Substratum ICO - August 7-September 7 (Pre-Sale with Bonuses Available Now)

[thejokerau]

nothing to do with referral and smart contract. lol..Its been manually paid from single wallet. They said in slack "we have automated it and it should be 400% quicker"..automation doesn't take 4 hour breaks..Funny how out of my whole piece, you only argued about referral payments. The whole ICO is AMWAY and your peddling an unknown product for bonuses.
So we have devs that are going to create theoretic mecca of Internet, the holy grail, but cant overcome a single variable - the referral code. Hash tables, lists, tuples...auto payout a standard rate, and sort referral out after...something innovative...anything...something..but nope..a single variable with a referral code has killed automation..

[Iruwen]

If anybody else is just looking for the right way to access their slack:
https://twitter.com/SubstratumNet/status/901925441065373697

[Mecharelaxo]

If anybody else is just looking for the right way to access their slack:
https://twitter.com/SubstratumNet/status/901925441065373697

thx for that link! I was waiting since 5 days now for my tokens, but after I PM'd the admin there with all the required information, I got my tokens within a few minutes.

[krypt0n1]

If anybody else is just looking for the right way to access their slack:
https://twitter.com/SubstratumNet/status/901925441065373697

thx for that link! I was waiting since 5 days now for my tokens, but after I PM'd the admin there with all the required information, I got my tokens within a few minutes.

For some reason they are distributing the tokens manually. Even though it seems like everyone is eventually getting their tokens, many users are having to request theirs multiple times in the slack, after excessive periods. I'm very curious why this isn't going through a smart contract.

[alexberezov]

What about the bounty campaign? is there?

[mt55]

• Not received my coins
• the slack link don't work on their twitter
• The "proper" slack channel https://substratumcoin.slack.com link posted here requires a @ovri.de email address so good luck getting into it
• There's another thread showing faked screenshots of their product - Just google "bitcointalk substratum Scam"

Take it or leave it to make an informed decision.

Compare the rate of Eth deposits vs token issues from their wallet: https://etherscan.io/address/0xaf518d65f84e4695a4da0450ec02c1248f56b668#tokentxns

There's been around 120 deposits in last 24 hours and 1 lot of tokens issues in that same period. And these people are going to code the new internet? God help us all! lol

Is this still the situation? If you confirm that once more I think that would be the worst sign that could pop up that this is a scam. Please keep us posted.

Took 8 days and 2 emails and a tweet to their twitter account and finally I got my subs. Obviously not a good sign and not too many updates out yet but as it was my first ico made a really small contribution. Hope they click though..

That doesn't sound too great... Hope things will be turned around and the devs become more responsive.

[franc0]

I haven't heard a guy that didn't receive the tokens yet. They are doing manually because the HAVE A REFERAL BONUS SYTEM so they opt out for an automatic smart contract distribution. Please change the subject, this is boring.

[mescalito]

I'd like to see a video showing the product in use

[cryptounicon]

People been getting their tokens in a timely manner now. I see the project as a very ambitious undertaking but I think the team can do it. Especially with the amount of funds raised thus far.

[n3rd]

Haven't received my tokens yet....

Can you provide me correct slack link so i can go ask for them

[maot4]

Subscribed 2 days ago and yet to get my tokens, seems a lot of people who subscribed on 3rd are yet to get theirs too based on looking at the contract on etherscan, what is the eta please

[Space3003]

Just got my SUB tokens in MEW after 3 days inc bonus

[icomap24]

Hi!
How about bounties?

[n3rd]

5 days, no tokens..Slack invite please

[gosker]

This project has the all the red flags.
*took days for payments to occur and users are advised to join slack to ensure payment...wtf - payment should occur in timely fashion and should not require ppl to follow up

*Timelines and bonuses have now been changed so many times

*Business registration found here https://www.flcompanygo.com/Substratum-LLC-L17000175117/ was created 4 days after ICO and only states Justin and Kelly Tabb as authorised reps - no mention of Kelly on whitepaper. Legally SUB is husband and wife venture.

*Domain only recently registered and only registered for 1 year

*Review of partner profiles of previous business ventures all seem to go quiet for last 4 years - what have they currently achieved?

*Apart from doctored images on theoretical product, as a systems admin I want to know how they intend to distributive DNS,LAMP, etc in a secure manner...not one actual piece of code or actual technical aspect elaborated. When I spoke to partners in Linkedin, impression is they have not started with your project yet - again, where's product if team hasn't yet collaborated. It was divulged that crytography is yet to occur and SUB will be hiring after ICO - meaning you need funds to develop and not yet existent product.

*It was also mentioned in slack SUB will be at @SCALE...but event guide suggest SUB wasnt presenting.

*So much deception at worse, and half truths at best.

*The SUB wallet used for payments also has CVC and ETT, whilst also storing 3 mill in eth (not cold storage), and I have highlighted security implications - its like they want the excuse "we got hacked" as per https://etherscan.io/address/0xaf518d65f84e4695a4da0450ec02c1248f56b668#tokentxns

The bonus system is a sham. Not using contract to set limits means free tokens are been printed up to a rate of 30% per transaction. This will have implications on price as bonuses are not constrained.


I challenge SUB team to show a beta now, show a group photo of everyone together maybe, show something apart from theory..I also challenge SUB to have its ICO audited by independent auditor as many other ICO's do.

When i raised some of these issues in slack, I was booted..So if someone has legitimate concern, dont raise it with the "founders" otherwise you will be exiled from this cult.

They even claim to be new "web 3.0"...lol...this is theoretical valhala thats still far away..
Cuba is very close to florida.....

Thanks for putting this together. Everybody needs to check the badly photoshopped image, which is claimed to be a screenshot: https://bitcointalk.org/index.php?topic=2100308.0

[n3rd]

6 Days no tokens....

Can someone give me a working slack invite?

How do i come in contact with those people?

[Andrew Wickwire]

If you're freaking out and feel like you've lost something, you are probably finding out what your testicular fortitude in investments is. Every new company, especially new ones have growth pains that are almost always brought on by growing fast and needing to learn how to respond to the fast growth. The gents running this business are not known for, have never worked on, and could probably care less about being a social media platform so that "you can feel good about your 0.03ETH investment" (no offense intended). They are developers. They are experienced. They are real people with real lives that started this real project as a side project which has gained traction. Yes, It would be more ideal to have had a good community manager to handle all the queries (like we saw with BNT/OmiseGO/Etc...THose companies had TONS of people & time to develop/launch their sites. Substratum dev has literally taken and idea, toyed with it, and are getting exposure. Yes, they do need to get their shit together in some ways - but that has NOTHING to do with where they will follow through with this or not.

There are plenty of us who are legally "inclined" (and, invested) which lends itself to another reason for them to be careful. They've published enough info publicly that they will be held liable. I'm only saying this to maybe provide some level of comfort to those of you who literally appear to be crying on your keyboards. This is NOT China. We do things different here legally in America.

[cryptounicon]

We just got a $5 million investment from another payment processor. Prepare to get excited about the future developments coming soon for Substratum. There's still time to get in on the ICO before its finished.
'

[maot4]

Is this ICO still open or was it closed on 7th September, the website is still showing a 1 day tracker so I'm a bit confused.

[Space3003]

Extended ICO period again?. yesterday only 1 day to go (block 3), now another 4 days? block 4,same price token.
https://substratum.net/ico/