Bitcoin Forum

I'm familiar with NEXO and Celsius. They are insured by Bitgo and are reputed financial paltforms.
But there's one more crypto.com that's been advertising a lot. They say to give you 8% interest of bitcoin deposits. It's much higher than on Celsius.
But my question is are they even legit? I haven't heard much about them like I did for NEXO and Celsius.

That was previously an MCO coin, I manage to see how it pump during the last bull run and that time I considered it a great investment.
I don't keep tract of this coin anymore, but judging on it's trading volume and the trading exchanges where it was listed, I believe it's a legit project.

Yeah it was Monaco before and I'm also seeing their ads everytime I visit price ticker websites. I also think that this project is legit, with that high volume in different exchanges but conduct more research if you want to invest on them.

crypto com previously named Monaco , i remember when they did ICO and investors did really good ROI on that token , glad to see they are still in business and doing quite good , almost forgot about them . I think if they are still operating for so long then its quite safe and legit company . Usually when projects are not legit there is plenty of threads around bitcointalk forum to warn people .

NEXO is a shit another copy of bitconnect, for your info. Don't fall into it and lose your money. There's no way of giving 8% interest, you must have known about the final situation of bitconnect.

you should wait for more legitimate information, because I am also interested in waiting for this information. maybe there will be someone who will provide a link or whatever to verify the project

Bitconnect that died long time ago was one of the good coin in the middle of 2017 but it died early 2018 with people investment. We should not look on how a coin performed in judging on how legit it is but we should find out those behind such an investment platform. Nexo is legit because the project was open for everyone to see and if crypto.com is open for all to see and the owner have integrity then it should be a good investment platform.

It can be legit but you have to be careful on investing, a promise profit from a new project is one way of scamming people especially from my past experience. The return interest when you deposit bitcoin is pretty high, I might also study that project and wait for more feedback about it. If anyone tried investing on that then I guess it can help to give us more insight about the project. Nexo is not good I guess, it can be a scam project too please take cautious.

MCO is nothing like Bitconnect. NEXO, Celsius and Crypto.com all are providing a feasible interest on the deposit of users. A 8% per year could be easily made with a simple business model. Bitconnect promised a high interest rate paid in bitcoin (a 0.1% to 1%) per day. They just mentioned it's the profit from a trading bot. While other of mentioned projects has a working lending platform.

so, this crypto.com is monaco in the past, and 8% per year for investors is very realistic profit for me
but about the risk, i think all investments is risky my friend,
and always remember with this quote " Don't invest more than you can afford to lose "

Easy return of investment our most likely scams. because out of 100% crypto investment out there that will return you your investment in a short time or something like that ended up a scam. so I can't be 100 percent sure but there is a higher risk risking on this kind of investment maybe it will turn to be scam if it gathered enough money to steal.

Naturally the answer to your question should be yes but in practice it is neither yes nor no because it depend on the type of project you invest into and the type of team behind it.
Garbage in garbage out, if you invest with scammers or unprofessional team, the result will be similar.

Cryptocurrency is fluctuating, especially if an investment always has a risk, safe is not possible but if you have a strategy can make possible it certainly can. Crypto legit investment depends on how you manage your investment, and how you make a profit from it.
My advice is not to trust the platform that seems like hyip.

Crypto.com previously Monaco is very attractive project since they offer passive income, about 8-9% interest per year.
But they promised many things in the past about cards and they become slightly untrustworthy.

I have been getting my CRO airdrop and this platform can be trusted. I just locked some MCO when it was touching the bottom price and this time it was growing more than 5x.
I can say this one is much better rather than another similar platform like tenx and tenx was scammed me.
But CRPT will come as the new competitor for crypto(dot)com

Although crypto com is legal, I can’t call it safe. You need to conduct your own research, but I think it is better to just not participate in this.

Hmm, I'm not familiar with it, but the first thing I would like to do is to investigate it. Although there are some members who says it is legit, I will still do my due diligence here so that I won't make any regrets at the end, in my opinion.

Yes it was monaco before now acquired by crypto.com, I don't know the whole story behind the change of name but that's it!
8% annually is realistic unlike those who promises two digits of return per month. If you want to invest, invest only the money you can afford to lose.

Yes, this is a very good coin for investment! I think crypto.com is another ChainLink coin, which will come in everyone's favorite list very soon. Through one news, ChainLink grown incredibly well, it's rank is top 15 now! I am a regular crypto.com twitter handle follower, and by seeing their continuous collaboration and updates, I can endure you this coun is legit and it will be another top 20 coins very soon!

Such garbage post and don't say anything if you are never ever tried to use its service, i have used it and the team was paying what they have promised and that's legit.
what have you written is such a garbage post. You have never used it and tried to create a review about that? That's a joke

Bitconnect is another ponzi scheme, end of disccussion.

Of course you need to DYOR. You can't simply believe with people who say this token is legit and then you buy with without any knowledge about this token

If you already sure you will invest in legit token, why don't all in your money on there?

Of course, it is. Have a look at their developments, partnerships. All are big and this coin's rank is also very high! They have listed on some major exchanges. BI think crypto.com coin is a very good choice for investment.

As far as I know this was formerly Monaco if I am not mistaken, I remembered the time when it was in the stage of the campaign it was nice and most of their investors who invested got profit, also their bounty hunters who participated in it. But I wondered why they did change their name of the coins. Because if it is really legit or safe they won't change it. So, if they give promise 8% in return it is obviously a part of their plan to hype the investors to deposit to their coins, you better be careful in this one dude.

I would say, this is the best post on here.

Lol you should read what Endikadija's post above, the one who already invested on crypto.com and get 8% annualy return as they promised

can be legit can be dangerous, because crypto fluctuations that are so extreme can make our investment fall, or increase many times over. here we play timing the right time to buy and sell, analysis is very important here.

I have Monaco since the beginning. It has appreciated in prices nicely and the weekly interest of 4-8 is a great addition. Also Monaco as a Visa is well accepted. In fact I have replace my existing Visa to Monaco

I'm not sure about technicals or how MCO performed last bull run, but our team did some research found some not so very good things about the recently launched crypto.com chain - https://www.techmerge.io/2019/07/15/crypto-com-chain-cro-the-coin-that-popped-in-top-20-out-of-nowhere/ (https://www.techmerge.io/2019/07/15/crypto-com-chain-cro-the-coin-that-popped-in-top-20-out-of-nowhere/)

Could be wrong about some of the details, but for the most part, it looks really shady

Any ideas why Crypto.com token (MCO) is steadily falling in terms of BTC price? Is it simply the result of overall altcoin off-season and Bitcoin dominance going higher and higher?
Or there are some other reasons? Maybe just people impatient about Visa card which is still available only in the USA and Singapore so they are selling their investment in order to stop-loss against Bitcoin.
P.S.
Observing MCO price of 0.000308 BTC @Binance

This aged well :D Price above was very close to absolute bottom 0.000293
Observing MCO price 0.000593 BTC @Binance

EU cards are announced and when they start arriving at people's homes, I think this number can double.

It's pretty interesting how heated some of the discussion went down here. I do wonder if the same people who threw flak on this project and other custodial service change their tune or they think it still is a big load of rubbish. I do love to hear their thoughts about this in 2020. This is genuine curiosity. I just would love to learn the mindset of the skeptics of these projects, whether they be Crtpyo, BlockFi or Celsius. Is every project that comes out of the DeFi space like Bitconnect or a scam? Then there sure are so many people in the crypto space being deceived by such projects.

Could have gone either way. Luckily it didn't turn out to be a scam. Although one can wear a tinfoil hat and argue that the people who are lent our cryptos from such service help manipulate the market (in their own selfish way) but that's a discussion for another day. I think the naysayers are still fresh from the BitConnect exit scam and so they are generally pessimistic about the DeFi space. It's not wrong though. It's a conservative approach. Hodl and save it on some offline wallet and reap it later. Their crypto, their rules. Although I do also recognize that some would want to make their crypto work for them by trusting on these DeFi (well they aren't really completely DeFi, more like custodial services, but I think that's good at least we have people to hold accountable for) platforms.

At the moment, the majority of cryptocurrency lending platforms are offering the same lending rates, to you can choose the one you trust the most. I think all of them are legit.

Hope the 8% is annually? If it's not then be expecting an exit scam when investors least expected, to me 8% is achievable annually just like many legit proof of stake coins out there

I came by this project for the first time when they are doing some giveaway. Thousands of dollars where given away to lucky participants. At first I doubt their credibility to pay chosen participants. But I was wrong. Hence, I think it's a credible platform with good reputation in my own opinion though. You can always do your own research.

It's better to do your own research about the platform you want to ride or invest for better understanding. Comparing some opinions and information from others might be useful for reference purposes but for me, it is better to give any decision base on your own findings. so that if things go wrong at least you'll be the one to blame and not on others. well, 8% interest is not that big to compromise, but that was only my opinion.

Just seen their token on CMC and it's about 18 position in the market, some of my friends won some of their give away on twitter. I will take a critical look at the project and its operations.

Crypto.com have been around for a while, I never thought it can even come this far and now it's one of the high ranked projects on Coinmarketcap, I don't know about NEXO and Celsius but if the offer is too good then it's red alert, be careful

I can't say legit but because this project has been around since 2017 only at that time the name was Monaco and because of the consistency of updates they finally rebranding them to Crypto.com and so far nothing is strange about that it's just for their credit card products not all countries support even though the cashback program and offering benefits from the card are attractive.

Yes I know about Crypto.com, and I have once checked out their site. They have a good rating on Google Playstore, 4.2 star rating. When you said 8% is big lol, that’s not true, 8% is like a normal rate you will find in most investments. They pay you 8% on the assets you have stored in your wallet.

From what I have seen, it seems they are very legit, their wallet app has up to 1 million downloads. They also offer their users a Visa metal card that can use for purchase around the globe and get a 5% cashbacks on every purchase they make. That’s really cool, but I have BitPay now already.

Analysis is important not only in the cryptocurrency market but also in any other investment because even in the real sector people are now losing a lot of money. businesses are dying and people who invested money in them just lose money.

I don't think there is an investment that can guarantee the security of all investments. They will definitely have a time when they will collapse and will give losses to many people who invest there, so you should be careful when you want to invest in any form.

Every investment comes with its own risks and that's the truth of it, no matter how attractive the benefits are, always ensure to make your research about the project. Crypto.com used to be known as Monaco and it has been around for some time and still active, with a decent volume and occupying a position on the top 100 on coinmarketcap at least shows the project is legit. Nevertheless, if you want to invest, make sure to carryout your due diligence to know if it suits you, and lastly it's listed on top exchanges.

Lol, I don’t see the difference between what Celsius gives to their customers and what Crypto.com is offering. And fyi crypto.com is a legit platform, they have been around for a long time. When you hold your cryptocurrency in their wallet you will receive 8% annual interest, while in Celsius they offer you 7.5% annual interest weekly. Lol what’s the difference? You can make use of anyone you want, they are all very good. Crypto.com offers more interesting features than other two you have mentioned.

When you get their Visa card, you can shop and get back 5% on every purchase you make. The only thing I don’t like is that their app is having some bugs; I’m referring to Android, don’t know about iOS.

Crypto.com wants to replace traditional banks, but they aren't even close to their level. Hell, not even on Coinbase levels. Crypto.com keeps fiat currency of customers in custodian bank accounts that are secured and regulated. If you are a US resident, your USD balances are covered by FDIC insurance, up to US$250,000.
crypto.com is open for all to see and the owner have integrity then it should be a good investment platform. MCO is nothing like Bitconnect. NEXO, Celsius and Crypto.com all are providing a feasible interest on the deposit of users.

I have agreed with all of your opinions above. I have already used crypto.com's card and i never encounter a serious problem. The team is also very active and the development progress if so good.
This one is a legit investment but what makes me feel so bad why MCO is not so good on its performance as crypto.com tokens although both have been issued by the same companies.

Of course it's very feasible, look at CRO has a position in the top 15 Coinmercap, for me CRO is a big project, you can invest there, but remember, investing in crypto currencies has a high risk, considering that prices are very volatile  ;)

First of all thinking invest is always risky so this is your own risk even after that we can't say 100% legal and safe. By the way this is old names 'Monaco' am i right? I think i know something about this project and so you can invest right now with your own risk. Although the team activity very well so wish luck and wait patiently profits chance.

Yes, ofcourse crypto. Com is  legit & safe.becaue crypto is believable currency. In the past lot of investors get good earnings. So its place in the heart
of  people .l think so.

I think this project was launched long ago perhaps in 2016-17, even then it has good community and hype and its price soared, it was introduced with the name of Monaco but then the team rebranded to crypto.com and also new tokens were introduced, uptill now i rate ot as good project and they are legit but always calculate your risks before investing because online world is full of shocks and you never know when any project closes.

I think the best way to know how legit a project is, it's by checking the project to know how far it has grown then comparing when the project was launched to its current state to know the changes if good or bad. Also, checking the team to know how active they are will also help in knowing more about the project. Now talking about this project, crypto.com, it is legit when considering when it was launched, how far it has grown and what has been achieved. The team are active and ever ready to work which of course has been seen on the growth of the platform.

As long as the market is still in the redzone and it's always the best time to invest. Crypto.com is a legit project and i remember there was a big even last day that when you bought $100 worth of crypto.com through debit card and you will get a bonus from there.

in my opinion all investments are not safe, all have risks so you have to take that risk if you want to invest and I haven't used crypto.com for investment so I haven't been able to give an opinion on whether it's safe or not

Yes! You're right! Even crypto.com is a legit project, it's not completely safe! There's nothing as "safe" in this cryptocurrency market! Always manage your risk before you investing in any projects! That's how you reduce the risk and increase the chance!

All investment has a risk factor,,, just look at the S&P, Dow Jones and NASDAQ currently,,,, looks like the biggest ponzi scam ever with all the QE and trillions of dollars being printed to float the rich.

Always do your own research and due diligence,, but I know I am willing to lose what i have invested in Crypto.com should it turn sour.

Staked 50 MCO, waiting on the Ruby credit card to be delivered, took advantage of the ENJ syndicate program currently open and lets see how CRO coin weathers through the next 6 months of this global economic crisis.

Hope i can read this post in 6 months with a smile,,,, good luck and good health to everyone.

*thread subbed*

Yeah, that's right.
Before we enter this crypto space, surely we already know the future risks when entering crypto. Cannot avoid all existing investment risks. Except reduce the risk. So from that we need risk management, to minimize the risk of investment that we do.

The project is definitely legit and their crypto earn works. I used their platform to stake MCO coin for one month term on maturity I received my extra MCOs without any problem.

LOL! You guys may be misunderstood OP's question. He asked about the legitimation and the accuracy of crypto.com, not the guarantee for his investment. For OP: Yes, crypto.com is definitely accurate, legit, and safe "TO INVEST".

Crypto.com is a legit platform and CRO is a legit token, I've used this platform several times in the past, you are free to proceed though there is not such thing as 'safe' in crypto space, some platforms re safe today and they get compromised the next day, play safe.

So far so good.

But with ALL Crypto coins/projects, treat them with extreme caution.   Know your profit target, take the money and run once it is hit and never look back.

Safe to say Crypto is No.1 target for hackers around the world, so nothing is safe.

From personal experience, (I use it around 6 months in EU), everything works correct. Stacking, earning (up to 20% p.a.), cashback rewards (up to 5%), exchange and syndicate actions (possibility to buy some coins with -50%). For card owners they also have free Netflix, Airport lounge etc...
Even during WIRECARD affair (the issuer of VISA for EU), when cards were blocked, they refund all balance from card in 12 hours until cards start to work again.
They have two legit coins CRO (11th place of all coins) and MCO

What We can say about future:
I really want to believe that this project will be live for a long time. But there is also some doubts, is this possible system for long term. Why?
For example, CRO coin mostly used for stacking on exchange. If You stack at least 10000 CROs on exchange (180 days), You got 20% interest P.A. This is also mandatory for Syndicate actions, and better interest for stacking another coins.
So, while We have a lot of interest for this project system will work...otherwise coin will drop.
MCO coins they use mostly to pay cashback and earnings. You need to stack 50, 500, 5000 or more coins to get cashback VISA cards (2%,3%,4%...). We can not predict the value of this coin, everything depends how many new users We will se here.

I used to see ad of crypto.com coin popping up whenever I read something related to cryptocurrency. I never considered it and given importance, and recently on checking the price details of bitcoin and other top listed altcoins on coinmarketcap I found crypto.com coin on the top order. Further I went through the details and found it to be long term in the market with other name. This means it is legit and safe from my personal view.

Do not trust anyone here to hold your money and promise to double it in the future. As there were many traps fall for it believing espcially in the ICO. Lesser chances that you can get a good project. Nonetheless most of it are scam or will just good at first showing updates that they had done really good in times of promotion but after that modes will change and eventually will say that project failed. Some of them will say that they will do a refund but since they had made already expenses and they will be having hard time to return your money until such time you forget about it because you have nothing to do and you do not them or meet them personally. Maybe they are imposter and are using other identity.

I have seen crypto.com promoted in a lot of places, and now it has risen to the top 11 at coinmarketcap. Obviously this is a great investment in this market. But there is always risk there because this market is not easy for you to make a profit

I see many legit companies coming into crypto space with legit business. If you are investing in such sure your money will be safe. However, people going rogue in any business is possible. So, have an open mind

It's at the same level with binance as crypto.com offered various benefits for the users. It has also provided a very good thing to the holders. This is a legit investment that can be taken by anyone right now. People must not feel doubt about this.

Crypto.com is well known for the many events they make and it certainly makes us want to follow because of its huge rewards.
Different from exchange platforms like this that can provide crazy rewards. I admit that this crypto.com is a master at giving events to its members and it's legit.

I have also seen this because of their ads, and that is when I know that this is the previous MCO. MCO is a project that was also launched in this forum, it was a success and many actually supported the project. This may be a legit project but you should conduct more research and do not invest so easily.

They are legit as long as their deal doesn't look too good to be true. You should stay away as far as possible from any project that promises you a very high ROI without any good reason or explanation of how they able to do it. Investments that look too good usually carry a lot of risks as well. See each crypto.com's investment as each individual and act around it accordingly.

They achieved goals like developing a working card after a few delays, but they delivered the promised solution. Who knows how they plan the future of the project. But they push their project ahead almost every week, syndicate offers and other cool deals.

Yes, Crypto.com is geniue just make sure you are not visiting a phishing website. The issue with all these investment is that I do not buy into it, why do I need to invest my BTC with you when most of the Altcoins now can give more than 10% profit per day, people need to weigh the risk to reward and decide if it worth it but not for me

Recently, this project caught my attention and my plans to invest in this project in the long term started. Also, when I made a short research before the investment about the project, I realized that the following is a project that is taking firm steps towards being the only successful service offering cryptocurrencies and debit cards. On the other hand, after making a long-term MCO investment, I plan to benefit from the many advantages and services they have provided by applying for a debit card. I do not have full detailed information about the project yet, but in order to invest in this project, I will do more research and share the information I have obtained with you from here.

Needless to say, Crypto.com is one of the favorite projects that I like, it has been proven that the CRO's bullish trend never stops,
look at the chart and CRO prices always go up, successful investment is in the CRO

The value of CRO coin (token) will depend of Crypto.com work and actions (syndicate, staking benefits etc...). Only a 18% of tokens were issued for now...We have to monitor the volume.
Speaking about volume, MCO (another token of Crypto.com) have 33% volume drop in last week.

It is a genuine project, In Fact, I have an account there I have been staking some MCO. They have two tokens, MCO and CRO. MCO are listed on binance. I also won their bitcoin giveaway on twitter amounting $100. Their VISA cards has a lot of users especially on europe you can find some proof on twitter, and their cashback program is very generous. This platform has a lot of potential I think their users will grow in the coming years.

Especially the last few months there is some activity, promo for community, trading contests, etc., the exchange is worthy of trust no less than others.

I believe that investments in cryptocurrency are the most promising in our time. And if there is such an opportunity, when you can get good profit from the cryptocurrency. Then you should take advantage of this unique opportunity to increase your capital.

I think crypto.com is legit, they have been doing wonderfully well since they launched the platform, they have done many contest both on exchange and on Twitter, they did many giveaway worth of reasonable amount of dollars, so I believe the platform is legit and is worth investing in.

It's a risk that you needed to review and make a deep research, knowing that there's always opportunities when you do your good research.


Keep in mind that it's your money, and every step that you'll going to take will directly reflect to your investment, Be very careful in doing
any decision make sure you understand fully.

Safe is a strong word.

Let's start with reasonably safe instead.

In investment, there is always risk and reward. For most financial instruments, the risk is usually limited since the companies that offer them are frequently bound by certain rules and regulations that govern how they need to act and the precauations they need to put in place to protect user funds.

Most crypto companies are not bound by these rules, so they're really just operating based on reputation rather than culpability.

I don't believe crypto.com is a scam or anything, but it's certainly not bulletproof. Don't go investing your life savings on it.

I personally better avoid such things, legitimate or not better to trade and not rely on anyone in crypto, with the experience it is not impossible we can get more than what has been promised by them. the most important of all is that you are betting your money is not someone else's money, so why not believe in yourself.

cannot be ascertained whether it is good or not, because the marketcap does not guarantee that a project will last for a long time.
for now it might look good but have to do some research to invest long term.

If the website is from a long time and is still in business then google it and search for review and investors views you will get you to answer as if they have scammed someone surely you will get its arguments and if it is legit you will also get the positive comments from the investors.

market cap always have nothing to do with whether a project is safe or not, even market cap doesnt really represent the money circulating its just simple math total circulating coin times the price. I think too that it's better to check them out directly instead of thinking too deep about something that have no certainty.

Just visit CMC and that's more than enough to see the reputation of this project, it looks like you didn't know about this project. This is a legit project that has already entered into the top CMC.
It has proven how good the reputation of crypto.com

Indeed better be safe still with your funds and never stored huge amount in a exchange like this. Though crypto.com attracts users since they have also giveaways on their social media page. Remember when you invest or give trust to a certain exchange there is a huge risk of your money. Also do not rely on others it is best to do on our own ways to research.

Investment in crypto is indeed very promising. But it must also be remembered that investing in crypto has a great risk. If you don't want to lose money in crypto investment. Then don't dare to do it. The most important thing is to really choose a good project to invest in crypto. So that's why using investment in crypto on potential projects is a good thing.

The amount is bit higher even if it is rewarded for per year basis but this is not how we can make money with cryptos.Its just a way of multiplying them if you have some excess cryptos sleeping in your wallet for years.But if you wants to multiply your small capital into big one then you should go with trading which is most effective in short term.

I don't know what kind of platform crypto.com is, but it kinda does sound a bit unsafe. I have never heard of it. If they are saying they invest your investment on mining, then please stay away from them. Get to know what they do with your money and how are they going to give you back your money with your profit. What are the guarantee that they will be able to give your profit every month? and will they be distributing the profit every year? Though every month 8% profit sounds too good to be true and I wouldn't be anywhere near them with  my money. Wouldn't be surprised if it is a ponzie scheme or anything like that.

I believe crypto.com is a good project, they really take care of the project well. This project also often creates events with large prizes, they also give a large discount on their new features.

Any investment website which promises% profit based on your deposit of course that is ponzi website. No website with ponzi system will survive. So stay away from any website like that. The best and safe way to invest in crypto is hold it in wallet which we keep the private key. And remember crypto not make you quickly rich, so any website offers something like that is a scam

It's not only the project was really active in the development progress but as you can see that the community is also very active to give support and this company is always creating a very interesting event like sell bitcoin with a huge discount.

Crypto.com is a major coin right now and I hope that largo coin will be following the progress that has already made by crypto.com.

I think the place for cryptocurrency investments right now is that they cannot profit anymore, even today many are scams and you should be careful because what you invest is very valuable money when conditions like this are difficult to get more money.

YOu may wrong about this dude, this was discussing about the reputation of the crypto.com and you can try to verify it on CMC whether it's a legit coin or not. I could say that this is a legit coin that can be bought by anyone. This coin has already entered into top coins in CMC too.

Crypto.com is very aggressive with its marketing, they constantly pumping millions of dollars to marketing with their syndicate program, but I am afraid that one day this promotion will be stopped and investors will realize the true value of CRO tokens.  ::) The market capitalization is close to Binance coin, that is absolutely nonsense.

At least they definitely want to bypass the Binance, they constantly come up with something for their token, always some events on the exchange.

Crypto.com coin has a steady growth. I made some good profit here. It's worth staking this coin but I would expect it to drop once the first investors are done stacking for 6 months or may it will still go up after their fork.

They have came up with an offer of zero fees for certain time frame. As I remember, just like NEXO and Celcisus, they have third party custodian insurance of upto $360M which they claims to be largest among crypto business. $100M of which from hardware wallet Ledger's company. They used to be an investment platform but with so much liquidity, they have now ventured into exchange business as well.

Well, hard to say, what is happening behind the team´s behavior. They try to hype CRO token with never-ending syndicate offers, but the question is who would sponsor these events and why? For me, it is a very fishy activity on how to make coin valuable.