Author

Topic: ULTRIX COIN PLATFORM is a scam project (Read 269 times)

copper member
Activity: 630
Merit: 420
We are Bitcoin!
July 14, 2018, 04:47:07 PM
#5
I did an extensive research to create a topic against them then I figured out that a topic (this one) has already created. Here I am pasting my findings...

No team: Screenshot the page has been removed.

Plagiarized whitepaper: URL
I have saved copy. If they remove the reference then I am happy to upload the saved copy from my hard-drive.

Content taken to check plagiarism
Code:
This Whitepaper neither allow to constitute any announcement or any solicitation for investment, nor does
it in any way relate to a contribution or an application of an offer to purchase any securities in any
jurisdiction. This document is not formed in accordance with and is not accountable to, laws or control of
any jurisdiction, which are designed to protect investors.
Certain statements, assessments and financial information contained in this White Paper aggregates
forward-looking statements or information includes known and unknown risks and ambiguous, which may
cause actual events or result to alter materially from the assessment or the results implied or expressed
in such leading statements. White Paper can be modified to provide more accurate information.
The primary source of information about ULX Token is this White Paper in English. The knowledge contained
herein may change from time to time when adapted to other languages or used in the course of vocal or
drafted communications with the actual and expected customer, partner etc..
In the course of such rendering or publication, some of the enlightenment contained may be lost,
corrupted or adulterated. The veracity of such alternative communications cannot be guaranteed. In the
event of clashes or disparity between such translations and communications and this English Language
official White Paper, the provisions of this English Language original document shall abound.
3
Executive Summary:
The Payments industry in Singapore and the South-east Asian markets in growing rapidly. The Digital
Payment Market in Singapore & South-east Asia market will witness a CAGR of 58.90% during the forecast
period FY2017-FY2023. The market in Singapore alone is expected to reach $700 billion by 2022 in terms
of value of transactions.
ULTRIX envisions to be the PayPal of this growing South-east Asian and the Singapore market. It will allow
payments and booking through both fiat and cryptocurrency.
With ULTRIX app, users will be able to send money, manage finances, do shopping, book tickets & pay bills
with their favorite cryptocurrency. Users can scan QR code and make payment. They will also be able to
make direct payments to our partner vendors such as Singtel, Uber etc. To incentivize users, ULTRIX will
offer frequent discounts, promotion, & free airdrops to all its users.
In short “ULTRIX will be an app for the common man, and will make it easier for them to use their
cryptocurrency”.
ULTRIX team has a strong head way in terms of the product development. Given our background in
payments space, we were quick to develop prototype of the payments app. We have already established
tie-ups with partners such as Singtel, Singapore Airlines, Uber, Amazon etc. There are 20+ other partners
with whom we have tied up with.
Screenshot as proof


goooooooooood ulx coin
Its a great project.
It was great project
Very nice and amazing project and best team work
Verry good project I'm joined best project of future
doooooooooooooooooooooood

Let's have an archive of the entire thread.

All these red flags above indicates a warning that ultrix.co is a scam project.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
July 10, 2018, 02:27:17 AM
#4
there is no proof that these people are NOT involved with Ultrix.

I do not know if this can serve as a Proof. but I got in touch with the Deconet and they say they are not part of the ULTRIX COIN team.





I also sent a message to @David Sneider and I'm waiting for his response

If you check their linkedIN profiles, you'd see how they have worked as a "CEO" at 5 differents ICO related firms in less than a year.

In fact, this is what led me to surmise the ULTRIX COIN  is a scam project. see the twitter of @David Sneider and medium that he does not mention the project ULTRIX COIN, that's why I distrusted and started to do research, I'm waiting for the answer from @David Sneider on this case.

here's David Sneider twitter: https://twitter.com/davesneider

here is David Sneider medium: https://medium.com/@davidsneider
legendary
Activity: 1876
Merit: 1308
Get your game girl
July 09, 2018, 07:30:53 PM
#3
Looks like they copied the whole team but to be fair - there is no proof that these people are NOT involved with Ultrix. Actually some of these don't look like they're involved in Deconet either but that's a different story.
I concur. The way these ICO shit-heads work is they keep changing their projects and companies after the ICO is done and quick monies are made.If you check their linkedIN profiles, you'd see how they have worked as a "CEO" at 5 differents ICO related firms in less than a year.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
July 09, 2018, 04:54:58 PM
#2
Looks like they copied the whole team but to be fair - there is no proof that these people are NOT involved with Ultrix. Actually some of these don't look like they're involved in Deconet either but that's a different story.
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