Remove Fund Remove Hype Remove Meme
article thumbnail

It Is What It Is: A fake app hyped on Twitter turned into a fundraiser for racial justice causes

The Verge

An inside joke about a TikTok meme among a group of friends on Twitter grew into a minor social media mystery before morphing into a fundraiser for anti-racism causes. On Thursday, the eye-mouth-eye emoji meme started appearing in people’s Twitter handles and almost immediately, the buzz started about what it all meant, Gizmodo reported.

Hype 115
article thumbnail

Cybersecurity firm says social media bots hyped GameStop during trading frenzy

The Verge

Massachusetts-based PiiQ Media says social media bots promoted Dogecoin, GameStop, and other “meme” stocks in posts on Facebook, Twitter, Instagram, and YouTube. Shares in GME skyrocketed in January as Reddit users on r/wallstreetbets rallied around the stock in an attempt to squeeze hedge funds that had bet against the video game company.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Friend.tech hype grows, Tornado Cash founders go for a spin and FBI’s monitoring North Korean hackers

TechCrunch

Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. But that’s ok, we dove deep into the hype and looked at what skeptics are worried about for the new application. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here.

Hype 72
article thumbnail

A Gen Z VC speaks up: Why Gen Z VCs are trash

TechCrunch

Let’s define some additional characteristics: Generally speaking, Gen Z is digital-native, meme-informed and progressive. In turn, these have become the “hyped industries.” Gen Z VCs have raised funds, garnered social media followings and profited from the Gen Z mentality. I certainly qualify as one.

article thumbnail

No one knows what anything is worth

TechCrunch

Band 3 is the retail cohort, the /r/WallStreetBets, meme-stock, fintech Twitter rabble that are both incredibly fun to watch and also the sort of person you wouldn’t loan $500 to while in Las Vegas. I have a working theory of what’s going on , but none of it points to sanity, or pricing that is grokkable through a lens that isn’t hype.

Las Vegas 128
article thumbnail

Jimmy Wales is selling his first Wikipedia edit as an NFT

The Verge

The funds will go toward charitable causes and WT.Social, a donation-backed social network that Wales launched in 2019. He points to examples of meme images selling as NFTs , something that doesn’t affect their availability but helps subjects benefit from online fame in a way intellectual property law hasn’t so far.

article thumbnail

Non-Fungible Fundraising: NFTs for Good

Whole Whale

The developers of the platform, artist and any other parties can then use the funds raised in the drop. This example shows how a nonprofit can be a fun partner to meme NFT and benefit from the sale. A lot of the success of a NFT drop is based on the hype and perceived value generated by the promotion work. Creating NFT Artwork.