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Topic: Be careful on project that changes contract address like liker.world (Read 432 times)

full member
Activity: 823
Merit: 104
I also do not like change their smart contract. It makes me feel confused and distrusting the project, in many cases the price will drop a lot when the project wants to change their contract. Like the Blockburn project I've seen
legendary
Activity: 3094
Merit: 1468
I totally hate this! Team do this regularly that they are changing  the contract and swap is avaiable only for limited time, so many people miss it and your tokens become worthless!

We may think like it but its also up to us to stay updated with what's going on with the project. I think swapping thing should always be automatic and distribute according to the ratio since they have the list of tokenholders. Why just asking tokenholders to apply for the swapping when you can do it on your own.

It sometimes feel like projects want it get some tokenholders who aren't updated.
sr. member
Activity: 966
Merit: 254
I totally hate this! Team do this regularly that they are changing  the contract and swap is avaiable only for limited time, so many people miss it and your tokens become worthless!
full member
Activity: 1848
Merit: 158
After taking these kind of important decisions without any notice likerworld team has given so many reasons to not trust on their project If they have really done that. You must try to contact the team through their reasonable sources as much as possible maybe they could give you some concession regarding this if they're not scammers.

They are scammers from the start, I have followed their campaign, they are not communicating with bounty hunters and investors, they have an independent manager to do that for them via an announcement, please don't have a second thought that they are not scammers try to visit their channel and you'll see two months and there is not one single update.

so they are already transparent a long time ago that they are showing to be scammers on the loose. a sincere project will inform all their stakeholders for what's going to happen on their project. if they are not honest about it and you just found out they changed their contract address without informing their investors or holders, then that's really big red flag. if they did that, the old tokens will be useless and can't be traded in the exchanges. it would be hard for all those old token holders to chase these new owners. unless, they have good agreement with the previous owners to take care of those old contract address and just do the swap but seems in this case, is bit hopeless.
legendary
Activity: 3094
Merit: 1468
I follow Telegram group of this project. It seems that they have sold their project. New team decided to swap token to new contract address without any announcement. Obviously scam project, your Likerworld token become useless just forget it.

Worse kind of scammer. I would really be surprise if the exchange that listed them will still add the token after all the team did.

One project that seem to have changed their token contract but they were very much active and not scamming though.  Jarvis reward token did a bounty campaign here in the forum but eventually made it. There could be reason about the change of contract but they seem to have distributed the tokens still to the bounty hunters. Now they are already in the exchange.

Interesting. Old project members thought of selling the project and sold to someone new so IMO responsibility of handling investors should lie on the heads on new owners. Who knows? Maybe they changed it to the new ticker and contract address in order to ditch all the investors and scam all their money invested and come out clean with new project and posting as a new team behind it.

The current owners or members should handle it out with swapping. They are the ones responsible since they bought the project.
member
Activity: 266
Merit: 16
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I believe OP is the one that missed out on the new smart contract info, this happens alot to people who don't follow social media channels or telegram group of the coins or tokens they keep in their wallets
member
Activity: 588
Merit: 10
After taking these kind of important decisions without any notice likerworld team has given so many reasons to not trust on their project If they have really done that. You must try to contact the team through their reasonable sources as much as possible maybe they could give you some concession regarding this if they're not scammers.

They are scammers from the start, I have followed their campaign, they are not communicating with bounty hunters and investors, they have an independent manager to do that for them via an announcement, please don't have a second thought that they are not scammers try to visit their channel and you'll see two months and there is not one single update.
Yes, you're absolutely right they are scammers because anybody can see that clearly, they are directly changing contract addresses without knowing the hunter's, and that action clearly indicates that their intentions were not good. As you said they were not communicating with bounty hunters means they have done this intentionally. Always better to do research before getting involved in any bounty campaign.
sr. member
Activity: 2002
Merit: 269
After taking these kind of important decisions without any notice likerworld team has given so many reasons to not trust on their project If they have really done that. You must try to contact the team through their reasonable sources as much as possible maybe they could give you some concession regarding this if they're not scammers.

They are scammers from the start, I have followed their campaign, they are not communicating with bounty hunters and investors, they have an independent manager to do that for them via an announcement, please don't have a second thought that they are not scammers try to visit their channel and you'll see two months and there is not one single update.
member
Activity: 1204
Merit: 11
After taking these kind of important decisions without any notice likerworld team has given so many reasons to not trust on their project If they have really done that. You must try to contact the team through their reasonable sources as much as possible maybe they could give you some concession regarding this if they're not scammers.
sr. member
Activity: 1456
Merit: 251
Every project update must be transparent unless they cover it or you don't know the detailed information on the telegram. But after I reviewed this project only has an exchange with p2pb2b, it seems very doubtful and the indications this project will end up scam.
hero member
Activity: 2800
Merit: 595
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I follow Telegram group of this project. It seems that they have sold their project. New team decided to swap token to new contract address without any announcement. Obviously scam project, your Likerworld token become useless just forget it.

Worse kind of scammer. I would really be surprise if the exchange that listed them will still add the token after all the team did.

One project that seem to have changed their token contract but they were very much active and not scamming though.  Jarvis reward token did a bounty campaign here in the forum but eventually made it. There could be reason about the change of contract but they seem to have distributed the tokens still to the bounty hunters. Now they are already in the exchange.
copper member
Activity: 406
Merit: 1
I follow Telegram group of this project. It seems that they have sold their project. New team decided to swap token to new contract address without any announcement. Obviously scam project, your Likerworld token become useless just forget it.
sr. member
Activity: 644
Merit: 257
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There's no doubt this is a scam project, I myself still hold some LK tokens that I got from their Bounty signature Campaign, Seeing the Telegram channel they cannot access and there is no their latest update then that is enough as proof that this is a scam project. So you better just forget about this Likerworld project.
If they deliberately does not give any update on their change of contract then likely this is a scam project. Changing contract address is very rare unless they needed to do so to fixed or change up some plan on their supply, or about its token economics. Many have suffered on this kind of method like thorecoin that changes their blockchain and did not give chance to those who missed the swapping process. But thats their planned. So I can guess that liker world is no difference. They know this to avoid some buyers of the old contract to exchange their tokens but using same network of eth this should not be hard.
legendary
Activity: 3192
Merit: 1198
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I have a tag on this project because of the locked tokens, from the start they are doing a lot of bad things to bounty hunters and investors, I wonder how many investors they have, I have seen a lot of cooperation with other parties with this project, this is not the kind of project that you would partner with, their abusive behavior is showing it.
hero member
Activity: 2338
Merit: 757
With smart-contracts in ethereum, which is the most used to run ICO based new projects, the way to make great updates is to change terms in the contract which is not possible so there is no other way but to migrate to another contract with new conditions. Without announcing the address change to community, it becomes a confirmed scam or at least cases an unprofessional move which may infect the project reputation.
I posted in their ANN thread about the untold updates.
full member
Activity: 896
Merit: 108
This is a bad sign. When all the communication connections to connect to the team start to be disrupted, then it is very likely that they will actually leave afterwards. I see that their Twitter account also doesn't update too much, reporting important official information regarding the change. Get ready, and don't get your expectations too high with this. Good luck with you.

It's likely to become scam because I've experienced a project like that before. They changed their contract address (ERC-20) and did the swap on exchange with a difficult procedure. Most investors didn't know.
Often, swaps that are made do not provide a satisfactory ratio, right? what a dirty scheme.
member
Activity: 95
Merit: 10
It's likely to become scam because I've experienced a project like that before. They changed their contract address (ERC-20) and did the swap on exchange with a difficult procedure. Most investors didn't know.
fvb
member
Activity: 1470
Merit: 13
I'm surprised to find out they changed their smart contract without informing their holders and they do not have  contact us page and their telegram channel is already inaccessible, there's no announcement in their Medium or twitter account, now my Likerworld token that my friend gave to me is now useless, check the proejct you've invested if they have plan to change their contract address.

https://www.coingecko.com/en/coins/liker-world

https://news.p2pb2b.io/liker-world-updated-name-project-ticker-and-smart-contract/
A project that behaves in this way is a scam.  Faced with companies that changed the contract, but they sent participants tokens of another contract, in the same amount as it was.  But this is what self-respecting projects do, and in your case they are deceivers.
member
Activity: 952
Merit: 27
Checking their telegram channel there is no announcement of the token swap and it's going to be a very long wait for investors and bounty hunters, they are caught by surprise, there is no news of changing the smart contract and there was no news of a swap, this is definitely an exit scam a legit project will be transparent to all their stakes holders, but not Liker Cash.
full member
Activity: 1316
Merit: 108
Of course, it is very difficult to answer something in relation to a particular project, but I believe that it is impossible to negatively relate to all projects that change the address of the contract.  you can recall the history of the development of the Tron coin, which used the erc20 platform earlier, and today has its own personal blockchain.  In addition, swap conducted a lot of projects that have good prospects, such as Pundi X or HUBRIZONE.
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