GSPartners launches Lydian Lions clipart NFTs
GSPartners’ latest ruse to get people interested in their Lydian World Ponzi ecosystem is a clipart NFT collection.
Named “Lydian Lion”, the collection is typical of low-effort NFT cash-grabs:
Such collections start off with a base template, which in this case is a depiction of a standing lion with a slight lean to the right.
Next you create a bunch of variable layers. These are typically accessories, facial expressions, hairstyles, facial features etc.
Input these into a bot, set the color pallete and congratulations, you just created an “exclusive” NFT collection.
If you’re particularly greedy, you can run the images through a mirror algorithm and create two “exclusive” NFT collections.
GSPartners’ Lydian Lions is one such “exclusive” collection. Even with in the lion NFT niche, there are a bunch of these low-effort scams competing.
Lydian Lion’s marketing hook is that it’s attached to GSPartners.
GSPartners affiliates hand over bitcoin, ethereum, tether or G999 to mint (create) a Lydian Lion NFT.
This is a fancy way of saying GSPartners affiliates pay owner Josip Heit cryptocurrency, or burn G999, in exchange for pre-generated clipart.
That “NFT” itself is a link to the pre-generated Lydian Lion clipart, presumably pointing to a copy of the clipart hosted on a GSPartners domain.
In addition to the clipart itself being practically worthless, when GSPartners eventually collapses and whatever domain the NFT link points to is disabled, the NFT itself becomes worthless.
That’s a future problem. Right now it’s just hype something something buy our NFTs please.
While there were some legitimate early ~March/April 2021 NFT sales, today “open” NFTs are used for money laundering. Not dissimilar to what happens in the tangible art world.
You create/obtain some random NFT, “sell” it to someone for an obscene amount of money and, at least on the surface, you appear to have participated in a legitimate transaction.
The other thing you’ll see is wash trading. That is NFT’s being traded in a coordinated manner to drive their price up.
Once an NFT has a suitably inflated transaction history, it’s then offloaded onto a gullible sap. Said sap hopes to sell the NFT to someone else for even more.
Depending on the current supply of gullible saps, this might happen. Or they’re left holding an otherwise worthless NFT (this is the typical outcome).
A variation of this scam sees insiders trade an NFT back and forth, and then sell it to someone at a “discount”. The play is otherwise the same.
With GSPartners all of this is of course possible. Due to the closed nature of the collection however (Lydian Lions are tied to GSPartners), manipulation is less likely.
This is bad news for GSPartners affiliates, who thus don’t even get the illusion of desirability.
Lydian Lions are being sold to GSPartners affiliates for between 28 to 888 USDT each (and equivalents in supported cryptocurrencies).
GSPartners marketing presentations that appeared in late November have urged affiliates to purchase Lydian Lions with G999.
This, the various presenters claim, will drive up G999 price because spent G999 is burned (taken out of circulation).
Over the past month that hasn’t really worked out:
It’s worth pointing out G999’s public value chart is anything but organic. G999’s value stays within an artificial specified range, up and down, up and down.
This is a good indication of manipulation.
In related news, GSPartners has recently introduced a monthly affiliate membership fee.
When BehindMLM reviewed GSPartners in February 2021, affiliate membership was $99 annually plus G999 investment.
Today GSPartners affiliate membership costs $33 a month, paid in USDT. Annually, this represents a 400% increase.
Oddly enough, GSPartners don’t accept G999 for affiliate membership fees.