After exposing their scam, they removed the link to tokenomy part of whitepaper:
Website before:
https://imgur.com/quQBp1d
Tokenomy listed alongside the whitepaper
------------------------------------------------------------
Website now:
https://imgur.com/E35s2HH
Original tokenomy PDF for everyone to see:
https://ufile.io/e3tnv
Topic: B2B token scam / B2BX scam company with proofs (Read 124 times)
B2BX company with token B2B, website: https://www.b2bx.pro/ is a scam and below you will find proofs of it.
They collected money during ICO to develop a software which will in the end serve to create income for the company and increase the value of the token.
In their whitepaper there are 6 points on how the value of the token is to be increased. Here I will talk about only 2 main ones (none are fulfilled but these are main ones):
- In their whitepaper it is stated: "Starting from January 2018 the payment of commissions by all participants - members of the B2BX ecosystem will be accepted exclusively in B2BX Tokens." For over a month now there has been a daily volume of 1 – 3 million USD and no change in price. I made this post 3 days a go on their ANN page and token price is up 50-60%. To explain what happened: They have been doing wash trading and while accepting commission in fiat, they were buying tokens only from them selves. Check out this image (one of many) it shows they trade tokens in large quantities just below the organic seller price:
https://imgur.com/HxQt7Sg
They dont buy from organic market hence it has no effect on price of the token. After I made this post on ANN page, they started buying at least bits on organic market and price went up 50 – 60% overall.
- In their whitepaper they stated they will setup “active participants” club for anyone with 1000 tokens or above with different roles and 20% of net profit from commission will be distributed to these holders.
They officially changed this, so they are no longer obligated to accept anyone into “active participants” club and even if they do, they are not obligated to share 20% of net profit with them. Further more, entrance bar has been raised from 1000 to 20.000 tokens.
This mechanism was there to increase the value of token over time. Meaning, with this in order they would have less and less tokens in their hands and price would eventually go up.
Here is what their admin said about this when asked why arent there “active participants” roles for 1000, 5000 and 10.000 token holders:
https://imgur.com/G0N8BXf
Finally, even though I made a post on their ANN page, they have so far failed to respond in any serious way or dispute these claims. All they did was to start buying at least parts from organic market, thus making price jump by 50-60% ( thats something at least).
I would like to say that this company HAS a working product and this is not the part where they committed the fraud I talk about. They used investors money to develop the product with clear promise in whitepaper what they will do to add to the value of the token. Not only that they didnt fulfill their promise, they even changed parts of whitepaper so they dont have to share net profit with investors. Pure SCAM!
They collected money during ICO to develop a software which will in the end serve to create income for the company and increase the value of the token.
In their whitepaper there are 6 points on how the value of the token is to be increased. Here I will talk about only 2 main ones (none are fulfilled but these are main ones):
- In their whitepaper it is stated: "Starting from January 2018 the payment of commissions by all participants - members of the B2BX ecosystem will be accepted exclusively in B2BX Tokens." For over a month now there has been a daily volume of 1 – 3 million USD and no change in price. I made this post 3 days a go on their ANN page and token price is up 50-60%. To explain what happened: They have been doing wash trading and while accepting commission in fiat, they were buying tokens only from them selves. Check out this image (one of many) it shows they trade tokens in large quantities just below the organic seller price:
https://imgur.com/HxQt7Sg
They dont buy from organic market hence it has no effect on price of the token. After I made this post on ANN page, they started buying at least bits on organic market and price went up 50 – 60% overall.
- In their whitepaper they stated they will setup “active participants” club for anyone with 1000 tokens or above with different roles and 20% of net profit from commission will be distributed to these holders.
They officially changed this, so they are no longer obligated to accept anyone into “active participants” club and even if they do, they are not obligated to share 20% of net profit with them. Further more, entrance bar has been raised from 1000 to 20.000 tokens.
This mechanism was there to increase the value of token over time. Meaning, with this in order they would have less and less tokens in their hands and price would eventually go up.
Here is what their admin said about this when asked why arent there “active participants” roles for 1000, 5000 and 10.000 token holders:
https://imgur.com/G0N8BXf
Finally, even though I made a post on their ANN page, they have so far failed to respond in any serious way or dispute these claims. All they did was to start buying at least parts from organic market, thus making price jump by 50-60% ( thats something at least).
I would like to say that this company HAS a working product and this is not the part where they committed the fraud I talk about. They used investors money to develop the product with clear promise in whitepaper what they will do to add to the value of the token. Not only that they didnt fulfill their promise, they even changed parts of whitepaper so they dont have to share net profit with investors. Pure SCAM!
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