The NFT space is a unique and collaborative community, where like-minded people can learn and exchange great ideas with regards to the Web3 future. But then there lie the scammers, waiting to pounce on every opportunity they get. This Web3 scammer managed to grow his Twitter account by organizing ‘fake’ events that promise WL spots and giveaways to followers. All this while using a copied Bored Ape as their Twitter PFP.
A few days ago, a Twitter user, @MichaelKdcl, realized that his Bored Ape was being displayed as a PFP on an account with more than 130k followers. The scammer, @favewyd, has more than 300k combined followers across all social media accounts. They have daily giveaways and NFT drops, raking in a ton of followers into their devious net. To put this into perspective, the strategy grew their account by 100k in less than 2 weeks.
The Web Unravels
According to @MichaelKdcl, the Web3 scammer not only copied his Bored Ape, they even created a fake collection on OpenSea and verified the collection with Twitter. He then confronted the scammer and demanded a public apology on their Twitter account. At the time of writing, the scammer has already changed the PFP and issued a public apology.
After the incident was resolved, @MichaelKdcl expressed his concerns regarding the current state of the NFT space. Many people genuinely enter the space to learn and join this awesome community. Sadly, too many malicious parties are hunting them down like dogs. In general, giveaways and freebies should always be taken with a grain of salt, regardless of who it comes from.
On another note, Twitter’s NFT PFP verification makes spotting fakes a lot easier now.