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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: MelG on October 09, 2017, 07:55:07 AM



Title: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MelG on October 09, 2017, 07:55:07 AM
Hello,

Lots of people have been angry since yesterday regarding Red Pulse (RPX) ICO (Read more here at https://www.reddit.com/r/RedPulseToken/ (https://www.reddit.com/r/RedPulseToken/)). Especially regarding how the second round of the ICO was concluded. Red Pulse token is Chinese ran operation that uses NEO smart contracts. Lots of people, including myself had been waiting for this ICO for months and preparing for this carefully with following all the steps Red Pulse team had provided.

To participate to this ICO was a lot more complex procedure compared to most ICO's. First you had to pass KYC guidelines and get accepted. Then you had to download specific NEO wallet for the purpose and sync it. Then execute hash script that was provided on the same minute ICO started. On top of that the ICO had two rounds: First round that was announced to start 1:00PM GMT, that users could buy 27 NEO's (1000 USD) worth RPX and second round announced to start 2:00PM GMT with raised investment cap of 1532 NEO's (50 000 USD).

RPX team gave precise instructions to send only up to 27 NEO's on first hour and then up to 1532 NEO's on next hour. They emphasized several times that the ICO will be conluded first come first serve basis. This is where things went bad. RPX team did not provide any timer or block number when the 2nd round would start. The only instruction was the time: 2PM GMT. For this reason most of the people (around 3200 of them), including myself, sent the payment according to RPX team's advise, exactly after 2:00PM GMT. Which was NEO block 1445025 https://neotracker.io/block/height/1445025 (https://neotracker.io/block/height/1445025).

NONE OF THESE 3200 INVESTORS GOT IN! Instead RPX team honored the next block 1445026. So people who paid "late" got the coins that belonged for those who paid exactly according the RPX team's instructions.

Now, I totally understand that for team with no expertise in this area things can go south. But what made everyone even more mad was the official statement received today. While most of us had high hopes for them to fix THEIR mistake and somehow compensate the people who were doing everything according to their instructions but were left out, instead they sent just statement that basically says "Sorry, shit happens!".

While I am happy to know that its solely RPX team's screw up and not NEO related issue, this was a fatal mistake for the Red Pulse. Obviously they have no idea to handle business with this magnitude or company PR in that matter. "Sorry" is not going to cover how unfairly treated these 3200 people feel. What is even worse is that Red Pulse now holds around $30,000,000 USD of investors money that doesn't belong to them. NEO value has already depreciated from 37 USD to 31 USD since the sale and RPX team is saying that it might take weeks to refund everyone. Right now they are earning about 240 GAS (5500 USD) per day just for the extra money they are holding from us. So I am sure, they are not in hurry to refund us.

If you feel like this is not right, please sign a petition at:

https://www.change.org/p/jonathan-red-pulse-honor-the-block-1445025?utm_medium=email&utm_source=petition_signer_receipt&utm_campaign=triggered&share_context=signature_receipt&recruiter=807306595 (https://www.change.org/p/jonathan-red-pulse-honor-the-block-1445025?utm_medium=email&utm_source=petition_signer_receipt&utm_campaign=triggered&share_context=signature_receipt&recruiter=807306595)


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: JShort on October 09, 2017, 08:13:36 AM
I understand your worries but to call it the worst ICO ever is a bit over the top, no? I'm sure your money will be refunded and RPX will deal with this (I sure hope they do lol)


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Alcarin on October 09, 2017, 08:27:09 AM
Quote
While I am happy to know that its solely RPX team's screw up and not NEO related issue, this was a fatal mistake for the Red Pulse.

How is it not NEO fault aswell?

THEY HAD ADVISOR in form of NEO CEO!!!!!

Did you miss that? Hongfei himself was advising with this 1st NEO ICO...

No excuses for NEO please!


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: silver12si on October 09, 2017, 08:31:24 AM
Problem is big interest...some other huge ICOs have the same problem (Comsa)...this isnt big problem for me...now look forward, think that all who prepare to this ico have 27 NEO investment...This only first step, important is future of RPX!


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Alcarin on October 09, 2017, 08:34:18 AM
Problem is big interest...some other huge ICOs have the same problem (Comsa)...this isnt big problem for me...now look forward, think that all who prepare to this ico have 27 NEO investment...

Problem is misleading information, about phase 2 start, stressing its timestamp related and ended up block related.
Problem is email not arriving 1 hour PRIOR!
Problem is contract not released else community could find this problem for them
Problem is announcing inside info at slack!

Its the end for RPX... huge dump.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: silver12si on October 09, 2017, 08:40:30 AM
Problem is big interest...some other huge ICOs have the same problem (Comsa)...this isnt big problem for me...now look forward, think that all who prepare to this ico have 27 NEO investment...

Problem is misleading information, about phase 2 start, stressing its timestamp related and ended up block related.
Problem is email not arriving 1 hour PRIOR!
Problem is contract not released else community could find this problem for them
Problem is announcing inside info at slack!

Its the end for RPX... huge dump.

Yes I understand, I have a huge pulse to...second investmend canceled before was confirmed, so havant problem with refund. That will dump, is just your opinion...market/people will decided. This problem with ICO is mybe huge advertisment for people...i see potencial, huge interest...


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: pawanjain on October 09, 2017, 08:42:06 AM
That's really a bad situation you went through. That's the down side of investing in ICOs, we never know what comes next.
Although it is their faulty, they are the ones who are benefiting through this situation. You could have used that extra money elsewhere and could have got a better return than to just wait for the refund for those weeks. It feels pity when big ICOs like this face through such issues and that too at the beginning stage. We surely won't know what more we would have to face.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: vlad06 on October 09, 2017, 08:48:44 AM
Y'all need to chill out.

I too am pissed as I sent 73 NEO at exactly 14:01:33 and it was clearly too late. Sombat did not clarify in the Slack if there was a delay with the second hour, he said at 13:57 that the second hour starts in 5 mins which would make it 14:02. This really had me confused, and they had no official timer on the website for the second hour.

Saying that, I'm happy with my 31,500 RPX tokens received for my first hour contribution.

The shit will go 10x easily by the end of the year.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: dennusd on October 09, 2017, 08:55:16 AM
Missed out as well... I was in the '25' block... But beside this 2nd-round-fiasco the ICO went pretty smooth


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: vlad06 on October 09, 2017, 09:07:48 AM
How do I check which block I was in?


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Alcarin on October 09, 2017, 09:11:44 AM
Just remember...

Advisor for this ICO was CEO of NEO himself!!!

So you guys that are apologizing Jonathan want to say even CEO and creator of NEO could not figure this out beforehanded and let us know?

NEO is becoming worse and worse :) And not long enough his reign was :)


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Knepala on October 09, 2017, 09:22:42 AM
How do I check which block I was in?

Enter your tx or address in the explorer on neotracker.io. You can find this and other information there.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: HardFireMiner on October 09, 2017, 09:26:32 AM
3200 people lost money, well when shit will hit the fan, I hope you are not around as RPX will fall.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Keentje on October 09, 2017, 09:27:49 AM
STOP FUDDING! You didn't get in, to bad for you. Other people got in, why are you trying to ruin other peoples life? It was not their intention, cut them some slack.
You realize what you are doing is giving a bad name to NEO an Red Pulse only because you missed out. And nothing happens to your funds, you just get it back. So in the end what happened? Still alive and you can invest in one of those 'amazing' ICO's on the Ether network.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Alcarin on October 09, 2017, 09:34:47 AM
STOP FUDDING! You didn't get in, to bad for you. Other people got in, why are you trying to ruin other peoples life? It was not their intention, cut them some slack.
You realize what you are doing is giving a bad name to NEO an Red Pulse only because you missed out. And nothing happens to your funds, you just get it back. So in the end what happened? Still alive and you can invest in one of those 'amazing' ICO's on the Ether network.

No. No FUD here... it evidently shows great flaws and misleading from mostly RPX team and even CEO of NEO... Hongfei.

He was advisor of this whole fraud!!! And to tell the whole community that punctuality is important and then changing it AFTERWARDS, because their own team either did not know how to make contract work or did it on purpose is just bringing bad name to themselves.

NEO is done for. ICOs will now go more for ETH because atleast ethereum gives refunds straight away... manual refundign in 2017... lolz. But Ok i can accept that because they said upfront, but they LIED to us about phase 2 start... unaccaptable.

And CEO of NEO was their advisor, so this tells me he is ok with lying or even he does not know how ICO on his OWN platform runs!

Big problem. This news is spreading around the globe and dumping of NEO is just starting! Wait for Hong Kong lawsuit now.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: JShort on October 09, 2017, 10:15:21 AM
STOP FUDDING! You didn't get in, to bad for you. Other people got in, why are you trying to ruin other peoples life? It was not their intention, cut them some slack.
You realize what you are doing is giving a bad name to NEO an Red Pulse only because you missed out. And nothing happens to your funds, you just get it back. So in the end what happened? Still alive and you can invest in one of those 'amazing' ICO's on the Ether network.

No. No FUD here... it evidently shows great flaws and misleading from mostly RPX team and even CEO of NEO... Hongfei.

He was advisor of this whole fraud!!! And to tell the whole community that punctuality is important and then changing it AFTERWARDS, because their own team either did not know how to make contract work or did it on purpose is just bringing bad name to themselves.

NEO is done for. ICOs will now go more for ETH because atleast ethereum gives refunds straight away... manual refundign in 2017... lolz. But Ok i can accept that because they said upfront, but they LIED to us about phase 2 start... unaccaptable.

And CEO of NEO was their advisor, so this tells me he is ok with lying or even he does not know how ICO on his OWN platform runs!

Big problem. This news is spreading around the globe and dumping of NEO is just starting! Wait for Hong Kong lawsuit now.

Why would NEO be done for? I think you're overreacting.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Gorgeous011235 on October 09, 2017, 10:28:13 AM
That' sad my friend..
i mean we are talking about lots of money coming from so many people..
they should have managed their ICO way better..
i am not sure if they will manage to fix this problem with the best result for the investors..
This could sabotage somehow the development of their whitepaper..
I am glad i didn't make it to apply to the whitelist and missed it.
At least i don't have to worry about my money now  ::)


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: dragonares on October 09, 2017, 10:29:38 AM
NEO ICO is not good, I like Ethereum ICO, which is fast and easy.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Alcarin on October 09, 2017, 10:42:58 AM
STOP FUDDING! You didn't get in, to bad for you. Other people got in, why are you trying to ruin other peoples life? It was not their intention, cut them some slack.
You realize what you are doing is giving a bad name to NEO an Red Pulse only because you missed out. And nothing happens to your funds, you just get it back. So in the end what happened? Still alive and you can invest in one of those 'amazing' ICO's on the Ether network.

No. No FUD here... it evidently shows great flaws and misleading from mostly RPX team and even CEO of NEO... Hongfei.

He was advisor of this whole fraud!!! And to tell the whole community that punctuality is important and then changing it AFTERWARDS, because their own team either did not know how to make contract work or did it on purpose is just bringing bad name to themselves.

NEO is done for. ICOs will now go more for ETH because atleast ethereum gives refunds straight away... manual refundign in 2017... lolz. But Ok i can accept that because they said upfront, but they LIED to us about phase 2 start... unaccaptable.

And CEO of NEO was their advisor, so this tells me he is ok with lying or even he does not know how ICO on his OWN platform runs!

Big problem. This news is spreading around the globe and dumping of NEO is just starting! Wait for Hong Kong lawsuit now.

Why would NEO be done for? I think you're overreacting.

Because its evident, that NEO creator who was advisor for RPX ICO, does not know (or deliberatly did not tell us) how his own creation work...

Who would trust a coin when even the creators and ICO issuers have no idea how it works...

Its either huge incompetence or plain fraud attempt... you choose which one.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MelG on October 09, 2017, 10:49:17 AM

How is it not NEO fault aswell?

THEY HAD ADVISOR in form of NEO CEO!!!!!

Did you miss that? Hongfei himself was advising with this 1st NEO ICO...

No excuses for NEO please!

The way I see this, there was no problem with NEO network or other technical side of NEO. The block with over 3200 transactions was a bit slower to confirm than regular block (with about 50 transactions). But that is understandable. The real problem was human error and poor planning on behalf of the Red Pulse team. They could have coded a script on the website that monitors blocks and shows timer based on that. Once the first block for the 2nd phase of the ICO is ready to be funded, the website should have showed "the green light" for investors to send their coins. This should have been of course explained in the email a week before so everyone understands the procedure.

Now people who trusted them and followed their instructions were left out of coins, whereas those who send their payments late got the coins that belonged to other people. This was not "first come first serve" but exactly the opposite. That's why people are upset!


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: 3DBrushes on October 09, 2017, 10:52:19 AM
Yes RPX ICO was a mess.
First they started to recommend to use NEO - GUI wallet which took forever to sync but finally it synced. But later the team saw its status and came up with a new NEON wallet for windows. ETH based ICO was far better, too much of technical things needed for these NEO based ICO.
This was the first ICO on NEO so slight excuse can be given.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Alcarin on October 09, 2017, 11:07:30 AM

How is it not NEO fault aswell?

THEY HAD ADVISOR in form of NEO CEO!!!!!

Did you miss that? Hongfei himself was advising with this 1st NEO ICO...

No excuses for NEO please!

The way I see this, there was no problem with NEO network or other technical side of NEO. The block with over 3200 transactions was a bit slower to confirm than regular block (with about 50 transactions). But that is understandable. The real problem was human error and poor planning on behalf of the Red Pulse team. They could have coded a script on the website that monitors blocks and shows timer based on that. Once the first block for the 2nd phase of the ICO is ready to be funded, the website should have showed "the green light" for investors to send their coins. This should have been of course explained in the email a week before so everyone understands the procedure.

Now people who trusted them and followed their instructions were left out of coins, whereas those who send their payments late got the coins that belonged to other people. This was not "first come first serve" but exactly the opposite. That's why people are upset!

And you tell me having NEO CEO as advisor, they could not stress test this event?

This is BASIC event, every junior programmer and dev does, and a company like they could not?

I smell incompatance or fraud... and Hongfei is right up there with them... if the leader of the blockchain has no idea what can happen to his own creation I would be very afraid of future ICOs on NEO...



And all those little small things and events, up from late emails (not like they had extra month and more to do it correctly!) and not releasing contract for people to read, not making contract public so actually competent people would look though it and maybe find the problem, and then they STRESSED multiple times how timestamp is important, even provided WORLD CLOCK... literally they provided the means where we fucked outselves, and not blaiming it on the technicals that obviously they did not know... how incompetent.

Either that, or a huge fraud for phase 2.

Whats your pick!


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: axiline on October 09, 2017, 11:20:50 AM
Unfortunately, I did not have time to participate either. My wallet has been renewing the blocks for a very long time. When he updated the reception of funds has already been closed. And I thought, maybe it's for the best?


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: on October 09, 2017, 11:22:51 AM
Same here, didn't get in, but not too salty about it.
Horrible ico though if you ask me.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: hdclover on October 09, 2017, 11:38:58 AM
I have some doubts about RPX ICO.
Why they still haven't refunded the user's NEO back? I mean the excess NEO sent by the users. NEO price already went down since ICO it may further go down in the upcoming days. Isn't it unfair for the users?
Also what about the GAS generated? With that much amount of NEO they are raising some enormous amount of GAS. Basically they are making free money from the excess funds.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Dvd1989 on October 09, 2017, 11:49:57 AM
Isn't it a bit harsh to claim that they destroyed themselves  ???

Also, this doen't mean their platform will also fail. I'll just buy @ the exchanges.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Capitanike on October 09, 2017, 12:01:05 PM
RPX looks like project which can make x2+ from start. But we will see it's my opinion.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MhizC on October 09, 2017, 12:07:39 PM
Blame it on RPX but drag NEO to it. NEO has been and still is an amazing platform/program... Really shit happens. Y'all take it easy and have a lil patience till your funds are returned to y'all..


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: RightlyGuided on October 09, 2017, 12:29:33 PM
Hello,

Lots of people have been angry since yesterday regarding Red Pulse (RPX) ICO (Read more here at https://www.reddit.com/r/RedPulseToken/ (https://www.reddit.com/r/RedPulseToken/)). Especially regarding how the second round of the ICO was concluded. Red Pulse token is Chinese ran operation that uses NEO smart contracts. Lots of people, including myself had been waiting for this ICO for months and preparing for this carefully with following all the steps Red Pulse team had provided.

To participate to this ICO was a lot more complex procedure compared to most ICO's. First you had to pass KYC guidelines and get accepted. Then you had to download specific NEO wallet for the purpose and sync it. Then execute hash script that was provided on the same minute ICO started. On top of that the ICO had two rounds: First round that was announced to start 1:00PM GMT, that users could buy 27 NEO's (1000 USD) worth RPX and second round announced to start 2:00PM GMT with raised investment cap of 1532 NEO's (50 000 USD).

RPX team gave precise instructions to send only up to 27 NEO's on first hour and then up to 1532 NEO's on next hour. They emphasized several times that the ICO will be conluded first come first serve basis. This is where things went bad. RPX team did not provide any timer or block number when the 2nd round would start. The only instruction was the time: 2PM GMT. For this reason most of the people (around 3200 of them), including myself, sent the payment according to RPX team's advise, exactly after 2:00PM GMT. Which was NEO block 1445025 https://neotracker.io/block/height/1445025 (https://neotracker.io/block/height/1445025).

NONE OF THESE 3200 INVESTORS GOT IN! Instead RPX team honored the next block 1445026. So people who paid "late" got the coins that belonged for those who paid exactly according the RPX team's instructions.

Now, I totally understand that for team with no expertise in this area things can go south. But what made everyone even more mad was the official statement received today. While most of us had high hopes for them to fix THEIR mistake and somehow compensate the people who were doing everything according to their instructions but were left out, instead they sent just statement that basically says "Sorry, shit happens!".

While I am happy to know that its solely RPX team's screw up and not NEO related issue, this was a fatal mistake for the Red Pulse. Obviously they have no idea to handle business with this magnitude or company PR in that matter. "Sorry" is not going to cover how unfairly treated these 3200 people feel. What is even worse is that Red Pulse now holds around $30,000,000 USD of investors money that doesn't belong to them. NEO value has already depreciated from 37 USD to 31 USD since the sale and RPX team is saying that it might take weeks to refund everyone. Right now they are earning about 240 GAS (5500 USD) per day just for the extra money they are holding from us. So I am sure, they are not in hurry to refund us.

If you feel like this is not right, please sign a petition at:

https://www.change.org/p/jonathan-red-pulse-honor-the-block-1445025?utm_medium=email&utm_source=petition_signer_receipt&utm_campaign=triggered&share_context=signature_receipt&recruiter=807306595 (https://www.change.org/p/jonathan-red-pulse-honor-the-block-1445025?utm_medium=email&utm_source=petition_signer_receipt&utm_campaign=triggered&share_context=signature_receipt&recruiter=807306595)

One question did u do the first round? I f you did well don't be saying worst ico, a lot of ppl didn't even get in the ico, you should be happy you got in. Red Pulse made mistakes, everyone does, so just move on and be happy with the rpx you got


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: GaPR on October 09, 2017, 12:31:31 PM
NEO is one of the best projects for investments, but problems happen to many.  Remember the theft of ETH last year, which spawned the ETC plug, but the ethereum project continued its path to success.  Blockchain experimental technology.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MelG on October 09, 2017, 02:58:47 PM

How is it not NEO fault aswell?

THEY HAD ADVISOR in form of NEO CEO!!!!!

Did you miss that? Hongfei himself was advising with this 1st NEO ICO...

No excuses for NEO please!

The way I see this, there was no problem with NEO network or other technical side of NEO. The block with over 3200 transactions was a bit slower to confirm than regular block (with about 50 transactions). But that is understandable. The real problem was human error and poor planning on behalf of the Red Pulse team. They could have coded a script on the website that monitors blocks and shows timer based on that. Once the first block for the 2nd phase of the ICO is ready to be funded, the website should have showed "the green light" for investors to send their coins. This should have been of course explained in the email a week before so everyone understands the procedure.

Now people who trusted them and followed their instructions were left out of coins, whereas those who send their payments late got the coins that belonged to other people. This was not "first come first serve" but exactly the opposite. That's why people are upset!

And you tell me having NEO CEO as advisor, they could not stress test this event?

This is BASIC event, every junior programmer and dev does, and a company like they could not?

I smell incompatance or fraud... and Hongfei is right up there with them... if the leader of the blockchain has no idea what can happen to his own creation I would be very afraid of future ICOs on NEO...



And all those little small things and events, up from late emails (not like they had extra month and more to do it correctly!) and not releasing contract for people to read, not making contract public so actually competent people would look though it and maybe find the problem, and then they STRESSED multiple times how timestamp is important, even provided WORLD CLOCK... literally they provided the means where we fucked outselves, and not blaiming it on the technicals that obviously they did not know... how incompetent.

Either that, or a huge fraud for phase 2.

Whats your pick!

If you are advisor for someone and they fail, it is not your fault! Advisor is there to help but they cannot be put as responsible for the failure. I agree what you said about RPX team, they were just basically asking this to happen and I have no sympathy for them. Either they are totally incompetent or just crooks. There is no way to sugarcoat this!


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: vlad06 on October 09, 2017, 03:03:01 PM
Alcarin you need to slow your roll and shut up. Stop being a baby.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: word1211 on October 09, 2017, 03:34:33 PM
does anyone think rpx will go up to $1??


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: vlad06 on October 09, 2017, 03:43:34 PM
does anyone think rpx will go up to $1??

Yes I do.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Crystaleyes on October 09, 2017, 03:47:05 PM
  A call out to any crypto watchdogs or governing bodies to bring RPX, NEO and Bittrex to book for committing fraud





The RPX token sale was the worst ICO it has been my displeasure to experience and was an enormous insider trader/pocket-lining scam!

 Even the vermin at Bittrex (the largest exchange where to get NEO) had the NEO wallets 'Down for routine maintenance' from before and until just after the ICO had finished, which meant that no-one could get their NEO tokens out of Bittrex without first exchanging them into another coin.

  Because we had to do this, by the time I had changed NEO back to BTC in Bittrex, then sent that BTC to Changelly, converted back to NEO, and sent those to the shitty Neo-Gui wallet, the token sale had finished by 3 minutes!!!

 FUCK Bittrex! I hope you crooks go to prison!

They do NEO maintenance in the hours leading up to the first ever NEO ICO?????????

And finish the maintenance the moment the RPX ICO is finished????  

Yeah, RIGHT!!!!!!!!


FUCKING CUNTS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And couple that with constantly moving the goalposts by the Red Pulse team scammers....






I hope you all drop fucking dead!!!!!!!!!!!!!!!!!!!!!!!!!


As soon as the RPX are on an exchange I am dumping mine.


I do not support liars, scammers and thieves.



These people made a LOT of enemies yesterday


.......


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: hua_hui on October 09, 2017, 03:48:32 PM
I can see that a lot of people are claiming that red pulse is going to fail because of the ico. However, personally i totally disagree with that. First, i would see the project is a super success, as they manage to raise 3x the amount of fund while some of the ico cant even reach their hard cap after a week. Although people say that the website is not updated with the % completion, the signing of agreement is unavailable etc, i have a smooth journey. I sent my neo and i got my token in 20 sec. I tried at the 30min mark of the hour and the signing agreement is perfectly fine. Not the best ICO due to some hiccup but definitely way better than i assumed for the 1st ICO on the platform.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: DustyRah on October 09, 2017, 03:51:17 PM
Be very careful, the domain name itself is extremely new and this whole thing would be very risky at best. They have no real contact information and the entire thing is out of China where ICOs are outlawed anyway.

https://www.alexa.com/siteinfo/red-pulse.com (https://www.alexa.com/siteinfo/red-pulse.com)
https://www.dynu.com/en-US/NetworkTools/Whois?Host=red-pulse.com (https://www.dynu.com/en-US/NetworkTools/Whois?Host=red-pulse.com)


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Thegiftedone on October 09, 2017, 03:59:45 PM
Its a shame. Maybe you can share some projects which wont end like that?


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: silver12si on October 09, 2017, 04:11:29 PM
Crying, crying... ::)


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: cammeyz on October 09, 2017, 04:22:02 PM
So much Salty tears ....I missed out on the ICO too, was pretty pissed about it yesterday at the time, but today...meh.

No point fudding RPX, I want it to succeed. If RPX does well as im sure it will, Neo gets a bump also.

I'll buy some RPX when it hits binance.....


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: hua_hui on October 09, 2017, 04:34:56 PM
Be very careful, the domain name itself is extremely new and this whole thing would be very risky at best. They have no real contact information and the entire thing is out of China where ICOs are outlawed anyway.

https://www.alexa.com/siteinfo/red-pulse.com (https://www.alexa.com/siteinfo/red-pulse.com)
https://www.dynu.com/en-US/NetworkTools/Whois?Host=red-pulse.com (https://www.dynu.com/en-US/NetworkTools/Whois?Host=red-pulse.com)


It may not have a great team however, it has Da Hong Fei as the advisor. In addition, being the first ICO to be held on neo, i strongly believe that it has went through a lot of check by the neo community specially with the china fud. Red pulse even go to the extend of delaying their ico to ensure that they are legit to hold the ico before carrying it out.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: limefatcat on October 09, 2017, 04:58:22 PM
as a US resident I didn't want to go through all the trouble for RPX ICO using VPN, etc for this exact reason.
everybody from Binance ICO days remembers NEO taking a dump shortly after the ICO, after those who couldn't get in dump their NEO.
Now coupled with the BTCG and Segwit 2X situation, those who bought NEO in the mid to high $30s with sole intention of RPX ICO will be left watching
their NEO drop in value while waiting for a refund.
RPX needs to move quickly with their refund


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Crystaleyes on October 09, 2017, 05:20:11 PM
So much Salty tears ....


If you wish to be cocky, you should learn to use the English language in the correct manner.

..... So 'MANY' salty tears.....


 And fyi, I didn't miss out on the ICO but know dishonest trading practice when I see it, and that is unacceptable. No excuses!


 
 It had seemed that Red Pulse were a future winner, however they have revealed themselves to be extremely incompetent and untrustworthy.

  Quite simply, they shall slowly slide into semi-obscurity and be replaced by an enterprise with greater integrity and capability... Not so dissimilar to the way Google replaced Yahoo as the #1 search engine 20 or so years ago. ... Until www.startpage.com came along :)

 


Goodbye Red Pulse... You had a golden chance to be the king... and you blew it, just so that you, your families and friends could secure all of your own tokens.

 

Seriously short sighted and it means that you will only ever be a 2nd class outfit.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: kandholabhavna on October 09, 2017, 05:32:12 PM
Ohh boy, looks like you had a bad run with these guys. I heard the same thing happened with one other guy aswell.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MiBambino on October 09, 2017, 05:33:09 PM
as a US resident I didn't want to go through all the trouble for RPX ICO using VPN, etc for this exact reason.
everybody from Binance ICO days remembers NEO taking a dump shortly after the ICO, after those who couldn't get in dump their NEO.
Now coupled with the BTCG and Segwit 2X situation, those who bought NEO in the mid to high $30s with sole intention of RPX ICO will be left watching
their NEO drop in value while waiting for a refund.
RPX needs to move quickly with their refund

Neo will still go on to be a great coin with massive value, easily 300$ in a few years, no doubt. They have so much more going for them than ICO's. Too bad for RPX, but a bad ICO usually means a heavy drop after the exchange listing.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MelG on October 09, 2017, 07:59:31 PM
Any takers? :D

https://image.ibb.co/im5Udw/tshirts.png


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: shursight on October 09, 2017, 08:03:16 PM
Well i really think that this is your problem because you havent followed the rules at how they were writen.. If you did it well and you would be impacient for buying the tokens, then maybe you would not loss that amount of money.
That is why i dont like ico's, most of their instructions are not clear, and people can not be speculating about how to buy and give money to them.. Well, i hope that you get your refund back, because this is a very sad situation, omg..


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: rejosh on October 09, 2017, 08:20:26 PM
I got in the second round unfortunately I only have 7 neo left at that time   ;D ;D ;D ;D.         


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Poink on October 09, 2017, 09:24:33 PM
Well i really think that this is your problem because you havent followed the rules at how they were writen.. If you did it well and you would be impacient for buying the tokens, then maybe you would not loss that amount of money.
That is why i dont like ico's, most of their instructions are not clear, and people can not be speculating about how to buy and give money to them.. Well, i hope that you get your refund back, because this is a very sad situation, omg..


It is clear you don't know what happened...

The problem is, the investors who followed the rule/instructions to the second...got screwed.  Those who slacked and waited a few minutes later got rewarded.  In the ICOs, seconds matter a lot ...minutes later is unthinkable especially given the consequences those who followed the instructions well got.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Looseplss on October 09, 2017, 09:33:09 PM

Neo will still go on to be a great coin with massive value, easily 300$ in a few years, no doubt. They have so much more going for them than ICO's. Too bad for RPX, but a bad ICO usually means a heavy drop after the exchange listing.
300 $ ?? Really?? This means a market cap of 20 billion. This will never happen.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Mett33 on October 09, 2017, 09:43:11 PM
Problem of those ICO is that come too much people, they can't give to all if they make a cap.

But don't worry same was with Monetha, look now the price is half of what was ICO price. You can buy even cheaper on exchange.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Smoothmazi on October 09, 2017, 09:46:03 PM
 :'( :'( Has any official date for refunds being announced? I currently feel used by those chickens >:(.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: iopinion on October 10, 2017, 01:37:50 AM
I was part of the ico and i invested the 27 neo i could in the first hour. I tried the second hour but got nothing. But just because they messed up and few people like you got mad, doesnt mean they destroyed themselves   ;D
All they cared about was raising money from us. Doesnt matter who they get the money from. Also they dont care how many people get mad in the process and not even any other investor cares after it trades in an exchange.
Red pulse to the moon and just chill.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: yasukata on October 10, 2017, 06:19:26 AM
I could not purchase a Red Pulse token. It is very disappointing. It took time since neon did not notice that it corresponded to token purchase.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MiBambino on October 10, 2017, 11:18:39 AM

Neo will still go on to be a great coin with massive value, easily 300$ in a few years, no doubt. They have so much more going for them than ICO's. Too bad for RPX, but a bad ICO usually means a heavy drop after the exchange listing.
300 $ ?? Really?? This means a market cap of 20 billion. This will never happen.

If you go back on the ethereum thread people were laughing about ETH being a 1 billion cap. This market has so much potential, NEO getting to 300$ isn't crazy


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: onyebuchi81 on October 10, 2017, 12:10:10 PM
MY KYC WAS SUCCESSFUL BUT I DIDN'T PARTICIPATE IN THE ICO BECAUSE OF SOME UNFORESEEN CIRCUMSTANCES.THAT SAID I DONT THINK U CAN CALL THE ICO a flop because a lot of people count get in.alot of icos on the eth platform are struggling to get half of their target in a month while rpx did it in less than 3 hours and u call it a flop.common man!sure it had its problems just like any other ico.it was the maiden ico in the neo platform so it was bound to experience  some glitches.and the price of neo is dumping because alot of people bought neo for the ico liquidated the excess after the ico and not because u think rpx is a flop.hell all altcoins are dumping!!think rpx had one of the best icos i think it will be one of the most successful coins when released in exchanges


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: BlockchainGod on October 10, 2017, 12:40:31 PM
Oh, my God. It sounds too bad. I think this is a bad ico may undermine the credibility of neo as a platform for the ico.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MaxPowerCrypt on October 10, 2017, 12:44:37 PM
looked like a solid project until said shitfest. all the best to y'all  :)


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: invizib on October 10, 2017, 01:29:38 PM
They are going to refund GAS as well.

Email from RedPulse:
We are continuing with our refund process, thank you for your patience. Many have asked about the GAS that is being generated while we hold your NEO. We will be returning this to you as well, as calculated by how much was generated over the past few days since the RPX sale. The GAS refund will take place after the NEO refund has completely finished.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: vatived22 on October 10, 2017, 02:21:51 PM
People got to chill. to say it is the worst ICO or fraud then you are only biting yourself. If it tank or dump you will also loose money. Mistakes happen and this is NEO first ICO, so what do you expect?

Because you do not get into the second round then so what? there are people who do not even get into the whitelist. Crying babies and feeling of entitlement.

Listen, to me it was a success though they could have done better but considering it was their first time they did the best they could at that moment. They have said they will refund your NEO back with your GAS so why the FUD.

I also couldnt get in into LINK ICO, despite the fact that i was in the Whitelist, but why make a fuss about it. Sometimes you win sometimes you lose, is part of the ICO world. Your crying about this, will not make what happen to change.

Wether it was 10seconds early or 10 seconds late it doesn't matter. Some get in some do not including myself. But i got to accept that it is part of the game. I want RPX and NEO to succeed because i believe in the project and that is the reason why i invested in the first place. RPX is already an established company with track record not just some startup with only whitepaper and seeking 100M.

Those crying babes here about RPX is simply our of cheer GREED and not because they believe in RPX. they want a quick flip and their GREED get a better of them. Chill out or go get a beer, the blockchain world is still at an experimental stage. Even Ethereum have had its own shares of failure with the DAO hack.

RPX and NEO will do well. if you are patient and not let your emotion get on you, you will enjoy many X'S


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Cicada1033 on October 10, 2017, 02:31:26 PM
They are going to refund GAS as well.

Email from RedPulse:
We are continuing with our refund process, thank you for your patience. Many have asked about the GAS that is being generated while we hold your NEO. We will be returning this to you as well, as calculated by how much was generated over the past few days since the RPX sale. The GAS refund will take place after the NEO refund has completely finished.

At least that's a professional consequence. It's really sad what happend but I am faithful that they will learn from it and that it won't happen again on future icos.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: onyebuchi81 on October 10, 2017, 04:31:56 PM
People got to chill. to say it is the worst ICO or fraud then you are only biting yourself. If it tank or dump you will also loose money. Mistakes happen and this is NEO first ICO, so what do you expect?

Because you do not get into the second round then so what? there are people who do not even get into the whitelist. Crying babies and feeling of entitlement.

Listen, to me it was a success though they could have done better but considering it was their first time they did the best they could at that moment. They have said they will refund your NEO back with your GAS so why the FUD.

I also couldnt get in into LINK ICO, despite the fact that i was in the Whitelist, but why make a fuss about it. Sometimes you win sometimes you lose, is part of the ICO world. Your crying about this, will not make what happen to change.

Wether it was 10seconds early or 10 seconds late it doesn't matter. Some get in some do not including myself. But i got to accept that it is part of the game. I want RPX and NEO to succeed because i believe in the project and that is the reason why i invested in the first place. RPX is already an established company with track record not just some startup with only whitepaper and seeking 100M.

Those crying babes here about RPX is simply our of cheer GREED and not because they believe in RPX. they want a quick flip and their GREED get a better of them. Chill out or go get a beer, the blockchain world is still at an experimental stage. Even Ethereum have had its own shares of failure with the DAO hack.

RPX and NEO will do well. if you are patient and not let your emotion get on you, you will enjoy many X'S
u said all bro ;D ;D ;D ;D ;D ;D


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MelG on October 10, 2017, 07:28:37 PM
I dont think anyone here wants RPX to fail. But people who are asking "to chill" and "stop crying" need to understand that a lot of people, including myself, spent a great amount of time to prepare for this ICO to make sure everything goes well. We followed their instructions thoroughly and sent them our NEO coins in exact time they advised us to. Yet, all our transfers were not counted in for the second round, because of their mistake. We don't want to bash their project but we as investors have right to be upset and give them straight forward feedback because of their screw up.

Not to mention that lot of people lost significant amount of money if they bought NEO from the exchange just for this purpose. The price of NEO was $37 USD by the time of ICO and it has gone down to $30 USD per pop, which is about 20% depreciation. Many of us bought NEO for $50 000 USD for this ICO and have now lost $10 000 USD (20%) because of the RPX team.

People have right to be upset and demand them to take responsibility of their mistakes. The bottom line is that people are not upset because they did not get their coins - They are upset that the RPX team mislead them by providing inaccurate information, which resulted them to miss the ICO second round and suffer direct financial losses. This is very bad PR for company like this. They need to work really hard to repair the damage for their own sake. Luckily they are quickly refunding the payments (I got mine today) and they promised to send also the GAS.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: vatived22 on October 10, 2017, 07:58:48 PM
I dont think anyone here wants RPX to fail. But people who are asking "to chill" and "stop crying" need to understand that a lot of people, including myself, spent a great amount of time to prepare for this ICO to make sure everything goes well. We followed their instructions thoroughly and sent them our NEO coins in exact time they advised us to. Yet, all our transfers were not counted in for the second round, because of their mistake. We don't want to bash their project but we as investors have right to be upset and give them straight forward feedback because of their screw up.

Not to mention that lot of people lost significant amount of money if they bought NEO from the exchange just for this purpose. The price of NEO was $37 USD by the time of ICO and it has gone down to $30 USD per pop, which is about 20% depreciation. Many of us bought NEO for $50 000 USD for this ICO and have now lost $10 000 USD (20%) because of the RPX team.

People have right to be upset and demand them to take responsibility of their mistakes. The bottom line is that people are not upset because they did not get their coins - They are upset that the RPX team mislead them by providing inaccurate information, which resulted them to miss the ICO second round and suffer direct financial losses. This is very bad PR for company like this. They need to work really hard to repair the damage for their own sake. Luckily they are quickly refunding the payments (I got mine today) and they promised to send also the GAS.

I get your point and totally agree with you and am not in anyway saying that the ICO was as smooth as i would like it to be. I also understand the frustration that this may have caused alot of people including myself who wish to get more in the second round. But to say it is the WORST ICO EVER like really? Have you seen ICO such as BAT which does not even last a second!!! or GNOSIS with its useless DUTCH style. Atleast everyone who were whitlisted and wanted to get in, did have a fair chance in the first round. They have explained the situation about the discrepancy with the Smart contract not executing at the exact time. So people can complain as much as they want and yes KEEP CRYING!!! but i have chosed to accept that it is part of the system. if you are not happy you sell your RPX once it hit the exchange. And who the hell created the PETITION page, what do you think the RPX should do? Alot of people often think that these Token are Securities. Dude they are not, they are merely DONATION to the the company. 


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MelG on October 10, 2017, 08:55:59 PM

I get your point and totally agree with you and am not in anyway saying that the ICO was as smooth as i would like it to be. I also understand the frustration that this may have caused alot of people including myself who wish to get more in the second round. But to say it is the WORST ICO EVER like really? Have you seen ICO such as BAT which does not even last a second!!! or GNOSIS with its useless DUTCH style. Atleast everyone who were whitlisted and wanted to get in, did have a fair chance in the first round. They have explained the situation about the discrepancy with the Smart contract not executing at the exact time. So people can complain as much as they want and yes KEEP CRYING!!! but i have chosed to accept that it is part of the system. if you are not happy you sell your RPX once it hit the exchange. And who the hell created the PETITION page, what do you think the RPX should do? Alot of people often think that these Token are Securities. Dude they are not, they are merely DONATION to the the company.  

Those are all good points. What makes this the worse ICO in my opinion is that investors actually suffered direct financial damages worth about $6,800,000 USD total, due to poor execution of the ICO. Not a very good start for a company. The petition was made by some Indian guy, if I am not mistaken. I don't think it has more worth than actually sending a clear message to them that people are not happy. The tokens are gone, the ICO is over. Maybe what they could do, is that next time they raise money, they would prioritize those people from block 1445025 or something like that. A small gesture would already make a big difference in PR.

I remember similar case with Pepsi a few years back. In 2015 they launched campaign with limited edition of Pepsi Perfect bottles (inspired by the movie Back to the Future). They experienced several technical issues and they greatly under estimated the demand. Making lots of people very upset. What they did, they decided to make another batch for those who had missed it, just to help to save their PR. This is something RPX should definitely look into. When investors or customers get upset, it doesn't matter who is right or wrong, the company will suffer the damage every time. Regardless how they are trying to twist it.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: SimonJones on October 10, 2017, 09:04:38 PM
They have already refunded the NEO. It was a quick refund and now they are going to refund the GAS as well.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Johnnywelsh on October 10, 2017, 09:50:25 PM
This is why I no longer invest in ICOs, it's drama central. Easier to wait until price drops on an exchange and pick up a bargain.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: blokHed on October 10, 2017, 10:36:21 PM
This was NEO's first ICO. Some already wallet synced, I was there. like many, waiting for PC app to sync, left comp on, many lost out because of that. I was one had consigned to that fact, disappointed after research and KYC time.
I only got lucky thanks to last minute post on this website which literally left me minutes to get in. Thank you for that post. Showing same-day Neon wallet was released for sale, DL and within minutes pressed 'Go', got in, few minutes later got mail, sale closed.
I already had the disgruntled thought of research time and KYC going through and belief in project going forward, yet put into context.. If think is project worth proceeding with, simply get on exchange. Early days for all.

After that, saw the commotion, and realised I too may have been there.
If considering 'scam', It maybe easy to see that NEO is special due to the fact that the receiving address accumulates GAS while holding. Unless anyone can prove me otherwise, the gas was not claimed on the ICO receiving address, and Red-Pulse are refunding Gas amount to all affected.

IMO, as a first NEO ICO, message has been placed that, If considering scam of free Gas, as goes both ways, the pressure will be too much to bare.

Back to the project ethos of removing daily ..Edited there> (released) realised FUD, to incentivise the truth to be reported.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MiBambino on October 11, 2017, 11:33:59 AM
People got to chill. to say it is the worst ICO or fraud then you are only biting yourself. If it tank or dump you will also loose money. Mistakes happen and this is NEO first ICO, so what do you expect?

Because you do not get into the second round then so what? there are people who do not even get into the whitelist. Crying babies and feeling of entitlement.

Listen, to me it was a success though they could have done better but considering it was their first time they did the best they could at that moment. They have said they will refund your NEO back with your GAS so why the FUD.

I also couldnt get in into LINK ICO, despite the fact that i was in the Whitelist, but why make a fuss about it. Sometimes you win sometimes you lose, is part of the ICO world. Your crying about this, will not make what happen to change.

Wether it was 10seconds early or 10 seconds late it doesn't matter. Some get in some do not including myself. But i got to accept that it is part of the game. I want RPX and NEO to succeed because i believe in the project and that is the reason why i invested in the first place. RPX is already an established company with track record not just some startup with only whitepaper and seeking 100M.

Those crying babes here about RPX is simply our of cheer GREED and not because they believe in RPX. they want a quick flip and their GREED get a better of them. Chill out or go get a beer, the blockchain world is still at an experimental stage. Even Ethereum have had its own shares of failure with the DAO hack.

RPX and NEO will do well. if you are patient and not let your emotion get on you, you will enjoy many X'S

100% agree my friend


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Poink on October 11, 2017, 01:34:33 PM
This is why I no longer invest in ICOs, it's drama central. Easier to wait until price drops on an exchange and pick up a bargain.

The question is, will this happen?  I will wait and grab some if it does, but I honestly doubt it will go down near the ICO price.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: MiBambino on October 11, 2017, 04:16:26 PM
This is why I no longer invest in ICOs, it's drama central. Easier to wait until price drops on an exchange and pick up a bargain.

The question is, will this happen?  I will wait and grab some if it does, but I honestly doubt it will go down near the ICO price.

it always drops a little after getting listed


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: webofunni on October 11, 2017, 04:32:49 PM
Ethereum ICOs are much easier and mature. But it is a first ICO on neo, expect they will come up with much mature and easy ICOs in future.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: luffy7 on October 11, 2017, 06:10:43 PM
My transaction didnt got in but i think Red pulse is the most legit company raising reasonable amt of money.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: evergrow on October 11, 2017, 06:13:16 PM
Now, I totally understand that for team with no expertise in this area things can go south.

I have no understanding for this, people who run ICOs in the crypto world must have expertise in this area


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: vatived22 on October 19, 2017, 11:04:24 PM
This is why I no longer invest in ICOs, it's drama central. Easier to wait until price drops on an exchange and pick up a bargain.

Do you think RPX will drop once it hits the exchange? Goodluck to that. the little this will do will be 3 to 5X


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: yelllowsin on October 19, 2017, 11:47:29 PM
Regarding the fud, here is the official response to what really hapenned.

Quote
Hi Everyone,

I know there's been a lot of frustration and unhappiness regarding start of the second period of our RPX sale. As stated previously, during this first period, the cap was set at 1,000USD (27 NEO). At the conclusion of this first hour, the cap was lifted to 50,000USD (1,352 NEO). Consequently, many people who wanted to invest more, waited until the second period to invest more.

People who contributed NEO as part of block 1445025, were not considered by the smart contract to be part of the second period of participation yet. However, those that were part of block 144026, and going forward, were included. The reason for this is because smart contract timestamps are deterministic, meaning that it must output the same result, given the same input. In NEP-5 standard, the code used is:

uint now = Blockchain.GetHeader(Blockchain.GetHeight()).Timestamp;

Executing this line gets the timestamp of the PREVIOUS block, because that is the only way all the nodes can agree on what "now" actually means, since the current block 1445025 was still in progress. For everyone that contributed as part of block 144025, the "now" parameter was returned as 2017-10-08 13:59:50 GMT, outside the window of the second period. When the next block 1445026 began, the "now" parameter was then returned as 2017-10-08 14:01:44 GMT, which is within the window of the second period.

Regarding automatic refunds, we were unable to do this as a refund function could only be accomplished with implicit transaction outputs. The NEO blockchain was not designed to have implicit transaction outputs for global assets (such as NEO), because it would bring a number of problems and risk to the SPV protocol. After consulting with the NEO core dev team, the next steps for them are: NEO will provide a trigger mechanism, so that future smart contracts can refuse a transaction upon receiving a global asset transfer at a certain condition. This way, there is no need for refund, because the asset would not be accepted in the first place.

For Red Pulse our next steps are to focus on refunds. I understand the sensitivity regarding having your NEO tied up, so I'm prioritizing the refunds above all else, and personally working around the clock to process them. I aim to have these completed within a week.

Thank you everyone for your understanding, and I apologize for any misunderstanding and inconvenience caused.

Best regards,
Jonathan Ha
Founder & CEO, Red Pulse


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: a7594li on October 20, 2017, 12:49:38 AM
this will still do very well when it hits exchange, no matter if those investors did not get in. they will still want to get in. I expect it will at least go 5 times its ICO price



Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: vatived22 on October 20, 2017, 07:44:55 PM
this will still do very well when it hits exchange, no matter if those investors did not get in. they will still want to get in. I expect it will at least go 5 times its ICO price



I agree with you here. If it is listed in Binance it will hit that. I think the reason the team is relunctant to list it is because of the coming btc fork and most of the alt have been on bearish trend recently


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Michae1k on October 20, 2017, 10:23:05 PM
I was a big fun of red pulse but by now its too sad. At that moment I invested into Confideal and Jibrel Network


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: overttherainbow on October 21, 2017, 01:18:04 AM
When is this toke due to hit exchanges does anyone know? Something more specific than "in the xQ of xxxx year".


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: invizib on October 23, 2017, 04:33:03 PM
When is this toke due to hit exchanges does anyone know? Something more specific than "in the xQ of xxxx year".

Kucoin will be the first exchange to list Red Pulse (RPX), the upcoming markets includes RPX/BTC and RPX/ETH. users can start depositing RPX to Kucoin at 12:00, 26th, October (UTC+8), and trading at 20:00, 28th, October (UTC+8).


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: balajisi on October 23, 2017, 04:54:58 PM
It was the fastest ICO subscription and I too wanted to get into got my KYC done and approved but could not move out my NEO's from Bittrex wallet just few hours before the start as it went into maintenance before couple of hours till almost 6 hours or more and this ICO got subscribed within 3 hours. Let us see we might be able to buy them on exchange listing at a discounted price than ICO price which should be better for guys who missed out

regards
Balaji


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: bakgwei on October 27, 2017, 02:23:48 AM
Just a quick info, RPX will be listed on its first exchange tomorrow, October 28: Kucoin.com. Not a major one, but if you want to get your hands on some Red Pulse tokens, this will be your first opportunity.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: weav on October 27, 2017, 02:26:37 AM
I feel like a lot of money went in this project because it is the first project on neo.

First problems are here already , don't see this ending well.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: hyperdak on October 27, 2017, 02:49:12 AM
is Red Pulse named 红贝壳 in Chinese?

i know some people buy many 红贝壳 when it going down.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: mandycheng on October 27, 2017, 03:15:53 AM
 >:(i am very angry with them, i bought many neo at $35. and i tried my best to send it out. but failed...........so sad


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: jlanzago on October 27, 2017, 03:25:27 AM
I have seen worst ICOs. Still the project is good, and fundamentals are there. So saying that they "just destroyed themselves" is out of order in my opinion. Let's see how it does once it starts trading. I managed to get in.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: sweetpeaches on October 27, 2017, 05:40:09 AM
I have seen worst ICOs. Still the project is good, and fundamentals are there. So saying that they "just destroyed themselves" is out of order in my opinion. Let's see how it does once it starts trading. I managed to get in.
It's quite interesting to see how it starts trading yep
But I'll better try Confideal.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: crypto89 on October 27, 2017, 11:52:47 PM
It was the fastest ICO subscription and I too wanted to get into got my KYC done and approved but could not move out my NEO's from Bittrex wallet just few hours before the start as it went into maintenance before couple of hours till almost 6 hours or more and this ICO got subscribed within 3 hours. Let us see we might be able to buy them on exchange listing at a discounted price than ICO price which should be better for guys who missed out

regards
Balaji

It hurts that my transaction went into the stupid block : 1445025, so would definitely want the price to dip a bit to buy in. Also do remember that there are people who received 50%(core partners) and 40% (family and friends) bonuses and all the ICO folks picked up a bonus of 30%, so would expect people to take off profits.


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Savik on October 28, 2017, 12:40:49 AM
Just a quick info, RPX will be listed on its first exchange tomorrow, October 28: Kucoin.com. Not a major one, but if you want to get your hands on some Red Pulse tokens, this will be your first opportunity.

Ive been using KuCoin for a bit and will definitely be buying RPX when it goes live. Haven't had any issues so far, it is very similar to Binance. Check the link in my signature to sign up. They do have decent incentive programs:

https://news.kucoin.com/en/kucoin-will-launch-invitation-bonus-plan-on-1st-october/


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: Xyrosion on October 29, 2017, 07:57:18 PM
Well, If you want to sell off your RPX, KuCoin is the only exchange trading it at the moment. I still think it is a good idea and I'm going to give it time.
                                   https://www.kucoin.com/#/?r=E3geAR (https://www.kucoin.com/#/?r=E3geAR)


Title: Re: Red Pulse (RPX) just destroyed themselves - Worst ICO ever!
Post by: vitja2002 on October 29, 2017, 08:38:40 PM
I was actually quite suprised by the launch. The price is holding at 0.048 cents, which including the bonus from each $1000 investment works out at x2 your investment.