Azoundria: Created page with "{{DISPLAYTITLE:Memeland Grow Potatoz Scam Website Dray_GMI}} {{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/memelandgrowpotatozscamwebsitedraygmi.php}} {{Unattributed Sources}} MemelandTwitter user Dray_GMI was tricked into giving permissions to their wallet by a fake "grow" website for the Memeland Potatoz NFT. It is not known whether they reported the theft to any law enforcement or attempted any sort of recovery...."

2023-10-16T17:43:34Z

Created page with "{{DISPLAYTITLE:Memeland Grow Potatoz Scam Website Dray_GMI}} {{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/memelandgrowpotatozscamwebsitedraygmi.php}} {{Unattributed Sources}} thumb|MemelandTwitter user Dray_GMI was tricked into giving permissions to their wallet by a fake "grow" website for the Memeland Potatoz NFT. It is not known whether they reported the theft to any law enforcement or attempted any sort of recovery...."

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{{DISPLAYTITLE:Memeland Grow Potatoz Scam Website Dray_GMI}}
{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/memelandgrowpotatozscamwebsitedraygmi.php}}
{{Unattributed Sources}}

[[File:Memeland.jpg|thumb|Memeland]]Twitter user Dray_GMI was tricked into giving permissions to their wallet by a fake "grow" website for the Memeland Potatoz NFT. It is not known whether they reported the theft to any law enforcement or attempted any sort of recovery.

This is a global/international case not involving a specific country.<ref name="memelandtwitter-11852" /><ref name="draygmitwitter-11853" /><ref name="draygmitwitter-11854" /><ref name="draygmitwitter-11855" /><ref name="cananesctwitter-11856" /><ref name="draygmitwitter-11857" /><ref name="nswapmedium-9700" /><ref name="wagmi-9702" /><ref name="memelandtwitter-9696" /><ref name="9gagceotwitter-9697" />

== About Memeland ==
Having started as 9GAG in 2008, Memeland now invites people to join and contribute to their community and company through blockchain technology[1]. "We joined 500 Startups in 2011, raised seed funding, joined Y Combinator in 2012, and never stopped shipping."[1] Memeland NFT is a collection of 9,999 utility-enabled PFPs (Profile Picture Frames)[2] initiated by 9GAG as they venture into the web3 space[3]. Memeland joined OpenSea in June 2022[4]. Memeland NFTs can be purchased on NFT marketplaces like OpenSea, LooksRare, and X2Y2[3].

9GAG, based in Hong Kong, has a massive global audience of over 200 million[2] on social media platforms like Instagram, Facebook, Twitter, and TikTok[3]. Multiple famous celebrities and investors are involved in the project, such as Kevin Rose, Gary Vaynerchuk, Kevin Ma[3], and Hong Kong tycoon Adrian Cheng[2]. Memeland NFT is comparable to successful projects like Moonbirds, Invisible Friends, CloneX, Doodles, and the Bored Ape Yacht Club (BAYC), with similarities in having a company behind it, token systems, metaverse land, celebrity involvement, Web2 experience, and building an NFT ecosystem[2].

Memeland is a venture studio focusing on web3 and building social products for communities[1]. 9GAG aims to make the world happier with Memeland NFT as its first collection[2]. Memeland's mission is to empower creators by connecting web2 and web3 communities[2]. The project revolves around the concept of finding Memeland, a legendary treasure island known for its glory, fortune, love, and the best memes[3]. They aim to connect creators and communities through creativity, the $MEME token, and NFTs[1].

"9gag is headquartered in Tsuen Wan, Hong Kong with offices in Mountain View, California."

"If you had one Potatoz, or one opportunity, to seize everything you ever wanted in one moment, would you grow it or just let it slip?"

"Hey bro good morning! Just wondering, is there any 'grow' site for potatoz?"

"I think I got scammed and transferred my potatoz to it."

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

* Known history of when and how the service was started.
* What problems does the company or service claim to solve?
* What marketing materials were used by the firm or business?
* Audits performed, and excerpts that may have been included.
* Business registration documents shown (fake or legitimate).
* How were people recruited to participate?
* Public warnings and announcements prior to the event.

Don't Include:
* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
* Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
{| class="wikitable"
|+Key Event Timeline - Memeland Grow Potatoz Scam Website Dray_GMI
!Date
!Event
!Description
|-
|August 12th, 2022 7:32:00 PM MDT
|Text About Scam
|The user messages 9gag that they are "wondering[ if there is] any 'grow' site for potatoz" because they think they "got scammed and transferred [their] potatoz to it". The text arrives at 9:32 AM, which is believed to be in Hong Kong time zone.
|-
|August 12th, 2022 8:20:00 PM MDT
|Tweet Posted
|9GAG posts on Twitter, directly with a screenshot of the original text messages.
|}

== Technical Details ==
This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

== Total Amount Lost ==
The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?
== Individual Prevention Policies ==
{{Prevention:Individuals:Placeholder}}

{{Prevention:Individuals:End}}

== Platform Prevention Policies ==
{{Prevention:Platforms:Placeholder}}

{{Prevention:Platforms:End}}

== Regulatory Prevention Policies ==
{{Prevention:Regulators:Placeholder}}

{{Prevention:Regulators:End}}

== References ==
<references><ref name="memelandtwitter-11852">[https://twitter.com/Memeland/status/1558277295688757248 @Memeland Twitter] (Nov 21, 2022)</ref>

<ref name="draygmitwitter-11853">[https://twitter.com/Dray_GMI/status/1558282097030316032 @Dray_GMI Twitter] (Sep 18, 2023)</ref>

<ref name="draygmitwitter-11854">[https://twitter.com/Dray_GMI/status/1558279691055792128 @Dray_GMI Twitter] (Sep 18, 2023)</ref>

<ref name="draygmitwitter-11855">[https://twitter.com/Dray_GMI/status/1558278769756016641 @Dray_GMI Twitter] (Sep 18, 2023)</ref>

<ref name="cananesctwitter-11856">[https://twitter.com/cananes_c/status/1558492842057601024 @cananes_c Twitter] (Sep 18, 2023)</ref>

<ref name="draygmitwitter-11857">[https://twitter.com/Dray_GMI/status/1558281868977520640 @Dray_GMI Twitter] (Sep 18, 2023)</ref>

<ref name="nswapmedium-9700">[https://medium.com/nswap/what-is-memeland-nft-by-9gag-not-just-a-jpeg-but-utility-enabled-pfps-8bd160c0ca9 What Is Memeland Nft By 9gag Not Just A Jpeg But Utility Enabled Pfps] (Nov 22, 2022)</ref>

<ref name="wagmi-9702">[https://wagmi.tips/reviews/memeland-nft/ Memeland NFT Review: Team, Utility, Roadmap And More] (Nov 22, 2022)</ref>

<ref name="memelandtwitter-9696">[https://twitter.com/Memeland/status/1528365243411271680 @Memeland Twitter] (Nov 21, 2022)</ref>

<ref name="9gagceotwitter-9697">[https://twitter.com/9gagceo/status/1528346010463768577 @9gagceo Twitter] (Nov 22, 2022)</ref></references>

Memeland Grow Potatoz Scam Website Dray GMI - Revision history