Been following Streamity (
https://streamity.org/en/) for a while now and since the ICO ended, the mod on telegram has been saying that the tokens will be unlocked after listing. Decided to fish out the smart contract and check if anything was happening on Forkdelta and behold, there were buy and sell orders:
https://forkdelta.app/#!/trade/0x2e8c6bbe8e3aa834ef5a851b2cdfc52403d61b87-ETH
Decides to test the sell order and it went through... meaning contract was unlocked.
I took my findings to the admin on TG and presented the evidence to them. Next thing I know, I got kicked got - out in the cold without a word. Reached out to the other admin on BTT and no response.
Is it just me or something doesn't add up?
Based on your findings, something definitely doesn't add up... And it's not accidental!!!
Best advice is for you to flip your tokens immediately.... ASAP....
I bought LoopX sometime early this year, I think... After the tokens were released upon successful ICO, orders flew up on EtherDelta.. Devs told us on TG that they were early dumpers and that we shouldn't sell..
Turned out it was the Devs actually selling out to those who couldn't get ICO or those who wanted to accumulate more since the ICO was tough to get...
Sales completed, Scam Exit...
I still got LoopX in my ICO wallet till date... Completely useless!!!
Wow I think your instinct already telling you that the project is total scam and they are just preparing to make an exit scam. Too bad for projects like this. They gave enough time for the promotion and they are just likely to scam people. I wonder how long did they prepare for this huge scam exit. If you're an investor you should take serious review on the teams profile. Not all that displayed on the website can be trusted sometimes they are just using fake account or using the profile without knowing that the legit owner has been used already. It always happen the profile info is legit but it was only used as props on the website of a scam ICO. This kind of reasons why the SEC are having a strict rules since lots of people are being fooled by ICOs everyday. Just hoping the streamity wouldn't really planning to exit but judging with the OPs experience that is a lie which you should already think of.
I am not a token buyer of Streamity nor am I promoting it as a bounty hunter but I can see the promotional posts of this project in my feeds because some of my social media friends were campaigning for this project. All I can say is that I am wishing that this is just a technical glitch and the team is not really into something fishy. Otherwise, the project can be added into the many reasons why there is a big need to regulate the ICO industry as many scams have already cost millions of dollars down the drain. Again, we are hoping that we can be wrong!
Nah... It ain't a glitch; else the TG admins would have addressed it openly right away...