- Atto unveiled that its project was actually a “social experiment.”
- It was designed to highlight large-scale non-fungible token (NFT) bot network fraud on Twitter.
- According to a recent tweet by Little Shapes NFT, it will soon explain “the biggest NFT conspiracy.”
Little Shapes NFT project is founded by Atto, a pseudonymous Founder. It will soon host and explain the “biggest NFT conspiracy” along with the insider report. This will be quite interesting for the whole NFT space.
https://t.co/P6Maf6hDp4
— Little Shapes NFT (BALLZ) (@LittleShapesNFT) February 3, 2023
Little Shapes NFT: A Social Experiment
Earlier this month, Little Shapes thanked the participants of Little Shapes and noted that it was “a social experiment by Ballz NFT.” It also added in its tweet that “the expose was real though.” In a 158 pages document it added about “how a ring of influencers and founders drained $200 Million plus out of the ecosystem over 274 projects.”
Thanks for participating everyone – Little Shapes was a social experiment by @BALLZNFT_
— Little Shapes NFT (BALLZ) (@LittleShapesNFT) February 1, 2023
The exposé was real though. Here’s how a ring of influencers and founders drained $200,000,000+ out of the ecosystem over 274 projects: https://t.co/BKMSqPVwzw
(158 Pages) pic.twitter.com/gB5v21NCRo
According to Little Shapes NFT’s tweet, “Over the past year, NFT Twitter has been manipulated and controlled mostly by a singular Twitter botnet. It showed up mostly in February 2022, and then was used in conjunction with a network of influencers and alpha groups to sell out projects.”
The influencers included “Ryandcrypto and OttoSuwenNFT (both who have now deleted all their giveaway tweets), BentoBoiNFT, Takoa, MaisonGhost, AmeerHussainn, DonteCrypto, KevinSusanto, and more.”
Little Shapes NFT further added about the influencers on how they influence users. It noted in the tweet that “MindblowonNFT or BBRCOfficial, all these influencers would host collab giveaways on Twitter – they would bot it to shit, you’d see the botted numbers and think the project has hype, you mint.”
After this, the influencers “make a few million. And they repeat it, with 274 other projects from projectPXN to Memeland to their latest concentrated venture – ether.”
Little Shapes NFT also named all the 274 projects. Some of them were AneroVerse, TrippinApeNFT, GreatGoatsNFT, the $12 Million sevensevenbit, s7nsstation, and more. Additionally, for a lot of these projects “the founders are basically ghosts like AneroVerse founders downtownlegend and w3bender. Both have under 250 total tweets, made their accounts as soon as their project announced, and then got disappeared.”
This was applied to the founders of most of the projects involved. Meanwhile, “the owners of this botnet were behind a majority of these projects, propping up figureheads to ‘run’ the projects for them and then rug and make a new one.”
It also raised the question in the twitter thread that “why this has 120K replies and 20K likes. It’s deeper than just bots. It’s the same private botnet over 274+ projects over the past year, a botnet you can’t access anywhere publicly, with what seems like a whole cabal organized behind it.”
Furthermore, Little Shapes wrote that “All of this has been reported to the DOJ and their country’s local financial crimes units. I’ve been in contact with their versions of the SEC and FBI for over 2 months.”