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Author Topic: Is this a scam  (Read 19899 times)
RzeroD
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December 12, 2017, 11:57:28 AM
Last edit: December 14, 2017, 01:00:59 PM by RzeroD
 #101

I'd stay away from it.
My 2 cents.

BitcoinTalk ANN thread: https://bitcointalk.org/index.php?topic=2343914.0
BitcoinTalk Bitcause: https://bitcointalk.org/index.php?topic=1183862.0

-Dirt cheap trailer.
-Dirt cheap website. [*Update: Looks better now.]
-Dirt cheap app predesign (Damn god, who created that GUI?)
-Its whitepaper... no comments.
-Team without any verifiable knowledge, except Ashwini Khemlani, their VP Marketing.
-Its blockchain developer is completely unknown.
-2 of his partners are or were their own companies, the other is Festina (facepalm)
-In its "news", its name doesn't appear nor is any team member named. (I don't know why you are saying that those are updates on the project when you are not named at all.)
**Update: They have added a lot of their own and paid publications but it doesn't matter.

Personal opinion:
-Lack of professionalism everywhere (and they are asking for up to 20M $, god)
-Looks pretty bad.
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jdeanne92
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December 12, 2017, 11:59:59 AM
 #102

Dont be dependent on just one site. Do thorough investigation. As some sites are just making negative and false accusations to others. Thats all i can advice to you
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December 12, 2017, 01:59:13 PM
 #103

I'd stay away from it.
My 2 cents.

BitcoinTalk ANN thread: https://bitcointalk.org/index.php?topic=2343914.40
BitcoinTalk Bitcause: https://bitcointalk.org/index.php?topic=1183862.0

-Dirt cheap trailer.
-Dirt cheap website.
-Dirt cheap app predesign (Damn god, who created that GUI?)
-Its whitepaper... no comments.
-Team without any verifiable knowledge, except Ashwini Khemlani, their VP Marketing.
-Its blockchain developer is completely unknown.
-2 of his partners are or were their own companies, the other is Festina (facepalm)
-In its "news", its name doesn't appear nor is any team member named. (I don't know why you are saying that those are updates on the project when you are not named at all.)
**Update: They have added a lot of their own and paid publications but it doesn't matter.

Personal opinion:
-Lack of professionalism everywhere (and they are asking for up to 20M $, god)
-Looks pretty bad.

I notice the same, im not sure what to think about this ICO   Shocked
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December 12, 2017, 03:14:00 PM
 #104

everyone can say that this coin is a scam or not and this is why we need to research by our own way. we need to search for many sources so we can know what exactly happened with the coin so we can decide to buy the coin or not. if after we bought, the price is suddenly getting dump then we have two choice which is still hodl or cut loss and if we have more info about that coin for a long term then we can make a decision for that two choices.

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Striker17
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0x860FA3F15AcDFC7c7B379085EaC466645285237d


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November 15, 2018, 09:23:33 AM
 #105

Before you invest into a ICO or project, make sure that you know all the aspects or the team development on that project. And read also their whitepaper, their plans and active admin or bounty manager. Now these day there are too many ICO's that are scam, so always be careful of what do you invest.

AIGO Adoption Blockchain e-Commerce to World
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November 16, 2018, 09:00:06 PM
 #106

You need to be able to say no to things like this, it is not a very good project by the looks of it and a lot of people seem to agree with this sentiment. There are now a lot of scam coins and if you look at their website and see that it is not a very good one then you have to make sure that you are not investing in the projects. There are better projects out there than this

 
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November 16, 2018, 09:31:21 PM
 #107

Scammers are everywhere. If you want to earn a good profit, do your own research , do not rely on others says. In choosing a good ico peoject, be careful. Investigate their background, their whitepaper  to  avoid being scammed.
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November 17, 2018, 05:03:29 AM
 #108

if you are in doubt, then don't invest in the ico. because if there is one site that says scam, then it is indeed doubtful.

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canaveralnonie
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November 17, 2018, 05:10:45 AM
 #109

Sometimes, try to look at their websites and find the section of team member pictures or information. You will see there if they are professionally using a quality and decent profile pictures and complete ( most important details ) information background like past works and many more.

Simple details but very important if you understand.
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January 09, 2019, 05:08:06 AM
 #110

Just be careful cos it might really be a scam ,you can wait till they actually start working after ICO before you invest if you truly like the project
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January 09, 2019, 05:19:59 AM
 #111

The best strategy is not to invest in ICOs. You can always invest later once it is available for trading and/or once the project proves itself.

This is a safe way to view ICO's now. I somehow agree.

But, if there's a project that I really see potential and needs funding, I will still participate with a few eth. Not just for the ROI but also I did my part as one of the seed or pre-sale contributor because I believe in the project vision.

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January 09, 2019, 05:54:51 AM
 #112

Don't know what you mean by it  nice , is It the concept behind  the project or what ? right now allot of people are doing their project only  on white paper after token sale they will just list the token on exchange and forget about the mean project  , Please if you  don't believe  in coin analysis ,  you can do more check to see if they are  legit or scam ..  Right now i believe they must regulate Ico . But this ICO review is helping crypto investors when it come scam project so my friend be vigilant .   

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January 09, 2019, 06:02:48 AM
 #113

Did you make some research by yourself to check if it's scam? You should do a little check around,  tell us your observations and then we can come in

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February 10, 2019, 08:54:30 PM
 #114

However, a deep study of the technical document is not enough. It is very important to pay attention to the reputation and activity of the team in the market. Identifying hidden lies not only in documents, but also in the nuances of behavior in general
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February 10, 2019, 09:29:13 PM
 #115

Do a better research thats what you can do. Because everyone can spread FUD due to there were haters of that project or it might be the truth. You can have a better assessment if you collate all info as much as possible since this is new and to tell you the fact most ICOs are scam
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February 10, 2019, 10:23:59 PM
 #116

If you are aware that it is not easy to find if the ICO is scam or not because some of them was a professional scammer that their website was just like from the legit one so it is better to search more and try to join with them and ask those member to know if it is scam or legit. Read more article regarding of that for you to know if it is or not.
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February 11, 2019, 02:43:10 PM
 #117

On cryptocompare.com, I found the Avesta ICO - it looks nice, but coinanalysis.io says they're a scammer.

is that true?

Edit: Forgot the link http://coinanalysis.io/avesta/
Since you already received a red flag of an intended scam, the best you should do is to let go of it. There are other serious and legit ICOs. All you need do, is to do your own research and you will be fine. it is better to be sure of something, than being skeptical about its authenticity and then choose it.
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February 11, 2019, 03:52:29 PM
 #118

I think you shouldn't just put your trust to that too easily, yes they might be scam but who knows? I think you might risk some amount for a big profit in order to say that they are not scam.
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