base on my observation for this ICO MSD
REDFLAG NO. 1) NO MSD TEAM on their website
when you visit their website the first picture that you will see is the blockchain picture that has downloaded from google and edited to put the word MSD on it, (see google picture "blockchain") dato seri jessi lai has claimed to be the founder of MSD who dragged her name into MLM ponzi scheme in malaysia way back 2014, aside from that we dont know who else in the team, we dont know who is their developer or whatsoever, even the CEO dato seri jessi lai didnt appear her name on MSD website, something unusual right?? added to that, their CEO said that MSD is not an investment.. really?? your fb leaders/team telling us that you will be a millionaire once msd reach $1 or so. if MSD is not an investment then what is it for? donation??
REDFLAG NO. 2) NO WHITEPAPER OR CLEARER ROADMAP
MSD is the only ICO that has no whitepaper yet.. lol! how come that you already issuing coins while your whitepaper ( i don't know if they really know that) is not yet done.. when you read their post on how MSD works, it's just simply copy the meaning of blockhain on the internet.. peer to peer transaction? oh common can you give us the meaning what is really the use or purpose of MSD?
REDFLAG NO. 3)THE BOUNTY SEEMS PONZI
this ico selling from the start a regular package of $190 (fix rate) for 250 msdcoins and 250 msdpoints, ( i dont know what are the use of points) the affiliated program will give you a $32 for each person you invited and avail their regular package..( so up line is real!) until now they keep selling
REDFLAG NO. 4) 3 TRILLION TOTAL SUPPLY and COUNTING
sounds crazy right?? they claimed that they have a 14 million traders, 14 million who bought their package.. can you imagine 14 million traders who have 250 msd coins.. literally insane marketcap. Is this the reason why their market cap. and supply are unknown in coinmarketcap.com
or if they say that they don't have a 14 million traders then they are lying because that is what you read when they advertise their coins, i said counting because even if they are listed in coinmarketcap and trad-able at tidex still they keep selling their msd coins..
REDFLAG NO. 5) TRADABLE AT TIDEX BUT NOT WIDRAWABLE
Recently Dato seri jessi lai had meeting with tidex team. the result of their meeting cause of blocked the withdrawal of msd on tidex, in other words you can deposit your msd on tidex but once it there you cannot withdraw it thus to prevent the so much declining of msd price.. msd team ( as if they have) wants you to buy the regular package of msd worth $190 fix rate rather than buying in tidex.. when you buy the package it has a value of $0.7 per msd, but now it worth $0.0170 in coinmarketcap. the monspace still selling their coins at $0.7 even if the current price now is $0.0170 per coins sound cool right? ahaha they want to manipulate the market.
SUPER REDFLAG NO. XXX) ARE THEY REALLY USING A BLOCKCHAIN???
when you visit their website they are always says that msd is using a blockchain tech. let us a short recap that blockchain is a public ledger where all the transaction has been seen and transparent meaning, you can search the transaction using explorer, but MSD DOESN'T HAVE A BLOCKCHAIN it doesn't have public ledger where msd transaction can be seen. aside from that MSD WALLET ADDRESS looks like ERC-20 token made in ethereum platform.. sounds interesting? how come that a coin that run by a blockchain tech using an ethereum wallet address? confusing right?? but wait there's more if msd is made up at the top of ethereum platform why is it not compatible in myetherwallet or any ethereum wallet.. when you check their mother wallet address in etherscan it has nothing, no msd coins stored..
you can check the tidex deposit address of msd coin.
