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Author Topic: CARTAXI is a SCAM. Please don't invest in it again.  (Read 2264 times)
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November 03, 2017, 02:26:45 PM
 #81

Guys, first of all, looking at the amount they raised that's selling a little over 60,000 CTX sold compared to their hard cap on the white paper (500,000,000 CTX) that mean they managed to raised only 12% of their hard cap. To me that's a complete failure which of course does not surprise me at all. I can feel the pain of all bounty participants. I personally invest in ICOs (of course after doing an in dept research). I know others may be here just to do bounties and get quick money. But just a piece of advice for you; Always ask yourself this question before joining any bounty "IS THIS AN ICO THAT I CAN CONFIDENTLY INVEST $10,000 OF MY OWN? " and don't just join a bounty program because of an attractive looking title.

Most people on this forum just want to do a couple of bounties hoping to make them rich. Why am i saying this? It's because if investors are not convinced enough that a project is worth investing (tens and hundreds of thousands of dollars) in, then why should you participant in the bounty campaign and expert to make a lot of money.

Honestly speaking i see a lot of bounty programs in this forum which i will NEVER EVER in my life participate in. But i know a lot of people here are just bounty hunters and do not even take time to investigate a project, they just jump from one bounty to another hoping to make them rich.

They are two main type of people in this forum. The investor, who is here to make good research and the Bounty hunter who is here to make easy money.

This should be a big lesson for others. I know there are still a lot of ICO's in this forum that will not even raise up to 20% of their hard cap.


If you didn't get paid in tokens for you job or invested and didn't receive you token, then you can provide proof and evidence that they are scam. No project deserves to be called a SCAM just because bounty participants complain of getting less money.

To all bounty hunters ask yourself, what if after all your hard work for an ICO the raise only $100,000 or less than 10% of hard cap, do you expect them to give out all amount raised in tokens?  

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November 03, 2017, 02:47:40 PM
 #82

Guys, first of all, looking at the amount they raised that's selling a little over 60,000 CTX sold compared to their hard cap on the white paper (500,000,000 CTX) that mean they managed to raised only 12% of their hard cap. To me that's a complete failure which of course does not surprise me at all. I can feel the pain of all bounty participants. I personally invest in ICOs (of course after doing an in dept research). I know others may be here just to do bounties and get quick money. But just a piece of advice for you; Always ask yourself this question before joining any bounty "IS THIS AN ICO THAT I CAN CONFIDENTLY INVEST $10,000 OF MY OWN? " and don't just join a bounty program because of an attractive looking title.

Most people on this forum just want to do a couple of bounties hoping to make them rich. Why am i saying this? It's because if investors are not convinced enough that a project is worth investing (tens and hundreds of thousands of dollars) in, then why should you participant in the bounty campaign and expert to make a lot of money.

Honestly speaking i see a lot of bounty programs in this forum which i will NEVER EVER in my life participate in. But i know a lot of people here are just bounty hunters and do not even take time to investigate a project, they just jump from one bounty to another hoping to make them rich.

They are two main type of people in this forum. The investor, who is here to make good research and the Bounty hunter who is here to make easy money.

This should be a big lesson for others. I know there are still a lot of ICO's in this forum that will not even raise up to 20% of their hard cap.


If you didn't get paid in tokens for you job or invested and didn't receive you token, then you can provide proof and evidence that they are scam. No project deserves to be called a SCAM just because bounty participants complain of getting less money.

To all bounty hunters ask yourself, what if after all your hard work for an ICO the raise only $100,000 or less than 10% of hard cap, do you expect them to give out all amount raised in tokens?  

this is not totally scam this is just not a successful project is just because some of here are not getting paid for what they worked and expect for , this kind of scenario is not new we need to accept it accept for what was happen.
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November 03, 2017, 04:14:03 PM
 #83

How much did they raised though? who the hell needs a blockchain to operate taxis when you can just pay it by cash
LOL. You really have a point there. However, their name even sounds totally different from the main idea of the project.
I ended up realizing it even has to do with towing or so, and who the hell really needs a blockchain for that.

If it is like the normal uber ride where you pay for a trip and they decided to develop a coin for that, there are better ways they can do that. I never really believed in the project from the onset anyway and being shady like this is not just good.
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November 03, 2017, 05:14:01 PM
 #84

Feeling sorry about that. Im lucky because i dont spend my time for that campaign. I musy be careful in choosing campaign with good bounty and instead i will choose a campaign without depending on bounty and depend on the manager.
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November 03, 2017, 05:16:29 PM
 #85

CarTaxi hard cap was not reached. They changed the hard cap and claim that the hard cap has been reached.
For bounty hunters they changes the rule after the ICO. They were supposed to distribute bounties among participants according to all tokens. At the end they decrease the hard cap and rewards decreased too.

It was funny that amount of bounties was unchanged on their bounty thread till end of the campaign.

Better to not trust them anymore and not invest in their tokens.

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happyme1818
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November 03, 2017, 06:12:35 PM
 #86

Here is the proof.

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November 03, 2017, 06:15:43 PM
 #87

Are some of you suggesting that we scrutinize an ICO over how outrageous the hard cap is / failure to meet it? A high hard cap is celebrated in other fundraising ventures.
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November 03, 2017, 08:05:21 PM
 #88

Feeling sorry about that. Im lucky because i dont spend my time for that campaign. I musy be careful in choosing campaign with good bounty and instead i will choose a campaign without depending on bounty and depend on the manager.
one of the best thing to do is choosing but depends on the manager we can avoid that if that might happen after what happen on this campaign so better luck next time we must accept the fact of what was happen and join for another campaign this is so common that happen but for this it is really disappointed.

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November 03, 2017, 09:08:08 PM
 #89

Feeling sorry about that. Im lucky because i dont spend my time for that campaign. I musy be careful in choosing campaign with good bounty and instead i will choose a campaign without depending on bounty and depend on the manager.
one of the best thing to do is choosing but depends on the manager we can avoid that if that might happen after what happen on this campaign so better luck next time we must accept the fact of what was happen and join for another campaign this is so common that happen but for this it is really disappointed.
Campaign Manager must be punished and labeled this shit coin as SCAM  so other campaign would be aware and won't do it again.
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November 03, 2017, 09:14:38 PM
 #90

How much did they raised though? who the hell needs a blockchain to operate taxis when you can just pay it by cash

They reached their hardcap (over 8M) i don't know how. The idea is not applicable in the blockchain and the problems they have with their supporters and investors.
I'm glad i didn't invest in their ico and i don't think investors are happy now.

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November 03, 2017, 09:49:05 PM
 #91

It's pity to hear that, but frankly they didn't look legit at the very beginning. It's very shady project which is turned out scam.

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November 03, 2017, 11:50:24 PM
 #92

CARTAXI is a big scam project. They are claiming that they are operational in San Antonio,US and CHINA and RUSSIA. But its not true. They are only operational in just russia. They are scamming people by the wrong information. Earlier it seemed like a good project.But things revealed and nobody is interested in it. I invested a small amount in them in the presale just to see how things workbut I'm worried now.

Also they cheated their bounty participants. This is the worst cheat ever an ICO played on their workers.They showed big numbers in the title and not mentioned anything about changing the alloted tokens or if the 100% tokens sold.

It is cheating not revealing correct information in the beginning of the work. Please tell me how many of you work on a job which gives you less than 8% of what they said earlier?


But in CARTAXI case they just cheated them by showing big numbers.They didnt ask them to show big numbers. They might not join their campaigns if they show actual numbers and reveal correct information.This is the trick they played they know that people wont join if they tell actual information so they showed BIG numbers and attracted people.

Also they are banning people on telegram for asking about bounty. Please tell me if they are so much allergic to bounty why did they start bounty. They didnt ask them to. Its their need.Also they are warning people that they will not pay those shit amounts if they talk about bounty. I am on their telegram and they are responding rudely to their bounty participant. If they are so rude and banning people what is the future of the investors.

I did a mistake investing in them.
Dear, thanks for your kind information. but to late you have provided the information.
The Cartaxi project already success. They has sell their hard cap 6M+ .
we are already involve this project, so what can we do now. Please suggest..
shinharu10282016
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November 04, 2017, 01:44:39 AM
 #93

Guys, first of all, looking at the amount they raised that's selling a little over 60,000 CTX sold compared to their hard cap on the white paper (500,000,000 CTX) that mean they managed to raised only 12% of their hard cap. To me that's a complete failure which of course does not surprise me at all. I can feel the pain of all bounty participants. I personally invest in ICOs (of course after doing an in dept research). I know others may be here just to do bounties and get quick money. But just a piece of advice for you; Always ask yourself this question before joining any bounty "IS THIS AN ICO THAT I CAN CONFIDENTLY INVEST $10,000 OF MY OWN? " and don't just join a bounty program because of an attractive looking title.

Most people on this forum just want to do a couple of bounties hoping to make them rich. Why am i saying this? It's because if investors are not convinced enough that a project is worth investing (tens and hundreds of thousands of dollars) in, then why should you participant in the bounty campaign and expert to make a lot of money.

Honestly speaking i see a lot of bounty programs in this forum which i will NEVER EVER in my life participate in. But i know a lot of people here are just bounty hunters and do not even take time to investigate a project, they just jump from one bounty to another hoping to make them rich.

They are two main type of people in this forum. The investor, who is here to make good research and the Bounty hunter who is here to make easy money.

This should be a big lesson for others. I know there are still a lot of ICO's in this forum that will not even raise up to 20% of their hard cap.


If you didn't get paid in tokens for you job or invested and didn't receive you token, then you can provide proof and evidence that they are scam. No project deserves to be called a SCAM just because bounty participants complain of getting less money.

To all bounty hunters ask yourself, what if after all your hard work for an ICO the raise only $100,000 or less than 10% of hard cap, do you expect them to give out all amount raised in tokens?  

this is not totally scam this is just not a successful project is just because some of here are not getting paid for what they worked and expect for , this kind of scenario is not new we need to accept it accept for what was happen.

Alll bounty hunters should always bear in the mind that these ICOs offering bounty is not guaranteed to have their bounty unless the ICO has not reached something they can call successful. Take for an example the hype about electroneum. The bounty was closed the week they reached hardcap. And by joining bounties, there are ICOs who put progress in their websites. If they do not, there's something bad about that. The transparency is another key to a successful ICO.
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November 04, 2017, 01:56:42 AM
 #94

I had joined their signature bounty campaign because I was amazed by the volume allocation but in the end I was fooled it was only their strategic action to attract bounty participants in their project. Another thing is some of the participants mew address have changed looks like there was a robbery.

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November 04, 2017, 02:01:33 AM
 #95

CARTAXI is a big scam project. They are claiming that they are operational in San Antonio,US and CHINA and RUSSIA. But its not true. They are only operational in just russia. They are scamming people by the wrong information. Earlier it seemed like a good project.But things revealed and nobody is interested in it. I invested a small amount in them in the presale just to see how things workbut I'm worried now.

Also they cheated their bounty participants. This is the worst cheat ever an ICO played on their workers.They showed big numbers in the title and not mentioned anything about changing the alloted tokens or if the 100% tokens sold.

It is cheating not revealing correct information in the beginning of the work. Please tell me how many of you work on a job which gives you less than 8% of what they said earlier?


But in CARTAXI case they just cheated them by showing big numbers.They didnt ask them to show big numbers. They might not join their campaigns if they show actual numbers and reveal correct information.This is the trick they played they know that people wont join if they tell actual information so they showed BIG numbers and attracted people.

Also they are banning people on telegram for asking about bounty. Please tell me if they are so much allergic to bounty why did they start bounty. They didnt ask them to. Its their need.Also they are warning people that they will not pay those shit amounts if they talk about bounty. I am on their telegram and they are responding rudely to their bounty participant. If they are so rude and banning people what is the future of the investors.

I did a mistake investing in them.
Yea i also think about this project may be scam on the basis of their bounty payment.they change their payment formula for the bounty hunter after the end of the ico success.and they pay people about 4x less amount of CTX. So i think people need be aware before investing here.

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November 04, 2017, 02:11:32 AM
 #96

CARTAXI is a big scam project. They are claiming that they are operational in San Antonio,US and CHINA and RUSSIA. But its not true. They are only operational in just russia. They are scamming people by the wrong information. Earlier it seemed like a good project.But things revealed and nobody is interested in it. I invested a small amount in them in the presale just to see how things workbut I'm worried now.

Also they cheated their bounty participants. This is the worst cheat ever an ICO played on their workers.They showed big numbers in the title and not mentioned anything about changing the alloted tokens or if the 100% tokens sold.

It is cheating not revealing correct information in the beginning of the work. Please tell me how many of you work on a job which gives you less than 8% of what they said earlier?


But in CARTAXI case they just cheated them by showing big numbers.They didnt ask them to show big numbers. They might not join their campaigns if they show actual numbers and reveal correct information.This is the trick they played they know that people wont join if they tell actual information so they showed BIG numbers and attracted people.

Also they are banning people on telegram for asking about bounty. Please tell me if they are so much allergic to bounty why did they start bounty. They didnt ask them to. Its their need.Also they are warning people that they will not pay those shit amounts if they talk about bounty. I am on their telegram and they are responding rudely to their bounty participant. If they are so rude and banning people what is the future of the investors.

I did a mistake investing in them.

I did not make any investment with cartaxi but it was just really hard to identify now what are the true or scam ICO. We need to updated at all times for the latest happening in cryto world.

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November 04, 2017, 03:03:30 AM
 #97

How much did they raised though? who the hell needs a blockchain to operate taxis when you can just pay it by cash

They reached their hardcap (over 8M) i don't know how. The idea is not applicable in the blockchain and the problems they have with their supporters and investors.
I'm glad i didn't invest in their ico and i don't think investors are happy now.
The exact number of their total raised in USD was $8,712,000. It was reached their goal (it's not their hardcap, their hardcap is $64 million). They achieved it after running pre-sale and ICO for a month + extended to 2 days more.
The fact they have paid all participants bounties, but they are also changing to bounty allocation before they distributed the bounties.

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bundo
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November 04, 2017, 03:10:52 AM
 #98

Omg,,

A very spicy aggravation and it seemed from the deepest hearts ... lol Grin
Lots of information that they do not fully pay bounty
Some say it does not match what is obtained, that's all I know because I do not follow and not involved in cartaxi project

I hope there is clarification from the management for future sustainability
KingdomHearts
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November 04, 2017, 04:12:09 PM
 #99

Thanks a lot for really sharing this and apparently any project that is not trustworthy from the start, obviously have some things up their sleeves.
Nevertheless, we might really need you to give some proofs here as to me, these are just some mere statements that could just be formed by any embittered person most especially since your account is pretty much new. I never easily trust any new project still after reading your suggestions I git few more ideas on how to choose a new coin for investments.
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November 04, 2017, 04:16:17 PM
 #100

Wow really? this is surprised me. Last week, I saw many user add their signature with car taxi bounties. I hope your information is legit.

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