News Explorer — GREED Token Was Just a Scam Spotting Experiment

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May 15, 5:09 pm

Coindesk

GREED Token Was Just a Scam Spotting Experiment

A social experiment called GREED has taught crypto traders a lesson about internet security, morality and sensibility. The creator of the experiment, Ivor Ivosevic, wanted to show the dark side of crypto trading, and the result was a viral tweet that attracted thousands of followers and offers of seven-figure sums for a nonexistent token. Despite the hype, the token was designed to be bot-proof and free, and the airdrop included a warning to others.

A social experiment called GREED has taught crypto traders a lesson about internet security, morality and sensibility. The creator of the experiment, Ivor Ivosevic, wanted to show the dark side of crypto trading, and the result was a viral tweet that attracted thousands of followers and offers of seven-figure sums for a nonexistent token. Despite the hype, the token was designed to be bot-proof and free, and the airdrop included a warning to others.

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