Coffeezilla Exposes AI Firm Rabbit’s Potential NFT Scam Link

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In the glimmering matrix of the virtual world, YouTube sleuth Stephen Findeisen, fondly known as Coffeezilla, has recently swung his investigation spotlight onto artificial intelligence firm Rabbit. This venture has come under scrutiny for allegedly being constructed amidst the wreckage of an audacious $6 million non-fungible token (NFT) scam which, until now, remained shrouded in shadowy secrecy.

Rabbit’s bones are identified as belonging to the colossal beast known as the GAMA NFT Project, a venture that has caught the flak for being a deceitful operation, placing another infographic blotch on Rabbit’s already stained records.

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As detailed in Coffeezilla’s online exposé, Rabbit Inc. strives to disguise its filial ties to the notorious GAMA project. More stunning revelations about the AI venture suggest that it successfully accrued more than $30 million in venture capital despite its previous incarnation as the ambiguously named Cyber Manufacture Corporation.

Just last year, the company made headlines for raising an astronomical $6 million to propel its distinctive NFT Project GAMA, an ambitious operation depicting a decentralized organization. It portrayed a captivating mission: ferrying 10,000 astronauts across the void of space to harness extraterrestrial energy. At the helm was GAMA’s founder, Jesse Lyu, a modern-day P.T. Barnum, enticing the masses with audacious claims.

Lyu painted a future where NFTs were a cornerstone, building foundations for an epoch where first-ever carbon-negative cryptocurrency would be powered by our celestial luminary, the sun. Lofty promises were made about constructing a clean energy grid fueled by NFT sales and owned by NFT purchasers. GAMA tokens would be mined using this grid’s energy.

However, despite the enticing vision, the reality turned out to be far from the dazzling dream. The highly anticipated GAMA tokens never materialized and the project seemed to dissolve into the ether.

In response to Coffeezilla’s pointed inquiries about the project’s hasty departure, GAMA’s team defended their actions, stating that the project had not been discarded but “open-sourced.” They emphasized that there had never been a concrete promise of the token, hinging on Lyu’s dissimulation that his 2021 statements were “non-final.” The team justified their stance by asserting their rights to free speech.

However, Coffeezilla noted that the allegedly “open-sourced” engine was plagued by constant failures and proved to be non-functional after he conducted exhaustive tests. Lyu’s discord messages, he pointed out, contained mentions of the project’s cryptocurrency being a scheduled part of the roadmap, outright contradicting the company’s statements.

Faced with these inconsistencies, Coffeezilla finds himself and his loyal army of viewers perplexed, pondering questions that seem to lack answers. Where was the conspicuous $6 million invested? Can the promises of Lyu’s new venture, given past deeds, be considered reliable?

Indeed, Lyu, swathed in controversy, ventured onto a new project dissociated from the volatile world of NFTs. His emergent institution, Rabbit, has thrust itself into the domain of AI technology. Rabbit achieved viral recognition in early 2024, raising an impressive $30 million in venture capital and racking up sales worth over $20 million in consumer products.

April 2024 saw Rabbit’s launch of their AI personal assistance device, the Rabbit R1 – an invention followed by a wave of criticism for not matching up to its marketed prowess. Several tech reviewers echoed the critique, calling R1 an emblem of the contemporary trend to release “unfinished” products to the market.

Founder and CTO of WeGPT, Josh Ollin, vocally denounced R1 as a scam at its announcement, repeatedly asserting that the exaggerated hype and interactions around the company seemed to be artificially inflated by bots. He went so far as to cast Lyu in the role of an “NFT grifter,” accusing him of fraudulent practices such as fake engagement, bot followers, a phony tech stack, and overpriced vaporware. Coffeezilla similarly expressed his reservations about Rabbit.

Echoing the past, Lyu’s current venture shares conspicuous patterns with GAMA – both projects appear to be veiled in excessive hype and unfulfilled promises. This alarming trend has led Coffeezilla to underscore the necessity for consumers to recognize Rabbit’s ill-fated past association with the GAMA NFT Project. He maintains that Rabbit’s history of forsaking investors, as is evident with GAMA NFT, is of paramount importance.

In the sprawling landscape of cryptocurrency valued at $2.51 trillion, fraudulent ventures like these threaten to destabilize the market. The ongoing saga of Rabbit serves as a compelling reminder of the need for vigilance and accountability in the crypto world.