Topic: [ANN] 🔥Republia: Leading-Edge Ecosystem and Technology - page 3. (Read 45290 times)

So where is the Republia / Paxchain team?

Their last post was on:  November 07, 2018

How long will they try to keep this scam going?

They have no money, no product, no development... they have nothing except dreams to sell to gullible investors in the hope of stealing from them.

There was no "merger" with South Korean Paxnet. They never "merged" with a useless worthless company called Republia.

 

Yes. I think it was related to the propaganda he was pushing out on the Republia (Russian language) thread that got him banned.

Hard to believe,but it is true:

https://bitcointalksearch.org/topic/m.51415718

temhuk has been banned?

Day by day they are confirming as scammers of the worst kind.

Scammer temhuk has been quite active on the Republia telegram after getting banned from this forum.

The whole administration are scammers. They are now refusing to release bounty unless KYC is received. Typical scam conduct.


 

 

We tried our best to warn investors and bounty hunters but if they wanted to continue in a deal with the Minex and Republia scammers then they are responsible for their own downfall.

On a side note, where has their inner circle scammer alliance consisting of Temhuk and pool operator Racquemis1 along with paid trolls such as Jedgar, Yurii Pohrebniak / yurez83, akira128 and several other vanished to?

If they rip off theirs bounty hunters,you can just imagine what they would do to the investors.

Many others heard something about this project and we cannot wish them good luck.

To many others this does not look promising at all, it looks like a pure scam.

Minex and Republia team are scammers

I have heard some information about this project and I guess that it is really promising and interesting. Good luck team

15th May 2019 came and went...

Who received their "bounty"?

Where can these tokens be exchanged?

What are they worth?

Who still believes the scammers from Minex/Republia?

Terrible behavior.
They even didn´t calculate the stakes in signature campaign after 3 months. They are only promising, but that it´s all, maybe getting more time to exit scam? 

15th May came,no bounties,no products,no exchanges,only dead silence...

This was planned to be big scam,but due to "premature" collapse of its twin, Minexsystems,it succeed to scam only poor bounty hunters.

The Koreans it seems gave up on Republia scammers a long time ago, maybe because of their connection to sister scam Minex.

No coin, no token, no product... they claim they will release bounty on 15th May 2019

 

it was awesome knowing about this project although i learn about it from a friend who invested in it. it looks promising. we might see a huge disruption in the industry for a long time.

I think too that there is no chance for bounty hunters to collect theirs bounties. Before paying bounties they first have to launch coin , wallet , bank, site and of course to pay for listing coin on at least one decent exchange. They didnt do anything from it and with collapse of Minexsystems,which was paying theirs expenses,Republia collapsed too. Koreans obviously were not so exalted to finance this charade.

Bounty payouts were postponed until 15th May 2019 because of excuses made up by the Republia/Paxchain scammers (real delay tactics)

Nobody will receive bounty on 15th May 2019 but be prepared to receive more nonsense excuses for delays and scam tactics from the Republia/Paxchain scammers

That is some interesting information you have there. Yes I must have missed the original post about there being no record of "Paxchain" as a registered company on the BVI.

It makes you wonder what exactly the scammers are trying to do...

Thank you for your kind words.

The truth is that in this forum and beyond, we all have a responsibility to try to protect each other as much as possible from all forms of crypto scams and the best way is to keep each other fully informed.

Unfortunately newbies and gullible people will always be targeted by scammers such as in the way scammers Temhuk and Racquemis1 along with paid trolls such as Jedgar, Yurii Pohrebniak / yurez83, akira128 and several others were promoting Minexcoin. Several of those scammers were trolling and spreading propaganda about this Republia scam too.



Some key notes:

1-) republia.io is diverted to paxchain.io (https://paxchain.io/english.html)

republia domain is no longer actively showing a website, it just diverts to paxchain.io



2-) "Republia" project does not exist anymore, it has been renamed and branded to "Paxchain"

Paxchain is not be confused with Paxnet, they are two unrelated and separate entities



3-) "Republia Group, British Virgin Islands (BVI)" no longer owns this project. The new owner is "PAXChain Group, British Virgin Islands (BVI)". It is just an off-shore company to try to hide the names of the owners, to make thing difficult for investors and users to sue them in Court when they make their exit scam and until that happens probably for tax reasons too.



4-) paxchain.io (https://paxchain.io/english.html) has a free Lets Encrypt SSL installed. These scammers could not even fund the cash to pay for a SSL.

Pathetic



5-) All of the links in the image below which open a page or pdf have one thing in common: there is no mention of "Paxnet" (http://www.paxnet.co.kr) which is the South Korean tech company which Republia scammer claim "merged" with Republia




There was no merger between Paxnet and Republia. This was a blatant lie spread by the Republia team to generate free publicity.

How can there be a merger with a South Korean tech company worth millions of US$ and a Ukrainian start-up with nothing tangible to show except hot-air, empty promises and group of shady individuals with questionable backgrounds including a history of Court cases for tax evasion issues and a sister company called Minex which is a blatant scam?



6-) The paxchain.io website "Team" link in the header does not work. They are trying to hide that very vital part of the "project"



How can anybody be foolish enough to invest in a project where the Team do not even explain who they are on the main website but foolishly enough state everything in outdated pdf links on the same website where they still refer to their project by its former name Republia?



7-) There was NO MERGER between Paxnet and Republia

In December 2018 the Republia scammers stated:

We are glad to present you pre-Christmas news!
There was a merger of two companies, the Republia Group and PaxNet. PaxNet is one of the leading companies in the Korean market, there is also a media channel in its group. The total number of users in PaxNet has 6.5 million users, the media group has up to 12 million television connections. Also the company's assets are traded on the stock exchange. Exchange KOSDAQ. Since the merger took place, the Republia Group and PaxNet created a joint venture, PaxChain, which is registered in the Republic of Korea. In the near future, the sites and the name of the project will be updated on - PaxChain. The project will be developed on the Asian market, first of all on the Korean market, also PaxChain team will focus on the European market. Collaboration with the companies giants and the government is already planned. Korea is a very fast-growing market that opens doors for the blockchain, which is why the management of the Republia Group decided to merge with PaxNet. Since the project is fully funded by PaxNet, Public Sales will not be carried out, as this will not be necessary.PaxChain will have two offices - in Seoul and in Kiev. Thanks to the merger of Republia and PaxChain team, big changes are coming in the field of Blockchain technology!

Once again, there was NO MERGER between Paxnet and Republia. A multi-million dollar US$ company with 6 IPOs and 200 company strong portfolio would NEVER merge with a start-up that has no product, no money, no investment and nothing to show except empty promises.



8-) The bounties that were due to be paid for those participating in the Republia bounty program were due on 15th April 2019, they have now been promised to be paid on 15th May 2019.



Have a read of the excuses they are using to withhold bounties. They now claim the bounties will be paid on 15th May 2019. We all know that will not happen because they have no real project. They are using a 3rd class amateur style MVP along with promises of cutting-edge innovation in the hope to seek investment from a big company



9-) There is NO MENTION OF PAXNET on the whole website and in all download pdf and links except the medium press release dated 21 November 2018.



In that link (https://medium.com/@republia/republia-creates-new-partnerships-in-asia-11c0541c44a7) is states:

Our co-founder will also have many meetings Seoul. The primary purpose of this trip is to sign the final terms and conditions with PaxNet. This company went public (IPO) and is trading on exchanges.
Vladyslav as well will meet with the president of this company, who apart from PaxNet has about 200 other companies in South Korea (6 of them went public (IPO).
We believe this trip will be very productive

Well, there is no mention that Paxnet will buy Republia. There is no mention Paxnet will merge with Republia. There is no mention Paxnet will do anything at all with Republia except "sign final terms and conditions with Paxnet". Maybe it could be to sign final terms and conditions that Republia will pay Paxnet $15000 per month to use their South Korea offices, or maybe it was to use one of their exchanges to trade ERC-20 tokens if/when Republia ever launched them.. who knows?

It was mentioned by Republia scammers in a very ambiguous manner only so they could use it as an excuse to try to dupe gullible investors by fooling them in to thinking much more is going on than there really is.



10-) The roadmap targets have failed and they are still referring to parts of their project as Republia (as in their wallet)