Once a scammer always a scammer.
I cherish the efforts with which ALU team handle scams. If there was a scam in which a campaign team is involved they would come infront to hide the involvement but this "ALU" team inspects the projects very deeply and blow of the scams like a inside Job.
I esteem them high among all campaigns management team that is here.
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These days getting a legit project is very rare, i consider shit coins as a scam, they might not take money and run away but will suck the BTC value of your asset like a leech.
Kindly pay deep attention to projects that involve: Medical, logistics, accommodation, payment cards, money transfer, money transfer via telecom, advertisement via blockchain and list goes on... 90% of these projects have copied ideas. copied smart contract.
height of copying ideas ( look at all movies based on zombie...same plot. => virus explode city => the one hero loves gets infected with virus => hero can't kill her but have to => Nation goes rouge killing their own citizens => ribel..etc..etc )
In above case the team was fraud but this might not always be the case to identify you might even find a team giving speech in summit "CRYPTO ICO SUMMIT 2018 Zurich" and believe me they have no intention of blockchain implementation in so called airbnb of
XYX.
Today ICO script has gone so cheap that you just need to drag and drop stuffs and you can start your own ICO.
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The best way to make money these days is either fork "Bitcoin" with some premine or start a new coin on smart economy :NEO economy:
Days are gone when projects on Ethereum blockchain were eye catching.
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Project to think upon: Fuzex.co , Daamn project raised 40,000 ETH in just private sale and i do have got 30 eth from it...for what??
I got interested by this:
https://youtu.be/ppQ1RdxMESwHooked the team and i was in...but but is the card has potential to beat Visa or crypto cards like MCO, tenx?? Yes, obviously it is a high tech card..dammn see the the video. (
https://youtu.be/ppQ1RdxMESw ) , (
https://youtu.be/55q5z0FXNUo ).
They even came in public summit and showed their faces..didn't they. so we believe that this is new technology and we must invest in this. But the thing to ponder is that this card existed since a year back under the name "Fuze card" (
https://www.fuzecard.com/ ).
They both are different company, clearly the former bought some cards and modified stuffs and raised some bucks by ICO while other has no clue about it.
The similar thing happens in china, even a simple mobile charger can be bought there and you order in bulk and get your name engraved on the product and start selling it under your name. where is the innovation??
Link of both projects :
https://www.fuzex.co/ ( ICO one, came 3-4 months back )
other:
https://www.fuzecard.com/ ( have no clue of ICO and that their product is sold as ICO )