Confirmed SCAM. Devs left the project because 'CEO' was unreachable, 'CEO' said he will explain what was happening, 24hs latter tells investors he spent 90% on advertising and the project is on stand by...
Obvious scam was obivous...
From the webpage:
Integrative Wallet is a project that started several months ago, with the dedication of each one of the members,
We had high expectations, and we believed that we were going to raise at least the minimum amount of funding that went into this.
We had many preparation expenses, as you know, it is not easy to make an ICO, all the means of communication or marketing expenses were made with our pockets, some had collaborated with us contributing to the advertising.
During the middle of the collection, the price of ethereum and bitcoin were down, so to cover expenses and not go into loss, the payment was made to the main investors.
The total cost of the project was approximately 28,600 dollars.
Our expectation was to reach at least 150,000 thousand to be able to carry out the first stage and thus cover all expenses.
After the collection we realized that it could not be financed, we thought about a second collection with a new contract, or take it as a pre ICO.
Not everything went as we expected, we will make the payment so that the token finally enters Mercatox or another exchange, but the project is temporarily suspended.
Payment of the remaining bounties will be paid in full by today 29-10-2017.
Topic: [SCAM] Integrative Wallet Project (Read 279 times)
1) No proof was provided.
2) Speculation.
3) Improper format. Read this thread: https://bitcointalksearch.org/topic/scam-report-format-use-it-to-make-scam-reports-properly-260073.
Unless you have any evidence that confirms their intent is malicious, some form of misleading advertising, et. al., no negative ratings will be left.
2) Speculation.
3) Improper format. Read this thread: https://bitcointalksearch.org/topic/scam-report-format-use-it-to-make-scam-reports-properly-260073.
Unless you have any evidence that confirms their intent is malicious, some form of misleading advertising, et. al., no negative ratings will be left.
Please keep away from IWT, I am convinced this is a big SCAM, and your money will be lost if you enter their ICO.
Just take a look to their white "paper"
https://iwtoken.com/whitepaper.pdf
http://i66.tinypic.com/21jde7b.png
Their website got pwned on the very first day of the ICO, and they have NO CLUE how that happened (I bet their CPanel password was 12345).
Their website had that ugly and default CPanel TLS certificate, that has been now replaced by the one you can get from Geo Trust.
Also, if you try to ask technical questions on their official Telegram group, you'll get banned.
Please people, be careful.
Just take a look to their white "paper"
https://iwtoken.com/whitepaper.pdf
http://i66.tinypic.com/21jde7b.png
Their website got pwned on the very first day of the ICO, and they have NO CLUE how that happened (I bet their CPanel password was 12345).
Their website had that ugly and default CPanel TLS certificate, that has been now replaced by the one you can get from Geo Trust.
Also, if you try to ask technical questions on their official Telegram group, you'll get banned.
Please people, be careful.
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