From Donald Trump’s trading cards to Tai Lopez’s peculiar NFT collection, 2022 marked another year of poorly thought-out NFT drops by big names.
Mainstream hype for the nonfungible token (NFT) market cooled off considerably in 2022, but that didn’t stop a host of popular and wealthy figures from stinking up the area with awful collections last year.
In the 2022 edition of the worst influencer and celeb NFT money grabs, Pandoraland has a look at four projects seemingly developed to milk capital out of their fans pockets, while delivering really little.Tai Lopez– OG
(Original Garage )Social Club Initially on the list is the oddball entrepreneur Tai Lopez, best understood for his cheesy marketing projects that utilized to afflict YouTube not so long ago.Lopez’s most popular video is his “here in my garage “organization course promotion
from 2015 where he initially shows off his Lambo before switching gears and noting that he is more proud of the thousands of books he owns because of the “knowledge” they give him. Paying tribute to the video, Lopez released a collection dubbed the” OG(Original Garage)Social Club”in March. The NFTs was available in three tiers of rarity, going from anywhere in between$ 150 on the lower end to$50,000 for the premium tokens
that used exclusive benefits such as an individually basketball game with Lopez, viewing a movie, or eating dinner together and personal mentorship sessions. Tai Lopez is selling an NFT that provides you the CHANCE to win$10,000 if you beat him at 1 on 1 basketball. The rate?$50,000. pic.twitter.com/ySJc52PItu!.?.!— Coffeezilla(@coffeebreak_YT)March 5, 2022 The existing information on OpenSea now paints a grim picture nevertheless, with the floor rate for all the NFTs despite rarity, sitting at 0.08 Ether(ETH)or$97 at the time of composing. Looking at the premium NFTs, the basketball-related token is on sale for as low as 0.880 ETH($1069), while an NFT granting access to an one-on-one dinner with Lopez is now on sale for 1 ETH($1214)in spite of very first being sold for around$30,000. Donald Trump– Trump Digital Trading Cards Despite traditionally being a singing crypto-hater, former president Donald Trump revealed an odd certified NFT task in December that included 45,000 self-themed trading cards. The inferior and potentially plagiarized artwork of the NFTs portrayed Trump in different forms such as a superhero, hunter, cowboy and golfer. The NFTs offered purchasers a chance to win a host of one-on-one experiences with the 45th president through
sweepstakes. Trump Digital Trading Card NFTs: OpenSea The NFTs initially sold for $99 each rapidly selling out on Dec. 16 with the flooring cost quickly rising to 0.83 ETH($1,008)on OpenSea within two days. Since then, nevertheless, the price has actually considerably tanked to 0.164 ETH($199). While people who first purchased in are most likely to still be in the green, the Trump NFT job is excellent in either case as it stole around $4.5 million from the initial sales, with an ongoing 10%creator cost also coming back to it through sales on secondary markets. Floyd Mayweather Jr.– Mayweverse Boxing icon Floyd Mayweather Jr. likewise makes the 2022 list for anNFT project that seems to have actually been completely abandoned at the time of composing. Tweeting on Mar. 22, Mayweather revealed the “Mayweverse”consisting of 5,000 NFT collectibles.”If you are in the NFT world and you’re banking on me, you will never ever lose, “he stated. Here before the job slow carpets. Don’t you have a track record of promoting frauds? pic.twitter.com/szJQmwqTkT!.?.!— ZachXBT(@zachxbt)March 21, 2022 The NFTs initially chose a mint price of approximately$900 on Apr. 13 offering hodlers the possibility to win cash prizes ranging from$ 5,000 to$
30,000 and exclusive experiences such as
joining Mayweather in an upcoming Metaverse called” Floyd’s Gym.”Because the mint, the Mayweverse Twitter account has stayed inactive with not a single follow-up tweet throughout 2022. It’s unclear if anybody got prizes or when the Metaverse will be delivered.
The site’s roadmap also stays undated despite at first stating other” future benefits”would be announced soon.
sold for less 0.050 Wrapped ETH($60 )however have a floor price of 0.1 ETH ($121). Mayweverse NFTs: OpenSea Lana Rhoades– CryptoSis.Last on the list is the popular influencer and former adult film star Lana Rhoades released the now-abandoned Crypto Sis NFT project in February 2022. Crypto Sis consists of 6,069 Rhoades-themed cartoon avatar NFTs with the number at first meant to be 6,969 whichit didn’t reach due to an absence of need. Crypto Sis NFTs: OpenSea The NFTs chose a mint rate of approximately$ 261 but the worth now essentially sits at $0 on OpenSea as there has actually been less than 1 ETH worth of total trading activity because its Feb. 2022 launch. The project’s Twitter page is likewise presently suspended.Rhoades apparently stolen$1.5 million fromthe sales, then without delay withdrew
the funds from her Ethereum wallet before ignoring the task entirely stating her neighborhood was too negative.Related: Crypto adoption in 2022: What events moved the market forward?In now-deleted social networks posts, Rhoades
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