Thank you Lance and ConnectX, because of you I'm finally dipping my toes in and making my first-ever post on the forum! Thank you for the motivation.
My experience with ConnectX, like pretty much everyone else I've talked to (and most of the people on this thread), has not been good. I don't know for sure if it's a scam, but there are many signs that seem to indicate that it is, and at the very least they're being shady and are run by someone who should not be running a company.
The first thing that was very, very odd to me was the webinar. I was big into airdrops at the time so I figured I would check it out so I could get some free tokens, along with a free "$300 appliance" just for attending. It seemed too good to be true, but you never know, right? I had nothing to lose. The idea behind ConnectX sounded interesting, so I figured it was worth giving them the benefit of the doubt for now.
Then, while watching the webinar, I noticed something a bit odd. The majority of the comments were people praising ConnectX, Lance, and the technology. Over and over, short, positive comment, after short, positive comment, even when nothing noteworthy was being talked about. So I started really paying attention to the chat, and that's when the alarm bells got even louder. In addition to a steady stream of obviously fake comments, Lance was continually answering questions that nobody was even asking in chat. Ok, I must be missing something, so I keep watching. Nope, time and time again Lance is answering questions that aren't being asked. I scroll down to see if I can find the questions, but they just aren't there.
It was not a webinar, not even close. It was a recorded video with a "live" chat, but there seemed to be hardly any real people in the chat. The whole thing was a complete sham, and when I asked about it on Telegram I was told that Lance is a very busy man and doesn't have time to do live webinars, so it was a recording of another webinar. Ok, well first of all, that's not a webinar, that's a video. If you're going to lie to me and force me to signup for your "webinar" and attend it at a very specific time, well right then and there your company is pretty much dead to me, as that's some shady garbage and I'm not going to give money to a company that outright lies to people and wastes their time. And second of all, if Lance is "too busy" to do a webinar for potential investors (ie. the people who will either make or break his company), then how does he have the time to sit on Telegram 24/7 answering questions?
I kept asking questions on Telegram to figure out the legitimacy of the project, but the answers I received didn't really answer anything. Then I made the mistake of using the word "scam" in one of my messages. That was it, their bot automatically banned me from the channel. I'm sorry, but if you're a legitimate company you'll be able to answer basic questions about your legitimacy, and you also won't be so insecure that you would insta-ban people for literally just using the word scam in a message. I messaged Lance and explained what happened, and after a while he let me back in.
I continued to ask questions, like any serious potential investor would do, but Lance just kept pushing back and not actually answering anything. So I tried to explain my position to him, logical human being to logical human being (hah!), about how I was just doing my due diligence, as every investor should do, and that I wasn't accusing them of anything (yet). I said that if he's not going to answer the questions then doesn't he understand how that would look to potential investors? Then I just started getting, "Sorry X, I just don't think this is a good fit", meaning that he doesn't think I will make a good investor in the company. He was essentially telling me to take a hike. Why is that Lance, because I was questioning your BS? To me it seemed like the spammer mentality... they only want the naivest people to be interested in what they have to offer, as those are the only people who are actually going to fall for it. This is the impression I got from Lance, not one of a CEO and Co-Founder.
It's at this point I gave up on anything ever happening with me and ConnectX, so I just explained outright that they need to change their attitude or they're going to have a hard time getting investors. Then guess what happened? One of their "big time" investors starts private messaging me asking if I have any questions. I told him no, I had all the information I needed, and was going to do what I could to warn people about ConnectX. So of course he does what any legitimate investor would do... threatens me with ConnectX's stable of lawyers who "used to work for the SEC", so if I wanted to talk bad about them I would have to answer to them. I was in disbelief at what was happening. I honestly felt like I was on a hidden camera show and someone was going to pop out and tell me that it was all a joke.
The bottom line is that ConnectX is either a complete scam, or being fueled by complete and utter incompetence. Or both.