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Author Topic: Possible Exit Scam - Advantage Blockchain  (Read 399 times)
AdvantageBlockchain
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January 09, 2023, 02:21:21 AM
 #21

Hi holydarkness,

• There is no current IPO
• Private Corporation
• I've already answered the team question
• We are NOT offering securities as fundraisers
• Yes, selling equity in a private Canadian Corp.
• Shareholder registry already updated to include latest angel investor
• Anyone knows in Discord the guys are paid and spend 16 hours a day on there helping people
• Huge progress
holydarkness (OP)
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January 09, 2023, 05:54:58 PM
 #22

Hi holydarkness,

• There is no current IPO
• Private Corporation
• [...]
• We are NOT offering securities as fundraisers
• [...]
• Shareholder registry already updated to include latest angel investor
• [...]
• Huge progress

Thank you, these matters at least... clarified, that you're looking for angel investors. This would limit the possible risk area as fewer --clueless-- people would be less likely to be fell --let's suppose-- into a money grab scheme. Reassure me again, how much is it to be angel investors? And I'll assume you won't just accept anyone's who's willing to invest?

Hi holydarkness,

• [...]
• [...]
• I've already answered the team question
• [...]
• Yes, selling equity in a private Canadian Corp.
• [...]
• Anyone knows in Discord the guys are paid and spend 16 hours a day on there helping people
• [...]

That it'll be shared upon launch? In April, according to your roadmap? I wonder why would it took so long? And why do they need to be hidden? Although, any angel investors who's interested will be given your details?

But alas, as I am banned from your discord for being rude here, while my main interest is always the safebeing of the community, I can't get to see these team and the guys who spend 16 hours helping people, which left me to... fumble in the dark. As I am curious about your team --this is one of the few last issues before I can rest and feel assured that you're safe project for this community-- I have to rely on the internet and educated guess.

Allow me to explain why it is so crucial for me. First, you have four years in your hand prior to the incorporation, and almost seven month after it, yet only now you started to create your wallet and made "significant" move. During those four years, you didn't produce anything other than the idea itself. It is fair to say that it feels like you put almost zero effort on it. And then there's this fact that once it's finally up, your website --for a project with such ambition-- is rather poor in design, just as mentioned earlier by someone else on your ann thread that it uses the template that's usually used by scam website. Second, the fact that you needed funding for wallet kickstart and hired freelancer to build it. Not that they're necessarily wrong, just... feels a little bit concerning as it implies how deep your knowledge and effort on the necessary fields; years of zero result and milestone, free website template and freelancing your most fundamental pillar. Level with me here, wouldn't you be suspicious too if a project with such characteristics suddenly appeared? The surge of "incidental" shillers also didn't help, if any, it just make the suspicion grow stronger. I'm aware that you said on your ann that you've weeded them out, but the fact that you -very likely-- hired the shiller service will still remains.

And later on, I can only assume that the registered office is your own home --I looked for it on Maps-- again, although it is not wrong, it raises a great amount of concern, especially if I let my mind thrown back to the statement that you've been on it since 2018 as a sole proprietor, registered it on May 2022, and only just now started to break your ground.

I can't shake this feeling that your team is just you and maybe a couple of hired CM and the angel investors themselves. There were no professionals on it, any experts on the fields necessary to pursue your ambitious aim. It won't even too far fetched to think that there's a possibility you'll just cease to exist one day, dismissing your entire "team" with your users funds in the following months, since there are no provable professionals that had their reputation at stake for "collateral" to ensure that the company will keep their community's interest at best and will strive through things instead of running away with their funds like the great ICO mess in 2018.

So tell me, why can't the people behind the team be revealed and had to wait until launch in April, while you'll have people start exchanging your token before then, as you'll finalize and confirm listing for your token in February and March --by the way, I think the order is kinda switched here, how could you finalize a listing, and then confirming it later? It'll make more sense if you confirm the listing with the platform in February and then finalizes it on March.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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AdvantageBlockchain
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January 09, 2023, 07:39:18 PM
 #23

Hi holydarkness,

Thats great. Keep up the good work.

Also, new investment written authorization 10 days.

Software going well, just 2 custom parameters to add and will be fully operational ready for testing.

Also did the realization come that you again posted about Angel Investors investing in securities?
holydarkness (OP)
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January 09, 2023, 08:03:47 PM
 #24

Hi holydarkness,

Thats great. Keep up the good work.

Also, new investment written authorization 10 days.

Software going well, just 2 custom parameters to add and will be fully operational ready for testing.

Also did the realization come that you again posted about Angel Investors investing in securities?

Pretty much sure I wasn't talking about angel investors investing in securities, although you're free to point putr which part of my post lead you to think that, and I'll explain it to you in other way. What come to my realization is that none of my questions are answered by you.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
AdvantageBlockchain
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January 09, 2023, 08:07:05 PM
 #25

Hi holydarkness,

Quote added by holydarkness:
Quote from: https://ca.indeed.com/career-advice/career-development/what-is-angel-investors
Provincial securities commissions regulate who can make angel investments. If you don't have a personal relationship with the company or its owners, you may become an accredited investor. In finance, an accredited investor is an individual with a high net worth, which qualifies them to invest in hedge funds and venture capital or make angel investments. To meet the requirement for accredited investors, you typically require a net asset value of more than $5 million and a gross income of $200,000 for at least two years.

End of quote.

Sit tight and all your fears will be alleviated.
holydarkness (OP)
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January 09, 2023, 08:19:00 PM
 #26

Hi holydarkness,

Quote added by holydarkness:
Quote from: https://ca.indeed.com/career-advice/career-development/what-is-angel-investors
Provincial securities commissions regulate who can make angel investments. If you don't have a personal relationship with the company or its owners, you may become an accredited investor. In finance, an accredited investor is an individual with a high net worth, which qualifies them to invest in hedge funds and venture capital or make angel investments. To meet the requirement for accredited investors, you typically require a net asset value of more than $5 million and a gross income of $200,000 for at least two years.

End of quote.

Sit tight and all your fears will be alleviated.

You do aware that by your clarification on this post, it became clear and move us to the same page that you're seeking for angel investors, thus what the first part of my post serve?

Also, please know that the "law" applied for projects in crypto is to questions everything and guilty until proven otherwise, don't take it personally as it applied to almost every projects. So yeah, I don't think sitting tight would do. Especially as what I asked is not --at least according to me-- too difficult to provide, suppose you do have a full and established team behind your project.

Or could you give a good reason why it is so against your idea to show your team? If I'm in your position, I'll gladly snap pictures of my staffs if that's what it take to get rid of this particularly annoying human from asking me a lot of things. Plus, it'll be a good credibility point for my project.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
jharris9931
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January 10, 2023, 11:03:39 PM
 #27

Looks like the scammer closed their announcement post and their site!

https://bitcointalk.org/index.php?topic=5417350.0

https://www.theadvantageblockchain.com/

 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
holydarkness (OP)
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January 11, 2023, 07:05:01 PM
 #28

Looks like the scammer closed their announcement post and their site!

https://bitcointalk.org/index.php?topic=5417350.0

https://www.theadvantageblockchain.com/

 Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin

Too bad it comes to this, for the sake of those already investing, I hope this is just a hiccup or something else, or that their angel investors are just them posing as interested party to shill the investment.

I asked a friend of mine --which, should't be blocked like me-- to check their discord, and it was not available anymore too

Code:
discord.gg/wdk5Zd9Xkq

Referencing to these points, I'll leave a tag --I wonder if a flag also necessary-- and edit the opening post adding these latest development. AdvantageBlockchain, if this is just a simple error, some of your intern just accidentally erased your discord, website, and edit your ann to nonexistence or something, you can drop by here at any time and explain what happened




/closed @govconcerns.com

https://archive.ph/xhezd

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
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