Author

Topic: OTHO SCAM - What have we missed? (Read 114 times)

member
Activity: 266
Merit: 13
CIBUS FOOD Ecosystem
February 27, 2018, 02:25:45 PM
#6
I am really sad of this project. I really lost a lot of time. Good thing is i did not lose my money. I wanted to invest in otho...
full member
Activity: 420
Merit: 105
February 27, 2018, 02:24:53 PM
#5
I think we have a good opportunity here to analyse what happened and what were the signs that showed that everything was just a scam.
I can say that when I saw for the first time a tweet about it i tought it is a scam and I rapidely avoided
when you are in crypto for the first time all seems an opportunity, but you have to learn to analize a project before buying or participating
remember that most of airdrop are fake and only attempt to steal some ethereum or bitcoin with donations, over 10000 participants there is always someone that a part of the airdrop donate some eth in order to have extra coin, so that scammers have free eth in their wallets and desappear

DYOR! always and train to be  a scam detector!!!!
good luck
newbie
Activity: 26
Merit: 0
February 27, 2018, 02:15:40 PM
#4
First of all I am sorry for those who have lost their money, time, effort in this project.
I did not invest any money but time.

I really like the idea when I check the project, Total supply was 9000000 which make me think that they want the coin to become valuable.
They were very strict about the airdrop rules. If you miss even one step you will disqualified.
It was in my top 5 ICO list that I follow.

I was about to invest some and about to buy some from ED.But I spent some more time before spending ETH.

- I went to their web page and noticed that over the time the web page was not updated at all after 1st airdrop announcement.
- The only communication in their forum and telegram was about airdrop, nothing else. no development updates, no project  status.
- I asked about beta versions of the application they promised to develop. No responses
- Made some research about otho.network domain. Saw that they registered the domain from namecheap. and I thouugt "why a million $ project will register domain from namecheap instead of other registrars?'
- Domain owner was hidden only it was saying that it was a company from panama

So Especially after seeing domain information  I decided to not purchase but wait and follow the community for a while  and see more updates about the project.



newbie
Activity: 57
Merit: 0
February 27, 2018, 01:20:25 PM
#3
Hi! I have not participated in this project, but I would like to know the details. Why did you decide that this is a Scam? On what grounds it can be recognized?
https://bitcointalk.org/index.php?topic=2701173.380
member
Activity: 224
Merit: 17
February 27, 2018, 01:12:26 PM
#2
Hi! I have not participated in this project, but I would like to know the details. Why did you decide that this is a Scam? On what grounds it can be recognized?
newbie
Activity: 57
Merit: 0
February 27, 2018, 01:01:54 PM
#1
Hello fellows!
First, I am sorry for those who have lost their investments and their time working for the OTHO bounty.

Like many here, I have friends who have been deceived and who have lost a lot of work and money in this lie.
Luckily it was not my case ... when I went to get information on the bounties (because a friend had indicated me as a good project), I saw the comments about the scam.
I have invested my time in jobs like this in the hope that some of them succeed in the future, but I see more and more frauds...too much! Many times we can identify easily, but in some cases (like this one from OTHO) is not so simple.
I think we have a good opportunity here to analyse what happened and what were the signs that showed that everything was just a scam. I would like to ask those who participated in the bounties and those who have invested money in this project, an analysis on what are the possible signs that came during the process that may have demonstrated that it was a scam. Perhaps this way we can help us to not go through something like this in the future.
Thanks in advance to all who can contribute, will be helping me and helping everyone in the community! Wink
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