new blockchain - has someone heard of this?

[mnemonicsoup]

A friend, he's rather old and knows nothing about crypto, wants to invest here

http://newblockchain.net/wordpress/en/

It seems like a very badly executed scam to me but it's interesting how they placed triggers that appeal to my friend (swiss company, investments into non tech assets etc.).

So, has anybody heard of this?

[maku]

I would avoid this project like the plague. That website is nothing more than depository of totally fake promises:

- "It is a 100% liquid crypto-coin! A GUARANTEED repurchase of the crypto coins by the company itself" - I heard that bullshit before, PayCoin was the same.
GAW promised that they would keep PayCoin token always above $20 threshold, they failed hard. It is not possible to keep a promise like this.

[Qartersa]

I would avoid this project like the plague. That website is nothing more than depository of totally fake promises:

- "It is a 100% liquid crypto-coin! A GUARANTEED repurchase of the crypto coins by the company itself" - I heard that bullshit before, PayCoin was the same.
GAW promised that they would keep PayCoin token always above $20 threshold, they failed hard. It is not possible to keep a promise like this.

I agree, this website is promising something it cannot fulfill! How can you say you can keep a steady value if there is no one willing to even pay that much for it. It just looks like a badly made ponzi site just looking to scam people. It's not worth the risk, if you ask me. Better just do something else with your money than invest in this.