- Shiba Inu lead developer warns against scammers promoting fake Shiba Inu tokens.
- Shibarium Scam Alerts confirm counterfeit SHI and TREAT tokens, sharing evidence.
- Lord Gaudy claims Shibarium mainnet launched on July 6 and promises investor returns.
Earlier today, Shiba Inu lead developer pseudonymous Shytoshi Kusama warns the Twitter crypto community against scammers promoting fake Treat and Shi ecosystem tokens, citing that they are not yet released.
Shibarium Scam Alerts, Shiba Inu‘s scam tracking platform, verified the existence of counterfeit SHI and TREAT tokens, today. Furthermore, Shibarium Scam Alert shared evidence of the scammer’s Twitter promotion via screenshot.
Twitter user Lord Gaudy tweeted contract addresses for fake SHI and TREAT tokens, claiming that the Shibarium mainnet will launch on July 6, 2023.
Additionally, the Twitter account, created on July 10, promised substantial returns to investors who purchase SHI and TREAT before the mainnet launch. He further mentioned a burn mechanism of 0.25% for TREAT and a 2% burn tax for SHI.
Lord Gaudy even posted a screenshot of a Telegram message highlighting Kusama’s multiple attempts to disrupt Lord Gaudy’s persistent scam activities. The caption further boasted “I CONTROL #SHIBARIUM TELEGRAM.”
Apart from the scammer warning, Kusama also announced the release of Shiba Inu’s Authenticated Collectibles titled Shibacals.
The article highlights that the Shibacals feature an NFC-based authentication layer, which differs from eBay and potentially Amazon’s NFT entry. According to the blog post, the Shibcals’ approach to NFC chips could open diverse possibilities for businesses and creators, establishing an industry first.
Furthermore, Shibacals allows to create tags that link tangible goods, such as T-shirts, to a user’s NFT collection. Therefore, the ownership of the T-shirt and the corresponding NFT are both verified by this authentication process. Buyers can subsequently confirm these tagged objects’ authenticity on the blockchain when they are resold, allowing them to be distinguished from fake goods.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
