i doubt he planned on wearing it lol ppl buying luxury fashion as an investment to sell later is already a thing and the fact that he bought it with an nft gimmick makes me think that was likely his intent. idk much about how well investing in luxury goods works, if it is legit then it still should deter you if theyre jumping on the nft trend. anything that assosiates itself with nfts should be treated as a scam
@@BlisaBLisa you're missing the larger point. and a hoodie isn't luxury fashion. ps. luxury goods underperform the market as an investment class. not that this garbage in particular is worth anything.
@@Jivindox how am i an investment dudebro? I said i dont know anything about investing in fashion and if its legit or not, i assume it could be since its at least some tangible items people often spend a lot of money on. and that nfts are scams so anything that chooses to assosiate with them should be treated as a scam.
It’s likely more related to advertising. Media relies almost completely on ad sales. If they report bad dealings, then they lose that client as an advertiser. It could also relate to shareholders in the media companies and the brands. They don’t want to report on anything that would drop their stocks or their revenue.
@@morganferguson6378 How much of it is the journalists and how much of it is the editors forcing their hand? What good's a story if your publication won't approve it?
@@electrogeek77 i’m saying they all need to take an oath!! 😂😂 everyone under the umbrella of journalism. who are you to say one is a “good” story while the other is bad? who gives you that automatic right to decide someone’s words is superior to another’s? isn’t that kinda like playing god in a sense? think of all the scandals that have been buried not only bc it’s “not a good story” but they’ve been paid off to not run it 😩 they’re no better than politicians nowadays it seems
Honestly at this point the more Coffee videos I watch the more I realized I was actually cheering for the scam artists. Most of the people that get fucked over by this kind of stuff are just insufferable Investment DudeBro's. I feel less sorry for the Investment DudeBro that loses hundreds of thousand of dollars and have way more sympathy for the people that lost $100 Get fucked, Investment Bro's. I love watching you lose your money!
If AAA games would do it, and do it right we would actually own all the assets and in-games skins and stuff we buy. Atleast if fornite did this you could sell some skins for actual money.
@@HelloYersoGaeall those snobby high end brands stopped being a high quality years ago. Yet somehow they still find gullible dummies who throw money at them just to flex on others they can afford it .😂
I've been following this guy since he started his youtube channel around 2017. ThatMartiniGuy. Quit his job to do crypto trading full time. Lots of his channel is the daily trades he makes and technical analysis. He's been successful in that space gaining a net worth of around 30mil. But just like all traders, comes big risk. This was an investment bet that didn't pan out. But he's not sweating bullets over losing 100k.
I bet he took massive risks investing ang got lucky.. If a million people trade shared for a year and none have any experience some will always win big..
Well, it is more complex than that. People buy "brand". This means they are trying to establish themselves as part of a group of humans, a "tribe". In the case of Luxury Brands, people are purchasing tokens that advertise membership to a high status tribe. So you may not consider it to be "worth it". But it isn't inherently a scam. To some degree, you do receive status by associating yourself with a piece.
@@EliKazmiHaha what is it with this illusion that rich people don't buy designer clothes. Rich people are as much a target for companies as poor people
@@miromaro4822What's wrong with having your computer setup in your kitchen? It's close to the ice water in the fridge. The 25K clothes I can't speak on.
I appreciate the cereal companies of my youth who would advertise amazing toys for box tops, I would pester my mother endlessly for their cereal and mail in the box tops and wait weeks for the prize to arrive. It was never amazing or nice, in fact I figured out very quickly what a scam was. Bless their hearts.
At the end of the day, once they have your money and you haven't signed a contract with them, corporations aren't going to do anything for you unless you sue them. And why would they? They have your money! It's worse than giving your money to a complete stranger on the verbal agreement that they'd give you something good in the next year or two, because people at least have a conscience and might follow through. A corporation will rob people blind every time, if they can get away with it.
@@centerfield6339 I wrote out a longer reply, but the more words one uses, the more likely the whole comment is to get filtered for some mysterious disallowed word or phrase. The short version: Large corporations' main goal is growth and continued existence. They become more than the sum of their parts. Money keeps them existing longer and growing larger, so of course they won't spend it unless they have to. They are made of people, but also of capital, and constrained by laws and regulations and internal and external interests. My comment was not cynical, and your comment is the naïve one. I hope you can appreciate the irony and laugh at yourself.
At this point, I don't even feel bad for those who were scammed. Honestly, no kind of clothing is worth 100k. How dumb do you have to be to not figure out what a scam is or not? This is truly a clown world we're in
I get what you’re saying & agree to a point. Especially for common & basic scams, that people should already know about. But to uncommon/new scam, how do folk know ? Being that the whole point of a scam is not knowing it is one. It’s happened to everyone at some level @ one point of their lives. Anyone that says they haven’t been scammed is a liar.
@@semplybalanced3210 Realize that any time a company or individual wants to make a deal with you, that they are trying to get maximum benefit for themselves. So if they are offering you "drop" or a "mystery" product, then you are being scammed because they are going to spend as little as possible on that product, while you spend lots of money. To put this simply, every one wants to take as much of your money as possible, and give you as little in return as possible.
At this point I just feel like these scammers keep showing, how “ easy” it’s is to scam people which is why even people who would never be interested in it are adding to to the roster of scammers. Thinking they can do the same just flooding the market
The oldest scam in the history of man is religion. Selling people on the invisible and that scam is still alive and well in 2024, NFTs are kindergarten compared to religion.
Honestly what I've learned from Coffee is that people will buy anything and I've had a few intrusive thoughts of setting up a scam myself. Maybe I'll get millions of dollars to help my family. Get my mom a nice car, pay off my student debt, give my sister 100k, help my friend move house, donate more to the birds 🤣🤣 But then I remember I'm a lame person who knows nothing about crypto and would probably end up getting scammed myself lmao.
The amount of spam calls and texts I’ve been getting daily since getting my new phone is disgusting. An older woman had my new number previously, and she was definitely falling for the scams from what I’ve gathered. Phone looked like a junk mail inbox before I blocked most of them
What is REALLY stupid is that if they had just followed through on their end and delivered actual value they could have created another NFT collection and made 10X more money.
Correct. It's the high end market. Such people are disgusted by reasonably priced products, and always say, "you get what you pay for," as if nobody ever gets scammed.
I always remember that SBF interview where he essentially told the investor guy that if they're considering or factoring in the eventual business model or product of a crypto investment at any time, they're missing the point entirely. The promise of the eventual product IS the product.
This is a disheartening revelation. A lot of investors are left disappointed and it points to the rampant issues with the NFT world and credibility of high-end brands. Hopefully, this will serve as a wake-up call.
What are you talking about? This is absolutely hilarious. There is nothing funnier than watching Investment Bro's get royally screwed over by their own stupidity Imagine the actual good that could have been created with that 100k. Instead, this creepy little turd thought "Yeah, I'm gonna blow 100k on a passing fad because everything about me screams "I don't know how to actually make this kind of money myself but my Papa just keeps handing me all the money he made!"
For real. My partner used to do mini blog posts for this website that sold expensive clothing. The posts had to be tied to products the site sold. Every time I checked out what she was writing and the images she had to include, I found myself confused. The clothing was 90% something that looked like I could buy it off anywhere yet they slap a big brand logo on that shit and sell it for hundreds and thousands.
I feel like a big luxury brand could actually get away with this. If you try to argue value gained vs money spent, luxury brands don’t operate that way as it is. They have always sold hoodies or shirts for obviously stupid prices, that is their whole business model, being a status symbol. So they can easily argue the status symbol of the nft was the “value”.
What I keep getting from every one of these "investing" scams is that rich people are not smarter or harder working than the average person they're just very greedy and want to have more money no matter the risk and with next to no regard to morals or ethics.
i used to work data entry for a high fashion india based company, the markup is on average 10x the cost. a shirt would cost around 4USD to produce would be marked up to around 42USD. and thats the CHEAPER option. not a surprise they would do something like that
Wealth is not interested in your abilities. Wealth goes to wealth. Your hard work has no value and makes no difference. Luck and luck alone makes you rich if you weren't before.
D&G are probably stunned on a daily basis there are actually people willing to pay their prices, they just overestimated the gullibility of fashion fans
A lot of people are criticizing this guy, but D&G is a global brand. So, I don’t see him as any different than (or more gullible than) someone who walks into one of their stores and buys a ridiculously overpriced item off the rack. It’s essentially just preordering eight items. What really gets me is … how easy it would have been for D&G to keep their word. People are already paying for the name, and NFTs are just pictures, so all they had to do was send these people SOMETHING every three months, and they probably would have been fine. Then, they could have made MILLIONS more off the next project … but, instead, they are going to (rightfully) get sued for fraud.
You're 100% right about the scam. It's bewildering. NFTs aren't pictures, though. A lot of the first NFTs were just stupid pictures, but the NFT itself is a contract, usually giving exclusive rights to a thing. So they literally could have just made a piece of clothing, done something unique to it, promised they'd never make another exactly like it, and the recipient would have been ecstatic. The original recipients could potentially even make money scamming other jealous rich guys who were just _dying_ to own a unique gold-infused D&G scarf or whatever. I just don't understand why they didn't do the obvious ongoing-but-legal fraud this thing was set up as and decided instead to do an illegal fraud and make people mad. What a weird choice.
Dude!! Those hoodies are collector's items!!! They can only go up in value!! I'd definitely hang on to those and you'll get HUGE profits in a year or two! Personally I have all my money wrapped up in my gas station knife collection or I'd be right on top of those!! Hahaha
"Gaming," aka playing the worst P2W game you've ever seen to maybe make a minor profit if you're a whale and willing to risk that much money in a valueless currency. Sounds fun!
NFT was the old narrative, now it's all just switching up to "DePIN(decentralized physical infrastructure)", "RWA(real world assets)"....same grift, just more word salad in-between. Oh, and many slap on "AI" fo that extra buzzword one up. Just, why? Asking urself that b4 "investing" in something can save one a lot of grief. With cheaper networks out there, think we'll be seeing a lot more of this bullstuff, just a hunch.
The follow up headlines aren't considered positive and would sour sponsor relationships. It would also require self reflection on what they are hyping.
To be fair he has crypto currency pillows sooooooooo not surprising he’d sink 1/3 of an entire house on an NFT mystery box scam from a company that is already morally bankrupt.
I love you Coffee/Void zilla and your videos are always top tier. But honestly, if someone is stupid enough to buy a Dolce and Gabana NFT, they kinda deserve what they get.
I mean if you have the money (I don't) then you deserve to get what you paid for when you pay for something. There are times that you should know there's a scam or something is shady but this is a major company so people would understandably think they could trust it. But it's good that they are getting called out
@@bec7080this!! I’m so tired of people saying buyers “deserve” to get scammed. No one deserves to get scammed*! We all come from different walks of life and have had different experiences, and some of us don’t have the knowledge of what a scam can look like. These people paid for a product, it’s not their fault they didn’t get what they paid for. *except for rich billionaires and oil barons, but unfortunately they have other people handling their finances so that’s unlikely to happen
I mean... all the outrage at "just slapping a logo on it and selling it for " is... that's just how "designer" brands work, is anyone really surprised by this? :P
Why do people buy fake images on computers, even sinking that money on only dolce clothes is moronic. Feel bad for the guy and everyone else but please stop buying NFT's, they are not real things
One question... what exactly DID that guy expect for $100K? I mean... what the hell do D&G make that would be worth that money? Gold plated hoodie? Diamond shoes? I just don't understand what the expectation is when piling such large sums into something so intangible.
What baffles me is they could've just plopped out the drops as they promised with virtually zero effort and cost to themselves, but didn't out of sheer laziness. It was going to be a scam either way, but at least if they fulfilled their obligations that'd be a scam where they put in minimal effort to protect themselves legally.
no this is definitely worse lmao. they intentionally mislead people. you arent being mislead when you choose to waste your money on a tshirt with a designer brand logo on it. they sent customers less clothes than they promised. also while i dont like luxury brands and think you should spend that money on an independant artist to make you unique high quality clothes if thats what u want, i feel like at the amount these people paid for they should reasonably expect not to be sent the cheapest shittiest clothes that brand has. all luxury brand fashion is overpriced but some is more quality than others and can be resold better
Imagine you go to the police every week and tell them that someone stole your car every week, and they realize you choose to park it everyday with the keys on and the doors open. At what point do the police still have to deal with you. Yes a crime has being commited, but your actions if continued and repeated by others would make the whole justice system unable to address any other issue besides cars being stolen left and right. There has to be a point were we have to start blamming people who should know they are buying rigged lottery tickets with no chances of profit and that they should stop making excuses, because when they happen to win then they have no reason to complain hence wasting everyone´s time.
I’m starting a boardgame with a friend. We’ve had 2 companies ask us to create an NFT for the prelaunch of the game because, “it’s the best way to raise capital with no strings attached.” Lol
The RUclipsr is TMG That Martini Guy… he regularly ‘reviews’ low cap altcoins. Thought you were investigating him for a second there based on the thumbnail
I always knew NFTs would eventually crawl into every kind of artwork, and I correctly assumed it would only be used to scam more niche groups as time went on. Watch, there will be a fanfiction NFT once they've exhausted every other artform, and it will manage to get a few writers to sell their souls for that shit, and it will be a scam then too.
I get your premise, and agree, with the one proviso: You don't get what you pay for with fashion. You pay what you are willig to pay to get it. In this case, it's a scam because they didn't get it. But all fashion is a scam.
At minimum people should get what they pay for, but what did they think they were paying for here? Apparently some kind of real life loot box that would produce unknown (but presumably rare and fashionable) treasures on a quarterly basis for two years. It's basically gambling. And the people who bought the loot boxes have learned the lesson that Dolce And Gabbana can be just as ruthless and grasping as the casino on the edge of town. I agree with you that the media should be covering the story of Dolce And Gabbana failing to deliver at least as much as they covered the fashion brand's "innovative" new marketing practices two years ago. But I'm not sure I'd frame this as people getting scammed. It's more like gamblers realizing they wasted their money. The really offensive thing is these corporations have somehow been allowed to use NFTs as a loophole to take tens of millions of dollars from their most foolish customers.
NFTs will always be a scam to me unless an artist hand painted or drew it or any artists created something. But the fact you have to buy it is stupid. It should come with original artwork something…. This is so stupid
NFTs are simply a proof of digital ownership, not a piece of art. It can be tied to about anything, including art, tickets, and video game items. NFTs become a scam when their promised utility is not delivered.
$100k to wear gaudy advertising for the company that scammed you. Golf claps for these idiots
i doubt he planned on wearing it lol ppl buying luxury fashion as an investment to sell later is already a thing and the fact that he bought it with an nft gimmick makes me think that was likely his intent. idk much about how well investing in luxury goods works, if it is legit then it still should deter you if theyre jumping on the nft trend. anything that assosiates itself with nfts should be treated as a scam
@@BlisaBLisa you're missing the larger point. and a hoodie isn't luxury fashion.
ps. luxury goods underperform the market as an investment class. not that this garbage in particular is worth anything.
@@jamesdrummond7684 This is the exact correct response to these Investment DudeBro's. They are clowns. We laugh at clowns because they are clownish.
@@Jivindox how am i an investment dudebro? I said i dont know anything about investing in fashion and if its legit or not, i assume it could be since its at least some tangible items people often spend a lot of money on. and that nfts are scams so anything that chooses to assosiate with them should be treated as a scam.
like ive not invested in a single thing my whole life lmao i just like learning about scams
The media doesn't cover the end result because if they called the company out for scamming they don't get invited to the next fashion show.
that’s so fucked up omg 💀 journalists should take an oath like doctors bc wtf is the point of you if you won’t cover controversy 😂
fact lol
It’s likely more related to advertising. Media relies almost completely on ad sales. If they report bad dealings, then they lose that client as an advertiser. It could also relate to shareholders in the media companies and the brands. They don’t want to report on anything that would drop their stocks or their revenue.
@@morganferguson6378 How much of it is the journalists and how much of it is the editors forcing their hand? What good's a story if your publication won't approve it?
@@electrogeek77 i’m saying they all need to take an oath!! 😂😂 everyone under the umbrella of journalism. who are you to say one is a “good” story while the other is bad? who gives you that automatic right to decide someone’s words is superior to another’s? isn’t that kinda like playing god in a sense? think of all the scandals that have been buried not only bc it’s “not a good story” but they’ve been paid off to not run it 😩 they’re no better than politicians nowadays it seems
imagine paying 100k for a mystery box and getting 4 pieces of clothing lmao what a clown.
Rich guy will always be rich
New money ain't long money 😂
And waiting two years for it. He basically floated them an interest-free 100k loan
Honestly at this point the more Coffee videos I watch the more I realized I was actually cheering for the scam artists. Most of the people that get fucked over by this kind of stuff are just insufferable Investment DudeBro's. I feel less sorry for the Investment DudeBro that loses hundreds of thousand of dollars and have way more sympathy for the people that lost $100
Get fucked, Investment Bro's. I love watching you lose your money!
true
I'm glad when companies tried to put NFTs into games, we bullied them away.
If AAA games would do it, and do it right we would actually own all the assets and in-games skins and stuff we buy. Atleast if fornite did this you could sell some skins for actual money.
@@casualtrips9571that’d be cool. My fiancé has hundreds of rare skins his younger brothers got on his account over the years. Could make a killing
@@casualtrips9571 that's literally no different to steam marketplace except someone else gets the transaction fees
@@casualtrips9571 Kind of cringe to try to be selling in game items. Earn them or buy them. Would rather the company profit than scalpers.
@@casualtrips9571 what exactly do you mean by "own"? do you mean copyright of a game's assets? i don't think thats gonna happen
DG has been the punching bag of the fashion world for a long time, deservedly. This is only the most recent of their embarrassing stunts.
The rule of "high fashion" is this: if they have a store at the mall, it's not a high quality brand.
It's only high quality to low income people😂
@@HelloYersoGaeall those snobby high end brands stopped being a high quality years ago. Yet somehow they still find gullible dummies who throw money at them just to flex on others they can afford it .😂
Imagine coffee adding reminders to his scams calendar so he can follow up😅 thank you for your service.
Any company announcing the release of any NFTs, should be an immediate red flag...
Whats more upsetting than this guy losing $100000 is that is that dumb and had $100000 to spend.
I've been following this guy since he started his youtube channel around 2017. ThatMartiniGuy. Quit his job to do crypto trading full time. Lots of his channel is the daily trades he makes and technical analysis. He's been successful in that space gaining a net worth of around 30mil. But just like all traders, comes big risk. This was an investment bet that didn't pan out. But he's not sweating bullets over losing 100k.
I bet he took massive risks investing ang got lucky.. If a million people trade shared for a year and none have any experience some will always win big..
@@cliftonixs hey, ive got a good investment for you. I need 100 million. No, you dont get to know whats in it. Seem like a good idea?
@@cliftonixsWhy are you following a scammer?
Yeah the "victims" look an awful lot like stupid NFT bros.
All designer gear is a scam. Balenciaga put their logo on a £10 shirt sell it for £300
Well, it is more complex than that. People buy "brand". This means they are trying to establish themselves as part of a group of humans, a "tribe". In the case of Luxury Brands, people are purchasing tokens that advertise membership to a high status tribe.
So you may not consider it to be "worth it". But it isn't inherently a scam. To some degree, you do receive status by associating yourself with a piece.
It's because of the brand image!
@@herdenq yea by other poor people
@@EliKazmiHaha what is it with this illusion that rich people don't buy designer clothes. Rich people are as much a target for companies as poor people
It depends. Natural fibers and sturdy technology are luxury in a lot of places nowadays, since as you said fast fashion is priced as if it's luxury.
This is not what zoolander was fighting for...
"Why did I end up paying $100,000 for a box?"
Do you really want me to answer that?
Dolce&Cabbana NFTs..,🤦♂️🤦♂️ FFS why would anyone pay money for this? WHY?
Cause they have money to waste.
Dude, have you seen the clothing they sell? Or the purses? Nothing special, still just cloth or leather but people pay stupid money for it
So could sell it to a bigger fool
@@blockchainprofessor.x , you could say that for any clothing. It's always just fabric or leather. What would you consider special?
Honestly, NFTs are the perfect thing to sell to people who buy overpriced clothing just for the brand name.
He has his computer setup in his kitchen, yet he buys a $100,000 set of clothes you'd find in a street vendors market.
dont be fooled he's a multi millionaire, and will probs feature in a near future zilla vid haha lol
@@26wrld STILL : He has his computer setup in his kitchen, yet he buys a $100,000 set of clothes you'd find in a street vendors market.
@@miromaro4822STILL: dont be fooled he's a multi billionaire and will probs feature in a near future zilla vid haha lol
@@miromaro4822What's wrong with having your computer setup in your kitchen? It's close to the ice water in the fridge.
The 25K clothes I can't speak on.
@@miromaro4822 What's the issue?
This is just like when I did a rugpull on my stupid children
hell yea 😎
Fuckers never see it coming
A faze rug pull 🗣️🗣️
Absolutely fuckin’ owned them noobs
Kids are basically bots 😭
I appreciate the cereal companies of my youth who would advertise amazing toys for box tops, I would pester my mother endlessly for their cereal and mail in the box tops and wait weeks for the prize to arrive. It was never amazing or nice, in fact I figured out very quickly what a scam was. Bless their hearts.
That's good scam training, and it only cost a little postage. Honestly, you got a good deal.
At the end of the day, once they have your money and you haven't signed a contract with them, corporations aren't going to do anything for you unless you sue them. And why would they? They have your money! It's worse than giving your money to a complete stranger on the verbal agreement that they'd give you something good in the next year or two, because people at least have a conscience and might follow through. A corporation will rob people blind every time, if they can get away with it.
Cynicism requires no more brain cells than being naive. Corporations are made of people.
@@centerfield6339people whose humanity gets abstracted away by deadlines and sales targets.
@@centerfield6339 It's not cynicism, it's called using your brain. All of us can get scammed, but it's the degree of deception that differs.
@@centerfield6339So is a death squad.
@@centerfield6339 I wrote out a longer reply, but the more words one uses, the more likely the whole comment is to get filtered for some mysterious disallowed word or phrase.
The short version: Large corporations' main goal is growth and continued existence. They become more than the sum of their parts. Money keeps them existing longer and growing larger, so of course they won't spend it unless they have to. They are made of people, but also of capital, and constrained by laws and regulations and internal and external interests. My comment was not cynical, and your comment is the naïve one. I hope you can appreciate the irony and laugh at yourself.
always a good day when coffee drops
You mean when coffee drips? ☕️ okay byeee
when the void voids
You've mistaken void for coffee.
Not when the lady in the McDonalds drive thru calls her lawyer
Drips*
At this point, I don't even feel bad for those who were scammed. Honestly, no kind of clothing is worth 100k. How dumb do you have to be to not figure out what a scam is or not? This is truly a clown world we're in
I get what you’re saying & agree to a point. Especially for common & basic scams, that people should already know about. But to uncommon/new scam, how do folk know ?
Being that the whole point of a scam is not knowing it is one. It’s happened to everyone at some level @ one point of their lives. Anyone that says they haven’t been scammed is a liar.
@@semplybalanced3210by not being fucking stupid, it's so fucking obvious.
@@semplybalanced3210 never been scammed 🙋♂️
@@semplybalanced3210 Realize that any time a company or individual wants to make a deal with you, that they are trying to get maximum benefit for themselves. So if they are offering you "drop" or a "mystery" product, then you are being scammed because they are going to spend as little as possible on that product, while you spend lots of money.
To put this simply, every one wants to take as much of your money as possible, and give you as little in return as possible.
@@semplybalanced3210How do people know? It's simple, if you do any amount of research into it you'd realize that this was a total scam
At this point I just feel like these scammers keep showing, how “ easy” it’s is to scam people which is why even people who would never be interested in it are adding to to the roster of scammers. Thinking they can do the same just flooding the market
The oldest scam in the history of man is religion. Selling people on the invisible and that scam is still alive and well in 2024, NFTs are kindergarten compared to religion.
So in the end the only one who wins are the people who scam the scammers...
Dolce & Gabbana won
@@samholdsworth420People buying D&G NFTs are vapid but are not necessarily scammers.
Honestly what I've learned from Coffee is that people will buy anything and I've had a few intrusive thoughts of setting up a scam myself. Maybe I'll get millions of dollars to help my family. Get my mom a nice car, pay off my student debt, give my sister 100k, help my friend move house, donate more to the birds 🤣🤣 But then I remember I'm a lame person who knows nothing about crypto and would probably end up getting scammed myself lmao.
High end brand + NFT + Mystery box hybrid biz model = gee what could go wrong?
I know, right? 😂
NFTs and lootboxes...
Agony, pain even
2 years later and the exact same scam is still catching victims and making money 🤦🤦
the nigerian email scam still works. smh.
Never underestimate the elderly
The amount of spam calls and texts I’ve been getting daily since getting my new phone is disgusting. An older woman had my new number previously, and she was definitely falling for the scams from what I’ve gathered. Phone looked like a junk mail inbox before I blocked most of them
One born every minute
What is REALLY stupid is that if they had just followed through on their end and delivered actual value they could have created another NFT collection and made 10X more money.
Exactly. This scam is so weirdly short-sighted. Their business model is already a scam, why not just run their usual play but make it a surprise?
Thank you for covering this! We need more awareness on scams like this that somehow slips under the radar because they are from "reputable" brands.
fashion of this price point is always a scam. they sell t shirts for like 500 usd or something.
Correct. It's the high end market. Such people are disgusted by reasonably priced products, and always say, "you get what you pay for," as if nobody ever gets scammed.
I honestly wouldn’t take and wear those hoodies if they were in the free bin at a thrift store, let alone spend THOUSANDS on them 😂 cheap and ugly.
I always remember that SBF interview where he essentially told the investor guy that if they're considering or factoring in the eventual business model or product of a crypto investment at any time, they're missing the point entirely. The promise of the eventual product IS the product.
Exactly. No one of these media outlets follow up on these stories.
‘real world utility’ should be used as a red flag warning
This is a disheartening revelation. A lot of investors are left disappointed and it points to the rampant issues with the NFT world and credibility of high-end brands. Hopefully, this will serve as a wake-up call.
What are you talking about? This is absolutely hilarious. There is nothing funnier than watching Investment Bro's get royally screwed over by their own stupidity
Imagine the actual good that could have been created with that 100k. Instead, this creepy little turd thought "Yeah, I'm gonna blow 100k on a passing fad because everything about me screams "I don't know how to actually make this kind of money myself but my Papa just keeps handing me all the money he made!"
NFTs, 'Investors' LMAO
@@Marc83Aus *degenerate gamblers
To be fair, the whole fashion industry is a scam
like the art industry?
@@ChrisWijtmans yeah, kinda like that
The whole world is a scam if you think like coffee
For real. My partner used to do mini blog posts for this website that sold expensive clothing. The posts had to be tied to products the site sold. Every time I checked out what she was writing and the images she had to include, I found myself confused. The clothing was 90% something that looked like I could buy it off anywhere yet they slap a big brand logo on that shit and sell it for hundreds and thousands.
D&G is the Paul brothers of fashion
I feel like a big luxury brand could actually get away with this. If you try to argue value gained vs money spent, luxury brands don’t operate that way as it is. They have always sold hoodies or shirts for obviously stupid prices, that is their whole business model, being a status symbol. So they can easily argue the status symbol of the nft was the “value”.
What I keep getting from every one of these "investing" scams is that rich people are not smarter or harder working than the average person they're just very greedy and want to have more money no matter the risk and with next to no regard to morals or ethics.
My exact take on this scene
i used to work data entry for a high fashion india based company, the markup is on average 10x the cost. a shirt would cost around 4USD to produce would be marked up to around 42USD. and thats the CHEAPER option. not a surprise they would do something like that
What I wanna know is how someone dumb enough to spend $100,000 on that ended up with $100,000 in the first place.
Rich and very stupid parents tbh
He inherited the money, that's the only logical answer I can come with , or I'm doing something terribly wrong which probably I am , but still...
Changed my mind. He looks like new money from the crypto bubble who will lose it all lmao
Wealth is not interested in your abilities. Wealth goes to wealth. Your hard work has no value and makes no difference. Luck and luck alone makes you rich if you weren't before.
@@tartas1995Correctomundo
Buying irl loot boxes for $100,000. Fools are always easily parted from their money.
D&G are probably stunned on a daily basis there are actually people willing to pay their prices, they just overestimated the gullibility of fashion fans
Thanks Voidzilla! For putting intergrity 1st.
There's been too many RUclipsrs who seem to follow in your topics...only to end up promoting scams.
This guy seems suspiciously grateful. He may need further investigation Coffee
A lot of people are criticizing this guy, but D&G is a global brand. So, I don’t see him as any different than (or more gullible than) someone who walks into one of their stores and buys a ridiculously overpriced item off the rack. It’s essentially just preordering eight items.
What really gets me is … how easy it would have been for D&G to keep their word. People are already paying for the name, and NFTs are just pictures, so all they had to do was send these people SOMETHING every three months, and they probably would have been fine.
Then, they could have made MILLIONS more off the next project … but, instead, they are going to (rightfully) get sued for fraud.
You're 100% right about the scam. It's bewildering.
NFTs aren't pictures, though. A lot of the first NFTs were just stupid pictures, but the NFT itself is a contract, usually giving exclusive rights to a thing. So they literally could have just made a piece of clothing, done something unique to it, promised they'd never make another exactly like it, and the recipient would have been ecstatic. The original recipients could potentially even make money scamming other jealous rich guys who were just _dying_ to own a unique gold-infused D&G scarf or whatever.
I just don't understand why they didn't do the obvious ongoing-but-legal fraud this thing was set up as and decided instead to do an illegal fraud and make people mad. What a weird choice.
When coffee drops a video while I’m pouring my coffee… let’s go
It's void now. Haaa, nothing like a hot cup of void🕳️🙃
D&C excecutives - "Logan Paul did it and he is still popular", D&C execs -"Hold my beer!".
It’s D&G tho
"High fashion, they wouldnt scam you, right?"
"wrong!"
classic coffeezilla delivery
If they had sent 8 similar packages, no one would have complained.
And reselling those "limited edition" hoodies for $5000 a piece.
It was sheer laziness and disrespect that they didn't do 8 more drops.
Tell your kids they're having NFT pancakes for breakfast and see how they react.
id wear that hoodie only if someone paid me to
Whaaaaaat???? A NFT scam? Who could have possibly predicted something like that.
wait, someone in the crypto world did a scam???? inconceivable.
6:55 that’s a meme face 😂 literally whenever you call bullsh!t
Dude!! Those hoodies are collector's items!!! They can only go up in value!! I'd definitely hang on to those and you'll get HUGE profits in a year or two! Personally I have all my money wrapped up in my gas station knife collection or I'd be right on top of those!! Hahaha
Who the F still buys NFT's 😐😑...
I have no faith in humanity.
Who ever bought NFTs? They were always 100 percent a scam
Technically, he bought it two years ago, but right lol
Oh sweet summer child.. two words: Money laundering.
Gaming NFTs. If you know what to buy it's worthwhile.
"Gaming," aka playing the worst P2W game you've ever seen to maybe make a minor profit if you're a whale and willing to risk that much money in a valueless currency. Sounds fun!
Insane to me that a company would decide to get into NFTs this late
NFT was the old narrative, now it's all just switching up to "DePIN(decentralized physical infrastructure)", "RWA(real world assets)"....same grift, just more word salad in-between. Oh, and many slap on "AI" fo that extra buzzword one up. Just, why? Asking urself that b4 "investing" in something can save one a lot of grief. With cheaper networks out there, think we'll be seeing a lot more of this bullstuff, just a hunch.
Just need Haute Le Mode to also cover this and all my itches will be scratched by this abomination of a release
VOID ZILLA POST, WHAT THE HELL IS BEING BORED????!?!?!
The discord message says "one digital and one phygital" no physical. Which some how makes it more funny.
A phygital is a physical item with a digital representation/experience
The follow up headlines aren't considered positive and would sour sponsor relationships. It would also require self reflection on what they are hyping.
When the ignorance of the greedy gets humiliated by getting scammed without the use of lubricants while being bent over....!!!!!
The Void drops, I watch 😂
Wonder if I could just make an LLC named "Criminal Corp" and just blatantly rip people off and they love me for it.
I will never understand people who continue to fall for this crap. Hard to have sympathy when warning signs are plastered all over the industry...
For $100k they could of at least threw in a car or something. Holy moly
Glad I'm broke enough I'd never get caught in this kind of scam.
Man wears a shirt with that palm tree swag and claims he doesn't know fashion.
Man your fashion is intense
To be fair he has crypto currency pillows sooooooooo not surprising he’d sink 1/3 of an entire house on an NFT mystery box scam from a company that is already morally bankrupt.
Luxury fashion = scam. NFT = scam. Luxury fashion NFT = scam^2.
I love you Coffee/Void zilla and your videos are always top tier. But honestly, if someone is stupid enough to buy a Dolce and Gabana NFT, they kinda deserve what they get.
Anyone who spends 100k on nfts deserves to lose their money
NFTs being a scam?!?!? I refuse to believe it! 😂
If you’re dropping 100k on a mystery box maybe you deserve to be scammed
Not maybe, for sure 😂😂😂
I mean if you have the money (I don't) then you deserve to get what you paid for when you pay for something. There are times that you should know there's a scam or something is shady but this is a major company so people would understandably think they could trust it. But it's good that they are getting called out
@@bec7080this!! I’m so tired of people saying buyers “deserve” to get scammed. No one deserves to get scammed*! We all come from different walks of life and have had different experiences, and some of us don’t have the knowledge of what a scam can look like. These people paid for a product, it’s not their fault they didn’t get what they paid for.
*except for rich billionaires and oil barons, but unfortunately they have other people handling their finances so that’s unlikely to happen
The scam is they were promised 8 mystery boxes!
That's my take, but that shouldn't be the government's take. This should be prosecuted AND these people should be humiliated for falling for it
“$25,000 DG… thing…”
The disappointment is palpable.
Don’t open the box! The value dropped immediately.
Hahaha, right! Resell it to the next idiot
Glad to see a big brand really embracing this space's ethos. Ethical behaviour is so 20th century, behold the Bourgeois futurism.
Honestly 20 dollars is a lot for a tshirt
This is a lie fast fashion has diluted people price for clothes
It is so NOT. 20 Dollars is a very small amount still :/
@@iam14andthisisdeep53 for a T-Shirt???
Cheap af forra t, check out a few other merch shops n c wha u find👍
I thought NFT scammers and AI grifters were two distinct parts of this decade but apparently people still haven't learned
I mean... all the outrage at "just slapping a logo on it and selling it for " is... that's just how "designer" brands work, is anyone really surprised by this? :P
Not a major surprise. Fashion itself is kind of scammy.
Why do people buy fake images on computers, even sinking that money on only dolce clothes is moronic. Feel bad for the guy and everyone else but please stop buying NFT's, they are not real things
One question... what exactly DID that guy expect for $100K? I mean... what the hell do D&G make that would be worth that money? Gold plated hoodie? Diamond shoes? I just don't understand what the expectation is when piling such large sums into something so intangible.
I find it difficult to care. Whoever spent money on nft’s seems to be asking to be fleeced of their money. 🤷♂️
What baffles me is they could've just plopped out the drops as they promised with virtually zero effort and cost to themselves, but didn't out of sheer laziness. It was going to be a scam either way, but at least if they fulfilled their obligations that'd be a scam where they put in minimal effort to protect themselves legally.
this is what luxury fashion does, stamp their logo in some cheap clothes and charge thousands of dollars for it, nothing new
no this is definitely worse lmao. they intentionally mislead people. you arent being mislead when you choose to waste your money on a tshirt with a designer brand logo on it. they sent customers less clothes than they promised. also while i dont like luxury brands and think you should spend that money on an independant artist to make you unique high quality clothes if thats what u want, i feel like at the amount these people paid for they should reasonably expect not to be sent the cheapest shittiest clothes that brand has. all luxury brand fashion is overpriced but some is more quality than others and can be resold better
The more I hear about NFTs and Bitcoins, the more I'm glad that I'm dumb and don't understand how it works and scared to even start
Imagine you go to the police every week and tell them that someone stole your car every week, and they realize you choose to park it everyday with the keys on and the doors open. At what point do the police still have to deal with you. Yes a crime has being commited, but your actions if continued and repeated by others would make the whole justice system unable to address any other issue besides cars being stolen left and right. There has to be a point were we have to start blamming people who should know they are buying rigged lottery tickets with no chances of profit and that they should stop making excuses, because when they happen to win then they have no reason to complain hence wasting everyone´s time.
I’m starting a boardgame with a friend. We’ve had 2 companies ask us to create an NFT for the prelaunch of the game because, “it’s the best way to raise capital with no strings attached.” Lol
The RUclipsr is TMG That Martini Guy… he regularly ‘reviews’ low cap altcoins. Thought you were investigating him for a second there based on the thumbnail
Was thinking the same he probably got the 100k from scamming him self 😂
I always knew NFTs would eventually crawl into every kind of artwork, and I correctly assumed it would only be used to scam more niche groups as time went on.
Watch, there will be a fanfiction NFT once they've exhausted every other artform, and it will manage to get a few writers to sell their souls for that shit, and it will be a scam then too.
"What's in the box?" - *Brad Pitt voice*
High fashion products being a scam? I never imagined!
anyone who buys NFT's deserves to be scammed - financial darwinism at its finest.
I get your premise, and agree, with the one proviso: You don't get what you pay for with fashion. You pay what you are willig to pay to get it. In this case, it's a scam because they didn't get it. But all fashion is a scam.
A $20 T-shirt? That sure is some drip, Coffee
At minimum people should get what they pay for, but what did they think they were paying for here? Apparently some kind of real life loot box that would produce unknown (but presumably rare and fashionable) treasures on a quarterly basis for two years. It's basically gambling. And the people who bought the loot boxes have learned the lesson that Dolce And Gabbana can be just as ruthless and grasping as the casino on the edge of town.
I agree with you that the media should be covering the story of Dolce And Gabbana failing to deliver at least as much as they covered the fashion brand's "innovative" new marketing practices two years ago. But I'm not sure I'd frame this as people getting scammed. It's more like gamblers realizing they wasted their money. The really offensive thing is these corporations have somehow been allowed to use NFTs as a loophole to take tens of millions of dollars from their most foolish customers.
I do not feel bad for a single person who purchased one of these.
What I'm learning from this channel is a lot of the dumbest scams work wonderfully...
It's just bizarre.
day 4 of asking Voidzilla to oil up 😊😊
Any piece of clothing over 100 probably is a scam
one view in a minute bro fell off
Use a better bot
Bots with the same comment everywhere yikes
14 likes in 12 min who really fell off?
Hey man reply if ur a real person
@@thunderb4stard80 hello señor
NFTs will always be a scam to me unless an artist hand painted or drew it or any artists created something. But the fact you have to buy it is stupid. It should come with original artwork something…. This is so stupid
NFTs are simply a proof of digital ownership, not a piece of art. It can be tied to about anything, including art, tickets, and video game items. NFTs become a scam when their promised utility is not delivered.