Topic: TRADOVE ICO BBCOIN is a SCAM - page 3. (Read 3202 times)

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.

Been following this ICO for weeks.  Im definitely convinced this is NOT A SCAM. Do your Own Research guys. I have found its these under-hyped ICO's that have the best return on investment. Thanks to @modano182 for his comments and research on this and as a fellow Aussie trying to filter the BS from the truth your research is appreciated. Im going in on the pre-sale with intentions of medium to long term hold.

I am interested in this project, but the team needs to be more open to questions.
BTW, it is really a bold proposal that trades will use this token for their business.

MUST READ:

https://cointelegraph.com/news/a-social-network-for-buyers-and-sellers-to-boost-international-trade-with-its-crypto-currency

I was thinking of investing but the alarm bells and red flags are a plenty. The owners clearly do not have a clue about PR. When did Linkedin become a source of truth for anything "investors"? And videos - wow.. if videos proved anything we'd have so many war crimes tribunals right now the Hague would not be able to cope. Fools and their money are easily parted.

If everything is not clear, i will not invest. I don't want to lose money

Very well said.
I can't understand why the team would not follow your good advice.

Hi bfxcoin,

Since your request, I've posted two photos of me with team members on our official thread in response to your request. All of our team LinkedIn profiles are also available to link to from our website https://bbcoin.tradove.com/.

You may also be interested in this website featuring our chinese-based team (our largest) which also has the address and telephone number for our Chinese facility in Chongqing: https://china.tradove.com/index_e.html.

Good fortune to you,

-Kent

Hi bfxcoin,

Head over to the official bitcointalk forum for our ICO which isn't hopelessly misinformed like this one is. https://bitcointalk.org/index.php?topic=2288789.new#new

Kind Regards,

-Kent

wow! after reading all this I don't think I'm going to invest in this project. Seems super fishy

I'm still waiting for you photos of your company and your team together . I do not think it's hard or take a lot of time .
Mr kent yan please show they for us .
I think there is no such thing, if it were, you have already been shown, and I think my capital is gone.

Hi,

you are coming across as a bit of a righteous know-it-all. Are you?
Should you not respect stakeholders? Why should we contribute?

How exactly are you planning to fight FUD and why did you not think about it up front?

Just admit that you failed there and didn't listen to good advise. Ask for help! You need it.

In the meantime. I've asked for input from your refences on LinkedIn.

We might swing it still but you need to stand back.

END,
HC

We have launched the legal process. This process will be the benchmark case in the crypto world to let people talk and act responsibly.

Our legal will take it from here. We do not prove our innocence from every false claim. But you are always welcome to contact those people on LinkedIn to verify.

Hm. Thanks for your somewhat reassuring response.

I don't think this is a scam but if I could have a refund I would take it and not invest again. This ICO seems hastily prepared, technically challenged (What's with that manual verification? How exactly would one see the legal threat succeed?) and ill-equipped to deal with challenges such as FUD posts. Aren't you supposed to get the community hyped up?

I would, as I wrote, be put further at ease by seeing some of the Advisors publicly commit to this project.

As it stands, I recommend against this ICO. I know, that hurts my own investment. A bunch of refunds to people I don't know don't help to instill trust at all.

As a contributor, for better or worse, I hope to be proven wrong. Up your game, Tradedove!

All the best,
HC

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!

Hi Kent,

even before the warning here, I too was shocked when I followed the flow of my contribution, convinced I had been scammed, slapping myself for following icobench.com ratings without doing in-depth research myself. Lesson learnt!

Looking at some of the LinkedIn profiles calmed me enough to think otherwise but I am still surprised that some of your high profile Investors & Advisors don't make any mention of TRADEOVE. For example:

- Mr. Gerhard Schulmeyer - Siemens, ABB, Zurich Insurance - https://www.linkedin.com/in/gerhard-schulmeyer-b6933431/
- Dr. Anastassia Lauterbach - Deutsche Telekom, T-Mobile - https://www.linkedin.com/in/anastassia-dr-lauterbach-021a004/

I think confidence needs to be restored urgently and importantly so before BBCOIN is listed on exchanges as otherwise a lot of tokes will likely be dumped as people try to minimize their losses for fear of having been scammed.

Can you not reach out to Mr Schulmeyer, Dr. Lauterbach etc. to endorse this project publicly on their LinkedIn profile? As your Investors & Advisors, surely they will want to do so.

Best regards,
HC

Tbh i was going to invest today, but im going to wait for the public sale. there is to much scam specualtion over this, would be nice to see more clarification on this, alot of people wanting refunds and all these allegations. really need some confidence before i put my money behind this. this pre ico should have been sold out but all these rumours is worrying

I will respond to your accusation one last time and hope we can resolve this in a friendly way before our legal takes over.

1. They claim to be a really huge company/network B2B and they are not at all. It's in the best case scenario a very tiny company, that earn some money with email spamming.

We never said we are huge company. We have 25 people in our team. The team and our advisors spread over in US, China, Japan, Germany, Switzerland and UK.

We had email campaigns just like LinkedIn and Facebook did in their early days. But we did not make money with email spamming.


2. Their linkedins are fake, they faked profiles in crunchbase, xing and other network to look trusthworthy.

We did not fake the profiles of our team members and advisors on LinkedIn, Cunchbase and Other Places. You can talk to the, if you want.

3. https://www.linkedin.com/company/2061291/ has 98 employees in Linkedin, most of them are ico related or sockpuppets fakes accounts, a lot of "project managers".

Good catch. If you check when the accounts were set up. They were set up years ago in the early days of our company, way before ICOs started. Many of the accounts have stop functioning. We set up those accounts because we use LinkedIn to invite people to join our network and LinkedIn limited # of messages or invitations you can send a day. Now we have stopped using those accounts

4. The same for his other scam company called Braincess, is registered in whitepages with the same President, phone number, and address:

https://www.linkedin.com/company/braincess-inc-/

Braincess was the first company I started. It was dissolved. Both of the companies used the same office address to save rent money.

I hope this clears your doubt and we can end this in a friendly way. I wish you did your research deeper w/o hurting our ICO and reputation. Please withdraw your false claims before our legal takes over. I will check back tonight.

Many thanks,

Kent Yan
Founder and CEO
TRaDove, Inc.

My friend, we have been tolerating. You have 24 hours to prove or quit

Kent J Yan
Founder and CEO
TraDove, Inc.