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I invested in this ico with just around 500usd.
now its down 64percent?
ETH value down 80 percent..
This is the worst ico i've invested. Lots of promises, they even have facebook video campaign, stuffs like interview etc.

i have a friend who invested 10btc

What happened swissborg team?

They earn 50million USD in public sale.
not even 1million USD spent in promoting your coin?

ftw, really smells like sh**..

They are kicking everybody on their telegram group who complains, that includes me..

Their facebook:
https://web.facebook.com/groups/970731466407451/

their website
https://swissborg.com/en/

their telegram
https://t.me/SwissBorgChat

BEWARE IN TELEGRAM GROUP. YOU WILL BE KICKED AUTOMATICALLY IF YOU POST NEGATIVE COMMENT




quoted from facebook

Now all the coins have crush in price, especially working projects.
  now only shitcoins grows
maybee need wait more?
 or you wanna x10 in next day)))
i wanna too!! but need wait

dont want times 10. i just want them to make a move to at least advertise or create an event. a worthy event or a beautiful announcement. What happend to 50million USD? all in their pockets?
their livestream event is funny.. just using a cellphone. then showcase their beautiful faces who earns 50million USD.

I did not invest money in this event, but I participated in the bounty. my reward is about 1eth. I'm also waiting for good news.
but now all projects have sunk in price by 30-50%

Congrats on your bounty.. i agree, its because of the bearish market. my other investment also down by 20 to 30 percent but not on matrix AI. its times3 now. times 4 around a week ago

Please understand that almost all coins have drop down dramastically since the beginning of the year. However, if your claim is true, you need to provide evidences so that those people who invested or buy their coins must not panic.

I don't think it's a good time to invest in ICO, so I don't know about it.
Because the whole market is in a downward trend, why not buy tokens directly from the exchanges?

that very bad, same as goldgate

yes!  matrix is really good, I have 200MAN.
I believe in this project. I will hodl man for 1 year minimum

As an investor, we always want progress from a project and swissborg doesn't have the credibility to show their whereabouts and their admins in telegram doesn't even want to answer the queries of their customers instead they keep on removing people that shows a renounce from them. For me, i would rate their ICO as the worst ever.

congrats to us on matrix...
other icos are below ico price.. but this swissborg is worst. 80percent down on eth price? how about that? hehe

I agree... gotcha.
poor swissborg. rich team. haha.

How long have you been an ICO investor? If you have been an ICO investor for a long time, you would not be complaining about a certain coin that has dipped in value by the time it is admitted in exchanges. That is actually the normal pattern as far as the majority of the new coins are concerned. There will always be more selling rather than buying the first few weeks a coin is listed in exchanges. This is not the fault of the project. Nor is it the fault of the project if Ethereum has also dipped in price. I think this project had a sold out ICO. This would not have happened if this project is a total scam.

I think not scam but just be patient waiting move to the higher
now all coins are down / bear Trend
I hope will recover soon
I has invest at many ICO but still waiting

Yeah i understand. its already more than 1 month since they hit exchanges.
Im a just a newbie in ico investing..
Please make research about swissborg.
This is a sold out ICO yes correct. Eth value down to 80 percent? Is this normal?
i am asking this to you because i thougt you are an expert and well experienced in ICO based on your reply..

Thanks in advance

Do you think if token trade below than ICO price this is a scam? It is very strange logic, now 90% ICO enter to the exchange below ICO, because market isn't good now. You bought when market was good, now market is bad. If bullish market come back everything will be good with this project and many others.

Calm down , mate. Im sure but just Swissborg shows bad results. 90% of my portfilio in full a**.  ;D   So, i'm holding just 5000 swissborg tokens , not very much, but i'm like you waiting better times.

I do hope for that to happen. Lets see after another month or two...

That's why the price has been dropping a lot. What was happening with the team because they don't wanna to release the amount to make a big promotion to advertise swissborg project? The price gets decrease a lot. That was different with credit or even lala. Earn less amount of money but the price was above the ico price. I will definitely avoid swiss borg. It looks like developer considers every negative comment as FUD.

The kicking from the Telegram group is definitely a red flag. Thanks for sharing, hope it discourages people from Swissborg.

Yes this is right. They are not spending any money. Other 20million usd project made it on binance.
Then 50million swissborg only in hitbtc?
Many of the investors are really disappointed.

Imagine that they don't want any fud spread about their project, that's why you probably got kicked out of their group.
But, if a coin loses value, it doesn't mean it's scam.

Congrats on your bounty.. i agree, its because of the bearish market. my other investment also down by 20 to 30 percent but not on matrix AI. its times3 now. times 4 around a week ago


Congratulations!

will defiantly watch out from this

You can't tag swissborg is scam just because currently price is lower than ICO price. Crypto market is down right now , even if big project token also lost more than 30% value, all of us same as you, project don't have promise anything you'll immediately earn x10 profit after listed in exchange, I think ICO investment is not suitable for you

Chill out mate - cool it with the FUD. You won't help the price by posting this kind of thing. It's a bear market and everything is down... Projects need MONTHS to develop. You only get this kind of fast-buck panic attitude in crypto... imagine if venture capitalists got itchy feet 5 weeks after investing in a start-up... Relax.

Investing in an ICO is like gambling your investment also if you don't want to loss your investment do not touch ICO maybe your mind set is you have a sure earnings once ico is over but with the current market condition where in majority of coins are dropping would you think CHSB would be exceptional on that? I am also holding swissborg but i don't complain  for what its price is currently now cause i iknow it can recover soon just have patience  if you can't wait then sell and move on. that is crypto trading is all about

It seems it boils down to invest only what you can afford to lose. Regardless if it is on ICOs, trading crypto, and other stuff. Just my 2 cents.

why you say such a thing,
indeed what has happened in the project because I did not visit the website and hang on to the project.
can you explain it to me.

Can the bounty hunters are the reasons? But bounty hunters do not hold nearly 64% of the tokens so smell is really fishy.

Are the remaining tokens burned?

My worst mistake as a newbie was to invest in this shitcoin!!!!!I don't know what went through my mind!!I could invest in NEO...basically anything.... else but i picked this shitcoin!!!the shitcoin is a scam...I can't even bother selling it...that is how bad the shitcoin is...that is the coin that made me decide to never invest into ICO's ever again...i buy after the deep

Yes, I think that at most parts we can expect many things that will happen in a few months. We need to be more patient than others. I know this would be difficult, if only we can leave our investments or forget about it then just get back to it after a few years then we can know whether our investments would be worth it or not.

This is very shocking to hear. My friend joined in this ICO for signature campaign and I feel very sorry about him. Lesson learned, we cannot be so sure that an ICO is legitimate unti the pre-sale starts or if they are just some douchebags trying to waste our time and money.

hmm, Yes possible..

keep your cool mate.. Dont hate ico, just hate swissborg, :)

I doubt it is a scam, I have invested into ICO that I lost 90% of the value of the token, that was when I learnt about the role valuations played in crypto investing, what is special about this project that they need $50 million, the current price is what they market think they worth, if I were you I will be buying more because it will certianly return to the ICO price minimum

All coins price now in Crypto World are going down and don't say it swissborg are scam, because it's not. You should wait and we will see what will happen this year.

It is a new generation of Ponzi schemes.

All forms of investments carry a latent degree of risk – some investments might be riskier than others. When you do invest in a new cryptocurrency like SwissBorg , you do so with an understanding that you may lose part or all of your money – and that’s why seasoned investors conduct due diligence to measure risk in relation to reward before they invest. However, if a cryptocurrency offers you a guaranteed amount/percent ROI on your investment, like the SwissBorg ICO , it is most likely a scam because it’s eliminating the risk factor in investments.

https://thehackingteam.com/swissborg-ico-international-financial-fraud-alert/

You said you were kicked out of their official telegram channel because you were complaining. What were you complaining about? Did you not receive the coins you bought during the ICO? More often than not, telegram channels are kept smooth and professional as possible and if people begin to raise complaints (especially childish ones) rudely over and over again, they will definitely be kicked out for that.

I browsed over the project, it does not look like a scam to me. Perhaps they lack a more credible person in their telegram channel to respond to all the concerns and complaints from their investors. But still I recommend that you HODL your coins because, as you said, it has dumped in price big time already. And then every project will take a while to fulfill everything they include in their roadmap. It takes time so you need to do some waiting. Moreover, I know that you are updated of the prices of cryptocurrencies right now. Everything has been suffering from this red tide for quite a while already. No single coin has recovered yet. 

I am not sure if Swissborg is a scam, but if you say if the coins is down, I can say that most of the ICOs today are trading below their ICO price, example Bitdegree, SelfKey. So losing money in a price in ICO is normal today, as of this juncture, all of the coins are going down.

Before you joining in any ICO, study its development and technology it will bring in the future. As many ICO coins today are trading below ICO price. We must pick a solid ICO. I hope when youre friend study swissborg before investing its 10BTC.

we should have read this before the ICO

It is not a spam, but maybe not that successful ICO as everybody has awaited. Time will tell.

I had entered their signature bounty and they held their promise, sent tokens to my wallet. I sold them on forkdelta after that for good profit. Still, hold a minor tokens of them.

Currently, coin market is bleeding badly, so lets wait and see.

Great news!
"We are delighted to announce that our CHSB multi-utility token has been listed on KuCoin Exchange!

> Trading pairs: CHSB/BTC and CHSB/ETH
> CHSB trading starts: 23:00 March 9th, 2018 (UTC+8)"

oh great news..
Hope it can regain its ico price.. because i lost 80percent in eth value

Swissborg added to the exchange KuCoin, which means that everything is just beginning, do not lose heart! https://www.kucoin.com/#/trade.pro/CHSB-BTC

All altcoin is now reduced dramatically, one of the altcoin I hold has reduced by 10 times, another coin drops by 6 times. But I still hold, maybe you are new to this market, and this is the first ICO you invest. You will lose a lot of money if you still think so

I don't think Swissborg is a scam project . As we can see , they were added on KuCoin and I believe development of project will proceed . Everything is red now and it is a bad time to look at the price . Just wait at least a half year and then make a judgement .

Bitconnect not was ponzi also. And it was traded on Livecoin and other.  ;D But it was closed.
With Swissborg we see Kucoin. It can be more solid than simple ponzi

You can’t say scam…but the problem is crypto market is unexpectedly un stable.
Mostly coins are dropping down, portfolio of every one decreasing almost 50% since 1 months.

We can’t do anything but we can wait for better time.

I do not think that the Swissborg project is a scam. But in such a short period of time it is difficult to say whether this project is successful or not. Especially during the fall of the whole market of cryptocurrencies.

You still think swissborg isnt a scam,?

all alts are pumping right now and gaining its value..


swissborg done nothing.

the referendum is useless and waste of time.

still no new advisers, no announcement, just the scammer team who got richer...

There're so many projects which raised a lot of money and they don't really care about their investors. I also had a bad experience when I invested in Jet8 and Experty, both of they are traded far below the ICO price and I lost more than 60% of my investments. And it looks like the teams don't pay attention to their token price at all. They don't do anything for the community who supported them.

I agree...

Swissborg is the worst team..

Too bad people see anything to do with swiss and money they think it is safe.
I think these icos that use the Switzerland flag on their advertisements know this and exploit these people on this fact:
Swiss is a safe haven for finance but it does not mean them or the company they represent are anywhere near Switzerland unfortunately. :-\

If they are kicking anyone and all who complains in the telegram channel, it shows they are not open minded and unprofessional.
These are the traits of those who are trying hide something from those they can cheat upon.
I experienced the same thing with FIANCIA and they have same indications, kicking people out when they complain, and they are scam!

Brother, it's all settled, that is a total scam of a project. Same with FIANCIA, I agree. Picking people out form the telegram channel when they raise something suspicious and complains. Definitely a scam.
Mark those people out form list brother, they are scammers

Well, here's a factor if you're too naive to get a profit. I think almost all altcoin fell 70% of their post-accident value in the past few months. try to be more patient because at this time all altcoin begin to grow even in small scale. i do not have altcoin Swissborg. but I can see some of his progress starting to run may require time and process to raise its value

not the market has yet to recover fully
swissborg only takes time to restore their ico price i think up to 3 months ahead will be above ico price

I can't really say the project is a scam, but hat put me off the project then was the ridiculous valuation of the project, I think they raised $50 million or so. What I can say is that most of these projects after hitting huge success in their token sale they turn themselves to dictator and will fail to manage their ICO successes well, the FUD start and price will start to tank

Give times for this project to development aim of the project, if the team founder really hardwork and looking for solution, this project can to increase their product and  the demand of the token. The team founder from Swiss and this country popular with investment wealth management, and can be they will manage the project with better strategy. You have to wait patient for that.

seems to me like a scam. Why would they pick and kick members of the community in their telegram channel that have something to raise?
That have complains? It is very unprofessional and totally not acceptable. It is rude. And it does not cultivate a healthy community. I believe it is a scam

seems like not a scam. i think they dont wanna promote coin. they raised their fund and thats all. no any news to uptrend or downtrend the coin. as i remeber ICO gone for 0.1$ and now 0.03$ this will go to moon in future i think this is a long term token

very useful information. thanks friend .... last month I followed a project, and they promise a nice token.But in the end they say that the payment we should receive is not in accordance with what we expect. so, although swissborg has a team of more than 90 years, that's no guarantee.

On the general background it is difficult to understand the scammers or not. The price of all the coins came down strongly and Swissborg no exception. In a month you will be able to say more accurately.                  

Actually this thread is a month old and still the same..

i still think that swissborg is a big scam.

raised 50 million USD and no major announce, no partnership, no etc..

almost all coins are recovering..  some ico;s doesnt reached hard cap. but they are gaining.

For now I fear huge ICO's that can raise more than 30 millions dollars. 50 millions is a huge money and they can do everithing if they want to. But usually these companies don't rush. it seems like raise mone this is their purpose. Not doing project, not do all to the community and showing pragress. They raised money and lost all motivation. They like fat lazy cats after they having breakfast. All these companies don't even hire someone to make project better. It's like they were surprised when raised hardcap. they all shame of crypto. That's why so many people dissapointed in crypto and ICO's.

Dear awesome community,

First and Foremost, I would like to thank everyone for sharing your thoughts and feelings regarding Swissborg. Really appreciate it.

There's no doubt that the CHSB token price has had a rough start. There is ALSO no doubt that the token price is highly undervalued based on the growth potential of the company, the wealth management platform and tech products currently being developed. As many experienced people in this chat mentioned, almost every ICO took a hard hit during the bear market from February onwards and when you look at companies that have been listed for around 4 months, very few generate 2X 3X 10X unless there is A) A massive pump and dump due to excessively high discounts during pre-sales or even ICOs at times or B) Blockchain protocol companies. The latter tends to really do well even only a few months after an ICO. Many of these blockchain protocols just have a strong white-paper with scientific formulas and persuasive buzzwords (interoperability, 200 zillion transactions per second, potential for side-chains etc...).

The point is for all the awesome members who mentioned Swissborg being a long-term project, there is absolutely no doubt that we will deliver for you and it's really just a matter of time.

With regards to the Telegram Banning, I would like to share with everyone the clear rules viewable in the pinned post:

1. No insults, arguments or personal attacks.
2. No fake information or accusations without backed evidence.
3. No stickers or flooding the channel with ads
4. No irrelevant/touchy topic discussions
5. Please be respectful with fellow community members

On top of this, even people who swear and use really dirty language get a friendly warning which means a second and even sometimes third chance before being banned.
Perhaps, we may be a bit strict depending on the scope you look from, but in order to keep a healthy vibe for the community that believes in the project as much as we do, we need to control these elements and potential FUD.

Regarding the scam threats, we are more active than most projects by giving live 1 hour Q&As directly with the CEO and Co-founder for the entire community every other week.
Speaking of which, next Q&A will be Tuesday May 1st, @ 6:30 PM CET time so please make sure to follow our youtube channel: https://www.youtube.com/channel/UC_Jyx7gJXh3yHFxZSJIlIhQ

Announcement:
https://drive.google.com/file/d/16ToDKu22UScUTVi1cUj4KBwm86UMpUjp/view?usp=sharing

All the best,

Alex Fazel
Head of Communications @ Swissborg

All altcoin is now reduced dramatically, one of the altcoin I hold has reduced by 10 times, another coin drops by 6 times. But I still hold, maybe you are new to this market, and this is the first ICO you invest. You will lose a lot of money if you still think so

So every other week is more than active?

May i ask why swissborg is still not moving?
your investors are in 80 percent loss even the market is already recovering..

What did you do with the money?
no exchange?
no new advisors?
no campaign programs?
no buy back etc?
Pocketed the 50 million usd and just put 20percent of it in circulation?
thats why your investors is loosing 80percent?
did you even have an office?
please explain about the scam articles we found online...

please enlighten your investors...

we are more than willing to listen..

I am sorry for your lost. I too participated in swissborg token sales but i traded my coin when I discover I am at 50% profit. just like I use to tell some of my friends on telegram, you will only know the true character of any project startup after the crowdsales and for me when I discover that team members are not forthcoming in answering question and giving update I will be triggered to dump the token. GENE token seems to be doing the same now after we investors discover that someone from the team solved huge amount of token causing massive fall in the price of the token.

I dont believe in all those mining coins.There is one more now coming to sell coins and than they will use funds to buy mining equipment .I dont believe in those things anymore

Some projects really dont work if they are lacking with good promotions. They have to focus on how to make their coins be popular and increase the transaction level. I saw swissborg before and I am quite impress with the idea of the project but I dont invested in it. I do have swissborg because of bounty rewards and I just keep on holding it.

I invested in this ICO, not a huge amount, but agree that the performance has been disappointing so far. The timing of the close of the ICO was unfortunate, especially as many investors bought in when ETH was at a very high price, meaning that the drop has been even more exaggerated. Hoping that the price will recover, but at the moment I'm just playing the waiting game, didn't invest enough to be too frustrated. Fingers crossed.

Many coins have fallen in price since the beginning of this year, I sincerely believe that everything will fall into place, because I also invested more than 1 ETH in this ICO.

I invested too in this ICO.

Im not even a member here yet when i purchase..

Now 1 eth is only .1eth?

considering the market value that time..


I may agree too  that this is a scam coin..

I see their twitter, they post pictures that they are in Japan, and in many other places,
seems like they are enjoying themselves in the money they got.
fancy hotels, maybe girls, expensive drinks.. etc.


Oh they are hiring, what a Sh**** hiring..

Get yourself an advisor, a real one. Or you dont want to spend the 50million usd?
just the 5 percent of it put in cap?

enjoy the 45million USD..

anyway,
what a pity, replying here but dont even care to reply again..

Cheers,,

I don’t think so because it was so popular among experienced traders and I hope they are not wrong about it..

I think you may have encountered a scam. A group of fraudsters deceived you and released an ICO. That's just a financing. All investors' funds will go into the pockets of developers, their coins will be worthless, and their team will not do anything. So, you can only say that your luck is bad

i am a swissborg investor too and i am sure swissborg is not a scam, the price is now down very far because market is not stable, my advice is just hold and wait until the price increases.

I browsed the official website of Swissborg and read their white paper. I didn't see how they became a scam.But keeping caution is always good.

lol, you think every coin will be very easy to increase? you are wrong, because there are some ICO that takes a very long time to make the price increase and I think swissborg is not a scam, but now it is not yet time for swissborg prices to increase.

it's not even funny how a group of people would actually gather and brainstorm on a project that would put a lot of money in their pocket not even having 2nd thought of those that would fall victim.. anyway lessons are learned so next time investors even with the lowest contribution would think more than 10 times before trusting. i mean u formed a team, with a great project idea but dont plan to further improve. come on.. you are on blockchain which simply spells innovation at least for me. There will be great projects in the future though that would perhaps turn things around on how we see ICO nowadays. Finger crossed!

I completely disagree with this. I am fully confident in this project, although this rarely happens with me. I think that soon we will learn the truth.

Definitely some ICO's are good and some are not. We cannot know which is scammer or not. Although the price are not stable in the market, so if the price going down it should be Hold and wait to increase again. Im not an investor of SwissBorg but i participated in their Bounty Program and hopefully I will received my rewards even until now not yet received

I know one team in this project spent a lot of money on advertising ICO in social networks. But of course it can be scam..

To be honest, lately I do not distinguish ICO at all. Now the scam is done very qualitatively. So let's see how this project will show itself ..

I've seen similar posts but I think that this is only FUD because personally I see no reason to consider this project as a scam.

I don't think that Swissborg is a scam project. I'm seeing the development what they are currently doing and I think the whole team is continue developing the project. Looking forward the the price of the token will rise again. I have faith in them.

me i don't have faith in them.. they are big scammers....

going to many places, having parties here and there haha..
No concrete plan for the future.

Left their investors behind..

Swissborg is now down to 90percent..
Employees resigned already and the bosses travelling around the world and having parties..


Wow...

I can give you an example of project Knowledge. Tokens are sold with a 65% bonus. And the winner of the quiz was the ability to buy tokens with a 100% bonus. What in this case should be the price of the token after the ICO and listing on exchange? At the moment it is 90% drawdown. And this is not like a scam but the profits wouldn't be here.

I can't see why people invest in Swissborg?
What was the potential on this token?

I like the new tech like Quarkchain and Hashgraph.. But I don't get it when I see Swissborg.. What is the innovation?

It is one of the risks investing in the ICO. We don't know the future and value of the token after the bearish market. We just wait for the god news then. From your story about this Swissborg, I don't really know whether it is absolute scams or not. But, we can take the lesson to be more careful in choosing the right ICO.

I didn't invest in this project. But I read a lot about it. The project had high ratings and I don't remember a single red flag. The team that takes part in the development cannot affect the price. Even if they don't sleep and will work 24/7 then the price will not grow.
I have a lot of coins from different ICO's that have been very depreciated. These are not fraudulent projects. Simply they were unlucky, they came to the falling market. It happens.

we know investing in cryptocurrency is full of risk and we have to understand it before doing it. but if you have invested and have not gained profit then my suggestion is only one that is patience a bit longer or hold for long term.

I think not a scam, just be patient
not just swissborg that has decreased price from ICO, many other projects like (Aidcoin, Trade.io, Domraiders, etc)
maybe their team is still focused to run the roadmap and don't care about the price of their tokens

Apparently they bought lambos and other stuff with the money and they're just partying like crazy in Dubai and other cities

Well, here's a factor if you're too naive to get a profit. I think almost all altcoin fell 70% of their post-accident value in the past few months. try to be more patient because at this time all altcoin begin to grow even in small scale. i do not have altcoin Swissborg. but I can see some of his progress starting to run may require time and process to raise its value

If the price of some token down doesn't mean that the project is a scam one, it's a different thing because they don't promise you that the token price will be x at x time. You invest in the project believing that they can deliver the promises and if they fail to deliver it then it will be a scam, but right now they are still working on their product.

I think SwissBorg is good project becose this is first crypto wealth management platform based on blockchain technology u need to wait for swiss fintech startup then token price will grow up!Im this token holder from the start,im truly think they have great future!

I feel your concern and have bookmarked this coin as not worthy to invest but they are not the only coin with a huge dip in price there are hundreds of it now, but since you said they are not moving their fingers to promote their coin, then its not worth investing on this coin.

I did not participate in investing, but I participated in companies of generosity, it is a pity that the coin falls!

i see a lot of active users on their telegram's channel, but i don't think that promotion is the main problem.
The main problem is that no-one can explain me what is the purpose of this token...how this token can be used.

Many projects are down. but been down 80% is a big loss, but things might still bounce back as things get better with the market.

I know from the start that nothing good will come out from this Swissborg project is just the same thing ...  now that every one believe that they can easily create a erc20 token and hype it by telling people different stories like we will solve this and that

This is a 100% scam. This project has been founded by Roustam Semeev (Roust Semy on facebook), an uneducated, unemployed, unprofessional chechen national who lives in Switzerland. He has a long history of taking money from people and never paying anyone back. He is used to living at other people's expense. He established swissborg to collect money from thousands of people and using it to finance his everyday living expenses. He did not make any investments simply because he does not know how to. His expertise in finance is zero. Sorry he stole your money. Hopefully police will take care of him sooner or later.  

That look like scam project or maybe that is a true scam project.
If they are not scam, how can they kick investor like you when you protest.
50m that amazing for ICO, it look's like project that name Athero they received 20m and team gone.
He said if they are now on Dubai and have a meeting with some client there.
But it is 2month a go and keep nothing.
That is scam project.

Things are still not doing good with many projects that were introduced a year ago just like SwissBorg. I actually supported this project in many ways than one because I saw the big potential of this project according to their published RoadMap. I am hoping that the team behind SwissBorg can be able to recoup the time and opportunities they failed to utilize in promoting the platform and making sure that a critical number of users are joining the bandwagon. Unfortunately, there are many similar projects and many are even much worse. I sympathized to those people who really invested money for the project and hoping to get something out of what they laid down.

Things are not going to go well for Swissborg ("borg" means wolf in chechen language) associated with Roustam Semeev. Roustam Semeev came to Switzerland some 20 years ago. Instead of going to school, building a business or a career, Roustam Semeev was scamming people for the past 20 years.  Roustam Semeev does not have any knowledge of finance or investing. He finally came up with a scheme to collect money from lots of honest investors. He already spent your money to buy himself a house that he would not be able to afford otherwise. Check his facebook pictures. His facebook account is Roust Semy.  Roustam Semeev hopes that your money would allow him live carefree lazy life without having to do anything. We hope that Swiss law would prevail and Roustam Semeev would be sent to prison for scheming and stealing money from people. Justice will prevail as Roustam Semeev went too far in this case.

Also, pay 2 francs and read an article here https://www.bilan.ch/entreprises/doutes-serieux-sur-la-premiere-crypto-banque

The journalist tried to interview Roustam Semeev (Roust Semy) and all he heard was blah-blah-blah. What else can you expect from an uneducated, unprofessional, unemployed Roustam Semeev who was stealing from people all his adult life?

Admin is dead. Team members are dead. There is nothing left in this project now. They raised huge amount of money $50 million. Yet they didn't care about investors. CHSB isn't a dividend giving token, it's just a worthless utility token with no use case for investors.

if the price drops to 90% from ico it is reasonable in my opinion because it is indeed the market and crypto conditions that are unstable at that time, maybe a scam is not the right word

Just another addition to the long list of the scam ICOs. The modus operandi is very similar for all these scam projects. The idea behind the project was a good one and they spent quite a bit of money for marketing the coin. But once the funding was completed, the team vanished with all the money. I am surprised that this coin is still not delisted from the exchanges such as KuCoin and HitBTC. It may happen soon.. so in case anyone want to limit their losses, they can immediately convert their tokens to BTC and book losses (before it gets delisted).

What do you say ??? market down ??? do you not read if team isn't care with projects and investors, so besides word scam? what is appropriate for project that has been abandoned by team ???

According their website their platform allows you to: "Predict, learn and earn Bitcoin with zero risk. The community app is now live"
Do you see any possible use case for their token? I do not. And that is the answer, no use, no value  :).

So far, most of the new tokens that first appeared on the stock exchange, have fallen in price not just by 60 percent, but hundreds and even thousands of times compared to the ICO price. Therefore, many teams used various methods in order not to withdraw their tokens to the exchanges on a bear market. Sometimes they simply refused to do it, sometimes the delay was explained by various objective reasons. This allowed them to save tokens from almost complete depreciation. However, this is all fixable. Now, if Bitcoin continues to grow in price and will pull all the other coins and tokens behind it, everything will grow, as it was at the end of 2017. The fact that the token during the bear market period has dropped significantly in price does not mean that the project is dying. It is necessary to follow the development of the project itself.

Then if the price drop so much and there is no development is confirmed is a scam, i wish never happen again this to investors when will invest now on IEO, and i also think if there not was so much scam on ICO last the price of crypto not drop so much.

Yea swissborg is trading at 0.009 presently and the ICO price is around 0.08 I guess well I think it will recover because I don't see any traces that they've stop development

Anything that says zero risk is a scam, there's no way you can't encounter risk when investing, if there are some people who's gonna believe this they're really dumb, they deserve the loss they got because they didn't do any research at all.

90 percent down from ico means it is one of the coins %95 of the market. That doesn't mean it is a scam but it is a shit coin like most of the market, unfortunately.

Honestly I have never heard about this Ico and the coin,but I would recommend you to wait a little bit - lots of alts are down 90 % from Ico price and even more ,patience is the gold for cryptoinvestors.

In my opinion yes, because so far no Swiss project has ever succeeded the latest is the WPP token which it says will be stable, but look at the price now, far from the word "stable" but it could also happen because some ico at that time started selling tokens as well, many of which experienced a decline but it could have been a scam

These are one of the sad experience of trying to hold on a coin in the name of “not selling at a loss “ or waiting for bull run. Traders will always win. Although 2018 want good cryptocurrency entirely which saw very great price fall in majority of the coins. Just keep holding or sell to move on.

When was the crowdfunding done? During the bear market or recently? Hope you are aware that the prices of most new projects crashed during the bear market.
 
Did you research the project properly before investing?
Did you invest for profit reason or you invested because you are certain the project is of quality and viable?

Could you have donated to the project as a wealthy and informed crypto enthusiat if they had only asked for donation?  If no, you probably shouldn't have invested in the ico.

I have stopped investing in ICO since last year because most of them always get dumped at the initial listing. If you have interest in a project and you don't want to give yourself heart attack, buy it on exchange after the ICO.

Although the general market is down, but I expect that such project that of able to raise such huge amount, should be able to use part of the fund to maintain the price of their coin on exchange and if not that, a working product as they profess to have, should be a good means to bring about sustainable price growth.

Most of the 2018 ICOs are bleeding just because most of them raise their capital in the bull market and sell in the bear market. I looked at the project several times it seems legit but not trying to protect the investors is a concern to me. This seems like a dead project unless the team is able to raise a new capital from other investors to keep the project afloat

That's wrong. Instead of burning the amount that they hedged since market crash for pointless marketing and advs, they invest it in developing a new world shaping investment app called wealth app. Swissborg offers wealth management. As A Wealth client of the upcoming wealth app, you will have access to a simple gateway to themed crypto indices (and other investment products) , from proven experienced investment professionals and therefore alpha generation. Also, if you buy CHSB, holding a multi utility token with an ongoing decreasing circulating supply that provides also a fee  reducing mechanism  for transaction (like bnb) on the wealth app. Moreover as chsb holder you become part of the ecosystem where you get rewarded  for taking part on referendums. More utilities are planned.

First, you really need to understand what the purpose of the token will be, it will have several real use cases once the wealth app is running. CHSB is and will be the heart of the SB's ecosystem.Once the app is here App, a set of Utilities will make the token hopefully purposeful. Right now it has no real value except the rewards through referendums, but this is not the final and only utility, more utilites like mentioned are planned.

Since last year, the team has been working with an engineering team that has developed systems for large banks (Deutsche Bank, Société Générale). They are currently developing "platforms/protocols reach up to 100,000 TPS, which relative to all the crypto exchanges available today is extremely high."

Read more here: https://medium.com/swissborg/key-tech-update-engineering-collaboration-partnership-5941c1339e37

Swissborg is NOT a scam. Do you have any facts that prove your statement? The team releases every month reviews about their progress in hiring, developing and marketing. They are just a few months away of releasing their flagship: the wealth app. The main objective is the portfolio management of cryptocurrencies (indices are planned, more than a dozen) ... the protocols are made by very experienced engineers team who have already hired by large banks (deutsche bank, SA e.g). The app will also be connected via API to several major exchanges, so that the best prices and the best liquidity can be determined nearly instantly. CHSB will include a staking and buy back and burn utility, transaction fees can be lowered by staking chsb (the more you stake, the more you save)

"In Switzerland, SwissBorg is regulated by VQF, a Swiss Self-Regulatory Organisation (SRO) and is therefore considered as a financial intermediary. In Malta, SwissBorg benefits from a 12 months transitory period (aka grand-fathering clause) from the MFSA to deploy Class three VFA activities. However, that does not mean that we are authorised or regulated by the MFSA yet. In Japan, we are working on obtaining the Virtual Currency Exchange License from the FSA."
https://help.swissborg.com/hc/en-us/articles/360016245254-What-kind-of-Licences-does-SwissBorg-intend-to-have-


Read more here about the lastest progress: https://medium.com/@swissborg

Maybe one factor is the downtrend of cryptocurrency then another factor is because of those who buy tons of it and get a high bonus. You are already there buddy just keep hodl and be patient waiting for it to get pump.

I see your instincts and normally I would behave that too. But you have to understand, that this is a marketing step from Swissborg, and as well as for any marketing production, Swissborg pays for it. But instead of paying to Google adds etc. they pay actually to the end user, who joins the community. For each new member one dollar is added to the prize pool, which will be spread among the top 1000 players of the community app. Reward will be payed it btc. the app teaches you TA, gives you an AI price prediction for btc, so you make the right choice in the game. You should at least try it guys. It's free. No deposits, no private keys, no wallets, nothing.

There won't be any sucking new capital from investors. The project aims to be self-sufficient (based on the app's fees, providing services to other ICOs and more). Furthermore, the income will be used for buy-back-n'-burn mechanism, so the investors of CHSB are really rewarded (besides next CHSB's utilites).

Swissborg project is still under the development, so the main usecases are not avaible now, but soon CHSB will become:
- a fee token
- a token, with which the team will perform buy-back n' burn mechanism
- a discount token (you stake it, you get discount and swissborg products)
- and many others

Now CHSB is:
- a reward in referendums, already 2 took place last year, the referendums take place completely on blockchain
- a vote in referendums. The longer you hold CHSB, the higher reward you get. The bigger amount of CHSB you hold, the bigger vote you have.
- a reward for taking discussions on swissborg reddit forum

Guys note, that Swissborg is very ambitious and complex start-up, which works on several projects, most of them have really a long term goal. But they have BNB as a model and want to achieve a similar success as Binance did. I don't expect it to be #7 tomorrow, but hey, CHSB is around #400 on cmc rank, if they make it to top 100, the price would be actually many times higher than the actual one. As we come close to Q4 2019, when the flagship product should be released, the price should start moving imo.

For such an investment, the loss is very large. Many people who invested in various ICOs last year lost a lot of money and expressed sympathy. Now, whether the team is still promoting and doing things, it is necessary to check the authenticity of the project. This way you can tell if it is a scam.

Swissborg is not a scam, they have already working app where you can predict next price movement and if you rank among the best you get some money.
But if you care about the token- yes, it is useless, it doesn´t have any use, thats why it doesn´t have any value.

Swissborg before was performing well, but i think all of the coins and tokens are under performing nowadays, everything is down even bitcoins and eth, but i think the main reason why it downs for 64% is that the lack of community support, no engagements in trading and all others. No users means, it will fall in the long run, not just swissborg but also the others out there.

Ever since I started exploring ICOs in 2017, I have looked into Swissborg. However, I choose to pass that opportunity back then. My mentality of "Invest in an opportunity what you can afford to lose", is something that gives me a different perspective in case I lose too much for investing in that opportunity.

Diversification is still the key. If you have invested in a lot of coins or tokens aside from Swissborg, expect that you will lose most of the time. We don't expect a higher chance to win. This is the crypto world, and losing money is what we mostly expect no matter what coin or token we hold, even the almighty Bitcoin,\.

WPP must be one of the greatest scams in cryptocurrency investing. They planned on being a stable coin and even lied to their investors that they were planning to list on Binance several months ago. Look at how hard the token has dropped in value today. Over 90% dip. Its amazing because they were showing so much promise initially

^^^ Only god knows who cheated whom. I won't be too surprised if the above message was posted by Roustam Semeev himself. How can they put all the blame on Cyrus Fazel? Fazel was one of the masterminds behind the Swissborg project, but it is not 100% believable that the other team members didn't knew what was going on...

IMO, all these people (including Cyrus Fazel, Roustam Semeev and Deni Dudaev) knew what was going on and they planned everything together. In order to escape from the law, some of them have shifted their operations to Sweden, well supported by the Chechen mafia. A lot of people have lost their life savings. This can't be allowed to go unpunished.

Once again Roustam Semeev is a long time scammer. He does not hold any degrees from any university. He does not have any professional experience. Roustam Semeev (roust semy on facebook) is a lazy psychopath. All he did all his life was scamming people out of their money and living at other people's expense. Scamming people with Swissborg is a climax of his career. Hopefully police will take care of him from this point on. Pay 2 francs and read the article:

https://www.bilan.ch/entreprises/doutes-serieux-sur-la-premiere-crypto-banque

If you are an official looking for the information to prosecute Roustam Semeev, feel free to leave you credentials here and we would be delighted to share information from Roustam Semeev's past.

The best thing is that internet remembers everything and once information gets posted it would stay there forever.  Roustam Semeev's family would find this info and would be deeply ashamed of what Roustam Semeev did.

I heard with swissborg and I think is very good project ICO with sold out on hard cap but after price down 99% I think swissborg is really scam, maybe we can't say scam because still have price and exchange for selling but when looking price lower under 99% with ICO time for investor never want to said not scam always say scam project and lost much investor money, I think with ICO investment you never have holding your assets in your mind because many ICO have lower price after one month listed.

CuteGirl, thank you for saying that! The problem is that Swissborg was founded as a means to scam people of their money. From the beginning it was not intended as an investment instrument rather than a tool to scam people of their hard earned money. But this is Switzerland!!!! You cannot do this to people here. Sooner or later they will pay for doing that. We are just waiting for the officials to bring these scammers to justice.

Swissborg is not a scam, they have relatively successful working product for crypto predictions, like game.
But why the hell they created token? Only for ICO sale? That is the reason why price dropped.  ;)

Actually not only swissborg but most of the ICO since last year has been down morethan 50% lost value. There are many people has been victimised with those ICO scam / fraud project They were just fine at first but after raising a huge amount they forget all promise they give to investors.

I remember this Swissborg and I believe that it was one of the ICO I participated. I think this was early 2018 or something? I invested in this ICO because my friend, whom I trust told me so. Then I invested. The ICO was completed and it was a sold out! I think this was just a down price because of the market trend right now. The market is still unhealthy.

I wanted to say thank you to this topic and separately to you.
I've had problems with dishonest people. They looked like decent people, but they disappeared with the money at the first opportunity. I turned on your advice to Rustam and he really was able to help improve the situation. I think he has a special talent for seeing people and calculating situations. Thank you for your advice! I hope that he will help to bring out further deceivers, clearing our world of all sorts of rabble!

Roustam Semeev where are you my friend?  Cat got your tongue?

That's for ICO participants but for those who have bought this coin at less than 1 cents could get more and 100% ROI. It's probably 18x ROI from their initial investment.
At least this project can still survive even there are so many problems that happened with CHSB.

It looks like the majority of people are still holding their CHSB were long term holders.