Author

Topic: Scam Alert !!! " GigaHash" ICO. Fake team , fake White paper (Read 397 times)

jr. member
Activity: 230
Merit: 3
I left my question in Telegram, but they ignored it and deleted it. They actively advertised their project. After my second question, their Telegram became unavailable.
member
Activity: 448
Merit: 60
imagine me
I consider Kelta(KLT) a scam too! They scammed their bounty participants, despite raising a whopping amount of $37M, the last page of their bounty thread you will see some participants whining about their reward, their spreadsheet wasn't updated, while the OP starter was last seen on May 18, and their telegram group is inaccessible.

Good thing I didn't join any cloud mining ICO bounties, those participants wasted their time! They should've learned their lesson by now.
sr. member
Activity: 392
Merit: 892
hero member
Activity: 1666
Merit: 753
You don't really need to look further than the fact that they are offering cloud mining contracts and trying to present it in a way that is somehow more profitable than traditional cloud mining (which it is not). There business model is to literally fund for more miners:

Quote
Our goal is to raise capital and scale our mining business;

Apart from that, I don't see any proof that they are partners with Kingston, Cisco, Nicehash etc.

Their team also is most likely completely fabricated, and as you said, links don't work at all. Not a good place to invest your money. Probably a scam.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
UCHIT have the same page, and there are many out there using the same model.
'

here is one of websites that sells their website template.
https://themeforest.net/item/icos-bitcoin-and-cryptocurrency-wordpress-theme/21626006?s_rank=11



We can't pointed scam any ICO due to they bought template. Because 90% ICO buy template for good design or save time. If there is legit team, good concept then we can't mark it scam until they skip. Btw I have seen scam post for UCHIT ICO, that's why I didn't investigate.
sr. member
Activity: 392
Merit: 892
UCHIT have the same page, and there are many out there using the same model.
'

here is one of websites that sells their website template.
https://themeforest.net/item/icos-bitcoin-and-cryptocurrency-wordpress-theme/21626006?s_rank=11

hero member
Activity: 1526
Merit: 596
First of all, their business model is basically the same as any other cloud mining business, which would instantly mean that this is most likely an unprofitable if not an outright ponzi/scam. Even if they deliver the tokens to you, they have control over your funds (or any mining equipment, if in the unlikely circumstance that they actually do mine with investor funds).

They most likely copied their whitepaper and edited some details from this: https://www.ico-check.com/kelta, based on the appearance of "KLT" in their whitepaper.

I tried out what you said about the team as well, if you click on the linkedin button it literally redirects you back to the site again. I wouldn't be surprised if the team was all fake and stock footage was used either, even though there is no current proof for that.

This is enough to consider them to be a fishy project. I'd be 95% sure that this will turn out to be scam sooner or later.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
ICO name : gigahashminer
Website : https://gigahashminer.io/
http://archive.is/6MLV2
Bounty : https://bitcointalksearch.org/topic/bounty-gigahash-miner-crowdfunded-commercial-crypto-mining-3482330

On their website only 4 team members. There is no any well known advisor. Team members Linkedin link not working, if you click Linkedin it will redirect to site again. Team are not existing , Its look like picture are edited by photoshop. More problem on their whitepaper. They just copy from other token called KLT ( their token symbol is GHS). I just saw on YouTube about it and I research myself. Also I think there is big possibility to scam.

Whitepaper: https://gigahashminer.io/GHS_WhitePaper.pdf

Archive: http://archive.is/GL17G



Why they use "KLT" token instead of GSH token. They stolen whitepaper from other ? Bounty manager should collect more details or ask them to come live video call.


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