Buzz
In the midst of the virtual currency and NFT gaming surge, users need to equip themselves with essential knowledge.
In recent days, the drama between Khoa Pug and Johnny Đặng has captured significant attention in the online community. The story's origin seems quite complex, with both parties engaging in accusations of deception, manipulation, and a lack of integrity. However, it seems that everything may have originated when Johnny Đặng introduced a virtual coin named DBZ. Through the unfolding saga between Khoa Pug and Johnny Đặng, many might gradually recognize the potential dangers within the current wave of virtual currency and NFT games.
Many virtual currencies and NFT game projects attempt to artificially inflate prices, attracting newcomers
Despite Khoa Pug's repeated assurances that he never intended to manipulate prices for Johnny Đặng, it's clear that his initial agreement to create content and promote this coin would attract significant attention. Subsequently, Johnny Đặng himself released a private chat conversation involving the three individuals, including a segment discussing efforts to push the value of the precious metal tycoon's coin to a certain price. Of course, that is a plan, and the specific means of 'pushing' will not be discussed in this article.
Not only virtual currencies, but also many NFT game projects recently face the issue of 'price pumping.' Essentially, these projects attempt to portray a bright future and then use their own methods to significantly increase the value of the in-game virtual currency far beyond its actual worth. This easily induces the FOMO (fear of missing out) mentality among investors and gamers alike. The subsequent losses, it seems, primarily affect the gamers.
The surge of NFT game projects also entails numerous dangers
It's undeniable that NFT game trends are currently becoming increasingly popular. However, this boom sometimes conceals countless dangers.
Most notably, the proliferation of NFT game projects nowadays doesn't guarantee quality assurance. In fact, some projects are 'crafted' with the sole purpose of inflating prices, benefiting the issuer through the aforementioned tactics. Remember, the benefits of gamers in playing NFT games primarily stem from the value of virtual currencies. And the value of these virtual currencies depends heavily on the actions of the game publishers. Therefore, in this game, the majority of gamers will remain in a passive position.
