Mr Beast Doing Business with Alex Becker [LEAK]

Summary

In this video, the speaker uncovers the unexpected business relationship between crypto influencer Alex Becker and content creator Mr. Beast. They explore significant cryptocurrency transactions, including a $220,000 transfer from Becker to Mr. Beast and a complex deal involving ERN tokens. Despite publicly remaining silent about their connection, their collaborations suggest a strategic partnership in the crypto space. The analysis raises ethical concerns about influencer marketing and its impact on audiences, as both figures profit substantially from their involvement in projects like Metag Gods. The video emphasizes the need for transparency in influencer partnerships within the volatile crypto market.

Takeaways

• 😀 Alex Becker and Mr. Beast have a private business relationship that has not been publicly acknowledged before.
• 💰 Alex Becker is a prominent figure in the crypto space, known for his significant viewership and influence.
• 📉 A key transaction involved Alex Becker transferring $220,000 to Mr. Beast on March 3, 2021, indicating a financial exchange between them.
• 📈 A subsequent transaction on March 8, 2021, involved Mr. Beast sending Alex 14,540 ERN tokens, which had a potential worth of around $1 million at their peak.
• 🤔 The relationship suggests Mr. Beast was attempting to liquidate his token holdings quickly, potentially to avoid contractual restrictions on selling.
• 🤑 Mr. Beast has received large quantities of ERN tokens over the years, totaling about $39,000, which could have been worth millions at their all-time highs.
• 🔄 Their collaboration includes involvement in various projects, like 'Metag Gods,' which indicates a pattern of promoting crypto ventures.
• 📊 Both influencers seem to engage in light promotion rather than full endorsement, potentially to limit reputational risks.
• 📈 Alex Becker reportedly profited around $2 million from trading, while Mr. Beast's profits were approximately $5 million, excluding free tokens.
• 🧐 The business strategies employed by Becker and Mr. Beast reflect the intricate dynamics of influencer partnerships in the volatile crypto market.

Q & A

What surprising connection was revealed between Alex Becker and Mr. Beast?

Alex Becker and Mr. Beast have a private business relationship involving cryptocurrency transactions and token promotions, despite never having publicly associated with each other before.

What was the first recorded transaction between Alex Becker and Mr. Beast?

The first transaction occurred on March 3, 2021, where Alex Becker transferred approximately $220,000 to Mr. Beast.

What happened just five days after the first transaction?

On March 8, 2021, Alex Becker received 14,540 Ern tokens from Mr. Beast, which could have been worth up to a million dollars at their all-time high.

Why might Mr. Beast have sold his tokens to Alex Becker at a discount?

Mr. Beast may have been trying to evade contractual obligations that prevented him from selling tokens until a certain date, thus he sold them at a steep discount to access some cash.

How much total value in Ern tokens did Mr. Beast receive over the years?

Mr. Beast received a total of around $39,000 worth of Ern tokens, which at their peak value could have been worth about $20 million.

What does the term 'pump and dump' refer to in the context of cryptocurrency?

'Pump and dump' refers to a scheme where the price of a cryptocurrency is artificially inflated ('pumped') to attract investors, after which the promoters sell off their holdings at a profit ('dump'), leading to a price collapse.

What project did Alex Becker and Mr. Beast collaborate on aside from Ern?

They also worked together on a project called Metag Gods, which is an online video game that rewards players with cryptocurrency.

How much profit did Alex Becker reportedly make from his trading activities?

Alex Becker reportedly profited around $2 million from his cryptocurrency trading activities.

What is Mr. Beast's estimated profit from trading cryptocurrencies?

Mr. Beast's estimated profit from trading cryptocurrencies is around $5 million.

What ethical concerns are raised by the business practices of Alex Becker and Mr. Beast?

Their practices raise ethical questions regarding transparency and the potential manipulation of cryptocurrency markets through celebrity endorsements and indirect promotions.