Topic: TRADOVE ICO BBCOIN is a SCAM - page 2. (Read 3190 times)

Hi hardalisas

I'm posting a discussion of how BBCoin is intended to be used in our new Blockchain platform on our official thread (where there is a much more active and lively conversation) at https://bitcointalk.org/index.php?topic=2288789.new#new

Now that we have utterly put to bed these nonsense allegations that we were a scam, we're hoping this thread will die down.

I look forward to your engagement with my comments on the use of our token in that thread.

Good fortune to you and to all,

-Kent
CEO, Tradove Inc.

I am confident that this project is not a scam.
What concerns me is that the token seems not to be very valuable in their platform.

I like that team was replying in the begining. But why don't you guys make all clear, not only some parts? I mean part about advisors connection with your company and why you don't have proper KYC, and that strange procedure with sending a photoproof of transaction. I've never seen that in proper ICOs.

i investet in the ico... is there still no token adress to add the token to MEW ? thx

Why all investors want a refund? That really doesn't look good for people who just joined the telegram group and see people demanding a refund. That might hold them back.

I like that team was replying in the begining. But why don't you guys make all clear, not only some parts? I mean part about advisors connection with your company and why you don't have proper KYC, and that strange procedure with sending a photoproof of transaction. I've never seen that in proper ICOs.

TraDove ico is currently open and so far they've collected over 6,000 ETH.

However, they're funnelling the funds via thousands of tiny wallets into Binance.



The ETH contribution address is:
0x90b12787fa2067ccb46f017f70c07529a562c6c9

If you do some digging through transactions you'll spot a pattern. Eth is being sent to staging wallets. Once a wallet reaches 100ETH, it is being split into 3 different wallets. Two of the three are large, about 98ETH total, and the third is the small remainder. In the new wallets for the two large amounts, the process repeats until it reaches 100 ETH, and again it splits.

What's interesting is where the small amounts are going. If you follow them, they bundle into wallets that reach about 4 ETH, then it goes to Binance.

Here's an example chain of transactions:
>From https://etherscan.io/address/0x90b12787fa2067ccb46f017f70c07529a562c6c9
>https://etherscan.io/tx/0x831ac669d2b567e0a31fb25f9e84ddecec01a302affb41959e9dd38abaa0cf42
>To https://etherscan.io/address/0xd27e3ee37894bbd9bee348a4c4839e5876a53b29
>https://etherscan.io/tx/0x8d5ed47414468e75039bc257c9256f4300e96377869b88cf6ee44211926b0daa
>To https://etherscan.io/address/0x79f7dbbfce4fd0749c7685a9f7808555828de127
>https://etherscan.io/tx/0xb012d82d68974c79153ea89d8386060dbf46324e5a0a8c09130bf6cb56c78c2d
>To https://etherscan.io/address/0xb7f274b8c1731187204e0b6d79fa5dbdb8ec44d0
>And then Finally to Binance:
https://etherscan.io/tx/0x22729aca88b59d2183426700524f5e0010ebda581f8468cf3d82a0e061982ade

SCAM

Honestly, this whole board is based on pure bullshit FUD and should be taken down.

Can we just think about this for a second: there is one guy, "entertainment," that goes around a week ago smearing the word "scam" in big letters everywhere and people get nervous.

They start asking for refunds, and the team, quite rightly busy doing their job working at Tradove scrambles to process these orders and this takes a few days to sort out. People get more nervous when they think they've lost their money - and things start spiralling from there.

For a start that an ICO would offer refunds at all is evidence enough of good faith - but if you really want proof of their veracity note that the people got their refunds in due course (see posts 4, 26 and 43 on this board).

The problem was that the horse had bolted - fear had taken root and misinformation started growing easily, spurred on by this entertainment dickhead who probably has had a really fun week being a troll.

But look at it with a fresh pair of eyes for a second and you'll realise that the refunds really are the tip of the iceberg in terms of evidence that this is a legitimate ICO:

Not once, in a million, billion years would a scam company use SAFT contracts - these require American investors to give their details to the american securities regulator the SEC - an organisation designed to protect consumers from fraud? (i suggest you read up https://www.forbes.com/sites/nikolaikuznetsov/2017/10/10/regulations-to-make-or-break-cryptocurrencies-icos/#2961f05c8a83
This is the strongest piece of evidence in my eyes but you be the judge.

Further; how would a scam company convince a former US Congressmen and the ex-head of the Bank of America to put their names on the website let alone come onto the team? These guys have a huge public profile and would never go anywhere near this if it was so fishy that your average punter on botcointalk could smell it. https://www.youtube.com/watch?v=lToEaSAVb10, https://www.youtube.com/watch?v=Miwkpdl8Mtg

Also, how do you explain the fact that the ICO has raised 12 million dollars before the presale period has even finished? (maybe most people aren't as easily swayed by absolute nonsense and can see a legitimate offering when it shows up). https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FWSxqSh7.jpg&t=585&c=tRVBkqWJruKwWg

What about reviews on all the main crypto news sources touting Tradove as not just a legitimate but a highly exciting ICO? https://www.ico-check.com/ico-detail/tradove

Let's be absolutely clear - this board contains nothing but FUD. Do your own bloody research next time and don't be so easily convinced by 25 point text and a big red bull icon (looks Freudian to me but that's not relevant).

If you want to see where the grown ups are talking about Tradove, i suggest you pop over to the actual board at https://bitcointalk.org/index.php?topic=2288789.0;all and realise that the conversation has moved on (mostly) from this idiotic fear campaign and people are getting excited about the prospect of backing a really solid project.

I certainly am!

I found this ICO by icobench too. I went into their telegram and I saw tons of refund requests etc. I had no idea what was going on. My questions got ignored. Their KYC asks for a passport pic, without proof of address. Very different than the KYC procedures I had experience with. Made me feel very insecure to where I sent my passport.
Also they do not give out tokens immediately like other ICOs. All the tokens will be distributed after they get all the money. Not even purchases in ETH via smart contract will give you your tokens directly. (If this is false you should had answered my repeated questions on telegram). And a screenshot of your payment from your wallet is required! That's new! All this combined with a relatively big minimum investment amount.
Either they're so damn bad at what they're doing making themselves appear shady or the are shady. I do not know. Wanted to share my experience.

I never read this thread before today to make things clear. My own experience led me to search for a bitcointalk.org thread.

And the CEO threatening with lawsuits a random guy on the internet? Feels like trying too hard.