defi analysts entering the slippery slurps of nfts. ramen collective 🍜 join the collective to uncover funny moments
Joined August 2022
- Tweets37
- Following24
- Followers251
- Likes19
Pinned Tweet
1/ What a pain in the ass, I can’t believe I’ve been hired to do nft analytics 😮💨
So most of you may have already seen the misappropriation of funds for @RagnarokMeta..
But what if I told you there’s a project 10x better at stealing money than them?
Introducing: @projectPXN
1/ So you might rmb @SkyVerseNFT, a project that drew decent traction raising 499.2 eth on a collection of 5k that sold at 0.1 eth each just 4 months back.
The intention was to use these funds to build a new metaverse - their on-chain transactions, however, tells us otherwise:
8/ In the screenshot above, you will see that all deposits have been funded by two addresses:
1. '0xF5' Wallet (the one which received 545 eth)
2. 0xE895295378e642De0d26cEEbEF54c3f59918B49b (which was in turn funded by the '0xF5' Wallet)
'0xE89' even traded $APE with the funds!
Ramen Research retweeted
Is @reicannon's wallet also entitled to receive an additional 697.7749 eth on top of a 100 eth compensation?
FYI this adds up to 797.7749 which is part of "Payout Batch 2", a 3,091.1 eth payout that includes another 797.7749 and 1,595.5 (2 * 797.7749) eth to 2 other addresses.
Ramen Research retweeted
Founders should share their comp structure pre-mint.
Taking 300E upfront post mint or ~$1m USD across founders + ongoing 10k / mth is just ridiculous.
The best comp structure I have seen is to take payment in your OWN project NFTs like how @shanicucic96 does it for @PGodjira.
Ramen Research retweeted
wah 100eth is your compensation?
what have you delivered so far to justify 100e payout for each founder?
Is @reicannon's wallet also entitled to receive an additional 697.7749 eth on top of a 100 eth compensation?
FYI this adds up to 797.7749 which is part of "Payout Batch 2", a 3,091.1 eth payout that includes another 797.7749 and 1,595.5 (2 * 797.7749) eth to 2 other addresses.
Dropping etherscan tx link for reference:
etherscan.io/tx/0xa6382264ba…
Just to reiterate, this is one of the wallets that received 100 eth each which @Pants_shh has confirmed to be founder wallets for compensation.
Suspected to be rei's wallet as it sent 5 eth to rei's public wal.
20/ ..a very humble and well deserved 5,000 eth (us7.5m) payout to the team!
What a pain in the ass this has been to sift through but thank you so much for the on chain transparency and congratulations on a total ~$10M payout to the team! Round of applause please?
21/ We’ll be releasing a much more comprehensive and detailed report on our website ramenresearch.com for our ramen collective.
But otherwise, Ramen Researcher is signing off, back again next week for another episode of successful mints 🫡