Nigerians have called out popular Nigerian singer Davido, over the Crypto network he recently launched.

Many of them saw the new launch as a Ponzi scheme, because of the type of platforms the singer had promoted in the past.

The entertainer had announced via his page on X (Twitter) the launch of a new Cryptocurrency coin in his name.

A few minutes after the announcement was made, some fans and followers of the singer went ahead to invest in the coin.

However, some Twitter influencers and tweeps have raised concern over the amount of people who have invested in the coin without having any idea about how it works.

Some of them also pointed out the fact that other investment platforms that the singer had promoted had duped its users.

Below are some of the comments,

@Davidspredict:  Remember how you hype Racksterli that end up running away with people’s money, better no rugg after all this shout

@ukange_davidx:  You too dey cry, you did us dirty with Racksteri now this? I get trust issues

@prisie1882:  I remember when you endorsed Racksterli and it went to shiiiit do you think Nigerians will trust you with this one too

@RealDreylo:  Made 2 Million just gambling on OBO. Thanks for the free money 001

See some tweets below,

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