Topic: Is CitiOS (R2R) gone for good? (Read 442 times)

Ok so Malcolm Tan (legal advisor) suddenly reached out to me on Facebook, but when I asked him about CitiOS, he just seen it and "unread" it despite it says that he already "seen" my message.

I have to public our conversation because he's the only person right now who is active and knew what was going on in CitiOS (and I assume the real guys behind CitiOS are anonymous), and every community member has the right to know because they've invested in CitiOS token (and also the time and effort by the bounty hunters).

He has an inactive Facebook account, so he's just using messenger only.



By the way, I am not friends with him on Facebook (not even on LinkedIn). But I don't know why he reached out to me in the first place, because my good friend and I are friends on Facebook. I just only knew he was with my good friend Veronica (CEO and founder of Unifinity.io) in Manila last time in a rooftop bar before the pandemic began. Oh, and I just find out that Malcolm is also on Unifinity's team page as Singapore partner! I only checked his message in the filtered section. He's also a legal advisor in IATokens, which their website is no longer active.

Their CitiOS website is still not updated, especially the team which Manas Ronghe isn't a part of the CitiOS team anymore. R2R token isn't doing well on Probit and P2PB2B exchanges as well, completely dumped. No updates in their TG too, as we are still blocked from sending messages.

Their promise for bounty hunters hasn't fulfilled until now. Suppose to be the 6-month lockup would expire on June 2020, but we are close to October now and still waiting. Delays are inexcusable, because we've waited for 6 months already which was already long enough.

This is serious. This coin went very high and now zero trading volume. My friend had a high hope on this project, I don't know how he will fair now after seeing that this project is half dead. Reason I stop jumping on new projects with their frivolous promises.

That what was I thinking. The team are faking its volume in order to attract possible trader to able to gather some funds to be used for funding the projects because their ICO or IEO went unsuccessful or something like that. And I think CitIOs is associated with another real state project IAT which unfortunately have faced the same faith like citios.

lol what's the next joke? i don’t know why they making partnership all of those shit exchanges. You know already CitiOs(R2R) listed a few lower quality exchanges, actually there're no volume. And now you mentioned another shit P2PB2B. I heard bounty distribution will happen within next 2 months but will pay 50% most provably.                  

The team is probably delaying it until liquidity arrives on their tokens. But their listed exchange is not a good choice, they probably suprise that this market does not make any volume. I believe most trades that happening on new listed tokens are just market maker by p2pb2b so no natural volume held there. I think you should not expect about this project anymore and just move on, even paying your participation if there is no market then its no use at all. Sorry for your suffering and all those who joined that campaign.

UPDATE: I just found out that they silently list CitiOS (R2R) in P2PB2B.io.

Trading pair here: https://p2pb2b.io/trade/R2R_BTC

No trading volume so far in P2PB2B. As for Probit, the token dumped to $0.16 from $0.52 with 0.08 BTC trading volume.

As of now, no word from them about distributing tokens to bounty hunters after 6-month lockup period that already ended last month.

Bounty manager arteezy.rtx did said there might be a “delay” again in distributing the reward. If they do gonna distribute later on, I’m expecting a massive dump anyway since they don’t have any social media updates to the community. 

Yes I did mate. They only come out from the dark after legal advisor Malcolm Tan replied to Ezio's post claiming that CitiOS is not dead. So coming from Malcolm himself who has a good reputation in the legal side of crypto and blockchain, he replied to Ezio that it's far from "dead".

And listing R2R on Probit is something that I wanna monitor regarding their trading activity, whether if it's just wash trading, etc., after no more trading activity in 4 of the exchanges that they initially got listed.

Now this tells me that regulation is necessary and needs to be pushed and implemented accordingly. We are still vulnerable from being scammed by these so-called promising projects. I definitely want new startups who are planning to conduct token sale to be regulated by the government in order to protect us from getting our funds stolen and exit scammed. However, this process may take a long time to finally be implemented.

Startups keep coming and going. Only a handful of them would stand out to last long or become successful in the long run.

Did you joined their bounty? I think there are some projects arteezy that did not pay also in the past. If its 6months waiting I think hunters must considered it as thank you or free promotions. This will be the same output on xdb that did not pay their actual dues on hunters. There are too many project like this one and usually ended up scam or not going to pay their participants.

Or yet even they pay them, the value is worthless and not valuable anymore.

And I can confirm that bounty manager Arteezy.rtx still has direct connection with the CitiOS team. He mentioned that there will be some delay and contacting them the following day regarding the updates about the distribution date, etc. Well, today is that day and Arteezy will be the one to give us updates instead of them. They are relaying messages to Arteezy, making him the middleman of the conversation. Another TG admin named Lhaiyne is also inactive.

It's not a good excuse that due to COVID-19, they can't take time to connect with the community. Only their legal advisor Malcolm Tan responded yesterday after a long period of activity and that's it.

They didn't explain their side on why the core team are not available on Telegram and take time to give us some updates. No updates from their social media channels too. They're not fully transparent to their community.

As for the bounty campaign, the 6-month lock period will expire this month and we are expecting distribution the following month. Correct me if I'm wrong, but I remember that 50% of the tokens allocated to each hunter will be distributed on the 1st month, and then 10% each month for the following months until it reaches 100%. Same concept with IATokens.

I still doubt if they are keeping their promise to the bounty hunters. The exchanges that R2R are listed are full of crap and kinda unknown in the market. Lately, they are gonna get listed to Probit on July 3rd. Malcolm also mentioned other exchanges, but never revealed them yet.

Why would they delay it again if we are waiting already for 6 months?

The volume wasn't real, the first time that citiOS get listed and trading on exchange I knew it's fake volume, no demand for that token at all, I came across the bounty campaign too, I felt sorry for those who spend time and energy to promote the project, they are want to build won't work

Okay so I think we have a new update from their legal advisor Malcolm Tan from Gravitas International regarding CitiOS if this project is still alive or not:



They’ve also disabled us from sending messages in the CitiOS group. Only the admins can message there.

And on July 3rd, they will be listed on Probit exchange:



Any thoughts or reactions on this guys after a long silence by the CitiOS team?

In my own opinion any project with low trading volume which keeps getting worst is suspicious. Also, any project whose team aren't updating the community via their social media accounts or otherwise is also suspicious. To make it worst this project is listed on exchanges which are not well known in any way. So my final opinion is, the team are not sincere with the community neither is the current nature of their project good enough to bring in more users which shows the project is likely going down the drain.

I can't tell you this is good project because i check everything about ''Citios'' even totally low quality development projects, no have development activity, no have added good popular exchange.

This is ''Citios'' official account in bitcointalk, check out here :

Position: Brand New account
Post: 00
Activity: 00
Register date: 06 June, 2019
Last Active: 06 June, 2019

Click official Account

Here is something cmc update, at least long time still same think:


Here is again sometime else about exchange market pairs


Here is something announcement about bounty Hunter



Team already announced long time after bounty distribution but their not confirm yet. I don't understand team already take long time maybe 4-5 month for bounty paid but why not confirm yet?

Note: CitiOS IEO already finish in ''Probit exchange'' long time over but probit exchange not listing yet Citios token. So I can't tell you this is scam project or good project, even i show my own opinion now you can do more analysis about this project

For me, Arteezy is a reliable BM. He distributed Verasity tokens as promised after bounty ended. I do agree that escrow is essential for BMs, especially CitiOS and other ones that he handled. Julerz is one good example. I see that his recent bounty has escrow, so it's good and I really vouch him for being a reliable and honest BM. Arteezy's a good guy, but I would love seeing him implementing an escrow too.

Not all BMs are perfect, but I believe they're improving after assessing and adjusting their activities, etc. We can't blame Arteezy for the recent uncertainties that are happening in the projects he handled for bounty program. We have no one to blame but the projects themselves.

As for CitiOS, it's strange that all of the exchanges (CCX Canada, BTCEXA, Bitking and ACX Exchange) are having no trading volume since April 1st. Not only CitiOS, but other pairings such as BTC, ETH, USDT, etc., all zero volume in all of these exchanges I've mentioned.

As what I have checked in CoinMarketCap chart, the last activity of CitiOS trading was on March 31, 2020 with a 24-hour volume of $95,421.40. Until now, no volume was generated in all trading pairs of these exchanges.

Though CitiOS teams is make scheduled on july for bounty distribution. It's looks suspecious and i think hunters will be deceive from these project, most possibility to list scam projects. Very interesting they applying for cmc and now it’s listed. Artezzy conducted last all of bounties are delayed of distribution. Bizpaye,IAT,Citios,Xcard these are still didn’t provide rewards. Escrow is secure so BM should going for the method.                             

There are certain salient facts or happenings one can see and start having the idea that it is scam or the project is not worthy as previously thought as. From the post I can point out few things; first the project lacked trading volume for days which is a huge red flag I must say. No trading volume simply means users or investors do not find the project attractive or good for holding. This is where another point comes to play, for investors and users to stop trading the coin means the team must have been found wanting, which is seen in the negligence in their development and telegram group. For a good number of people, this two points are enough to forget and move on from the project.

Yes, the bounty here was handled by Arteezy. But it became obvious that Arteezy didn't have any control over them once the bounty ended and it was time to update bounty hunters on distribution schedule. It was a sad development as many hunters who participated in that bounty realized too late they had walked into a tight corner. I think BMs should be asking any project they take on to escrow the tokens for hunters. I know a few BMs who do this and I always try to be in their bounties. Julerz is great at this, always asking for escrow for his hunters.

As far as I know this project bounty handled by arteezy right? Maybe you can ask him if whats the real score about payment. Thats too bad to know that they will suddenly gone in spite of lots of exchanges they are listed. But to be honest, these exchanges are unfamiliar and probably not user friendly.

I am seeing it is hardly shill on social media by many users then their volume is down? Probably they will just left it once no hype created upon their hard promotions. Clearly a sign of S***

The signs are already there:

• No updates on all social media channels from the team
• Listed on unknown exchanges and nothing since then

Yeah, you don't need to go any further to conclude that the project is dead and not worth buying unless you really want to prove that they are a scam project. Based on what you've given about the team, there might have been an internal conflict among them which broke down the whole project.

For me, I don't want to complicate things anymore. Whether this project is scam or not, the mere fact that the volume is zero means this is garbage. So, that is more than enough proof for me that this project should not even be given attention. I don't need to even dig deeper about this project.