Topic: Repux & Joytoken & Amazix Investigation (Read 11647 times)
BOTH ICO'S APPEAR TO HAVE EXIT SCAMMED WITH OVER $8 MILLION DOLLARS
They are idiot and regret for choosing the fixed allocation. SCAM
nothing more to say that Repux is a SCAM team, bounty period for months and than giving you 20$ worth tokens haha.
The worst in this is that they don't burn unsold tokens. That only means they want to keep them for themself and Scam not only bounty hounters but investors also.
people don't buy that shit ! don't let them sell tokens and get more money !
Unfortunately people will buy these token because they don't read thread like this and after that we will see new threads like " Repux scam" "Their token cost nothing". Look to the Envion project. That was first time when CEO steal money from investors, team and other, but anyway people buy ENV token so obviously people should read more topics like this. The worst in this is that they don't burn unsold tokens. That only means they want to keep them for themself and Scam not only bounty hounters but investors also.
people don't buy that shit ! don't let them sell tokens and get more money !
This situation with Amazix and Repux very complicated and confusing, but still someone has to be responsible for this situation.
nothing more to say that Repux is a SCAM team, bounty period for months and than giving you 20$ worth tokens haha.
The worst in this is that they don't burn unsold tokens. That only means they want to keep them for themself and Scam not only bounty hounters but investors also.
people don't buy that shit ! don't let them sell tokens and get more money !
The worst in this is that they don't burn unsold tokens. That only means they want to keep them for themself and Scam not only bounty hounters but investors also.
people don't buy that shit ! don't let them sell tokens and get more money !
Amazix scammed many people in these bounties and still continue to scam people. As you can see they also ban people if you talk about it in bitcointalk. In thiis thread Amazix member accepted they are scamming people.
https://bitcointalksearch.org/topic/bitnation-amazix-bounty-scam-proof-with-screenshots-i-am-banned-4475111
https://bitcointalksearch.org/topic/bitnation-amazix-bounty-scam-proof-with-screenshots-i-am-banned-4475111
That is a great idea and something I am trying to pull together now. I know for sure we are putting the tokens in their own address and posting it so that you can monitor it. As far as the smart contract, I don't see why not, but I have to talk to my CTO as i'm not a technical guy. Please be patient and I'll update you
Billy - RepuX Community Manager
Billy - RepuX Community Manager
Would be nice if you could figure it out. It shoulnd´t be any problem to use ans create the smart contract. Yes it will be quite a lot of work to specifiy every amount and the details, but that should not be a problem after all
In my analysis, that behavior was not acceptable and as per review of Amazies bounties it seems trusted. But I got a wrong impressions to believe for because there was a huge problem that people who've been a part of his campaign was complaining on the telegram public chats. The admins who don't update regularly could be un impressive and they couldn't stop us from calling their project a scam ico. Aside of not answering those questions you had for them, they will blocked you exactly due to the aggressiveness that you're showing in the telegram, and reality is truth hurts as we say in vulgar that they were doing scam projects.
I dunno what could be the reason for not crediting into account? Is it mandatory to post on exact date? and why they didn't counted on weekly instead after the bounty??
That is a great idea and something I am trying to pull together now. I know for sure we are putting the tokens in their own address and posting it so that you can monitor it. As far as the smart contract, I don't see why not, but I have to talk to my CTO as i'm not a technical guy. Please be patient and I'll update you
Billy - RepuX Community Manager
Billy - RepuX Community Manager
I have news for you that I hope will make things better in here. I have advocated for you. The team and I have heard everything that you have petitioned, and we have talked in great detail about this. I know you all worked very hard for your bounties, but at the end of the day, our raised amount was unfortunately drastically less than what we intended to raise when we initially created the bounty program. Amazix took the lead on this, and we are aware they have a good reputation in doing so, but we did not fully consider the terms of the agreement, and for that, we take full responsibility. We are not here to slander their name, as I know many of you support what they do. With that being said, we gave them control and should have monitored and considered all outcomes in greater detail, and created clearer terms in the event that adequate funding wasn't made.
We hope the following solution will at least be an acceptable compromise. We agree that your work is worth more than what you have been paid currently, but we don't have the funding to just release $700,000 in tokens, so in addition to the tokens we are releasing today, we will lock up $300,000 in tokens for one year, and they will be paid out to you all at once at that time. The tokens will be frozen at ICO price, so if RepuX price is 500% or 1000% higher, you will benefit from the price increase as well. For the terms of this agreement, we are asking you to remove any "scam" posts that you may have made on our public forums. We would like to thank those of you who have supported us and did not jump to conclusions. I apologize for the delay in response as we weighed all of your requests. Thank you for your time.
We hope the following solution will at least be an acceptable compromise. We agree that your work is worth more than what you have been paid currently, but we don't have the funding to just release $700,000 in tokens, so in addition to the tokens we are releasing today, we will lock up $300,000 in tokens for one year, and they will be paid out to you all at once at that time. The tokens will be frozen at ICO price, so if RepuX price is 500% or 1000% higher, you will benefit from the price increase as well. For the terms of this agreement, we are asking you to remove any "scam" posts that you may have made on our public forums. We would like to thank those of you who have supported us and did not jump to conclusions. I apologize for the delay in response as we weighed all of your requests. Thank you for your time.
That is something which was written in the bounty thread. At least they realize their mistake. But to agree to this, wouldn´t it be possible to create an Smart Contract to automatically pay out the rest of the bounty %-wise after a year?
No one blamed Amazix at all. In fact, I have stated repeatedly that we should have stated our terms clearer and that it was an oversight on our part. On to other topics, yes it is unfortunate how it all played out, but you are not being scammed. The payout has been reduced and time locked. It's not what we wanted to do, but we severely underperformed our ICO goals, and we had to make a decision. I know it doesn't make you happy or seem fair, but we aren't trying to defraud anyone. Please be patient and allow us to sort this out. Ultimately, our goal is to build a good platform in the hopes that when you do receive the rest of your tokens that they have nice value to them. I apologize for the delay.
Billy - RepuX Community Manager
Billy - RepuX Community Manager
You are wrong, bounty hunters worked for Amazix.
If company A hire company B to do job and company B hire workers for that job, company B should be held responsible for not paying workers.
You are only one to blame for managing bounty without escrowing funds.
A bounty manager is no more than a project manager. If a company employs an external project manager for a certain project, the people under him will still be working for the company and it will be the company who is responsible for paying their salaries.
There is no way to escrow tokens that haven't been issued yet (the bounty started several months before the ICO). That said, we are working on smart contract solutions to ensure that this won't happen in the future.
It is relevant. Did you get your payment?
Yes, long before this exploded. Does that really change anything?
They made announcement a month(May 9.) after both campaigns ended (jaytoken bounti ended on April 22. and repux ended on April 8.).
When their team decided to make changes and your team decided to leave each project
Answer this, because it looks like you knew about changing deal long time before it was announced, also your team member stated that everyone will get their tokens, not 7-8% of arranged deal:We found out about their intentions just 3-4 days before we made that announcement. Before that we were busy counting stakes and reviewing the huge number of blog posts that had been submitted. When finally the sheet was ready and only the exact number of tokens was pending to be added is when we found out that they weren't willing to pay.
Also, how Amazix can be kicked out of their own telegram group?
I think you should answer all questions. Bounty hunters were scammed for more or less $1,500,000.
Someone already answered this. The groups are owned by the ICO project, not by AmaZix.
Could you answer few questions to me?
In my analysis, that behavior was not acceptable and as per review of Amazies bounties it seems trusted. But I got a wrong impressions to believe for because there was a huge problem that people who've been a part of his campaign was complaining on the telegram public chats. The admins who don't update regularly could be un impressive and they couldn't stop us from calling their project a scam ico. Aside of not answering those questions you had for them, they will blocked you exactly due to the aggressiveness that you're showing in the telegram, and reality is truth hurts as we say in vulgar that they were doing scam projects.
You are wrong, bounty hunters worked for Amazix.
If company A hire company B to do job and company B hire workers for that job, company B should be held responsible for not paying workers.
You are only one to blame for managing bounty without escrowing funds.
A bounty manager is no more than a project manager. If a company employs an external project manager for a certain project, the people under him will still be working for the company and it will be the company who is responsible for paying their salaries.
There is no way to escrow tokens that haven't been issued yet (the bounty started several months before the ICO). That said, we are working on smart contract solutions to ensure that this won't happen in the future.
It is relevant. Did you get your payment?
Yes, long before this exploded. Does that really change anything?
They made announcement a month(May 9.) after both campaigns ended (jaytoken bounti ended on April 22. and repux ended on April 8.).
When their team decided to make changes and your team decided to leave each project
Answer this, because it looks like you knew about changing deal long time before it was announced, also your team member stated that everyone will get their tokens, not 7-8% of arranged deal:We found out about their intentions just 3-4 days before we made that announcement. Before that we were busy counting stakes and reviewing the huge number of blog posts that had been submitted. When finally the sheet was ready and only the exact number of tokens was pending to be added is when we found out that they weren't willing to pay.
Also, how Amazix can be kicked out of their own telegram group?
I think you should answer all questions. Bounty hunters were scammed for more or less $1,500,000.
Someone already answered this. The groups are owned by the ICO project, not by AmaZix.
Could you answer few questions to me?
with bounty hunters, jokes are bad https://bitcointalksearch.org/topic/allme-3917884
I think it's best to just give up on this case (well the bounty payment issue) since they won't pay, and no amount of complaining will get them to pay.
What I am really interested in about, is the HUGE price drop. I'm very confused why users would dump their coins, if someone could provide me some information about what exchanges they are on, I'll take a longer look at them.
Here is the golden question:
Who would dump so much tokens, at such a low price?
Let's analyze some possibilities -->
1. Bounty Hunters - Impossible, no one got more than a hundred tokens, wouldn't affect the market at all.
2. Investors - No point, if they invested, they believe in the project and I doubt any sane person would sell their tokens for cents on the dollar.
3. Whales - This is possible. Some people will go around promising icos, ask for a huge bonus if they invest 6 digit numbers, and then when they get the token listed, they'll dump all their tokens for an easy profit. Very possible, but I would think the Repux team is competent enough to allow their ico to not be dominated by a couple of whales.
4. Inner team - Maybe... If someone agreed to work for tokens, they probably would have believed in the project and it's hard seeing team members selling their tokens for such a small amount. Maybe some team members lost interest in the project and decided to sell? This could be disastrous.
AmaZix is not to blame, they handled the project well and made the right call breaking off the relationship when Repux turned shady.
Now, let's bust these dumpers!
What I am really interested in about, is the HUGE price drop. I'm very confused why users would dump their coins, if someone could provide me some information about what exchanges they are on, I'll take a longer look at them.
Here is the golden question:
Who would dump so much tokens, at such a low price?
Let's analyze some possibilities -->
1. Bounty Hunters - Impossible, no one got more than a hundred tokens, wouldn't affect the market at all.
2. Investors - No point, if they invested, they believe in the project and I doubt any sane person would sell their tokens for cents on the dollar.
3. Whales - This is possible. Some people will go around promising icos, ask for a huge bonus if they invest 6 digit numbers, and then when they get the token listed, they'll dump all their tokens for an easy profit. Very possible, but I would think the Repux team is competent enough to allow their ico to not be dominated by a couple of whales.
4. Inner team - Maybe... If someone agreed to work for tokens, they probably would have believed in the project and it's hard seeing team members selling their tokens for such a small amount. Maybe some team members lost interest in the project and decided to sell? This could be disastrous.
AmaZix is not to blame, they handled the project well and made the right call breaking off the relationship when Repux turned shady.
Now, let's bust these dumpers!
Why would you want to hang on to the tokens of known scammers? You really think a bunch of liars are going to keep their promise and develope the project? No they are dumping their tokens and buying Lambo's. Anyone that hangs on to the tokens of a known scam deserves to lose all their money.
The guy behind the ICO's "David Sui" is a crook! SCAMMER!
I think it's best to just give up on this case (well the bounty payment issue) since they won't pay, and no amount of complaining will get them to pay.
What I am really interested in about, is the HUGE price drop. I'm very confused why users would dump their coins, if someone could provide me some information about what exchanges they are on, I'll take a longer look at them.
Here is the golden question:
Who would dump so much tokens, at such a low price?
Let's analyze some possibilities -->
1. Bounty Hunters - Impossible, no one got more than a hundred tokens, wouldn't affect the market at all.
2. Investors - No point, if they invested, they believe in the project and I doubt any sane person would sell their tokens for cents on the dollar.
3. Whales - This is possible. Some people will go around promising icos, ask for a huge bonus if they invest 6 digit numbers, and then when they get the token listed, they'll dump all their tokens for an easy profit. Very possible, but I would think the Repux team is competent enough to allow their ico to not be dominated by a couple of whales.
4. Inner team - Maybe... If someone agreed to work for tokens, they probably would have believed in the project and it's hard seeing team members selling their tokens for such a small amount. Maybe some team members lost interest in the project and decided to sell? This could be disastrous.
AmaZix is not to blame, they handled the project well and made the right call breaking off the relationship when Repux turned shady.
Now, let's bust these dumpers!
What I am really interested in about, is the HUGE price drop. I'm very confused why users would dump their coins, if someone could provide me some information about what exchanges they are on, I'll take a longer look at them.
Here is the golden question:
Who would dump so much tokens, at such a low price?
Let's analyze some possibilities -->
1. Bounty Hunters - Impossible, no one got more than a hundred tokens, wouldn't affect the market at all.
2. Investors - No point, if they invested, they believe in the project and I doubt any sane person would sell their tokens for cents on the dollar.
3. Whales - This is possible. Some people will go around promising icos, ask for a huge bonus if they invest 6 digit numbers, and then when they get the token listed, they'll dump all their tokens for an easy profit. Very possible, but I would think the Repux team is competent enough to allow their ico to not be dominated by a couple of whales.
4. Inner team - Maybe... If someone agreed to work for tokens, they probably would have believed in the project and it's hard seeing team members selling their tokens for such a small amount. Maybe some team members lost interest in the project and decided to sell? This could be disastrous.
AmaZix is not to blame, they handled the project well and made the right call breaking off the relationship when Repux turned shady.
Now, let's bust these dumpers!
This is not just limited to these. There are many other projects where the participants are victims. This is both fraud and labor theft. We do not want to see such projects anymore.
I agree, so we should not be silent, otherwise more and more projects will come. We worked and it has to be paid. In daly life, you get a job with a salary of $ 5,000, and a month get $360. This time no one even can't imagine, because immediately there will be a lawsuit!
. They are doing it the easy way by just copy and pasting some posts of others and they will repost it but on the other side, since there are many participants in the social media campaigns most of the time they only got a small amount of tokens. Anyway, that is how the social media campaigns runs right now. Maybe there is something the campaign managers should do to prevent this to happen.
Project owners! They are Scammers
You got scam mate
I don't trust amazix for handling bounties. Creating a company where you can be hired by a good project is very shady.
Even,
Also, how Amazix can be kicked out of their own telegram group?
I think you should answer all questions. Bounty hunters were scammed for more or less $1,500,000.
Someone already answered this. The groups are owned by the ICO project, not by AmaZix.
The group is not the one cause this cases, there are hidden talks between the project and the amazix team.
They just acted like the way it should. It's very clean tho..
I don't trust amazix for handling bounties. Creating a company where you can be hired by a good project is very shady.
Even,
Also, how Amazix can be kicked out of their own telegram group?
I think you should answer all questions. Bounty hunters were scammed for more or less $1,500,000.
They just acted like the way it should. It's very clean tho..
I think there shouldnt be anything "fixed" on bounty campaigns.
If an ico raise 4m $ and give 800k to bounties, that means people invested Money in it would be fucked!
I think the real scam what iungo did. They made the hard cap and reduced the bounty 1/13 because they were expecting more bounty hunters!
If an ico raise 4m $ and give 800k to bounties, that means people invested Money in it would be fucked!
I think the real scam what iungo did. They made the hard cap and reduced the bounty 1/13 because they were expecting more bounty hunters!
Jump to: