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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: SquirrelJulietGarden on November 17, 2020, 06:24:14 AM



Title: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: SquirrelJulietGarden on November 17, 2020, 06:24:14 AM
After ICO scams, the market has IEO scams. After stake and masternode scams, the market has DeFi scams.

And CyberFi is here for you. Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.

CyberFi manifesto (on their site) is
Quote
A multi-product ecosystem of automation products enhancing the DeFi experience.
Projects always show you their potentiality but what they are in real life?

https://cyberfi.tech/
https://medium.com/cyberfi
https://twitter.com/cyberfi_tech
https://www.coingecko.com/en/coins/cyberfi
https://etherscan.io/token/tokenholderchart/0x63b4f3e3fa4e438698ce330e365e831f7ccd1ef4 (Keep your eyes on the CyberFi token holder chart and movements from big holders if such movements from big holders occur).

Define the (scam) DeFi (https://bitcointalk.org/index.php?topic=5273078.msg55114472#msg55114472)


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: GreatArkansas on November 17, 2020, 06:41:32 AM
Most of you mentioned are only the ways to invest, so even it is either of ICO, IEO, Master odes, stakes or DeFi it will still based on the project itself so it is really advisable that investors should learn first before putting their money on random projects.
This is my firstime to hear CyberFi, I can say it's still the same with some DeFi.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Towerbreeze on November 17, 2020, 06:54:33 AM
What's there to be cautious about? Crypto space is opened for new ideas and they are welcome at any time, we only need to figure out which project team are serious about what they introduced, ICO, IEO, DEFI all have high quality projects backing them up so new ideas are highly welcome.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: meanwords on November 17, 2020, 07:36:20 AM
What's there to be cautious about? Crypto space is opened for new ideas and they are welcome at any time, we only need to figure out which project team are serious about what they introduced, ICO, IEO, DEFI all have high quality projects backing them up so new ideas are highly welcome.

Don't be naive. This isn't like some place where you can get your money back when you fucked up, this is the internet. You need to be cautious of everything. The market is already saturated with scammers and some money grabbing projects. This is a decentralized and anonymous place, if you are not cautious, You'll lose your money in no time.

Yes new ideas are welcome but that doesn't mean the man behind this idea has good intention. You don't know who you are dealing with so you need to be always careful and mindful of what you are going to do.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: joseyphil82 on November 17, 2020, 07:47:13 AM
OP has a point, there are some successful DeFi projects but many of them are scam and pump and dump projects, very soon we can start seeing new ideas that are 100% scam in disguise, we have to be cautious, don't jump into projects because they are new ideas, use your time to do deep analysis first


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: icalical on November 17, 2020, 08:15:01 AM
I agree on the cautious part, there will always be a scam on any types of crypto project, whether its ICO, IEO, DeFi or anything. I don't know anything about CyberFi, it doesn't seem like a big project that everyone is talking. But it does not mean that we shouldn't invest to something new. Even when the first time Bitcoin was invented it is something new.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Kopetunto on November 17, 2020, 08:24:53 AM
ICO scam? IEO scam ?, are you dreaming? honestly I am sad to hear that because you only explain part of the world of cryptocurrencies,
ICO is not a scam, and IEO is not a scam, of course Defi is not a scam, there is a scam there is hype from all of this,
do your research first and you will definitely understand it.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Novatech8 on November 17, 2020, 08:34:34 AM
We sure want new ideas in crypto space buy I'd take OP advice as a warning, in the process of expecting something fresh and new you can fall victim to scam, scammers always take advantage of anything new most especially new crowdfunding and some times scammers are even capable of bringing some thing new too just to scam investors


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: SquirrelJulietGarden on November 17, 2020, 12:57:04 PM
ICO scam? IEO scam ?, are you dreaming? honestly I am sad to hear that because you only explain part of the world of cryptocurrencies,
ICO is not a scam, and IEO is not a scam, of course Defi is not a scam, there is a scam there is hype from all of this,
do your research first and you will definitely understand it.
Are you drugged? Are you mad with your post count, dude?


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Harlot on November 17, 2020, 01:02:19 PM
What's there to be cautious about? Crypto space is opened for new ideas and they are welcome at any time, we only need to figure out which project team are serious about what they introduced, ICO, IEO, DEFI all have high quality projects backing them up so new ideas are highly welcome.

The projects itself is not what we need to worry about but the ones who are pretending to be projects but in the truth is just scams. That is what the OP is trying to explain here where new projects coming out left and right it will be harder for new investors to see what is real and what are the scams ones that is why we want them to be aware of what they are trying to do to lessen people getting victimized by it.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: kingzpro on November 17, 2020, 02:31:03 PM
After ICO scams, the market has IEO scams. After stake and masternode scams, the market has DeFi scams.

And CyberFi is here for you. Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.

CyberFi manifesto (on their site) is
Quote
A multi-product ecosystem of automation products enhancing the DeFi experience.
Projects always show you their potentiality but what they are in real life?

https://cyberfi.tech/
https://medium.com/cyberfi
https://twitter.com/cyberfi_tech
https://www.coingecko.com/en/coins/cyberfi
https://etherscan.io/token/tokenholderchart/0x63b4f3e3fa4e438698ce330e365e831f7ccd1ef4 (Keep your eyes on the CyberFi token holder chart and movements from big holders if such movements from big holders occur).

Define the (scam) DeFi (https://bitcointalk.org/index.php?topic=5273078.msg55114472#msg55114472)
All new projects are risky my dear and as far as cyberfi is concerned yes they have high claims of multiple products in defi sector but before judging i think we should give them ample time to deliver on their promises and products.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: mnporter2001 on November 17, 2020, 02:42:36 PM
After ICO scams, the market has IEO scams. After stake and masternode scams, the market has DeFi scams.

And CyberFi is here for you. Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.

I am not against project promotion but please tell us what CyberFi is :) This is the first time I've heard of it and still can't understand what CyberFi focuses on and why do we have to invest in CyberFi while the Defi projects are making a big profit for me? If possible then recap the CyberFi goals, Tokenomic and their roadmap and post it on ANN, I would appreciate it. ;)


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Beparanf on November 17, 2020, 02:53:33 PM
After ICO scams, the market has IEO scams. After stake and masternode scams, the market has DeFi scams.

And CyberFi is here for you. Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.

I am not against project promotion but please tell us what CyberFi is :) This is the first time I've heard of it and still can't understand what CyberFi focuses on and why do we have to invest in CyberFi while the Defi projects are making a big profit for me? If possible then recap the CyberFi goals, Tokenomic and their roadmap and post it on ANN, I would appreciate it. ;)

I believe he is pertaining to this project https://cyberfi.tech/

In simple term, Cyberfi claims to be the better version of DeFi with great user experience for all DeFi user. They are just hyping market again by introducing a new type of DeFi. I agree to OP that this is a fraud and might result to a loss in case you invest badly on this project.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: toast on November 17, 2020, 02:58:45 PM
not all on the ico, ieo, masternode and defi are scams maybe you just tell to them that be very cautious to every project they might encounter it doesn't matter whether they are ICO, IEO, DeFi, etc. you can manage to see the scammers all around.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Balladtony77 on November 17, 2020, 03:06:36 PM
Never heard about cyberfi before but I'd definitely check it out before judging and again not all ICO and IEO are scam, even few DeFi projects are good that they made it to top 30 on coinmarketcap, that's a big achievement, if you do research before anything else you will escape any scam projects


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Insomnia family on November 17, 2020, 03:17:35 PM
a new concept has resurfaced after the Defi hype and now comes Cyberfi. I think the defi fever is getting high and the scammers are planning a new program to trick their victims. It is highly recommended to be extra vigilant before investing in any project. especially with projects like Defi


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Renampun on November 17, 2020, 03:25:02 PM
Cyberfi is something new I thought, very high risk...
I saw Cyberfi just in Coingecko and not yet on CoinMarketCap. Cyberfi is really very new and maybe many members here don't know about it. thank you @OP for the warning.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Ryushin on November 17, 2020, 03:57:31 PM
Cyberfi is something new I thought, very high risk...
I saw Cyberfi just in Coingecko and not yet on CoinMarketCap. Cyberfi is really very new and maybe many members here don't know about it. thank you @OP for the warning.
I won't invest in any new use case in crypto space and you said this CyberFi is a high risk project? It's better to wait for future performance before jumping into anything that's brand new in crypto space because not all new use cases can be trusted especially when they look like HYIP


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: SquirrelJulietGarden on November 18, 2020, 04:38:40 AM
Scam means developers of projects run their adverstisements and seed their news, roadmaps, manifestos and claim they are good projects. They and their products will change the world, will make revolutions but at the ends there are only failures to meet their plans.

Their projects don't change the world, don't bring any revolution to the world. Their projects are scam.

Scam from the money flow they raised or stolen from the crowd. You can debate that if developers don't sell their premined coins or the tokens they minted from themselves, they are not scammers. I don't agree with that thoughts because developers can spend their very small fund to buy tokens or coins in crowdsales and sell all tokens when price rises some folds. You will never know what they do behind the scene.

Projects claim to be good.
Fails to bring good things to the world

Scam. Simply as that.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: bittick on November 18, 2020, 04:41:18 AM
This is endless cycle some people gonna come up with new idea but the most important thing is whether that idea sell well or just there for decoration. IEO right now is not obsolete by anymeans even Defi is still selling like a hot cake I can't see the need of other thing like this called CyberFi. Heck even IEO is the most secured means of investment as of now atleast they got listed on exchange day 1 and most of the devs already went through or undergo an inspection by the responsible exchange..


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: PerfectCircle on November 18, 2020, 05:58:47 AM
IEO is the most secured crowdfunding right now, if scammers come with new crowdfunding idea it won't last before it get busted because too many investors prefers IEO crowdfunding over any other, top exchanges gives investors the confidence


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Phoenix_PROG on November 18, 2020, 06:08:24 AM
After ICO scams, the market has IEO scams. After stake and masternode scams, the market has DeFi scams.

And CyberFi is here for you. Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.

CyberFi manifesto (on their site) is
Quote
A multi-product ecosystem of automation products enhancing the DeFi experience.
Projects always show you their potentiality but what they are in real life?

https://cyberfi.tech/
https://medium.com/cyberfi
https://twitter.com/cyberfi_tech
https://www.coingecko.com/en/coins/cyberfi
https://etherscan.io/token/tokenholderchart/0x63b4f3e3fa4e438698ce330e365e831f7ccd1ef4 (Keep your eyes on the CyberFi token holder chart and movements from big holders if such movements from big holders occur).

Define the (scam) DeFi (https://bitcointalk.org/index.php?topic=5273078.msg55114472#msg55114472)
After stake and masternode scam the market have DeFi? So IEO is the source of staking and masternode scam? You failed to put this right pal, many masternode projects are complete scam but none entered binance exchange for IEO launchpad, all staking (POS) coins on binance are still alive today, don't make it look like IEO gives birth to those scam


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Phoenix_PROG on November 18, 2020, 06:09:59 AM
The only danger in IEO fundraising is small exchanges, who still invest on projects that use small exchanges for fund raising when they clearly know that the project have a higher chance of failure? The problem of IEO in crypto space today are small exchanges because they have fake volumes and liquidity


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: asriloni on November 18, 2020, 08:36:17 AM
The defi itself already used automation just like flash loan or another features that available on defi. This project called cyberFI was a big BS. it was only creating the idea based on their imagination and the creator of this BS project has not yet seen about the reality that happened in the market. What kind of automation that will be developed by ciberfi lol
I will call this as a scam because when it means about AI and defi is not yet needed AI consider people can use that easily as it's already fully automated on its operation.
Another BS project to be a money grabber.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: DoubleAweSeven on November 18, 2020, 10:07:26 AM
CyberFi is just Defi. It's not new and it's smells really suspicious to me. Just don't invest in DeFi right now because there's a lot of ongoing scams and exits happening. Just invest in Bitcoin and top altcoins because Bitcoin is mooning and you will profit greatly. If you want new projects that have potential, look for projects that hire reputable members, high chance that they are legit.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Roidz on November 18, 2020, 12:06:40 PM
Every transaction that occurs in the crypto world, of course, is risking a lot of money so that it can be used by fraudsters who want to get money easily as well as the Defi system which is currently popular, of course the fraudsters will look for loopholes to use it for their personal gain, what's more We know that Ethereum is decentralized so that anyone, anywhere can very easily use it and create tokens and fake applications based on the existing blockchain.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: plvbob0070 on November 18, 2020, 12:23:31 PM
Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.
Keep in mind that choosing a project is not a simple decision that you can immediately decide within an hour or a day. It requires a fundamental analysis to determine which project has great potential in the market. You can’t just presume someone’s claim regarding the “high returns investment project”, you can conduct an assessment on your own. We should be vigilant, as some of them are fraudulent and fail to comply with their plan. Nonetheless, Cyberfi is unfamiliar to me, but upon searching it was recently added in coingecko. So, for now, let’s just wait and see its market-efficiency.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Greatchu on November 18, 2020, 12:52:28 PM
Whatever we got thrown at us we shouldn't go ahead and embrace them, as an investor we should do good research first to see if the project is worth investing on, there are many new fund raising in 2019 and they are failed, I fell for IMO project in 2019 and it's a complete scam


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: nykka on November 18, 2020, 01:24:20 PM
New projects are always risky to invest in, because they don`t have any community and experience of existing in cryptocurrency ecosystem. Sometimes I invest in some really new projects with absolutely revolutionary ideas, but unfortunately most of those projects become scam and I lose my money. But I`m ready for it and regarding newbies, I don`t recommend to do the same actions. Inexperienced people should invest in trusted projects


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: Atang Sulaeman on November 18, 2020, 02:23:02 PM
everyone will think ICO, IEO, MASTERNODE, DEFI, and whatever it is will definitely consider fraud after experiencing a loss and different from someone who has made or has been able to profit, all seen from a different perspective. fraud or not a project back to each other.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: FireBallex on November 18, 2020, 03:42:16 PM
No crowdfunding strategy is safe from scammers, ICO, IEO and others have been taking advantage of by scammers and that doesn't mean these crowdfunding strategies are bad, we have bad people that will go any length to hurt innocent people, we have to learn how to avoid them by all means necessary


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: sana54210 on November 18, 2020, 04:17:47 PM
I really do not think that we should be worried about anything, these are just methods projects come out with, they are simply how they describe themselves but in reality each project is different from each other. It doesn't mean that all defis are bad, it doesn't mean all defis are good, it doesn't mean all icos are bad or all icos are good, basically these are not things that make something good or bad, it just makes them describe themselves easier.

If you look at projects themselves you will realize that there are very amazing and awesome defi projects but there are also horrible and scam defi projects as well. This same will go for cyberfi as well which I agree that just a part of defi world, when something new comes along it will be like that for the new thing as well.


Title: Re: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!
Post by: irixo10 on November 18, 2020, 04:31:11 PM
In as much as it is true that in every phase of the crypto space, there were scams but however it is also good to note that, there were good projects which used different fundraising methods to achieve their aims; that is, be it ICO, IEO, or DeFi, there are still good projects. In addition, many projects will still be coming up, where there will be those that have good ideas, there will be those that comes with scam ideas, hence whichever be the case, it is our sole responsibility to study every project, while looking beyond the hype to ascertain their level of seriousness and genuineness. With all these being said, I don't know much about this project in question, but it will be wise for potential investors to study it before investing.