• Popular Twitch streamer and founder of several crypto projects, DNP3, admitted to having a severe gambling addiction and losing everything to it, including user funds.
• This news caused the value of his projects to suffer, with CluCoin’s value dropping by 65% and the Goobers NFT project decreasing by 14.6%.
• This isn’t the first time Twitch streamers have faced controversy due to gambling addictions.
Popular Twitch streamer DNP3, known for his free PC and console giveaways and for founding numerous crypto projects, recently shocked his fans when he admitted to having a severe gambling addiction. In a tweet, he stated that he was in complete collapse, both monetarily and spiritually, and that he had lost everything to gambling. DNP3 had been playing Stake, a crypto casino, with his own and user funds in the hopes of hitting it big, but his winnings were never enough.
The news of DNP3’s gambling addiction and the subsequent loss of user funds caused the value of his projects to suffer. CluCoin, a charity-focused crypto, saw its value drop by 65%, while the Goobers NFT project decreased by 14.6%. The market cap of all associated projects faced negative sentiments after DNP3’s unexpected announcement.
This isn’t the first time Twitch streamers have faced controversy due to gambling addictions. Last year, leading streamers like xQc and Trainwrecks were seen depositing considerable sums of money at online casinos like Stake, leading to an influx of criticism from the Twitch community.
In an effort to start rebuilding his life and finances, DNP3 has been attending support groups and seeking ways to make amends for his past mistakes. He hopes to recover from his gambling addiction and restore his projects to their former glory.