Bitcoin Forum

Beware. This could be a SCAM

• Appeared just recently 2017-10-21] (domain, posts, etc)
• Pre-sale only 2 weeks later from first posting
• Social posts appeared just a week ago
• Mostly fake team (no linked in, no social profiles)
• Some team members were suspects of another scam
• No product / MVP
• Extremely generous airdrops to attract attention
• Whitepaper is garbage, just marketing b.s., no real technical content
• No legal entity

lots of other warning signs

what do you think?

these are valid arguments

I'm not planning any investments, but it is interesting how creative are people

the same team from

TopProfit

http://icobuffer.com/projects/topprofit/

and topprofit domain is closed already....

Theres a lot of project like this,bitcointalk is getting scary because of these scammers who doesnt want to work and earn their BTC.They want our BTC badly we should be all vigillant at all times.

The same opinion, keep away from it

All airdrop are potential scammer.... Just use your initiative...

All ICOs and Airdrops could be scams, but at least with airdrops, you don't lose any money - although they can damage the credibility of alts. Do a LOT of research before buying into an ICO, there are a lot of scams, but there are also some really good ones if you are discerning enough to tell them apart.

maybe they are scam so better keep away for it.

there is list of problems with a project

can you defend these points? at least one of them?

They claim you can make 810USD / month with 100 users using your wifi ;D ??? ;D

https://imgur.com/a/b1U9z (https://imgur.com/a/b1U9z)

this is super unrealistic, these allegations are made for one purpose only - to attract and to take many from a crowd who are easily tricked

thanks for warning, bro. Is always good that someone checks the details of a project.

You're just a heather) the usual stupid troll

losing BTC by means of investment in scams hurts much more than losing fiat money in lottery, gambling or derivatives... I would say if one wants to steal, the most profitable and easy is BTC. Therefore don't keep up with the Joneses and hodl on your own.

Anonymous or obscure teames are already a big red flag. The time of anonimity in cryptos is progressively over as the project pretend to be real life applications.

The project isn't unique in any way.. I haven't gone through it  though.
 There is a similar one already, known as WIC. You should probably research how far WIC has gone and how well it is doing before throwing in your hard earned money on the new project. 

WIFI global is a scam? thanks bro for your your update so we are going to aware with it, theirs a lot of scammer in an airdrop, some wants you to donate for the gas of each token to think that their value will not increase, theirs a lot of wise man who  just create a coin that theres no value in return they will continue to sell it until they reach they huge amount.

Such a beautiful idea. It would be nice if they actually execute it as many would directly benefit from it.

The team's lack of LinkedIn account is a major flaw. Nobody wants to be fooled.

might as well consider a project which enables to detect and do thorough or brief investigation about a certain Initial Coin Offering. Some project aims just to take money of their investors, Investors who are new to this kind of scheme since ICO now is really booming, Almost everyday there is a new ico being made. Sad thing is with this kind of modus some investors will change their mind and won't participate anymore to Legit's Ico cause it's hard to differentiate/actualize what is scam ico and not.

Thanks your info! But i think we need more info to defining scam
Online trading is risky! Let's examine and decide for ourselves. Make sure all losses do not affect your life.

I have smelled the unpleasant smell since the first project came with a non-transparent system.
plus your observations that add to my belief that this project is really a scam.

What they have done makes us distrustful. But their ideas are really attractive. If they are a real project they will need to do more to take trust investors

They really have nice ideas but  what they have done is disheartening

Is there a service to get ICO's audited?

it takes time and effort to do this, maybe we could do a crowd funding campaign to investigates all the rip-off's

lol...
you must be kidding with that post
why should someone affort that ?

I was really interested too and I'm still looking for ICOs to throw a few ETH at (PM me please if you have ideas there).  But... yeah, seems weird.  First of all, we get an email advertising pre-ICO and to just send ETH/BTC to some address.  For all I know anyone could spoof an email like that.  Should do pre-ICO through a secure website at least.  And there is even more to consider...

For example, "monetize your router???"  Yeah, I can just imagine getting 50 cents a month for this.  It just doesn't seem feasible and the explanation wasn't really clear.  I really hope I'm wrong but I'll be watching and hope I don't get hurt too bad if this thing turns out to be the next Cisco

These are indeed some valid points that are very much against the proper growth of the project. However, to be fair to the project and the team members, you might wish to raise these all up to the devs and wait for their response. They might also have some valid answers to these shady details. I cannot see on the list that the devs are shutting their doors for queries and issues like these.  

If it's really a scam, is there any 'damage' for us who joined them?

There are a few wifi projects, but the most promising is IUNGO (https://iungo.network/) if you are interested in this technology.

I found them here, in the forum a few weeks ago and today they are on Coinspeaker https://www.coinspeaker.com/2017/11/11/everything-amazing-everyone-happy/

At a very high level, Iungo provides society with ubiquitous and seamless internet access through a distributed global network, built upon a swarm of  wifi hotspots.

The points you raised about Wi-Fi are not ignorable. But it is not certificate that old registered on bitcoin talk will not scam. Vote in your favour.

I Wonder why people spend so much resources in setting up scam site, instead of investing them in real products and service

you can setup a website in a week (as these guys did it) and "start ICO", grab money and run

real products takes times, effort, investments, etc. to build

 

Thanks for the info! Will have to keep an eye on them.

Really it's scam? I already invested. Lets see how it goes.. ???

FCUK, just realized it is SCAM...  Was looking few Wi-FI projects, but should agree, this ne is nicely done, but not real... Better I will choose more realistic IUNGO... https://bitcointalk.org/index.php?topic=2196784.0 

Hi Fishnick,

Yes I also agree with you IUNGO is the real deal:  high quality real team with full profiles (also ex LinkedIn Exec as advisor), working MVP, core team active and answering every question on Telegram and a very intelligent and engaged community of supporters ( i recommend you join the Telegram!). I have already made two investments in the pre-sale and it's definitely worth checking out now before the 19th November (67% discount, pretty sweet).

Good luck out there guys and stick to quality projects!

Yes, leave the shit project. Wi-fi is relate to the govt policy. To make such project isn' t easy. If there is a project that should deal with government like internet provider, energy plant and finance that need to deal with banks and govt, you should stay away from this project if there is no legal certification released. There are many fake project. the coin just dump and pump.

I have found the brief information about this ICO and their rate https://icobench.com/ico/wi-fi-global . So they want to make Wi-Fi free for any person? I doubt the project will have a success, and their whitepaper is strange… but it also does not seem like being a scam, just a bubble.

I propose you sell your investment as fast as possible, before it's too late. Everything shows that is scam so do not risky and take it out

WiFi Global scammed me through their telegram before asking them if this was regular protocol to ask people to send crypto to non contractual ethere accounts;  which telegram coordinator agreed on as "normal" business practices
 
All in I was Scammed  $126USD.  I am really happy that they will have something coming to them that is more enjoyable to me then losing out on that amount🙄

TXHASH; 0x229b665496f0a762198beae1ac07c78f65256b496ee8088acf9c1265e014d127

And after confronting them on the main telegram page they locked me oUT so I couldn't get the word out on their deception.  I didn't come here to get any sympathy for my  naivete but to let people know what not to do for this inpostor  ico; hope it reaches many before they scamake more.

these guys deserve to die

IUNGO team fucking scammers

If they do not give back our money we have to kill them

Mother fuckers

Was looking forward to join their bounty program, but their ANN is made by dude with negative trust...that scared me...so I don't see reasons to argue with you; this project is very likely a scam thing.

This IUNGO project is 100% scam.

Their ICO issuance price is USD1 and when they were listed in first exchange, the price was traded at $0.30 and now below $0.01.

How could there will be investors to dump the price to $0.30 so to suffer 70% losses? This is carried by internal/their own team.

Anyway we can take legal action to have audit?