'Magic dirt': How the internet fueled, and defeated, the pandemic's weirdest MLM | NBC News

The social media posts started in May: photos and videos of smiling people, mostly women, drinking Mason jars of black liquid, slathering black paste on their faces and feet, or dipping babies and dogs in tubs of the black water. They tagged the posts #BOO and linked to a website that sold a product called Black Oxygen Organics.
Black Oxygen Organics, or “BOO” for short, is difficult to classify. It was marketed as fulvic acid, a compound derived from decayed plants, that was dug up from an Ontario peat bog. The website of the Canadian company that sold it billed it as “the end product and smallest particle of the decomposition of ancient, organic matter.” 
Put more simply, the product is dirt — four-and-a-half ounces of it, sealed in a sleek black plastic baggie and sold for $110 plus shipping.

More and more people are testing the limits of Darwinian theory.

#technology #tech #internet #InternetMarketing #MLM

https://www.nbcnews.com/news/magic-dirt-internet-fueled-defeated-pandemics-weirdest-mlm-rcna6950

'Magic dirt': How the internet fueled, and defeated, the pandemic's weirdest company

The social media posts started in May: photos and videos of smiling people, mostly women, drinking Mason jars of black liquid, slathering black paste on their

#NFT Projects are just MLMs for Tech Elites

source: https://every.to/napkin-math/nft-projects-are-just-mlms-for-tech-elites

Let’s look at the math - in the past 30 days, the top 25 collections have done more than $2.3B in transactions. Out of this, 60% of that volume comes from just five collections - #Cryptopunks, #MutantApes, #ArtBlocks, #BoredApes, and #Loot. If you extend it to the top 50 collections, we’re looking at closer to $2.8B - but still almost 50% of that comes from those same five collections.

#mlm #business #economy #internet #hype #society #money #profit #art #collection

NFT Projects are just MLMs for Tech Elites

A somewhat impartial review of current NFT business models