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Did you hear about IronX and WPP? Both came in 2018, and both raised good money from ICO! From February 2019 to now, in IRONX telegram group 2-3 admins are active, if you ask about any update, they will reply to you "Our Technical team is working behind the scenes, very soon you will get an announcement"

Then I left their telegram group in March 2019, then a few days ago I was remembering all projects of 2019 then I joined IRONX telegram group again to see the latest update, you know what, admins are still active and giving the same answers what they copied year ago!

I don't know how many days I will remain mad after seeing this (Sarcasm)

Now, about WPP! Admins are very active for nothing. They raised 59 Million USD, just listed on Digifinex exchange and that's it, their coin value became worst, trading volume less than 1K USD! Whenever you ask to update, they will reply to you with shitty information, if you ask them back, they will ban you!

I think I've seen those projects having bounties. I've noticed them because of the signature campaign that they have and some members were wearing it so that's the only thing that I can remember about them.

This is an issue regarding these projects that held bounty on the forum and some other bounty hunting platforms, when it's about listing, they always doesn't satisfy their participants.

I only know or heard about WPP just see on icobench that's true 59Million USD they collect from ICO.
I will leave their group telegram because staying there is very annoying, I do that in some ICO's tokens where I invest.
If you believe that there will be a change in their project then stay there, because sometimes a project takes longer to develop and launch their working product.

Don't compare Ironx with wpp because unlike ironx, wpp actually raise money during their sale, at least till now they always make it necessary to push the project development forward, update the community about their progress thus far, same can not be said with ironx who have shamelessly abscond and left people hanging without any explanation, their pathetic exchange is nothing but a charade.
Ironx is a big fraud, they lie about the money they raise, it shouldn't be compared to wpp energy between this are not the only 2 project that came out in 2018, many are long gone ::)

In fact, there are many projects like that, friend. however, IRX still has prices in forkdelta, and WPP can still be sold. because of the many projects like that in the past, eventually, it had an effect on the ICO. in fact, I know of some projects that don't even have a market, or even disappear with their own telegrams.

The common point of both projects is that the projects make investors feel that the project is very good, they both announced raising tens of millions of dollars, but after the capital raising period, both projects became bad. I think you both lied about the money raised

Seeing both tokens on coinmarket and I just got WPP token in my search and just suprised that the WPP token only have 0.000083$ on coinmarketcap, I can say anything if we see how they got a lot of fund from bounty campaign and in another places. And I also saw in 2018 ago the WPP token had launched the bounty program which managered by wapinter if I'm not mistaken. But for IronX I got nothing for this coin because my benchmark is coinmarketcap, I will be useless if I looking for some token that haven't listed on coinmarketcap because I'm sure that the token hasn't listed on the any exchange.

Yes, they had bounty and I was a participant of them. The sad part is IRONX and WPP both projects raised huge money, like WPP collected 59 Million USD and IRONX 25 million USD, what they did with that huge money? No exchange listing, no good update, developments and when you ask they are saying to wait, when people are waiting since January 2019! To me, they are scam project but people are not talking about their scam nature.   

You may search IRONX bounty in google, you will find all the details you need, IRONX itself an exchange, they haven't listed in any external exchange, lol! IRONX bounty was running by btcltcdigger and you are right WPP was managed by the Wapinter. Bounty manager has nothing to do here because hunters got their payment. My point is different, after raising that high amount they are scamming in a clever way! No update,  no new exchange but admins are replying you!

I am also reminded of the eCoinomic project they have managed to get funding from ICO sales of $ 47 million and they were only able to put their tokens on the yobit exchange and after that only a few moments could be traded then the tokens became bad because there were no applicants and the admin said they would was immediately listed on the Bittrex exchange and it was just nonsense until now this project was dead and had carried off the money.

Now that the team is still less professional they are only tempted by throwing away not thinking about the future with their own projects.
Then it's even harder for investors to trust.

And i doubt it will ever be listed in any exchange since those people are constantly lying to themselves and pretending as if they are doing anything to save the project, ironx claims their token (irx) will be traded on their exchange alone with a fixed price, they refuse to allow free trading of irx token or market to determine its original price, even ironx exchange has no single volume, i think the team already flee the scene lon time ago.

I think thats the reality of the most cryptocurrency project, But luckily WPP project is alive until now. if we compare to other projects that were launch in 2018 most of them are gone with the wind including the investor's money. thats, why to protect our interest everyone, should observe vigilance against any fraudulent project in the crypto industry.

Yes, you are absolutely right. WPP project had a chance to come back, but that CCO Troy guy is nothing but a shit dishonest man who keeps banning people if they ask questions. They acted like they are better than Ethereum where all the investors left this shit project that's why their trading volume such zero! All of their promise was lie, and about IRONX project, they said they are Cardano and Emergo project where they are pure scam. As you know scammers are smart enough so they hire some guys to moderate the telegram channel so people can't tell them scam project!

They aren't the only project that has been like that,
There are so many other project that manage to raise some money on their ICO but still couldn't move onto their plan according to their white paper or initial plan.
Theyjust choose to get the money and forget all of the investors a common ICO scam that has killed the ICO era.

Judging by how the OP made this post, he sounded like a disgruntled bounty hunter who is only interested in the increase in price or in having a new exchange. Am I wrong? I can assume that the updates you're asking were 'when moon?', 'when new exchange?' types of questions. Any decent admin wouldn't give you a specific answer since those information are outside of their control.

If you're sincere about the project's development, you should have seen this https://medium.com/@wppcoin/wpp-marine-and-product-rollut-update-74ecb72511ea

After seeing your thread I joined in Wpp energy telegram group. It seems they saw your thread and published an article already, lol! I like their new update, if their plan goes well then I think that will impact highly in WPP price. They don't care about the coin price, which is really a sad part! You may have a look from here, https://t.me/WPPEnergy/74265

Probably you are just wasting your time by following them in telegram groups. It is not a big task to answer you in telegram whenever you will be hitting them. It is just a matter of on the go task for them and I believe they keep on doing this for decades too.

When an ICO was able to rise 59 millions, why it was listed into s less-known exchange? I believe they might have told a fake number for raised funds itself.

Not just you, many people including myself have been holding lots of coins/tokens bought from ICOs and won from bounties and they are valuing almost zero or got delisted from exchanges. Fortunately I'm not following any of them in any social media but I do check time to time for exchange listing and price levels. Still, I am also must have been wasting my time :(.

Lol, i've noticed this topic and before opening it i had a feeling that it would be about WPP. These guys don't care about the price of the token, they said it many times in telegram group, they're focused on the development, though no one has yet seen evidence of their work, no real photos, just some computer graphic pictures, as well as where $59 millions have been spent. At the end of 2019, approximately 200 millions tokens were sent to Digifinex and then dumped the price by 5-7 times, obviously it was the investors who lost faith in the project or WPP team, however Troy said it was just a "parasite".

Is it possible that this projects faked the announced fund collection?  I have seen several projects do this kind of stuff just to make an impact when their token is listed on the exchange.   ICOs, where the fund collection is being escrowed, is far more transparent than those who announced their collection on their website.  


This is just drawing and no real photo is taken of their project.  I think WPP is fooling its community about their announcement.  Check this video on their facebook channel : https://www.facebook.com/WPPEnergyGmbH/videos/437990830259231/?t=18

See the difference on the model in the opening of the video and the actual footage of the machine?  

https://i.imgur.com/zz4Vun1.png https://i.imgur.com/sfuhEtS.jpg

Maybe you will get a hint on that screenshot on how WPP works.

There are tons of projects out there which raised insane amount of money and they didn't provide anything. And the price went down day by day. There is nothing new.

I heard about WPP and all its hype, funny they are no way closer to what they promised. To be frank, these projects aren't the only one behaving like this, they are in fact many; if they didn't raise any fund why claiming to? And if they did raise funds why not show proof of development? There have been many projects with that same line of "working on their projects" yet for months nothing to show for it, for such projects I consider them dead and distant myself from it since i won't get any vital information from them when i ask.

I only know about WPP, they seemed very promising, and last time I've heard they were linking their token to hydrogen prices, and that would have been interesting... but I feel they have put crypto in second place and focused on selling those prototypes of theirs...
price has dropped and there are no news that I know of

There were dozens of such projects 2018 and 2019 have proven to be a nightmare for both ico investors and bounty hunters, almost all mining based projects have either closed or failed, the biggest one was envion, then securix, scavo, swiss alps mining etc the list is long. In exchange based projects cobinhood has closed and their token has no value, ironx, bcnex and many other new ones also seem to have no direction, similarly many trading and investment based projects have also closed or failed like target coin, fox trading, countinghousefund, sift, taas has exited in a friendly way refunding all assets to investors. The list has been very long where investors and community has lost huge money and time in these failed projects.

There is nothing strange about their behaviour. I still remember those two project very well. I think they are few of those projects that were able to raise some money compare to some other projects. The truth is that many of them are running out of idea because they could not predict what will happen at any time. A lot of project have even resulted into using bot to answer question because people ask them same question above. At list they listed the coin on exchange. There is this project called buzzshow. The admin will always be active and she has been saying the same thing for the past 3 years now.

I some how participated to the WPP bounty campaign but was given a little payment which I kept till date, I begin to wonder if actually these individuals have conscience. You get investors money and invest with them, later abandoned the project. I stand in the opinion that, let them fund the projects before investors can now come onto the project. They have treated us badly and should be more careful. My tokens are still there because they are neutrally zero tokens.  

Sadly but true that was the nature of most projects right before these ones, they will cause the hype get the funds and then take investors for granted with ridiculous replies when asked for the progress of the platform. I feel they see it as the best way to exit scam because by giving a particular reply over and over again, members will lose Interest and forget about them and gradually the telegram group would be deleted. In addition, many of these projects are moved by hype and once the public sale ends, the team might delay listing and comes up with that annoying reply; and if the team manages to list on any exchange the true nature will gradually surface which always results to negligence. 

Regarding the first project, as far as I know, they have their own exchange on which the coin is hardly traded, or rather not traded at all.
As for the second runway project, as far as I know, investors sold their shares on the above exchange in the first two weeks of the start of trading (of course, not all).
I doubt that the data on 59,000,000 is correct.

many CEO from a project like that, they only think about how to get profit from various ways while they will not think about the price of the coin while they should be able to have expensive prices then have to get support from developers, maybe they consider the movement of coin prices at the exchange can have their own prices so they do not want to support the movement of the price of the coin at the exchange place.

Some projects IEO or sale status are fake I am not saying these two are fake but there is a project like that claiming that they raised a high amount like 59 Million Dollars and will reach hardcap soon like for an instance to encourage some investors to jump and invest in their project. They want to create FOMO and hype But after that, they dump their own coin/token and FUDs comes, This scenario happens frequently. In fact, I know a lot of projects like this one.

I feel you bro, I know the struggle of having an almost valueless token. I also got an alt before (2 years have passed when I bought it as far as I remember) and now it's still in my wallet. But the funny thing here is I already forgot the password of it due to loss of interest on that particular coin. I realized that it will not bring me some good money afterall so why I would waste my time looking forward to it ;D. If I were you, just dump your token already so that you cut your loss at least and never ever invest to an ICO again (just a friendly advice tho).

Clone projects would never succeed for sure and that is how these coins suffered from no value or even get listed to any exchanges. This is not the only time that it happens to the market, in fact, these schemes already exist years before. And it is clear to us that we have to see its review before investing any project/s especially when it is new. We don't get tempted of their promises and guaranteeing huge rewards coz it many times that it has been broken and besides, they give nothing but a zero value token which we can't benefit from this.

A lot of ICOs from that period of time were not legitimate projects or didn't have teams with the right experience to pull it off so the value of these assets depreciated and may never recover unless they complete the roadmap and achieve adoption

This mean is not to spoil something of suprise. Ive been with projects like this and usually this will be a common response to all inquiry. So what does this really mean? Its same thing as your thinking. It's avoiding more question regarding update cause definitely they cant get you what you want and anything that will dissapoint you. That's how admin works. Will give you excitement cause never answering means there is something up their sleeve as people can wait or hope. Too bad thats how will be the answer after few months and you should get the omen of it as a hunter.


This is the thing you should avoid. Keeping off bounty tokens and wait for it to pump. Upon receiving you already should consider monetizing it as price still worth it cause if you wait that will be the result and see? What happened. Price drop right? Conscience? All they take is money leave when its done.

I followed WPP from the beginning, they promised the WPP token would be a stable token but to this day there is no further step. Many of their promises to investors, but this project seems slow. Large funds that they can seem to not be set aside for the cost of listing on large exchanges

That's their new ways now, after they have gotten what they want they will change totally and starts giving useless excuses or replies to important questions. Truly they need not to reply they are working on their projects by mare words, they need to reply with proof that they are working. Another thing about these types of projects is that, the type of hype they generate is always much which of course will lead to them getting what they want. I heard about WPP and it's disheartening it turned this way and nothing can be done about it as the team has done what they want.

I just got banned from WPP because i have asked about the latest progress from the development of WPP. The admin is still very active caused by it must be done by the scammer to make sure if there will be no the victime ( i meant investors) that will be taking legal suit against the team. So many scam projects were doing the same thing too. If someone able to create a report and that will very appreciated to prove how capable the team to use such a huge amount of money.

many such projects have experienced price reductions, or even no longer exist.
I have seen many projects like this in 2017, many of them dropped above 95% and some have been scam / not traded on any market.
That mean the project is not good for longterm, or there is a better project come to replace it.

Many projects fell into the same fate. Many of their bounty hunters hoped for the best because they had promoted it but nothing happened at the very least of their efforts.

I guess the best thing to do right now is to move on and think of it as a lesson and use that experience to avoid alike projects in the future. We can't do anything regarding that problem since the money is with the developers. We are all feeling more pity with the investors that put huge amount to these projects.

this kind of projects occur while cryptocurrency in gold moment. people trying to earn money as fast as and as much as they can, although by creating fake projects. we saw it on early 2017 till now on , many project failed in market or even they scammed us and investors. but from this accident , investor now be smarter than before . they understand how to avoid loss from new projects or IEO. and slowly market confident back again .

   Strunberg you are right, some of these projects appeared in 2017, when we had huge hype around entire crypto-market. Some coins went
high, people had money to invest and they did that. Many projects from that time failed, or become a scam along the way. We can't do much
about it, except to avoid those projects that looks fishy. Market confident will be hard to get back, still we have many scam projects, projects
with cartoon characters, what we need is more education, and newbies should learn more before they invest in some new project.

I see only Troy and Adam admins are active there. Their group members were about 20K and now it's 10K something. I think other 10K member they removed by banning. You can't raise a question about their progress. I was glad by seeing a recent update, but still, I got ban because I raised a question. As admins are still active and their face is visible so someone should go forward and take legal action against those shit scammers!

When the project couldn't follow up to their original road map I wouldn't really have some high hopes on them.
I have seen so many projects and most of the time the project that really wants to continue would pursue their road map no matter what,
But if they've failed to do so then I would give them a week or a month if they couldn't still keep up then don't expect anything from them,

It is indeed ridiculous that a project which raised such amount of money can't even offer anything till now nor have a good trading volume, which shows that the team played everyone through hype and have taken their leave because they have gotten what they wanted. There are many projects working on their ideas and yet are active in the community as well as listed on good exchanges with good volume why will this be different if they aren't after their pockets. It's better to move on because it is clear they have nothing to give to the community, to the crypto space nor the world at large.

Admins from that group can't simply ban you because you asked for the development news. And it they are doing so that means that they are nothing more than a scam project who is keeping their investors into fake faith about the development of the project.

Perhaps these projects might have a mentality that majority of investors might forget that they ever invested into any such projects by delaying the development news for years. These kinds of projects must be exposed to the investors so that they do not go for any such project again. Also some legal action must be taken against the team of these projects and a massive penalty should be charged for misguiding the investors.

There are a lot of shit projects like them. The ICO industry was cherishing in the year 2017 to  2018 and any project which launched at that time were able to collect huge amounts. This projects might also have been collected this huge amount only because of newbies investing into ICO markets in order to gain high profits in the future.

Usually we all know that the profits by investing into ICO sales are usually higher if we invest into a potential project and this also drives a lot of newbie investors to invest into unknown ICO projects. Also, it might even be possible that the team of IronX might be working on a strong update which might even take years to be completed.

there are many more projects in 2018 that end up laughing. it's still better for you to get a listing token. I've experienced worse, 2 projects that I participated in from 2017 to 2018 actually ended scam. firstly, RMOB, which has never distributed, and the manager said that one of the teams ran away with the money. the second is AMBT, even though it's a good project that works on minning, but the developper actually brings money for private minning without thinking about the participants. for AMBT there is already a distribution but it has never been listed to date. I just hope there is a miracle that can change the worst possibility into the best possibility.

That's some of the funny but yet painful things we experience in this space yet someone will wonder when mass adoption will take place when those who are yet to set it in motion are after their own satisfaction. What actually did they developed that took the whole lot of the money and to make it worst the trading volume isn't what to write home about. No updates whatsoever, no proof that they are working in background, no information from team unlike when they were seeking for funds. There are still many projects out there which are yet to list nor provide any tangible thing they have done with the money raised. All these and many more makes me not to blame those who will only but wait for the project to list before they can invest. Nowadays investors are wise, its better they go through IEO or nothing.

For some developers, ICO is a great means of earning money. That is why ICOs are left dead because of this bad impression. A lot of scam ICO or dead ICOs have caused a bad image for new altcoins. I know anlot of project who were able to gather millions of dollars in their crowdfunding stage and still has no working product or development until now.

All this happens because there is no regulation on the crypto market, or rather, it was absent during the ICO boom. Now, nevertheless, we can see how the regulators step on the heels of all who can.
This will not return the huge money that was stolen through all those fraudulent projects that appeared on the market from 2016 to 2019.
hank God the market consists of living people and now it is much more difficult to create fraudulent ICO projects than before.
The technique of creating fraudulent exchanges with their subsequent theft of a huge amount of user funds is still working. That is what we must fight with today.

Thats what you called scam IMO. Projects tend to initiate effort when it comes to fund raising but in terms of technical discussion they become a ghost without any words to utter. I like thr WPP project but they didnt continue to develop what was supposedly they already released few months early before. Well anyway giving off some friendly and concern suggestion dont do ICO anymore.

its surprising they collected millions by 2018-19 when the market during these days aren't simpatico to all. they might just be lying when they said they gathered about $59 Million during their ICO. if they did, they could have listed the token in big exchanges and develop the project as they can demand developers to prioritize since they can pay for them.

I have stopped to be amazed at such behavior of teams or the administration of chats. I have already seen a lot of similar projects and in 95 percent of cases they turned out to be a scam. just don't waste your time on them. hold them in your portfolio and if everything goes well you will be lucky, if not then at least you will save your time and nerves

That's insane, mate. We're talking about millions of USD being held in the pocket of these people. Was a thread made for this project already in the Scam Accusation thread? People need to take action to these immediately before these disappear behind the smoke.  Seeing the same all over again like it is an auto-reply bot is already alarming for me, OP.  In the end, if project seems like  a worth the investing, the devs still have the choice to run with the money that's why history of the team as well as the background of each matters sometimes.

I really don't like admin behavior like that, they are not professional, that is a very reasonable question, because investors need the latest information about the project. If their team is serious about developing their project, quite simply, provide evidence.

I remember WPP. Funny that in the bull market it seemed like ok idea to me and now after this bear market i am looking at it with new eyes and everything in their web page screams scam. How could i be so greedy idiot back then.

I participated in the bounty of the company from IronX, but the second project is not familiar to me. Such situations with projects are not uncommon. I stopped paying attention to it a long time ago. This happens, don't dwell on it.

RIP for the people who believed those projects.That is why investors lose trusts on new projects and every projects which are getting launched recently had collected no funds.Seems this is end of fund raising for new projects and I feel this is right.We have enough cryptos,stop making new one guys.

There are many projects that are much worse than the projects OP talked about, these projects get lower than 1 sat on exchanges they are listed and their volumes are ridiculous, for example BBS Coin and Worktips coin

I think OP mentioned the only known project that was potential before but ended up like this. I did not hear the BBS coin or Worktips coin before, but you may hear about the WPP! Actually, if we spy to find such projects then we will found a larger number of these shit projects than the real project!

I am join WPP bounty and get paid, and after that i can sell it on digifinex with good price, that was legit bounty..

I am not surprised for now when there are many unclear projects and many disadvantages to investors, for 2018 there have indeed been many unclear projects, but for 2017 there are more good projects than those that are not clear

true at that time WPP was very good price and many of my friends got a lot of money from there, maybe that made this thread not sell WPP from bounty results very quickly

There are many projects that reach token sales of more than millions of dollars but performance in the market is detrimental to investors. In addition to the projects mentioned, the BBC or Tradove and Shivom are some projects that have earned millions of dollars but now the marketcap value is very small compared to the achievement of the sale of tokens at the start of ICO

I hate this kind of nonsense and this is what a lot of company has been up to lately. They no longer give attention to their customers/investors and never give them specific replies, rather they just create a particular reply that they will always copy and paste anytime they are being asked a question and to be sincere, this their behavior always drives me crazy and I feel like if I’m given the chance I’d punch their face lol ;D.

If it’s not going to be that they will reply me with the most humanly reply, then I’m better off looking for something else, than always getting the same reply like - ‘our technical team is working behind scenes... And blablabla’.

it seems like projects nowadays are only depending on thier luck  , as a result we got so much crapy projects now and people are also depending on thier luck . they dont have a choice and they cant be picky because what are they going to pick given that most projects now are bad  ?  and also i know the feeling when you see automated replies   . that sucks because we cant complain too much or we cant carefully explain if what are experiencing with them  . automated replies are popular now on almost any websites including on social media sites  . 

I am one of the few or many who thought that ironx will be a total success but after several months of waiting and the team don't even bother to list on other exchanges I knew right then that something is wrong, I wasted a whole lots of time of ironx, block chain and crypto aren't anything new than business of making money, decentralized that feels more like centralized haven

In terms of looking at several projects it is necessary to have a comparison, but we also have to look at the condition of the crypto market every year, as in 2017 where the crypto market has a positive response from investors, so that it is used by scammers in the following year, namely in 2018 and continues to 2019 until now.

The altcoins market would not experience this big fall down if most projects are legit.

What I observe is that after the bull run or when the correction is happening, that's where wee were able to see the real colors of the project that we thought is a legit one,.. that's only one you know, I know a lot and have hold tokens of the project until now.. what can I say? I say.. let's get use to it that is the reality, it's better to choose altcoins that are old but reliable.

Ironx has become really funny to be honest, it looks like they are using bots or auto reply service to manage their telegram channel, for over a year whenever someone ask some basic questions regarding, platform, team or simple updates the reply comes with a scripted line and this is like this for many many months and during this period there has been no progress and there is no official active at any of their official channels so we do not know any human who is responsible for this project.

I used to also think that IronX was a good and prospective project but seeing the development now, I think I was wrong. Not only IronX, there are many projects that are like this and make investors afraid to invest in new projects. I think IEO on large exchangers is a good investment solution

This is really annoying, i am also into some projects which are confusing and there is no clear view that whether they are alive or dead, i mean no development or progress updates are shared for months, real team does not come up and respond, there is no hope since these projects are being run like this for years.

Obviously those are scam projects. I do not understand how they can raise $ 60 million from ICOs, unfortunately for those who have invested in their projects. In 2018 and 2019 I saw hundreds of similar projects, every time we ask a question at telegram, they will answer and provide information soon. It was fun

Perhaps such projects often occur during times when the ICO market becomes difficult. To attract many investors, they will have to create an outer cover or have sold a large amount of TOKEN to create confidence for investors to buy. Please double check before investing in such projects

How could a project with such huge fund raised could theoretically fail? Well they've just got a good catch on the investors, and run with their money. The cycle goes on, sometimes the same team are on but they've got dummy accounts and mange to get people fooled. I only believe in project if they are willing do meet-ups, discussing future plans, aside from that in theses kind of situations where scams are rampant, I'dd rather buy a coin that is already stable and keeping updates to its' users.

With the hype gotten with wpp it so sad to see the price of the token at bottom, sometimes I am tempted to believe they didn't  raise such huge fund as they claimed. The team just abandoned  the project but are just active on telegram respondoing on every question asked just to show they are still on track, that reminds  me of another project since 2018, each time you ask about update, admin will respond with "they are following  roadmap". #invox finance

They are plenty of them that actaully had successful ICO and turned out to be shitty projects. It's like that they had not raised any money to found for their projects which is I think more than enough for all the expenses. I remember joining WPP bounty program handled by Wapinter if I am not mistaken and I thought it was going to do well, but I guess it did not live up to expectation.

Because they do not have any new updates on their project. After the end of the ICO, all members of the project abandoned their project and used investor money for various purposes. The main reason that made me bored with new projects at the moment

There are a lot of scam projects out there now and it is difficult to be able identify the genuine ones. The problem now is even the professionals  in this can not really differentiate the scame from the genuine ones. This as a factor has set a boundary to some people coming into crypto.

Such projects can easily create a fake atmosphere which might motivate the investors to invest into their project and also it is not much difficult to create a fake token sale and show the maximum number of tokens sold already. This is mostly been used even now and there are a lot of projects who are using this technique to scam many investors.

It is our responsibility to check their contract address and check whether they really have collected the funds mentioned by them. If not, than create a thread in scam accusation and save plenty of other investors from investing into such scam projects. We can't stop the emergence of these scam projects but we could bust them each time they show up in the markets.

In many of these projects, the original idea is a very good one. But the problem is with the implementation. There is hardly anything that we can do, if the promoters vanish with all the funds that was collected. Only a few projects agree to use escrow to store the funds. By the time we are able to identify a certain project as a scam, the funds will be lost already. 

I remember exactly such a project as IronX, I won’t be sure about WPP. Of course, all this is very bad, as it once again shows us how deplorable the state of the crypto projects market is and that some of them are created only for the sake of raising money and nothing more. But even worse is the fact that no matter how we study the projects, we will not be able to 100% know what will happen to him in the end. It remains only to act at your own peril and risk.

Most of the times it might get challenging to identify such people with different masks on. There are a lot of scam projects in the markets and most of those have already collected some huge amounts which perhaps motivates others to launch their own scam project. That is what rises the number of scam projects into the crypto space.

It is really sad to see the projects mentioned by OP collecting this huge amounts but yet not showing us any further development and such projects always land up vanishing from the space leaving no trace behind. That is the reason why I invest in minimum newly launched projects and mostly I try to avoid those until and unless I find a attractive project to invest into.

Recently i have also experienced a kind of strange project, i am not questioning its legitimacy but things have not been normal about this project, i am talking about ride node, initially they said token price is 0.05 per ride token then suddenly they said that ieo price on p2pb2b exchange is 5 dollar per ride, and after listing and end of ieo the price is not even 1/10th of even 0.05 and also there is hardly any volume, i hope team will clarify these things and in future each of their step will be more transparent and clear.

There are thousands of such projects out there that raised millions of dollars only to endup listing the tokens on few exchanges amd do away with the raised amount without actually presenting any product worth paying attention to.  When you check https://icodrops.com/category/ended-ico/ (https://icodrops.com/category/ended-ico/) you'll discover that most of this project that raised huge fund doesn't even have active social media channels no more. I must say these guys doing away with investors fund are the factors tainting the whole cryptocurrency sector this bad to the outside perspective

There nothing we can do about if if we're falling on their traps, and the only thing that we can do for now is to move on. Seek for other opportunities in holding promising altcoins which is continuing to be active in the market. It seem so hard to see progress of altcoins but don't give up yet because there's always a perfect time for everything.

the only thing we could do was hope the developers team will do the best to improve their work, especially in creating usefull product that accepted by investors in crypto market. if this not work , as your suggesstion moved to top altcoin will help us to recovered our loss in previous portofolio that very active in market and also improving their roadmap.

The problem is if we can't even get our money back when we have already invested in such a project. The unskillful developer will never create a good product and the problem is how do we know how competence the developer who is creating the project? The only solution to bet on what we can afford to lose and get it easily from the market again.

The presence of the product can be an attraction for investors. ICO and IEO hype are starting to fade and it's time for the team to offer a product instead of offering a whitepaper or roadmap that looks good.

Seems like the admin in the telegram group you were talking about acts like a bot for answering the same phrase whenever you ask for an update. As a bounty hunter, it is really important for us to secure and keep on track with the updates to that whenever sudden changes happen, we can adapt and adjust to be able to get along with any update they will imply. I haven't heard of such projects you have mentioned but it seems to be suspicious that the team is more likely avoiding to give out necessary information you need to know about the project. Bounty hunting does not end up after you have done your job on the promotion because as long as you haven't sold your tokens yet from that certain project, you do still have concern to know what is happening or the progress of the project. So such necessary information must be fully provided by the admin in the group to keep you updated as well as the other members.

That's a bad attitude from an admin and of course from the project. We know that 2019 was a pretty difficult year for bounty hunters, many failed projects, scams, etc. which resulted in a lot of drama in the bounty world. Most of them only give promises without any realization at all, the project stops, and over time the admin disappears one by one, and the telegram group becomes a den of spammers. Well, that's the risk. One of the best ways to overcome that is to move on. Try to busy yourself with analyzing other projects, and I see this year there have been quite a lot of good developments.

this is the reason why IEO launchpads seem to fade away its popularity. as investors are already seeing the similarity with ICOs. they are the same. good in promises but empty in actual implementation.
am only familiar with WPP based on what the OP has mentioned. i thought they can deliver their objectives but then again another crap in the making. people should have learned their lessons by now!!!

Want to learn about coins that cost nothing. Go to the yobit exchange. There are coins that have no future very much. many coins cost real 0. Therefore, if you want to invest in coins that are very cheap, then you are welcome to them. But just know that most likely they will either always cost 0, or eventually disappear altogether. Therefore, it is better to invest in new projects that have a chance.

yes check as much detail as possible about the funds, I also doubt the ico site that says that a project has reached softcap or their sales have been successful.but there is never any info about the market,or further development.