Had to share this, long read but extremely interesting

https://caughtin4k.org/nft-cashgrab-ring-at-large/

Tldr: the author exposes many nft projects that have been run as a scam ring: 1) basically getting ton of users from third world country to follow the project based on give aways,

2) then with huge amount of ppl discord and Twitter follower, they get celebrities to promote their NFT

3) then they take off with all the funds from the people who minted the project thinking it’s gonna be art

4) the people behind the project have made about 3M and bought lambos

Report these dudes and the celebrities that did the pump and dump scheme