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Topic: WARNING: ICOcountdown.com SCAM extortion scheme (Read 6181 times)

copper member
Activity: 114
Merit: 11
December 30, 2019, 11:44:39 AM
#55
Charging consultation fees is totally legitimate. Finding someone who is who they say they are and do what they say they will is the challenge in this world.

I have talked with Alex, verified he is the real guy, admin of their Twitter account (https://twitter.com/ICOcountdown) , owner of their domain (http://www.icocountdown.com/) and owner of their Telegram account (https://t.me/icocountdown).

I* have hired him for consulting as we move towards our crowd funding launch. I will report as we go.
full member
Activity: 137
Merit: 104
Just gonna step in here to say calling someone a scam for charging a listing rate is dipshittery at its finest.
Thats literally his business, offering ico expertise and listing on hist sit *for a fee*. How you don't understand that you dont just get peoples services for free is beyond me.
sr. member
Activity: 994
Merit: 280
i think icocountdown is good service
many coin is succes in ico selling use icocountdown service, sample LUNYR coin
but iam not understand about OP problem 4.5 bitcoin with ico countdown

Most business people look at the Bitcoin and crypto coins arena and wonder where the money is.  A good business person will examine a pre-existing business model and start finding the path with the highest revenue, the lowest cost and the most staying power.  If you watch the ICO/IPO part of the market, there is a lot of work that goes into launching your own and the market is hard to break. 

Service providers are the link to revenue in every business market.  Linking two parties for a fee is the magic sweet spot that you want to always be.  Think about medical insurance.  The doctors don't want to deal with the billing, the insurance companies don't want to deal with thousands of clients, so a third party company handles nothing but the exchange of information and funding sources between the medical world and the insurance world and takes a fee for every bit of work done. 

This site is a middleman service and they do so because both ends have high risk and possible high returns.  These days it is not about the water company selling water to the people in the desert, it is about the middleman that connects the people in the desert and the water company, performing very little real work and charging probably both ends of the exchange a hefty fee. 

But, if it were not for the third party middle area of service, our companies might have to go back to answering their own phones, dealing with their clients directly and we just can't have that, lol.
newbie
Activity: 36
Merit: 0
the fact that you have to pay to get listed is absolute BS and bad business. I'd stay away from that site. The guy is just using his domain name to make revenue
legendary
Activity: 2954
Merit: 1159
i think icocountdown is good service
many coin is succes in ico selling use icocountdown service, sample LUNYR coin
but iam not understand about OP problem 4.5 bitcoin with ico countdown

Most business people look at the Bitcoin and crypto coins arena and wonder where the money is.  A good business person will examine a pre-existing business model and start finding the path with the highest revenue, the lowest cost and the most staying power.  If you watch the ICO/IPO part of the market, there is a lot of work that goes into launching your own and the market is hard to break. 

Service providers are the link to revenue in every business market.  Linking two parties for a fee is the magic sweet spot that you want to always be.  Think about medical insurance.  The doctors don't want to deal with the billing, the insurance companies don't want to deal with thousands of clients, so a third party company handles nothing but the exchange of information and funding sources between the medical world and the insurance world and takes a fee for every bit of work done. 

This site is a middleman service and they do so because both ends have high risk and possible high returns.  These days it is not about the water company selling water to the people in the desert, it is about the middleman that connects the people in the desert and the water company, performing very little real work and charging probably both ends of the exchange a hefty fee. 
hero member
Activity: 812
Merit: 500
i think icocountdown is good service
many coin is succes in ico selling use icocountdown service, sample LUNYR coin
but iam not understand about OP problem 4.5 bitcoin with ico countdown

Most business people look at the Bitcoin and crypto coins arena and wonder where the money is.  A good business person will examine a pre-existing business model and start finding the path with the highest revenue, the lowest cost and the most staying power.  If you watch the ICO/IPO part of the market, there is a lot of work that goes into launching your own and the market is hard to break. 

Service providers are the link to revenue in every business market.  Linking two parties for a fee is the magic sweet spot that you want to always be.  Think about medical insurance.  The doctors don't want to deal with the billing, the insurance companies don't want to deal with thousands of clients, so a third party company handles nothing but the exchange of information and funding sources between the medical world and the insurance world and takes a fee for every bit of work done. 
legendary
Activity: 2954
Merit: 1159
is that any different than a website charging advertising fees?

And if your project can't afford 4.5 Bitcoin then maybe people shouldn't be trusting you with their hard earned coins cause you're broke

shitcoin exchanges do the same thing, charge to get coins listed...cost of doing business. Is this like the only site people use to find shitty underfunded ICO projects to dump coins into?

Maybe you should do an ICO to create a WEBSITE to compete with icocountdown considering it's nothing more than a website and they are charging high fees..

The exchanges are the place in the Bitcoin world where the controls are the tightest.  When FIAT is involved, there is a point where the government will worm its way in and they found that point at the exchange of FIAT and crypto, so launching an exchange is expensive and difficult.  Mining coins, running a farm and anything that involves mining needs constant upgrading, is very fragile in a revenue sense and is a full time job if it is done correctly.
hero member
Activity: 835
Merit: 1000
There is NO Freedom without Privacy
is that any different than a website charging advertising fees?

And if your project can't afford 4.5 Bitcoin then maybe people shouldn't be trusting you with their hard earned coins cause you're broke

shitcoin exchanges do the same thing, charge to get coins listed...cost of doing business. Is this like the only site people use to find shitty underfunded ICO projects to dump coins into?

Maybe you should do an ICO to create a WEBSITE to compete with icocountdown considering it's nothing more than a website and they are charging high fees..
hero member
Activity: 966
Merit: 506
i think icocountdown is good service
many coin is succes in ico selling use icocountdown service, sample LUNYR coin
but iam not understand about OP problem 4.5 bitcoin with ico countdown

Most business people look at the Bitcoin and crypto coins arena and wonder where the money is.  A good business person will examine a pre-existing business model and start finding the path with the highest revenue, the lowest cost and the most staying power.  If you watch the ICO/IPO part of the market, there is a lot of work that goes into launching your own and the market is hard to break. 
sr. member
Activity: 451
Merit: 256
i think icocountdown is good service
many coin is succes in ico selling use icocountdown service, sample LUNYR coin
but iam not understand about OP problem 4.5 bitcoin with ico countdown
member
Activity: 248
Merit: 12
Voronkov Ventures accelerator of pre-seed projects
picked up some coins,hope the crowd sale goes as planned. Goodluck!
thank you!

Contact to icocountdown or smithandcrown and let them to list this ICO into their website..
Sometimes they help many ICO too
I already did. Icocountdown guy asked money for listing, got them and then disappeared, smithandcrown have all the necessary info from me.

Icocountdown scam.

What are the services, which list ICO for free? Do you have a list of them?
newbie
Activity: 47
Merit: 0
WARNING

ICOcountdown wanted us to pay him 4.5 btc to be on his site and we didn't accept his offer.



ICOcountdown.com aka Alex is trying to extort projects by demanding exorbitant fees to have projects listed on his worthless website.



On top of that, he's now trying to run an ICO [https://bitcointalk.org/index.php?topic=1480468.0]:

Hello everyone,

I have decided to launch my own personal token.

My life will be now tokenized on the Bitcoin blockchain. The life is tradeable and divisible.


-- What a pathetic attempt. Come on.
That's really expensive for a listing, but if you don't pay he doesn't get to "scam" you.
full member
Activity: 131
Merit: 100
New Beginning!
Any service you guys recommend for ICO listing that is not a scam?

The best one is the crowdsourced one: https://github.com/Scanate/UltimateICOCalendar
There is another website wich presents ICO's
https://iconetwork.io/
newbie
Activity: 56
Merit: 0
Any service you guys recommend for ICO listing that is not a scam?

The best one is the crowdsourced one: https://github.com/Scanate/UltimateICOCalendar
newbie
Activity: 10
Merit: 0
This thread confirms everything I've already heard.
newbie
Activity: 28
Merit: 0
Any service you guys recommend for ICO listing that is not a scam?
sr. member
Activity: 298
Merit: 265
picked up some coins,hope the crowd sale goes as planned. Goodluck!
thank you!

Contact to icocountdown or smithandcrown and let them to list this ICO into their website..
Sometimes they help many ICO too
I already did. Icocountdown guy asked money for listing, got them and then disappeared, smithandcrown have all the necessary info from me.

Icocountdown scam.
hero member
Activity: 952
Merit: 501
they already been slapped in the face by Qtum's big success!
legendary
Activity: 3066
Merit: 1049
Eloncoin.org - Mars, here we come!
WARNING:

The Scammer is still active!



What now?

what he also asked for 4.5 btc from you?
because we all now know what alex is doing since this thread was up. i would kindly look it if he just ask a number of token/coins of the project. but noo he wants in btc.
newbie
Activity: 56
Merit: 0
WARNING:

The Scammer is still active!



What now?
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