$30,000,000 AI Is Hiding a Scam

The Nugget

  • The AI project Rabbit R1, built by Rabbit Incorporated, promised a lot but delivered little, raising concerns about its legitimacy and potential scam origins.

Make it stick

  • 🐇 Rabbit R1: Built by Rabbit Incorporated, promised to do a lot but failed to deliver.
  • 🕵️‍♂️ Jesse's Scam: Founder Jesse distanced himself from past projects, raising questions about Rabbit's legitimacy.
  • 🤖 Overhyped AI: Rabbit R1 was marketed as a revolutionary product but failed to meet expectations.
  • 💸 Crypto Disconnect: Changes in company focus from NFTs to AI raised suspicions about Rabbit's intentions and legitimacy.

Key insights

Introduction of Rabbit R1

  • The Rabbit R1, created by Rabbit Incorporated, was marketed as a versatile AI device able to perform various tasks like ordering food or planning trips.
  • However, the product failed to live up to the hype, with many users encountering functionality issues like the inability to book rides or order food.

History of Rabbit Incorporated

  • Initially registered as Cyber Manufacturer Co, Rabbit Incorporated changed its name just before announcing the Rabbit R1.
  • Questions arise about the legitimacy of Rabbit Incorporated due to its involvement in a separate venture related to NFTs under the name Cyber Manufacturer Co.

The Gamma Project Scam

  • Founder Jesse's involvement in the Gamma Project, a failed venture related to NFTs and crypto, adds to suspicions about Rabbit's legitimacy.
  • Despite promises of revolutionary projects like a carbon-negative cryptocurrency, the Gamma Project failed to deliver on its pledges, raising concerns about Rabbit's credibility.

Contradictions and Deceptions

  • Rabbit Incorporated denies promises made by Jesse about the Gamma Project, such as a carbon-negative cryptocurrency and clean energy initiatives.
  • Discrepancies between promises made by Rabbit leaders and what was actually delivered cast doubt on the integrity of the company.

Key quotes

  • "Let me be clear, we will never touch crypto." - Jesse distancing Rabbit from crypto despite past involvement with NFTs.
  • "Jesse's involvement in the Gamma Project, a failed venture related to NFTs and crypto, adds to suspicions about Rabbit's legitimacy."
  • "Discrepancies between promises made by Rabbit leaders and what was actually delivered cast doubt on the integrity of the company."
  • "The Rabbit R1, created by Rabbit Incorporated, was marketed as a versatile AI device able to perform various tasks like ordering food or planning trips."
  • "Despite promises of revolutionary projects like a carbon-negative cryptocurrency, the Gamma Project failed to deliver on its pledges, raising concerns about Rabbit's credibility."
This summary contains AI-generated information and may have important inaccuracies or omissions.