Topic: [ANN][ICO] The Snowden-Coin.com (Read 709 times)

Snowden Coin has been listed on wings.ai and is available for forecasting. How much will raise from its token sale? Please show your support for Snowden Coin and submit your forecast! To learn more: bit.ly/2Ejc76X

Because I'm totally wrong the premises of this company have recently been visited & searched by German authorities. Right.  

A search warrant isn't that easy to get. And the search took a whole day.

https://www.onvista.de/news/pta-adhoc-tcu-ag-geschaeftsbetrieb-der-gesellschaft-unterbrochen-aufgrund-durchsuchungsbeschluss-147687523

The accusation is copyright infringements. Among other things that aren't specified yet. This company isn't really good at telling things, they rather stay silent until shit hits the fan and afterwards anyway. As you can see again right now. There's no statement as any other company would deliver the very same day.

But it's not too hard to guess since some tax investigation is still going on (shady business practices playing boomerang) and the BaFin (German equivalent of the SEC) has some issues with how numbers are and were managed in the mandatory annual reports.

On top they don't seem to sell their coins: https://etherscan.io/token/0xd2457bff1b2cd7b24195e0e12c15b39725a5ebe1

Anyone not buying this can be happy right now since the latest police raid is hitting the Achilles' heel of this company pretty hard because it's aiming for the only source of income. Just check the reports, there's absolutely nothing else. And no income means this project is dead. As I explained before: Anything they promised or advertised for their coin and download platform is just running alongside the normal contractual work for a single customer, as long as resources can be spared. This happened before and well: the quality did tell and fail.

Give this a thought as well: The search warrant was issued because TCU (the company here) is involved in a rogue project located on the Seychelles (as explained before) that offers a paid TV recorder. Owners of the copyright (RTL Television) now strike back. The ideas of the Snowden-Coin and UltraUpload are based on expanding copyright violations on a massive scale. When TCU gets raided even now: how is this going to end if they start making money from selling stolen material on an even bigger scale?

Does really anyone believe you can make money by that and since it's somehow encrypted you are able deny any responsibility successfully and the cash just keeps coming in? I just can't see that happen. You'll be raided and stomped into the ground. When catching the big fishes authorities and copyright holders always follow the money. As they did seemingly right now and TCU is again less trustworthy, with a business model at the edge of failing completely.

Hey buddy,I happened to land here from a banner advertisement running in one of the url shortner. Read all the 3 pages of conversation. If you have any problem with the company's CEO, try to sort it out through email or phone call. The CEO has already mentioned that they reply to all the share holders via phone or email. So please do that first. Even after that if your issue is not sorted, then post here. I think this company is legit because its  public listed company. If it was a fraud then definity government would have interfered in this matter. So there is no way to think its fraud.

ok thank you

@Cherry_laurel Sorry for late reply..

So, final version of Snowden-Coins are here:

Etherscan-URL: https://etherscan.io/address/0x283554e720852212d00e1f999ef4af2516fd432a
Token Tracker:    Snowden (SNOW)
Token Creator: 0x58564Bab0c1A1e668eD08f330585208b10dB4946
1. name   Snowden
3. totalSupply   24000000

Adress                                                       Quantity  Purpose        Sale  Rev.Partic./Blocked
0x6aefe37666d410b3b43e849385099199f4ed381b   1600000   Pre Sale 1: 50%   2018   NO   
0x6b7c96947df2af9f50bdaca3fd5c06dc49282370            800000   Pre Sale 2: 30%   2018   NO   
0xb48eb7bc4472bc2b6e0a49d2e80f6c086cfc80b7    800000   Pre Sale 3: 15%   2018   NO   
x3f37721eed6bce9b888d9cc70516b649d91d2bc0           1600000   Pre Sale 4: 10%   2018   NO   
0xf37e925792b0f92cbfa5bf0686e4af59f26626c9           3600000   Main Sale                   2018   NO   
0x3d61870d1f5f7d8615db60d1d2cc3ec25eac961f     1000000   Promo Free Coins   2018   NO   
0x451914e68868d43b2ae4ee93a4966cc65109f5fc   4000000   Round 2 (2019)   2019   NO   3/2019
0x679e6e0dd5452c022326f938a3d47060e96dea78   2600000   Round 3 (2020)   2020   NO   3/2020
0x70f63dd49c15828e66f8c57b62da193a97453c43   5500000   Team Distributi       Company NO   1/2019
0xc77121f16496b26ed31a44184e91af04ec41bdba   420000   Board & Advisors   Company   NO   
0xd905faf79704fbd51954406f05be441337c56036           300000   Company reserve   Company   NO
0x2ea61f913b0170a21d0f131b657304d2c0857e74   580000   Adv Pool              2018   NO   1/2019
0x5a4271534ce8d3f55dc77c0b0ce1f8c04ed84550   1200000   Capital Reward   2018   NO   

TOTAL   24000000   

None of above adresses will participate in revenue distributions 4ever. Only sold coins!
So just check balances of above adresses and calculate the interest-boost for yourself.
Example:
If balance is e.g. 23 Mio. only (24-23) = 1 Mio. coins are in circulation and will
participate in revenue distribution. This means 24times higher interest
than expected in online-calculator https://ultraupload.io/?go=calculation .

found now contract on etherscan

https://etherscan.io/token/0xd2457bff1b2cd7b24195e0e12c15b39725a5ebe1

Tokens are splitted similar to your pre and main Sales on your Website pre 1 =1,6 Million pre 2 =800k  etc.

https://snowden-coin.com/

looking  on etherscan forcontract address.

Sorry , everthing wrong. We never promoted UU, its still in stealth mode. Thats exactly what we did NOT intend. To promote that great technology with our own means (100K) and get poor results. Thats exactly why we will publish and promote the project AFTER the ICO and WITH the means of the ICO. :-)
The costs of promoting the system to endusers (Downloader, Publisher, Uploader) are paid by investors of course. Thats why the coin is so cheap at the moment. A system generating 10 Mio a year would not been offered for 10Mio of course.
As you can calculate yourself on the website, the system makes 50% interest and is more than profitably with approx. 500K user. Even 200K are enough for BreakEven. We have experience bringing a system alive into that area. Last project bringing to 500K uses was made with a 1 Mio $ budget. So we are very sure to reach same results with 5 Mio $. Sure, we have no experience in handling users and scalabilty in range of >5 mio. Here we have to add external know how. But 500K we can handle in all circumstances (Support, server management, traffic balancing, db-balancing etc. ) and that is good enough to generate >20% interest a year. Calculate yourself on the website of SC. We made the casflow, its easy to understand.



As I answered before , those allegations are wrong. I disproved every single allegation with gouing deep into the details. You don`t honour that effort and just repeat it again and again,. And than you complain of not beeing noticed?

Again and again, you use same methods of defamation. Why?

That customer has shown, that UU integrates well in existing Storage-strategies and user accept those kinds of downloads. We managed to integrate the encrypting of >1000 files/day with the ftp-api and thats why the test was made for. Of course this test was not for switching endusers, cause their business model makes higher profit with their own storage.

I do have same impression from you, but not limited to "sometimes". :-) just kidding, I guess I know why you are such an hater. I guess you lost some money with TC shares while the dotcom buble burst 2000.
So far your words are right... your ly starts in next sentence..
Sorry thats wrong! a lie again. :-) CTV never sended a single signal. It was sued BEFORE it was ever online, just for providing the potential risk that someone could upload such pay tv streams. :-) Read about the case, it should be public available. The kernel of accusation was, that the article in "new york times" wouzld encourage people to use the system for illegal purpose. But we did not write that article! And we have no influence how a user will use an infrastructure. One can use any infrastructure for legal or illegal purpose. Even the postal office could transport a bomb.
Thank you for unwillingly confirming, that those infrastructure will generate huge profit. :-) And we are cheap. SC now has a pre money value of 10 Mio for an investor. Storj.io (the other great zero knowledge storage network) is just an idea, very complicated and ambitious development goals and collected 2017 60 Mio. (ICO/VC) with an pre money evaluation of 200 Mio $.So having a zero knowledge storage infrastructure seems to have some value? :-)
Can you explain me where the difference is in the business model of SC and storj.io?

Wrong! Its never allowed to stream SKY, if that would have been the question, we would be allowed to go to german supreme court. And even Sky did not say that. It was about promoting illegal use within that article. The question was much more complex. Thats why its now at EUGH Level. (European court level). If someone is intrested in that case, its all public available.


Why the opposite? all systems are running well , its in use :-) Its only me personally (I am the only person on planet not allowed to offer the system, every other person can !! and does! :-))

Yes, cause the case was about advertsing, not about the technology. The technology is legal, not forbidden and widely in use :-)  Difficult to understand, so please be more precise. Please read again the court sentences of german supreme court.  

As you can read in the Whitepaper , its an MVP, in stealth mode. It`s more than a protoytp, cause its fully functional and performance can be tested by potential customers.
UI and Integration into Apps (IOS, Android) is for later Development (frontend).
Current Priority is smooth Integration of new hoster, hostermanagement, security tests (privacy, hacking schemes) , so a lot of background progress last half year.
It was never promoted to endusers. But to some potential publishers. So they could test the inteaction with the system for future websites. For example, we added the new feature of hosting a complete website anonymously on the infrastructure. So the publisher website itself is hosted like a file and can link to other files (content). Very important feature ,not even mentioned in current feature list.


Only a few companies really have, when it comes to high performance/scalability.
Thats why 1/3 of the budget goes into external blockchain development.
We are P2P experts , but not BC experts. Thats why we use external know how here. They will decide if a standard solution like BigchainDB will be used or an adoption or if we need an own development. Currently a lot of projects are working on high performing DLTs (in fact we will not use a BC, the use of the word is for better understanding, in fact we wiull move DBs into an DLT). That is part of the development AFTER the ICO. Nevertheless 1/3 of ICO means is for market introduction of UU for enduser (Downloader, publisher). Even without BC one can generate same revenues like MegaUpload, with the downsize of beeing forced to delete a link from time to time (btw: each link can be replaced by another). After BC deletion is impossible. BC development  is only to remove vulnerability by government actions (whistleblower level) and not a important precondition to geneate revenues.
5

I am head of development (CTO), so don`t hesitate to ask any technical question..
Best Regards Guido

i like the idea and the high technical part in the whitepaper.
What I do not like are the charges in the form of forum trolls brought by the stock market.
anyone who has run a listed company for 18 years, I trust more than 95% of all ico projects.
I have now tested the platform with a video file and it worked. The project could work because it is also a regulated security token with a dividend. I wish you success

How I tried to measure success of "UltraUpload" so far: By using Google.

https://www.google.com/search?source=hp&q="ultraupload"&oq="ultraupload"

Just checking how many results I get and what relevance they have.

"UltraUpload" was launched last year and has been online ever since.

Not much can be found. There's literally nothing going on. As an investor for a download platform that's almost online for a year you would expect something more compelling, wouldn't you?

As I said before: TCU masters the art of entertaining hopes and has never fulfilled them. Since their launch back in 2000. Just follow their history and cross-reference their promises with reality over the years. As a result of this I would check closely the plausibility of any answer you may get since the credibility of TCU is quite a bit flawed (just understating things here).

Wouldn't be surprised if they declare a customer base belonging to the single client (OTR) of TCU is as own or potential one. Even if they aren't really interested there because resonance was weak: http://www.otrforum.com/showthread.php?75107-Transfer-der-Aufnahmen-in-UltraUpload-io

Sometimes I get the impression that TCU is either a complete fraud or living in an alternative reality.

Just one example: While bragging about their "Persistent Legal Department" they mention: "Sued by major European Pay TV operator Premiere (now Sky) 2004, pending at European court".

Well, what did happen in short? The guy posting here created a platform for distributing TV streams ("CyberSky-TV"), mostly based on P2P. So far, so good. The issues start with the beginning, because if you are not the owner of content you can't distribute it to your likings. It's usually up to the owner to decide this. It's called "copyright" and it keeps business possible. Anything else ranges from pure socialism to communism or just China in their worst cloning days.

It gets even worse when you start distributing an encrypted signal of pay TV. That's what was done. Any sane mind will tell you that this is a bad idea and just illegal. Because if it wouldn't be they can close business instantly.

You may also see immediately the conflict here. TCU wants do to business on their own, wants your money and still they don't concede this to others. They just grab what they want, the property of others and try to turn it into revenue, even if they fail all the time. Things maybe would morally be different if this had been some underground piracy group with no interest in making money. But it wasn't.

Obviously TCU/Ciburski lost the legal battle and wasn't allowed to stream Premiere/Sky ever after. Strangely they still consider this as good advertising for their "Persistent Legal Department", even if the opposite is true. Strange view of things indeed. Proof: http://www.digitalfernsehen.de/Premiere-setzt-sich-vor-Gericht-gegen-Cybersky-TV-durch.news_716008.0.html This sentence is final and after all these years nobody is expecting something here. But TCU is still selling it as a win in opposition to the truth.

Speaking of wins and success: "Cybersky-TV" doesn't exist any more.

So you may discover part by part what you are dealing with here.

It seems like there's at least lots of controversy about your past performance. I may come back to that later, but let's move on to other important issues.

Generally speaking, I understand that your company put together and owns the ultraupload software. How well is this software received by the market? How many users do you currently have on your platform?

Moving the ultraupload service to the blockchain seems like an interesting idea. But do you have any experience with such a project? What are your companies' skills in the blockchain field? Do you have any references? How many employees are used to develop this?

Thanks, Chris

why this thread turned in a conversation with an ceo and an ex-shareholder. where is the developer team of this project. very curiously.

OK, again just a lack of knowledge on your site. Easy to explain.
The patents rights were special. They were estimated to 17 Mio. € by two independent experts. We brought that into the company as a non cash contribution during foundation of the company. And cause I learned arguing with you is like a chessgame: your next move will be "this patent was worthless, how can you do that? :-)" So be sure, the value of that patent was also checked by tax authoritis in a 6 year legal battle we have won! The result of that battle was, that they did not get back claimed 600k, but vice versa we got that 600K from tax authority. Thats why that immaterail value was from the beginning in the balance.
If you have doubts that self developed software can never be activated in a balance, please ask any tax expert. There are some exceptions however, but as you know german tax law is complicated. The avaerage rule is "impossible" cause otherwise any software company would claim highly annual depreciations and reduce profit tax.

You had doubts that we did not release the TV app? we did. The Samsung tv  blocking app is ready and working. Samsung Germany was excited, but Korean Headquarter stopped the public availability. Some big deal behind the scene was made with that app. No idea, what exactly happend. Maybe a deal between Samsung and broadcasters like "we don`t do that, so we expect this".. Other gatekeepers like Philips or LG said from the beginning of negotiations, "no we can`t do that", we need a good relationship with broadcasters for a lot of other projects. Samsung also saw legal risks, cause they have market leader position and such an app could endager the future of the dual system of german/intl. TV. In the BGH judgement you can read "as long as the existence of private broadcasting is not endagered". We will never know the true reasons however, fact is, we still have no OK or NO from samsung since 2 years. As Imentioned before,also Apple TV announced "Ad blocking" as the next big thing in TV industry and never released a model..Our app is currently only running on tizen and would not endager private broadcasters, but as said before, the true reasons for the reaction of samsung is unclear. Fact is, we realized the product.You can install that app with an USB stick manually in your TV, but this is quite complex.

As you might notice, no other company realized a tv ad blocking system. Its a difficult market. We had the chance , we were member of samsung developer application infrastructure, all we need is a strategic decision from samsung.

See above. again you were wrong. We did not ly. Again every single word in our adhoc was true. Please ask first and avoid your wrong conclusions.

Again, that forum is of no interest for me, cause as CEO I amnot allowed to post there andI am blocked. You are constantly spreading lies and other teach you again and again were you are wrong, even better than I could. Its a waste of time to discuss with you, cause you have other motivatiuons than to be informed. If you want to talk with us, we have 4 support channels, facebook, email, phone, messanger...you don`t use any of them, cause you want to stay anonymous. With your false allegations you spread (against yous better knowing) and the crimes you did, its maybe a good decision.

See above..if you have questions, why not grab a phone. You can call as "Mister X", not saying you are Apfelbonusmeile. You can surpress your phone number. Dont play a role, of that poor uninformed shareholder. Again, your intentions are obvious. And as said before, Bafin (financial regulation) told us to reduce the number of adhocs and not to abuse the adhoc system as an advertsing tool.

Maybe they pay for it. Again, you can post your questions here: https://www.facebook.com/tcuag/ or by email or phone.
 

You are right. His account is a special one.I guess he pays for posting.
I told you yesterday evening, that we are constantly in close contact to a lot of shareholders. That we answer any questions. This last sentence is the finaly proof, that - no matter what I say - you constantly repeat same lies. Again my questions. Please answer. Why are you such an hater? What is your motivation? When did you loose money due to TC? Please explain yourself.

In the past you did put patents that were essentially worthless into you balance sheets. Just to inflate the numbers.

And now you are telling us that this is and was illegal?


Really? Lets do a little reality-check:


-> http://telecontrol.de/hv-2015.html

(In general you are a mastermind of entertaining hopes. Anyone can see just by digging a bit and finding out what happened after almost any announcement of you company...)

In short: at the End of 2015 you did announce an APP, the next bing thing. As part of your "TeleFairy"-Project. You said that the product would be ready for the market. Exactly your words. You may even release it in 2015. And you were eager to start it. Now it's 2018 and nobody has ever heard again from that thing. So we caught you lying.

In the German message board there was a big fuzz about that product, those who had still hope that you may get something right were constantly posting about it. This went on for months. No way you could have missed this, especially since you admitted here that you are monitoring that forum. Since it's the largest community in Germany to discuss the stock market you would be stupid not to.

Simple question: Since you knew about the discussions in that forum for so long and all the open questions as well: Why didn't you just release some Ad Hoc / newsletter / whatever_you_want_to_call_it that was addressing these issues? I mean communication is a way of maintaining a relationship. Especially after being a disappointment for so many shareholders so many times as you were and are. There are ways for sure. You went silent for months and even years. And don't tell me that you have those annual reports. They're just your damn duty and even that you don't get right.

Next question: You said you weren't allowed to take part on that discussion board. But why are other CEOs able and allowed to participate there?

Proof: https://abload.de/img/screenshot_20180911_1focec.png

This one seems to be quite active. But also his company seems to be doing well.

Conclusion: You never tried to communicate things. You never cared. Probably because you aren't looking very well in any scenario.

And all you have now are lame excuses. Seems to be proven.

 

Yes, what I said. Even cause its OUR technology we can not activate it in the balance.
If we would have bought or licensed that technology from another company, than it woul be possible



How do you know, that the facebook code is owned by facebook?
We are public listed company. Any single word in our adhoc messages must be true or otherwise we go to jail.
So please read our public adhoc message: https://www.pressetext.com/news/20180827030
or the german version: https://www.finanznachrichten.de/nachrichten-2018-08/44631357-pta-adhoc-tcu-ag-snowden-coin-com-ico-fuer-ultraupload-io-beginnt-im-september-2018-tcuag-gibt-wertpapieraehnlichen-crypto-token-zur-blockchain-ent-015.htm

The UltraUpload.io Code is 100% owned by us, TCU AG Koblenz.

The latest earnings report from your company shows exactly this:

https://pasteboard.co/HDnVKMq.jpg

And now you what to tell me 2 euros is wrong? Please explain.

How do we know if what you say is right regarding ownership of technology?


I'm not sure about capitalizing intangibles according to German GAAP, but I will ask a German colleague after lunch. But it seems rather strange that this is forbidden. I will come back on this.

Hi Chris,
thanks for asking. No , in germany its totally forbidden to activate assets like software or technology, know how or any similar assets. We own technology 100% without any debts or dependencys. 2 Euro is also wrong. See bank acount level, our cashflow is healthy, so our reserves.
Best Regards Guido

I kind of like the idea of what you are doing.

However, checking your current financials was quite a surprise. Even though my German is very bad, your current earnings report seems to show that all your intangible assets amount to 2 (in words: two) Euros. Additionally, all you tangible assets only total approximately 14k Euros.

How does that match you stating the technology is all yours???


The software companies I know of either sell what they are doing or capitalize it in the balance sheet. You literally have close to zero intangibles.

Can you please explain?

Chris