Topic: [ANN][CrowdSale Ended]🌟🌟🌟🌟 NVO Decentralized Exchange | MultiWallet 🌟🌟🌟🌟 - page 13. (Read 169983 times)

You are absolutely right. Escrows play crucial part in the mismanagement of funds and the defraud of the ICO purchasers.

Yes, Lauda is an arrogant fucking scammer!!!!!!

Who sent the message? It was Nunya……….Nunya F$%#ing Business Esq.

After how you have responded to many people asking you direct questions and getting arrogant and unhelpful responses in return I cant believe you have the gall to expect anyone to give you an answer to this you maggot.

Nope.

Yep.

May we know who sent this message?

You seem very smart sir.

I recieved this message today in the bitcointalk forum:
"
NVO project is one of the largest frauds to take place to date.The "milestones" are only used as a pretext for extracting and misappropriating millions of dollars of investors money in unjust enrichment of a group of scammers who had no intention of finishing this project.This is all an act or drama they are playing out now in order to close in huge profit playing good cop/bad cop between themselves.The argument between the devs is only an excuse/smokescreen so they can walk free and clear with millions of dollars and hand you back a pittance after using your coins for over a year with bitcoin multiplying in price and stealing all the forks from those coins.

It is fraud and theft on a massive scale.
"
I contacted my lawyer who now makes contact to a specialist for economic crime in the eu - i am willing to fill a lawsuit in the European Union against all members of the nvo board and also against the escrow - i don´t know if any of them lives in Europe, but i hope so. The first step is to file charges at the police in Germany, which will be done today. I have a pretty good legal expenses insurance which will pay for the lawyers - i would be even fine with a legal settlement, but i would prefer to see some of these scammers in court.
it´s not even about the money, i "only" invested 2 btc - but i am so pissed about this team, the miscommunication and where all this led to. Nevertheless, i am not very confident that this will head anywhere - but at least i will give it a try.

I think the team only developed the "wallet" for the milestone. The escrow holds still most of the coins - so the escrow is also in possession of the fork money (BCC, BCG, BCD etc.) - they have no right to keep that money.  

I liked the concept too, but this smells all too fishy - the delays, tswrs shilling, the murder story told by ton, the story that imed is a psychopath, the disappear of yanni and so on - that all sounds like a very bad mexican daily soap.

Just fyi.

Notanvstwhale

I already said refund is in btc.

Ognasty,vlom,

Ok please sell your nvst on counterparty for 0.10 cents, we will be waiting.

Wait, what? A refund in fiat currency is that a joke? I hope it's some misunderstanding.

If the value of BTC collapsed during the past one year instead of increasing, would you still give us back $0.5 per token?

You wouldn't. Because it's just not possible and reveals how flawed this logic is.

I didn't gave you dollars, or euros, or Turkish Lira. I invested a specific amount of bitcoins, not dollars, and I expect a partial refund in bitcoins. While I understand a 100% refund is impossible and money was spent (stolen) by the developers, I don't understand why would such a flawed logic for a refund be used. It's literally stealing from people, the community gave this project a specific amount of bitcoins and they were hold in an escrow for our protection, now whatever's left should be redistributed if a refund is proceeded with.

I hope this is a misunderstanding and people came up false accusations again.

thank you for pointing this out. That's a good assessment and summary

It does seem to be that way.  Until funds are moved to a public address and the address signed by an escrow agent, I would advise everyone to hold the appropriate parties responsible for this lack of transparency.  The only reasons that Lauda would not move funds to a public address and sign it is 1) he's lying about the amount of funds raised, or 2) he's lying about what he's been using those funds for.  Escrows work for the buyers, not the ICO.  If they are refusing to show your money and account for it, they have effectively already scammed you, regardless of the outcome.

Some ignorant peeps in here.

Bluelogic is fairly dead-on.

Here is what was said about the milestones:

- 30% release at the end of the crowdsale.
- 30% at the delivery of the beta wallet and first API Cluster

So no matter what - the team received 30% of crowdsale funds to begin the project.  Not sure why anyone thinks they are entitled to a refund for that.  They obviously progressed and started things.

The beta wallet and API Cluster were indeed completed.  And we have even been told they still plan on completing version 1.3 which should correct most of the problems with the current versions.
I was able to receive funds from 5 blockchains and send out 3 of those.  Kind of sucks but if we do get this update version 1.3 then they are cleared a bit in that regard. (NVO if you are reading this don't let me down)

So we are entitled to 40% of crowdsale proceeds.  They raised the equivalent of 3055 BTC but much of that was in alts that have crashed in BTC value since then.  Even with that, we are still receiving about 46% refund.  Which means you are making money in fiat terms, and doing better than if you put all your money in ETH and many other alts.

This doesn't excuse the performance of this team and their inability to solve internal problems.

To those of you thinking you should receive a full refund, I join you in your disappointment over the outcome of this project but not in your assessment of its expected resolution.
And if any of you think the original ICO addresses should get the refund you should have your head examined.

More and more new projects are starting to emerge that give a decentralized product! today very well in demand, those companies that offer decentralized exchange! people want, that there were no outsiders - who will manage! I think that this project will have a good popularity!

It's been a scam shitshow since the beginning  Good to hear that you got out early. Even the escrows want to screw the holders lol

Zebedee23

Does counterparty support fiat?

Take the number of btc in escrow divide by 15 million NVST multiply by the current value of bitcoin, which is about 0.50 cents

Bluelogic

" All NVST holders are given back at minimum ICO price of $0.5 "

https://medium.com/@nvoteam/what-happened-d16844ee10da

hornetsnest,

So two months I ago I told the community what was going on and it was ignored, just like everyone continues to ignore me.  I'm done trying to convince the community and want the community to just die now.

"technically" ICOs are supposed to be securities (show me where the SEC has confirmed ICOs are securities in law), but none of this matters to those outside of the USA

n1que,

WTF, I want the project to die, hence why I said two months ago about the rebranding.  TSWR wouldn't say that.  Also if you were involved in the project you would be in the Discord and know that I support team Imed/Soup.

bluelogic

Bluelogic is just another TSWR..
He keeps licking Tonbi’s dick since the start of this project.

 

It wouldn't be logical to listen to bluelogic.

That why they called it legal!!!! bullshit

Even Binance has recognized the importance of decentralized exchanges that's why it partnered with another to create one. As more and more interest come to this field, it will be a race to build the most robust and fastest decentralized exchange.