GSPartners’ newest ruse to get individuals excited about their Lydian World Ponzi ecosystem is a clipart NFT assortment.
Named “Lydian Lion”, the gathering is typical of low-effort NFT cash-grabs:
Such collections begin off with a base template, which on this case is an outline of a standing lion with a slight lean to the proper.
Subsequent you create a bunch of variable layers. These are usually equipment, facial expressions, hairstyles, facial options and so on.
Enter these right into a bot, set the colour pallete and congratulations, you simply created an “unique” NFT assortment.
Should you’re notably grasping, you may run the pictures by means of a mirror algorithm and create two “unique” NFT collections.
GSPartners’ Lydian Lions is one such “unique” assortment. Even with within the lion NFT area of interest, there are a bunch of those low-effort scams competing.
Lydian Lion’s advertising and marketing hook is that it’s hooked up to GSPartners.
GSPartners associates hand over bitcoin, ethereum, tether or G999 to mint (create) a Lydian Lion NFT.
It is a fancy approach of claiming GSPartners associates pay proprietor Josip Heit cryptocurrency, or burn G999, in trade for pre-generated clipart.
That “NFT” itself is a hyperlink to the pre-generated Lydian Lion clipart, presumably pointing to a replica of the clipart hosted on a GSPartners area.
Along with the clipart itself being virtually nugatory, when GSPartners finally collapses and no matter area the NFT hyperlink factors to is disabled, the NFT itself turns into nugatory.
That’s a future drawback. Proper now it’s simply hype one thing one thing purchase our NFTs please.
Whereas there have been some reliable early ~March/April 2021 NFT gross sales, at present “open” NFTs are used for cash laundering. Not dissimilar to what occurs within the tangible artwork world.
You create/acquire some random NFT, “promote” it to somebody for an obscene sum of money and, no less than on the floor, you seem to have participated in a reliable transaction.
The opposite factor you’ll see is wash buying and selling. That’s NFT’s being traded in a coordinated method to drive their worth up.
As soon as an NFT has a suitably inflated transaction historical past, it’s then offloaded onto a gullible sap. Stated sap hopes to promote the NFT to another person for much more.
Relying on the present provide of gullible saps, this would possibly occur. Or they’re left holding an in any other case nugatory NFT (that is the standard consequence).
A variation of this rip-off sees insiders commerce an NFT backwards and forwards, after which promote it to somebody at a “low cost”. The play is in any other case the identical.
With GSPartners all of that is after all attainable. Because of the closed nature of the gathering nevertheless (Lydian Lions are tied to GSPartners), manipulation is much less probably.
That is dangerous information for GSPartners associates, who thus don’t even get the phantasm of desirability.
Lydian Lions are being bought to GSPartners associates for between 28 to 888 USDT every (and equivalents in supported cryptocurrencies).
GSPartners advertising and marketing shows that appeared in late November have urged associates to buy Lydian Lions with G999.
This, the assorted presenters declare, will drive up G999 worth as a result of spent G999 is burned (taken out of circulation).
Over the previous month that hasn’t actually labored out:
It’s price declaring G999’s public worth chart is something however natural. G999’s worth stays inside a man-made specified vary, up and down, up and down.
It is a good indication of manipulation.
In associated information, GSPartners has lately launched a month-to-month affiliate membership price.
When BehindMLM reviewed GSPartners in February 2021, affiliate membership was $99 yearly plus G999 funding.
Immediately GSPartners affiliate membership prices $33 a month, paid in USDT. Yearly, this represents a 400% improve.
Oddly sufficient, GSPartners don’t settle for G999 for affiliate membership charges.
