Yat 🖖

1 review, not positive.0% positive · 1 review· Influence factor 30, above 6% of accounts

The record

From 1 activities · Apr 2026

Yat Labs is characterized as a grift that extracted mid-8 figures, with concerns raised by a former senior community manager about the project's financial practices and leadership integrity.

What people say

Received · 1 Given · 0

“grift that extracted mid 8 figures”This review ties to two other reviews - for the founders of Yat Labs (as well as Tari Labs) The review for fluffypony: https://app.ethos.network/activity/review/699045/privacy-advocate-who-was-compromised-due-to-embezzling-cookie-money-awful-work~ The review for Naveen: https://app.ethos.network/activity/review/699053/awful-work-ethic-and-a-long-history-of-grifting-extracted-mid-8-figures I was a Sr. CM for Yat Labs 2021-2023. This project extracted double digit millions (mid 8 figures) from it's community. The founders used to advertise features they never intended to develop - it was just a way to temporarily boost sales. They also partnered with 888 and on the "Realms" rug. The sale planned for 8888 NFTs to be sold @ 0.0888 ETH (280 USD on that day). A full sale would have yielded 2.488.640 USD (789 ETH). The number of Yat Realms sold - 1506 items for $421.680 (133 ETH) 888 claims Yat took the money and never delivered. Yat claims 888 took the money and never delivered. Where did the 400k go? It magically disappeared. Poof! Just like the double digit millions Yat Labs magically disappeared without actually developing their product. Yat did an AMA at some point, and Naveen basically said something along the lines of: "Not every partnership is about money. That's why we partnered with someone for a $2.5 million dollar mint and promised to deliver utility from our end without actually expecting any money, DUH!" 😹 This is slightly paraphrased, but he basically said this. A screenshot of the real quote from the AMA is in the twitter thread below. Once the community got tired of their grift patterns, they tried to grift partnership money via their "Yat Fantasy" paper trading game. The game got hit with massive amounts of botted users and they were seriously considering to use the fake player numbers to show how much engagement they are getting. Until I called them out and provided screenshots of all the "real user" bot profiles. At that point they had to nuke them, and I guess they got salty about it because they couldn't show fake metrics to potential partners. At this point I'm still unsure if it was some random player creating thousands of accounts, or if they did it themselves 💀 Based on everything else that went down at Yat Labs - it's very likely they wanted to inflate those numbers to have better metrics for grifting partnerships. But this is just the tip of the iceberg. Enjoy this ~9000 character rant that airs out some of the sketchy behavior around Riccardo (aka fluffypony) and Naveen - as well as their companies Yat Labs and Tari Labs + their sketchy partner 888: https://x.com/miyaspokeofthis/status/2039862230108242107 My only advice, after being a Sr. CM for Yat for quite a while: Avoid Yat Labs. Avoid Tari Labs. Avoid anything fluffy or Naveen are involved in. Avoid anything the VCs who invested in Tari/Yat are involved in. Avoid any of their partners, especially anyone who is also involved with 888. None of these people have any ethics. They don't give a shit about their community or their product. They only care about extracting money and nothing else...

Username McUserface ( ͠° ͟ʖ ͡°) · 1460· 7mo ago · negative26

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