CUBAAZ SCAM Exposed: $ 20 Million SCAM by CUBAAZ ICO
Mickael Mosse is the CEO of CUBAAZ
CUBAAZ ICO is a SCAM ICO, here are TOP 12 reasons:
1. Check the Experience shared by Ex-employees (victims) of CUBAAZ on LinkedIn:
https://www.linkedin.com/feed/update/urn:li:activity:6412293535432871936/?commentUrn=urn%3Ali%3Acomment%3A(activity%3A6412293535432871936%2C6412518125681635328)
and
https://www.linkedin.com/feed/update/urn:li:activity:6415641799574061056/?commentUrn=urn%3Ali%3Acomment%3A(activity%3A6415641799574061056%2C6415642734085963776)
2. Plz Open the page: https://icobench.com/ico/cubaaz/ratings
On the top of the page, the message is: "The information about the team was removed by the request of the project"
Question: Why CUBAAZ Team asked this site to remove all of it's own Team Members from this site?
Ans: Because Mickael Mosse (CEO of CUBAAZ) fired his 44+ Team members without paying a single penny.
There is NO information available of any of his Team Member because if anyone investigates to his Team member that whether CUBAAZ paid him for 8 months work? - then the team member will say truth that he was not get paid a Single Penny for 8 months work.
That is why there is NO information available for any Team Member of CUBAAZ anywhere on the internet.
3. Cubaaz.io site got shut down (only showing Press Release), Why?
4. CUBAAZ_OFF page on Twitter got shut down, Why??
5. Four earlier Business Partners of CUBAAZ: Knowdle, First-real-transac.com, Nubersia & CUBASensation ARE NO LONGER BUSINESS Partners of CUBAAZ. (as per cubaaz.io site press release message), Why??
6. No update on any Page of CUBAAZ_OFF on any Social Media like Facebook, Twitter, linkedin, Youtube, etc after the ICO, i.e. 9th April, 2018, Why??
7. There is no info about the Team of CUBAAZ anywhere, Why??
8. Why CUBAAZ is hiding it's Roadmap?
9. Why CUBAAZ is hiding Whitepaper?
10. Why CUBAAZ is not updating on Social Media about it's Future Plans like when it will hit exchange?, etc.?
11. Why the Linkedin account of Mickael Mosse (CEO of CUBAAZ) does not exists now??
12. On Telegram channel of CUBAAZ_OFF, why CUBAAZ is asking ONLY Investors to contact at [email protected]??
CUBAAZ Team Members, who are also involved in this $ 20 Million SCAM are:
Mickael Mosse,
Denise Picciau,
Ksenia Naydonova,
Seb Breton Networker,
Zain Hameed,
Vincenzo BELFIORE,
Korina Saric
The above CUBAAZ team members follow all the instructions from Mickael Mosse & shares Scam posts on Social Media, etc.
FIR has been already logded in Police for posting wrong articles about me. Police will take Legal action against him. He is liable to show all the proofs of whatever he has mentioned in this article, if he’ll fail to show all the evidences then he’ll go to prison for sure.
Topic: This $575 Million ICO With Royal Backing Is So Crazy, It Might Be Real (Read 161 times)
June 22, 2018, 12:04:42 PM
jr. member
Activity: 42
Merit: 6
John -ICO and Cryptocurrency Expert investigation
June 21, 2018, 08:24:44 AM
Crypto loves Lamborghinis.
So much so it seems that a startup looking to release movies – early offerings include a biopic about the founder of the car company and his feud with the founder of Ferrari – has raised a whopping $575 million off its private sale of TTU crypto tokens from investors including BlockTower Capital and even a prince.
With that, the startup, called TaTaTu, has raised the third largest round ever using the initial coin offering (ICO) model – surpassed only by EOS and Telegram, according to data from CoinDesk's ICO Tracker.
If that sounds crazy – such a huge raise by a company called TaTaTu with no history in the crypto space – you wouldn't be alone. Even one of the project's backers admits that the news, announced today, will catch many off guard.
"The large round seems surprising in the context of a crowded and bearish crypto industry, in which investors typically participate with crypto, and not fiat. We think it, in fact, isn't," Allan Cassis, the CEO of Lvna Capital, told CoinDesk. Cassis' family gave money to the project, but Lvna Capital did not participate in the round.
Pointing to a new category of interested crypto backers, he continued, saying, "This is new money coming into the markets at a time when we continue to see delays from the long-expected institutional investors' participation in bitcoin."
Sure enough, some of that new money is coming from European royalty and nobility – Prince Felix of Luxembourg, second in the line of succession, and Lady Monika Bacardi, of the family that owns the famous liquor company, Bacardi Limited. (CoinDesk was not able to confirm Prince Felix's investment by press time, but TaTaTu previously disclosed Lady Bacardi's pledge on its Medium blog, where it "estimated" her backing at $100 million.)
Plus with BlockTower Capital investing and Lvna Capital acting as a strategic advisor, there seems to be quite a bit of support for TaTaTu's endeavor – which isn't only about movie making.
On top of creating its own video content, TaTaTu plans on building a token-powered video-on-demand platform to compete with Netflix. According to the press release, the funds raised will be used to build the platform, build audience and promote an ad-supported service that will share revenue with viewers.
TaTaTu CEO Andrea Iervolino said in a press release:
"The response is further validation that our model of acquiring and producing our own content mixed with rewarding users with TTU tokens to watch that content on the platform will benefit everyone."
Still, there's a number of things about this round that may give observers in the space pause.
For starters, huge rounds tend to make people more skeptical than reassured, plus projects that flaunt celebrity-like backers have many times ended badly. Plus there's a number of small things – including spelling errors on websites, the white paper and in the press release – that will add doubts (spelling errors are generally seen as the mark of scammers).
But perhaps one of the most notable breaks from typical industry practice is that the white paper does not indicate how many tokens will be created for TaTaTu or whether more will be created over time.
Instead, the white paper only acknowledges that 57 percent of the project's ethereum-based tokens were set aside for the private sale. And provided that hasn't changed, that would value the token supply at a little over $1 billion.
While BlockTower Capital's Ari Paul did not respond to a request for comment, he did confirm that he gave this statement for the announcement:
"I'm excited for projects that will spread cryptocurrency beyond the current less than 0.5 percent of the world that holds it."
The TTU economy
The way TaTaTu plans on getting crypto into the hands of everyday users is by sharing its revenue with content viewers and creators.
The basic idea behind TaTaTu is simple on its face: viewers of the content distributed through the service will share in the ad-revenue earned by the service, as will creators who provide their work.
And according to the white paper, revenue from advertisers will be paid in the native crypto token and all rewards for the viewing of content will be paid out in TTU as well, which it calls advertising video-on-demand (AVOD). But later in the document is where the business starts to blur since it explains that AdMob, a Google-housed mobile advertising company, will be the "preferred monetization solution" and "pay TaTaTu in fiat."
The white paper goes on, though, stating that regardless, the funds that come in from third-party ad providers will be converted into the platform's tokens – and those will then be shared with viewers (whose identities will be verified) and content providers over the next few weeks.
Here again, TaTaTu breaks from the norms of most ICO-backed companies, as the white paper discloses, "TaTaTu takes a small percentage of profits in order to run the platform while the large majority goes to the user."
Many ICO issuers have decided to send all revenue to users, with the company making money off the growing value (as adoption increases) of crypto tokens held in reserve. That said, TaTaTu will also earn funds in that way. The white paper indicates that unsold tokens are held in a reserve (35.5 percent), which will be used for stabilizing the market, but another 5 percent is set aside for the team and advisors and 2.5 percent for the founder.
And if that in itself didn't add a significant amount of complexity, once the video-on-demand service goes live, it only becomes more complicated.
The white paper describes eventually adding features familiar to other major websites, such as celebrity profiles, blockchain-based digital rights management, peer-to-peer recommendations and user-generated video, among other ideas. It also describes other kinds of video content, such as sports streaming.
According to the white paper, these additional features will be completed between now and sometime around March 2019.
Users already?
It's an ambitious plan, but according to the press release, one that has garnered significant attention not only from investors but also future users.
The platform launched an alpha release on June 15 for 500 users, yet the press release states that 200,000 people have joined the waiting list to participate in the new platform.
Early users will earn tokens for testing and interacting with the platform, and much like other content platforms, such as Steemit, these early entrants are likely to receive some of the richest rewards if the new protocol works as planned.
That said, the project's priority appears to be content over technology. According to the white paper, only 15 percent of the funds raised will be used for overhead, which includes software development. Meanwhile, 35 percent will be devoted to user acquisition and another 35 percent to content acquisition. Lastly, another 15 percent will be put towards marketing.
Indeed, the Lamborghini film isn't the only one slated for the service; another film the company is promoting is a forthcoming documentary chronicling actor Jeremy Renner's efforts making music for the animated film, "Arctic Justice: Thunder Squad."
Speaking to her support of Iervolino's past work in film, Bacardi said in the press release:
"Andrea is a forward thinker who has always met, an in many instances exceeded, his own high business standards."
Still, with TaTaTu's charge into film distribution, the company will face an extensive array of competition on the blockchain, as many other projects have entered into different aspects of this space. The most direct competitor is Flixxo, but others include YouNow and VideoCoin.
That said, if money is what will make or break this use case, TaTaTu's reported fundraising round is larger than all those other efforts combined.
__
UPDATE JUNE 21th, 2018 :
According to the latest information we have received and the investigations carried out, we think we have identified some members of the rogue team of Matyas Zaborszky and Yogesh Dhiman.
From the complaints received:
Name: Darko Popovski
Linkedin Profile: https://www.linkedin.com/in/darko-popovski-57b43b137/
E-mail : [email protected]
The SCAM Darko Popovski is a young man who lives in Macedonia and who presents himself as an expert in "video editing". On his Linkedin profile he claims to work for different Company as an expert but we discovered that it is actually a scam.
SCAM DarKo Popovski sends messages saying that these parents are sick and that he needs to get a cash advance on his work because he has to pay the medical expenses. And if we do not send a cash advance, then he does not do the work and starts sending insult and threat emails and, like Matyas Zaborszky, he starts threatening to make smear campaign if we pay him not.
So please WARNING, if the SCAM Darko Popovski asks you for money before finishing are so-called video editing work, to cover the expenses of those sick relatives, especially not pay.
So much so it seems that a startup looking to release movies – early offerings include a biopic about the founder of the car company and his feud with the founder of Ferrari – has raised a whopping $575 million off its private sale of TTU crypto tokens from investors including BlockTower Capital and even a prince.
With that, the startup, called TaTaTu, has raised the third largest round ever using the initial coin offering (ICO) model – surpassed only by EOS and Telegram, according to data from CoinDesk's ICO Tracker.
If that sounds crazy – such a huge raise by a company called TaTaTu with no history in the crypto space – you wouldn't be alone. Even one of the project's backers admits that the news, announced today, will catch many off guard.
"The large round seems surprising in the context of a crowded and bearish crypto industry, in which investors typically participate with crypto, and not fiat. We think it, in fact, isn't," Allan Cassis, the CEO of Lvna Capital, told CoinDesk. Cassis' family gave money to the project, but Lvna Capital did not participate in the round.
Pointing to a new category of interested crypto backers, he continued, saying, "This is new money coming into the markets at a time when we continue to see delays from the long-expected institutional investors' participation in bitcoin."
Sure enough, some of that new money is coming from European royalty and nobility – Prince Felix of Luxembourg, second in the line of succession, and Lady Monika Bacardi, of the family that owns the famous liquor company, Bacardi Limited. (CoinDesk was not able to confirm Prince Felix's investment by press time, but TaTaTu previously disclosed Lady Bacardi's pledge on its Medium blog, where it "estimated" her backing at $100 million.)
Plus with BlockTower Capital investing and Lvna Capital acting as a strategic advisor, there seems to be quite a bit of support for TaTaTu's endeavor – which isn't only about movie making.
On top of creating its own video content, TaTaTu plans on building a token-powered video-on-demand platform to compete with Netflix. According to the press release, the funds raised will be used to build the platform, build audience and promote an ad-supported service that will share revenue with viewers.
TaTaTu CEO Andrea Iervolino said in a press release:
"The response is further validation that our model of acquiring and producing our own content mixed with rewarding users with TTU tokens to watch that content on the platform will benefit everyone."
Still, there's a number of things about this round that may give observers in the space pause.
For starters, huge rounds tend to make people more skeptical than reassured, plus projects that flaunt celebrity-like backers have many times ended badly. Plus there's a number of small things – including spelling errors on websites, the white paper and in the press release – that will add doubts (spelling errors are generally seen as the mark of scammers).
But perhaps one of the most notable breaks from typical industry practice is that the white paper does not indicate how many tokens will be created for TaTaTu or whether more will be created over time.
Instead, the white paper only acknowledges that 57 percent of the project's ethereum-based tokens were set aside for the private sale. And provided that hasn't changed, that would value the token supply at a little over $1 billion.
While BlockTower Capital's Ari Paul did not respond to a request for comment, he did confirm that he gave this statement for the announcement:
"I'm excited for projects that will spread cryptocurrency beyond the current less than 0.5 percent of the world that holds it."
The TTU economy
The way TaTaTu plans on getting crypto into the hands of everyday users is by sharing its revenue with content viewers and creators.
The basic idea behind TaTaTu is simple on its face: viewers of the content distributed through the service will share in the ad-revenue earned by the service, as will creators who provide their work.
And according to the white paper, revenue from advertisers will be paid in the native crypto token and all rewards for the viewing of content will be paid out in TTU as well, which it calls advertising video-on-demand (AVOD). But later in the document is where the business starts to blur since it explains that AdMob, a Google-housed mobile advertising company, will be the "preferred monetization solution" and "pay TaTaTu in fiat."
The white paper goes on, though, stating that regardless, the funds that come in from third-party ad providers will be converted into the platform's tokens – and those will then be shared with viewers (whose identities will be verified) and content providers over the next few weeks.
Here again, TaTaTu breaks from the norms of most ICO-backed companies, as the white paper discloses, "TaTaTu takes a small percentage of profits in order to run the platform while the large majority goes to the user."
Many ICO issuers have decided to send all revenue to users, with the company making money off the growing value (as adoption increases) of crypto tokens held in reserve. That said, TaTaTu will also earn funds in that way. The white paper indicates that unsold tokens are held in a reserve (35.5 percent), which will be used for stabilizing the market, but another 5 percent is set aside for the team and advisors and 2.5 percent for the founder.
And if that in itself didn't add a significant amount of complexity, once the video-on-demand service goes live, it only becomes more complicated.
The white paper describes eventually adding features familiar to other major websites, such as celebrity profiles, blockchain-based digital rights management, peer-to-peer recommendations and user-generated video, among other ideas. It also describes other kinds of video content, such as sports streaming.
According to the white paper, these additional features will be completed between now and sometime around March 2019.
Users already?
It's an ambitious plan, but according to the press release, one that has garnered significant attention not only from investors but also future users.
The platform launched an alpha release on June 15 for 500 users, yet the press release states that 200,000 people have joined the waiting list to participate in the new platform.
Early users will earn tokens for testing and interacting with the platform, and much like other content platforms, such as Steemit, these early entrants are likely to receive some of the richest rewards if the new protocol works as planned.
That said, the project's priority appears to be content over technology. According to the white paper, only 15 percent of the funds raised will be used for overhead, which includes software development. Meanwhile, 35 percent will be devoted to user acquisition and another 35 percent to content acquisition. Lastly, another 15 percent will be put towards marketing.
Indeed, the Lamborghini film isn't the only one slated for the service; another film the company is promoting is a forthcoming documentary chronicling actor Jeremy Renner's efforts making music for the animated film, "Arctic Justice: Thunder Squad."
Speaking to her support of Iervolino's past work in film, Bacardi said in the press release:
"Andrea is a forward thinker who has always met, an in many instances exceeded, his own high business standards."
Still, with TaTaTu's charge into film distribution, the company will face an extensive array of competition on the blockchain, as many other projects have entered into different aspects of this space. The most direct competitor is Flixxo, but others include YouNow and VideoCoin.
That said, if money is what will make or break this use case, TaTaTu's reported fundraising round is larger than all those other efforts combined.
__
UPDATE JUNE 21th, 2018 :
According to the latest information we have received and the investigations carried out, we think we have identified some members of the rogue team of Matyas Zaborszky and Yogesh Dhiman.
From the complaints received:
Name: Darko Popovski
Linkedin Profile: https://www.linkedin.com/in/darko-popovski-57b43b137/
E-mail : [email protected]
The SCAM Darko Popovski is a young man who lives in Macedonia and who presents himself as an expert in "video editing". On his Linkedin profile he claims to work for different Company as an expert but we discovered that it is actually a scam.
SCAM DarKo Popovski sends messages saying that these parents are sick and that he needs to get a cash advance on his work because he has to pay the medical expenses. And if we do not send a cash advance, then he does not do the work and starts sending insult and threat emails and, like Matyas Zaborszky, he starts threatening to make smear campaign if we pay him not.
So please WARNING, if the SCAM Darko Popovski asks you for money before finishing are so-called video editing work, to cover the expenses of those sick relatives, especially not pay.
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