police

High-risk project alert: @farlegacy just launched a token $SHARD , and the dev quickly sold after launch, cashing out over $30K.

They seem like a very experienced team, building a card miniapp around Base memecoins, driving viral growth through referral link sharing, and previously attempting to sell NFTs. Now they’ve issued a token to pull people in and then quickly rug. 

Looking closely, the scam was obvious from the start. Always stay alert in crypto!

brypto

average crypto mf: "I can't believe they just invented free lunches and they're gonna give one to ME!!"

surest sign of a scam lately is a slick app that appears fully formed out of nowhere promising you free money. don't let them run this rug playbook.

surest sign of a scam lately is a slick app that appears fully formed out of nowhere promising you free money. don't let them run this rug playbook.

https://farcaster.xyz/horsefacts.eth/0xf9c1f65c

Whatever your decentralized, borderless, neutral, censorship-resistant open blockchain question is, the answer is YES… to Crypto!

Yes2

Wrapped liquid staked Ether 2.0

🚩 created by a brand account with zero history 
🚩 slick but shallow website
🚩🚩 "mining" for anything
🚩🚩 appropriating fc native brands
🚩🚩 "we built a cool game but you can't see it"
🚩🚩🚩  nobody's ever met the team 
🚩🚩🚩 pay us now and you might get something later

have said it before but the social layer needs to police this and build immunity against this behavior. Farcaster cannot simply "ban scammers"

Building a little space at /thenextwave and watching everything on /videolab.

100% agree with this but i truly have no idea how we can do it without bullying new users who don’t know it’s a scam, @patriciaxlee.eth would love your thoughts here re education

Starting to think there should be a pseudonymous account here similar to the guy on TikTok who makes videos with giant red and green flags. But instead of relationship advice it’s about recognizing scams on a decentralized social network.

Until then, we have @horsefacts.eth.

https://farcaster.xyz/patriciaxlee.eth/0xdad895f6

This is not the thoughts to be shared later, but a not-joking-joke to get people to look at the quoted cast:

Just had a great conversation earlier with Farcaster’s IRL this morning on this very topic! Will share some thoughts later and recast in the meantime.