Topic: [ANN][Token] Bycom: By COMmunity Scam Solution (Read 195 times)

About the fact that most projects are fraudulent - you are right. But, how do you prove that you can be trusted? How will you identify fraudulent projects. They are very well able to disguise.

I think Bycom is the great project and potential because it develops tools and mechanisms to help the community identify and avoid those scams.

do you plan of swapping bykor to bycom?

On Friday September 21st, CryptoHub was supposedly subject of a hacker attack. Their exchange was shut down for that reason. Their official statement said that Waves tokens were not affected by this attack (Bycom is included there), but that other kind of assets were and for that reason they are going to reimburse users with the 72% of their holdings converted to BTC. We, as Bycom, have many questions. We, as Bycom, don’t approve that approach, since it makes users carry with the loss product of their (lack) of security measures.
Join us on our vision to combat scams. If you have been affected by the closure of CryptoHub, please fill this form in. We will be glad to welcome you on the Bycom Community giving you the first 50K Bycom tokens if you qualify:
https://docs.google.com/forms/d/e/1FAIpQLSf7nYZQiiUgBJNdxMJLUPqUnkO5TvNu_JwtvwSIKRweUB9AmA/viewform?usp=sf_link

You must complete this steps:
1. Fill this form
2. Follow Bycom official account on Twitter:
https://twitter.com/bycom_official
3. RT the pinned tweet about this program
4. Join our Official Telegram Room:
https://t.me/bycom_official

Additional information:

• Who recovers 100% is not considered affected.
• We have allocated 500 Million Bycom for this action. Once those 500 Million are reached, we will stop accepting new forms.
• Once the program is completed, all the information received, i.e. email addresses, wallet addresses and all personal data will be destroyed.

Goals of this action:

• Encourage Cryptohub's buyout by giving support to it.
• Give the Cryptohub community some compensation for their losses.

BY COMmunity Core Team

Nice project already have a bag of this coin, hopefully will empower the investor to be able to avoid a few scams via the blacklist and their others features.
keep the good work!

BYCOMNectttt

Thank you very much for your comments. In fact, BYCOM has born by the affected scam of BYKOR.
We had to copy the BYKOR specifications to granted the AirDrop, and there is where we have made a mistake.
We really appreciate your remark, and it’s allready corrected.

Regards

BY COMmunity TEAM

Join Us on Twitter For News: https://twitter.com/bycom_official
Chat With Us On Telegram: https://t.me/bycom_official
Bycom Community Telegram Update channel: https://t.me/bycomupdates
Website: https://bycom.io

so, what's this BYKOR? R & M are too far from keyboard set-up for a typo-error. 

or from same group that created BYKOR?

You are right. It might be a difficult task to discern what projects are legit and which ones are not. It is not only about having authority or not. It’s also about research and having some criteria set to make the decisions. It is on the best interest of the project and ourselves to be able to make the right choices since one of the benefits of holding Bycom is that it will work as some kind of insurance to cover investors in case they invest in fraudulent projects. No insurance would like to cover the losses if the project is legit.

Regards

BY COMmunity TEAM

Join Us on Twitter For News: https://twitter.com/bycom_official
Chat With Us On Telegram: https://t.me/bycom_official
Bycom Community Telegram Update channel: https://t.me/bycomupdates
Website: https://bycom.io

Fighting fraudulent projects is a good thing. But, on what basis will you decide which project is fraudulent, and which one is not? Who gave you such authority? In order to influence the opinion of investors, you need to earn authority. But, I support the idea.

We are glad to announce that a NEW EXCHANGE will list #BYCOM next week! On Monday Sept. 10th we will update the info. Stay tuned!

Join Us on Twitter For News: https://twitter.com/bycom_official
Chat With Us On Telegram: https://t.me/bycom_official
Bycom Community Telegram Update channel: https://t.me/bycomupdates
Website: https://bycom.io

Thank you.

BY COMmunity TEAM

BYCOM TOKEN

Project

Bycom was born after some developers/entrepeneurs decided to work together because they were fed up of seeing multiple scams on the Crypto Community.
They pointed out that investors were completely powerless after being hit by a scam project and that there should be some measures taken to prevent that.
We know that it is impossible to get rid completely of scams but want to give investors some weapons to fight them and prevent being harmed like:
• Making a public blacklist with scam projects.
• Develop tools and mechanisms to help the community identify and avoid those scams.
• Provide those affected with a healthy token, under constant development and research and with intrinsic value.

Make those affected communities recover faith and trust is the fuel that helps us move further.

Financial & Economic Situation

The team agreed that sometimes ICO’s are untrustful. We all know that not all ICO’s complete the process, many leaving investors empty handed, and some that complete the process successfully, don’t have any real life application. Many times you find that some are also scams.
That’s the reason why we have decided to receive our economic resources directly from the tokens on sale in the available exchanges.
This will allow us to offer a token with intrinsic and real value. That value will be decided by the community deciding if they buy it or not.

Exchanges

At the moment, Bycom is available on the Waves Platform. We are working on getting the token listed on more exchanges to provide liquidity.

Disclaimer

There is no relation whatsoever between Bycom and those Scam projects elected for having investors compensated. We will not burn any of those scam tokens. We will just point those out so that no new investors are caught unknowingly.
Anyway, investors are free to decide what to do regarding those scam projects.
We won’t assume any responsibility on the economical damage that those scam projects could have caused their investors. We offer a new token with intrinsic value to those investors affected by scam projects so that they can at least recover some of the investment lost.

BYCOM Specs

Token Standard : WAVES TOKEN
Token Name : Bycom
Decimals : 8
Contract Address : https://wavesexplorer.com/tx/5q8NgjVZQcmfFWaHmLjhXD5D4sgrX5rm6MWu1ThWhk1F
Total Supply : 75,000,000,000
Burn : possible
Mining : Impossible
Reissuable: Impossible
BlockExplorer : http://dev.pywaves.org/assets/5q8NgjVZQcmfFWaHmLjhXD5D4sgrX5rm6MWu1ThWhk1F
                    http://dev.pywaves.org/assets/bycom

Coming Soon

We have created a roadmap with the different goals we want to reach during 2018.
Starting with the first token distribution all the way to unveiling our White Paper depicting the project.
We have also thought and allocated a large amount of funds for both Marketing and Research and Development of our product. We want to provide our project with the tools needed to keep on giving greater value to our investors.
We have also decided that we might also Burn some tokens to reduce supply depending on some factors, one being the number of tokens distributed via Airdrop.
And lastly but not less important, we would like to thank the Bycom Community for the great support that has been shown from the beggining. That support has made all the team to work really hard and to have all this ready in such a short amount of time. Your support make us keep on fighting for all of you guys!

Links

Join Us on Twitter For News: https://twitter.com/bycom_official
Chat With Us On Telegram: https://t.me/bycom_official
Bycom Community Telegram Update channel: https://t.me/bycomupdates
Website: https://bycom.io

Thank you.

BY COMmunity TEAM