Bitcoin Forum
October 19, 2017, 11:17:55 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Substratum ICO Scam  (Read 11824 times)
substratumisascam
Newbie
*
Offline Offline

Activity: 3


View Profile
August 18, 2017, 06:23:19 PM
 #1

Substratrum has NO product they literally took screenshots of iStat Menus for Mac and Photoshopped it.

Substratum vs iStat Menus app: https://imgur.com/a/bBGKX

There is a higher resolution of their photoshopped screenshot on their website (they forgot to disable directory listings): https://substratum.net/wp-content/uploads/2017/08/note_tray_mac_light_zoom.png (mirror in case they delete it: http://i.imgur.com/dUsvoUO.png)

EVIDENCE:
http://i.imgur.com/m59cHeV.png
http://i.imgur.com/scNng0a.png

Someone made a reddit thread asking Why it looked the same as iStat Menus: https://www.reddit.com/r/CryptoCurrency/comments/6u4lkv/caution_substratum_ico_rippedoff_designs_of/

When asked about it in their slack, this was their response:

“Hello tradecryptos--
Substratum is most certainly not a scam and I appreciate you saying it isn’t. The screenshots you see are actually screen captures from our MVP proof of concept running and were done by developers not designers and as most technical people know people who are great at one are not great at another so we did base our internal alpha off of iStat because at the time we were just trying to see if we could actually make the underlying structure work because that is the REALLY HARD part of this project at least since we are changing the way the internet connects.
We have brought a Design Lead on now and are TOTALLY redesigning the User Interface from the ground up so what you see in version 1 at the end of the year will look almost nothing like what you see here other than the options that you see will still be there.
Thanks for taking a look!” (screenshot of this: http://i.imgur.com/zhgLqy6.png)

THIS RESPONSE WAS MADE BEFORE THEY KNEW THAT I FOUND A HIGH RESOLUTION SCREENSHOT ON THEIR SITE AND PROVING IT IS IN FACT PHOTOSHOPPED AND NOT SIMPLY A "proof of concept running and were done by developers not designers".


Guys this ICO scam has already made off with nearly $2 million!
Also, I made this post in their ANN thread, but a mod deleted it!  Here is their ANN: https://bitcointalk.org/index.php?topic=2054963.0
1508411875
Hero Member
*
Offline Offline

Posts: 1508411875

View Profile Personal Message (Offline)

Ignore
1508411875
Reply with quote  #2

1508411875
Report to moderator
1508411875
Hero Member
*
Offline Offline

Posts: 1508411875

View Profile Personal Message (Offline)

Ignore
1508411875
Reply with quote  #2

1508411875
Report to moderator
1508411875
Hero Member
*
Offline Offline

Posts: 1508411875

View Profile Personal Message (Offline)

Ignore
1508411875
Reply with quote  #2

1508411875
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
MrUnconventional
Newbie
*
Offline Offline

Activity: 8


View Profile
August 19, 2017, 10:32:19 PM
 #2

These icos get more ridiculous by the minute.

Nice find.
lukout
Newbie
*
Online Online

Activity: 9


View Profile
August 20, 2017, 04:32:25 PM
 #3

Why cant I get in touch with them?
 Why tokens were not sent to MEW its been 48 hors now?
Anybodt received their tokens?
ShivaBalaji
Newbie
*
Offline Offline

Activity: 2


View Profile
August 22, 2017, 05:46:29 PM
 #4

6th day and no tokens received. I believe the managers have absconded with the money and this is a scam. Someone report them to the authorities please. Let's see how far their $2 million will take them with a class action lawsuit.
wooky321
Newbie
*
Offline Offline

Activity: 2


View Profile
August 22, 2017, 06:02:47 PM
 #5

Not received mine either, they are sending them, you can see on etherscan

https://etherscan.io/address/0xaf518d65f84e4695a4da0450ec02c1248f56b668

but still feels fishy...
PinguQ
Jr. Member
*
Offline Offline

Activity: 43


View Profile
August 22, 2017, 06:23:30 PM
 #6

For me it's also been 6 days now.
And their e-mail addresses are not working anymore?
wooky321
Newbie
*
Offline Offline

Activity: 2


View Profile
August 22, 2017, 06:29:14 PM
 #7

They're are quite active on Slack. Just said they are dealing with TX before the 18th August at the moment. Busy busy!
manosteel211
Newbie
*
Offline Offline

Activity: 2


View Profile
August 22, 2017, 06:32:03 PM
 #8

Lead is suppose to be a pastor at a church.  Twitter account is from 2008 but nothing about substratum on it.  If you look at the ether address they have a ton of SUB coins, half a billion.  They have been going out really slowly but haven't for 15 hours writing this reply.  Here is the ether scan address.  https://etherscan.io/address/0xaf518d65f84e4695a4da0450ec02c1248f56b668.  Maybe scam maybe not but there is ether moving out of the account not much from what i looked at. Also slack not active anymore.  Anybody have a link?
Slow death
Hero Member
*****
Online Online

Activity: 616


Need a Campaign Manager? https://goo.gl/qpZyp7


View Profile
August 22, 2017, 07:02:52 PM
 #9

Project Leads

Justin Tabb


Justin@substratum.net

Solutions Architect




https://www.linkedin.com/in/justintabb/


Over the last 10 years Justin has lead development teams on projects such as
training.apple.com, consultants.apple.com, Event Software for Facebook, Event
Software for OpenStack, Theme Park Software for Disney, Election Software for 2008
Presidential Campaign and many many more.



Abram Cookson

abram@substratum.net

Lead Software Developer



https://www.linkedin.com/in/abramcookson/


Husband, Father, Owner, Small Business Experienced, Idea Man, Consultant,
Technical Lead, Application Developer, Architecture, Comedian
Specialties: Cloud Solutions, Agile, Modeling, Architecture, Search Engine
Optimization, Web Standards


Jason Wollam

Jason@substratum.net

Senior Software Engineer




https://www.linkedin.com/in/jasonwollam/


• C#, ASP.NET, and ADO.Net including ASP.NET MVC 4, WinForm and Web API
for web services.
• TDD and SOLID concepts for building scale-able OOP
• implementations.
• JavaScript for full stack and browser based applications using Node.js and
common libraries.
• Single Page & Front-end development using and MVVM JavaScript with
Backbone.js



Kevin Marois


kevin@substratum.net


Senior Software Engineer


https://www.linkedin.com/in/kevin-marois-40682611


Over 30 years of professional software development experience, including clientserver
enterprise level applications, retail, POS, and military use applications

Jason Burns


jasonb@substratum.net

Design Lead

Head of Design with 10+ years of design experience of eye catching campaigns with
high conversion rates and software design for systems that maximize ergonomics
and ease of use.


Michael Stockwell


Michael@substratum.net

Advisor



https://www.linkedin.com/in/stockwellmichael/


Michael is the owner of FizzPow Games, the creator of Bitcoin Billionaire, an
accomplished developer and an experienced cryptocurrency investor and is serving
as an advisor for Substratum.

source: http://substratum.net/wp-content/uploads/2017/07/substratum_whitepaper.pdf




Lead is suppose to be a pastor at a church.  

hahahahaha

These guys make me laugh

manosteel211
Newbie
*
Offline Offline

Activity: 2


View Profile
August 22, 2017, 08:01:30 PM
 #10

go to jason burns twitter. it has the same picture and says hes a pastor.  Just sayin.  I invested in this just hope its not a scam.
Johnnywelsh
Member
**
Offline Offline

Activity: 70


View Profile
August 22, 2017, 09:38:41 PM
 #11

My mate found a load of SUB tokens already being ditched on yobit for less than a penny each and have been for months. Hoping it's not the same coin but not looking good.

________Any Store Can Buy, Sell and Accept Cryptocurrency________
█████████ ██ ███ ██      PUNDI X      ██ ███ ██ █████████
Whitepaper     Twitter     Facebook     Telegram     Medium     Youtube
CryptoTerps
Newbie
*
Offline Offline

Activity: 1


View Profile
August 23, 2017, 03:25:15 AM
 #12

For me it's also been 6 days now.
And their e-mail addresses are not working anymore?

Are you a member of the slack? DM your txid and ETH address to the admin "zfelds". He is in the slack sending out tokens right now very quickly.
donnyjoseph
Newbie
*
Offline Offline

Activity: 15


View Profile
August 23, 2017, 07:36:20 PM
 #13

Where is the link to their slack ? and how can I register on slack with no invitation ?

I sent 2 eth and so far no coins.

For me it's also been 6 days now.
And their e-mail addresses are not working anymore?

Are you a member of the slack? DM your txid and ETH address to the admin "zfelds". He is in the slack sending out tokens right now very quickly.
Johnnywelsh
Member
**
Offline Offline

Activity: 70


View Profile
August 23, 2017, 11:22:16 PM
 #14

4 days after deposit and still no tokens, luckily I only invested $30 so going to just take it as a lesson learnt and hope others don't fall for it to limit the amount these scumbags get away with.

________Any Store Can Buy, Sell and Accept Cryptocurrency________
█████████ ██ ███ ██      PUNDI X      ██ ███ ██ █████████
Whitepaper     Twitter     Facebook     Telegram     Medium     Youtube
Cryptorook
Newbie
*
Offline Offline

Activity: 2


View Profile
August 25, 2017, 12:17:23 PM
 #15

Justin Tabb from Substratum replied to my email regarding my missing coins.  He said the reason I haven't received them yet is because I didn't list a TX ID.  Does anybody know if a tax id or social security number is required.  Thank you
2demons
Newbie
*
Offline Offline

Activity: 8


View Profile
August 25, 2017, 04:06:07 PM
 #16

Did anyone received anything? So final verdict is scam coin?
Profetu
Full Member
***
Offline Offline

Activity: 203


View Profile
August 25, 2017, 07:28:53 PM
 #17

Did anyone received anything? So final verdict is scam coin?

I received them 4 days later. That does not mean this is legit though. Anyone can create his own token almost free.
Profetu
Full Member
***
Offline Offline

Activity: 203


View Profile
August 25, 2017, 07:30:24 PM
 #18

Justin Tabb from Substratum replied to my email regarding my missing coins.  He said the reason I haven't received them yet is because I didn't list a TX ID.  Does anybody know if a tax id or social security number is required.  Thank you

A transaction id is required. You should learn more before investing.
hackg
Jr. Member
*
Offline Offline

Activity: 42


View Profile
August 25, 2017, 07:36:03 PM
 #19

when you contribute you get an email with your TX id

Copy that, go to the slack channel and ask the SUbstratum team members there to help get your tokens.

It took me 2 minutes to their slack channel, paste my TX id in a message and get my tokens sent to me. This is definitely not a scam, and just because they photoshopped some ideas together isn't any different than 99% of other ICO's out there lol. iStat just happens to be a common interface to notice similarities to

If anyone is going to contribute, use my referral code to get 15% bonus tokens:  3hackg

Cryptorook
Newbie
*
Offline Offline

Activity: 2


View Profile
August 25, 2017, 09:39:26 PM
 #20

Thanks hackg.  But I'm still a little confused.  What is a TX id and where do I find it.  Thank again
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!