sean goedecke

Cryptocurrency promoters are targeting open-source AI developers through a new airdropping tactic using the Bags platform. The scheme involves creating memecoins tied to developers' projects (like $RALPH and $GAS) without their consent, accumulating nominal market cap, then offering developers accumulated fees as "community support." The coins have no technical connection to the actual open-source projects they reference. This predatory practice exploits developers' status as community figures while misleading supporters who believe they're funding open-source work, when most profits go to insider traders who can sell into the hype.

Crypto grifters are recruiting open-source AI developers

<p>Its amazing what grifters can figure out just to not engage in a decent job.</p>
