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Topic: Thoughts on upcoming ICO for RAZORMIND (Read 2604 times)

full member
Activity: 138
Merit: 100
August 14, 2016, 08:57:56 PM
#28
Thank you for your questions. Razormind had absolutely nothing to do with the 'Razorcoin' altcoin. We created a blockchain services company called Razorcoin.com several months before some random group decided they liked the name and launched an altcoin with it. DeOS is not an ICO - the tokens are not investment vehicles and we actively discourage people from purchasing them if people indicate that is why they are considering buying them.

The screenshots are more troubling and we've had reports of duplication since yesterday - we pulled the pages at the first notification and are replacing them today with expanded usecases. To be clear there should be NO shared content between our work for clients and those of third parties - someone messed up and we are trying to find out who was responsible.

With respect to the scaling, the crowdsale rewards early adopters - who are likely to be smaller and individual than businesses who typically support in the middle of the sale and low risk institutional funders who are likely to be towards the end of the sale if at all. The Crowdsale site at deos.io will be up today and will contain the DeOS Whitepaper and specific DeOS use-cases for business. The DeOS Demo is slated for 1st of August and we are attending Fintech 2016 this week to answer questions on DeOS. I hope this helps.

Kind Regards

DeOS Team

Razormind


"we are attending Fintech 2016 this week to answer questions on DeOS"

witch Fintech 2016 a u talking about??? curious when & where u attended.  Cool
newbie
Activity: 32
Merit: 0
August 12, 2016, 08:37:34 AM
#27
Just saw this article on Fintechist, I've seen the journalist before, he's pretty active. Done a search on Bitcointalk and found this thread.

Here's the article: http://fintechist.com/ethereum-competitor-deos-offers-blockchain-solutions-everyone/

Sounds like they are hyping themselves up vs Ethereum? Do they have a chance?

Also looks like their token sale is still ongoing... Over 5000 BTC!
But there's no public address I could verify. Odd.

Good thing I found this thread and several others on here!
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
July 25, 2016, 02:04:10 AM
#26
This shows that they are razorcoin

https://bitcointalksearch.org/user/jaez-246395

Thank you for the link! I am now 100% sure that this is a blatant scam! I did openly invited Mr. Jawad to explain some things in one other thread, but he wanted me to send him e-mail if I have any questions. Grin

This is the thread: https://bitcointalksearch.org/topic/razormind-is-most-likely-a-scam-1562962
full member
Activity: 210
Merit: 100
July 24, 2016, 11:29:49 AM
#25
This shows that they are razorcoin

https://bitcointalksearch.org/user/jaez-246395
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
July 24, 2016, 08:54:43 AM
#24
https://coinidol.com/5-million-investment-in-new-european-blockchain-banks-for-poorest/

on the other hand- if this is fake they will get sued hard. Jawad Jaqub is a trackable person

I have openly invited "them" (i.e. Jawad) to clear some confusion and look what he answered: https://bitcointalksearch.org/topic/razormind-is-most-likely-a-scam-1562962  Huh Huh Huh
full member
Activity: 210
Merit: 100
July 24, 2016, 08:49:41 AM
#23
https://coinidol.com/5-million-investment-in-new-european-blockchain-banks-for-poorest/

on the other hand- if this is fake they will get sued hard. Jawad Jaqub is a trackable person
hero member
Activity: 724
Merit: 500
July 23, 2016, 03:48:39 PM
#22
The media files for this coin look like they were made by a 11 year old.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
July 23, 2016, 02:13:47 PM
#21
.....

Some good observations and I intend to ask them directly on Twitter. I'd like to ask just one question. WHAT'S THE POINT OF THIS TWEET???: https://twitter.com/razormind/status/756919882743222272

EDIT: HAHA, they deleted the tweet. It was from periscope and one about 40-45 year old guy was filming his backyard for like 01:30 mins pretty much without say anything. Razor guys, just want you to know that I have the video downloaded. Smiley Here is the video on periscope: https://www.periscope.tv/razormindnetwork/1MYxNzNeVRRxw (please someone else to download it for reference to a "serious" project with more than 2k BTC invested so far). Use this link to download the video: http://periscopevideodownloader.com/
full member
Activity: 396
Merit: 101
July 23, 2016, 02:05:45 PM
#20
Found out info about Razormind and DeOS ico in 2 Cointelegraph articles.

After 30mins due diligence I'm 100% sure this is scam.
I wonder how Cointelegraph let these bullshit articles to be on their website. (Author: Niall Maye)
https://cointelegraph.com/news/razormind-targets-ethereum-by-crowdfunding-deos-blockchain-on-july-15
https://cointelegraph.com/news/uk-based-razormind-emerges-as-blockchain-rival-to-ethereum-microsoft-ibm-and-eris

1.
Company Razormind has been registered twice.
1st time on 22.04.2014, dissolved on 01.12.2015 via compulsory strike-off:
https://beta.companieshouse.gov.uk/company/09005214

2nd time (current): 19 feb 2016 (5 months ago)
https://beta.companieshouse.gov.uk/company/NI636534

2 shareholders\owners.
Statement of capital on 2016-02-19, GBP=1 - https://[Suspicious link removed]/kBsD0D
Serious capital, enterprise solutions, yeah.

As I understand, you can register a company in UK over the internet, providing owners, shareholders and company data + 12 pounds fee.


2.
Website razormind.co.uk looks very cool, but almost all of the content is copied form other sources.


3.
The owner of the company has not been seen in public by anyone.
No photos or public profiles of the team etc also. Even though the article in Cointelegraph states that Razormind has 260 employees


4. Twitter account @Razormind also looks cool and has over 15000 tweets.
Most of them are tweets copied from other sources.
And if you manage to scroll down to the first tweet, you can see that account has been created on 29/03/2016

BTW, @Razormind blacklisted me right after my tweet about DeOS scam Smiley


5. No escrow for ICO funds.
You need to send an email to [email protected] to invest to the ICO. After that you receive an email with "uniquely generated BTC Address" to invest. Oooook.
Also, you can have bonuses as a wise early fintech adopter! Quote from the answer email:
"Some perks for funders:
       *  2 BTC an email thank you written personally by CEO Jawad Yaqub
       *  5 BTC the above plus a tweet from @razormind to say thank you.
       * 10 BTC Dinner with Razormind
   * 75 BTC DeOS Foundation Membership"

Hell yeah! Dinner, beeatch!



hero member
Activity: 762
Merit: 500
July 18, 2016, 10:23:07 PM
#19
The screenshots are more troubling and we've had reports of duplication since yesterday - we pulled the pages at the first notification and are replacing them today with expanded usecases. To be clear there should be NO shared content between our work for clients and those of third parties - someone messed up and we are trying to find out who was responsible.
Even if you claimed that you worked for Akamai previously, you shouldn't rip the content from their website and use it as your own. I am talking about the support page, SLA document on your site, they are still there.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
July 18, 2016, 07:56:40 AM
#18
Why do you have razorcoin in the cointelegraph interview here:

http://cointelegraph.com/news/uk-based-razormind-emerges-as-blockchain-rival-to-ethereum-microsoft-ibm-and-eris

We need some clarification on this.

Yeah, that's a very good question. There is even a link to the RZR's thread in the article.
hero member
Activity: 1008
Merit: 500
July 18, 2016, 07:37:41 AM
#17
Thank you for your questions. Razormind had absolutely nothing to do with the 'Razorcoin' altcoin. We created a blockchain services company called Razorcoin.com several months before some random group decided they liked the name and launched an altcoin with it. DeOS is not an ICO - the tokens are not investment vehicles and we actively discourage people from purchasing them if people indicate that is why they are considering buying them.

The screenshots are more troubling and we've had reports of duplication since yesterday - we pulled the pages at the first notification and are replacing them today with expanded usecases. To be clear there should be NO shared content between our work for clients and those of third parties - someone messed up and we are trying to find out who was responsible.

With respect to the scaling, the crowdsale rewards early adopters - who are likely to be smaller and individual than businesses who typically support in the middle of the sale and low risk institutional funders who are likely to be towards the end of the sale if at all. The Crowdsale site at deos.io will be up today and will contain the DeOS Whitepaper and specific DeOS use-cases for business. The DeOS Demo is slated for 1st of August and we are attending Fintech 2016 this week to answer questions on DeOS. I hope this helps.

Kind Regards

DeOS Team

Razormind


Why do you have razorcoin in the cointelegraph interview here:

http://cointelegraph.com/news/uk-based-razormind-emerges-as-blockchain-rival-to-ethereum-microsoft-ibm-and-eris


Quote
“Your readers may remember we built the first digital currency factory - Razorcoin - and started selling custom digital currencies, with their related clients, seed nodes, enterprise APIs etc. to businesses directly. I’m glad to say we built the first version of IrishCoin which was featured in the Wall St Journal. Our motivations were clear - we wanted to make blockchain accessible and safe to use for everyone.”

We need some clarification on this.

legendary
Activity: 1291
Merit: 1000
July 18, 2016, 06:11:32 AM
#16
Until we hear a thorough and verifiable explanation for the copy/paste webpages, I'm staying far away from this one.
newbie
Activity: 1
Merit: 0
July 18, 2016, 04:19:58 AM
#15
Thank you for your questions. Razormind had absolutely nothing to do with the 'Razorcoin' altcoin. We created a blockchain services company called Razorcoin.com several months before some random group decided they liked the name and launched an altcoin with it. DeOS is not an ICO - the tokens are not investment vehicles and we actively discourage people from purchasing them if people indicate that is why they are considering buying them.

The screenshots are more troubling and we've had reports of duplication since yesterday - we pulled the pages at the first notification and are replacing them today with expanded usecases. To be clear there should be NO shared content between our work for clients and those of third parties - someone messed up and we are trying to find out who was responsible.

With respect to the scaling, the crowdsale rewards early adopters - who are likely to be smaller and individual than businesses who typically support in the middle of the sale and low risk institutional funders who are likely to be towards the end of the sale if at all. The Crowdsale site at deos.io will be up today and will contain the DeOS Whitepaper and specific DeOS use-cases for business. The DeOS Demo is slated for 1st of August and we are attending Fintech 2016 this week to answer questions on DeOS. I hope this helps.

Kind Regards

DeOS Team

Razormind
legendary
Activity: 1498
Merit: 1117
July 15, 2016, 11:11:24 AM
#14
watching this. but just because i want to know if this will be a scam or note.
hero member
Activity: 612
Merit: 500
July 15, 2016, 11:02:28 AM
#13
That a shaddy ICO. No escrow address.. Definetely not touchin
legendary
Activity: 1291
Merit: 1000
July 15, 2016, 10:34:01 AM
#12

Nice find. You kept me from making an investment mistake today.


legendary
Activity: 1960
Merit: 1176
@FAILCommunity
July 15, 2016, 03:05:21 AM
#11
DO NOT TOUCH THIS ONE! If these people are really behind Razorcoin, then there is no reason to believe in them.

P.S. Here is what I've said them last year.

EDIT: I posted warning on Twitter: https://twitter.com/FAILCommunity/status/753863577946230784
legendary
Activity: 3416
Merit: 1225
July 15, 2016, 02:41:20 AM
#10
250 employees but, head office address appears to be a duplex residential house.

Original company was Razormind Ltd and closed several years ago.

Now registered as Razormind Limited incorporated early this year.

Five minutes of google time does wonders. Red flags raised for me.
 

Yes Google does wonder when it comes to searching the credentials of any site.Also do this and every should also do the same,especially the name behind the project if the people has a low credentials on Google then they are cannot be trusted at all..
legendary
Activity: 2492
Merit: 1018
July 14, 2016, 11:16:23 PM
#9
ICO these days are just something that scalpers get to take advantage.
People are now aware that price will just drop down to 90 percent during the first few days of its released so they'd just buy the coin on the exchange site instead.
But we'll see how much the bonuses the team give for early investors.
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