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Author Topic: Thoughts on upcoming ICO for RAZORMIND  (Read 2439 times)
Minecache
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June 29, 2016, 03:27:02 PM
 #1

Looks and sounds like a gud ICO. Thoughts? Will you be an early investor?

http://cointelegraph.com/news/uk-based-razormind-emerges-as-blockchain-rival-to-ethereum-microsoft-ibm-and-eris
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June 29, 2016, 03:49:03 PM
 #2

Where is the address of the crowdfund, sounds like a good project.
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June 29, 2016, 04:04:15 PM
 #3

It says they built razorcoin? It didn't end well.

https://bitcointalk.org/index.php?topic=644498.0

 Cry

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June 29, 2016, 04:07:32 PM
 #4

99.99999% of presales are scams
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June 29, 2016, 04:14:20 PM
 #5

250 employees but, head office address appears to be a duplex residential house.

Original company was Razormind Ltd and closed several years ago.

Now registered as Razormind Limited incorporated early this year.

Five minutes of google time does wonders. Red flags raised for me.
 
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June 29, 2016, 06:25:15 PM
 #6

I also think the proposal from the category of fraud.
From experience, it is better not to get into that.

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July 15, 2016, 01:33:36 AM
 #7

http://www.razormind.co.uk/crowdsale









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July 15, 2016, 03:37:43 AM
 #8

Why would anyone "invest" in an ICO ?
Nevermind..

Profit $$$  Roll Eyes

Me ?
No.

I don't support scams for money.. i have class & integrity unlike most of you.

FUD first & ask questions later™
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July 15, 2016, 04:16:23 AM
 #9

ICO these days are just something that scalpers get to take advantage.
People are now aware that price will just drop down to 90 percent during the first few days of its released so they'd just buy the coin on the exchange site instead.
But we'll see how much the bonuses the team give for early investors.



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July 15, 2016, 07:41:20 AM
 #10

250 employees but, head office address appears to be a duplex residential house.

Original company was Razormind Ltd and closed several years ago.

Now registered as Razormind Limited incorporated early this year.

Five minutes of google time does wonders. Red flags raised for me.
 

Yes Google does wonder when it comes to searching the credentials of any site.Also do this and every should also do the same,especially the name behind the project if the people has a low credentials on Google then they are cannot be trusted at all..


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July 15, 2016, 08:05:21 AM
 #11

DO NOT TOUCH THIS ONE! If these people are really behind Razorcoin, then there is no reason to believe in them.

P.S. Here is what I've said them last year.

EDIT: I posted warning on Twitter: https://twitter.com/FAILCommunity/status/753863577946230784

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July 15, 2016, 03:34:01 PM
 #12


Nice find. You kept me from making an investment mistake today.


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July 15, 2016, 04:02:28 PM
 #13

That a shaddy ICO. No escrow address.. Definetely not touchin

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MEDIUM
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July 15, 2016, 04:11:24 PM
 #14

watching this. but just because i want to know if this will be a scam or note.

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July 18, 2016, 09:19:58 AM
 #15

Thank you for your questions. Razormind had absolutely nothing to do with the 'Razorcoin' altcoin. We created a blockchain services company called Razorcoin.com several months before some random group decided they liked the name and launched an altcoin with it. DeOS is not an ICO - the tokens are not investment vehicles and we actively discourage people from purchasing them if people indicate that is why they are considering buying them.

The screenshots are more troubling and we've had reports of duplication since yesterday - we pulled the pages at the first notification and are replacing them today with expanded usecases. To be clear there should be NO shared content between our work for clients and those of third parties - someone messed up and we are trying to find out who was responsible.

With respect to the scaling, the crowdsale rewards early adopters - who are likely to be smaller and individual than businesses who typically support in the middle of the sale and low risk institutional funders who are likely to be towards the end of the sale if at all. The Crowdsale site at deos.io will be up today and will contain the DeOS Whitepaper and specific DeOS use-cases for business. The DeOS Demo is slated for 1st of August and we are attending Fintech 2016 this week to answer questions on DeOS. I hope this helps.

Kind Regards

DeOS Team

Razormind
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July 18, 2016, 11:11:32 AM
 #16

Until we hear a thorough and verifiable explanation for the copy/paste webpages, I'm staying far away from this one.
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July 18, 2016, 12:37:41 PM
 #17

Thank you for your questions. Razormind had absolutely nothing to do with the 'Razorcoin' altcoin. We created a blockchain services company called Razorcoin.com several months before some random group decided they liked the name and launched an altcoin with it. DeOS is not an ICO - the tokens are not investment vehicles and we actively discourage people from purchasing them if people indicate that is why they are considering buying them.

The screenshots are more troubling and we've had reports of duplication since yesterday - we pulled the pages at the first notification and are replacing them today with expanded usecases. To be clear there should be NO shared content between our work for clients and those of third parties - someone messed up and we are trying to find out who was responsible.

With respect to the scaling, the crowdsale rewards early adopters - who are likely to be smaller and individual than businesses who typically support in the middle of the sale and low risk institutional funders who are likely to be towards the end of the sale if at all. The Crowdsale site at deos.io will be up today and will contain the DeOS Whitepaper and specific DeOS use-cases for business. The DeOS Demo is slated for 1st of August and we are attending Fintech 2016 this week to answer questions on DeOS. I hope this helps.

Kind Regards

DeOS Team

Razormind


Why do you have razorcoin in the cointelegraph interview here:

http://cointelegraph.com/news/uk-based-razormind-emerges-as-blockchain-rival-to-ethereum-microsoft-ibm-and-eris


Quote
“Your readers may remember we built the first digital currency factory - Razorcoin - and started selling custom digital currencies, with their related clients, seed nodes, enterprise APIs etc. to businesses directly. I’m glad to say we built the first version of IrishCoin which was featured in the Wall St Journal. Our motivations were clear - we wanted to make blockchain accessible and safe to use for everyone.”

We need some clarification on this.


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July 18, 2016, 12:56:40 PM
 #18

Why do you have razorcoin in the cointelegraph interview here:

http://cointelegraph.com/news/uk-based-razormind-emerges-as-blockchain-rival-to-ethereum-microsoft-ibm-and-eris

We need some clarification on this.

Yeah, that's a very good question. There is even a link to the RZR's thread in the article.

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July 19, 2016, 03:23:07 AM
 #19

The screenshots are more troubling and we've had reports of duplication since yesterday - we pulled the pages at the first notification and are replacing them today with expanded usecases. To be clear there should be NO shared content between our work for clients and those of third parties - someone messed up and we are trying to find out who was responsible.
Even if you claimed that you worked for Akamai previously, you shouldn't rip the content from their website and use it as your own. I am talking about the support page, SLA document on your site, they are still there.
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July 23, 2016, 07:05:45 PM
 #20

Found out info about Razormind and DeOS ico in 2 Cointelegraph articles.

After 30mins due diligence I'm 100% sure this is scam.
I wonder how Cointelegraph let these bullshit articles to be on their website. (Author: Niall Maye)
https://cointelegraph.com/news/razormind-targets-ethereum-by-crowdfunding-deos-blockchain-on-july-15
https://cointelegraph.com/news/uk-based-razormind-emerges-as-blockchain-rival-to-ethereum-microsoft-ibm-and-eris

1.
Company Razormind has been registered twice.
1st time on 22.04.2014, dissolved on 01.12.2015 via compulsory strike-off:
https://beta.companieshouse.gov.uk/company/09005214

2nd time (current): 19 feb 2016 (5 months ago)
https://beta.companieshouse.gov.uk/company/NI636534

2 shareholders\owners.
Statement of capital on 2016-02-19, GBP=1 - https://[Suspicious link removed]/kBsD0D
Serious capital, enterprise solutions, yeah.

As I understand, you can register a company in UK over the internet, providing owners, shareholders and company data + 12 pounds fee.


2.
Website razormind.co.uk looks very cool, but almost all of the content is copied form other sources.


3.
The owner of the company has not been seen in public by anyone.
No photos or public profiles of the team etc also. Even though the article in Cointelegraph states that Razormind has 260 employees


4. Twitter account @Razormind also looks cool and has over 15000 tweets.
Most of them are tweets copied from other sources.
And if you manage to scroll down to the first tweet, you can see that account has been created on 29/03/2016

BTW, @Razormind blacklisted me right after my tweet about DeOS scam Smiley


5. No escrow for ICO funds.
You need to send an email to deos@razormind.co.uk to invest to the ICO. After that you receive an email with "uniquely generated BTC Address" to invest. Oooook.
Also, you can have bonuses as a wise early fintech adopter! Quote from the answer email:
"Some perks for funders:
       *  2 BTC an email thank you written personally by CEO Jawad Yaqub
       *  5 BTC the above plus a tweet from @razormind to say thank you.
       * 10 BTC Dinner with Razormind
   * 75 BTC DeOS Foundation Membership"

Hell yeah! Dinner, beeatch!



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