TBW #56: A good spring clean
Read all about The Big Whale's 56th Premium newsletter.
Hello Whales and welcome to the little newcomers who have just joined us in the Premium edition! There are more of you every week. Thank you so much 😍
To devour this week
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🗣 Our exclusive news
🎮 Survey Gaming Web3
THE BIG SPLASH
Spring cleaning 🧹
What does Kev Adams have to do with the crypto industry?
There isn't one.
But yet, for several days now, all the talk has been of the French actor being involved in a scam surrounding a film financed with... NFTs. That's obviously all it took for the story revealed by our colleagues at Mediapart to hit the headlines and go round and round.
Let's be clear, this is obviously a serious matter. We're talking here about 700 alleged victims with a loss in excess of €1 million.
But beyond this particular case, we can see above all that this scam is once again affecting the crypto ecosystem, and giving it a deplorable image . You only have to look at the comments on the subject to understand that the scam in the film "Plush" has become the "NFT" scam...
Some will say that the case has nothing to do with NFTs and cryptos, and they are right, 100 times right. We share that view at The Big Whale. But we would be collectively wrong to think that just saying that is enough to make it true, especially with the general public.
In reality, the ecosystem is still paying for the lack of rules and the great vagueness that has reigned for years between investment, information and promotion. What role has Kev Adams played in the project? How many celebrities or influencers are there doing this kind of thing?
The fact that this affair is breaking out just as French elected representatives are about to adopt regulations to regulate influencers, and more harshly those in crypto, is quite symbolic from this point of view.
Just as the FTX affair didn't break out by chance in crypto, the Plush affair didn't affect NFTs by chance. We need to be able to say so, take responsibility for it and collectively draw the consequences to put an end to certain practices and do some good spring cleaning!