BEWARE
Looking at the address on etherscan the owner of the smart contract has generated this and other token via Minereum Platform.
The same addess is owner of other two contract that was charged of scam alert, take a look at this transaction here:
- Rick-Roll token: https://etherscan.io/tx/0x57fe12d59d929ed5ad82eac06b7a994fa365c91fd38c0fb8d2e1a2404de316e9
- Snappy Coin: https://etherscan.io/tx/0xa49eacb46c8bba678fbc0a2ea965a989e4d9e539be24deda838848ed91edb3fe
The post on this forum of this coins now has beeen deleted or obsfuscated, but you can control the google cache page:
- Rick Roll token: https://webcache.googleusercontent.com/search?q=cache:4JgacCmm6H4J:https://bitcointalk.org/index.php%3Ftopic%3D2063587.0+&cd=1&hl=en&ct=clnk&gl=it
- Snappy coin: https://webcache.googleusercontent.com/search?q=cache:FEXxM4mZj5MJ:https://bitcointalk.org/index.php%3Ftopic%3D2060544.0+&cd=1&hl=en&ct=clnk&gl=it
Has you can see the post was created by the same users ninjagod. Now this post has been created by another user which use the same ETH address, so this user DOMAINBROKER and Ninjagod was the same.
BEWARE
Nice explanation, hope many people can learn from him.
Just small advise for beginner, before decide to invest in a ico project you should considering this
1. Read their whitepaper, is it real?
2. What's their plan
3. Team, who are people in their team and google it one by one
4. How much total suply
5. How much bounty
6. How much for development
7. How much for 1 token
from number 4 until 7 atleast you can predict price after ico ended