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Author Topic: Phoscoin ICO SCAM  (Read 53 times)
ricardopb
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January 25, 2018, 01:01:06 AM
 #1

https://phoscoin.com/

Phoscoin ICO is almost certainly a SCAM.

1: Their claims are false. It's not the lowest fees.
2: It's obviously not instantaneous.
3: The team. All the team member if you google their names you will find obituaries and almost none of the team member have professional photos or links to linked in or any credible platform.
4: Photos of the team members are unprofessional.They also have indications that they are scanned from catalogs.
5: Upon confronting the team with this information they made bad excuses and when I asked for a photo of the member with a time stamp they promptly said yes in public but in the personal facebook he answers "Yeah right, I will pass them" making fun of me and not providing them.
6: All the team accounts that had any links (Facebook, Instagram ) all looked freshly created.

 
I was really busy and I should have reported this earlier, better late than sorry.
I almost invested in this scam ICO. Please be vigilant.
Best regards,
 Ricardo
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defecardo
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January 25, 2018, 01:09:01 AM
 #2

You are right!!! I talked to the supposed ICO and he denied me an up to date photo of himself.
You can see that all the photos of the team are scans of some paper image, probably some magazines. Stay away from this ICO and coin.
MiojoCoin
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January 25, 2018, 01:40:10 AM
 #3

Shady to say the least.
Also, their last tweet says:
"We are still working on the wallet, ran into a fundamental issue. Our wallet will be launched in February."

ricardopb
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January 25, 2018, 01:46:45 AM
 #4

Shady to say the least.
Also, their last tweet says:
"We are still working on the wallet, ran into a fundamental issue. Our wallet will be launched in February."




I was outdated on this one... More and more red flags keep popping on these guys.


I think this is a perfect example of how to detect a scam ICO.

Please in doubt, use this as a template. I almost felt prior to doing my own research. Don't be hasty, it's better to lose a bonus of X% than 100% of your investment.
Best regards,
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