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Re:The Age of the Grift Shift by BoxFour on Friday September 22, 2023 @11:26AM (#37613291)
Your interpretation of 'grifting' seems rather narrow and may not align with its applicability to either the article or the broader understanding. Grifting extends beyond merely making quick profits or even publishing fabricated findings--though these are extreme and evident instances.

Even portraying oneself as an 'expert' in a domain despite having limited expertise can be considered a form of grifting: It is, in fact, the focus of the article's opening paragraph.

To draw a more specific connection to the present example, even if Metagov were to falter and fail entirely for whatever reason, these academics now have the opportunity to assert their involvement in a 'groundbreaking web3 governance model.' Consequently, they are likely to generate a substantial volume of academic papers stemming from this involvement, a key metric used to evaluate academics. There is certainly motive for academic grifters to be involved.

Particularly considering the historical context of web3, there are many valid reasons to suspect that certain individuals with grifting tendencies might be engaged in such a project.

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