[WARNING] TITANT- Deceptive behaviour and suspicious claims

Stedsm

legendary

Activity: 3052

Merit: 1273

Quote from: Rikafip on May 28, 2020, 03:47:00 AM

Yep, they use Apple intentionally, as they know that their products are too expensive for majority of people, so they hope that some will fall for that. When you add on that 300%+ return promise and fake partneships, there is no question what is going on here- just a lazy cash grab attempt, and nothing else. And we have seen bunch of those in the last few years.

They've double-crossed their own words with shit like
1). 50% discount on products if purchased through their tokens
2). 300%+ returns possible if investors invest in their project.

They are giving shitty assumptions about recommending Bestchange as best exchange monitoring service - but was it written there as the same? Nope. They clearly showed them as their partners. There are partnership deeds that are needed to be signed before they can use any/all of their mentioned partners on their website. Changelly is not here, else they'd also make it clear for all of us whether this project have them as their partners for real or not.

While they're trying to make a big loot on their customers, the potential they're showing about making 300% returns is easily possible, not for the investors but themselves.

Rikafip

legendary

Activity: 1722

Merit: 5937

Quote from: Best_Change on May 27, 2020, 09:23:00 AM

Since our company is very famous in post-soviet countries, some websites write that they are our partners as authority endorsement for the users, despite not being our partners in reality. Possibly, in this case TITANT mentions us as their partner to add weight to their brand.

That is standard practice of many crypto projects, they fill their website partnership section with known industry names to appear more legit and desirable to potential investors
Usually it is hard to prove whether they are lying or not about alleged partnerships, but in this case TITANT had "bad luck" that you are present on this forum, therefore refuting their partnership claim and busting them right from the start.

Quote from: Coyster on May 27, 2020, 03:39:20 PM

Everything TITANT claims they are going to do in their ANN thread is too good to be true, it's not possible to give 50% discounts on every purchase made with TITANT coin, not even on a one time in a year basis like black Friday, but on everyday purchase, that's an obvious LIE.

Yep, they use Apple intentionally, as they know that their products are too expensive for majority of people, so they hope that some will fall for that. When you add on that 300%+ return promise and fake partneships, there is no question what is going on here- just a lazy cash grab attempt, and nothing else. And we have seen bunch of those in the last few years.

Coyster

legendary

Activity: 2184

Merit: 1302

Quote from: Rikafip on May 27, 2020, 05:11:03 AM

All in all, if they are willing to lie about partnership in order to attract investors, it won't stop them from lying about others claims as well, like 50% discount on luxury merchandise or 300% return for their investors.

Since they'll go on and lie about that(being partners with best change)they would not just stop at lying, they may also scam investors who will invest in this TITANT coin, so I think the flag, red tag and warning thread is correct, unless they can prove that they have any relationship with best change, which i'm sure they can't prove as best change has refuted claims of any cooperation.

Everything TITANT claims they are going to do in their ANN thread is too good to be true, it's not possible to give 50% discounts on every purchase made with TITANT coin, not even on a one time in a year basis like black Friday, but on everyday purchase, that's an obvious LIE.

Best_Change

legendary

Activity: 1307

Merit: 2181

Buy/Sell crypto at BestChange

Since our company is very famous in post-soviet countries, some websites write that they are our partners as authority endorsement for the users, despite not being our partners in reality. Possibly, in this case TITANT mentions us as their partner to add weight to their brand.

Our partners – the listed exchangers and those waiting to be listed add BestChange button to their website, but in this very case the logo is misused, since we are not TITANT’s partners and have never discussed any possible cooperation.

Rikafip

legendary

Activity: 1722

Merit: 5937

What happened: TITANT claims to have partnership with Best Change, while it was refuted by Best Change official account here on this forum

Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=1922

ANN: https://bitcointalksearch.org/topic/m.54509925
Archive: https://archive.fo/FXJaf

Website: https://titant.io/
Archive: https://web.archive.org/web/20200527100407/https://titant.io/

This is their claim to have partnership with Best Change, among others, which is a lie.

And response by Best Change account:

Quote from: Best_Change on May 27, 2020, 04:55:03 AM

To all forum members,

We are in no way shape or form associated with this project, the information about partnership with BestChange on their website is deceptive. We suggest everyone to be alert and vigilant.

Few other suspicious claims from their ANN:
Promise of 300% return. No legit project will promise you something like that.

Quote from: CryRen on May 24, 2020, 03:39:16 PM

Having bought the TITANT cryptocurrency at an early stage of its development, namely before it appeared on cryptocurrency exchanges, with a significant discount of about 67% (at $0.020 per unit) from the market value (at $0.060 per unit), people have an excellent opportunity to get a super profit (at least 300% of the return) in a short period of time. After appearing on cryptocurrency exchanges, the price of TITANT will continue to grow and then people can earn even more. The investor decides when it is best to sell their TITANT, immediately after appearing on cryptocurrency exchanges, or wait for its further growth.

Promising big discounts (50%) when buying products with their tokens and specifically mentioning an expensive brands like Apple.

Quote from: CryRen on May 24, 2020, 03:39:16 PM

After the release of TITANT on cryptocurrency exchanges, the online store will periodically hold promotions to sell expensive gadgets, namely Apple products, including the latest versions of the iPhone, MacBook Air, MacBook Pro, iPad and Applewatches. Only people who have TITANT cryptocurrencies at their disposal will be able to participate in these sales and purchase interested products. For example, if a new iPhone costs $1,000, then a person can pay with the TITANT cryptocurrency and buy it for $500. At the same time, a person pays for the product only the amount of TITANT, which is equivalent to $500 in accordance with the TITANT's market price at the time of purchase. As the project develops, products from other companies, such as Samsung, Huawei, ASUS, and so on, will appear in the online store.

All in all, if they are willing to lie about partnership in order to attract investors, it won't stop them from lying about others claims as well, like 50% discount on luxury merchandise or 300% return for their investors.

Topic: [WARNING] TITANT- Deceptive behaviour and suspicious claims (Read 257 times)