DISCORD

noamek

I used to support Yat back in the day, but not anymore. **How do you still have the audacity to grift people after shafting your OG community the way you did?** https://imgur.com/a/sE00DRt I remember Naveen going on an interview spree bragging how much money they made with Yats: "*Celebrities are buying into emoji-identifiers called Yats — and the creator has raked in $20 million*" and other similar articles from businessinsider, techcrunch, cointelegraph, etc “*In its “generation zero” phase (an open beta), Yat claims to have sold almost $20 million worth of emoji identities.*” \~Naveen Jain & Tech Crunch (July 30, 2021) **ICYMI -> Yat abandoned their community -> no roadmap, no ETA, copy pasting the same message re; lack of development for the past 2 years** Yat Fantasy Game - the newest partner/sponsorship magnet they focused their development on, abandoning all previous product development on Yat, as well as all the promises they made over the past 2 years to their investors and paid users. **I guess grifting companies is more profitable than grifting your community, eh?** The game can't even break 300 players, any number higher than that is botted if you look at the player names - but Naveen bragged about 1700 users lmao Nobody wants to play that crap, especially nobody from the OG community that was left hanging with nothing. Nobody wants to support your newest grift targeted towards that sweet partnership money, even if there are some prizes involved. Let's take a closer look: The 20m in Yat sales (as of July 2021 techcrunch article) But before the actual launch happened, there was a “Yat Destiny“ Auction. **This presale yielded them almost 2 Million USD ($1.840.665) just from the auction of the 18 Yats.** There were also additional “Yat Artifacts“ sales during that time. In total, since 2021, Yat Labs sold numerous promises on their products but hasn’t delivered a single functional thing. Yat: 446 ETH secondary sales (3.5% royalty that goes to Yat Labs) Yat Gems: 182 ETH secondary sales (6.9% royalty that goes to Yat Labs) Additionally, Yat Labs has partnered with 888 to release a partnered NFT with a LOT of promised utility -none of which was delivered. I’d like to note that the ‘888‘ projects - have a streak of being not-delivered cash-grabs. The one project related to Yat - are the ‘Inner Circle Realm‘ NFTs - for which both sides dropped from their responsibility to deliver what they promised. **The number of Yat Realms sold - 1506 items sold for $421.680 (!!!)** (They were planning 8888 items - each .0888 eth) The promised utility can be found via the Internet Archive page of 888innercircle. Since the release, the only thing that was delivered? A DISCORD SPARKLE ROLE! For around 300$ you got a freaking DISCORD SPARKLE ROLE?! **They got 400k to set up a discord role and swept it under the rug...** (Oh yeah, and the main Yat server turned into a trashcan of spam after the OG community and moderators left. So basically you get nothing lol) That’s been going on for the past 2 years... ***Customizable pages? Web3 identity functionality? Artifacts? Magic Mirror? Project Stockholm? CloudMetropolis? Tari integration? A roadmap? Some communication re: development that’s not copypasted from2 years ago?*** Anything at all? Nope! ***Promise, cash out, never deliver, let people forget, promise, cashout, never deliver, let people forget. Rinse and repeat.*** Yat has been gaining MILLIONS of dollars from their VC backing, from their users, from their cashgrab 888partnerships - yet all the users got were empty promises and a product that’s not working as what they market it as. And then it got abandoned because they pivoted to a new Yat Fantasy cashgrab lure that targets partners and sponsorships in the crypto space. Getting more ambitious in their schemes! Where did the Yat money go? Definitely not into development... Some additional math: Yat twitter - 22.8k users Yat discord - 110k (down from 150k+) Yat users on-chain - 7545 in the main collection + the amount of non-crypto users that never minted their Yats And yet they are struggling to get even 300 people after giving away prizes, I wonder why? Beware of grifters!