Total pump and dump scam. Why, do you ask?
1. Here is the GitHub
https://github.com/argocoins Zero updates since announcing the coin on January 27 in BitcoinTalk forum. ummm okay
2. Stolen Dash code without any credit. Look at source code:
https://github.com/argocoins/argo They just changed the code from "Dash" to Argo. It even says "Copyright 2014 the Argo Developers." lol. Argo has been around since 2014? nice.
3. Their first priority was paying for MasterNodes online and then selling master nodes for 2.77-3 BTC each. Feel sorry for those who got tricked into spending 3 BTC for a project that obviously will not be developed and will go to $0.
4. No white paper at all, after 3 months. Roadmap says "Whitepaper 2.0" coming in Quarter 3. NO white paper 1.0. When the community manager is asked about the whitepaper, he says excuses even though it should only take a day or two to appear if it were a real project. But of course there is no actual development and no actual ideas, so we will never see a white paper. Keep asking, and you will keep seeing more excuses. A white paper would reveal the reality of the project.
5. Embarrassingly bad website
http://argo.cash/ with broken links, NO team info, and placeholder text at the bottom.
The dev team claims is that they are working on a mobile wallet and a one-click install of master nodes. They show images that anyone with photoshop skills can make in 10 minutes or less. But they don't show any work that indicates they're doing any actual work, even though this would be REALLY easy.
--> Everyone take a look at this article with the 6 red flags for crypto projects.
https://techcrunch.com/2017/12/07/6-red-flags-of-an-ico-scam/Argo has the following:
- Empty repositories for open-source projects (yep)
- Mining structure disproportionately favors development team (yep)
- Anonymous team (yep)
- Insufficient information on website/whitepaper (yep)
- No clear roadmap (yep)
what we have here is a total scam folks. If you try to defend, give some legitimate evidence to argue why it's not a scam. I find those who try to defend Argo really suspicious (part of the scam) or in total denial.
If it's a real project, why no github updates? Why such urgency to pay for and set up master nodes and sell in auctions for lots of $$? Why no communication from the CEO or developers, not even five minutes? Why an anonymous team? Why no whitepaper?
case closed.
my prediction is the project will close down and disappear within a month or less.