Edit: reasons to support the
flag on Coinsbit are summarized
here.
I looked into it a little bit.
https://coinsbit.io/invest-box"It’s NOT Pyramid/HYIP, all payments are made from
special fund."
Oh, a special fund! That's so much better!!
About IGOS token (offering 3.5% tokens "interest"):
IGOS - Official token of
iGO Tech LtdIts a
WAVES token... Costs exactly 1 WAVE ($0.72) to make 100,000,000 tokens.
- home page uses generic graphics seen on a hundred other ICO web pages
-
white paper plagiarizes several sources (don't have time to list them all)*
- team founders and CEO likely don't exist
- no social media profiles of any team member
*To be fair plagiarized parts are only language surrounding the idea and not the technical aspects of the idea itself -- those parts seem to be original. Regardless, its certainly not something I would consider investing in.
You have to buy $200 worth of their token to take part in "Investbox", and then after a week you will get a 3.5% "bonus" in the form of tokens. Hard to tell if it compounds or not. Basically its a way of suckering people into buying into their ICO (IEO, whatever).
Basically all of the "investbox opportunities" look like ways for IEOs to raise funds by promising their investors a little extra. I'd have to register a Coinsbit account to find out the details about how it works.