Author

Topic: UbiatarPlay, a huge scam that it's still active (Read 221 times)

legendary
Activity: 2380
Merit: 2369
Their greed for money exposed the team themselves. They thought they can get away with their wrongdoings to their bounty hunters. With people talking, anything is possible now in this digital age. But running after them and getting the fair share of bounty hunters is still a difficult task. And do you still want to chase them if they have no value anymore?
I don't want them to keep scamming people, because they're extremely greedy, so the more people know they're scammers the better.
legendary
Activity: 2380
Merit: 2369
All tokens are useless , just to remember everyone that bitcoin was free when it started.However I do not think they have run out of money, most likely a good slice of money they divided between them, 3 or 4 people max, good money i guess!
Well, it depends: at first they said that the token was necessary to use their services, no token = no Ubiatar, then later we discovered that they sell their services for fiat money, so the token is useless in this case.

And let's not forget that they evaluated ETH at a much higher rate, and then ETH kept going down, so I'm sure they didn't sell at the right time. But for sure Francesco Raco had enough money to buy a brand new Porsche for him.
sr. member
Activity: 1988
Merit: 275
I just think if UAC is priceless at the end (currently), why UbiatarPlay team hadn't distributed the tokens to people especially bountiers to pay their jobs in full amount? or perhaps just distribute the tokens anyway as airdrop to as many as possible people for future benefits?
Team had collected a lot of fiat money, why they keep UAC token on theirs?
Besides being incompetent, as already said by Davide, they are also full of themselves: they don't listen to nobody, they decided to cut all the collaborations they had because they didn't want to do things as suggested by people with much more greater experience and also they were scared that the bounty hunters would have dumped their token. What they didn't realize, because they're stupid, it's that not paying the bounty hunters opened their Pandora's box and people began to investigate them, and one by one we discovered all the shit they've done.
It's funny because they got caught scamming people because they didn't want to give away a useless token, if they'd have paid the bounty hunters their scam could've gone much further. Do you understand now because they're so stupid?

All tokens are useless , just to remember everyone that bitcoin was free when it started.However I do not think they have run out of money, most likely a good slice of money they divided between them, 3 or 4 people max, good money i guess!

Their greed for money exposed the team themselves. They thought they can get away with their wrongdoings to their bounty hunters. With people talking, anything is possible now in this digital age. But running after them and getting the fair share of bounty hunters is still a difficult task. And do you still want to chase them if they have no value anymore?
legendary
Activity: 2212
Merit: 1014
I just think if UAC is priceless at the end (currently), why UbiatarPlay team hadn't distributed the tokens to people especially bountiers to pay their jobs in full amount? or perhaps just distribute the tokens anyway as airdrop to as many as possible people for future benefits?
Team had collected a lot of fiat money, why they keep UAC token on theirs?
Besides being incompetent, as already said by Davide, they are also full of themselves: they don't listen to nobody, they decided to cut all the collaborations they had because they didn't want to do things as suggested by people with much more greater experience and also they were scared that the bounty hunters would have dumped their token. What they didn't realize, because they're stupid, it's that not paying the bounty hunters opened their Pandora's box and people began to investigate them, and one by one we discovered all the shit they've done.
It's funny because they got caught scamming people because they didn't want to give away a useless token, if they'd have paid the bounty hunters their scam could've gone much further. Do you understand now because they're so stupid?

All tokens are useless , just to remember everyone that bitcoin was free when it started.However I do not think they have run out of money, most likely a good slice of money they divided between them, 3 or 4 people max, good money i guess!
legendary
Activity: 2380
Merit: 2369
I just think if UAC is priceless at the end (currently), why UbiatarPlay team hadn't distributed the tokens to people especially bountiers to pay their jobs in full amount? or perhaps just distribute the tokens anyway as airdrop to as many as possible people for future benefits?
Team had collected a lot of fiat money, why they keep UAC token on theirs?
Besides being incompetent, as already said by Davide, they are also full of themselves: they don't listen to nobody, they decided to cut all the collaborations they had because they didn't want to do things as suggested by people with much more greater experience and also they were scared that the bounty hunters would have dumped their token. What they didn't realize, because they're stupid, it's that not paying the bounty hunters opened their Pandora's box and people began to investigate them, and one by one we discovered all the shit they've done.
It's funny because they got caught scamming people because they didn't want to give away a useless token, if they'd have paid the bounty hunters their scam could've gone much further. Do you understand now because they're so stupid?
legendary
Activity: 2212
Merit: 1014
After their check they began distributing the 5% of what they promised. Yes, you read it correctly, FIVE %. Of course people started comparing since the got like $100 for 3 months of work, then Ubiatar made a Telegram announcement:

Really great effort to show argument and evidence of Ubiatar scam accusations. I heard some of bountiers were not paid at all, what a pity.

Quote
- They based their whole ICO marketing on a win-win commitment (link) that they now refuse to respect
- They paid bounty hunters 5% of what they promised

- <.................Snip>

- It’s discovered that the companies that use Ubiatar’s services pay using fiat money, not the token, the token is completely useless and it was only an excuse to launch an ICO and get some easy money

I just think if UAC is priceless at the end (currently), why UbiatarPlay team hadn't distributed the tokens to people especially bountiers to pay their jobs in full amount? or perhaps just distribute the tokens anyway as airdrop to as many as possible people for future benefits?
Team had collected a lot of fiat money, why they keep UAC token on theirs?


Very simple, they are people unable to do business. They could have done much better if they had capable people in the project, unfortunately it was not so.
member
Activity: 294
Merit: 13
After their check they began distributing the 5% of what they promised. Yes, you read it correctly, FIVE %. Of course people started comparing since the got like $100 for 3 months of work, then Ubiatar made a Telegram announcement:

Really great effort to show argument and evidence of Ubiatar scam accusations. I heard some of bountiers were not paid at all, what a pity.

Quote
- They based their whole ICO marketing on a win-win commitment (link) that they now refuse to respect
- They paid bounty hunters 5% of what they promised

- <.................Snip>

- It’s discovered that the companies that use Ubiatar’s services pay using fiat money, not the token, the token is completely useless and it was only an excuse to launch an ICO and get some easy money

I just think if UAC is priceless at the end (currently), why UbiatarPlay team hadn't distributed the tokens to people especially bountiers to pay their jobs in full amount? or perhaps just distribute the tokens anyway as airdrop to as many as possible people for future benefits?
Team had collected a lot of fiat money, why they keep UAC token on theirs?
hero member
Activity: 2254
Merit: 709
Here is the final written for months of this project. I think one of the worst managed, in addition to many others. Common denominator: Italians.

https://deadcoins.com/entry/4108/?gvid=1308
legendary
Activity: 2212
Merit: 1014
Great Jobs Ale!
legendary
Activity: 2380
Merit: 2369
Hello guys,

I’d like to bring your attention on UbiatarPlay, a project that, in my opinion, despite the fact they actually have an app, it’s a scam, I’m gonna explain why.

Everything began after the ICO and bounty program finished, we’re talking about end of May 2018, when they started mentioning the the bounty thread that the rewards would have been reduced (after they added like 2 extra months for the same reward), I personally contacted one of the founder, Francesco Raco (https://www.linkedin.com/in/francesco-raco-6b4070150/) and he told me he didn’t know anything about these messages on the forum:

We will reduce the bounty for any campaign and we will run a new campaign after the ICO end.
I'm sorry and why is that?! Why do you decide to reduce the rewards just a few days before the campaign ends? I don't think this is correct at all towards all the people who spent their time. Especially because you already decided to make this campaign several weeks longer so the final result for us is more work for less reward? Are you serious?!

You have read the disclaimer on the first page?
The disclaimer that says you can do pretty much whatever you want? Sure, so at this point why don't you decide to hive 1 token to each bounty hunter and that's all, you can, it's written there, no?
My question was: do you really think this is correct? Do you really think this is a way to show respect for those who worked for you for months? Would you be happy if you were in our sure?
You got millions from the ICO and you decide to save money on the bounty hunters who worked for the double of the time because this campaign was already supposed to originally ends several weeks ago.
Just write it clear that you do it because 1) you can, it's written in the disclaimer of course; 2) because the people behind this project care only about the money and not the people who publicized their product for months and months. Thanks.

This is a good bounty compare to many other project, Ubiatar was very generous to give airdrop and bounty. Make another campaign it will give a great opportunity to many other users to join this project! 1 Milion airdrop plus another million tokens for bitcointalk, you should be happy instead of complain.

After I asked few more info to Francesco Raco, on Telegram, without any reason he stopped answering me and blocked me.

In the meantime the ICO ended and they raised several millions, especially thanks to their “win-win commitment”, that has been their best idea to sell the token. You can read their PDF here because after the ICO that file disappeared from their website, and in the WP they never mention it.

Among all this they delayed the bounty distribution for months, they keep saying that the old bounty manager made a lot of mistakes so they are manually checking every single bounty hunter.

After their check they began distributing the 5% of what they promised. Yes, you read it correctly, FIVE %. Of course people started complaining since the got like $100 for 3 months of work, then Ubiatar made a Telegram announcement:
Following the numerous requests sent to the email: [email protected], we would like to point out that users who worked for the UbiatarPlay bounty program are almost 12,000.
Our team is checking the work done one by one and only at the end of this procedure we can proceed with the total payment of the amount due.
Thank you

UbiatarPlay Sa
So you are saying you have received almost 12,000 email?! Please, do you really think we're this stupid?

Without the Telegram bounty these are the numbers of the other campaigns:
- Translation: 75 users (accepted: 12)
- Signature: 265 users (accepted: 185)
- Blog and articles: 564 users (accepted: 180)
- Facebook: 632 users (accepted: 588)
- Twitter: 421 users (accepted: 376)
Total: 1957 users (accepted: 1341)

I highly doubt that all the people who took part in the Telegram campaign have sent an email, they will get 1-2 tokens maximum...


Some people also ask to be revoked from their website, and also have all their data deleted, and incredibly Ubiatar refuse to do it:
So, I decided to take a look at Ubiatar’s Telegram chat after I read that a user was chatting with their CEO, Francesco Raco, and he told him that now the bounty hunters’ request aren’t 12k, now they have increased to 20k!!

A quick recap:
- Before the bounty hunters are 12k
- Now they are 20k
- In the Telegram chat there are less than 13k subscribers
- In the old bounty spreadsheet there were less than 2k people.

So it’s easy to see that Ubiatar and their CEO are lying to everybody, probably they think to be very smart and have a very low consideration of other people’s intelligence…

After I took a look at their Telegram subscribers I found this:




















Those of course are just a part of the screenshots, there literally are hundreds or even thousands of deleted accounts and other accounts with Southeast Asia names without profile picture. So what does it mean? It means that all those accounts are fake and have been bought in packages just to increase the number of the subscribers in the chat, so they are trying to show a lot of people interested in their project when clearly many of them are fake.

This project just gets worse day by day, SCAMMERS!!


The chat of course is basically dead, nobody writes because as soon as you ask something about the bounty or the exchange they ban you and delete all posts, but suddenly appear some very active and excited members, people who really like the app, ask a lot of question… It’s a bit suspicious, and after a short investigation we understand why: they are the very same Ubiatar social managers who keep changing name and profile picture and they impersonate new users, you can see several screenshots here:
- https://bitcointalksearch.org/topic/m.45290505
- https://bitcointalksearch.org/topic/m.45748613
- https://bitcointalksearch.org/topic/m.45906182

People keep asking info for the exchange quotation, and this is the kind of answers they get, basically the exchange is useless in their opinion: https://bitcointalksearch.org/topic/m.46437663

And they keep with the fake profiles, here you can see that the user called “Enrico_support Ubiatarplay” asks several questions about Ubiatar’s features: https://bitcointalksearch.org/topic/m.46952280

And do you remember that at the beginning I mentioned the “Win-Win commitment”? Well, around mid October people ask info about that, and the chat administrators say they have no idea of what they are talking about, and they ban all people who ask about this, this is their announcement:
In this chat only comments regarding Ubiatar technology, market place, operational problems and any improvements to be implemented are allowed.
Abbiamo pensato per animare un po’ la chat di scrivere noi stessi come fossimo utenti che stavano provando la app.
Quindi facevano domande e gli veniva data una risposta su come funzionava la app, quale fosse il modello di business e domande più pertinenti di quelle che venivano fatte solo dai Bounty che Hunter che volevano cashare prima di tutti i loro uac.
L idea era creare dei percorsi educativi per parlare della tecnologia e non sempre solo exchange, bounty e AirDrop.

Si chiama marketing e non mi pare sia una cosa così grave.
Non mi pare abbiano influenzato il mercato, falsato qualche meccanismo o commesso qualche reato.

So again, for them cheating the community is perfectly normal, it’s marketing, not scam.

In the meantime the number of users in their chat keeps plummeting: in July the had more than 15k users, in September 12,500, November 11k, so it’s clear that they bought packages of users and Telegram is slowly deleting them


People asking about the famous buyback: https://bitcointalksearch.org/topic/m.49932068

And they also send newsletter giving the impression they are pretty much ready to work with Amazon:
Quote
With the technology of telepresence offered by Ubiatar, in the close future you will see the object in real time, understand live as it works, as it appears inside the house and make sure it is the right purchase for your needs.

In this way Amazon would exploit its huge Market Place to provide an additional and innovative service, the on real time feedback at the service of all future consumers.
 
This service will increase Amazon sales and provide to customers, who lend themselves to make their purchase with Ubiatar, discounts or even the possibility of being remunerated. In fact, all those who will be available to offer this service will make an appointment with the future buyer, through the Ubiatar platform, and at the end of the experience will receive a prize from Amazon.

Science fiction? No, reality! Ubiatar's Team in fact, since last January, is working with Amazon to create this project together and making online shopping experience even more satisfying.

So of course people get excited, they ask for more info, and at the end Ubiatar admit they only had some appointments, that’s all: https://bitcointalksearch.org/topic/m.49976656

So before they declared that “Ubiatar's Team in fact, since last January, is working with Amazon” and now they have nothing, only a picture in front of an empty desk.

This was the newsletter: https://bitcointalksearch.org/topic/m.50060942

But it’s on March 10 that we have an incredible (bad) news: all the companies that use Ubiatar’s services pay in fiat, not through their UAC token, so the token is absolutely useless: https://bitcointalksearch.org/topic/m.50104598

So now it’s clear that the ICO, that raised $12mln, was only an excuse to get some easy money and then forget about the tokens and the investors, because nobody uses that token, it has no real purpose.

And what’s the value of the token? During the ICO it was $2 each, now it’s basically 0, you can see there are 0 volumes in the 2 exchanges that quoted this useless token:
https://idex.market/eth/uac
https://www.coinlim.com/#/dashboard


Other problems in the chat, one user asks how many active users they have and he gets banned and all messages deleted by Francesco Raco: https://bitcointalksearch.org/topic/m.50638709

And they keep buying fake accounts to increase the number of users, which keeps plummeting: https://bitcointalksearch.org/topic/m.50665658

People also ask why the social network are basically dead, they say it’s because they didn’t reach the hard cap ($30mln) and with only $12mln they can’t afford to pay other employees: https://bitcointalksearch.org/topic/m.50729258


--- --- ---   --- --- ---   --- --- ---


tl;dr

- They based their whole ICO marketing on a win-win commitment (link) that they now refuse to respect
- They paid bounty hunters 5% of what they promised
- They faked the number of bounty hunters (real number <2,000, they say more than 20,000, so it’s a 10x)
- They never published the revised spreadsheet hiding themselves behind some “privacy reasons and  European Union laws” they never published
- Ubiatar people give 5 star evaluation to their own app on the store
- Nobody writes in the Telegram chat so the admins start impersonating new excited users, asking a lot of questions and saying they love the app, it’s all fake
- They send newsletters stating that “Ubiatar's Team in fact, since last January, is working with Amazon”, after they have to admit they simple had one appointment with them, no contracts, no relationships of any kind;
- It’s discovered that the companies that use Ubiatar’s services pay using fiat money, not the token, the token is completely useless and it was only an excuse to launch an ICO and get some easy money


For all the above reasons I think Ubiatar is a huge scam.
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