There's been this wild story going around in the crypto space that I can't help but share. It's about a founder of a crypto startup who decided to use a selfie with CZ, the big man at Binance himself, to promote his project. Spoiler alert: It didn't go well.
The Selfie Saga
You see, Pratik Gauri, the founder of 5ireChain, took a selfie with CZ and thought, "Hey, why not use this for some free marketing?" He posted it with a caption that suggested they were working on something together. But CZ, being the straight shooter that he is, promptly shut that down. He tweeted: "This is exactly how NOT to use a selfie with me. Nothing is cooking. Didn't even have a chat. Just a selfie at an event."
And with that, the internet exploded.
The Fallout
This little stunt raised some eyebrows, and for good reason. I mean, in a world where trust is already a bit of a fragile thing in crypto, why would you want to risk your reputation like that? The whole situation highlights how far some people might go to promote their projects, even at the cost of integrity and honesty.
It's pretty ironic, considering how women in crypto have been pushing for more transparency and ethical behavior in the space. Using a fake endorsement from a well-known figure like CZ can backfire spectacularly. And honestly, who wants to be the crypto investment manager who gets called out for this kind of thing?
The Bottom Line
Here we are, with yet another lesson learned in the crypto world. Always be careful with your marketing tactics, folks. Whether you're a funded crypto trader or just someone trying to make a name for yourself, remember that the truth will come out eventually, and it might just ruin your whole operation.
