Topic: Minter - just a normal Shitcoin or a Scamcoin? (Read 687 times)

This site decentr.me is not valid. The correct site is called decentr.org.
Be careful in your investigations.

Shitcoin from DeCenter scummers!
Proof - https://t.me/DeCenter/4887
https://bitcointalksearch.org/topic/decenterme-is-a-reboot-of-the-larawithme-telegram-scam-1763574

Shitcoin or scam?
Change that title

Nope.
I don't see any reason to change the title. "Shitcoin or Scamcoin" fits perfectly because it's either one of both. If it's "Scamcoin" I'm sorry for the investors but that's up to everyone when someone is investing in risky projects to make big money and I hope the Scamcoin devs will get caught and a fair punishment. If it's "Shitcoin" => same applies like for "Scamcoin" but the devs have still some benefit of doubt. I understand that Shitcoin business isn't easy to manage and I'm open to call any "Scamcoins" only "Shitcoins" if there's a random reason that it might be not a Scam.

But almost 95% of all coins are Shitcoins and they will die somewhere in the future. That's why new content in "Scam Accusation" is posted very frequently. 

And "Shitcoin" is not a defamation. It's an official term to describe a coin without (most of the) features a good cryptocurrency (like Bitcoin) is famous for. You should try to evaluate if a Coin is a Shitcoin or a Coin like - wait - a congressman.

Meanwhile, I'm going for Bitcoin and let's see which coin will have made a better return in 2 / 3 / 4 years. I guess your Shitcoin will have almost no value by then anymore compared to Bitcoin. 

Shitcoin or scam?
Change that title, ....

As I wrote earlier, the manager who leads this company cheats.

Sounds reasonable. I hope they won't let you down when their project will face difficulties (most projects will get them and then, an experienced and honest team is essential to make the right decisions). If their service can be used to buy food in McDonalds in Russia that's already a good achievement.

Aпдeйт: 
Итaк cмoтpим зa иx вeткoй пepвaя cтpaницa peгиcтpaции c paзницeй нecкoлькo минyт - https://bitcointalksearch.org/topic/bounty-minter-5180961
И cмoтpим зa pyкaми o чeм paнee yвaжaeмый мнoю MaoChao пиcaл вмecтe c KTC.
https://bitcointalksearch.org/topic/merit-abuse-5158721

Итoгo- BOMG aвтop тoпикa, First1by tommyj1, Doging, xaker74, udivkx и мнoгиe дpyгиe этo oднo и тoжe лицo a тoчнee aльтфepмa.
Кoгдa иx вcex нopмaльнo тaк пoкpacят?

The fact a coin is traded somewhere doesn't prove if it's a legit coin. Bitconnect was also traded on many exchanges and was a scam coin. I don't compare Bitconnect with Minter but a coin listed on exchanges doesn't prove anything.
In addition, most PoS coins with high returns are often ending up as dumped shitcoins because all the stakers are trying to sell them but there are no buyers...

The fact a coin is traded somewhere doesn't prove if it's a legit coin. Bitconnect was also traded on many exchanges and was a scam coin. I don't compare Bitconnect with Minter but a coin listed on exchanges doesn't prove anything.
In addition, most PoS coins with high returns are often ending up as dumped shitcoins because all the stakers are trying to sell them but there are no buyers...

I can send you 100 BIP for testing this "a non-working product".
You can sell it (for example here https://minter.1001btc.com/en/) or delegate in some validator (choose it here https://minter.stakeholder.space/validator/overview/) and get about 0.5% a day (it is decreasing)

Can someone confirm that the devs of DeCenter are also involved in Minter? I don't speak russian to confirm all the sources...

#1 кaнaл o блoкчeйнe, биткoинe, эфиpe, ICO и дeцeнтpaлизaции.

🔥 Peклaмa и coтpyдничecтвo – @DCTeam

Чaт – @DeChat
Caйт – decenter.org
BК – https://vk.cc/7XyNu0
Boпpocы – help.decenter.org

Founded by @egordeev, for promotions get in touch with @DCTeam

#1 channel about blockchain, bitcoin, ethereum, ICO and decentralisation.

🔥 Advertising and parternships – @DCTeam

Chat – https://t.me/DeCenter
Site – decenter.org
VK – https://vk.cc/7XyNu0
Questions – help.decenter.org

Founded by @egordeev, for promotions get in touch with @DCTeam

- Investors are not investors, but buyers of a non-working product.

- A few signs of securities are the “Utility” token.

- The far-fetched nature of the problems solved by the product.
- Lack of UTP before direct competitors - ETH and EOS.
....

One hundred percent of the next scam from Russia.
The creators of this project were already participants in the deception in the past and the year before last (DeCenter).

There is even an investigation on this subject, but unfortunately many of the forum participants are ready to sell their reputation for the money that scammers give them.

In Russian but great investigation https://medium.com/golden-borodutch/%D1%87%D0%B5%D1%81%D1%82%D0%BD%D1%8B%D0%B9-%D0%BE%D0%B1%D0%B7%D0%BE%D1%80-ico-minter-dd708bab5db6

Conclusion

The idea may seem very interesting, it would seem: here it is, a blockchain for housewives - but not everything is so smooth. The intermediary in the form of a BIP wallet will create difficulties in the form of additional actions for both customers and sellers who will have to advertise a BIP wallet, and in case of unforeseen problems, install and configure it for customers on the phone. And each time the seller will check with customers the availability of the wallet and the address for sending coins. It’s easier for people to use cashback cards.

In IT projects, there will not be such difficulties because of the automation of the process, but it is more profitable for founders to create non-convertible wrappers than to invest their money in BIP to create a coin whose price will depend on another token. There is no obvious demand for users, only the creation of a bicycle.

Investors have no guarantees that there is no backdoor in the BIP token smart contract. The team talks a lot about its transparency, but does not show the main thing - the smart contract code, which can be full of errors and backdoors, as is the case with the hacking of the Bancor exchange .

And finally, let's name the eleven red flags of the Minter project:

- The far-fetched nature of the problems solved by the product.
- Lack of UTP before direct competitors - ETH and EOS.
- Strong centralization of the platform and token sale.
- There are no smart contracts, they hope for a non-public product TON.
- Unprofessional behavior of the founder with investors.
- The founder, not fulfilling past promises, gives new ones.
- Too few programmers for a product of this size.
- Lack of team responsibility to investors.
- Lack of information on risks taken by investors.
- A few signs of securities are the “Utility” token.
- Investors are not investors, but buyers of a non-working product.

In January 2016, Evgeny Gordeev founded the cryptocurrency community DeCenter . In July 2017, he announced an ICO on behalf of the community, and as a result, it resulted in postponements, failure to fulfill promises , loss of respect from the community and refusal to conduct ICOs .

One hundred percent of the next scam from Russia.
The creators of this project were already participants in the deception in the past and the year before last (DeCenter).

There is even an investigation on this subject, but unfortunately many of the forum participants are ready to sell their reputation for the money that scammers give them.

In Russian but great investigation https://medium.com/golden-borodutch/%D1%87%D0%B5%D1%81%D1%82%D0%BD%D1%8B%D0%B9-%D0%BE%D0%B1%D0%B7%D0%BE%D1%80-ico-minter-dd708bab5db6

Up to my view, no matter they using cartoons, it is just visuals.

They are all real ppl, attend events, have office you can meet them face to face if you really wish

Up to my view, no matter they using cartoons, it is just visuals.

They are all real ppl, attend events, have office you can meet them face to face if you really wish

if these are the real people behind Minter, then why in the world they are using anime or cartoons people might think this is a big joke, if you are doing crowdfunding, then it's just proper that you show up your real face and their expertise, it will be ok if they are not asking for KYC or Crowdfunding, they can prefer to not show their face.

I have contacted Minter support team. They've sent me this link with team members:
https://github.com/orgs/MinterTeam/people

Ok, did they launch it here on Bitcointalk or do they have an official profile here / Bitcointalk ANN? Looks like it's a legit project but I'm a bit confused why are they using cartoons on their website? 
On ICOBench and ICOHolder they are using real pictures...

On September 2, Minter launched a 6-week signature campaign on bitcointalk: https://bitcointalksearch.org/topic/bounty-signature-minter-signature-campaign-50-000-worth-completed-5181035 More than 100 participants have already decided to join it. But I wouldn’t trust them, because they hide their identities on their website and Whitepaper.

Hello!

I was surprised why you are using cartoons as profile pictures on your website and my first thought was your project could be scam. On ICOHolder and ICOBench you are using real pictures and also show your LinkedIn accounts.
So I'm wondering why it's different on your website? Can you please explain it here to avoid any misunderstanding: Minter - just a normal Shitcoin or a Scamcoin?
And please avoid automated translations in local boards, it's against the rules. If you need a quality translation, do a bounty or ask in Services for real translations.

Indeed it is fishy to think how come they can't even give their true faces when in fact they give their real names?

Indeed it is fishy to think how come they can't even give their true faces when in fact they give their real names?

Not that it trends but I guess it's formal to have their true identities revealed instead of hiding in some hero costumes. Anyways, the translator should explain if that's really an error or not as well as the team if it's from them or not.

On September 2, Minter launched a 6-week signature campaign on bitcointalk: https://bitcointalksearch.org/topic/bounty-signature-minter-signature-campaign-50-000-worth-completed-5181035 More than 100 participants have already decided to join it. But I wouldn’t trust them, because they hide their identities on their website and Whitepaper.

it's trend nowadays )

Ok, did they launch it here on Bitcointalk or do they have an official profile here / Bitcointalk ANN? Looks like it's a legit project but I'm a bit confused why are they using cartoons on their website? 
On ICOBench and ICOHolder they are using real pictures...

I have contacted Minter support team. They've sent me this link with team members:
https://github.com/orgs/MinterTeam/people

I am new on Bitcointalk, so can't know whether they launched here anything.

But using drawings instead of photos became very popular - it's trend nowadays )

Ok, did they launch it here on Bitcointalk or do they have an official profile here / Bitcointalk ANN? Looks like it's a legit project but I'm a bit confused why are they using cartoons on their website? 
On ICOBench and ICOHolder they are using real pictures...

I have participated in the Minter airdrop campaign at the very beginning of their startup. Approximately a year ago. That time they have been giving 1100 BIP for registration and KYC. I got it in my wallet. Now it equals for around 120$. So, looks like normal guys, don't them? BIP is already at the exchange platform: https://bip.dev/