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Chief executive of collapsed crypto fund Hyperverse does not appear to exist

theguardian.com

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Re: Chief executive of collapsed crypto fund Hyperverse does not appear to exist

#21

Post by vidarh »

mihaic wrote: post #16
KomoD wrote: post #13

Earlier quoted context omitted.

It's a very low effort way for him to make money, $500 to record a 1-5 minute long personal video, or even more for "business" videos, $10k/video + $2,5k-$12,5k for license depending on duration

That's very cynical. What's the point of "fuck you" money if you still have to be a talking money and sell your reputation?

It's ironic that you call it cynical, but assume they see it as being a talking monkey (I assume "money" was a typo) and selling their reputation. That seems overly cynical to me. Many people will happily do things where the financial payoff doesn't really move the needle for all kinds of reasons ranging from enjoying it or wanting to be available to fans and admirers, to just filling dead time or boring moments. I'd imagine part of the appeal is that these services have made it quick and easy to use it as a way to fill dead time doing something (talking to fans) they often end up doing for free anyway.

Re: Chief executive of collapsed crypto fund Hyperverse does not appear to exist

#22

Post by Kiro »

DonHopkins wrote: post #19
michael_j_x wrote: post #12

Earlier quoted context omitted.

it's crazy that Wozniak would participate in such a service. Is he running out of money?

As much as I adore him, his hands are already dirty from participating in various BitCoin scams before. https://www.coindesk.com/tag/steve-wozniak/ Video: Apple Co-Founder Loses Bitcoin Scam Ads Lawsuit Against YouTube. Steve Wozniak, co-founder of Apple, recently lost his case against YouTube involving ads for a crypto scam that used his name and image without permission. Similar scam ads us... By CoinDesk Staff Jun…

They used his name and image without permission and illegally in a scam. That's the opposite of participating.

Re: Chief executive of collapsed crypto fund Hyperverse does not appear to exist

#23

Post by ykonstant »

freitzkriesler2 wrote: post #15
kelseyfrog wrote: post #5

The article portrays this as a negative, but all I'm seeing is an innovative way to save on sky-high CEO cost. We've always dreamed of operating without and now we have, it seems like exactly the opposite reaction.

AI powered CEO? I love it already.

Amazing savings on yachts, too; all they need is a 3D printer, a bathtub full of water and the tears of executives for salinity.

Re: Chief executive of collapsed crypto fund Hyperverse does not appear to exist

#24

Post by blowski »

hannob wrote: post #14
jrmg wrote: post #4

Earlier quoted context omitted.

It is unclear how these messages of support were obtained, but all four celebrities are available to hire through the website Cameo, which allows people to pay high-profile individuals to read out a script for them, for anything from a birthday greeting to a business marketing video. The Norris “shout out” to HyperVerse states that “under the leadership of CEO Steven, HyperVerse will be the leader of metaverse space”…

It appears to me that if you are part of a service where people can book you to say and advertise whatever they want, including scams, and you do absolutely no checking of what you say there, that sounds a lot like you are running a service for scammers, and "I didn't know what I said there" should not count as a good justification.

There’s a really blurry line that needs more clarity.

When George Clooney tells me he uses Nespresso coffee pods, I don’t entirely believe him. If I found out that he didn’t, I can’t imagine trying to take legal action against him.

But Chuck Norris endorsing a cryptocurrency? Should he be required to do due diligence on a client before doing paid advertising for them? That also seems unfeasible. Then what about the Kardashians advertising dieting pills? Supermodels advertising cosmetic surgery?

It seems the line is affected by the fame of the celebrity, the product being advertised, and exactly what it is they say.

Re: Chief executive of collapsed crypto fund Hyperverse does not appear to exist

#25

Post by DonHopkins »

Kiro wrote: post #22
DonHopkins wrote: post #19

Earlier quoted context omitted.

As much as I adore him, his hands are already dirty from participating in various BitCoin scams before. https://www.coindesk.com/tag/steve-wozniak/ Video: Apple Co-Founder Loses Bitcoin Scam Ads Lawsuit Against YouTube. Steve Wozniak, co-founder of Apple, recently lost his case against YouTube involving ads for a crypto scam that used his name and image without permission. Similar scam ads us... By CoinDesk Staff Jun…

They used his name and image without permission and illegally in a scam. That's the opposite of participating.

Keep reading. That was after directly participating in at least two crypto companies himself, Efforce and Equi. So he's been both victim and perpetrator.

The fact that he had already been willingly involved in and personally endorsed multiple Crypto schemes makes it even more plausible that people would believe other scams claiming to have his endorsement.

After getting scammed out of $70k and losing a lawsuit about having his likeness used without his permission, perhaps he should be more reluctant and picky about personally endorsing other crypto scams.

When you lay down with dogs, you get up with fleas.

Re: Chief executive of collapsed crypto fund Hyperverse does not appear to exist

#26

Post by nocoiner »

The wildest part of this article is the part about the successor scam, which was touted by masked, pseudonymous representatives - and people willingly gave them their money! Boggles the mind.

There’s also an equally wild article linked in a sidebar about one of the victims who got scammed out of $30k, but then kept sending good money after bad trying to recoup her losses.

Re: Chief executive of collapsed crypto fund Hyperverse does not appear to exist

#27

Post by shadowgovt »

TheRealPomax wrote: post #20
kelseyfrog wrote: post #5

The article portrays this as a negative, but all I'm seeing is an innovative way to save on sky-high CEO cost. We've always dreamed of operating without and now we have, it seems like exactly the opposite reaction.

except for the part where the company collapsed, so just maybe there's an argument to be made that there might be problems with this approach. ...I mean besides the obvious "running a crypto fund in a landscape where knowing what you're even doing is not a barrier to entry", of course.

I've known plenty of human-run companies that have collapsed.

We clearly need more data.

Re: Chief executive of collapsed crypto fund Hyperverse does not appear to exist

#28

Post by [deleted] »

michael_j_x wrote: post #12
jrmg wrote: post #4

Earlier quoted context omitted.

It is unclear how these messages of support were obtained, but all four celebrities are available to hire through the website Cameo, which allows people to pay high-profile individuals to read out a script for them, for anything from a birthday greeting to a business marketing video. The Norris “shout out” to HyperVerse states that “under the leadership of CEO Steven, HyperVerse will be the leader of metaverse space”…

it's crazy that Wozniak would participate in such a service. Is he running out of money?

[deleted]

Re: Chief executive of collapsed crypto fund Hyperverse does not appear to exist

#29

Post by rchaud »

empath-nirvana wrote: post #3

> with video messages of support from a clutch of celebrities released on Twitter the following month They really should charge more of these celebrities for endorsing pyramid schemes.

Why? They don't make these deals directly, their agent or business managers do due diligence. And all the DD that's required is "Will my client be paid in full?"

None of these celeb endorsements include claims of financial solvency or guaranteed returns.

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