Sounds fishy.
Do you mind to explain further about which part that you see as fishy? Together with the dev team here, maybe we can break it down om which accusation is correct and which one is a mere negative thoughts
Ok, let's go.
Xmoneta is the world's first decentralized Encrypted Messenger
Tox, TorChat, I2P messenger, Bitmessage,...?
With Xmoneta, you can create deposits on the blockchain, transfer cryptocurrencies and money to each other on the VISA/MasterCard and/or the
crypto-wallets.
Xmoneta Token(XMN) is a decentralized cryptocurrency for any kind of transactions between the members of the community. Issued tokens are associated with the messenger supported VISA/MasterCard, so users can pay with cryptocurrency using virtual and plastic cards.
— red flag if not proven that there are any agreements with card issuers.
#### Step 3 – API: Core of the platform, our API system will have all necessary business logics and will operates with data provided from users, as also data for users.
#### Database: We will store information about customers in our database. All the private information will be encrypted.
#### Integrations: Our platform will integrate multiple functions and possibilities into one single platform aligned with the Ethereum blockchain.
#### Blockchain: After API system operates with the provided data from the end user, our system will communicate with blockchain API to store necessary information in there.
So, the central server will be being used. So where's the promised decentralization?
To stimulate investors to participate in our project and make their experience maximum enjoyable, we organize different lotteries.
Right now, we are giving away five brand new iPhone X models to our new community. Three iPhones X are going to be distributed to the TOP 3 affiliates, and two are going to be randomly assigned to two affiliates in the TOP 50.
SERIOUSLY?
Milestone is 500 ETH. When collected, we will start the development of the Xmoneta messenger's Minimal Viability Product (MVP).
So they do have the money to run ICO, but they don't have money to develop an app?
We have made the landing page and assembled the team of professional mobile developers to work further.
Honestly, I look at the landing, and I become very sad panda. Whitepaper is killing me too. Are these guys from 2000s?