Sadly, a lack of clear government regulations in the crypto space means that scams remain rife. Investors need to be on guard. Earlier last month, crypto slouth and investigative journalist Coffeezilla exposed controversial MMA heel Dillon Danis over his promotion of fake non-fungible token projects.
Coffeezilla paid Danis $1000 to promote a fake NFT project to see whether he would conduct any due diligence and check the veracity of the project. He didn’t, didn’t disclose to his followers that he was sharing an paid advertisement and even posted copy that spells out the word SCAM.
Following the link to mint the fake NFTs actually sends users to a page with a list of all the fake NFT projects that Danis has promoted to his followers. Investors in the crypto space need to exercise caution. Just because a celebrity with clout promotes a project doesn’t mean it has any veracity.
Hopefully very few Dannis followers or MMA fans have been duped by his prior promotions. Indeed, if MMA fans or fitness enthusiasts want to check out a legit crypto project, they should read into Fight Out.
Fight Out is a revolutionary new web3 fitness platform that is looking to transform the move-to-earn (M2E) crypto niche and wider fitness industry by becoming the first platform to reward its users financially for working out.
Where existing M2E platforms like STEPN and Sweatcoin focus purely on rewarding users for steps, Fight Out will reward its users for a wide range of exercise, including workouts in the gym. The web3 fitness start-up hopes that, enticed by the prospect of financial reward for exercise, its platform can help users adopt a healthier lifestyle.
More than that, Fight Out users will be able to mint their own person soul-bound avatar,
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