Thanks for your feedback. I understand your concern and you have all the right to doubt it. We are working on the platform and not asking for anything upfront.
The code will be audited by third party before releasing it to public. So there's no loophole or bugs. later it will be shared on GITHUB.
Let me break it down for. 1,000 will be available for presale.
500 will be used in uniswap liquidty.
300 is reserved for marketing expense. (that's our entire budget for the coin)
700 will be locked for team.
Early investor who invested in valuable coins made good return. We are aspiring to be one.
Thanks.
Correct me anywhere on these points if I'm wrong: 1,000 is from presale, which means token.owned by investor Correct500 is on uniswap for liquidity Correct175 is for team (from 25% of 700 tokens reserved for team, where the rest will be released gradually) InCorrectThis leaves only 125 for marketing in order to meet your 1,800. But your allocated marketing fund is 300. So, what? The other 175 will be released gradually too? 300 is reserved for marketing and it's the entire budget we have the coin. It will be used as per the requirement. Won't be spent all at once. Check out our channel. 700 is reserved for team and its locked, 25% will be released every quarter meaning 175 COMB token will be distributed to the team every quarter from the team reserve and rest 525 Comb 25% will be released next quarter that is 131.25. So, its like 25% of the remaining token. 700 Reserved for team 1st quarter 175 2nd quarter - 131.5 3rd quarter -98.375 So on All, the token addresses will be released and transparent. Wasn't that a miscalculation, then? Or am I just went dumb? Your initial supply is 1,800 COMB, the initial allocated fund will be 1,000 for presale 500 liquidity 300 for marketing, which you already state that they have the entire allocation from the beginning 175 for team's first batch That's 1,975 |
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This is their ANN thread, and someone alre already pointed out that their WP is filled with plagiarism. Rikafip, I see that the thread starter of this ann thread was someone you marked as ponzi schemer back in June. Given that not only same user moderating both ANN thread amd that they're promising similar rewards on both Tcapital and this project, I would strongly think both project was directed by one same person |
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Thanks for your feedback. I understand your concern and you have all the right to doubt it. We are working on the platform and not asking for anything upfront.
The code will be audited by third party before releasing it to public. So there's no loophole or bugs. later it will be shared on GITHUB.
Let me break it down for. 1,000 will be available for presale.
500 will be used in uniswap liquidty.
300 is reserved for marketing expense. (that's our entire budget for the coin)
700 will be locked for team.
Early investor who invested in valuable coins made good return. We are aspiring to be one.
Thanks.
Correct me anywhere on these points if I'm wrong: 1,000 is from presale, which means token.owned by investor 500 is on uniswap for liquidity 175 is for team (from 25% of 700 tokens reserved for team, where the rest will be released gradually) This leaves only 125 for marketing in order to meet your 1,800. But your allocated marketing fund is 300. So, what? The other 175 will be released gradually too? |
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Well, I really appreciate the reasons you give, although I think it is less convincing reasons.
Will you lock out 3000 ETH? your project softcap is 2000 ETH and your hardcap is 4000 ETH. if you only collect 3000 ETH will you lock it all up?
I'd like to add one further point on this matter. Dev, let's say you only managed to get 2,100 ETH, you've reached your softcap, normally your project could begin their operation. Let's leave the fact that if such scenario happens, that if you only manage to collect more 2,000 but less than 3,000, I would guess you won't fill the difference from your own pocket. For now, we'd focus on how you have to lock them all, then with what will your project be funded? Please don't say it was a typo ans you intended to type 2,000 instead of 3,000 |
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Due to the massive price movements in the market and Ethereum high gas fees cause of network congestion. We are going more through an organic route. The members joining the discord group is random based on marketing.Currently our focus is on development. Once we reach that number which we believe will take time.
I understand, that's why we are fulfilling the promises first before any participation from the investors.
Wait, what? Not only you require 600 members before you reveal any detail, but you also plan those members to be from random background with certain probability of zero actual interest on your project as they're randomly "invited"? How is this organic? |
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Their strategy is misleading users upon using those fake testimonials.
How can you trust a project if they are using that kind of fake marketing on their website?
They should remove that section and be real with things if they want to attract supporters.
Otherwise, people will stay away from their platform because of this deceptive marketing.
It's too late for them they have been exposed the project now has an existing thread in the scam section, they overlooked it by posting fake testimonials by trying to make their project look great in the eyes of potential investors but unfortunately, it backfired now they are going to lose their reputation, no projects should ever fake anything written in their homepage. I don't think the problem is simply overlooking the consequences of fake testimonial (and identify theft). It was not a poor judgment in attempt to create credibility, it was an entirely fake project from the beginning, it was their intention to fool people into believing them. A real project will not even think of using fake info for whatever outcome |
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We will post the date once we reach 600 members on our server. Join our server to stay posted.
The initial Supply will be 1800 COMB when listed
Are you trying to say that there will be more supply after being listed? And wait, why do you need to wait for 600 members before announcing such critical information? |
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scam,team not real peoples
Can you read again, it's not Defi.Trade Team. Read the subject "How People Think About Us". But... but... Donna James and Sonia Hunter from your "how people think about us" were images from stockphoto and well, Ms. Hunter, she's a doctor named Dr. Reba People. So does the other 3, they were famous people!! OMG *gasp* you managed to not only make them testify for you, but also persuade them to change name?! Oh... you were just scamming with a very poor effort. tvplus006 had posted evidences in this warning thread. 3 of its team members are fake. Because defi hyip is just too much to let it pass by these scammers, they are in the hurry to scam investors. If the tream will continue to promote in the social media, this will still get some money from unsuspecting crypto users. Bounty hunters should also known this discovery and stop promoting this one. Nope, all 5 of them are fake. The last one, Ms. Sutherland was our cosmetic model |
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Aww... I was just bumped into them an hour ago and conducted a small research not unlike yours. I was about to publish a scam accusation thread when I saw yours. Here, to complete your list, last one was from cosmetic product. Zoe Sutherland was Tan number 1  |
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Well dev, here's your chance to provide your years long of work. Q4 is next month, lots of things with exchange should have been finalized up to this date or at least close to be finalized. You can at least name those 10 exchanges, or show what milestone has been achieved these past few months.
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I am sorry for the concern, but I would like to know more information about the actions of the team, thanks to which we can hope for the future prospects of the project. The fact is that recently social networks have been silent, and the official telegram chat is full of spam with various advertisements that are not related to Cowrium. I would like some comments and announcements regarding the future of Cowrium, as well as regarding the distribution of rewards for Bounty Company members and investors.
If it's any help, their project was accused by two different sources for quite a while, one state that the CEO (original poster of this thread) requested them to pay some amount before they can be accepted for moderation bounty, while another one came from an ICO rating site back from 2019. My advice? Leave them and move on, they have a lot of red flags |
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Yeah, very long process. I don't know investors will invest on their money for this much long time or not. Cause most of investors (specially early birds investors) invest on projects for earn some good profit after listing coin. Of course i know make a good quality project is not a easy task and it take some times. But this is much longer than expected. Hope project team have much interesting idea to attractive investors.
The trading fees are lower than Binance's if I am not mistaken. A lot of the purchases should come from traders who want to lower their fees. Plus, affiliates need NMX to advance in referral level to unlock higher tier bonuses. In conclusion I don't think most of the funds contributed will come from speculation (although it is very enticing), but from the actual use-case of the token. I just hope that the exchange operations can be sustained from the generated volume. Currently they are generating around $1M/day which should translate (with an average of 0.02% fee/trade) into $200/day = $6000/month. I'm sure the volume will increase once trading bots/APIs are introduced + the futures. Their token is overpriced too much with a total supply of 200KK the same as Binance. They are selling it for 1$ per one or even more while binance sold theirs for 0.1 per one. If you actually try their exchange you will see how bad it performance is. It is lagging a lot of the time, sometimes you have to wait over 5 min just to open the website. Plus 50% of tokens are in devs pocket. As I calculated to mainaint the 1$ price per token they would have to be at the bottom on top 100 cmc which is impossible with current exchange. If the exchange is lagging with that few users what will happen if more join? Do not hate me for that I'm always trying to say the truth beacuse there is no other way. If I may pitch in, determining rate as 1 NMX for 1 USD will not be impossible if they apply a stablecoin system. That way, not only they will be able to maintain the rate, butnit will also be a competitive advantage to encourage people to use the site. Other method will be the old school burning method. If they burn certain percentage of token utilized as fees payment, slowly the total supply will decrease and price will likely goes up. |
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An update about Infinitus.
I was kicked out of their TG group months ago because I kept asking and pushing for their so-called "integration" between in-app wallet and external wallet (honesty, it wasn't that difficult that it take months!) and around December 2019 I learned secondhandedly that the "integration" was finally established after an extremely long one year wait.
Their scheme was like this:
You need to convert INFCredit (their in-app native token) to an INFToken if you want to take them out to external wallet. Conversion was limited to 1,000 INFC daily and costs you 1%. Then, moving INFT to external wallet also limited to 1,000 INFT, as well as cost you 1%. I don't think this rule ever announced before. What a way to rob your member, if you ask me.
Further, this hard work and extreme effort of establishing integration was running smoothly for roughly four months before they encountered another issue and stopped working. The team was "working on the issue" ever since.
Recently, they abandoned their TG group, went silent and ignoring their members question for issue with conversion, stating that as the app was working and they have their own FAQ section in the app, telegram support was no longer needed, thus they won't be answering queries on TG.
It leads to a very silent group with dozen of unanswered question where admins were online and available but never answered any. Their monthly reward for May (the one that's planned to be good for around one more year and suddenly announced to be the last as per April) is not delivered up to this day.
Seems like an exit scam for me.
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let's open chat on telegram, so each question can be answered quickly, without having to wait for a few days to get an answer  because I think you have forbidden anyone to write in the telegram for too long You can always get any answer write in PM Telegram @BILLCRYPTinform Or perhaps you can just share your proof of work here. That'll be more convenient as the info will be available for anyone without having them to individually reach you, wait for a reply, and for the other side, you'll get some trust on your reputation. One year of token selling seems very dubious |
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Wait a second... Why would you need to extend the IEO, let alone for such a long duration, when you've reached softcap as per your thread title describes? As softcap reached, you should be able to actually start working and giving real result
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Judging from the facts above, where team posts so many threads, inconsistent with timeline, a long stretched project without any clear results or achievement, I think it's kinda safe to start assuming this is another kind of trash project.
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Is this still active?
No working site?
Nah, I don't think so. The CM last activity was ten days ago, but their last post was the one before my last query, that's one year ago. Just another dead project |
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Unfortunately, the project was a great disappointment, the price is very low compared to what many people expected today. We can only hope that the price will go up in the future. We also hope that binance will come to the aid of the project. It would be nice if it did an edo airdrop based on the trading volume. It was just a suggestion
The project is basically moving forward. They have made nice accomplishments already. For example, just recently they have already released some debit cards. Because of it, at least a million EDO tokens have been staked. Thousands of EDO must have also been burned. However, all these accomplishments are not really lifting up the price of EDO. We are still far from registering a positive ROI. I guess the project badly needs to reach a bigger audience. Binance does not care about what happens to EDO and other altcoins listed on their platform. Let us not expect Binance to intervene. Eidoo should be the one to initiate it if they want to have some kind of promotional EDO airdop or whatever. If EDO will be losing its volume there, Binance will simply kick EDO trading pairs out, if not the token itself. It's been a while since I followed their project's update, and few weeks ago I deleted their app from my phone because I didn't see a point of keeping them. Initially I was interested because of their dex concept and I imagined how it'll be nice if I can have something like forkdelta on my phone where I can easily keep small tokens from giveaways into one app and exchange them for eth. However, it seems to me the dex was growing up painstakingly slow, and it seems they didn't have the same concept as forkdelta where we can trade whatever eth token we want |
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Hi, reviving this old thread (as well as my long sleeping account, guess I took my break too long) just to add a little update about this scam project.
I checked their site a few days ago, both xmoneta and cryptofundbank was no longer available, they also delete their TG group's info and restrict any comments on the said channel, practically sending their channel into a useless junk group. Kinda clear that they've left the project with their investors money.
Also just realized that they leave me a neg trust for... spreading false information and publishing subjective baseless thing. LOL, it was clear whose hand is red for this case
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