Substratum ICO Scam

[substratumisascam]

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: https://i.imgur.com/dUsvoUO.png)

EVIDENCE:
https://i.imgur.com/m59cHeV.png
https://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: https://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

[1714031980]

1714031980

[MrUnconventional]

These icos get more ridiculous by the minute.

Nice find.

[ShivaBalaji]

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.

[PinguQ]

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

[manosteel211]

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]

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]

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]

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.

[CryptoTerps]

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]

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]

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.

[Cryptorook]

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]

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

[Profetu]

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]

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]

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]

Thanks hackg.  But I'm still a little confused.  What is a TX id and where do I find it.  Thank again

[Argolas_]

i have received my SUB immediatly after the purchase (12 days ago)
people should read instructions before shout "scamming"

[wowaweewa]

I am not receiving my tokens for more then a week. Got banned from their slack just for pointing ICO security issues. Stay away from these scammers.

[JRu]

Talk to an admin on the slack...got my tokens in 10 minutes it was that easy. https://substratumcoin.slack.com