NiftyNoon: What Happened to Ryan Carson's Flux of the Daily Dose?

Ryan Carson reveals Flux of Daily Dose to much community controversy (February 6, 2023)

Nifty Thought

• The saga with Ryan Carson’s Flux is complex. Ryan Carson had spent months working in the background to broker investments into Flux from various notable NFT key opinion leaders such as Andrew Wang, Gmoney, and Gary Vaynerchuck. Following the launch of the company’s branding and website, Ryan released a list of all of these partnerships. Underneath this, he included a meeting scheduling function for any prospective investor with at least $160K to invest.

• This positioning along with news that these background investors invested as little as $10K (rather than the public $160K minimum) and did not know their names would be used to solicit future investment incited outrage within the NFT community. They also had not yet signed any paperwork or sent any money. In response, Ryan deleted his announcement tweet and locked the website. He held a Twitter space to answer any questions and admitted his mistakes. Nonetheless, many of these former background partnerships fell through with these future investors pulling their support from the project.

• Regardless of how anyone feels about this situation, it is always important to remember there are living, feeling humans on the receiving end of internet messages. It is seldom a mistake to exercise a little empathy and demonstrate some basic respect. Stay kind.

Project News

• Ryan Carson reveals investors for his project, Flux, in a controversial move that ignites community outrage due to the perception of solicited funds from the public:

  Ryan Carson @ryancarson

  gm everyone. I woke up to a lot of messages about our announcement of Flux and our investors. I’d like to lay it all out and then I’ll do a Twitter Space tomorrow and everyone is welcome to join and ask me any questions.

  GeeGazza  @Gee__Gazza

  Ryan Carsons new project details his plan to raise $10m through 100 investors. If you ignore the Partners, there are 21 names listed already. Hence why it seems like 21 spots are already gone from his fund. One of the issues I have is the maths simply doesn't add up...⤵️

  

  

  

• Momentum NFT claims founder SneakyNinja has abandoned the project while Sneaky himself strongly denies the claims:

  Momentum @MomentumNFT_

  1/12 Somewhat of a strange day has happend within momentum that we never thought would happen. This post is to give clarity to all the holders and potential new holders 👇🧵

  Aura⛩️ @NFTAura

  Full transparency and how this all started, and plans to move forward regarding @MomentumNFT_

  sneakyninjapants @SneakyninjaNFTs

  1/ I’ve put a lot of thought into how to respond to the @MomentumNFT_ takeover situation. I initially didn’t want to react because I didn’t want to hurt holders more than needed. I tried to avoid the car crash everyone wants to see but feel compelled to present my side of things

  sneakyninjapants @SneakyninjaNFTs

  1/ A specific apology for how this has effected @visionofviii as well, I'm genuinely sorry that you've gotten any heat from this. For clarity the only reason that Viii was willing to help me originally was due to our common values w/ charitable giving

  

Community News

• Highlighted prospective Flux investors share their opinions surrounding the project’s controversy:

  Zeneca (🔮,🔥) @Zeneca

  I’d like to share my thoughts on everything that has unfolded re Ryan Carson / Flux over the weekend, and shed some light on my involvement as a “Founding Advisor”. 🧵👇

  gmoney.9dcc.eth @gmoneyNFT

  I want to clear the air on the Ryan Carson investment. I committed to investing 10k into it to support someone who I believe is growing web3 awareness. 1/8

  AJ Vaynerchuk @ajv

  1) jumping in along with the others to clarify my initial commitment to invest $10k and @garyvee and his initial commitment to invest $25k into flux

  Shira Lazar (she/her) 📍Los Angeles @shiralazar

  To be clear, I shared my interest in investing 10k with @ryancarson and felt honored as a woman to be included. I had been waiting to sign a formal agreement, which I still haven’t received, when I was notified of the public announcement today via a text from a friend. 1/4 🧵

  Luca Netz 🐧 @LucaNetz

  @BAYC1K For the sake of transparency. I didn’t sign anything. I didn’t fund anything. I thought I was just helping people in the space and being friendly. I don’t know much about the details, but I’ve made it clear to Ryan that I don’t want to be apart of this.

  andrew @andr3w

  hey everyone, for the sake of transparency, i will not be continuing with my initial verbal 10k commitment for flux, and here is my thinking behind this decision: (twitter is hiding my threads for some reason, so i am uploading it in one tweet here)

  

  

  j1mmy.eth @j1mmyeth

  after carefully listening to @ryancarson and everyone else today i've decided not to move forward with the investment i intended to make in Flux. why did i commit to invest in the first place? the answer is multi-pronged and i'll lay it out below:

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