2023-5-23 20:51 |
In unfortunate news, based on the concerns raised by Jason Yanowitz (co-founder of @blockworks_) about the CryptoGPT project, several red flags exist.
One notable issue is the inconsistency in the website’s CEO/Founder’s title. Initially listed as the CEO/Founder, Jamila Jelani’s position later changed to “marketer.” Furthermore, her claim of leading growth campaigns at Alibaba raises suspicions since her LinkedIn profile was only created last month, making it difficult to verify her credentials.
The credibility of the project’s CTO, Dejan Erja, has also been questioned. Despite claiming to have worked at Ripple Net, no concrete evidence of his connection with Ripple could be found. Additionally, the lack of activity on his LinkedIn profile and the limited number of mutual connections raise doubts about his professional background.
The claims made by CryptoGPT are equally dubious. Despite launching just a few months ago, the project allegedly boasts two million users, a highly improbable figure. Moreover, the claimed valuation of $250 million appears overly inflated, especially in the current market conditions.
Lastly, perhaps one of the most concerning aspects mentioned by Yanowitz is the claim of offering 30-day fully refundable NFTs. This promise seems highly suspicious and potentially illegal, as it implies the possibility of keeping the NFT and receiving a full refund, effectively allowing users to profit without any downside risk.
Considering these various factors, potential users must exercise caution and thoroughly research the legitimacy and credibility of the CryptoGPT project before engaging with it. The numerous inconsistencies, unverifiable claims, and questionable practices raise significant doubts about its authenticity.
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Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
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