'CryptoGPT' Twitter accounts spring up as hashtag trends on Twitter

A Twitter hashtag relating to a purported artificial quality (AI) crypto token called “CryptoGPT” has been trending connected Twitter.

Alongside it, a fig of precise similar-looking Twitter accounts person besides sprung up — immoderate of which person been touting apt fake giveaways.

As of the clip of writing, “Download CryptoGPT” is trending with 6,185 tweets associated with it. GPT-4 (Generative Pre-trained Transformer 4), an unreleased neural web created by OpenAI, is besides trending with 4,683 tweets.

Trending topics connected Twitter. Source: Twitter

Meanwhile, dozens of Twitter accounts sporting the sanction "CryptoGPT" tin besides beryllium recovered connected Twitter, with immoderate offering apt fake giveaways oregon airdrops

Many of these accounts picture the purported task arsenic allowing users to usage blockchain to monetize their information with AI. The strategy is based connected Ethereum and scales with a zero-knowledge rollup layer-2 network.

The task purportedly aims to pull decentralized exertion developers to physique connected its blockchain. CrypoGPT volition connection its GPT tokens arsenic outgo for anonymous idiosyncratic information generated from the usage of these DApps.

Contrary to what its sanction whitethorn suggest, however, the task doesn't look to beryllium straight related to the ChatGPT AI chatbot that has taken the net by tempest successful caller months.

A snippet of Twitter accounts with names relating to "CryptoGPT" Source: Twitter

The crypto token besides appears to person backing from definite crypto exchanges, astatine slightest from a listing perspective.

On Mar. 8, Bitfinex announced a listing of GPT connected Mar. 10, describing CryptoGPT arsenic a task that aims to connection users an accidental to gain crypto for sharing their anonymized data. Other exchanges that volition reportedly database the GPT token see PancakeSwap, ByBit, Gate, MEXC, Bitget, among others.

Related: ChatGPT learns Bitcoin volition extremity cardinal banking and fiat currency

Earlier this year, blockchain analytics steadfast PeckShield warned its followers astir dozens of alleged "pump & dump" tokens purporting to beryllium related to ChatGPT and Bing AI, successful a Feb. 20 Twitter post. 

#PeckShieldAlert PeckShield has detected dozens of recently created #BingChatGPT tokens, of which 3 look to beryllium #honeypots & 2 person precocious merchantability tax. 2 of them person already dropped implicit -99%.
Deployer 0xb583 has already created dozens of tokens with a pump & dump strategy #AI #ChatGPT pic.twitter.com/merQikuslk

A pump-and-dump scheme typically involves the creators orchestrating a run of misleading statements and hype to transportation investors into purchasing tokens, past secretly selling their involvement successful the strategy erstwhile prices spell up.