How You Can Make Millions by Selling NFTs (spoiler: you need low moral standards)
Iulian Lesanu • June 13, 2022
Lana Rhoades and Jake Paul are two of the many who give selling NFTs a bad name. It’s easy to see why so many think of schemes and scams when they hear about NFTs or cryptocurrency. Creators like Rhoades and Paul are the reason it’s easy for people to assume that the only way to make good money by selling NFTs is by ripping people off via rug pulls or pump and dump schemes.
What kind of NFT schemes are there?
There are more than a few types of NFT schemes out there. However, there are a few that are more common than others. A popular one is phishing, and a high profile example of this is when a Chinese University student lost $548,000. The student had clicked a link that gave hackers access to that individual’s data and personal information, leading to NFTs being stolen from the student.
Jake Paul and Lana Rhoades were both involved in a rug pull NFT scheme, which involves telling people about a project, starting the development process, and, after individuals have invested in it, abruptly shutting the project down. Millions of dollars have been lost by investors, and in Rhoades’ case, she hasn’t returned any money and has avoided speaking out much about it. Neither have issued an apology to those who were involved.
Why do NFTs attract bad people?
NFTs operate on blockchain technology, which emphasizes transparency, integrity, and being responsible and in control of your own finances. It offers those who are interested in investing a way to do so without having to get a financial advisor involved. So what about this attracts the wrong crowd?
NFTs and blockchain offer the allure of financial freedom and making it big with investments. Both are possible, but it also involves investing at the right time and luck. Preying on people’s dreams and efforts to make money has always been attractive to a certain crowd, and this is just the newest way to do so.
That, however, doesn’t mean that NFTs themselves are bad. NFTs are, objectively, simply an investment option that are available to anyone and everyone. Anybody can mint them, anybody can buy them, and anybody can sell them.
How do we avoid the scams and schemes?
The best way to avoid scams and schemes is to simply create your own NFT collection. Why not become the antithesis of the horrors we see in the cryptoworld today? What better way to improve the reputation of NFTs than by creating an improved product yourself?
Many may think that it’s impossible for them to create NFTs due to an inherent lack of skill or knowledge, but that’s not true. Projects like Forkchain allow anyone to create their own NFT collection without any prior experience. It’s similar to how Wordpress allows individuals to create their own websites without any coding or web design experience.
Forkchain offers everyday people everyday solutions to creating their own NFTs and, therefore, another stream of income that can be earned honestly and with integrity.
Company Website:
https://forkchain.io/
Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.
Today marks the official launch of CryptoPropTrader.com , a pioneering platform dedicated to providing cryptocurrency traders with a transparent, user-centric hub for comparing proprietary (prop) trading firms. The website addresses a critical need in the market for a single, reliable source of information, featuring expert evaluations and, most notably, exclusively verified reviews from real clients. In a growing industry, traders have long struggled with fragmented information and the difficulty of distinguishing between legitimate opportunities and untrustworthy firms. CryptoPropTrader.com was created to solve this problem by offering a comprehensive resource that consolidates rankings, detailed firm profiles, and crucial data points, eliminating the need for traders to navigate countless sources. “Our core mission is to build a trusted ecosystem based on transparency and authenticity,” said Alex, Chef Editor of CryptoPropTrader.com. “The world of crypto prop trading is full of potential, but it can be difficult to navigate. We’re committed to empowering traders by providing a platform where every review is verified and every firm is thoroughly vetted. We want users to find the right firm for their strategy with complete confidence, knowing the information they’re seeing is real and unbiased.” The platform’s standout feature is its rigorous, multi-faceted evaluation process. Unlike other platforms, CryptoPropTrader.com combines in-depth analysis from industry experts with a stringent verification system for all community-submitted reviews. This ensures that the ratings and feedback are authentic, preventing misinformation and providing a true reflection of a firm's performance and client experience. CryptoPropTrader.com enhances the user journey by offering: Verified Client Reviews: A system that ensures only traders with a proven connection to a firm can submit a review, building a foundation of trust. In-Depth Comparisons: Clear, side-by-side breakdowns of profit splits, pricing structures, trading rules, and capital limits to help traders easily identify firms that align with their personal needs and trading style. Exclusive User Benefits: Incentives, including discounts and bonuses, are offered to users who contribute by submitting their verified experiences. By prioritizing a seamless and transparent user experience, CryptoPropTrader.com is set to become the indispensable tool for any trader looking to succeed in the cryptocurrency prop trading space. The platform offers a personalized approach, guiding traders to their ideal firm and fostering a more open and reliable industry. About CryptoPropTrader.com CryptoPropTrader.com is the definitive online resource for comparing cryptocurrency proprietary trading firms. The platform is dedicated to providing traders with transparent, unbiased information through expert testing and verified community reviews. By offering detailed comparisons, rankings, and exclusive user discounts, CryptoPropTrader.com aims to be the most trusted guide for traders seeking to find the prop firm that best suits their individual needs and career goals. Media Contact: Alex K. info@cryptoproptrader.com Website: CryptoPropTrader.com
rabbitholes.fi , a decentralized SocialFi platform where users earn, own, and govern, is opening its token sale to the public. The ICO is scheduled for November 10 through December 8, 2025. The presale is being held on Gempad ahead of the platform’s beta launch. a community-owned social network that integrates a fully loaded defi protocol, rabbitholes.fi is building the future of social media in the era of web3. Built on Solana for low fees and scale, rabbitholes.fi turns everyday engagement into on-chain rewards via the native token, $CARROTS. Why It Matters Earn for engagement: Posts, comments, and memes accrue $CARROTS on-chain, turning time and creativity into measurable rewards. Community in a box: A fully on-chain stack for identity, earning, and governance (DAO over CEO) so users help steer features and economics. NFT avatars with revenue share: A forthcoming collection grants holders a 15% share of platform revenue (per published policy), plus staking utility and identity. social token creation: An integrated creator tool for tokenizing any kind of content, from comments and posts to instant meme-token launches and community-driven campaigns. Security and scale: Built on Solana and engaged for an independent SpyWolf audit to harden contracts and app flows. Public ICO and Presale Details ICO window: November 10 to December 8, 2025 Access: Presale live on Gempad Eligibility and compliance: Available globally without KYC except for users in restricted jurisdictions, including the USA, North Korea (DPRK), Iran, Sudan, Syria, and other sanctioned regions. Availability remains subject to local laws and regulations. Product Pillars Engage-to-Earn System: User activity drives yield and retention through a self-sustaining reward loop that converts posts, comments, and memes into on-chain value. $CARROTS Token: The core utility and governance asset that powers staking, engagement rewards, and long-term platform growth while aligning incentives across the community. NFT Avatars: Programmable digital identities that unlock staking access, DAO voting rights, and a 15% share of platform revenue for holders, reinforcing creator and community ownership. Meme Factory: A creator launchpad for instant token and community creation, designed to fuel culture, virality, and scalable grassroots participation. DAO Governance: Community-directed stewardship that prioritizes transparency, shared ownership, and platform longevity over centralized control. Founder Comment “Social shouldn’t be ad farms and lock-ins. It should be people-owned,” said Jmoon, founder of rabbitholes.fi . “With $CARROTS and revenue-sharing NFT avatars, we’re aligning culture, creators, and community so time online finally pays the people who make platforms valuable.” Official Channels Website: rabbitholes.fi X: @rabbitholesfi Discord: discord.gg/rabbitholes Telegram: rabbitholesfi About rabbitholes.fi rabbitholes.fi is a decentralized SocialFi platform on Solana that redistributes platform value to users and creators. Designed around earn, own, govern , rabbitholes.fi makes culture programmable and community‑led. Media Contact Alex H. Email: madhatter@rabbitholes.fi City/Country: New York, USA Disclaimer This press release is for informational purposes only and does not constitute an offer to sell or a solicitation to buy any securities or digital assets. Any token sale will be conducted in compliance with applicable laws and may be unavailable in certain jurisdictions. Participation may require KYC/AML verification. Forward‑looking statements involve risks and uncertainties, including but not limited to market, regulatory, and technical factors.
The future of decentralized finance is moving fast — and all eyes are on $ZEXX , the emerging crypto ecosystem built by Zexx Ai , that’s redefining speed, scalability, and real-world integration . After months of development, testing, and community momentum, ZEXX is officially preparing for its exchange debut , with confirmed listings on major global platforms including BitMart and Biconomy — signaling a massive leap forward for one of 2025 ’ s most anticipated crypto launches . Powered by Zexx Ai ( www.zexxai.com ), the project combines cutting-edge blockchain technology with smart automation and AI-driven innovation — building a true ecosystem , not just another coin. “ZEXX isn’t just a token — it’s a movement powered by technology, community, and transparency,” said a ZEXX spokesperson. “Our exchange listings and presale success mark the beginning of a new chapter — one where every transaction fuels momentum and every holder becomes part of the growth story.” Presale Milestone Achieved With over $100,000 raised in its presale , ZEXX has proven early confidence from its community and investors worldwide — setting a strong foundation ahead of its exchange launch. The overwhelming response highlights the growing belief in ZEXX ’ s mission to merge crypto with AI-driven automation . What Sets ZEXX Apart ⚡ High-Speed Transactions — Built for performance, ensuring lightning-fast trades and ultra-low fees. 💎 Holder Rewards — Every transaction contributes to growth, giving back to the ZEXX community. 🌍 Ecosystem Expansion — DeFi utilities, marketplace integration, and AI-driven scalability. 🤖 The ZEXX Bot — A symbol of power and intelligence, representing the future of automation in Web3. As Exchange launch unfolds, ZEXX is focused on exchange accessibility, liquidity, and expanding its global footprint , with more partnerships and exchange announcements rolling out through Q4. “ZEXX was designed to move differently,” the team added. “We’re building something built to last — powered by AI, community, and innovation.” The future is fast. The future is smart. The future is ZEXX. Stay Connected: 🌐 Website: www.zexxai.com 💰 Co i n Portal : www.TheZexxCoin.com 🐦 X (Twitter): @Zexx_Coin 📣 Telegram: Zexx Coin Official Join the community for real-time updates and launch alerts
Fulcrum Lending, the crypto-backed financial services provider, today announced the launch of its platform. Fulcrum is tailored exclusively for investors, individuals or businesses, looking to achieve higher returns on major crypto (BTC, ETH, BNB, SOL) and stablecoin deposits (USDC, USDT). With annual returns of up to 14%, full-insurance, FINMA license and the interest payouts in the crypto deposited; the platform offers investors a secure, high-yield alternative to traditional savings accounts. The platform has been in beta and alpha stages for the last 6 months and now it’s celebrating its release. New Alternative to Outpace Inflation Traditional savings accounts struggle to keep pace with inflation, often leading to a gradual loss of value for investors. Crypto saving accounts do offer higher returns, but they don't offer insurance for incidents that are common in crypto space. Fulcrum offers an alternative that combines predictable high returns of crypto with a fully insured and licensed platform, allowing investors to grow their savings faster than inflation with peace of mind. This platform is designed to empower individuals with greater financial control, helping them to break away from low-yield savings accounts and achieve more flexibility in their financial plans. "Fulcrum has always been about empowering our community with innovative ways, and we prove this commitment by providing investors with a high-yield alternative to traditional savings accounts, while giving them a peace of mind with full insurance and regulation" said Matthew Curtis, CEO and Founder of Fulcrum Lending. “We operate a strict regulatory licensing and compliance rigidly in all operations, ensuring your trust in us is well-placed. We are licensed and regulated by Swiss financial authority FINMA. We also hold all customer assets in a qualified custody Fireworks, and we fully insure them. We offer you best rates on the market no matter the market conditions are, and our team is available 24/7”. Key Features of Fulcrum Platform Earn up to 12% APR on BTC and ETH, 13% on SOL and BNB Earn up to 14% APR on USDT and USDC Borrow USDT at 16% APR Predictable rates that don’t change with market conditions Full Insurance of user deposits by Lloyd’s of London Licensed and regulated by Swiss financial authority FINMA Backed by known incubator YCombinator Customer assets stored by trusted digital asset custodian Fireworks Flexible withdrawal options of daily, monthly, quarterly and semi-annually Unlike many crypto yield products that rely on high-risk trading strategies, Fulcrum generates returns exclusively from lending activity on platform providing over-collateralized loans, ensuring a lower risk profile for investors. This means the customer deposits are used to fund secured loans, not volatile trading ventures. Fulcrum also guarantees that crypto payouts are held in full reserve and never leveraged—your crypto is always protected and not exposed to additional risk. “We’re able to offer investors a compelling alternative to traditional savings accounts that’s built on the foundation of our secure, over-collateralized loan book,” said Andrew Owen, Chief Revenue Officer at Fulcrum. “We only have the option of 50% loan-to-value ratio. That means for every 1 BTC worth of credit, we get 2 BTC as collateral.” How the Fulcrum Interest Account Works Fulcrum platform accepts deposits in crypto (BTC, ETH, SOL, BNB) and stablecoins (USDC, USDT). Investors will be able to receive monthly interest payouts in the crypto they deposited, giving them the flexibility to tailor their returns to their financial goals. Withdrawals are available after different lock-in periods, differing from 1 day to 6 months. The more the platform users lock-in funds in the platform, more returns they receive. How the Fulcrum Borrowing Works With Fulcrum, anyone can have access to borrowing power of up to $1 million by using their crypto assets as collateral, within 24 hours and with no credit history required. In this way they can borrow cash and hold their coins to see them grow while avoiding taxes. Fulcrum offers over-collateralized crypto-backed loans, stored in qualified custody, and only with 50% LTV. The automated platform provides instant funding in USDT. Availability of Fulcrum platform Fulcrum platform is now accessible to individuals and corporate investors seeking a secure, high-yield alternative to traditional saving and borrowing options. About Fulcrum Lend Founded in 2025 and headquartered in Switzerland, Fulcrum Lending is the pioneer of fully insured crypto-backed lending. Fulcrum’s mission is to build and enable simple, familiar, and novel crypto financial products that increase access to financial opportunities and give consumers more control over their ability to generate long-term wealth. Fulcrum's crypto lending products enable its users to receive interest in their idle crypto assets and seamlessly access credit against their crypto portfolios. For more information, visit https://fulcrumlend.com
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