Welcome to blockchain—where money moves fast, people move faster, and if you blink, your ETH is gone faster than a YouTube autoplay.

At INUAA, we’re building a future where ordinary people—not just techies—can confidently navigate Web3 without losing their hard-earned cash to code traps, psychological scams, and cleverly-disguised nonsense. Because in this space, it's not enough to know how to use blockchain tools—you must also know what to avoid.

“If it looks too good to be true… it most likely isn’t.”

Let’s explore 8 of the strangest—and most educational—smart contracts to ever hit Ethereum. Buckle up.

Claimed: Strategic blockchain game.
Did: Turned grown adults into sleepless zombies staring at a timer for 12 hours straight.

Fomo3D was a smart contract game where the last person to buy a “key” before the timer ran out won the jackpot. The catch? Each key extended the timer by a few seconds. This went on for days.

Lesson: Hype + greed + time pressure = a gamified Ponzi.

If a smart contract requires you to stare at a timer all day, it’s not DeFi—it’s digital kamari.

Claimed: Weak contract with free ETH inside.
Did: Punished would-be hackers with gas fees and drained wallets.

These contracts looked vulnerable on purpose. Hackers would try to “steal” from them, only to discover they were part of the scam.

Lesson: Not everything broken is yours to fix.

In Web3, even the trap can be a trap.

Claimed: Honest profit-sharing experiment.
Did: An open Ponzi that mocked users while draining funds.

This token literally stood for “Proof of Weak Hands” and still managed to collect millions. It relied on others buying in so you could cash out.

Lesson: If a project jokes about being a scam… it probably is.

INUAA teaches critical thinking—not just FOMO-clicking.

Claimed: Web3 social media revolution.
Did: Made people pay gas fees to post and gave them nothing in return.

People bought into the idea of a censorship-free Twitter but ended up funding empty promises.

Lesson: Just because it’s “on-chain” doesn’t mean it’s useful.

Always know what you’re paying for.

Claimed: Transparent donation contract.
Did: Self-destructed after receiving ETH, sending funds elsewhere.

Some contracts looked like legit charity tools. One transaction later—boom. They delete themselves and disappear with your funds.

Lesson: Code is law—but if the law is flawed, you pay for it.

Always verify, never assume.

Claimed: Revolutionary decentralized investing.
Did: Got hacked for $60M, causing Ethereum to split into two chains.

This was a landmark moment in blockchain history. Smart contract bugs drained investor funds, shaking the entire ecosystem.

Lesson: Even brilliant ideas fail without code audits.

At INUAA, we teach that understanding structure is just as important as using it.

Claimed: Simple utility contract.
Did: Let anyone delete it with one click.

One poorly written contract had a public selfdestruct() function. Someone found it and deleted the contract forever.

Lesson: One mistake in code = permanent financial loss.

We must build a culture of checking before trusting.

Claimed: Long-term yield farming opportunity.
Did: Functioned for weeks—then executed a planned rugpull at a specific block time.

Some contracts work smoothly, right up until a scheduled “rug” is triggered.

Lesson: If it’s too consistent to be true… watch for the clock.

Trust is earned, not embedded in code.

At INUAA, we believe that Web3 isn’t just for developers—it’s for the mama mboga, the student, the hustler, the artist, the farmer, the lawyer, the doctor, the teacher and our dear parents, who still have to do some spectacle adjustment when you explain blockchain.

That’s why we’re building the INUAA training programs that:

• Explain Web3 in plain English & Kiswahili

• Teach people how to use web3 for their world and avoid dangerous contracts

• Show how to protect wallets and investments

• Help users verify contracts, tools, and teams

Because using blockchain tools is one thing. But understanding the risks?
That’s what will make Africa a powerhouse—not a playground for global scammers.

“If it looks too good to be true… it most likely isn’t.”
— Every Kenyan auntie after losing money in a WhatsApp investment group

Let’s not repeat the same mistakes in the blockchain world.

At INUAA, we’re here to build a smarter, safer Web3 community—together.

To kick off our Learn with Lisk series this June, we’re adding a flavorful twist: Chef Sharon will be preparing an African Brunch to energize our first end-of-month class. Because learning should not only be deep—it should also be delicious.

We’re also excited to be joined by Peter and Paul, the coffee innovators behind Project Mocha. They won’t just talk about how to tokenize African Coffee—they’ll brew it for us too. Real taste, real tokens.

At INUAA, our core philosophy is to support and nurture the next wave of African startups, especially those grounded in Web3. While we dabble in Web2, our heart beats for the builders using blockchain to solve real problems—those who combine innovation, resilience, and the courage to tackle regulatory unknowns in this emerging space.

Because let’s be honest: building a startup in Africa isn’t for the faint-hearted. But with the right community, knowledge, and a bit of local flavor—we believe it can be done. And done well.