Quidd: Difference between revisions - Consumer_Action

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==Data breach==

In 2019, the Quidd portal was hacked, exposing 4 million user accounts.<ref>https://cybersecuritynews.com/4-million-quidd/</ref> The information in these accounts included usernames, email addresses, and passwords from the hacked accounts. The data was made for sale in October of that year.

==Discord server==

On July 3, 2021, users discussed cdh chase packs that would be falsely advertised and mentioned the Consumer Rights Act of 2015 as a basis for a lawsuit.<ref>https://www.reddit.com/r/QuiddTrading/comments/od1cjv/lawsuits_incoming/</ref>

On July 10, 2021, a user in the Quidd Discord server alleged the CEO bought a Star Trek award he was selling for $1,200 as a way to show the value in the marketplace.<ref>https://www.reddit.com/r/QuiddTrading/comments/ohpzn0/only_worth_it_if_you_buy_from_yourself_guess_they/</ref> On the same day, a moderator on the server was seen making antisemitic remarks regarding an employee.<ref>https://www.reddit.com/r/QuiddTrading/comments/nlpubf/quidd_mod_proud_to_be_banned_from_topps_aps_for//</ref>

On May 15, 2022, a user alleged some staff accounts were given funds to "pump demand" for drops and pass cards, with a moderator mentioning the user's first name and state in a reply they will "smack" them.<ref>https://www.reddit.com/r/QuiddTrading/comments/uqdm9v/so_when_quidd_gets_called_for_giving_cash_to/</ref> A similar incident was alleged in June where server mods would "pass cards" between each other, which was against the terms of service.<ref>https://www.reddit.com/r/QuiddTrading/comments/o72ril/quidd_did_say_anyone_passing_cards_for_chases/</ref><ref>https://www.reddit.com/r/QuiddTrading/comments/oq7c0u/trading_cards_is_against_fair_play_tos_unless_its/</ref> The server rules would prevent users from posting cheating or foul play evidence in the server.<ref>https://www.reddit.com/r/QuiddTrading/comments/o753ki/got_it_mods_are_above_the_rules_and_you_have_to/</ref>

==Sudden closure of service==

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===Implications===

Before the shutdown, users could buy and sell NFT collectibles on the Quidd marketplace for virtual currency, which could be exchanged for real money through a cash account.<ref>https://web.archive.org/web/20240915231810/https://intercom.help/quidd/en/collections/2696326-cash-account</ref> In addition, it was alleged the founder Micheal Bramlage promised users before the 2019 acquisition that users could keep their collections even if the service closes.<ref>https://x.com/Ayyee38/status/1875339313501843827</ref> In the past, collectibles would be sold for as high as $255-$500 each depending on their "rarity."<ref>https://x.com/quidd/status/1367685868455092225</ref> In the first week of March 2021, over $53,000 worth of withdrawals were processed.<ref>https://x.com/quidd/status/1371110813398937613</ref>

Before the shutdown, users could buy and sell NFT collectibles on the Quidd marketplace for virtual currency, which could be exchanged for real money through a cash account.<ref>https://web.archive.org/web/20240915231810/https://intercom.help/quidd/en/collections/2696326-cash-account</ref> In addition, it was alleged the founder Micheal Bramlage promised users before the 2019 acquisition that users could keep their collections even if the service closes.<ref>https://x.com/Ayyee38/status/1875339313501843827</ref> In the past, collectibles would be sold for as high as $255-$500 each depending on their "rarity"<ref>https://x.com/quidd/status/1367685868455092225</ref> with users spending hundreds of dollars to complete collectible sets.<ref>https://x.com/donnielemon69/status/1882145343925834149</ref> In the first week of March 2021, over $53,000 worth of withdrawals were processed.<ref>https://x.com/quidd/status/1371110813398937613</ref>

With their announcement on Twitter/X, users compared this behavior from Quidd to a "[https://www.coinbase.com/learn/tips-and-tutorials/what-is-a-rug-pull-and-how-to-avoid-it rug pull]."<ref>https://x.com/spencer_hames/status/1877188802642325972</ref> In addition, many users warned Quidd of a [[class action lawsuit]].<ref>https://x.com/Lex_407/status/1875563383279472987</ref>

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==References==

==External links==

*[https://quiddcollecting.fandom.com/wiki/Quidd Unofficial Quidd wiki]

[[Category:Companies]]

[[Category:Online Services Companies]]

@@ Line 12: / Line 12: @@
 ==Data breach==
 In 2019, the Quidd portal was hacked, exposing 4 million user accounts.<ref>https://cybersecuritynews.com/4-million-quidd/</ref> The information in these accounts included usernames, email addresses, and passwords from the hacked accounts. The data was made for sale in October of that year.
+==Discord server==
+On July 3, 2021, users discussed cdh chase packs that would be falsely advertised and mentioned the Consumer Rights Act of 2015 as a basis for a lawsuit.<ref>https://www.reddit.com/r/QuiddTrading/comments/od1cjv/lawsuits_incoming/</ref>
+On July 10, 2021, a user in the Quidd Discord server alleged the CEO bought a Star Trek award he was selling for $1,200 as a way to show the value in the marketplace.<ref>https://www.reddit.com/r/QuiddTrading/comments/ohpzn0/only_worth_it_if_you_buy_from_yourself_guess_they/</ref> On the same day, a moderator on the server was seen making antisemitic remarks regarding an employee.<ref>https://www.reddit.com/r/QuiddTrading/comments/nlpubf/quidd_mod_proud_to_be_banned_from_topps_aps_for//</ref>
+On May 15, 2022, a user alleged some staff accounts were given funds to "pump demand" for drops and pass cards, with a moderator mentioning the user's first name and state in a reply they will "smack" them.<ref>https://www.reddit.com/r/QuiddTrading/comments/uqdm9v/so_when_quidd_gets_called_for_giving_cash_to/</ref> A similar incident was alleged in June where server mods would "pass cards" between each other, which was against the terms of service.<ref>https://www.reddit.com/r/QuiddTrading/comments/o72ril/quidd_did_say_anyone_passing_cards_for_chases/</ref><ref>https://www.reddit.com/r/QuiddTrading/comments/oq7c0u/trading_cards_is_against_fair_play_tos_unless_its/</ref> The server rules would prevent users from posting cheating or foul play evidence in the server.<ref>https://www.reddit.com/r/QuiddTrading/comments/o753ki/got_it_mods_are_above_the_rules_and_you_have_to/</ref>
 ==Sudden closure of service==
@@ Line 36: / Line 43: @@
 ===Implications===
-Before the shutdown, users could buy and sell NFT collectibles on the Quidd marketplace for virtual currency, which could be exchanged for real money through a cash account.<ref>https://web.archive.org/web/20240915231810/https://intercom.help/quidd/en/collections/2696326-cash-account</ref> In addition, it was alleged the founder Micheal Bramlage promised users before the 2019 acquisition that users could keep their collections even if the service closes.<ref>https://x.com/Ayyee38/status/1875339313501843827</ref> In the past, collectibles would be sold for as high as $255-$500 each depending on their "rarity."<ref>https://x.com/quidd/status/1367685868455092225</ref> In the first week of March 2021, over $53,000 worth of withdrawals were processed.<ref>https://x.com/quidd/status/1371110813398937613</ref>
+Before the shutdown, users could buy and sell NFT collectibles on the Quidd marketplace for virtual currency, which could be exchanged for real money through a cash account.<ref>https://web.archive.org/web/20240915231810/https://intercom.help/quidd/en/collections/2696326-cash-account</ref> In addition, it was alleged the founder Micheal Bramlage promised users before the 2019 acquisition that users could keep their collections even if the service closes.<ref>https://x.com/Ayyee38/status/1875339313501843827</ref> In the past, collectibles would be sold for as high as $255-$500 each depending on their "rarity"<ref>https://x.com/quidd/status/1367685868455092225</ref> with users spending hundreds of dollars to complete collectible sets.<ref>https://x.com/donnielemon69/status/1882145343925834149</ref> In the first week of March 2021, over $53,000 worth of withdrawals were processed.<ref>https://x.com/quidd/status/1371110813398937613</ref>
 With their announcement on Twitter/X, users compared this behavior from Quidd to a "[https://www.coinbase.com/learn/tips-and-tutorials/what-is-a-rug-pull-and-how-to-avoid-it rug pull]."<ref>https://x.com/spencer_hames/status/1877188802642325972</ref> In addition, many users warned Quidd of a [[class action lawsuit]].<ref>https://x.com/Lex_407/status/1875563383279472987</ref>
@@ Line 48: / Line 55: @@
 ==References==
 <references />
+==External links==
+*[https://quiddcollecting.fandom.com/wiki/Quidd Unofficial Quidd wiki]
 [[Category:Companies]]
 [[Category:Online Services Companies]]