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

theguardian.com

11–20 of 88 posts

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

#12
post #4

> 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.

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?

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

#13
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?

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

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

#14
post #4

> 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.

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.

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

#15

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.

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

#16
post #13

Earlier quoted context omitted.

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

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?

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

#17
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?

I think some just like making themselves available, but then you see a lot of the ones listed on Cameo that looks "cheap" at ~$100 or so are videos of an average length <2m. If you can make $100 whenever you're bored and have 2 minutes or can sit down and churn out 20 in less than an hour for $2k, you might be tempted even if you have decent amounts of money.

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

#18

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.

I know a lot of companies that could really tighten up their operations and balance sheet by adopting this strategy.

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

#19
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?

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 3, 2021

Markets: Apple Co-Founder Steve Wozniak Loses Case Against YouTube Involving Bitcoin Scam. A California superior court judge ruled the social media giant was not responsible for its users' content. By Sebastian Sinclair Jun 3, 2021

Finance: Apple Co-Founder Wozniak’s New Venture Lists Token to Help Fund Energy Efficiency Projects. Apple co-founder Steve Wozniak has launched Efforce, a company that facilitates investments in energy efficiency projects via cryptocurrency and blockchain technology. By David Pan Dec 5, 2020

Markets: Apple Co-Founder Steve Wozniak Sues YouTube Over Bitcoin Giveaway Scams. Wozniak is among 18 plaintiffs suing the video-sharing giant for allowing crypto giveaway scams using his likeness to flourish on the platform. By Sandali Handagama Jul 23, 2020

Markets: Steve Wozniak Has Joined an Energy-Focused Blockchain Startup in Malta. The Apple co-founder has joined his second blockchain enterprise, one targeting more efficient use of energy. By Daniel Palmer Jul 19, 2019

Markets: Apple Co-Founder Steve Wozniak Joins Crypto Startup Equi: Report. Apple co-founder Steve Wozniak said Tuesday that he's now working with investment-focused crypto startup Equi, though his role is as yet unclear. By Nikhilesh De Aug 21, 2018

Markets: Tech Legend Steve Wozniak Scammed Out of $70K in Bitcoin. Apple co-founder Steve Wozniak says he once lost seven bitcoin, worth more than $71,000 today, to a ruse involving a stolen credit card number. By Annaliese Milano Feb 27, 2018

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

#20

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.

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