Donations and crowdfunding efforts are a major area of activity within the cryptosphere. But what happens when you start a spoof campaign and ask supporters to send you cryptocurrency, promising them nothing in return? You get as much as $1.1 million Ethereum (ETH) In just 24 hours, apparently, as indicated by the example of Pauly, the anonymous co-founder of community-built NFT marketplace NotLarvaLabs.
Opposed to initiatives that promise contributors tokens, participation in future profits, or any other form of tangible or non-tangible benefit, Pauli made it clear in his call for donations that he does not offer any value to his supporters. Will not reward with.
“There is nothing for sale. I can’t repeat this enough. People only choose to send tokens to: YouGetNothing.eth. Or they choose not,” crypto provocateur Said in a tweet.
Controversial Initiative
Some observers describe Pauley’s project as an example of performance art, while others believe it to be a clever get-richs ploy to amass significant crypto assets without investing much of their time or effort. Quick plan.
“An incredible social experiment!” user wirelark commented on the initiative.
“I [s]Put $150 into the fund with a clear understanding and expectation of getting something of value in return,” Claimed User zee.
Another user, Emirati on-chain analyst Yazan Al Kharouf, Said Said in his tweet that the recreational value of this initiative convinced him to donate a portion of his crypto assets to Pauli.
“Why did I send ETH to yougetnothing.eth (@Pauly0x)? This is why I just sent ETH to zachxbt.eth (@zachxbt). Pauly really entertains me. Zach is someone I look up to. Anyone can support them any way they want,” according to Al Kharouf.
Whereas, the user Bustelobricks.eth saw that, “Over a million dollars worth of eth was sent to @Paly0x. The only lesson to be learned from this is “You don’t tell people how to spend their money.” why are you mad This is not your money. ,
Regardless of the ultimate aim of Poly’s campaign, it’s clear that the developer’s dominant social media following has played a significant role in its success. As of June 1, Pauley has over 74,200 followers on Twitter which increases his visibility in the cryptosphere.
Meanwhile, the latest controversial effort has inspired a number of similar initiatives on social media, with various influencers and users asking their followers to donate crypto in return for nothing.
In an attempt to replicate Pauley’s venture, user Oxgems Tweeted: “Today I saw people send 1M in Eth to @Pauly0x and I wonder if people sending ETH completely at random will change people’s lives [a] Stranger.”