As in Squid Game, the winner is only one. And in this case he is undoubtedly a scammer. We are talking about “Squid” the cryptocurrency born after the success of the Korean series. What happened is peculiar, but perhaps not entirely surprising.
In practice, after the success of Squid Game, which saw 142 million families see it, increase the number of subscribers by 4.4 million and make Netflix almost a billion dollars, some people have decided to create its own coin too. virtual, which soon turned out to be a scam.
Basically, the creators, taking advantage of the trend and fashion of the moment, waited to accumulate a substantial capital and then in a few moments they disappeared leaving investors empty-handed.
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The “Squid” project was therefore closed. According to some rumors, it seems that the scammers made about two million dollars disappear as soon as the virtual currency had reached a value of 2,861 dollars, with a market cap of 2.1 million dollars. But suddenly the value dropped to $ 0.003. “Betting on the right currency can lead to dizzying riches,” Antoni Trenchev, co-founder of Nexo, told Bloomberg. “The problem is that what goes up in a straight line tends to shrink in a similar way,” he added.
At the launch of the cryptocurrency, players had created an online version of the program that needed the “Squid” coin to play. Basically, “Squid” is known as a “play-to-earn” cryptocurrency: people buy tokens to play online games in order to earn more tokens. “The more people sign up, the bigger the prize pool will be” so they tried to incentivize the purchase, too bad that no investor has earned it.
Korea, what a passion, a love from a film that comes from afar
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Not even Hwang Dong-hyuk, the screenwriter and director of the series, got rich: «I had enough money to put food on the table. I was paid according to the original contract, I didn’t get any bonuses from Netflix ».