Don't get mad, get even, as the old saying goes.
A group of people took that approach when they were tricked. They decided to band together and make things right instead of walking away.
Thousands were swindled into purchasing Cool Kittens. Slate reports that the developers promised a variety of perks, including a token of a cartoon cat and membership in the Cool Kittens DAO.
The creators gave away items and donations to cat shelters. None of that happened. Slate's detailed timelines show that the group disappeared after they sold 2,216 Cool Kitten NFTs and deleted the group's chat room.
Some of the Cool Kitten owners didn't take this lying down in the sun.
The group's members were encouraged to sell their NFTs at higher prices by the bots in the chat room, which is a clear sign of a scam. A group of other users were assembled to fight back.
They hired a developer to get the addresses of those who bought Cool Kittens. They hired an NFT artist to design more than 2,000 digital artwork for the project.
In order to delist the scam NFTs, the team contacted the Magic Eden marketplace. The profits from the sale of the Kitten Coup NFTs would not go to the hoaxers.
They told Slate that they ponied up more than $7,000 to make things right for everyone who was cheated. The kittens are called "revolution-ready kittens" because they successfully reversed the rug.
This story ended up fairly well for this group due to the determination and generosity of its users, but the fact remains that the technology is very volatile and easy to exploit.
It doesn't mean that you can't have a little revenge, even if it's a scam.
The first came the kitten NFT scam. Revenge came next. Slate
NFT Man Sues for $1 million after his precious ape is stolen.
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