Be careful: STORM could turn into scam

BigBoy89

legendary

Activity: 1512

Merit: 1011

Quote from: stormtoken on October 24, 2017, 12:25:24 AM

Hi everyone!

I am really sorry for all of the confusion regarding our especially lengthy bounty campaign! We could not thank you enough for your continued support of our project. Without all you guys, the widespread exposure we have received would not have been possible.

I want to clarify a miscommunication on our end, an error that I take responsibility for. In the bounty program, Tokens=Stakes.

For everyone that has been worried that they would not be fairly rewarded for their time and effort, I hope this clears things up. If you have direct questions, feel free to PM or message me on Telegram!

Thank you for your answer and that the whole mess become just a miscommunication.

I edited OP with your response and closing the topic now as raised concerns are solved.

johnsm79

full member

Activity: 224

Merit: 101

trade.io - Join the Trading Revolution

Quote from: BigBoy89 on October 21, 2017, 05:48:48 PM

Hello,

Recently I was planning to invest some coins into STORM (https://bitcointalksearch.org/topic/ann-storm-token-earn-free-cryptocurrencyico-2006999)

But then I notice they totally fucked their bounty program (https://bitcointalksearch.org/topic/bounty-ico-storm-token-900k-users-2005611):

They allocated 50,000,000 STORM for the bounty campaign. But recently they've changed counting system from STAKED to TOKENS. This mean they want to pay 1000x less!!!

IMO this is first sign of pure scam behavior and I will not trust them my hard earned coins.

http://archive.is/NgKBv

http://archive.is/syh7Q

Most likely they did a mistake in the wording. Amateurs don't understand the word stakes. I had to explain it to many people, and if someone was reading different bounties without hard experience, he just made a mistake.

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Quote from: korkyqq on October 21, 2017, 06:20:44 PM

Not you again...

Follow the rules mouthy noob. (you are garbage posting / trolling)
Be grateful i addressed a 3 post shit account here.
You are nobody.. and know nothing.. and probably a puppet / sock shill account idiot.

You are "ICO" fraud pushers for BITCOIN PROFITS.
Just.. one.. more... ICO..

Trust me we gunna be richez yo !!!111ONE

Topic:
You all babble about scams and FUD and trolls etc.
Problem is you don't have a clue what those words mean.. nor will you talk about it either.

What is a scam ?

Care to explain HOW this "coin" will "turn" into a "scam" ?

eastwind_ja

hero member

Activity: 910

Merit: 500

Quote from: stormtoken on October 24, 2017, 12:25:24 AM

Hi everyone!

I am really sorry for all of the confusion regarding our especially lengthy bounty campaign! We could not thank you enough for your continued support of our project. Without all you guys, the widespread exposure we have received would not have been possible.

I want to clarify a miscommunication on our end, an error that I take responsibility for. In the bounty program, Tokens=Stakes.

For everyone that has been worried that they would not be fairly rewarded for their time and effort, I hope this clears things up. If you have direct questions, feel free to PM or message me on Telegram!

scared me too , glad we finally got the response from official team , has the storm ICO started already ?

stormtoken

full member

Activity: 127

Merit: 100

Hi everyone!

I am really sorry for all of the confusion regarding our especially lengthy bounty campaign! We could not thank you enough for your continued support of our project. Without all you guys, the widespread exposure we have received would not have been possible.

I want to clarify a miscommunication on our end, an error that I take responsibility for. In the bounty program, Tokens=Stakes.

For everyone that has been worried that they would not be fairly rewarded for their time and effort, I hope this clears things up. If you have direct questions, feel free to PM or message me on Telegram!

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: BigBoy89 on October 23, 2017, 06:43:53 PM

From my communication with @stormtoken, they will return Stakes as bounty counting and the whole mess is some team miscommunication.

IMO this is the right move to do the things right. I'm not in the Bounty campaign, but I'm always looking for red flags before investing.

I know a long time ago, that stakes is also the same as tokens from their end.
So changing the words on their bounty campaign thread such as this might create confusion with others that haven't got in touched or haven't been following with the team.
I know their campaign is very long already that participants haven't seen their fruits of labor yet, but, my impression is that they are legit.
Joining conferences everywhere and doing their stuffs in legit way that's why they are taking so long.
And if you're not really patient enough, you will just remove yourself from their bounty campaigns as you don't know when and how much you're gonna get paid.

CryptoRobert

sr. member

Activity: 1015

Merit: 289

This is really surreal, and stupid beyond imagination! As soon as investors find out that the team would have no problem screwing their own advertisers, they would stop to trust them at once. Unless that's just a stupid typo mistake...

mikyadel

full member

Activity: 448

Merit: 100

Arabic Translator

good to know that .thanks for sharing

bitcub

sr. member

Activity: 952

Merit: 250

OMG this is sad , I thought this is a huge potential project as one of its adviser is Bittrex CEO. I also have a stake with their Twitter campaign. May be I should check my stakes. Thanks for the heads up.

Quote from: BigBoy89 on October 21, 2017, 05:48:48 PM

Hello,

Recently I was planning to invest some coins into STORM (https://bitcointalksearch.org/topic/ann-storm-token-earn-free-cryptocurrencyico-2006999)

But then I notice they totally fucked their bounty program (https://bitcointalksearch.org/topic/bounty-ico-storm-token-900k-users-2005611):

They allocated 50,000,000 STORM for the bounty campaign. But recently they've changed counting system from STAKED to TOKENS. This mean they want to pay 1000x less!!!

IMO this is first sign of pure scam behavior and I will not trust them my hard earned coins.

http://archive.is/NgKBv

http://archive.is/syh7Q

BigBoy89

legendary

Activity: 1512

Merit: 1011

From my communication with @stormtoken, they will return Stakes as bounty counting and the whole mess is some team miscommunication.

IMO this is the right move to do the things right. I'm not in the Bounty campaign, but I'm always looking for red flags before investing.

helloeth

newbie

Activity: 34

Merit: 0

Wow thanks for the heads up. Teaches people to be more caution investing into unknown projects. Learn from mistakes and history. Good luck.

Angelia46

member

Activity: 238

Merit: 10

The Experience Layer of the Decentralized Internet

Thank you, my friend, I would have liked to invest in this project
but now I need to take a good look again

BigBoy89

legendary

Activity: 1512

Merit: 1011

Quote from: DAVETUN on October 22, 2017, 05:56:52 AM

-snip-
let always do personal research before concluding that an ICO is a scam,they have issues with the bounty not the ICO dont think it nice of you to condemn there project, thou it not nice they change the pattern of payment for there bounty.

This is exactly what I'm doing before investing in any project - do a personal research. Checking topics - ANN,Bounty all socials, shill accounts, etc.

If they change the Bounty payment silently, without any announce, then later they could do the same with main project and any other aspect. IMO this is shady behavior and I'm just warning people. Everybody could choose to invest or not.

Bastime

sr. member

Activity: 519

Merit: 250

Thanks for the share man, this will save participants of doing for nothing.
Spammers can be easily detected because of this community where everyone speaks and listens. Kudos and cheers!

necas

member

Activity: 62

Merit: 10

I need to read a little more to participate Grin

liangweicha

member

Activity: 238

Merit: 10

The Experience Layer of the Decentralized Internet

I think this project is not particularly tricky, so I will not participate

Nelly.G0211

full member

Activity: 434

Merit: 103

Eloncity - power the world for free! /eloncity.io/

Quote from: DAVETUN on October 22, 2017, 05:56:52 AM

Quote from: redhondaxrm125 on October 21, 2017, 06:53:55 PM

Quote from: BigBoy89 on October 21, 2017, 05:48:48 PM

Hello,

Recently I was planning to invest some coins into STORM (https://bitcointalksearch.org/topic/ann-storm-token-earn-free-cryptocurrencyico-2006999)

But then I notice they totally fucked their bounty program (https://bitcointalksearch.org/topic/bounty-ico-storm-token-900k-users-2005611):

They allocated 50,000,000 STORM for the bounty campaign. But recently they've changed counting system from STAKED to TOKENS. This mean they want to pay 1000x less!!!

IMO this is first sign of pure scam behavior and I will not trust them my hard earned coins.

http://archive.is/NgKBv

http://archive.is/syh7Q

Damn. Thanks for sharing this man, i almost got scammed. :/
Was really thinking of investing because i was hearing a lot of great news about this STORM coin. Even my friends told me its great that's why i read it and find its project really interesting. But now im having second thoughts. Amd probably think of not investing. Because i don't wanna lose my hard earned money :/

let always do personal research before concluding that an ICO is a scam,they have issues with the bounty not the ICO dont think it nice of you to condemn there project, thou it not nice they change the pattern of payment for there bounty.

indeed it's not nice.. unfortunately almost all the devs and managers are not very polite and respecting when it comes to bounty participants, of course we don't give them any money, but we give them time. and only a person who has never participated in any bounty campaign thinks it's not time consuming at all.. i wonder what would they do without us.. how much would they have to pay to pr agencies, and real money.. just sad.. i have been participating in this program for almost two months, maybe more, and now they are changing the payment rates.. wtf..

Nelly.G0211

full member

Activity: 434

Merit: 103

Eloncity - power the world for free! /eloncity.io/

i think either they are going to fool people or they are having problems.. they postponed the ico, thinking it's a nice idea?? if i were going to invest in this company, i would have changed my mind because of this delay.. it's very suspicious..

DAVETUN

full member

Activity: 728

Merit: 101

Bitcoin is the currency of this age

Quote from: redhondaxrm125 on October 21, 2017, 06:53:55 PM

Quote from: BigBoy89 on October 21, 2017, 05:48:48 PM

Hello,

Recently I was planning to invest some coins into STORM (https://bitcointalksearch.org/topic/ann-storm-token-earn-free-cryptocurrencyico-2006999)

But then I notice they totally fucked their bounty program (https://bitcointalksearch.org/topic/bounty-ico-storm-token-900k-users-2005611):

They allocated 50,000,000 STORM for the bounty campaign. But recently they've changed counting system from STAKED to TOKENS. This mean they want to pay 1000x less!!!

IMO this is first sign of pure scam behavior and I will not trust them my hard earned coins.

http://archive.is/NgKBv

http://archive.is/syh7Q

Damn. Thanks for sharing this man, i almost got scammed. :/
Was really thinking of investing because i was hearing a lot of great news about this STORM coin. Even my friends told me its great that's why i read it and find its project really interesting. But now im having second thoughts. Amd probably think of not investing. Because i don't wanna lose my hard earned money :/

let always do personal research before concluding that an ICO is a scam,they have issues with the bounty not the ICO dont think it nice of you to condemn there project, thou it not nice they change the pattern of payment for there bounty.

biletskiy

full member

Activity: 434

Merit: 100

My friend this is a pity!!!
The Storm is just spit on people...
You can try bounty of crypto.tickets! I can say that this company have great idea and already received 1 600 000$ on ICO.

Topic: Be careful: STORM could turn into scam (Read 823 times)