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ProofLOL
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ProofLOL
@LOL_proof
Founder CFOP | Investor | Supplier of crazy gamers for your Web3 games | And just an alpha male!
Katılım Kasım 2023
527 Takip Edilen1K Takipçiler
ProofLOL@LOL_proof
I can't stay silent about $RIP . @stockripx I consider it a scam, and here's why. It's a direct copy of the ethereum:0xa0df17b5ac76ababa36e1450e2cbcd18a620c845 project I wrote about earlier. The only real difference is the branding. Instead of NFTs, they're now calling them "RWA assets." Here's what happened on-chain. A group of wallets started interacting with the protocol roughly five hours before StockRip even made its first public announcement. At the time, the token was sitting around a $50K market cap. Meanwhile, everyone else didn't even know the project existed. Timeline: • Jul 27 - 15:37:58 UTC - first successful acquire • 15:38:07 UTC - acquireBatch • 15:39:21 UTC - acquisition results processed • 15:40:16 UTC - first acceptBidAsTokens • 15:40:17 UTC - another wallet immediately follows The project's first public announcement wasn't posted until 22:02 UTC. So while everyone else was learning that $RIP even existed, a group of wallets had already been interacting with the protocol for hours. Do your own research. Don't become someone else's exit liquidity. 0xe4b8723d202fdd0298b1d7496a86656b2986c532 - token adress
QME
This is what happens when founders believe they're smarter than everyone else and give insiders an unfair advantage.
$RIP is living up to its name. It's actually RIP. @stockripx
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So you really think this project and that one are something new? x.com/LOL_proof/stat…
x.com/LOL_proof/stat…
They're just another round of Ponzi-like schemes.
In one of them, the founder first claimed that insiders were accumulating cheap tokens because they were "testing" the protocol. Later, the story changed—they were suddenly just "smart traders."
As for ethereum:0xa0df17b5ac76ababa36e1450e2cbcd18a620c845 , it simply lasted as long as it was always going to.
There's nowhere near enough liquidity in the market for projects like these to go to the moon anymore. It's just not realistic.
ProofLOL@LOL_proof
I can't stay silent about $RIP . @stockripx I consider it a scam, and here's why. It's a direct copy of the ethereum:0xa0df17b5ac76ababa36e1450e2cbcd18a620c845 project I wrote about earlier. The only real difference is the branding. Instead of NFTs, they're now calling them "RWA assets." Here's what happened on-chain. A group of wallets started interacting with the protocol roughly five hours before StockRip even made its first public announcement. At the time, the token was sitting around a $50K market cap. Meanwhile, everyone else didn't even know the project existed. Timeline: • Jul 27 - 15:37:58 UTC - first successful acquire • 15:38:07 UTC - acquireBatch • 15:39:21 UTC - acquisition results processed • 15:40:16 UTC - first acceptBidAsTokens • 15:40:17 UTC - another wallet immediately follows The project's first public announcement wasn't posted until 22:02 UTC. So while everyone else was learning that $RIP even existed, a group of wallets had already been interacting with the protocol for hours. Do your own research. Don't become someone else's exit liquidity. 0xe4b8723d202fdd0298b1d7496a86656b2986c532 - token adress
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if u try to make something new onchain in 2026 they just kill you
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I can't stay silent about $RIP . @stockripx
I consider it a scam, and here's why.
It's a direct copy of the ethereum:0xa0df17b5ac76ababa36e1450e2cbcd18a620c845 project I wrote about earlier.
The only real difference is the branding. Instead of NFTs, they're now calling them "RWA assets."
Here's what happened on-chain.
A group of wallets started interacting with the protocol roughly five hours before StockRip even made its first public announcement. At the time, the token was sitting around a $50K market cap.
Meanwhile, everyone else didn't even know the project existed.
Timeline:
• Jul 27 - 15:37:58 UTC - first successful acquire
• 15:38:07 UTC - acquireBatch
• 15:39:21 UTC - acquisition results processed
• 15:40:16 UTC - first acceptBidAsTokens
• 15:40:17 UTC - another wallet immediately follows
The project's first public announcement wasn't posted until 22:02 UTC.
So while everyone else was learning that $RIP even existed, a group of wallets had already been interacting with the protocol for hours.
Do your own research.
Don't become someone else's exit liquidity.
0xe4b8723d202fdd0298b1d7496a86656b2986c532 - token adress
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@MoonDawg_69 @gami_vc @stockripx Of course I tried it, and the interactions worked just fine.
The only thing that made me walk away from the project was seeing insiders holding massive amounts of tokens.
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@LOL_proof @gami_vc @stockripx I don't know if you tried using it but it was buggy as hell. I managed to rip a few packs but a lot got stuck and my eth was not returning. I had to execute on the contract outside of the website.
Why would you announce the website on socials when you know all these issues
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I'm not disputing that.
My point is that the protocol launched quietly and wasn't publicly announced until 5–6 hours later.
If you're building a product where the earliest users have a massive advantage, it shouldn't be launched in stealth.
What's even more confusing is that you keep changing the explanation. First, those early interactions were supposedly "testers." Now they're "smart traders" monitoring the blockchain.
By that logic, would you also call people who profit from insider information or outcome-based insider betting "smart traders"? Or is it simply that they had an unfair informational advantage?
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@LOL_proof @gami_vc @stockripx This happens with literally every dapp. People find the contract and start buying. Even more the case now when agents can do it without human intervention.
It's not a scam, it's just one of those things in crypto now.
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@gami_vc @stockripx First they were testers. Now they're "serious traders."
I think you're starting to contradict yourself.
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@LOL_proof @stockripx was open to the public. serious traders monitor the blockchain, where financial activity takes place. not social media
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Maybe you think it's perfectly normal for a group of users to know about the launch in advance, test the project from day one-as you put it-accumulate tokens at extremely low prices, and then sell them for massive profits to users who only arrived after the public announcement.
I don't think that's right.
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@apurvajain24 @gami_vc @stockripx You don't just buy the token.
Instead, you go to their website, buy a ticket, and get assigned a random stock position. Depending on the outcome, it's either up or down. After that, you can redeem its value in either the project's token or ETH.
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@pl4nee @stockripx No problem, my friend. Just remember to do your own research.
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@LOL_proof @stockripx Thanks for letting me know
Insider trading is always wrong
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@JohnSiderides @stockripx Have you seriously never heard of testnets, transaction simulation, or similar tools?
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@LOL_proof @stockripx Did my own research. Early testers took risk with a new platform
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I'm not questioning the project itself.
The only reason I believe you acted unfairly is that the protocol went live long before the public was told about it.
More importantly, interactions with the contract started almost immediately after launch, which strongly suggests there were people close to the project who knew the exact launch time in advance.
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@LOL_proof @stockripx actually every NFT is an ERC6551 token bound account that you can only create by depositing supported tokenised stocks
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@0xSAPIENS @stockripx I like doing my own research.
I'm not saying anything beyond what the data shows.
My only conclusion is that there were insiders
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