
Ah yes, Web3 is going just great, in case you were wondering. For a rare few, investing in cryptocurrency has been a swift shot into extreme wealth, but many have been left by the wayside. For the Gen Z Quant Kid—a 13-year-old who pocketed $30,000 from selling a cryptocurrency he created—it's been a straight up nightmare from thereon out.
A while back, the teenager known as Quant Kid created the Memecoin Gen Z Quant in an attempt to get rich, and invested $350 of his own money on 51 million tokens (around 5% of the total in circulation says Wired).