qest
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by qest on Jan 16, 2022 21:35:34 GMT 1, What a clusterfuck. SEC will come knocking soon.
What a clusterfuck. SEC will come knocking soon.
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iamzero
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by iamzero on Jan 16, 2022 21:38:28 GMT 1, What a clusterfuck. SEC will come knocking soon.
Right after theyโve started a lawsuit against ETH.
What a clusterfuck. SEC will come knocking soon. Right after theyโve started a lawsuit against ETH. |
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Happy Shopper on Jan 16, 2022 21:39:17 GMT 1, No idea what's going on but sounds like a real sh1t show  It's like Banksy released a print and some how West County Prints managed to sneak in 500 extra prints into the release any nobody knows which ones....... .... I think.......  ย
No, I donโt think thatโs what happened, or even possible.
You canโt sneak fakes into a collection, but you can make separate NFTs with similar images and a very similar name, and try to trick peopleโฆ thatโs been happening before the official release.
What happened here was simply that no raffle entries were picked. All sold to whitelist or VIPs (or this is what people think happened)
No idea what's going on but sounds like a real sh1t show It's like Banksy released a print and some how West County Prints managed to sneak in 500 extra prints into the release any nobody knows which ones....... .... I think....... ย No, I donโt think thatโs what happened, or even possible. You canโt sneak fakes into a collection, but you can make separate NFTs with similar images and a very similar name, and try to trick peopleโฆ thatโs been happening before the official release. What happened here was simply that no raffle entries were picked. All sold to whitelist or VIPs (or this is what people think happened) |
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qest
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by qest on Jan 16, 2022 21:42:28 GMT 1, This is literally the most exciting part of any NFT project that I've paid attention to. (admittedly few)
This is literally the most exciting part of any NFT project that I've paid attention to. (admittedly few)
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iamzero
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by iamzero on Jan 16, 2022 21:52:08 GMT 1, Is it highly possible that lots of people with lots of money have been sucking up to Edgar to get on the WL to make an obscene amount of profit?
Is it highly possible that lots of people with lots of money have been sucking up to Edgar to get on the WL to make an obscene amount of profit?
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Acme Thunderer on Jan 16, 2022 21:57:29 GMT 1, It's like Banksy released a print and some how West County Prints managed to sneak in 500 extra prints into the release any nobody knows which ones....... .... I think.......  No, I donโt think thatโs what happened, or even possible. You canโt sneak fakes into a collection, but you can make separate NFTs with similar images and a very similar name, and try to trick peopleโฆ thatโs been happening before the official release.What happened here was simply that no raffle entries were picked. All sold to whitelist or VIPs (or this is what people think happened)
It's like Banksy released a print and some how West County Prints managed to sneak in 500 extra prints into the release any nobody knows which ones....... .... I think....... No, I donโt think thatโs what happened, or even possible. You canโt sneak fakes into a collection, but you can make separate NFTs with similar images and a very similar name, and try to trick peopleโฆ thatโs been happening before the official release.What happened here was simply that no raffle entries were picked. All sold to whitelist or VIPs (or this is what people think happened) This is just the startโฆ |
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WOOF
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by WOOF on Jan 16, 2022 22:08:05 GMT 1, Also this was taken after the whitelist mint  more than 120 in one wallet... 
Also this was taken after the whitelist mint more than 120 in one wallet... hey whered you'd get my screenshot |
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Happy Shopper on Jan 16, 2022 22:12:09 GMT 1, No, I donโt think thatโs what happened, or even possible. You canโt sneak fakes into a collection, but you can make separate NFTs with similar images and a very similar name, and try to trick peopleโฆ thatโs been happening before the official release.What happened here was simply that no raffle entries were picked. All sold to whitelist or VIPs (or this is what people think happened) This is just the startโฆ
Exactly.
I wonder if Edgar Plans will become the most faked NFT?
No, I donโt think thatโs what happened, or even possible. You canโt sneak fakes into a collection, but you can make separate NFTs with similar images and a very similar name, and try to trick peopleโฆ thatโs been happening before the official release.What happened here was simply that no raffle entries were picked. All sold to whitelist or VIPs (or this is what people think happened) This is just the startโฆ Exactly. I wonder if Edgar Plans will become the most faked NFT? |
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Reader
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Reader on Jan 16, 2022 22:15:38 GMT 1,
thanks for the $
thanks for the $ |
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Happy Shopper on Jan 16, 2022 22:19:00 GMT 1, Heโs not even a good painter! ๐
Heโs not even a good painter! ๐
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iamzero
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by iamzero on Jan 16, 2022 22:32:37 GMT 1,
The SEC are a joke.
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urbanflik
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by urbanflik on Jan 16, 2022 22:34:47 GMT 1, Would users who were instructed to have ETH in their wallet in order to be considered for the raffle have a legal claim against the artist for the lost gas fees?
Iโm not instructing anyone for $50 /80 but was curious to see if there would be any legal implication off the back of this drop as the raffle never actually happened.
NFTs over for me ๐คฃ
Would users who were instructed to have ETH in their wallet in order to be considered for the raffle have a legal claim against the artist for the lost gas fees?
Iโm not instructing anyone for $50 /80 but was curious to see if there would be any legal implication off the back of this drop as the raffle never actually happened.
NFTs over for me ๐คฃ
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qest
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by qest on Jan 16, 2022 22:50:39 GMT 1, Yeah, it seems pretty clear to me that NFTs like this one are a security. I don't agree with some of the suggestions in the article, but opinions aside I think it's uncontroversial to say that as value (and fraud) associated with these projects increase, so will SEC interest. They are already engaged in enforcement actions related to crypto and defi and we are watching the vast potential for abuse play out in real time.
I saw an estimate that this minting was generating investment somewhere in the $11M range - I don't know if that's an accurate number, but would certainly be enough to draw enforcement interest.
Yeah, it seems pretty clear to me that NFTs like this one are a security. I don't agree with some of the suggestions in the article, but opinions aside I think it's uncontroversial to say that as value (and fraud) associated with these projects increase, so will SEC interest. They are already engaged in enforcement actions related to crypto and defi and we are watching the vast potential for abuse play out in real time. I saw an estimate that this minting was generating investment somewhere in the $11M range - I don't know if that's an accurate number, but would certainly be enough to draw enforcement interest. |
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Wearology
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Wearology on Jan 16, 2022 22:52:14 GMT 1, The FAKES are under the Name Edgar Plans and under the Title Lil Heroes and they are using his exact imagery. How can anyone tell the real ones from the fakes - It is impossible. What if everyone who bought an image today finds out that the image they purchased behind the standard icon is of the N Word or a portrait of Hitler ?
The FAKES are under the Name Edgar Plans and under the Title Lil Heroes and they are using his exact imagery. How can anyone tell the real ones from the fakes - It is impossible. What if everyone who bought an image today finds out that the image they purchased behind the standard icon is of the N Word or a portrait of Hitler ?
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dunkers
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by dunkers on Jan 16, 2022 22:56:50 GMT 1, The FAKES are under the Name Edgar Plans and under the Title Lil Heroes and they are using his exact imagery. How can anyone tell the real ones from the fakes - It is impossible. What if everyone who bought an image today finds out that the image they purchased behind the standard icon is of the N Word or a portrait of Hitler ?
Never use the opensea search function always go through the link on the official projects website/discord
The FAKES are under the Name Edgar Plans and under the Title Lil Heroes and they are using his exact imagery. How can anyone tell the real ones from the fakes - It is impossible. What if everyone who bought an image today finds out that the image they purchased behind the standard icon is of the N Word or a portrait of Hitler ? The fakes cant be mixed in with the originals on the marketplace, its impossible. As long as the buyer goes through the official links when buying they they are fine. Never use the opensea search function always go through the link on the official projects website/discord |
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Pawel
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Pawel on Jan 16, 2022 23:00:35 GMT 1, The FAKES are under the Name Edgar Plans and under the Title Lil Heroes and they are using his exact imagery. ย How can anyone tell the real ones from the fakes - ย It is impossible. ย What if everyone who bought an image today finds out that the image they purchased behind the standard icon is of the N Word or a portrait of Hitler ?ย
The images might be the same but the token can contract address on the blockchain must be different.
The FAKES are under the Name Edgar Plans and under the Title Lil Heroes and they are using his exact imagery. ย How can anyone tell the real ones from the fakes - ย It is impossible. ย What if everyone who bought an image today finds out that the image they purchased behind the standard icon is of the N Word or a portrait of Hitler ?ย The images might be the same but the token can contract address on the blockchain must be different. |
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iamzero
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by iamzero on Jan 16, 2022 23:12:33 GMT 1, Yeah, it seems pretty clear to me that NFTs like this one are a security.ย I don't agree with some of the suggestions in the article, but opinions aside I think it's uncontroversial to say that as value (and fraud) associated with these projects increase, so will SEC interest.ย They are already engaged in enforcement actions related to crypto and defi and we are watching the vast potential for abuse play out in real time. I saw an estimate that this minting was generating investment somewhere in the $11M range - I don't know if that's an accurate number, but would certainly be enough to draw enforcement interest.ย ย
Lubin and Buterin based themselves in Switzerland with ETH to get around the SEC laws from what I know. Meaning they worked around security regulationsโฆ
Yeah, it seems pretty clear to me that NFTs like this one are a security.ย I don't agree with some of the suggestions in the article, but opinions aside I think it's uncontroversial to say that as value (and fraud) associated with these projects increase, so will SEC interest.ย They are already engaged in enforcement actions related to crypto and defi and we are watching the vast potential for abuse play out in real time. I saw an estimate that this minting was generating investment somewhere in the $11M range - I don't know if that's an accurate number, but would certainly be enough to draw enforcement interest.ย ย Lubin and Buterin based themselves in Switzerland with ETH to get around the SEC laws from what I know. Meaning they worked around security regulationsโฆ |
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Riotcops
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Riotcops on Jan 16, 2022 23:29:50 GMT 1, I'm launching my own official NFT to commemorate this project. DM your offers.
I'm launching my own official NFT to commemorate this project. DM your offers. |
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qest
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by qest on Jan 16, 2022 23:31:17 GMT 1, Yeah, it seems pretty clear to me that NFTs like this one are a security. I don't agree with some of the suggestions in the article, but opinions aside I think it's uncontroversial to say that as value (and fraud) associated with these projects increase, so will SEC interest. They are already engaged in enforcement actions related to crypto and defi and we are watching the vast potential for abuse play out in real time. I saw an estimate that this minting was generating investment somewhere in the $11M range - I don't know if that's an accurate number, but would certainly be enough to draw enforcement interest. Lubin and Buterin based themselves in Switzerland with ETH to get around the SEC laws from what I know. Meaning they worked around security regulationsโฆ
Yeah, it seems pretty clear to me that NFTs like this one are a security. I don't agree with some of the suggestions in the article, but opinions aside I think it's uncontroversial to say that as value (and fraud) associated with these projects increase, so will SEC interest. They are already engaged in enforcement actions related to crypto and defi and we are watching the vast potential for abuse play out in real time. I saw an estimate that this minting was generating investment somewhere in the $11M range - I don't know if that's an accurate number, but would certainly be enough to draw enforcement interest. Lubin and Buterin based themselves in Switzerland with ETH to get around the SEC laws from what I know. Meaning they worked around security regulationsโฆ Pretty sure SEC position is that ETH is not a security. |
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polokino
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by polokino on Jan 16, 2022 23:42:20 GMT 1, they made 10 M USD ?
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Pawel
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Pawel on Jan 16, 2022 23:47:15 GMT 1,
Yes, they did.
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Skizz 82
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Skizz 82 on Jan 16, 2022 23:50:26 GMT 1, Crazy
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polokino
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by polokino on Jan 16, 2022 23:50:32 GMT 1, You don't need a degree in NFT. They set 50 NFT per wallet for private sales, that went on as the Whitelists started = SOLD OUT in 1 hr. I have been lucky enough to wait only 30 min to mint. If I would have waited longer, I would have been cut off. I'm pissed off for and as everyone as I'd also be. Almine Rech hits again!
Why ?
You don't need a degree in NFT. They set 50 NFT per wallet for private sales, that went on as the Whitelists started = SOLD OUT in 1 hr. I have been lucky enough to wait only 30 min to mint. If I would have waited longer, I would have been cut off. I'm pissed off for and as everyone as I'd also be. Almine Rech hits again! "Almine Rech hits again!" Why ? |
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polokino
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by polokino on Jan 17, 2022 0:00:48 GMT 1, What a clusterfuck. SEC will come knocking soon.
What a clusterfuck. SEC will come knocking soon. SEC ? They still cannot regulate financial markets. NFT, imagine... |
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Jimini Cricket
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Jimini Cricket on Jan 17, 2022 0:12:59 GMT 1, If people complained about how expensive the mint price was for 1 nft, why are people bothered if people were able to mint multiple nfts? You really gonna pay 20Eth plus gas for 50 NFTs? A bit dumb innit.
People whining missed out on the instaflipping and easy money. Boo hoo. Nothing to do with liking the unknown looking nft. Truth.
If people complained about how expensive the mint price was for 1 nft, why are people bothered if people were able to mint multiple nfts? You really gonna pay 20Eth plus gas for 50 NFTs? A bit dumb innit.
People whining missed out on the instaflipping and easy money. Boo hoo. Nothing to do with liking the unknown looking nft. Truth.
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polokino
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by polokino on Jan 17, 2022 2:19:08 GMT 1, "Almine Rech hits again!"ย Why ? Long story shortโฆlast year at Cesar Pietteโs launch on niftygateaway AR kept a 10-20% of the nft for themselves in 1-2 different accounts then started selling them at 3times the mint price in the marketplace. They got caught and been banned by NG.
Interesting - Source ?
"Almine Rech hits again!"ย Why ? Long story shortโฆlast year at Cesar Pietteโs launch on niftygateaway AR kept a 10-20% of the nft for themselves in 1-2 different accounts then started selling them at 3times the mint price in the marketplace. They got caught and been banned by NG. Interesting - Source ? |
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by New Wave Dave on Jan 17, 2022 2:52:35 GMT 1, Is it highly possible that lots of people with lots of money have been sucking up to Edgar to get on the WL to make an obscene amount of profit?
Is it highly possible that lots of people with lots of money have been sucking up to Edgar to get on the WL to make an obscene amount of profit? That's pretty much the NFT ecosystem in a nutshell. |
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Jimini Cricket
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by Jimini Cricket on Jan 17, 2022 2:53:27 GMT 1, Long story shortโฆlast year at Cesar Pietteโs launch on niftygateaway AR kept a 10-20% of the nft for themselves in 1-2 different accounts then started selling them at 3times the mint price in the marketplace. They got caught and been banned by NG. Interesting - Source ?
The blockchain can confirm the shady transactions.
Long story shortโฆlast year at Cesar Pietteโs launch on niftygateaway AR kept a 10-20% of the nft for themselves in 1-2 different accounts then started selling them at 3times the mint price in the marketplace. They got caught and been banned by NG. Interesting - Source ? The blockchain can confirm the shady transactions. |
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Edgar Plans ๐ช๐ธ Sculpture โข Madrid โข NBA Basketball , by New Wave Dave on Jan 17, 2022 2:59:10 GMT 1, Yeah, it seems pretty clear to me that NFTs like this one are a security. I don't agree with some of the suggestions in the article, but opinions aside I think it's uncontroversial to say that as value (and fraud) associated with these projects increase, so will SEC interest. They are already engaged in enforcement actions related to crypto and defi and we are watching the vast potential for abuse play out in real time. I saw an estimate that this minting was generating investment somewhere in the $11M range - I don't know if that's an accurate number, but would certainly be enough to draw enforcement interest. Lubin and Buterin based themselves in Switzerland with ETH to get around the SEC laws from what I know. Meaning they worked around security regulationsโฆ
Yeah, it seems pretty clear to me that NFTs like this one are a security. I don't agree with some of the suggestions in the article, but opinions aside I think it's uncontroversial to say that as value (and fraud) associated with these projects increase, so will SEC interest. They are already engaged in enforcement actions related to crypto and defi and we are watching the vast potential for abuse play out in real time. I saw an estimate that this minting was generating investment somewhere in the $11M range - I don't know if that's an accurate number, but would certainly be enough to draw enforcement interest. Lubin and Buterin based themselves in Switzerland with ETH to get around the SEC laws from what I know. Meaning they worked around security regulationsโฆ This mint is not that rare in the amount that's generated. Their mint price was high but with resell royalties, this has become a billion dollar business. I think some NFT projects sail even closer to security issues with tokenomics (earning passive income off your NFT), marketing profits, etc. I'm really surprised they've allowed it to go on as long as they have. |
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ย 
more than 120 in one wallet...
