said the White House is eager to establish a "comprehensive and balanced regulatory framework."
The White House is "eager" to work on a crypto bill. That was the sentiment of its latest statement on Wednesday, putting the administration on-the-record again about wanting new digital assets policies to protect investors.
But U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler – the securities watchdog President Joe Biden hired as a member of his transition team and a key regulator – says don't bother. Gensler's strong view that existing laws give his agency plenty of authority seems to go against other U.S. regulatory agencies, the White House and its Treasury Department.
Gensler, in a statement he issued against the Financial Innovation and Technology for the 21st Century Act (FIT21) on Wednesday – as the bill heads toward a vote that's expected to count a significant number of Democratic supporters – accused crypto firms again of showing "their unwillingness to comply with applicable laws and regulations for more than a decade, variously arguing that the laws do not apply to them or that a new set of rules should be created and retroactively applied to them to excuse their past conduct."
"The crypto industry’s record of failures, frauds, and bankruptcies is not because we don't have rules or because the rules are unclear," Gensler argued. "It’s because many players in the crypto industry don’t play by the rules."
Biden's White House may not like FIT21 either, but a policy statement the same morning said the administration is "eager to work with Congress to ensure a comprehensive and balanced regulatory framework for digital assets, building on existing authorities."
Rep. French Hill (R-Ark.) said in a CoinDesk TV interview on Wednesday that many House Democrats "recognize that the existing Securities and Exchange Commission rules are inadequate." Hill added that FIT21 is trying to give Gensler's agency a roadmap for handling this sector.
"I cannot explain why he's taken the position that he had," Hill said. "I think he's isolated from other regulatory leaders."
The SEC didn't immediately respond to a request Wednesday to comment on whether Gensler sees himself at odds with fellow government officials.
The SEC's sister agency in policing the U.S. markets, the Commodity Futures and Trading Commission (CFTC), has taken a strong pro-legislation position, arguing that existing law leaves a hole in oversight of the crypto spot markets for non-securities, such as bitcoin {{BTC}}. CFTC Chairman Rostin Behnam has told lawmakers that "Congress needs to act" on crypto legislation, and he's said that if FIT21 passes, his agency can build a regulatory framework within 12 months. A CFTC spokesperson told CoinDesk on Tuesday that the agency would not comment on the bill.
Consumer-protection groups seem to be in Gensler's corner on this, and Mark Hays, a senior policy analyst for Americans for Financial Reform and Demand Progress, dismissed the apparent contrasts among different corners of the federal government.
"It reflects slightly different takes on what's important and the 'art' of what's possible in politics," he told CoinDesk in an email. The regulators "all have different tools to address crypto regulation matters. Some of them have exercised that role effectively; others could do more."
The spot-markets gap could be filled by separate legislation naming the SEC its regulator, said Hays, who argued that in matters of investor protection the SEC's view should get some deference, despite the CFTC "playing the spoiler." His groups are among dozens of organizations opposing FIT21 on consumer-protection grounds.
The federal courts – despite Gensler's contention that judges have agreed with his agency "time and again" on crypto matters – haven't yet provided consistent answers on whether tokens should be treated as securities, and the final say may still need to come from the U.S. Supreme Court. So, it's a race between Congress and the courts on who will define how tokens such as bitcoin, Ethereum's ether {{ETH}}, tether {{USDT}} and solana {{SOL}} should be handled in the U.S.
Among other government voices clamoring for crypto legislation, Treasury Secretary Janet Yellen said earlier this year that "Congress should pass legislation to provide for the regulation of stablecoins and of the spot market for crypto-assets that are not securities." The Treasury interest in the spot markets and illicit finance doesn't leave a clear picture yet on exactly what the administration's financial arm would be interested in for crypto oversight, though the White House has certainly indicated that FIT21 isn't it.
But whether the government likes it or not, that's the first crypto bill that will receive a vote in one of the chambers of Congress, leaving it as the most prominent piece of digital assets legislation in the conversation.
"We're disappointed that Chairman Gensler doesn't see that this is better than current law and gives him the tools, ability, and a process that can allow him to be a better regulator and a better supervisor in this space," Hill said.
Read More: SEC's Gensler Says House Bill Would 'Undermine' Regulator's Crypto, Capital Markets Oversight
A presidential policy statement on Wednesday said the White House is eager to establish a "comprehensive and balanced regulatory framework."
The White House is "eager" to work on a crypto bill. That was the sentiment of its latest statement on Wednesday, putting the administration on-the-record again about wanting new digital assets policies to protect investors.
But U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler – the securities watchdog President Joe Biden hired as a member of his transition team and a key regulator – says don't bother. Gensler's strong view that existing laws give his agency plenty of authority seems to go against other U.S. regulatory agencies, the White House and its Treasury Department.
Gensler, in a statement he issued against the Financial Innovation and Technology for the 21st Century Act (FIT21) on Wednesday – as the bill heads toward a vote that's expected to count a significant number of Democratic supporters – accused crypto firms again of showing "their unwillingness to comply with applicable laws and regulations for more than a decade, variously arguing that the laws do not apply to them or that a new set of rules should be created and retroactively applied to them to excuse their past conduct."
"The crypto industry’s record of failures, frauds, and bankruptcies is not because we don't have rules or because the rules are unclear," Gensler argued. "It’s because many players in the crypto industry don’t play by the rules."
Biden's White House may not like FIT21 either, but a policy statement the same morning said the administration is "eager to work with Congress to ensure a comprehensive and balanced regulatory framework for digital assets, building on existing authorities."
Rep. French Hill (R-Ark.) said in a CoinDesk TV interview on Wednesday that many House Democrats "recognize that the existing Securities and Exchange Commission rules are inadequate." Hill added that FIT21 is trying to give Gensler's agency a roadmap for handling this sector.
"I cannot explain why he's taken the position that he had," Hill said. "I think he's isolated from other regulatory leaders."
The SEC didn't immediately respond to a request Wednesday to comment on whether Gensler sees himself at odds with fellow government officials.
The SEC's sister agency in policing the U.S. markets, the Commodity Futures and Trading Commission (CFTC), has taken a strong pro-legislation position, arguing that existing law leaves a hole in oversight of the crypto spot markets for non-securities, such as bitcoin {{BTC}}. CFTC Chairman Rostin Behnam has told lawmakers that "Congress needs to act" on crypto legislation, and he's said that if FIT21 passes, his agency can build a regulatory framework within 12 months. A CFTC spokesperson told CoinDesk on Tuesday that the agency would not comment on the bill.
Consumer-protection groups seem to be in Gensler's corner on this, and Mark Hays, a senior policy analyst for Americans for Financial Reform and Demand Progress, dismissed the apparent contrasts among different corners of the federal government.
"It reflects slightly different takes on what's important and the 'art' of what's possible in politics," he told CoinDesk in an email. The regulators "all have different tools to address crypto regulation matters. Some of them have exercised that role effectively; others could do more."
The spot-markets gap could be filled by separate legislation naming the SEC its regulator, said Hays, who argued that in matters of investor protection the SEC's view should get some deference, despite the CFTC "playing the spoiler." His groups are among dozens of organizations opposing FIT21 on consumer-protection grounds.
The federal courts – despite Gensler's contention that judges have agreed with his agency "time and again" on crypto matters – haven't yet provided consistent answers on whether tokens should be treated as securities, and the final say may still need to come from the U.S. Supreme Court. So, it's a race between Congress and the courts on who will define how tokens such as bitcoin, Ethereum's ether {{ETH}}, tether {{USDT}} and solana {{SOL}} should be handled in the U.S.
Among other government voices clamoring for crypto legislation, Treasury Secretary Janet Yellen said earlier this year that "Congress should pass legislation to provide for the regulation of stablecoins and of the spot market for crypto-assets that are not securities." The Treasury interest in the spot markets and illicit finance doesn't leave a clear picture yet on exactly what the administration's financial arm would be interested in for crypto oversight, though the White House has certainly indicated that FIT21 isn't it.
But whether the government likes it or not, that's the first crypto bill that will receive a vote in one of the chambers of Congress, leaving it as the most prominent piece of digital assets legislation in the conversation.
"We're disappointed that Chairman Gensler doesn't see that this is better than current law and gives him the tools, ability, and a process that can allow him to be a better regulator and a better supervisor in this space," Hill said.
Read More: SEC's Gensler Says House Bill Would 'Undermine' Regulator's Crypto, Capital Markets Oversight
#NFT #scamriskwarning Important we safe .$
Crypto Breaking
--
Built On An $6 Million NFT Scam? AI Company Accused Of Fraud By Internet Investigator
Youtuber and Internet investigator Coffeezilla has called out Artificial Intelligence (AI) company Rabbit for allegedly being built on a $6 million non-fungible token (NFT) scam. The company is accused of being responsible for the GAMA NFT Project “fraud” as part of a history of lies.
Related Reading
Down The NFT Fraud Rabbit Hole
Stephen Findeisen, better known as Coffeezilla, published a YouTube video calling out Rabbit Inc. for being built on the remains of an alleged NFT fraud from 2021. The internet investigator revealed that the company is seemingly trying to hide its ties to the GAMA project.
Coffeezilla unveiled the depth of the AI company’s rabbit hole by claiming that, despite raising over $30 million in venture capital (VC), Rabbit used to be called Cyber Manufacture Corporation.
In 2021, the company raised over $6 million for its “next-generation NFT Project GAMA.” The project was described as a decentralized organization “with the grand goal of sending 10,000 astronauts into space to collect extraterrestrial energy.”
At the time, GAMA’s founder Jesse Lyu would make “wild promises,” claiming the NFTs were just the start. According to the YouTube sleuth, Lyu declared they would create “the first-ever carbon-negative cryptocurrency powered by our sun.”
The founder promised to build a clean energy grid through NFT sales owned by NFT buyers. The grid’s energy would be used to mine GAMA tokens. However, the tokens were never launched, and the project seemed to be abandoned.
Its team replied to Coffeezilla’s request for comment, stating that GAMA was not abandoned but “open-sourced.” Moreover, they claimed a token was never promised, as Lyu said in 2021 that his words were not final. The team added that they live in a country that “values free speech.”
Nonetheless, the internet investigator found that the “open-sourced” engine constantly crashed and was non-functional after several tests. He also highlighted that Lyu stated in several discord messages that the project’s cryptocurrency was part of the roadmap.
Based on this, Coffeezilla questioned where the $6 million in funding went and whether Lyu’s new project should be trusted.
Another Rabbit In The Hat?
GAMA’s founder has embarked on a new project unrelated to NFTs. His latest company, Rabbit, focuses on AI technology. The company went viral in early 2024, raising $30 million in VC and selling over $20 million in consumer products.
Rabbit launched their AI personal assistance device, Rabbit R1, on easter 2024. However, the project has received a lot of backlash for not living up to the hype and promises.
Several tech reviewers concurred that R1 was part of a trend of releasing “unfinished” products. According to YouTuber Marques Brownlee, Rabbit’s product was “barely reviewable” and the pinnacle of “delivering barely finished products to win a race.’”
Moreover, founder and CTO of WeGPT, Josh Ollin, called the project a “scam” when R1 was announced. He also pointed out on different occasions that the hype and interactions around the company were “fake impressions” from bots.
Ollin called Lyu an “NFT grifter” and stated that his past behavior affected the new project due to the “shady insincere fraudulent business practices on display (fake engagement, fake bot followers, fake tech stack, overpriced vaporware).”
Coffeezilla stated a similar sentiment in his video:
So many of the promises of Gama didn’t happen. This is relevant to the R1 not just because this project is built on the skeleton of that scam project, it’s also because the R1 is overhyped in a similar way.
Related Reading
As noted by the internet sleuth, Lyu has diminished his links to GAMA NFT, calling it a “fun little project” he was “involved with” during the COVID-19 pandemic.
Ultimately, he considers it important for users to know the company’s “history of abandoning investors like they did with GAMA NFT.”
According to the weekly chart, the total crypto market capitalization is at $2.51 trillion. Source: TOTAL on TradingView
Featured Image from Unsplash.com, Chart from TradingView.com
Source: NewsBTC.com
The post Built On An $6 Million NFT Scam? AI Company Accused Of Fraud By Internet Investigator appeared first on Crypto Breaking News.
Related Reading
Down The NFT Fraud Rabbit Hole
Stephen Findeisen, better known as Coffeezilla, published a YouTube video calling out Rabbit Inc. for being built on the remains of an alleged NFT fraud from 2021. The internet investigator revealed that the company is seemingly trying to hide its ties to the GAMA project.
Coffeezilla unveiled the depth of the AI company’s rabbit hole by claiming that, despite raising over $30 million in venture capital (VC), Rabbit used to be called Cyber Manufacture Corporation.
In 2021, the company raised over $6 million for its “next-generation NFT Project GAMA.” The project was described as a decentralized organization “with the grand goal of sending 10,000 astronauts into space to collect extraterrestrial energy.”
At the time, GAMA’s founder Jesse Lyu would make “wild promises,” claiming the NFTs were just the start. According to the YouTube sleuth, Lyu declared they would create “the first-ever carbon-negative cryptocurrency powered by our sun.”
The founder promised to build a clean energy grid through NFT sales owned by NFT buyers. The grid’s energy would be used to mine GAMA tokens. However, the tokens were never launched, and the project seemed to be abandoned.
Its team replied to Coffeezilla’s request for comment, stating that GAMA was not abandoned but “open-sourced.” Moreover, they claimed a token was never promised, as Lyu said in 2021 that his words were not final. The team added that they live in a country that “values free speech.”
Nonetheless, the internet investigator found that the “open-sourced” engine constantly crashed and was non-functional after several tests. He also highlighted that Lyu stated in several discord messages that the project’s cryptocurrency was part of the roadmap.
Based on this, Coffeezilla questioned where the $6 million in funding went and whether Lyu’s new project should be trusted.
Another Rabbit In The Hat?
GAMA’s founder has embarked on a new project unrelated to NFTs. His latest company, Rabbit, focuses on AI technology. The company went viral in early 2024, raising $30 million in VC and selling over $20 million in consumer products.
Rabbit launched their AI personal assistance device, Rabbit R1, on easter 2024. However, the project has received a lot of backlash for not living up to the hype and promises.
Several tech reviewers concurred that R1 was part of a trend of releasing “unfinished” products. According to YouTuber Marques Brownlee, Rabbit’s product was “barely reviewable” and the pinnacle of “delivering barely finished products to win a race.’”
Moreover, founder and CTO of WeGPT, Josh Ollin, called the project a “scam” when R1 was announced. He also pointed out on different occasions that the hype and interactions around the company were “fake impressions” from bots.
Ollin called Lyu an “NFT grifter” and stated that his past behavior affected the new project due to the “shady insincere fraudulent business practices on display (fake engagement, fake bot followers, fake tech stack, overpriced vaporware).”
Coffeezilla stated a similar sentiment in his video:
So many of the promises of Gama didn’t happen. This is relevant to the R1 not just because this project is built on the skeleton of that scam project, it’s also because the R1 is overhyped in a similar way.
Related Reading
As noted by the internet sleuth, Lyu has diminished his links to GAMA NFT, calling it a “fun little project” he was “involved with” during the COVID-19 pandemic.
Ultimately, he considers it important for users to know the company’s “history of abandoning investors like they did with GAMA NFT.”
According to the weekly chart, the total crypto market capitalization is at $2.51 trillion. Source: TOTAL on TradingView
Featured Image from Unsplash.com, Chart from TradingView.com
Source: NewsBTC.com
The post Built On An $6 Million NFT Scam? AI Company Accused Of Fraud By Internet Investigator appeared first on Crypto Breaking News.
Crypto Alerts
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### How Two Pizzas Changed History 🍕
#### The Story of Bitcoin's First Purchase for 10,000 BTC!
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In Florida, USA, a programmer named Laszlo Hanyecz posted on a local forum, expressing his desire to buy two pizzas for his children using Bitcoin. Despite waiting several days without any responses, on May 22, 2010, a 19-year-old named Jeremy Sturdivant accepted Hanyecz's offer of 10,000 Bitcoins for the pizzas, then valued at about $41.
Sturdivant purchased the pizzas and delivered them to Hanyecz's home. Laszlo confirmed the delivery by sharing a photo with his two children, and as promised, he paid with 10,000 Bitcoins. This transaction marked a historic moment in the world of cryptocurrency.
---
❤️ **LIKE** 🫂 **FOLLOW** 🗳 **REQUOTE or RESHARE**
⌨️ **COMMENT**
🫂 **Remember**: A lot of hard work goes into providing you with the best investment articles. Your generous tips empower our mission and help us work even harder to give you the best investment advice.
#altcoins #BinanceLaunchpool #BlackRock
#### The Story of Bitcoin's First Purchase for 10,000 BTC!
---
In Florida, USA, a programmer named Laszlo Hanyecz posted on a local forum, expressing his desire to buy two pizzas for his children using Bitcoin. Despite waiting several days without any responses, on May 22, 2010, a 19-year-old named Jeremy Sturdivant accepted Hanyecz's offer of 10,000 Bitcoins for the pizzas, then valued at about $41.
Sturdivant purchased the pizzas and delivered them to Hanyecz's home. Laszlo confirmed the delivery by sharing a photo with his two children, and as promised, he paid with 10,000 Bitcoins. This transaction marked a historic moment in the world of cryptocurrency.
---
❤️ **LIKE** 🫂 **FOLLOW** 🗳 **REQUOTE or RESHARE**
⌨️ **COMMENT**
🫂 **Remember**: A lot of hard work goes into providing you with the best investment articles. Your generous tips empower our mission and help us work even harder to give you the best investment advice.
#altcoins #BinanceLaunchpool #BlackRock
#AEVO/USDT $USDC
TraderAlpha
--
$aThe chart displays the price movement of AEVOUSDT Perpetual over a 4-hour timeframe. The initial sharp decline from around 1.2660 to a low of 0.7485 suggests significant bearish sentiment, possibly triggered by negative news or market conditions. This decline is marked by large red candlesticks, indicating heavy selling pressure.
Following the low of 0.7485, the price started to stabilize and form a base, suggesting that selling pressure might be easing. The subsequent price action shows a gradual recovery, with the price rising to approximately 0.8951. The presence of both green and red candlesticks during this recovery phase indicates a battle between buyers and sellers, but the overall trend appears to be slightly upward.
The current price of 0.8951, with a 4.38% increase, indicates some short-term bullish momentum. The recent consolidation around this price level could suggest a period of indecision in the market, where traders are waiting for further signals to determine the next move.
If the price continues to rise and breaks above key resistance levels, it could indicate a potential trend reversal, signaling more bullish sentiment. Conversely, if the price falls below recent support levels, it might suggest a continuation of the bearish trend. Traders should monitor volume and additional indicators like moving averages or RSI to confirm the trend direction and make informed trading decisions.
You can generate your signal using CHATGPT too ask me how
$AEVO
Following the low of 0.7485, the price started to stabilize and form a base, suggesting that selling pressure might be easing. The subsequent price action shows a gradual recovery, with the price rising to approximately 0.8951. The presence of both green and red candlesticks during this recovery phase indicates a battle between buyers and sellers, but the overall trend appears to be slightly upward.
The current price of 0.8951, with a 4.38% increase, indicates some short-term bullish momentum. The recent consolidation around this price level could suggest a period of indecision in the market, where traders are waiting for further signals to determine the next move.
If the price continues to rise and breaks above key resistance levels, it could indicate a potential trend reversal, signaling more bullish sentiment. Conversely, if the price falls below recent support levels, it might suggest a continuation of the bearish trend. Traders should monitor volume and additional indicators like moving averages or RSI to confirm the trend direction and make informed trading decisions.
You can generate your signal using CHATGPT too ask me how
$AEVO
The Cryptonomist
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Accumulation Phase Still In Play, Grab These Altcoins Before They Surge
SPONSORED POST*
This year is almost halfway through, and the tension surrounding the next crypto surge is already building up. Most analysts have very high expectations for Bitcoin, and the potential price positivity it can generate for the broader altcoin market. This expectation has led many traders and investors to accumulate top crypto coins with enticing potential for gathering profits. Among the top altcoins ranking investors list, Binance (BNB) coin, Sei (SEI) token and new market entrant, KangaMoon (KANG) are especially standing out.
KangaMoon (KANG) Tops List of Most Valuable Meme Coins to Watch
The altcoin market is already showing signs of flourishing in the rest quarters of the year, and this positivity might start reflecting from the meme coin space as a new dynamic GameFi token is about to emerge. Called KangaMoon (KANG), this meme token project is about to revolutionize online gaming by providing several incentives and an entertaining way for its users to earn.
While in the 6th presale stage into its ICO (initial coin offering) journey, KangaMoon has been able to raise over $6.8 million and its holders are expecting the possibility of a $8 million presale valuation when it concludes. Additionally, KangaMoon has also been able to attract over 32,000 members to its community and a large bunch of this population are currently benefiting from the platform’s social media incentive.
Together with its impressive community population, nearly 10,000 members are already holding $KANG tokens. With over 400% ROI already granted to early buyers of $KANG, these holders are anticipating its predicted spike to $0.5 or $1 by the end of the year. In retrospect, KangaMoon was previously launched at the price of $0.005 but has surged significantly to a new price of $0.025 in the current presale stage.
Meanwhile, KangaMoon’s ecosystem is its main allure in the altcoin market. Its upcoming Kangaverse ecosystem serves as a gaming hub where its users can engage in battles with their in-game characters. The game even gets more immersive with the native $KANG token, which allows upgrades, purchase of in-game assets and the likes. Ultimately, KangaMoon is signaling as one of the top crypto coins to watch.
Binance Coin Maintains Position Among Leading Giants in The Altcoin Market
Over the past year, Binance (BNB) was able to see a remarkable 91% growth that drove significant widespread adoption and purchases of BNB. With a current market cap exceeding $85.2 billion, Binance coin stands prominently as one of the top leaders in the altcoin market and will probably hold this status for many years.
Binance network is undoubtedly a powerhouse in the crypto market, ranking only behind Bitcoin and Ethereum, and with Solana being its biggest rival. Furthermore, the Binance blockchain hosts one of the world’s largest crypto exchanges, offering users a seamless platform for trading and executing secure transactions. This is one of the reasons why Binance coin will appreciate in value this year.
Sei (SEI) Sees Its Fair Share of Development As Prices and Sentiment Increase
Sei (SEI) coin experienced positive developments lately that has pushed its market cap up to $790 million, making it the 86th-largest altcoin. This positivity around Sei starts from the volume of its social attention, which has increased by 154%, driven by activity on Telegram and X (formerly called Twitter).
In addition to this, the total open interest for SEI coin rose by 123%, from $33.8 million to $75.4 million. While this has brought a substantial amount of interest for Sei, its recent partnership with Circle, the company behind USDC and the report of Sei Labs supporting Ethereum Virtual Machine with Sei v2, poses a better catalyst for more value and adoption for Sei network.
Is KangaMoon Capable of Hitting $1 This Year?
So far, KangaMoon has grown significantly, recording a whopping 400% rise from its initial value in the meme coin market. Considering the timeframe of this appreciation, KangaMoon still has a lot of time this year to appreciate to $1 as long as it doesn’t experience any drastic price dip.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://kangamoon.com/
Join Our Telegram Community: https://t.me/kangamoonofficial
*This article was paid for. Cryptonomist did not write the article or test the platform.
This year is almost halfway through, and the tension surrounding the next crypto surge is already building up. Most analysts have very high expectations for Bitcoin, and the potential price positivity it can generate for the broader altcoin market. This expectation has led many traders and investors to accumulate top crypto coins with enticing potential for gathering profits. Among the top altcoins ranking investors list, Binance (BNB) coin, Sei (SEI) token and new market entrant, KangaMoon (KANG) are especially standing out.
KangaMoon (KANG) Tops List of Most Valuable Meme Coins to Watch
The altcoin market is already showing signs of flourishing in the rest quarters of the year, and this positivity might start reflecting from the meme coin space as a new dynamic GameFi token is about to emerge. Called KangaMoon (KANG), this meme token project is about to revolutionize online gaming by providing several incentives and an entertaining way for its users to earn.
While in the 6th presale stage into its ICO (initial coin offering) journey, KangaMoon has been able to raise over $6.8 million and its holders are expecting the possibility of a $8 million presale valuation when it concludes. Additionally, KangaMoon has also been able to attract over 32,000 members to its community and a large bunch of this population are currently benefiting from the platform’s social media incentive.
Together with its impressive community population, nearly 10,000 members are already holding $KANG tokens. With over 400% ROI already granted to early buyers of $KANG, these holders are anticipating its predicted spike to $0.5 or $1 by the end of the year. In retrospect, KangaMoon was previously launched at the price of $0.005 but has surged significantly to a new price of $0.025 in the current presale stage.
Meanwhile, KangaMoon’s ecosystem is its main allure in the altcoin market. Its upcoming Kangaverse ecosystem serves as a gaming hub where its users can engage in battles with their in-game characters. The game even gets more immersive with the native $KANG token, which allows upgrades, purchase of in-game assets and the likes. Ultimately, KangaMoon is signaling as one of the top crypto coins to watch.
Binance Coin Maintains Position Among Leading Giants in The Altcoin Market
Over the past year, Binance (BNB) was able to see a remarkable 91% growth that drove significant widespread adoption and purchases of BNB. With a current market cap exceeding $85.2 billion, Binance coin stands prominently as one of the top leaders in the altcoin market and will probably hold this status for many years.
Binance network is undoubtedly a powerhouse in the crypto market, ranking only behind Bitcoin and Ethereum, and with Solana being its biggest rival. Furthermore, the Binance blockchain hosts one of the world’s largest crypto exchanges, offering users a seamless platform for trading and executing secure transactions. This is one of the reasons why Binance coin will appreciate in value this year.
Sei (SEI) Sees Its Fair Share of Development As Prices and Sentiment Increase
Sei (SEI) coin experienced positive developments lately that has pushed its market cap up to $790 million, making it the 86th-largest altcoin. This positivity around Sei starts from the volume of its social attention, which has increased by 154%, driven by activity on Telegram and X (formerly called Twitter).
In addition to this, the total open interest for SEI coin rose by 123%, from $33.8 million to $75.4 million. While this has brought a substantial amount of interest for Sei, its recent partnership with Circle, the company behind USDC and the report of Sei Labs supporting Ethereum Virtual Machine with Sei v2, poses a better catalyst for more value and adoption for Sei network.
Is KangaMoon Capable of Hitting $1 This Year?
So far, KangaMoon has grown significantly, recording a whopping 400% rise from its initial value in the meme coin market. Considering the timeframe of this appreciation, KangaMoon still has a lot of time this year to appreciate to $1 as long as it doesn’t experience any drastic price dip.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://kangamoon.com/
Join Our Telegram Community: https://t.me/kangamoonofficial
*This article was paid for. Cryptonomist did not write the article or test the platform.