The narrative that a lot of Defi moonbois worshiped him seemed to make sense. Upon close inspections you could see the wallets who were buying BK NFTS had hundreds maybe thousands of ETH. These guys however have not been buying from other creators on the platform, a trend that seems to continue in today's times as well, despite so many alleged whales in it. There was a silly post about boycotting Rarible so he can make his $Rari, in which Rarible budged and reward him and his following retrospectively. In a later post he excluded himself from the drop.
For those who are unfamiliar here is a quick recap.
Andre Cronje deployed some contracts that had some functionalities to test them out. A lot of people noticed that new contracts for new project had been deployed and read them, figured out how to use them and in a very short time these contracts had 15M USD in them from people ape ing into them (myself included). Then a few minutes later there was a glorious crash in the price. From what our team of analysts gathered it was not a hack or a rug pull, per se but ‘’someone’’ found an exploit and used a flash loan to game the system and ultimately dumped it all, there were around 8M USD sent back to Cronje’s address, which the community later distributed back to the affected people.
Now was it an exploit that someone found or was it guided from within, that we will never know.
But that seemed to be the issue that people had with BK from that moment onwards. He received a lot of heat for the promotion of EMN, death threats, dox threats, and in general a lot of hate, something that surely he was not used to.
Definitely Some Ragrets there. Maybe Pranksy should sponsor that tattoo after all!
Now to the juicy pussy part…
Blue Kirby started a new project called Off Blue. Basically, it was some kind of presale of a shitcoin through Rarible NFTs. They sold around 2400 NFTs at 1 eth each in the course of a day.
This is when BK twitter account was deleted and OB twitter is now locked.
We have suspended the OFF BLUE team account until further examination due to potential violations of our terms of service. Rarible is not intended to facilitate capital-raising transactions. Please see https://t.co/aMIyqs8dPs or contact firstname.lastname@example.org for details.— Rarible (@rariblecom) October 10, 2020
So what’s the latest?
Looks like the project is still going on, and they claim that they will refund all accounts. The claim tool will be live tomorrow according to the OFFBLUE account.
So overall it’s a beautiful drama with a lot of action. There will always be the people who will be shouting on Tweeter “i knew it!’’ and “I ve been saying it all along for kirby bla bla bla worship me” , that’s toxic behavior. Same as when a cheater is caught some people root for blood to boost their egos. It’s natural shitty behavior. I implore everyone who wants to have an opinion to make it an educated one.
I EXPECT TO GET DEPLATFORMED FROM RARIBLE, BUT IN ALL HONESTY. ALL I EVER DID FOR THEM WAS HELP TWEAK THEIR SHIT, IMPROVE ALL THE STUFF THAT ANNOYED ME USER EXPERIENCE WISE AND SO FORTH. VERY DISSAPOINTING THAT I GET BLOCKED AND BACK DEALINGS/PHONE WITH BLUE KIRBIES.#NFT— ROBNΞSS (@robnessofficial) October 10, 2020
So what actually happened there?
After an EXCLUSIVE chat with Rob, here is a summary of what was discussed.
It all started when Pak and Pablofr shamelessly started wash trading on Rarible, and Alex (Rarible top dog) decided to let it slide allowing them to continue.(The reasoning behind Alex’s thinking was that Pak is famous so he will bring new people to Rarible or make the Rarible brand to have better perception in people’s minds). Oh boy! Alex could not have been more wrong to side with them on that. They both were in it for a quick dollar, and the community of course abolished them. However Rob’s stance was admirable on that one.
What angered him from this whole thing was that Alex called Pak and Pablo first instead of him and others that helped build this platform. But he added that he let that go and move on.
Then there was the BK takeover.
According to Rob, they were using NFTs as another way to make ETH out of YFI investors by selling them Andre memes etc. He also pointed out that, instead of Alex distancing from the BK crew, he opted to make calls with them.
So basically he lost trust to the main developer loss of community engagement and took the decision to take out his earnings. It was also kinda a middle finger to do it like that which he owned when asked about it.
There was also another tweet that Rob interpreted as a wtf moment…
FOR PEOPLE JUMPING INTO MY FEED RIGHT NOW, 180 CHARACTERS ISN'T ENOUGH TO EXPLAIN. BUT....LUCKY FOR YOU AN ART PIECE WILL. I PRESENT.— ROBNΞSS (@robnessofficial) October 10, 2020
'TRUST IS ALL I WAS ASKING FOR ALEX'https://t.co/vFJWOh5CCV
IT'S REALLY NOT THAT HARD. THANKS TO @OpenNFT FOR PROVIDING THE SNAP.#NFT pic.twitter.com/cxHVVc4yZS
However, the Rari price bounced up since then absorbing the hit quite remarkably.
So here is all the reasoning behind the nail-biting drama we all loved to watch unfold.
It’s actually hard to communicate with 140 characters or less.
It would be great if we could also have the other side of the coin and host Alex for an exclusive interview.
This week had no shortage of exit scams, rug pulling and tears. Another glorious rug pull was the Niftymoji one.
But let’s read a great summary about what happened by NFT OG Barthazian.
If you are like me and recently aped a lot of eth in stupid mojis, you'll love to hear that both projects are being revived by their community. Although it will be really hard to restore trust but not impossible
There was the idea to include a free hat with this week's issue, but there is no way to make wearables on CV right now and on DCL the creators are approved per contract so it's curated what it can be made.
If there is anyone who could help make 100 wearables for gifting on the next issue please contact our headquarters, DM Redlioneye either on Twitter or Discord.
Again thank you for reading and thank you for red bolts.
Red Bolts > Cocaine
Red Bolts > Sex