For anyone curious about what we do and our impact in the Nigerian web3 ecosystem, you could set your reminders to join our weekly X spaces where we host insightful conversations revolving around web/crypto. Set your reminders below 👇🏽 x.com/i/spaces/1MJgNNAdABwGL

Gm Do you believe in God?

Hosted the first @Logos_network Circle Port Harcourt Hangout A huge thank you to everyone who showed up and made it worthwhile. It was an amazing gathering filled with insightful conversations, fresh perspectives, meaningful connections, and discussions around winnable challenges within the community . Looking forward to more impactful engagements and community growth ahead.

how much have you made this month

The plan is simple: 1. Build cool shit like @oarcoin & @raflaxyz. 2. Tell people about it. Repeat forever

Important update for everyone using @zerodotnetwork. The network is winding down on July 31. Your funds are safe. Your XP and levels are safe. Here’s what you need to do ↓

How are you making money in web3 right now? 🇳🇬

THIS IS ACTUALLY INSANE!🤯 The FBI launched its own crypto token last year just to trap the scammers. They were sick of pump and dumps. So they built a real token with a real site and real branding, called it NexFundAI, and waited to see who would show up. Within weeks, scammers were lining up to fake the volume for undercover agents. Then one of them got on a recorded call and said it out loud. Their entire business model was making regular people lose money so they could profit. The FBI had all of it on tape. 18 charged. $25M seized. Arrests across 3 countries. The wildest part? The FBI ran a cleaner crypto project than half the founders out there. And the whole thing was a trap from day one.

I have probably had over 20 @oarcoin demo calls this week alone. Thanks to everyone who i spoke with for offering ideas and sharing their thoughts on what we are building. If you’d love to get on a demo call with me for Oarcoin, comment below and I’d DM you.

Gm

7/10 startups fail because founders focus on product first. Start with marketing.

What are you up to lately?

3 more followers to 1,500 followers on @oarcoin. Who are those going to be?

Gm

Nigerians building on Binance Smart Chain are low key killing it.

how to download and set up Zerion Wallet in minutes. if you’re tired of switching between several apps just to manage your funds across chains, this is for you. let’s walk you through the steps & show you what to do after downloading your @zerion wallet. 🧵

I put on my fraud detection hat whenever I see a 22 year old Tech bro who supposedly dropped out of college to fund an AI startup. In this case, what I found about this Kled guy is incredibly disturbing. K5 Global is Kled’s lead investor. K5 Global is a firm that frequently invests alongside the Palantir and Thiel network. Another Kled backer, Aglaé Ventures, owned by Bernard Arnault, has a massive AI portfolio that intersects with the same labs that Palantir’s AIP integrates with. Basically, Kled is the Data Harvester for Palantir. Their job is to mobilize hundreds of thousands of gig workers, mostly from the Global South, to upload personal photos, videos, and documents. They convert raw human life into a machine readable product. Their clients like Palantir act as the Data Refinery. Palantir’s software, specifically Foundry and AIP, is designed to take that data and make it actionable for governments and corporations to put into global surveillance and military use. We can safely conclude that this Kled guy and other similar AI startups harvesting user data are human meat shields. They are specifically set up and funded to do the dirty work for Silicon Valley tech empires. Understand that these Large AI labs are currently being sued by artists, writers, and publishers for stealing data through web scraping. To win these court cases, OpenAI and Palantir need to prove they have clean, consented data. Buying a dataset from Kled, where every user signed a 50 page digital consent form in exchange for $20, gives these billion dollar tech companies a free pass. Also, imagine if Palantir, a company already criticized for government surveillance and US military war campaigns, offered to pay people in developing countries to film their living rooms and daily activities. It would look like a global surveillance network. By using Kled as a middleman, they get the same data but keep their hands clean in the public eye. Even though we cannot verify his claim of Nigerians defrauding his company, what we can verify is that he is an industry plant. He is set up to allow AI data labs to continue harvesting user data for global surveillance and military use.

Builders always build. Thanks to Muizz for being a great sport as well, loved every bit of the feedback granted. If anyone wants to see my demo please comment I’ll reach out.

We have removed Kled from the Nigerian app store and IP banned the entire region. The first thing I would like to say is I have nothing against Nigeria. I have a ton of friends from this region and these were some of our earliest app adopters. Genuinely, thank you all for the support. Kled has been up and running and out of beta for 4 months now. We have paid out hundreds of thousands of people for their data, and our users have uploaded over 1 billion assets onto our platform. After several months of uploads we found that Nigeria had a ≈95% fraud rate. Instead of real, usable data, users were uploading pictures of black screens, duplicate photos, internet generated images, AI generated images, etc. at an unimaginable scale. In comparison, Malaysia, Indonesia, and the Philippines have a less than 10% fraud rate across 10x the userbase size. Our fraud system is fast to catch these issues but the level of complexity of these schemes is getting out of hand. This weekend we were flooded with thousands of fake Japanese passports and identity cards with Nigerians photoshopped onto them in our KYC system. That was the final straw. As a startup we can't afford to eat the costs of that data overhead, so we temporarily removed the app from the region while we improved our fraud detection and banning system to quickly filter out bad actors when the time is right. On top of all of this, every time we make a post there is someone asking us to bring the region back within seconds. We hear you, but it's gotten out of hand. We've made this decision with great care. We love everyone who has genuinely supported Kled from Nigeria, and we hope to return when the time is right. -Kled Team

Follow @oarcoin & join us on telegram at t.me/oarcoin.