Post
Topic
Board Altcoin Discussion
Re: Learn from my mistake, these people aren't playing
by
Jackl87
on 11/01/2023, 12:13:07 UTC
There is a AI project on coinmarketcap named OpenAI ERC token, I thought this token has something to do with OpenAI but I went ahead and bought some, later I started becoming curious and decide to do more digging.
I found out that the real OpenAI has nothing to do with OpenAI ERC token, in fact it's a scam project trying to take advantage of AI success this year, the LOGO is the same, this was why I fell for the shit token.

Well first of all thank for the heads up OP. I also have to say though, that you should have done it the other way around obviously. You should have done your research before you bought those coins and not afterwards and you should do it this way all the time before you invest into anything. That being said it seems like you still made a pretty good purchase as the price is up 170% in the last 24 hours so you could have make a nice profit if you sell now.
I am surprised how many naive investors are out there in the crypto world. The volume of that scam token is also up more than 1200%, which means there are probably hundreds of people that bought this coins without even checking who is behind it.