This scam accusation is about TaaS bounties and also some suspicious activities by them.
They promised to pay 2% in bounties-
A total 2%, but not less 100,000 (equal of 100,000$), of the TaaS Tokens sold during ICO are reserved for the whole Bounty Program (the Bounty Pool can be increased if we cross the limited target).
The Bounty Pool Divided as Below:
1: Facebook Bounty: 10K Taas Tokens
2: Twitter Bounty: 10K Taas Tokens
3: Email/Website Subscriber Bounty: 5K Taas
4: Signature Campaign 30K Taas
5: Blog Article and Media: 20K Taas
6: Translation Bounty: 20K Taas
7: Slack Joining Bounty: 5K Taas
Total TaaS sold in ICO were around 8,000,000 . so bounty pool should be around 160,000 TaaS.
Now here's what Campaign manager is saying now-
only 100,000 TaaS tokens will be paid for bounties. 2% was reserved for all bounties, included press releases, icolisting sites.
https://bitcointalk.org/index.php?topic=1775766.msg18991230#msg18991230It is clear that either Taas team or Jamal has taken those extra Taas for themselves.
If they were already planning to give bounties for press releases and ICO listing sites, how would they have paid them if Taas ico didn't sell 5,000,000 Taas in ico.
Press releases are either by team of taas or by companies like Coin telegraph, etc. Companies like Cointelegraph won't charge anything from you. And you shouldn't be paying anything to your team for press releases (you promised that Taas team will never hold any Taas)
Afaik, you'll need to pay for publishing articles only on non brsites. Most of branded sites do their own research and publish it. sites
This all is a fake reason for getting some free TaaS for themselves.
If you really paid anyone for press releases and ICO listing then make the information public. (Atleast aggregate data)
On Google searching 'TaaS' you'll only get a few press releases (most of the articles are under category ofof blog bounty) and a very few IcO listing sites. In total , they are maximum around 10 press releases and IcO listing. So you paid 60,000 for these tenten. This means you paid $6000 for each press release or ico listing. That is BS.
It's not only a scam with bounty hunters but also with investors. Most probably they are holding taas themselves or have already sold those extra taas.
For scamming investors, they also did another thing. While the ICO was going on they showed the number of TaaS sold till that time. But removed the data of number of Taas sold in ICO after it ended.
ICO was over on 27 April. They sent some Taas after the ICO got over. These were probably the Taas given away to their team/relative for free. And this was the reason they removed the number of Taas sold from their webpage.
Check the transaction here-
https://etherscan.io/tx/0xa101cbfbf7555d3ba3c16765f3c8bb0cf1b46b439b92bc1eedb1b631caa38f61There is an external audit coin on by grant Thornton (never heard their name).
Other than that , not all bounty has been claimed in Slack/Telegram bounty. (There were not enough participants) This too will go into their pockets.
Jamal Aezaz was the bounty manager of TaaS. Here's what he has said.
I do not have control to any funds and tokens.. I am just their manager, and My job is to manage bounties not make payouts. so please don't include me any scam. which I am not.
But want to clarify my position so here is the truth:
"I've already asked Dimitri the co-founder of TaaS about that, after end of ICO, I've asked him and tried to remind that the bounty pool should be 2% as of the bounty payment term (the terms was written by himself) but he said only 100K will be paid for bitcointalk bounties, because 2% was fixed for all bounties not only bitcointalk bounties (conferences and news promotion) . now I don't know what kind of conferences are part of bounties. and where they've (or they want to) spent other part of bounty funds."
here is the log:
https://imgur.com/a/DUuXGhttps://i.imgur.com/NBvwXEU.png(You can see the date)
The final word is : if incase TaaS owners trying to scam users, I am not part of them, nor I am supporting them, I already tried to remind and explain them.. and I've just sent him a message now. and will try to bother him even more, that's all I can do, hope they'll clarify this.
Even I myself didn't got paid yet for my management work.
Thank You.
After this, we are waiting for response from Taas team.
Please add more things if you think I missed any. I'll too add more in future.