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Author Topic: [ANN] | STASH | Digital Money For Everyone  (Read 43052 times)
mariam.maryana
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November 03, 2017, 05:44:37 PM
 #261

What crypto do you accept in your project?
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November 03, 2017, 05:47:44 PM
Last edit: November 03, 2017, 06:00:12 PM by Renko
 #262

What crypto do you accept in your project?

I don't recommend you to invest in this project until they tell what are they going to do with the unsold tokens!
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November 03, 2017, 06:07:06 PM
Last edit: November 03, 2017, 06:22:50 PM by Cryptokiller1978
 #263

What crypto do you accept in your project?

I don't recommend you to invest in this project until they tell are they going to do with the unsold tokens!

This project is 100% a SCAM, I regret investing 11 ETH. They have a clause that will make them keep ALL unsold tokens. Of course they won't burn unsold tokens.

https://i.imgur.com/OPCdu4y.png

They are in the penultimate round of financing and they have only raise around 250,000 USD.

https://i.imgur.com/nqAlv2p.png

So from the 72% of the tokens for sale? they have sold what? 2%?  So they will keep 70% of unsold tokens + 20% of the original team tokens allocation + 8% for advisors = 98% of tokens they will keep and investors will only own 2%? THAT is MASSIVE RED FLAG

I contact them in facebook and they told me this

https://i.imgur.com/DSfCgDd.png

https://i.imgur.com/8K6sXkN.png

That is BS , they should just refund all to investors, this is a failed ICO, they are saying they will keep all un-sold tokens until 27/9/2018. And they will use it for whatever they want.

They will keep the 98% of total supply for god sake! Scammers!
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November 03, 2017, 06:26:14 PM
 #264

What crypto do you accept in your project?

I don't recommend you to invest in this project until they tell are they going to do with the unsold tokens!

This project is 100% a SCAM, I regret investing 11 ETH. They have a clause that will make them keep ALL unsold tokens. Of course they won't burn unsold tokens.



They are in the penultimate round of financing and they have only raise around 250,000 USD.



So from the 72% of the tokens for sale? they have sold what? 2%?  So they will keep 70% of unsold tokens + 20% of the original team tokens allocation + 8% for advisors = 98% of tokens they will keep and investors will only own 2%? THAT is MASSIVE RED FLAG

I contact them in facebook and they told me this





That is BS , they should just refund all to investors, this is a failed ICO, they are saying they will keep all un-sold tokens until 27/9/2018. And they will use it for whatever they want.

They will keep the 98% of total supply for god sake! Scammers!


OMG this huge a red flag. I also didn't see clause, they basically will control de 98% of the total supply? That is a huge HUGE red flag. I want my ETH back.
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November 03, 2017, 06:59:23 PM
 #265

https://bitcointalk.org/index.php?topic=2353787.msg23993940#msg23993940
fguerrag
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November 04, 2017, 12:01:57 AM
 #266

What crypto do you accept in your project?

I don't recommend you to invest in this project until they tell are they going to do with the unsold tokens!

This project is 100% a SCAM, I regret investing 11 ETH. They have a clause that will make them keep ALL unsold tokens. Of course they won't burn unsold tokens.

https://i.imgur.com/OPCdu4y.png

They are in the penultimate round of financing and they have only raise around 250,000 USD.

https://i.imgur.com/nqAlv2p.png

So from the 72% of the tokens for sale? they have sold what? 2%?  So they will keep 70% of unsold tokens + 20% of the original team tokens allocation + 8% for advisors = 98% of tokens they will keep and investors will only own 2%? THAT is MASSIVE RED FLAG

I contact them in facebook and they told me this

https://i.imgur.com/DSfCgDd.png

https://i.imgur.com/8K6sXkN.png

That is BS , they should just refund all to investors, this is a failed ICO, they are saying they will keep all un-sold tokens until 27/9/2018. And they will use it for whatever they want.

They will keep the 98% of total supply for god sake! Scammers!


OMG this huge a red flag. I also didn't see clause, they basically will control de 98% of the total supply? That is a huge HUGE red flag. I want my ETH back.

Wow, this looks sketchy
I would want my investment back too...
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November 04, 2017, 01:45:34 AM
 #267

The above is rough, but it was all laid out at the beginning. They aren't even deploying the blockchain they say they are developing.

I'm sorry you lost your 11 ETH but I'm pretty confident it's gone. Maybe EtherDelta will list this token, but I can't imagine there will be a lot of demand Sad

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November 04, 2017, 08:57:35 AM
 #268

Any other affected investor?

The correct thing to do for the Stash team is to refund the investors. If they don't do it, their faces and names are going to be blacklisted by the community, no one will ever trust them, no one will ever even consider hiring them because if they appear in another future project, no one will invest in that project either. They will stain their names for 200k USD? I don't think they want that either.
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November 04, 2017, 12:10:59 PM
 #269

Any official statement on this from STASH team?
I don't know what is definition of scam, but details (including the fact that they are keeping the tokens) were publicly announced. And every investor should make good research about everything about the project they are investing in to.
Now it's up to STASH team how they will decide about the future of this project.

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November 04, 2017, 04:19:07 PM
 #270

Any official statement on this from STASH team?
I don't know what is definition of scam, but details (including the fact that they are keeping the tokens) were publicly announced. And every investor should make good research about everything about the project they are investing in to.
Now it's up to STASH team how they will decide about the future of this project.


Agreed.. the whitepaper does lay out exactly what's going happen.. the info is pretty bleak, frankly, in that they are planning to develop something that they 'hope' the community will actually implement and then hopefully that community will honor the tokens that were sold during the ICO. It's pretty much a guaranteed loss, but they were upfront about it.

ICOs are easy to invest in, but that doesn't mean the people behind it are the people you would want to give your money too.

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Cryptokiller1978
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November 04, 2017, 06:45:00 PM
Last edit: November 04, 2017, 06:55:36 PM by Cryptokiller1978
 #271

For god sake they are keeping like 98% of the tokens supply. Can't be that greedy and unfair. Who would want to work with these guys in the blockchain sphere? They will be remember as the team that kept 98% of the token supply of a coin. Is just ridiculous. At least me, every time i see one of them in other blockchain project i will warn all investors. They should just refund all investors, that's the correct thing to do, their ICO was a big fail. Can't believe they are willing to stain their honor and names for just 200,000$ raised.
Renko
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November 04, 2017, 07:34:13 PM
 #272

And still no official statement of Stash's team! This looks so bad
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November 04, 2017, 07:41:51 PM
 #273

I wondering why Stash's team didn't these fears have not yet been disproved by evidence so far?

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November 04, 2017, 10:19:43 PM
 #274

STASH ICO token sale 5% bonus ends in 5 hours, register on website to join. 
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November 04, 2017, 10:23:12 PM
 #275

Any official statement on this from STASH team?
I don't know what is definition of scam, but details (including the fact that they are keeping the tokens) were publicly announced. And every investor should make good research about everything about the project they are investing in to.
Now it's up to STASH team how they will decide about the future of this project.


Agreed.. the whitepaper does lay out exactly what's going happen.. the info is pretty bleak, frankly, in that they are planning to develop something that they 'hope' the community will actually implement and then hopefully that community will honor the tokens that were sold during the ICO. It's pretty much a guaranteed loss, but they were upfront about it.

ICOs are easy to invest in, but that doesn't mean the people behind it are the people you would want to give your money too.

As with any ICO, always do your homework prior to investing, after all, its your hard work money. Also agreed, STASH did make it upfront that this project is also community driven, as stated in STASH white paper.
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November 05, 2017, 02:01:02 AM
 #276

Any official statement on this from STASH team?
I don't know what is definition of scam, but details (including the fact that they are keeping the tokens) were publicly announced. And every investor should make good research about everything about the project they are investing in to.
Now it's up to STASH team how they will decide about the future of this project.


Agreed.. the whitepaper does lay out exactly what's going happen.. the info is pretty bleak, frankly, in that they are planning to develop something that they 'hope' the community will actually implement and then hopefully that community will honor the tokens that were sold during the ICO. It's pretty much a guaranteed loss, but they were upfront about it.

ICOs are easy to invest in, but that doesn't mean the people behind it are the people you would want to give your money too.

As with any ICO, always do your homework prior to investing, after all, its your hard work money. Also agreed, STASH did make it upfront that this project is also community driven, as stated in STASH white paper.

Community Driven? It has 0 Community aside from the 200,000 USD that has raised from investors. They have to admit their ICO is a big fail and keeping 98% of total supply is going to make things even worse, who's going to invest in this coin when is released to the market knowing the team and advisors holds 98% of the coins. IS just plain stupid, if they don't make things right NO ONE will invest in any project where anyone of the Stash team participates. NO ONE will want to work with any of the STASH team.

They either burn the unsold coins or refund investors, if they don't choose any of these two options the project is dead and they would have stolen 200,000 miserable
dollars. They will destroy their names and reputation for 200,000 USD? I will make sure of that, every time i find a project with their faces on it i will copy paste the evidence. They are done.
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November 05, 2017, 02:14:36 AM
 #277

Any official statement on this from STASH team?
I don't know what is definition of scam, but details (including the fact that they are keeping the tokens) were publicly announced. And every investor should make good research about everything about the project they are investing in to.
Now it's up to STASH team how they will decide about the future of this project.


Agreed.. the whitepaper does lay out exactly what's going happen.. the info is pretty bleak, frankly, in that they are planning to develop something that they 'hope' the community will actually implement and then hopefully that community will honor the tokens that were sold during the ICO. It's pretty much a guaranteed loss, but they were upfront about it.

ICOs are easy to invest in, but that doesn't mean the people behind it are the people you would want to give your money too.

As with any ICO, always do your homework prior to investing, after all, its your hard work money. Also agreed, STASH did make it upfront that this project is also community driven, as stated in STASH white paper.

Community Driven? It has 0 Community aside from the 200,000 USD that has raised from investors. They have to admit their ICO is a big fail and keeping 98% of total supply is going to make things even worse, who's going to invest in this coin when is released to the market knowing the team and advisors holds 98% of the coins. IS just plain stupid, if they don't make things right NO ONE will invest in any project where anyone of the Stash team participates. NO ONE will want to work with any of the STASH team.

They either burn the unsold coins or refund investors, if they don't choose any of these two options the project is dead and they would have stolen 200,000 miserable
dollars. They will destroy their names and reputation for 200,000 USD? I will make sure of that, every time i find a project with their faces on it i will copy paste the evidence. They are done.

I Agree 100% this is totally unacceptable. The worst part is that the team doesn't even say anything!
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November 05, 2017, 02:28:32 AM
 #278

Any official statement on this from STASH team?
I don't know what is definition of scam, but details (including the fact that they are keeping the tokens) were publicly announced. And every investor should make good research about everything about the project they are investing in to.
Now it's up to STASH team how they will decide about the future of this project.


Agreed.. the whitepaper does lay out exactly what's going happen.. the info is pretty bleak, frankly, in that they are planning to develop something that they 'hope' the community will actually implement and then hopefully that community will honor the tokens that were sold during the ICO. It's pretty much a guaranteed loss, but they were upfront about it.

ICOs are easy to invest in, but that doesn't mean the people behind it are the people you would want to give your money too.

As with any ICO, always do your homework prior to investing, after all, its your hard work money. Also agreed, STASH did make it upfront that this project is also community driven, as stated in STASH white paper.

Community Driven? It has 0 Community aside from the 200,000 USD that has raised from investors. They have to admit their ICO is a big fail and keeping 98% of total supply is going to make things even worse, who's going to invest in this coin when is released to the market knowing the team and advisors holds 98% of the coins. IS just plain stupid, if they don't make things right NO ONE will invest in any project where anyone of the Stash team participates. NO ONE will want to work with any of the STASH team.

They either burn the unsold coins or refund investors, if they don't choose any of these two options the project is dead and they would have stolen 200,000 miserable
dollars. They will destroy their names and reputation for 200,000 USD? I will make sure of that, every time i find a project with their faces on it i will copy paste the evidence. They are done.
I do not know what is the next plan of the team? But stash team will to refund the investors that will hard to happen, i still not see any ICOs refund to the investors, sorry if i mistake. $200k not too much but enough to do many things.

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November 05, 2017, 03:23:54 AM
 #279


I think the other day it will be clear, what before the time to worry?
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November 05, 2017, 09:01:08 AM
 #280

Hi Everyone,

We thought we would clear up some of the misconceptions, provide an update and reconfirm what we have always said.

In terms of the Token-Sale while we would have liked to have sold more tokens we are reasonably pleased with the sale especially given the timing around the fork. Were also very happy with the large STASH community (4,000 +) that has been built as a result of the sale.

As we have always said we will continue to develop the project irrespective of the amount of tokens sold and soon plan to add new developers to our team.

Additionally, as it is clearly outlined on the stashpay website any tokens not sold during the sale will be allocated to the Company and will be sent to the STASH Vault and locked until 27-09-2018.

Our overwhelming goal is to use these tokens to increase the value of the project for the benefit of all tokens holders and the community as a whole. We plan to do this by using company tokens to attract retain and remunerate additional developers, for marketing purposes and to increase the rewards to the miners and Incentivizednodes by increasing the block reward in the STASHPAY.IO software.

This means that a large proportion of the company tokens will be used to incentivize long term holders of tokens by reducing initial circulating supply and increasing future rewards for STASHPAY.IO miners and Incentivizednodes.

It’s taken a lot of hard work to organize the token-sale and going forward we plan to continue to work hard to develop the best product we can. 

Were excited about moving the project forward and we apricate all the support from the community.

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