Rapper Waka Flocka Flame found himself on the receiving end of an OpenSea NFT scam yesterday, only a few days after openly asking his Twitter fanbase for their NFT projects and showing interest in the cryptocurrency space. Many took the moment to rain on Waka's already ruined parade, criticizing the rapper for his involvement in the crypto and NFT scene.
Show me your favorite NFT projects. 👇
— Waka Flocka (@WakaFlocka) December 21, 2021
— Waka Flocka (@WakaFlocka) December 19, 2021
— Waka Flocka (@WakaFlocka) December 28, 2021
Reap what you sow. We told you guys that NFTs are a scam. Should have just commissioned an artist to make you some actually good art. With that money you “had” you probably could have got Alex Ross to make you something. Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha
— RedwolfBLM (@thedarkredwolf) December 28, 2021
sorry to hear this, mr. flame. your money would have been safer with me.
— beth (@bethbourdon) December 28, 2021
As for how this type of thing could happen, what allegedly occurred was that Waka was "airdropped," which means automatically given booby-trapped NFTs, and when he interacted with the NFT in his attempt to delete it, the smart contract activated, meaning his money would be forfeit to the person who sent the NFT.
This method can be compared to a phishing email that automatically transfers money out of your account when you click the suspicious link. The danger presented with this type of stunt being possible was not lost on some spectators, who were quick to denounce crypto altogether because of this possibility. It also caused some to point out that, due to crypto's lack of regulation, this is something that is possible and may lead to calls for regulation of the space.
What an amazing currency that everyone should own where clicking delete costs you 10s of thousands of dollars
— Candace Owned (@WithNoE) December 28, 2021
Stole it back for you pic.twitter.com/lyjLoUWlg7
— ⓘ This claim has been disputed. 🌹 (@BadTakeEnjoyer) December 28, 2021
bet you want regulations now, huh?
— festive cheerwine 🎆 (@cheer_wine) December 28, 2021