@0xtheweb3nerd
just in case you only just came online and you're wondering what the whole CA talk on the castline (can someone please tell me what FC calls TL đ
) is about, hereâs the quick rundown đ
a few hours ago, @dwr put out a cast with the word âCAâ and an address in it. to anyone who saw it, it looked like the man himself had decided to drop a token, and naturally, people werenât going to miss out.
what 99% didnât realize was that the address wasnât a token address at all - it was just a regular wallet address.
@dwr was trying to pull a prank.
the idea was basically that anyone who tried searching the address to trade would find nothing, because again, it was a wallet address, not a token.
unfortunately @dwr didnât take into account that someone would actually take that wallet address and turn it into a token ticker.
as a result, when people searched for the token, the scam token popped up. once it did, the buying began.
@dwr was notified about what was happening, and he put out a statement saying he wasnât behind the token.
as soon as that came out, it immediately turned into a race to sell, and people began tanking the chat.
and that was pretty much the whole thing.
iâve seen a couple of discussions on the whole saga, and imo (take it or leave it), the fault lies with:
(i) those who bought in and
(ii) dwr.
(i)
a good chunk of people on here have been in the space for a while, they didn't get in straight from web2.
a post like that shouldâve had most doing basic checks - was dwr hacked? is the token legit?
i get that no one wanted to miss a potential token launch from the man himself, but at the end of the day, most didnât do any due diligence before aping in.
(ii)
i donât think dwr handled the backlash well.
prank aside, he shouldâve owned up to the mistake and apologized - most people wouldâve let it go.
insisting instead, that he âdidnât tell people to buyâ and that it was âtheir decisionâ wasnât (imo) the best response to people (who are his users btw) who just lost a couple bands.
that said, i think we all have learned 2 valuable lessons:
1. to be more careful with the things we post (this applies even more to influencers on here -- kinda reminds of what @zen said about fame and influence)
2. to to always do your own research on things you see on here - (it doesn't matter if it's a miniapp or token or NFT mint, try to do some research first).
p.s. whilst I mentioned that the chart is decent now, I know there are still some who got burnt on this one. if you're one of them, wishing luck on your next play đ¤
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