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title: Crypto grifters are recruiting open-source AI developers
description: Cryptocurrency promoters are targeting open-source AI developers through a new airdropping tactic using the Bags platform. The scheme involves creating...
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og:description: Cryptocurrency promoters are targeting open-source AI developers through a new airdropping tactic using the Bags platform. The scheme involves creating...
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# Crypto grifters are recruiting open-source AI developers

**[sean goedecke](https://daily.dev/sources/seangoedecke)** · 6 min read · 1 upvotes · 2 comments

## Summary

Cryptocurrency promoters are targeting open-source AI developers through a new airdropping tactic using the Bags platform. The scheme involves creating memecoins tied to developers' projects (like $RALPH and $GAS) without their consent, accumulating nominal market cap, then offering developers accumulated fees as "community support." The coins have no technical connection to the actual open-source projects they reference. This predatory practice exploits developers' status as community figures while misleading supporters who believe they're funding open-source work, when most profits go to insider traders who can sell into the hype.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://seangoedecke.com/gas-and-ralph/>

## Community discussion

Top comments from developers on daily.dev.

**@daniel8000** · 0 upvotes

> Its amazing what grifters can figure out just to not engage in a decent job.

**@byteoutlaw** · 0 upvotes

> Wow nobody is safe any more!

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---

Tags: [#ai](https://daily.dev/tags/ai), [#open-source](https://daily.dev/tags/open-source), [#crypto](https://daily.dev/tags/crypto), [#ethics](https://daily.dev/tags/ethics), [#solana](https://daily.dev/tags/solana)

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