Key Takeaways
- Famous NFT porn star (Rhoades)launched an NFT project last month
- Rhoades complained about the negativity of the community towards her and allegedly ran away with the $1.5 million from the project
- Those who invested in the project are frustrated by the turn of event
Lana Rhoades, a famous pornstar, and influencer launched her own NFT project last month. The project raised $1.5 million, which was proposed to be a profitable investment. According to a report, it was going on well until Rhoades quit the NFT project and went silent with the money in yet another NFT scam.
NFT project turns to rug
Coffeezilla, a well-known YouTube investigator, revealed facts in a recent video about the intricate scheme. CryptoSis was the title given to Rhoades’ lucrative project that turned out to be fake. Last month, the initiative began with NFTs of cartoony representations of the porn celebrity. Rhoadesattempted to sell the project to her audience. According to her, the project was designed to increase the value of NFT holders, making it a “profitable investment.” Rhoades also guaranteed the holders that the coins would “sell for more than they paid to mint.”
While it may not be enough to persuade some, others may not require a large sum of money to invest in an NFT. Furthermore, Rhoades said in a second social media post that the project isn’t a one-time occurrence. The lucrative initiative has been compared to an “NFT franchise,” with Rhoades stating that the brand and its value will continue to rise. Rhoades’ NFT project included a roadmap that promised various incentives if sales reached a certain percentage.
Not every project ends well
Rhoades vanished from the digital environment less than a week after $1.5 million was paid in mint transactions, which was bad for the users who purchased her NFTs. After withdrawing the funds in Ethereum, the well-known pornstar stated that the community had become hostile to her.
While some of those who fell for the project lost money, the effort will be remembered for a long time. Yes, before the hoax was discovered, one of the numerous people who decided to invest in Rhoades’ NFTs tattooed the project’s emblem on their bodies.
The topic has received a wide range of responses on Reddit. Some users speculated on whether the pornstar would be arrested, while others simply laughed at those who fell for the new rug pull. They further questioned if consumers are aware that the NFTs are not included in a blockchain. Those NFTs are “worthless barcode images,” according to one user.
Rhoades’ Twitter account currently has 1.5 million followers. The prominent influencer hasn’t posted a tweet since Sunday, and there’s no mention of the NFT initiative in her most recent Tweets. Nonetheless, her profile photo is the project’s animated logo.
