In a bizarre turn of events, crypto influencer Pauly0x has managed to raise almost $1.5 million from his own community by offering absolutely nothing in return.
With no apparent marketing strategy, thousands of transactions have been confirmed by his Twitter followers, leading to a significant balance in his wallet.
While the reasons behind this unexpected success remain unclear, it seems that some users expected a reward or a new token called “NOTHING” in exchange for their donations.
This unusual story raises questions about the intentions behind Pauly0x’s actions and whether they were intended as a playful mockery or a mega troll.
Pauly0x’s Background and Unorthodox Approach:
Pauly0x, the founder of “NotLarvaLabs” and a well-known crypto influencer with a Twitter following of 85 thousand, gained attention recently when he purchased the domain “yougetnothing.eth.”
He then invited his community to send him ETH and other cryptocurrencies with the promise of no return. Surprisingly, within just a few minutes, approximately $70 worth of ETH flooded into his wallet, and within two days, the balance skyrocketed to over $1 million.
While some community members may have sent funds as a gesture of gratitude, it is unclear why such a substantial amount was raised.
Speculation and Confusion in the Crypto Community:
Pauly0x’s provocative tweets, hinting at potential snapshots and airdrop-style rewards, further fueled speculation among his followers.
The use of the word “NOTHING” in various contexts confused crypto enthusiasts, leaving them uncertain about whether they would receive a token called “nothing” or simply nothing at all.
The influencer’s Twitter feed, titled “NOTHING,” added to the mystery as it consisted of complete silence. Furthermore, Pauly0x recently shared the website yougetnothing.com, featuring a “claim” button and a counter displaying the value of the assets in his wallet.
A Possible Dig at Bitboy and a Complex Situation:
The request for funds through the “yougetnothing.eth” domain might be a playful dig at another crypto influencer, Ben Armstrong, also known as Bitboy.
Bitboy faced controversy after raising over $20 million for three memecoin projects using the “ben.eth” domain. However, he distanced himself from the domain, claiming it belonged to someone else involved in the development of the projects.
Pauly0x’s actions could be seen as a parody of Bitboy’s behavior, suggesting that sending crypto to the address would result in receiving nothing, similar to Bitboy’s campaign.
A Multimillion-Dollar Result:
Despite the intentions behind Pauly0x’s actions, the “yougetnothing.eth” address currently holds 781.3 ETH along with other tokens, totaling a value of $1.47 million.
Whether this situation was a joke, a mega troll, or a more complex scheme, Pauly0x has undeniably gained a significant fortune from it.
Regulatory Intervention: It remains to be seen whether market supervisors and financial crime authorities will intervene and impose sanctions on Pauly0x and Bitboy for their respective actions.
The intricate nature of this situation, combined with the substantial amount of money involved, may prompt regulatory bodies to examine the circumstances closely.