Welcome to the Rebirth of Shit and Scam coins of the day: Edition #3
1) Titanium blockchain - Funded over $60 Million during their ICO, they were set to do "great things" with their cloud-based services on ERC-20 Contracts. Flash-forward not even 2 months later, the developers got "Hacked." Now, they claim they got hacked around 16 Million coins, amounting to roughly 10-15million USD at that time, but have no significant proof or evidence in regards to it. They are now claiming that they are "auditing" their accounts and etc etc, but can't reveal any details. They are in the process of "forking" or creating a brand new ERC-20 Token, which isn't going to do much to revive this dead coin. Clearly these cunts had no intention on ever creating their platform, and performed an exit scam on the markets, by creating massive uncertainty and cashing out quickly. How does one who generates millions in USD unable to protect themselves from malicious acts? I have no clue, either complete morons or the ultimate cons.
2) OTHO - Claiming to have an astonishing 4-year long airdrop distribution for their coins, they've successfully ceased all operations and dumped their coins on Forkdelta. They had some minor potential, with filtering accounts that didn't follow their rules, to a semi-impressive community behind it. Instead, the devs got greedy and cashed out an estimated 5k USD, and another 10k roughly prior to their "grand" exit.
3) Manta - a Dag clone, that sought donations for the development of their blockchain. Be very wary of these copy and paste projects, it's currently unknown how much was stolen via donations. There's a very similar act occurring with
STONE crypto, but that donation has raised over 500k, and still remains somewhat active, but with absolutely no evidence.
Previous Editions: (Note: there was a different mentality back then for all coins)Edition #1 (2014)Edition #2 (2014)That concludes this segment of Shit and Scam coins of the day. Feel free to DM me on twitter (or on BTT) for more tips regarding scams you see on these forums. Follow me on Twitter for more scams and insight in what's actually occurring with Crypto's on a daily basis, i've had enough with all this corruption and greed.