Author

Topic: Is INS Ecosystem a SCAM? (Read 675 times)

legendary
Activity: 882
Merit: 1001
December 13, 2017, 07:21:30 PM
#17
I can see a lot of signature bounty hunters wearing the avatar of this project, so I think it is very hot because they can give a lot to the bouty hunters. I do not think this is a signal of scam.
full member
Activity: 882
Merit: 112
Your Data Belongs To You
December 13, 2017, 06:59:55 PM
#16
INS has one of the biggest marketing campaigns I have  ever seen in ICO to this date.
It is also very professionally done and I do no think that they are a Scam.
full member
Activity: 560
Merit: 100
December 13, 2017, 06:58:59 PM
#15
Also, there's nothing wrong with ico spamming, it's part of the advertisment.

You know there are rules against spam in the advertising world? You can sue companies for wasting your time with spam in your e-mail box or calling you on the phone, and you would win too. So no, spam is not just part of advertising.
Yes it is a part of their advertisement, I also notice Ins in social media always updated of their project. For now I cannot say that Ins is scam. Let's see after the Ico of Ins if they will really developed this project and be listed instant in other exchange.
member
Activity: 196
Merit: 17
EFFECT.AI▲Decentralized network for A.I
December 13, 2017, 06:55:54 PM
#14
Also, there's nothing wrong with ico spamming, it's part of the advertisment.

You know there are rules against spam in the advertising world? You can sue companies for wasting your time with spam in your e-mail box or calling you on the phone, and you would win too. So no, spam is not just part of advertising.





newbie
Activity: 17
Merit: 0
December 12, 2017, 01:24:26 PM
#13
Also wanted tpo add that my issue with the funds not showing on the balance is solved. Probably they had difficulty following up on demand  Wink
full member
Activity: 378
Merit: 102
December 11, 2017, 08:11:01 PM
#12
Too late for it to be condemned as it is nearing its hardcap already (12% remaining, last time I saw).  Also, there's nothing wrong with ico spamming, it's part of the advertisment. Besides, this ico is less likely to be a scam;,they have a very professional and transparent team.
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
December 11, 2017, 07:18:49 PM
#11
There is a difference between Scam and Spam you should mindful of that in choosing the wording for your thread.
member
Activity: 196
Merit: 17
EFFECT.AI▲Decentralized network for A.I
December 11, 2017, 07:13:34 PM
#10
Im sorry but i dont agree with your opinion brother. INS ecosystem was credible ICO as I know and what's your telling its just a market strategy. All the team are very professional and this ICO become the best of 10 ICO on this years.

That's subjective. I mean, where does "just a market strategy" end and "advertising as offensive or bad taste" begin? In my opinion claiming the INSP ticker symbol for the sole purpose of advertising instead of using the ticker symbol for a business is "just greedy and gratuitous".
full member
Activity: 868
Merit: 103
*Indonesian Professional Translator and BM*
December 11, 2017, 02:10:30 PM
#9
Im sorry but i dont agree with your opinion brother. INS ecosystem was credible ICO as I know and what's your telling its just a market strategy. All the team are very professional and this ICO become the best of 10 ICO on this years.
full member
Activity: 1302
Merit: 115
Pepemo.vip
December 11, 2017, 01:53:02 PM
#8
I certainly don't agree to this idea. INS Ecosystem has a very experienced and well-known team.
The ICO period is ongoing. They will be successful!
member
Activity: 196
Merit: 17
EFFECT.AI▲Decentralized network for A.I
December 11, 2017, 01:52:44 PM
#7
That's not all, they took the ticker symbol INSP just to advertise their project with a useless vanity token. Now another startup that was planning to use that ticker can't use it anymore.

https://blog.ins.world/insp-ins-promo-token-mixup-clarified-d67ef20876a3
newbie
Activity: 17
Merit: 0
December 11, 2017, 01:44:18 PM
#6
I've bought INS tokens almost a week ago, the transaction is on blockchain.info, I got a confirmation email from the INS platform, but still my balance shows zero coins... anybody else in the same situation?
full member
Activity: 490
Merit: 101
November 27, 2017, 09:08:50 PM
#5
Spam is not equal to scam.
With so many ICOs popping up every day, bounty managers are becoming more and more creative. They are also in a competition with another bounty programs, so they are battling for every inch.


Reputable companies don't spam. They may be overzealous on their email marketing, but there's a big difference between opt-in and spam. Show me one Fortune 500 company that spams users en-mass...They don't.

I have nothing against free airdrops of tokens that can be traded at a later date. In fact I'm happy to see those appear in my account, but this is a pure marketing ploy, with no other value.

If this becomes the norm, sifting through all the junk tied to your account will become a massive pain in the @$$. Imagine looking at Etherscan and browsing through hundreds of spam tokens trying to find the ones you actually signed-up, purchased, or can at least trade?

This isn't a brilliant marketing ploy, it's spam plain and simple, and should be viewed and treated the same way as email spam.
full member
Activity: 826
Merit: 103
November 27, 2017, 08:57:17 PM
#4
I also think that this can be a marketing step of the company. But I do not deny the danger of this phenomenon. Since many scams can use this to their advantage. I had a twofold opinion. In any case, we need to be more attentive.
hero member
Activity: 938
Merit: 502
November 27, 2017, 08:51:42 PM
#3
Spam is not equal to scam.
With so many ICOs popping up every day, bounty managers are becoming more and more creative. They are also in a competition with another bounty programs, so they are battling for every inch.

Yes, this is very creative and relatively cheap way to provoke interest to ICO.

For a cheap gas fee, they are gaining the attention of people with at least some money because they are sending promo tokens only to funded addresses. I think TNG did the same 1-2 months ago.

I like it as marketing method, it's clever and effective. Everybody now is looking what are those tokens they've got.
full member
Activity: 574
Merit: 101
November 27, 2017, 08:22:50 PM
#2
Spam is not equal to scam.
With so many ICOs popping up every day, bounty managers are becoming more and more creative. They are also in a competition with another bounty programs, so they are battling for every inch.
full member
Activity: 490
Merit: 101
November 27, 2017, 07:57:51 PM
#1
INS Ecosystems https://bitcointalksearch.org/topic/ann-insolar-distributed-business-networks-2208591 has done an unsolicited airdrop of 777 INS Promo tokens to Ethereum wallet holders. The sole purpose of the tokens is to promote their ICO and give promo token holders the opportunity to get a 5% bonus, by sending them 1 token back. The tokens can be shared with your friends, effectively making you pay (gas) to do their marketing for them. In fact, if you sent all the remaining tokens, it would cost you $70 USD. The tokens cannot be used for anything else, cannot be traded, and will not be converted into INS after the ICO. They could just as easily have done bounty campaigns and provided affiliate links for bonuses.

I see this as a disturbing development in crypto - essentially being the cyrpto equivalent of Viagra email spamming. It seems to me, that if a company is willing to stoop to spamming people to promote it's ICO, the team should not be trusted. That aside, this approach should be condemned and stopped before it becomes a trend.

How do the rest of you feel about this? Am I the only one that sees this as cyrpto-spamming?

Jump to: