Play-to-Earn Scam Exposed — Full Breakdown & Transcript

[00:02] or several, I don't know, from different companies? I'm sure you've seen it. What the hell? Play this game, download this game and earn money by playing. But? A ton of times, right? Download this game and play

[00:16] solitaire, play bingo and win real money playing. You won't last 5 minutes playing that game. No, that's not it, that's a different kind of game. That's playing that game on the main channel. No, I'm not talking about earning real money.

[00:29] Playing these games, you usually run into someone who, in fact, in this type of game lately, the ads were like , "What's up with Coni?" Uh, what's it called? Fake, huh, changing "coní" to taking a famous person and

[00:45] putting "conía", putting Messi and putting it with that Messi is playing that game. Fake taxi, deep fake. Deep fake. It was a type of gaming profile that used ads that they would take and make a lot of deepfakes and such. Holy [ __ ], he wins, I'm telling you, he wins

[00:58] were saying, "Oh, this is real, I don't know what." He but most likely not." Well, it turns out it was a scam. Holy [ __ ], what do you mean they're turns out it was a scam. Holy [ __ ], what do you mean they're not going to give you free money for

[01:11] playing their [ __ ] shitty game for free ? How does it swim? Impossible. I don't believe it . What do you mean it was a scam? It turns out that one of the biggest companies in this business, called Papaya, Papaya, has just been hit with the biggest

[01:26] advertising fine in history for deceptive advertising , $719 million for this type of game, for deceptive advertising. I mean, the biggest fine in history for false advertising. The reason was, or rather the

[01:41] trick, that everyone used to fill the games they could play to earn money from their own bots at sick levels, so that most of the time programmed to beat you and keep the prize, basically. And when you

[01:55] participated in the games and stuff, you did n't win a damn thing because a [ __ ] bot always won. Well, as I said, they've received 719 million out of 719 million. Do you know what they did after this fine? They have declared

[02:08] bankruptcy in order to avoid paying. Let's go to the big movies. Very good move, huh ? Very good move. Well played. I didn't expect it. Awesome. Well, they geniuses, geniuses. There's still one more little thing and a little detail about this, but they're

[02:24] bankrupt, but at the same time they're trying to find a way to get away with it. Okay, it's an Israeli company, and in case anyone's confused, Papaya, as I said, released the games; you could theoretically win

[02:37] money playing, and the idea was that you could participate in free games. It had to incredible, isn't it? You could participate in free game matches and you could win money playing, like I said, in these games. Let's say it's a bit like how they do it

[02:52] in poker and all that, where you can enter tables for free, if you win you can win a monetary prize or a prize that is game credit, and then there are tables that have much bigger prizes and there you can win prizes

[03:04] there you do have to pay, maybe you have to pay an entry fee, okay? And that's where all the scam or deceptive advertising really was. The games were basic, like solitaire, I mean, it

[03:17] wasn't poker and stuff, but it was like solitaire, bingo, you know, games that everyone generally knows, you know? It's not something you say, a game I invented that's about, I don't know, shooting at a target, no, but rather

[03:32] games that everyone knows. Whoever wins the most takes the pot, and that pretty much gets them a deal, right? They kept repeating in the advertising that this wasn't a slot machine, that this wasn't a casino. Here they used to say, "Luck doesn't

[03:44] win, skill wins." I do n't know what skill bingo has, but the games they advertised, but well, I don't know. Solitaire cash, bubel cash, bingo cash, bubel cash is like a

[03:56] what skill bingo has. Bingo takes skill, doesn't it? No, I mean, right? But it has nothing. In other words, you can't do anything. You can't make true that I've only played bingo once in my life, as a kid with my

[04:10] were just messing around, but it's true that I don't understand what to listen to, right? Well, it doesn't matter , because it apparently worked. They spent a huge amount of money on impossible that you haven't had an ad appear at least once. With over

[04:24] 20 million downloads, it had 1 million people playing every day. Games like, I say, Solitaire Cash, Bubel Cash, Bingo Cash, Cookie Cash, 21 Cash, I don't know what the hell it is, anyway, they are very silly games like that. Okay, the first one to

[04:37] win in solitaire is the one who manages to win . Typical, everyone's going to play solitaire, it came with Windows XP, dude. Now it's a good one, and with Vista and all that. Well, the first one to win the solitaire game

[04:50] won the match. Basically, it was a bit like that. 21 is Blackjack. Ah, casino-like, you bastard. The thing about them selling themselves as if they weren't a machine, a blackjack, you son of a [ __ ]. Well, this whole movie

[05:03] was, like I said, you against other people who got caught. The trial, as I said, the trial ended at the end of July, that is, a week ago, and the insides of papaya have come out because a lot of those tournaments have come out

[05:16] , a lot of internal emails have come out, how the programming was, how everything was, okay? And what we saw was anyone, you were playing against bots. The account that acted

[05:31] as an expert and was looking a little at how the papaya meat was inside, saw directly that the company in its games had more bots than humans, it had games had more bots than humans, it had 13 million bots playing and only 11

[05:46] there were more bots than actual people. Impressive, I have to say. There were also two kinds of bots; you could see when the code started to be seen , that things were a little more shady here, okay? One was the

[05:59] filler bot, a typical dumb bot that's meant to lose in order to fill space, you know? Hey, maybe there are two more people needed for the game to start, so we'll add two bots to close it, make it start quickly, and that's it. And don't get

[06:11] Fortnite, where suddenly there are two bots that don't know how to shoot and stuff, right? Those filler bots. That, as I said, is deceiving you, but well, okay, it's more But then there was another bot that they internally called a custom session.

[06:25] This mode was you, without knowing it, you were the only human at a table, the only one. Everyone else was a bot, and Papaya decided beforehand, before were going to win or lose, because that's what the bots were for, right? They used their own

[06:41] internal algorithm to calculate, I don't know, your profile to decide whether it was in their interest for you to lose or for you to win. If you lose, you'll quit the game, they calculated. If you lost, you were going to quit the game completely,

[06:56] because then maybe you would win. If you won, you'd get more hooked, so maybe I would win, okay? But it doesn't matter, you, I mean, it was decided, it was decided, your behavior or the algorithm. You could play the perfect game of

[07:08] solitaire, the best game of solitaire of your life . It doesn't matter, you were going to lose it when the bot won, it kept the prize, meaning that the jackpot stayed in the house . Okay, the trial revealed that

[07:26] , less than a third of the prizes stayed at home, meaning they were always won by bots, meaning that more than one out of every three games was won by a bot. of prizes that they said they were going to win better, like, participate in

[07:41] this prize, in this jackpot, in this game. The entrance fee is $000, was truly destined that you were going to lose. So, as I said, were actually fake. They were never going to touch a human hand. And

[07:56] how did they hook you? Because people aren't stupid, right? Well, debatable, isn't it? I'll game that promised you free money, I think what they were doing was the same old thing casino manual that they've always used is: at first they let you

[08:12] win, you win a few bucks, you get carried away , you gain confidence and you say, this isn't a scam after all." And once you 're in, it gets harder and harder to win. win, win, and then you start putting money in. Basically,

[08:26] when you finally scrape together a little bit of cash and go to withdraw it, they tell you, "Hey, a large part of the winnings weren't cash, they were bonus money. You can't participate in other, bigger prizes, and if you win one, then you can withdraw it

[08:39] and if you win one, then you can withdraw it , but anyway, in the trial they mentioned that for years, people asked, hundreds of times they said, "Hey, are

[08:53] there bots, papaya?" "I'm playing against bots, there are bots, Benito/Mussolini 37 is a bot." And Papaya said no, that they were against bots and that there weren't any. There are written statements, there are official communications, and they repeated it in

[09:08] writing, I'm not just talking about it here and there , right? In writing, in court they , right? In writing, in court they repeated it 200 times. 200 times they repeated in writing that there were no bots . Then it came out that they had,

[09:20] because they were worried about the bots, they even had an internal protocol that any message from a customer to support that included the word "bot" or "AI" had to be escalated to management and treated as a

[09:32] serious incident, and if that customer insisted too much or pressured them too much, they had to employee, for example, from customer service, who was reprimanded for the account open of one of those inquisitive customers who had insisted a lot that

[09:48] bots. Internal emails have also come out , As I said, one is from the co-founder and the chief technology officer, I mean, talking amongst themselves, Andrey Birman, questions, like he was suspecting that this might be a

[10:01] scam, okay? And he said, "You have to give him the answer from the manual: we don't comment on accusations, and if he keeps insisting, close his account because it smells like trouble." Like I said, a lot of crap has come out. Then there are

[10:17] also the lawyers for the other side who wanted you to take statements from the five top executives of the company. What's up? They're from because the trial was in the United States." You have to come here to

[10:30] give testimony on the bot issue and apparently they say that well, the no, in London, sorry, in London and they had to go there and the five of them the day before at the same time said that they were invoking the fifth amendment. This is the

[10:45] right to remain silent so as not to incriminate yourself. Come on, I understand that's what they do, it's just very cinematic, isn't it? Very classic, isn't it? The Fifth Amendment thing. I understand you do this for when you don't have

[10:57] nothing to defend yourself with. I understand that you ca n't use this. Rollo, you have used n't use it, but it doesn't exactly reflect well on you either, does it? So, you're not defending yourself either, therefore, it speaks badly of you, right? It says London. The

[11:11] nothing more. I'm asking, uh, I have no idea, but what I saw might have n't London, but it seemed to me that the trial statements were made in London. I've read London, man, but I'm not

[11:26] this happened in the United States, but the declaration had to be made in London. I don't know the truth. But well, I didn't ask my little, I would have looked into it, but it's true that I'm simply

[11:40] 's the right to remain silent, that's all , isn't it? That said, as I said, they have , isn't it? That said, as I said, they have finally been fined 719 million, which is, as I said, the largest sentence for misleading advertising in

[11:54] history. Two days later they declared bankruptcy. In bankruptcy, Papaya admits that if he has to pay this amount, he cannot. No, they don't have the they declare bankruptcy; they simply can't afford it. But in the meantime they're going to appeal, they're going to

[12:10] appeal to try to get the fine waived or whatever, and they're going to appeal, but at the same time they're not declaring themselves bankrupt so they don't have to pay this fine. It was a the biggest in this type of " win money by playing" games. Basically, they didn't

[12:26] sign famous people and all this for promotions and such. Typical, right? In my opinion, the fine is fine, but these scams—because they are misleading advertising, but it should be considered fraud. Uh, this scam, these levels,

[12:41] should land you in jail, right? I mean, okay , now he's declaring bankruptcy, so what? In other words, they did perfectly, on to the next one. It to false advertising seems a bit strange to me. It was,

[12:54] as I said, quite a large company. There's one that has a lot of ads with celebrities and stuff, but I don't know. And besides, the papaya victims do get something back, other words, if you're one of the unfortunate souls who've been scammed, well, tough luck.

[13:09] bankruptcy and are not going to pay anything. But anyway , aside from that, in principle this is a fraud enough for them to give you your money back, you know? I don't know. Hm. compensation, but no, people aren't going to get [ __ ], man.

[13:23] Anyway, as I said, for me, it was obvious from a mile away that this, playing and winning money for absolutely nothing, doesn't usually work. Many people tell you, "No, it's just that you see ads and then we split the

[13:37] advertising revenue with you." That's not a business model. I mean, you don't get paid enough to make it worthwhile to actually play the game. Think about it: for each ad you see, you might earn pennies, two pennies. It's

[13:50] were the business model, it 's not viable. There's usually or something. So, folks, once again, what I can tell you is wake up because life is obviously going to eat you alive, and you're not going to

[14:05] make any money with these damn ads, I mean, with these damn "get rich playing a bingo game" games. That's it . I honestly don't know why they work . I mean, why would anyone download this stuff?

[14:17] I guess because it's tempting, right? The The NFT game bubble was kind of built on the idea that you could play and win and win money. So... Well, I understand that some

[14:29] people find the idea of, well, I can make money playing, very appealing, right? So, one thing is making money—because there's a whole subculture of a business parallel to a video game, with the market, right? That's a whole

[14:41] other thing, isn't it? I technically make money playing because I earn gold in WoW and then sell it outside of it. Okay, but that's different from making money by playing, which is kind of what this game is marketed as. It would be the equivalent of "play

[14:53] WoW and make money." No, play WoW. Work hard to earn gold so you can then sell it outside the game on a market and get someone to buy it. That makes idea of ​​just playing and earning money simply for the sake of playing. It's very

[15:06] absurd, very strange in general. But anyway, there it is. What do I say?