Author

Topic: STASHPAY.io IS a SCAM. (Read 250 times)

full member
Activity: 145
Merit: 100
November 03, 2017, 01:27:39 PM
#2
This project is 100% a SCAM, I regret investing 11 ETH. They have a clause that will make them keep ALL unsold tokens. There won't be any burning process!



They are in the penultimate round of financing and they have only raise around 250,000 USD.



So from the 72% of the tokens for sale? they have sold what? 2%?  So they will keep 70% of unsold tokens + 20% of the original team tokens allocation + 8% for advisors = 98% of tokens they will keep and investors will only own 2%? THAT is MASSIVE RED FLAG

I contact them in facebook and they told me this





That is BS , they should just refund all to investors, this is a failed ICO, they are saying they will keep all un-sold tokens until 27/9/2018. And they will use it for whatever they want.

Scammers! they will keep 98% of all tokens for god sake.


Huge HUGE Red flag, i want my eth back. They basically are controlling the 98% of the total supply.
newbie
Activity: 18
Merit: 0
November 03, 2017, 01:14:42 PM
#1
This project is 100% a SCAM, I regret investing 11 ETH. They have a clause that will make them keep ALL unsold tokens. There won't be any burning process!

https://i.imgur.com/OPCdu4y.png

They are in the penultimate round of financing and they have only raise around 250,000 USD.

https://i.imgur.com/nqAlv2p.png

So from the 72% of the tokens for sale? they have sold what? 2%?  So they will keep 70% of unsold tokens + 20% of the original team tokens allocation + 8% for advisors = 98% of tokens they will keep and investors will only own 2%? THAT is MASSIVE RED FLAG

I contact them in facebook and they told me this

https://i.imgur.com/DSfCgDd.png

https://i.imgur.com/8K6sXkN.png

That is BS , they should just refund all to investors, this is a failed ICO, they are saying they will keep all un-sold tokens until 27/9/2018. And they will use it for whatever they want.

Scammers! they will keep 98% of all tokens for god sake.
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