Be careful: STORM could turn into scam

[liangweicha]

I think this project is not particularly tricky, so I will not participate

[necas]

I need to read a little more to participate

[Bastime]

Thanks for the share man, this will save participants of doing for nothing.
Spammers can be easily detected because of this community where everyone speaks and listens. Kudos and cheers!

[BigBoy89]

-snip-
let always do personal research before concluding that an ICO is a scam,they have issues with the bounty not the ICO dont think it nice of you to  condemn there project, thou it not nice they change the pattern of payment for there bounty.

This is exactly what I'm doing before investing in any project - do a personal research. Checking topics - ANN,Bounty all socials, shill accounts, etc.

If they change the Bounty payment silently, without any announce, then later they could do the same with main project and any other aspect. IMO this is shady behavior and I'm just warning people. Everybody could choose to invest or not.

[Angelia46]

Thank you, my friend, I would have liked to invest in this project
but now I need to take a good look again

[helloeth]

Wow thanks for the heads up. Teaches people to be more caution investing into unknown projects. Learn from mistakes and history. Good luck.

[BigBoy89]

From my communication with @stormtoken, they will return Stakes as bounty counting and the whole mess is some team miscommunication.

IMO this is the right move to do the things right. I'm not in the Bounty campaign, but I'm always looking for red flags before investing.

[bitcub]

 OMG this is sad , I thought this is a huge potential project as one of its adviser is Bittrex CEO. I also have a stake with their Twitter campaign. May be I should check my stakes. Thanks for the heads up.

Hello,

Recently I was planning to invest some coins into STORM (https://bitcointalk.org/index.php?topic=2006999.0)

But then I notice they totally fucked their bounty program (https://bitcointalk.org/index.php?topic=2005611):

They allocated 50,000,000 STORM for the bounty campaign. But recently they've changed counting system from STAKED to TOKENS. This mean they want to pay 1000x less!!!

IMO this is first sign of pure scam behavior and I will not trust them my hard earned coins.

http://archive.is/NgKBv




http://archive.is/syh7Q

[mikyadel]

good to know that .thanks for sharing

[CryptoRobert]

This is really surreal, and stupid beyond imagination! As soon as investors find out that the team would have no problem screwing their own advertisers, they would stop to trust them at once. Unless that's just a stupid typo mistake...

[TimeTeller]

From my communication with @stormtoken, they will return Stakes as bounty counting and the whole mess is some team miscommunication.

IMO this is the right move to do the things right. I'm not in the Bounty campaign, but I'm always looking for red flags before investing.

I know a long time ago, that stakes is also the same as tokens from their end.
So changing the words on their bounty campaign thread such as this might create confusion with others that haven't got in touched or haven't been following with the team.
I know their campaign is very long already that participants haven't seen their fruits of labor yet, but, my impression is that they are legit.
Joining conferences everywhere and doing their stuffs in legit way that's why they are taking so long.
And if you're not really patient enough, you will just remove yourself from their bounty campaigns as you don't know when and how much you're gonna get paid.

[stormtoken]

Hi everyone!

I am really sorry for all of the confusion regarding our especially lengthy bounty campaign! We could not thank you enough for your continued support of our project. Without all you guys, the widespread exposure we have received would not have been possible.

I want to clarify a miscommunication on our end, an error that I take responsibility for. In the bounty program, Tokens=Stakes.

For everyone that has been worried that they would not be fairly rewarded for their time and effort, I hope this clears things up. If you have direct questions, feel free to PM or message me on Telegram!

[eastwind_ja]

Hi everyone!

I am really sorry for all of the confusion regarding our especially lengthy bounty campaign! We could not thank you enough for your continued support of our project. Without all you guys, the widespread exposure we have received would not have been possible.

I want to clarify a miscommunication on our end, an error that I take responsibility for. In the bounty program, Tokens=Stakes.

For everyone that has been worried that they would not be fairly rewarded for their time and effort, I hope this clears things up. If you have direct questions, feel free to PM or message me on Telegram!

scared me too ,  glad  we finally  got the response from official team ,   has  the  storm  ICO  started  already  ? 

[Spoetnik]

Not you again...

Follow the rules mouthy noob. (you are garbage posting / trolling)
Be grateful i addressed a 3 post shit account here.
You are nobody.. and know nothing.. and probably a puppet / sock shill account idiot.

You are "ICO" fraud pushers for BITCOIN PROFITS.
Just.. one.. more... ICO..

Trust me we gunna be richez yo !!!111ONE



Topic:
You all babble about scams and FUD and trolls etc.
Problem is you don't have a clue what those words mean.. nor will you talk about it either.

What is a scam ?

Care to explain HOW this "coin" will "turn" into a "scam" ?

[johnsm79]

Hello,

Recently I was planning to invest some coins into STORM (https://bitcointalk.org/index.php?topic=2006999.0)

But then I notice they totally fucked their bounty program (https://bitcointalk.org/index.php?topic=2005611):

They allocated 50,000,000 STORM for the bounty campaign. But recently they've changed counting system from STAKED to TOKENS. This mean they want to pay 1000x less!!!

IMO this is first sign of pure scam behavior and I will not trust them my hard earned coins.

http://archive.is/NgKBv




http://archive.is/syh7Q

Most likely they did a mistake in the wording. Amateurs don't understand the word stakes. I had to explain it to many people, and if someone was reading different bounties without hard experience, he just made a mistake.

[BigBoy89]

Hi everyone!

I am really sorry for all of the confusion regarding our especially lengthy bounty campaign! We could not thank you enough for your continued support of our project. Without all you guys, the widespread exposure we have received would not have been possible.

I want to clarify a miscommunication on our end, an error that I take responsibility for. In the bounty program, Tokens=Stakes.

For everyone that has been worried that they would not be fairly rewarded for their time and effort, I hope this clears things up. If you have direct questions, feel free to PM or message me on Telegram!

Thank you for your answer and that the whole mess become just a miscommunication.

I edited OP with your response and closing the topic now as raised concerns are solved.