Topic: what's behind the fraud project? - page 2. (Read 277 times)
There is no perfect definition for the term fraud project, because some projects are developed intentionally to scam the common people and run away. Same time there are projects that came with something unique, meanwhile due to the lack of funding and other issue gets lagging in development and some gets stopped. This way there are projects that go as a fraud one. These days people find it with ease the scam projects and going through the scam accusations section we can understand the projects which are scam and stay away.
It's not. but i will not put the manager as a party that must be blamed consider about the scammer will always use the fake identity and try to keep everything being private and that makes the manager feels so difficult to validate is that a trusted project or a scam project. As far as i know, a scammer can make a lot of scam projects.
Sometimes the manager is not even getting paid and to create an accusation to the manager to work together with the scammer is not a good idea.
Sometimes the manager is not even getting paid and to create an accusation to the manager to work together with the scammer is not a good idea.
since 2018-2019 almost thousands of projects have ended in fraud and many tokens have died or no further development.
but I think there must be other reasons why the project ended in fraud, other than project funds were not collected according to the specified targets or project funds were taken by the team.
I assume that the developer and prize manager work together and intentionally promote fraud projects for investors. sorry no offense!
Do you mean the bounty manager? If so, then this is not always the case. A couple of times I came across the fact that the bounty manager stopped the bounty campaign ahead of schedule and announced fraud. Often the manager does not know about the intentions of the team.but I think there must be other reasons why the project ended in fraud, other than project funds were not collected according to the specified targets or project funds were taken by the team.
I assume that the developer and prize manager work together and intentionally promote fraud projects for investors. sorry no offense!
The haircut of gullible investors has already turned into a conveyor of crypto-startups for this. And also, sometimes it seems that the project is created with a real idea, but then all or part of the team change their goals and act not in the best way for investors.
since 2018-2019 almost thousands of projects have ended in fraud and many tokens have died or no further development.
I dont agree on you that team is fraudulent, there are many very good projects which are working hard, developing their products and have products. The real problem with those legit projects is that in reality , the token is not needed, they dont need the token to make the product work. The token was needed to get the funds needed for their platform, the regular token model does not work. Project has to pay dividends , that would work BUT here is a huge drawback, dividends mean SEC and other law enforcement.
It's not a big deal to realize fraudulent crypto fundraising projects are a organized crime. There are a number of people and groups that repeatedly come up with new projects just to take away the money of gullible investors. They are so used to it that the only thing that stops them creating new one is creating the logo. They even copy most of the infographics and text.
Yes, right. I also often pay attention to such projects and most of them copy back the old project roadmap and change it back to make it look real. and most new users are people who are easily fooled by projects like that.
to gains as much of use with token release on returns of funds on possession as those might turns with on on excessive as investors to lose of confidence as appealing business on crypto finance with the ico scheme.
It's not a big deal to realize fraudulent crypto fundraising projects are a organized crime. There are a number of people and groups that repeatedly come up with new projects just to take away the money of gullible investors. They are so used to it that the only thing that stops them creating new one is creating the logo. They even copy most of the infographics and text.
Fraudulent project managers have just 1 aim and the aim is to scam people of their money and go to Island and enjoy it, and when it's exhausted they create another scam project. That is only what they are good at.
There are really good projects but they can't call capital because the market no longer believes in ICO, they have to let the project die.
Fraudulent project managers have just 1 aim and the aim is to scam people of their money and go to Island and enjoy it, and when it's exhausted they create another scam project. That is only what they are good at.
Fraud projects are schemes to get money and run away with it. People have realized that cryptocurrencies are gaining so much popularity so a lot of people want to invest in it.
since 2018-2019 almost thousands of projects have ended in fraud and many tokens have died or no further development.
but I think there must be other reasons why the project ended in fraud, other than project funds were not collected according to the specified targets or project funds were taken by the team.
I assume that the developer and prize manager work together and intentionally promote fraud projects for investors. sorry no offense!
but I think there must be other reasons why the project ended in fraud, other than project funds were not collected according to the specified targets or project funds were taken by the team.
I assume that the developer and prize manager work together and intentionally promote fraud projects for investors. sorry no offense!
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