Oikos a scam project or what??? - page 7.

Teraboy

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Activity: 2282

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Quote from: bassbity on June 22, 2020, 06:38:58 AM

Quote from: cabron on June 22, 2020, 04:12:59 AM

The bounty rules didn't say the participants in the signature campaign will be removed if they don't post for weeks so nothing will happen to you if you don't post anyway. DONT POST TO HELP THIS POSSIBLE SCAM!
But someone already figured its a scam project in this youtube video. https://www.youtube.com/watch?v=uXTIoAoujV8

I don't understand why they need the campaign still when the IEO was already done a week ago. Its pointless to keep it going. The team might just want people to keep swapping their TRX for OKS before runing. Most probably a scam project.

Maybe they need to promote more broadly so as to extend the duration of the bounty but there are some bounties that don't accept anymore except social media.
Could it be that Oikos will do an IEO in the second sale? Maybe it could happen.

The trade will begin 2 weeks after the IEO and it looks like the team was trying to do the promotion to attract the traders to trade oikos at the same time too. There's no something wrong with it.

The IEO can be considered as a requirement to be listed on exchange site

Everyone must try to do a research before try to say something that they didn't know about. So many investors have been using the product that created by oikos and this is a legit project.

takana212

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very often a project extends the duration of the bounty, all have their respective policies on the part of the ICO manager, if the OISKOS bounty is still active then you don't need to worry about the project being scam.

bassbity

sr. member

Activity: 1092

Merit: 284

Quote from: cabron on June 22, 2020, 04:12:59 AM

The bounty rules didn't say the participants in the signature campaign will be removed if they don't post for weeks so nothing will happen to you if you don't post anyway. DONT POST TO HELP THIS POSSIBLE SCAM!
But someone already figured its a scam project in this youtube video. https://www.youtube.com/watch?v=uXTIoAoujV8

I don't understand why they need the campaign still when the IEO was already done a week ago. Its pointless to keep it going. The team might just want people to keep swapping their TRX for OKS before runing. Most probably a scam project.

Maybe they need to promote more broadly so as to extend the duration of the bounty but there are some bounties that don't accept anymore except social media.
Could it be that Oikos will do an IEO in the second sale? Maybe it could happen.

Davian144

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Activity: 2576

Merit: 579

Quote from: Festac on June 22, 2020, 02:26:57 AM

I believe that bounty campaigns get postponed or extended if the project failed to raised money successfully on exchange through IEO but that's not the case with Oikos DeFi project, the project raised fund successfully on Hoo exchange and they extend the bounty campaign for another 8 weeks after extended for extra 4 weeks before, what is going on? Is the team planning to steal investors money?

I was very surprised when you made a topic about "Oikos a scam project or what?" because I very rarely follow the development of this project when they are still running, and I hope the Oikos team does not plan to steal investor money, because now it is very difficult to find or attract investors into new projects.

b1k4ng

full member

Activity: 728

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there is still no strong evidence to accuse this project of being a scam, maybe they are extending the duration of the bounty just to expand its reach so more people know. but I don't know, because what I know about projects with methods like this is that they end up scamming

Saisher

full member

Activity: 2324

Merit: 175

Quote from: serjent05 on June 22, 2020, 05:30:09 AM

Seems like a generic extend and scam scheme project to me. I have seen several projects like this. Extending their campaign for several times and at the end, they just don't pay their participants. If they do they implement kyc just to narrow down participants that will receive the token and worst the spreadsheet is just left as it is. Meaning without any token allocation and leave the participants unpaid.

Just to make sure, care to verify if the bounty manager holds the allocated token for the campaign? If he does then, rest assured that you (participants) will be paid (that is if the bounty manager decided not to run away with the token) if not then... I hope the project doesn't screw you all bounty participants.

Yes I agree there is a possibility that those running this project are those who runs similar campaigns in the past let's look on the similarity:

They change the rules very often like extending bounty rewards from 2 weeks then 4 weeks then 5 weeks and if you leave you lose your stakes
They ask no KYC after the bounty they change it to KYC type of bounty using the old alibi of account cheating
They locked the token because they fear of bounty bounty hunters might dump their token.
And the worst of all not giving your token and dev run away with investor's funds

Check out all those bounty campaign that did this and they all have the same ending

Been there seen this.

Fesatmas

sr. member

Activity: 2268

Merit: 275

I believe this project will continue and will not steal investors' money what I know but we will see progress in the future but this project looks good as I know and their IEO on Hoo Exchange is quite successful.
Maybe just want to extend the promotion period for the bounty.

maenauaras

newbie

Activity: 24

Merit: 0

Does anyone know what the reasons for the extension were, was a small part of the money paid to you, or are you waiting for them to pay?
The success of the campaign means getting a little cash flow, and therefore the continuation of the campaign should be after paying even a small portion of the profits to you.
If they do not pay, this is a negative indication, and it may indicate fraud. I advise you to create a topic in the fraud section and ask them for all the reasons that led them to extend.

grizmoblust

sr. member

Activity: 379

Merit: 250

Quote from: Greatdev on June 22, 2020, 03:04:07 AM

Still can't say for now, if you are tired of the dissappointment you can ask the bounty manager to safe your stakes and find another project you wish to promote, I'm a little bit disapointed too but the team had extra tokens to the bounty pool, that's fair enough for me

I also believe in this project because Okios is a big project and is trusted by many investors. In addition, they have IEO successfully at the Hoo exchange, so there was a misunderstanding here. I want to invest in this coin because this is one of the good projects using the foundation of TRON so it will surely be a lot of people choosing to invest in the near future.

serjent05

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Seems like a generic extend and scam scheme project to me. I have seen several projects like this. Extending their campaign for several times and at the end, they just don't pay their participants. If they do they implement kyc just to narrow down participants that will receive the token and worst the spreadsheet is just left as it is. Meaning without any token allocation and leave the participants unpaid.

Just to make sure, care to verify if the bounty manager holds the allocated token for the campaign? If he does then, rest assured that you (participants) will be paid (that is if the bounty manager decided not to run away with the token) if not then... I hope the project doesn't screw you all bounty participants.

pilosopotasyo

member

Activity: 952

Merit: 27

I left the campaign and I lose 4 weeks of campaign stakes, yes I read that you need to remain in the campaign for you to get all your stakes I think this is unfair, I'm glad I'm out of it and on a much better campaign, they are likely to become Adab where they keep extending the campaign and in the end, the bounty hunters only get 1/4 of the stakes, that's after begging for their share.
Bounty hunters better should brace for the worst scenario as they do not have respect for bounty hunters.

tsaroz

legendary

Activity: 3150

Merit: 1069

It's quite early to call them anything but as their defi is online already, they could be elongating the campaign to advertise for their platform. They are in a much better situation than most of the projects and their defi have some activities already. They are providing it in okios token so they don't have any large thing to lose except for the token's price which could again boost if the defi becomes a success.

Coyster

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Quote from: Festac on June 22, 2020, 02:26:57 AM

...the project raised fund successfully on Hoo exchange and they extend the bounty campaign for another 8 weeks after extended for extra 4 weeks before, what is going on? Is the team planning to steal investors money?

This is prolly the reason why the Oikos project extended the bounty campaign. (they want more money) I'd preempt you to expect the worst, they may also extend the bounty campaign even after this eight weeks, many other bounties have done things like this before and AFAIK, many of them didn't list in the end, Oikos could also end that way.

Oikos project is probably thinking of making all the money they can now, they may be uncertain of the projects future when it lists, that being said, they may also not have any plans to further develop the project on its use case when listed (It'll then dump) I am not certain this are their plans and imo you can't make any accusations yet, but extending the bounty campaign twice (four weeks...then eight weeks) after successfully generating funds, could be a red flag for investors and bounty hunters of this project.

CuriousGeorge

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Quote from: Festac on June 22, 2020, 02:26:57 AM

I believe that bounty campaigns get postponed or extended if the project failed to raised money successfully on exchange through IEO but that's not the case with Oikos DeFi project, the project raised fund successfully on Hoo exchange and they extend the bounty campaign for another 8 weeks after extended for extra 4 weeks before, what is going on? Is the team planning to steal investors money?

It's not but it looks like they are still need the hunters to keep promoting their project because it has not yet listed on exchange site. I may think if this is their main intention to extend the campaign but they are adding more coins as the reward too.

cabron

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The bounty rules didn't say the participants in the signature campaign will be removed if they don't post for weeks so nothing will happen to you if you don't post anyway. DONT POST TO HELP THIS POSSIBLE SCAM!
But someone already figured its a scam project in this youtube video. https://www.youtube.com/watch?v=uXTIoAoujV8

I don't understand why they need the campaign still when the IEO was already done a week ago. Its pointless to keep it going. The team might just want people to keep swapping their TRX for OKS before runing. Most probably a scam project.

robelneo

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I hope history will not repeat, I have seen so many projects in the past that keeps extending their bounty campaign and do not allow their participants to take a leave or vacation without retaining their stakes, the most notorious of this is the Adab projects we have a lot of this like Likerworld I can go on and on, they keep changing their rules I will not be surprised if they locked their token for maybe a year or give only half of the rewards because they can change their rules anytime and people cannot do anything but comply..

malcovi2

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likely a scam

They successfully collected money? but they are extending it and forcefully not letting participants quit, means the advertisement is a fail probably or they didnt amount of money they want to ran-away with.

Zazzu

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Quote from: Festac on June 22, 2020, 02:26:57 AM

I believe that bounty campaigns get postponed or extended if the project failed to raised money successfully on exchange through IEO but that's not the case with Oikos DeFi project, the project raised fund successfully on Hoo exchange and they extend the bounty campaign for another 8 weeks after extended for extra 4 weeks before, what is going on? Is the team planning to steal investors money?

They can expand the bounty campaign according to their plan, as long as they supplement the budget, I believe it is okay. Until now, this project is still active and hopefully this is the last time they expand bounty

jossiel

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If the extension of bounty is your basis of accusing a project a scam, that's not enough. They're probably doing that for more exposure as that makes their project more known and popular which is effective on their end.

I could be wrong saying that but if there's something wrong with the project itself then the bounty will also be affected.

Quote from: Gorosden on June 22, 2020, 03:54:55 AM

The problem is bounty manager don't want bounty hunters to leave, he said their stakes will be fortified if they change signature, one of the harshest decisions I've ever seen from bounty managers, this will bring bad reputation to the project honestly

Most bounties don't want their hunters to leave but if the bounty hunter insists of leaving, they'll get no stake for participating for a long time. The word's forfeited mate not fortified.

Gorosden

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The problem is bounty manager don't want bounty hunters to leave, he said their stakes will be fortified if they change signature, one of the harshest decisions I've ever seen from bounty managers, this will bring bad reputation to the project honestly

Topic: Oikos a scam project or what??? - page 7. (Read 897 times)