Topic: Possible Exit Scam - Advantage Blockchain - page 2. (Read 402 times)

This is getting super interesting.

Looks like AdvantageBlockchain got busted out but not willing to admit it. Continues to deny deny deny.

Hi holydarkness,

I think making up things and lying or maybe just vastly misinterpreting what I'm saying on accident is enough to not want you in the community.

Yes, I had a sole-prop. registered 2018. Closed and upgraded to Corporation in 2022.

Also, you're looking at the TSX. Nobody ever mentioned we were trading on the TSX with our token yet.

Yes our paid Discord staff probably did greet you as they have been combed through for the best and nicest Members.

Anything else?

Well ironically and sadly, I didn't do anything on your discord, how am I simply being there, a silent observer, without any comment ot even a word, considered... unloving (?). I visited it once to check that "meet some members" you suggested, and later, yesterday, as I got curious on your member's growth. I even recalled one of your team --or was that you?-- greeted me

What's interesting, though, is that I joined the second time after your whole "you are rude, we won't talk with you anymore" kinda post. Don't you agree that, if your true intention was to keep this particulary annoying member from corrupting your channel, it'll be more logical if you kicked me there right at that moment, right before or after the greets? The interesting part is the slight hint that the kicking happened only after this thread was raised with proof of abnormal spikes in members, which lead to a plausible question if the real reason is not to prevent this sarcastic human from polluting your channel, but rather to limit me from finding any other abnormalities in your super growing channel.

As for the whole buying parts of the company, I spare some of my time today to look around Canada. Given you signed all your post --and PM to me-- with "Spencer", I believe this is your company?


It came in harmony with how you keep avoiding my question about your documents for going public, and the findings that your company is not listed on the stock market: you're not available for public yet. So enter this previous statement from your ann thread:


And that offers of some spot available for the partial ownership and documents being reviewed by real lawyers. Best benefits of doubt I can give up to this point is that you're currently in the process of having your IPO permit. But, if that's the case, how exactly do you have already signed portion of your company to investors and offered some that's left to others? All while you're yet to be audited and deemed healthy for selling your equity? Isn't that... against the law?

Hi,

You were kicked from the channel since we really are sincere about having loving Members and not snide.

If you have something positive to bring we will reinvite you.

As for the Discord Members, many are shillers that got interested.

Yes, selling equity in an existing business in Canada. Advantage will be under that umbrella.

As for the whole identity thing, if you're an investor you know how real I am.

Announcement will be made regarding team publicly near launch.


Thanks,
Spencer.

Who then exactly represents Advantage? Since you claim to be a registered company in Canada, why not revealing who exactly is behind your company, your previous experience and competence? And please don't use "satoshi was also anonymous" argument since he didn't ask anyone to invest anything, unlike many similar business that ask people to invest money while wanting to stay anon and then use that ridiculous excuse.


This would make sense if you got few dozens new users, but getting 400 members in a few days looking for work is far fetched.

Hmm... ok, thanks for coming here, first of all.

For point number 1, I'd like to find more about these servers, but when i looked back into my discord, I see that the channel is no longer on my list and when I tried to rejoin through invitation link on your website, it said



Can you perhaps help with this issue? Certainly it's just a small glitch?

For point number 2, I think I'll refrain from commenting on this matter and let the community decide themselves about the sudden spike of members... i mean shillers. And moving to point 3, especially the extra note, yes sure, I'd like everybody to read our entire discussion on the thread, it's just two page, and well documented on the archive section of this thread. Or better yet, allow me to give a screenshots of the section about IPO





While for "posting random screenshots of Discord Members saying they work for us", would you be a lamb and point me out to my post where I specifically said this?

Hi Friend

Allow the Advantage Founder to clear some things up on this awesome project and clear misinterpretations on your part.

1. The screenshot of our 'Dev' team happens to be just regular Discord Members looking for work, not working on Advantage, which they were helped to look on various sites which may aid them. The Team is compiled of contract employees, which I do not believe represent Advantage, as they are not full time employees so they are not public for their safety.

2. Discord was raided by 'shillers' looking for Work. As stated before the goal is to help so many stuck around as I replied to most of them with helpful suggestions or paid them for various services to help.

3. Nobody mentioned IPO. Advantage is a product of a registered legal corporation in Canada. This has already been partially sold and legal documents looked over by both parties with lawyers involved. Cigars also sent🥳.

Extra: Please be weary of holydarkness and read his comments on the original page. Also stop posting random screenshots of Discord Members saying they work for us because they are not our Devs. Thanks.

Clearly you have some skill to set this beautiful thread up, why not come work for us and see what we can do for you.

As for everyone else reading this, let it be clear, Advantage is here to stay.

What happened:Possible scam project
Suspect's Profile Link: https://bitcointalksearch.org/user/advantageblockchain-3511054
Suspect's Website: https://www.theadvantageblockchain.com/ | archived
Suspect's ANN thread: https://bitcointalksearch.org/topic/ann-advantage-blockchain-usdx-token-perfect-stabletoken-see-more-ann-5417350 | archived
Suspect's documents: whitepaper | PowerPoint | Roadmap
Additional Notes:

I can't be sure if they're a scam project or not due to the lack of concrete evidences, hence I am open for anyone tried to help with this matter, but so far, several things are pointing toward that directions, as such:

1. No team details
Initially, I asked for team details, I think it is quite reasonable that a project that runs on remittance would have the people behind the team be known to anyone investing on the project or remitting their money through the platform, but they asked me to go through discord to "meet some members" which --as I've shown and told them on the original thread-- is not exactly convincing



and their final answer for this matter before I pursued other matter [point 3] that's more interesting was, the snipped quote came from the same post for this quoted post below and snipped quote on point 3


2. Discord members
Now, this is fantastic. They've been around since 17 October 2022, on 2 January 2023, they managed to get 47 members, then 300+, then 500+ in two days. As I am pretty much sure discord "followers" can be bought just like telegram, I peeked into this extremely drastic increases and found a glimpse which I believe is not too far away from my suspicion --that those members are inorganic--



3. Going IPO
They claimed that their investor will have portion of the company in Canada, as in IPO in real life,


Which raised my eyebrows. I'll openly admit that I am not well versed on IPO procedure in Canada --anyone from Canada and familiar with this issue, a contribution and insight will be much appreciated-- but I am quite versed on the stock and bond in my own country and I know that the buyer would have an account in brokerage or bank account, basically a third and appointed party that intermediates the company and the buyer. We can't just go to a company, arranged a meeting with their staff, be it higher or lower seats, and buy the shares ourselves. Likewise, a company can't just decide to go public one day and sell their shares freely to anyone. They have to get through thorough process like registering their company for public offering, waiting for some grace period, being audited, doxxed, amongst other things. A quick searches told me that Canada basically applied the same rule, which they initially deflect by saying,


and after I pointed out the sources on this post, their statement changed into


Upon pushed further about the matter, how exactly would they suggest investors to buy the ownership and do they have all the required documents for going public, they went into the defensive-offensive mode of "you're rude, we don't want to answer your question anymore", much like the telltale of scam projects we have in the past. Well, I am "snide", but that's simply because they kept circling around the question that's very easy to answer if they're truly legit.


As stated on the earlier part of this post, I am not sure if this is a clear case of scam, the three points I raised above might means nothing and I am simply too paranoid, but as my... eccentricity had provoked them enough and made them refused to talk further to me, and I can't clarify the whole IPO permit and team details and other aspects for legit project, I hope this thread can provide a better outcome as well as inviting other pairs of eyes and insights.

---

The suspect has been notified

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Edit 1: as per 11 January 2023, Advantage Blockchain's website, crucial posts on their ann thread, and their website ceased to exist. While the nature of their investors --angel investors-- finally explained in clear after a quite a misunderstanding --I'll own part of the blame, but it also happens because they never answered questions directly and always leaning toward ambiguous answers-- they still refused to reveal the team behind this huge global remittance project.

By those evidences found so far, I am leaving a negative tag towards them.





https://archive.ph/xhezd