Some ridiculous suspicious projects with zero value! - page 3.

isaac_clarke22

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Quote from: Tduty on February 17, 2020, 09:02:15 AM

Quote from: jossiel on February 17, 2020, 07:38:23 AM

I think I've seen those projects having bounties. I've noticed them because of the signature campaign that they have and some members were wearing it so that's the only thing that I can remember about them.

This is an issue regarding these projects that held bounty on the forum and some other bounty hunting platforms, when it's about listing, they always doesn't satisfy their participants.

Yes, they had bounty and I was a participant of them. The sad part is IRONX and WPP both projects raised huge money, like WPP collected 59 Million USD and IRONX 25 million USD, what they did with that huge money? No exchange listing, no good update, developments and when you ask they are saying to wait, when people are waiting since January 2019! To me, they are scam project but people are not talking about their scam nature.

That's insane, mate. We're talking about millions of USD being held in the pocket of these people. Was a thread made for this project already in the Scam Accusation thread? People need to take action to these immediately before these disappear behind the smoke. Seeing the same all over again like it is an auto-reply bot is already alarming for me, OP. In the end, if project seems like a worth the investing, the devs still have the choice to run with the money that's why history of the team as well as the background of each matters sometimes.

JCviggen

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Age Of Mars | GameFI Virtual colonization of Mars

I have stopped to be amazed at such behavior of teams or the administration of chats. I have already seen a lot of similar projects and in 95 percent of cases they turned out to be a scam. just don't waste your time on them. hold them in your portfolio and if everything goes well you will be lucky, if not then at least you will save your time and nerves

electronicash

legendary

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its surprising they collected millions by 2018-19 when the market during these days aren't simpatico to all. they might just be lying when they said they gathered about $59 Million during their ICO. if they did, they could have listed the token in big exchanges and develop the project as they can demand developers to prioritize since they can pay for them.

joshua123

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Quote from: Ailmand on February 19, 2020, 05:23:35 AM

For some developers, ICO is a great means of earning money. That is why ICOs are left dead because of this bad impression. A lot of scam ICO or dead ICOs have caused a bad image for new altcoins. I know anlot of project who were able to gather millions of dollars in their crowdfunding stage and still has no working product or development until now.

Thats what you called scam IMO. Projects tend to initiate effort when it comes to fund raising but in terms of technical discussion they become a ghost without any words to utter. I like thr WPP project but they didnt continue to develop what was supposedly they already released few months early before. Well anyway giving off some friendly and concern suggestion dont do ICO anymore.

Best Dreams

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Quote from: xvids on February 18, 2020, 06:04:42 AM

When the project couldn't follow up to their original road map I wouldn't really have some high hopes on them.
I have seen so many projects and most of the time the project that really wants to continue would pursue their road map no matter what,
But if they've failed to do so then I would give them a week or a month if they couldn't still keep up then don't expect anything from them,

Yes surely people do invest their money in those projects to get so be output but if we will not get what we want then there is no reason to keep them. In crypto, I think bitcoin is the only best coin that I can trust without any doubt and it has so many things that make it worthy. It's volatile so it gives people proper Chances to sell high and buy low.

spike420211

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Quote from: Ailmand on February 19, 2020, 05:23:35 AM

For some developers, ICO is a great means of earning money. That is why ICOs are left dead because of this bad impression. A lot of scam ICO or dead ICOs have caused a bad image for new altcoins. I know anlot of project who were able to gather millions of dollars in their crowdfunding stage and still has no working product or development until now.

All this happens because there is no regulation on the crypto market, or rather, it was absent during the ICO boom. Now, nevertheless, we can see how the regulators step on the heels of all who can.
This will not return the huge money that was stolen through all those fraudulent projects that appeared on the market from 2016 to 2019.
hank God the market consists of living people and now it is much more difficult to create fraudulent ICO projects than before.
The technique of creating fraudulent exchanges with their subsequent theft of a huge amount of user funds is still working. That is what we must fight with today.

Ailmand

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Coindragon.com 30% Cash Back

For some developers, ICO is a great means of earning money. That is why ICOs are left dead because of this bad impression. A lot of scam ICO or dead ICOs have caused a bad image for new altcoins. I know anlot of project who were able to gather millions of dollars in their crowdfunding stage and still has no working product or development until now.

Shallow

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Activity: 938

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SmartFi - EARN, LEND & TRADE

Quote from: Tduty on February 17, 2020, 07:02:48 AM

Did you hear about IronX and WPP? Both came in 2018, and both raised good money from ICO! From February 2019 to now, in IRONX telegram group 2-3 admins are active, if you ask about any update, they will reply to you "Our Technical team is working behind the scenes, very soon you will get an announcement"

Then I left their telegram group in March 2019, then a few days ago I was remembering all projects of 2019 then I joined IRONX telegram group again to see the latest update, you know what, admins are still active and giving the same answers what they copied year ago!

I don't know how many days I will remain mad after seeing this (Sarcasm)

Now, about WPP! Admins are very active for nothing. They raised 59 Million USD, just listed on Digifinex exchange and that's it, their coin value became worst, trading volume less than 1K USD! Whenever you ask to update, they will reply to you with shitty information, if you ask them back, they will ban you!

That's some of the funny but yet painful things we experience in this space yet someone will wonder when mass adoption will take place when those who are yet to set it in motion are after their own satisfaction. What actually did they developed that took the whole lot of the money and to make it worst the trading volume isn't what to write home about. No updates whatsoever, no proof that they are working in background, no information from team unlike when they were seeking for funds. There are still many projects out there which are yet to list nor provide any tangible thing they have done with the money raised. All these and many more makes me not to blame those who will only but wait for the project to list before they can invest. Nowadays investors are wise, its better they go through IEO or nothing.

fuer44

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Activity: 1652

Merit: 262

there are many more projects in 2018 that end up laughing. it's still better for you to get a listing token. I've experienced worse, 2 projects that I participated in from 2017 to 2018 actually ended scam. firstly, RMOB, which has never distributed, and the manager said that one of the teams ran away with the money. the second is AMBT, even though it's a good project that works on minning, but the developper actually brings money for private minning without thinking about the participants. for AMBT there is already a distribution but it has never been listed to date. I just hope there is a miracle that can change the worst possibility into the best possibility.

SquallLeonhart

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There are a lot of shit projects like them. The ICO industry was cherishing in the year 2017 to 2018 and any project which launched at that time were able to collect huge amounts. This projects might also have been collected this huge amount only because of newbies investing into ICO markets in order to gain high profits in the future.

Usually we all know that the profits by investing into ICO sales are usually higher if we invest into a potential project and this also drives a lot of newbie investors to invest into unknown ICO projects. Also, it might even be possible that the team of IronX might be working on a strong update which might even take years to be completed.

bitgolden

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Quote from: lobo13hf on February 18, 2020, 04:28:18 AM

Quote from: Tduty on February 17, 2020, 07:02:48 AM

Now, about WPP! Admins are very active for nothing. They raised 59 Million USD, just listed on Digifinex exchange and that's it, their coin value became worst, trading volume less than 1K USD! Whenever you ask to update, they will reply to you with shitty information, if you ask them back, they will ban you!

I just got banned from WPP because i have asked about the latest progress from the development of WPP. The admin is still very active caused by it must be done by the scammer to make sure if there will be no the victime ( i meant investors) that will be taking legal suit against the team. So many scam projects were doing the same thing too. If someone able to create a report and that will very appreciated to prove how capable the team to use such a huge amount of money.

Admins from that group can't simply ban you because you asked for the development news. And it they are doing so that means that they are nothing more than a scam project who is keeping their investors into fake faith about the development of the project.

Perhaps these projects might have a mentality that majority of investors might forget that they ever invested into any such projects by delaying the development news for years. These kinds of projects must be exposed to the investors so that they do not go for any such project again. Also some legal action must be taken against the team of these projects and a massive penalty should be charged for misguiding the investors.

rdewilde

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It is indeed ridiculous that a project which raised such amount of money can't even offer anything till now nor have a good trading volume, which shows that the team played everyone through hype and have taken their leave because they have gotten what they wanted. There are many projects working on their ideas and yet are active in the community as well as listed on good exchanges with good volume why will this be different if they aren't after their pockets. It's better to move on because it is clear they have nothing to give to the community, to the crypto space nor the world at large.

xvids

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When the project couldn't follow up to their original road map I wouldn't really have some high hopes on them.
I have seen so many projects and most of the time the project that really wants to continue would pursue their road map no matter what,
But if they've failed to do so then I would give them a week or a month if they couldn't still keep up then don't expect anything from them,

thisnewcoin

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Convert Crypto at BestChange

Quote from: lobo13hf on February 18, 2020, 04:28:18 AM

Quote from: Tduty on February 17, 2020, 07:02:48 AM

Now, about WPP! Admins are very active for nothing. They raised 59 Million USD, just listed on Digifinex exchange and that's it, their coin value became worst, trading volume less than 1K USD! Whenever you ask to update, they will reply to you with shitty information, if you ask them back, they will ban you!

I just got banned from WPP because i have asked about the latest progress from the development of WPP. The admin is still very active caused by it must be done by the scammer to make sure if there will be no the victime ( i meant investors) that will be taking legal suit against the team. So many scam projects were doing the same thing too. If someone able to create a report and that will very appreciated to prove how capable the team to use such a huge amount of money.

I see only Troy and Adam admins are active there. Their group members were about 20K and now it's 10K something. I think other 10K member they removed by banning. You can't raise a question about their progress. I was glad by seeing a recent update, but still, I got ban because I raised a question. As admins are still active and their face is visible so someone should go forward and take legal action against those shit scammers!

Bezobraznike

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★Bitvest.io★ Play Plinko or Invest!

Quote from: strunberg on February 18, 2020, 05:46:13 AM

Quote from: GreenStox on February 18, 2020, 05:12:22 AM

many such projects have experienced price reductions, or even no longer exist.
I have seen many projects like this in 2017, many of them dropped above 95% and some have been scam / not traded on any market.
That mean the project is not good for longterm, or there is a better project come to replace it.

this kind of projects occur while cryptocurrency in gold moment. people trying to earn money as fast as and as much as they can, although by creating fake projects. we saw it on early 2017 till now on , many project failed in market or even they scammed us and investors. but from this accident , investor now be smarter than before . they understand how to avoid loss from new projects or IEO. and slowly market confident back again .

Strunberg you are right, some of these projects appeared in 2017, when we had huge hype around entire crypto-market. Some coins went
high, people had money to invest and they did that. Many projects from that time failed, or become a scam along the way. We can't do much
about it, except to avoid those projects that looks fishy. Market confident will be hard to get back, still we have many scam projects, projects
with cartoon characters, what we need is more education, and newbies should learn more before they invest in some new project.

strunberg

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#SWGT PRE-SALE IS LIVE

Quote from: GreenStox on February 18, 2020, 05:12:22 AM

many such projects have experienced price reductions, or even no longer exist.
I have seen many projects like this in 2017, many of them dropped above 95% and some have been scam / not traded on any market.
That mean the project is not good for longterm, or there is a better project come to replace it.

this kind of projects occur while cryptocurrency in gold moment. people trying to earn money as fast as and as much as they can, although by creating fake projects. we saw it on early 2017 till now on , many project failed in market or even they scammed us and investors. but from this accident , investor now be smarter than before . they understand how to avoid loss from new projects or IEO. and slowly market confident back again .

jossiel

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DGbet.fun - Crypto Sportsbook

Quote from: Tduty on February 17, 2020, 09:02:15 AM

Quote from: jossiel on February 17, 2020, 07:38:23 AM

I think I've seen those projects having bounties. I've noticed them because of the signature campaign that they have and some members were wearing it so that's the only thing that I can remember about them.

This is an issue regarding these projects that held bounty on the forum and some other bounty hunting platforms, when it's about listing, they always doesn't satisfy their participants.

Yes, they had bounty and I was a participant of them. The sad part is IRONX and WPP both projects raised huge money, like WPP collected 59 Million USD and IRONX 25 million USD, what they did with that huge money? No exchange listing, no good update, developments and when you ask they are saying to wait, when people are waiting since January 2019! To me, they are scam project but people are not talking about their scam nature.

Many projects fell into the same fate. Many of their bounty hunters hoped for the best because they had promoted it but nothing happened at the very least of their efforts.

I guess the best thing to do right now is to move on and think of it as a lesson and use that experience to avoid alike projects in the future. We can't do anything regarding that problem since the money is with the developers. We are all feeling more pity with the investors that put huge amount to these projects.

GreenStox

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many such projects have experienced price reductions, or even no longer exist.
I have seen many projects like this in 2017, many of them dropped above 95% and some have been scam / not traded on any market.
That mean the project is not good for longterm, or there is a better project come to replace it.

lobo13hf

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Quote from: Tduty on February 17, 2020, 07:02:48 AM

Now, about WPP! Admins are very active for nothing. They raised 59 Million USD, just listed on Digifinex exchange and that's it, their coin value became worst, trading volume less than 1K USD! Whenever you ask to update, they will reply to you with shitty information, if you ask them back, they will ban you!

I just got banned from WPP because i have asked about the latest progress from the development of WPP. The admin is still very active caused by it must be done by the scammer to make sure if there will be no the victime ( i meant investors) that will be taking legal suit against the team. So many scam projects were doing the same thing too. If someone able to create a report and that will very appreciated to prove how capable the team to use such a huge amount of money.

irixo10

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GoMeat - Digitalizing Meat Stores - ICO

That's their new ways now, after they have gotten what they want they will change totally and starts giving useless excuses or replies to important questions. Truly they need not to reply they are working on their projects by mare words, they need to reply with proof that they are working. Another thing about these types of projects is that, the type of hype they generate is always much which of course will lead to them getting what they want. I heard about WPP and it's disheartening it turned this way and nothing can be done about it as the team has done what they want.

Topic: Some ridiculous suspicious projects with zero value! - page 3. (Read 812 times)