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Author Topic: [ANN] [EON] EXSCUDO - ICO successfully finished!  (Read 357258 times)
TronQuix
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May 14, 2017, 11:43:33 PM
 #1581

POTENTIAL WARNING ABOUT THIS ICO

On the official company register in Estonia: https://www.inforegister.ee/en/14172383-EXSCUDO-OU (the address is the same and one board member is the same)

Questions:

1. Andrew Zimine CEO, founder and Alex Sitnikov CTO, do not appear to be board members on the company registration page : https://www.inforegister.ee/en/14172383-EXSCUDO-OU only Julian Kossinov - CFO appears. He is mentioned in this document https://exscudo.com/Crowdsale%20Prospectus.pdf as the CFO. Why aren't the CEO and CTO board members? (They claim they are the founders) This is important because any board member has access to the company funds (including Bitcoin)

2.Why is the contact email mentioned in the link above "@gmail.com" not @exscudo.com?

3.Who is Reine Laidsaar? How come he is not mentioned anywhere on exscudo.com?

In this document we have: https://exscudo.com/Crowdsale%20Prospectus.pdf
"The prototypes and alpha version of the EON Blockchain Platform and some of products of Exscudo Ecosystem have been already completed. By the date hereof, internal tests and development of the Exscudo and EON are ongoing."
4. What is the evidence of the above statement, interviews with the developers, screenshots, sample code?
5. Has the development happened before the company was incorporated?  which was on the "20.12.16"
6. Can this development be done with the basic capital of 2 500 EUR?

--An email was sent to the CFO informing him of this message.
Please make this post with using your real account, dont use with Brand New / Newbie.
I think this is just troll.

In addition to the above I have two other points:
The copyrights are to a Russian called "Klarus" (https://exscudo.com/ico/documents/Blockchain%20Proprietary%20IP%20Certificate.pdf), this is different from the company the one listed in the crowd sale prospectus document which is Exscudo OU (the “Exscudo OU”). What is the relation between the two? Why doesn't exscudo own the rights.

In addition why is the Exscudo slack closed?

You cannot answer all the above question with just the word: troll. Did you look at the links? Did you verify the info I have listed above? Which part of the above do you not agree with and why?

Why are you avoiding having an adult conversation about this? - I would like to invest but I check what I am getting into first. Hope Exscudo can answer these questions. How come they are not here anyway?

I will start by saying I am not affiliated with Exscudo in anyway, I have made mild preliminary investment but not much, so I do have stake in this ICO.

1) If you refer Section 2 Item 8 CUSTODY OF CROWDSALE PROCEEDS
All the crowdsale proceeds received by the Exscudo OU during the Payment Window will be under the custody of multi-signature wallet of Bitcoin respectively (three out of three signatures are required to execute any payment from such wallets). The keys to that multi-signature wallet will be controlled by board of the Exscudo OU. The board now consists of 1. Andrew Zimin - CEO, Founder; 2. Alexey Sitnikov - CTO, Founder; 3. Julian Kossinov - CFO.

2) The @gmail part could further explain my point in number 3 below that it is a 3rd party not even associated with the company.

3) Reine Laidsaar? I don't know, however if you look this person appears to be connected to a handful of other organizations with Julian Kossinov so this very well could be some sort of extension of CFO.

4) I do not have the answers to this question other that what has been provided already. I would ask you this "if all of the things you mention were show to us, would it change your opinion?"

5) What difference does this make? I would argue it probably has which will be supported by my next statement.

6) Klaus may have been the company that developed this property technology, and Exscudo is the one who is licensing it. I would argue this is probably a protective measure on the part of Klaus. Although crypto is gaining in popularity it is still HIGHLY risky and falls into highly unregulated territory, this provides an easy way for Klaus to distance themselves from the project should something go south.

7) I dont have anything to add about Slack, we don't deserve access to that, that up to the company.

My last and final point I will say, these are a MASSIVE risk. You as a potential investor are taking that risk by participating in an ICO. You also have the potential for fantastic rewards. If you want everything to be laid out in front of you, to have every document available, have regulation on your side, go buy stocks and mutual funds, its a much safer investment than crypto.
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May 15, 2017, 12:46:08 AM
 #1582

i am look exscudo terminal trading is first in cryptoworld very fantastic , this feature very interesting with trader.
TheGodFather
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May 15, 2017, 01:10:12 AM
 #1583

Im just want to ask , why does I dont have stakes in the spreadsheet? I have just completed my 15posts a week, I started joining this campaign on april 28 but still I dont have the weekly stake, why did I do wrong? can anybody enlighten me? Thanks for your understanding
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May 15, 2017, 01:22:25 AM
 #1584

Im just want to ask , why does I dont have stakes in the spreadsheet? I have just completed my 15posts a week, I started joining this campaign on april 28 but still I dont have the weekly stake, why did I do wrong? can anybody enlighten me? Thanks for your understanding

When i check the spreadsheet and also find the problem and post here but no any response. Could the team help to check? Thanks in advance.

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May 15, 2017, 04:00:50 AM
 #1585

They said have a big team. So no one of you see they are totally out of comunication?!! I just think they are somewhere on the beach whith 1500 btc from investors.
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May 15, 2017, 04:52:30 AM
 #1586

I hope, when this ico runs, it costs at least 3x the price of ico  Grin
Well, that is my hope, but maybe it will be more, because this is ico project which has a very good concept.
i think it depends on market when this coin launch.if people hold and not sell their coins it can help the price to raise and 3x price of ico is easy to get

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aisyah88
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May 15, 2017, 05:01:44 AM
 #1587

I hope, when this ico runs, it costs at least 3x the price of ico  Grin
Well, that is my hope, but maybe it will be more, because this is ico project which has a very good concept.
i think it depends on market when this coin launch.if people hold and not sell their coins it can help the price to raise and 3x price of ico is easy to get
But it's hard to see where many prize hunters seem to be able to lower the price of dumper on the price, so the solution is to wait for a few weeks, for the bounty hunters to throw their tokens at the lowest price ...
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May 15, 2017, 06:48:17 AM
 #1588

I hope, when this ico runs, it costs at least 3x the price of ico  Grin
Well, that is my hope, but maybe it will be more, because this is ico project which has a very good concept.
i think it depends on market when this coin launch.if people hold and not sell their coins it can help the price to raise and 3x price of ico is easy to get
But it's hard to see where many prize hunters seem to be able to lower the price of dumper on the price, so the solution is to wait for a few weeks, for the bounty hunters to throw their tokens at the lowest price ...

Yes now there are very many who play altcoin prices, If getting altcoin from bounty, better kept or in hold within 1-2 weeks.

exscudo (OP)
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May 15, 2017, 07:15:07 AM
 #1589

this is in the slack



there is only one serious question

[12:52]
show us that over 4 million dollars were already invested by the founders

[12:52]
show us your past track of progress of tech advance

[12:53]
there must be great tech ready to go for 4 years and 4 millions spent already

Hi!

show us that over 4 million dollars were already invested by the founders - > You're very welcome to visit one of our offices, we can show you the account books personally.
show us your past track of progress of tech advance -> Like the demo video of Channels app (https://www.youtube.com/watch?v=Ec3LzMjyN38) and the intellectual property rights documents published on https://exscudo.com/ico/?
there must be great tech ready to go for 4 years and 4 millions spent already -> again, please refer to section 'Documents' on our ICO page for verification.
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May 15, 2017, 07:25:01 AM
 #1590


come join us exscudo
Let's 2.5% bonus will run out in a few hours
Before the end of the bonus, I will expect we can at least have 3 million dollars, we are far from the expected,
more investment will help the developers makes progress on this.

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May 15, 2017, 07:32:04 AM
 #1591

PROJECT ICO has received 1.416 BTC funding.
If you can know what is the minimum funding of exscudo sir ?

Yes, the minimum amount was 1000 BTC. We have already raised it.

Can we see any screen shots of the current software?

Yes, you can even watch a demo video of the app: https://www.youtube.com/watch?v=Ec3LzMjyN38

what is the ico target?is the ico successful?

The minimum target is 1000 BTC, the maximum target is 30000 BTC.

I think price per coin is kinda high, so I'm gonna just wait until it's traded on an exchange and hope for a dump.

Please refer to this article, the price is not as high as it seems: https://blog.exscudo.com/exscudo/how-many-eon-coins-do-you-actually-get/

some one please tell me when they will release EON Token for buyer ?

The EON coins will be available after the blockchain launches. It is planned for end of May/beginning of June. ICO and Bounty campaign participants will receive the coins in a couple of weeks after the ICO ends.

Devs


I want to ask another question.

I have joined to facebook campaign and shared/follow all posts. Thats all? Or there is another conditions too? Tongue

You only need to share the posts that we have marked with #ICOexsc.

why no basis eth ?? this is a good
basis eth all suport and legit investor big

Exscudo uses an own blockchain. It is called EON, and it is flexible, secure and small. Please watch this video to learn the details: https://www.youtube.com/watch?v=i1YGtTTn2C4

To Dev :

is there any way to change passsword at ICO Web Dashboard ?

im looking arround but can't find button to change my password

Thanks

Yes, you can press 'Forgot password' at the log in window, then you'll receive a confirmation email and you'll be able to set a new password.
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May 15, 2017, 07:41:12 AM
 #1592

POTENTIAL WARNING ABOUT THIS ICO

On the official company register in Estonia: https://www.inforegister.ee/en/14172383-EXSCUDO-OU (the address is the same and one board member is the same)

Questions:

1. Andrew Zimine CEO, founder and Alex Sitnikov CTO, do not appear to be board members on the company registration page : https://www.inforegister.ee/en/14172383-EXSCUDO-OU only Julian Kossinov - CFO appears. He is mentioned in this document https://exscudo.com/Crowdsale%20Prospectus.pdf as the CFO. Why aren't the CEO and CTO board members? (They claim they are the founders) This is important because any board member has access to the company funds (including Bitcoin)

2.Why is the contact email mentioned in the link above "@gmail.com" not @exscudo.com?

3.Who is Reine Laidsaar? How come he is not mentioned anywhere on exscudo.com?

In this document we have: https://exscudo.com/Crowdsale%20Prospectus.pdf
"The prototypes and alpha version of the EON Blockchain Platform and some of products of Exscudo Ecosystem have been already completed. By the date hereof, internal tests and development of the Exscudo and EON are ongoing."
4. What is the evidence of the above statement, interviews with the developers, screenshots, sample code?
5. Has the development happened before the company was incorporated?  which was on the "20.12.16"
6. Can this development be done with the basic capital of 2 500 EUR?

--An email was sent to the CFO informing him of this message.

Hello,

1. When the company was established, it was impossible for legal reasons to include Andrew and Alex as board members. Now the company is going through a couple of legal procedures, so that Andrew and Alex are able to be listed as Board Members. This will happen in June-July, when all the legal stuff is completed.
2. I do not see a problem in this. Julian manages a couple of projectes and prefers to have urgent email to be sent to his personal inbox.
3. Reine Laidsaar is a nominee director. We needed a person to be always present in Estonia to solve all the legal questions when the company was established. Reine is dealing with this issues.
4. Please refer to these intellectual property rights docs: https://exscudo.com/ico/documents/Blockchain%20Proprietary%20IP%20Certificate.pdf and https://exscudo.com/ico/documents/Exchange%20Proprietary%20IP%20Certificate.pdf as well as this video: https://www.youtube.com/watch?v=Ec3LzMjyN38
5. The development and the establishment of the company are not interdependent. You can develop a code without having a company, you just need developers, PCs and internet connection. Smiley
6. Andrew Zimine has invested over 4 mln USD into the development during the last 4 years. The basic capital of the Exscudo OÜ company is a different thing.
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May 15, 2017, 07:43:23 AM
 #1593

Quote
Quote from: Azkabal on May 13, 2017, 07:07:31 PM
Devs


I want to ask another question.

I have joined to facebook campaign and shared/follow all posts. Thats all? Or there is another conditions too? Tongue

You only need to share the posts that we have marked with #ICOex
Not older than 5 days
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May 15, 2017, 07:56:19 AM
 #1594

Quote
Quote from: Azkabal on May 13, 2017, 07:07:31 PM
Devs


I want to ask another question.

I have joined to facebook campaign and shared/follow all posts. Thats all? Or there is another conditions too? Tongue

You only need to share the posts that we have marked with #ICOex
Not older than 5 days

You need to wait till the bounty calculation happens on Friday for your account details to reflect.All the bounty campaigns here are updated on Friday,you can read this on the first page of this thread.


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May 15, 2017, 08:03:36 AM
 #1595

I can't even join the Exscudo Slack channel. 'Invite limit reached'. Of all the ICOs I've invested in, this is the only one I have little faith in. Too bad I rushed to invest. The team barely responds to concerns here which makes the situation even more fucked up! Glad I put very little cash into this project just in case they disappear into thin air with everybody's money.

Please use this link to enter the Slack channel: https://exscudo-talk.slack.com

I can't even join the Exscudo Slack channel. 'Invite limit reached'. Of all the ICOs I've invested in, this is the only one I have little faith in. Too bad I rushed to invest. The team barely responds to concerns here which makes the situation even more fucked up! Glad I put very little cash into this project just in case they disappear into thin air with everybody's money.
seems they already dissapear. No serious project. I bought just 200 coins. But wanted 2 btc. Glad i did not.

You can join our slack channel, we are more active there on weekends. Smiley https://exscudo-talk.slack.com

Is it too late to invest in exscudo?
Everyone is talking about the current exscudo, especially the social media

Sure, the ICO runs until May 31. If you invest today, you can still catch the 2.5% bonus.

What is the price for EON?

1 EON = 0.0002 BTC

In addition to the above I have two other points:
The copyrights are to a Russian called "Klarus" (https://exscudo.com/ico/documents/Blockchain%20Proprietary%20IP%20Certificate.pdf), this is different from the company the one listed in the crowd sale prospectus document which is Exscudo OU (the “Exscudo OU”). What is the relation between the two? Why doesn't exscudo own the rights.

In addition why is the Exscudo slack closed?

You cannot answer all the above question with just the word: troll. Did you look at the links? Did you verify the info I have listed above? Which part of the above do you not agree with and why?

Why are you avoiding having an adult conversation about this? - I would like to invest but I check what I am getting into first. Hope Exscudo can answer these questions. How come they are not here anyway?

Clarus is a software development business owned by Andrew Zimine: https://clarus.tech/ The company is conveying the IP rights to Exscudo OÜ once all the legal procedures are successfully finished. As you have mentioned, Exscudo OÜ was registered in 2016, but the development began 4 years earlier. Obviously, we have used another company to pay taxes and salaries during this time.
Slack is not closed: https://exscudo-talk.slack.com

I could not solve the message of main title to ico. Ico is work all over the world.Translators are assigned for this job.For example someone who sees the ico heading in x country.What will he do if   does not speak english? 

Most browsers have an in-built translator. Smiley English is the language of international communication. People who have difficulties can also refer to local threads on Bitcointalk, for example. It is impossible to translate the homepage to all languages in the world.
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May 15, 2017, 08:12:35 AM
 #1596

By all means and points Exscudo is huge project to play the role of bridge between crypto and fiat and by providing well recognized cards facility to customers. There have been some attempts in past but those were not fully implemented well. Exscudo is trying to bring really nextgen financial ecosystem to the world. EON token will be worth much more than offered price once the platform will be fully functional.


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May 15, 2017, 08:26:18 AM
 #1597

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Reine Laidsaar is a nominee director.
? Why is he not listed as part of the team when you added him as a representative. EXscudo seem to have gathered 2 Million USD already, has your minimum funds achieved already?

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May 15, 2017, 08:31:10 AM
 #1598

1500 btc to pass very little left. Small investors, with the investment rate will be very low. Medium and Large the need of the investor to this project .


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May 15, 2017, 09:04:10 AM
 #1599

Quote
Reine Laidsaar is a nominee director.
? Why is he not listed as part of the team when you added him as a representative. EXscudo seem to have gathered 2 Million USD already, has your minimum funds achieved already?

Reine is not listed anywhere because she is not a full member of the team. She is a nominee director that manages the legal issues of Exscudo OÜ. The Board members will change within 1-2 months, as said.
Yes, the minimum funds were 1000 BTC.
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May 15, 2017, 10:56:02 AM
 #1600

1500 btc to pass very little left. Small investors, with the investment rate will be very low. Medium and Large the need of the investor to this project .

Still there are around 15 days in the project and I predict around 3000 btc would be collected for sure.Lunyr project also was struggling to reach its minimum cap but passed that stage before 7-10 days closing of the ICO.
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