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Author Topic: Is SimpleToken a scam?  (Read 243 times)
simpletalk (OP)
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November 19, 2017, 09:54:35 PM
 #1

Posted a question on SimpleToken's Telegram channel asking how different SimpleToken is from CoinLaunch/CoinCreator which was recently covered on TechCrunch. To my surprise, I was blocked from their Telegram group instead of providing a clarification. What are they afraid of? Are they scamming by claiming to be different from any existing options in the market?


https://techcrunch.com/2017/10/13/build-your-own-token-sale-with-coinlaunchs-coincreator/
https://coinlaunch.market/coincreator/
https://coinlaunch.co
[url]https://simpletoken.com]https://simpletoken.com][url]https://simpletoken.com
2bfree
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November 19, 2017, 09:59:25 PM
 #2

Posted a question on SimpleToken's Telegram channel asking how different SimpleToken is from CoinLaunch/CoinCreator which was recently covered on TechCrunch. To my surprise, I was blocked from their Telegram group instead of providing a clarification. What are they afraid of? Are they scamming by claiming to be different from any existing options in the market?


https://techcrunch.com/2017/10/13/build-your-own-token-sale-with-coinlaunchs-coincreator/
https://coinlaunch.market/coincreator/
https://coinlaunch.co
[url=https://simpletoken.com]https://simpletoken.com][url]https://simpletoken.com]https://simpletoken.com]https://simpletoken.com][url]https://simpletoken.com

Dude it's hard to be different. How can they be any different from 2000 coins?

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simpletalk (OP)
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November 19, 2017, 10:21:12 PM
 #3

The guy from this company in one of their press releases claimed that they are the only service in the market to allow anyone to easily launch digital currency. They can say whatever they want but if they expect people to trust them, then they should provide answers rather than blocking people.

Just posting here in case anyone else had a similar experience with simple token and to let others know of my experience.


Dude it's hard to be different. How can they be any different from 2000 coins?
TheSimpleToken
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November 20, 2017, 11:30:44 AM
 #4

Posted a question on SimpleToken's Telegram channel asking how different SimpleToken is from CoinLaunch/CoinCreator which was recently covered on TechCrunch. To my surprise, I was blocked from their Telegram group instead of providing a clarification. What are they afraid of? Are they scamming by claiming to be different from any existing options in the market?


https://techcrunch.com/2017/10/13/build-your-own-token-sale-with-coinlaunchs-coincreator/
https://coinlaunch.market/coincreator/
https://coinlaunch.co
[url=https://simpletoken.com]https://simpletoken.com][url]https://simpletoken.com]https://simpletoken.com]https://simpletoken.com][url]https://simpletoken.com

Hi! I actually traced back the conversation - your question was answered, but I am not sure who of the admins blocked you and why. Here's our CEO's answer:

"The closest competitors we've seen to Simple Token are companies trying to get more companies to ICO and launch their own floated publicly tradeable tokens on exchanges. That requires each of those companies to have blockchain developers working on their teams and to shift their business focus to supporting their fluctuating token economy. Meanwhile there are fewer than 13k blockchain developers in the world today.

We want to open tokenization up to any company even without in-house blockchain developers, enable their teams to focus on their core technology and business while we take care of the blockchain infrastructure.

We also don't think it's realistic for 99% of the companies to have their own publicly traded tokens, which is what it sounds like CoinLaunch is doing (TBH i'm not familiar with them). Rather, we enable companies to build their tokens based on Simple Token, and have it not on secondary markets.

In short Simple Token is enabling the mass market companies and organizations to have their own branded token economies without the technical and legal and regulatory risks with creating their own erc-20tokens. Waves and such platforms are more ico platforms for blockchain developers.

I also spoke about this at length in the AMA with Ian Balina https://youtu.be/QPBQV34lKfo"


TheSimpleToken
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November 20, 2017, 11:35:25 AM
 #5

Posted a question on SimpleToken's Telegram channel asking how different SimpleToken is from CoinLaunch/CoinCreator which was recently covered on TechCrunch. To my surprise, I was blocked from their Telegram group instead of providing a clarification. What are they afraid of? Are they scamming by claiming to be different from any existing options in the market?


https://techcrunch.com/2017/10/13/build-your-own-token-sale-with-coinlaunchs-coincreator/
https://coinlaunch.market/coincreator/
https://coinlaunch.co
[url=https://simpletoken.com]https://simpletoken.com][url]https://simpletoken.com]https://simpletoken.com]https://simpletoken.com][url]https://simpletoken.com

Send me a private message here with your TG details and I'll add you back to the group if interested.
We have recently been very strict about other people posting outside links, as we have experienced hacker and scam attacks.
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