I got a PM over here from Adcoin about their personal information, where they asked me to remove the personal details. To show i’m not that of an asshole i will for now ….but……
I can asure you, it is all correct and i will dig further if people want more personal information …or…
If this project is going bust i will even post more personal information and include very other member in it. I have no coins but a friend of mine, who is crypto virgin, has even though we’ve warned him fort his sh*tcoin.
I really hate it when people get scammed in any way especially friends and family. So yes …it’s getting personal.
Seems fair enough. However, if there are any problems regarding someone's purchase, we are willing to help. We have a dedicated support team standing by on Facebook chat and at
[email protected]. Since our support team it currently very busy and we're working hard on scaling up, it can take a little bit longer for someone to get an answer.
Regarding your family member, a 'crypto virgin', he also can get help and directions from our support team about how to trade his purchase on platforms. We're also working hard to make it possible to sell the coins back through our platform, the same way the coins were bought. In this way, we make it even easier for people to get in and also get out without the knowledge of trading cryptocoins on a platform and the need to convert their local currency into Bitcoin first. However, we assume that everybody is capable to know the high risk of buying cryptocoins and the possibility to lose or x multiple all your money in the end. It even states in the article then we are not aiming to be a speculative cryptocurrency, for applicational reasons.
Some more proof that i’ve found reading through their facebook page , other sources and blockexplorer:
Adcoin:
Coin Supply: 70152319.63076314
But :
Top 1-25 71401965.52400000
Top 26-50 1720019.94771253
Top 51-75 432569.48657529
Top 76-100 202421.50810731
Address: APjg7tfsG9wZ49eD7Teb1LRVK7j2JsE9vm got 54mil coins, that’s about 2/3 of all coins. No outgoing transactions on this address. It’s just waiting for a good time to dump. Timebomb..
As you can also read in our whitepaper: "Sixty percent of the pre-mined coins will be distributed to AdCoin advertising partners, which will represent a cost-per-click (CPC) or cost-per-mille (CPM) value based on the current AdCoin value. The other 10% is distributed in 4 equal sized wallets and will be used to further develop and market AdCoin as a currency. All wallets containing pre-mined coins will be posted for full transparency.".
Wallet: Sure …it’s a coinomi wallet…..
This is a conscious choice: The focus is to 1) improve the algorithm of Adcoin, and 2) To publish web extensions to make it applicable for our target audiences (advertisers and publishers). Developing branded mobile apps is not a big deal, maintaining and updating is. Since it's not the core business of our project, we decided to make use of Coinomi (it isn't cheap, but we can totally outsource the mobile wallet part in this way).
4 team members that are incapable of running a good ICO or know crypto at all. No external advisors on board or even put effort in it to find those people.
This is something you simply can't know: We exactly do have external advisors in our team but they don't want to attach their names publicly on the project (they have other/regular jobs which prevents them from being involved in such a way).
ICO is set up to let people buy with mainstream dutch payment methods. Result ( as foreseen by them) a lot of ‘virgin’ crypto buyers are now stuck with coins …if they received them after the payment…and don’t have a clue what to do next.
We indeed have 'virgin' crypto buyers. We estimate around 5-15 percent who don't know how blockchain and cryptocurrency work. We give people proper instructions how to proceed the transaction and how to keep track of their value. We put those people in the right directions and in 99% percent of the time they learn and find out on their own. Of course we're not able to give one-on-one trading trainings or crypto classes. However, we're currently brainstorming on the idea to give live webinars where people can ask their questions and can learn about cryptocurrency specific processes, like trading.
I saw you are managing a Youtube channel. Maybe we can get in touch to discuss this option?
Selling coins as ICO on their site for much higher but allready released to exchanges…wtf!???
Currently we're selling coins from Cryptopia with an integrated API in the website. We are calculating a transaction fee of around between 3 to 10 percent on every transaction to convert EUR to BTC and BTC to USD, the same thing litebit or bitrush are doing. Also keep in mind the low trading volume, the current price is different from the price when buying 10k Adcoins.
Paid airtime on BNR and RTL7 (Dutch media) with an interview wich gives you itches and a rash…they really don’t know what they are talking about
We didn't pay for any airtime. If you don't believe it you can ask the writer of our RTL article Bram van Dijk. Also the interview on BNR was a last-minute invitation (not paid) and little bit unprepared.
Paid Facebook reviews, foreign fake accounts with Dutch positive reviews…different accounts, same reviews, in same order. Arrogant replies on complaints or no reply at all.
This is the effect of our bounty campaign. Besides the obvious automated posts, the Adcoins where dumped by the bounty participants (around 2500 people). It was a bad decision for us to start a bounty campaign. Of course not every bounty participant was an automated bots, but in the end we suffered more than we gained from the accumulated efforts.
Got many companies, but they need to review every company they own by themselves…
It’s a really hilarious story for University people and an organ player…that were trying to solve a problem that doesn’t exist and with zero knowledge..just to get 'rich'…..dump it and leave it to die. You where kicking a dead horse anyway from the beginning…
We're mainly marketing and tech guys. We are already in negotiation and testing phases with two large advertising platforms and are invited for the Emerce Performance 2017 =>
https://emerce.nl/performance/ where we will be speaking in public. Emerce already posted earlier about us (unpaid) and many players in the industry are enthusiastic about the Adcoin.
If you think you can improve or add value to the process, please hit me up on Telegram. Maybe you can join our team (remotely), keep us sharp and/or add value in other ways