Just a warning that Sapien Network ICO is a scam.

[nomadicwonder]

1. They have no product. They claim to have a product in private beta, but it's a lie. They just put you on a wait list, making you think they have a product.

2. They have no office address or phone number unlike legitimate ICOs.  They admit that they have no office.

3. Co-founder Robert Giometti is just a student according to his LinkedIn. He has no accomplishments and no business running a multi-million dollar company.

4. Even though they have an extremely small team with almost no developers, most team members do not list Sapien Network in their LinkedIn profiles. They are either fake, or they do not consider Sapien Network to be a full time job.

5. The white paper claims to use Meteor.js because it is the "recommended framework for decentralized applications." Meteor.js is mostly dead, as it was replaced with technologies like React.js and Vue.js. There is no recommended framework for decentralized applications.

6. They hired people from low wage countries to join their Telegram chat to talk excitedly about Sapien. These are not real investors, they are paid pumpers.

http://scamya.com/

[1714652889]

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[1714652889]

1714652889

[meikelcoin]

I'll read that. this is very interesting. Not every ico is a good ico. many ico just want to have btc or eth. then they disappeared. therefore it is good to read this. so you can even research if it is right

[akitha]

will check about that.. go to know that you share this kind of information, just in case some investor trying to put their money on this ico, please check first in your due diligence.

[Kulllianll]

Thanks for the warning. I will study the information in more detail. Sometimes too lazy to check everything carefully. Such posts are useful.

[poodle63]

1. They have no product. They claim to have a product in private beta, but it's a lie. They just put you on a wait list, making you think they have a product.

2. They have no office address or phone number unlike legitimate ICOs.  They admit that they have no office.

3. Co-founder Robert Giometti is just a student according to his LinkedIn. He has no accomplishments and no business running a multi-million dollar company.

4. Even though they have an extremely small team with almost no developers, most team members do not list Sapien Network in their LinkedIn profiles. They are either fake, or they do not consider Sapien Network to be a full time job.

5. The white paper claims to use Meteor.js because it is the "recommended framework for decentralized applications." Meteor.js is mostly dead, as it was replaced with technologies like React.js and Vue.js. There is no recommended framework for decentralized applications.

6. They hired people from low wage countries to join their Telegram chat to talk excitedly about Sapien. These are not real investors, they are paid pumpers.

http://scamya.com/

Interesting, How sapien comes with so many hype. But i'll try to make deeply research about that. But i just see on the sapien site the beta platform is live. But it looks against your argument about sapien has no product. basically ico try to raise money to support the product development. You must remember i'm not a sapien supporter.

[ENyNassim]

Many lies without any proof..
This topic need to be locked and delete. Some ppl can be follow this guy without verification. That's real fake FUD...

[CryptoSergio]

1. They have no product. They claim to have a product in private beta, but it's a lie. They just put you on a wait list, making you think they have a product.

2. They have no office address or phone number unlike legitimate ICOs.  They admit that they have no office.

3. Co-founder Robert Giometti is just a student according to his LinkedIn. He has no accomplishments and no business running a multi-million dollar company.

4. Even though they have an extremely small team with almost no developers, most team members do not list Sapien Network in their LinkedIn profiles. They are either fake, or they do not consider Sapien Network to be a full time job.

5. The white paper claims to use Meteor.js because it is the "recommended framework for decentralized applications." Meteor.js is mostly dead, as it was replaced with technologies like React.js and Vue.js. There is no recommended framework for decentralized applications.

6. They hired people from low wage countries to join their Telegram chat to talk excitedly about Sapien. These are not real investors, they are paid pumpers.

http://scamya.com/

You should be really frustrated or have something personal against that project to create a website with whois obfuscation, then an anonymous profile at Bitcointalk to say those lies.

First of all they have a beta and there are many videos with tests of the prototype on youtube, so there is a product.

Second on the bottom of the page there are legal terms which mention the company name located in Delaware. If you just moved you ass and went to the Delaware company registry you would notice the company exist under the registration number 6056342

Yeah Robert Giometti is a student and is the CPO of Sapien Network... they also have Aurélien Nicolas that worked at Oracle as security developer, and has an extensive experience.

If you where not a lazy big ass you were able to find answers to what you state there, and end up with "a team member is student and I prefer React.js than Meteor.js"

[DrmRuben]

This is pure FUD, probably by somebody frustrated to not participate to the ICO and wishing to buy the tokens for cheap.

Many videos of the platform are on youtube and verified by trustworthy members of the crypto space.

Nothing to see here, except a troll.

[posi]

The OP accusation is a strong accusation and of which we need you to proof that the so called Network is indeed a scammer but I hate the fact that the accuser was Newbie and the users claiming the OP was liar are also Newbie.

Could guys use your real account.

[fileo]

Sapien network seems good although you base your argument according to what you think. But I think your wrong because they are working now. Maybe you just wait for the development of the projects. If sapien network is scam there will be massive thread in the forum.

[ThomArme]

1. They have no product. They claim to have a product in private beta, but it's a lie. They just put you on a wait list, making you think they have a product.

2. They have no office address or phone number unlike legitimate ICOs.  They admit that they have no office.

3. Co-founder Robert Giometti is just a student according to his LinkedIn. He has no accomplishments and no business running a multi-million dollar company.

4. Even though they have an extremely small team with almost no developers, most team members do not list Sapien Network in their LinkedIn profiles. They are either fake, or they do not consider Sapien Network to be a full time job.

5. The white paper claims to use Meteor.js because it is the "recommended framework for decentralized applications." Meteor.js is mostly dead, as it was replaced with technologies like React.js and Vue.js. There is no recommended framework for decentralized applications.

6. They hired people from low wage countries to join their Telegram chat to talk excitedly about Sapien. These are not real investors, they are paid pumpers.

http://scamya.com/

You need to put some links to prove what you are saying, actually it only looks like fud.

To show you how it is easy to lie here is an example : I used to meet SAPIEN's team few weeks ago, they showed me their office and gave me some confidential datas about the project, it will ne huge trust me...

[holepauvre]

http://scamya.com/
I vomited while watching this.

[nlab]

What the hell man ??

I just went to their website and check what you say

They have a product you just have to register in the white list ... wait a email... and you can try the beta. It's normal, they have to control their flow.

It can be a realy good project pin, private/public, messenger, message filter ... I sure this can be a alternative to telegram and steemit (did you realy read their WP ??)

It's not because 1 guy have a light experience that meen the team is bad.
Aurelien Nicolas the CTO had experience in Oracle company, and lovoo a social meeting (https://www.similarweb.com/fr/website/lovoo.com)
Stefan Ionescu was a consultant on blockchain
Christopher Lee was a Manager Marketing in Meural and Iboostify.

You don't need a huge team to create their project and still if they grow they can hire ... I know what I meen I got experience on create company

so please stop talking with your ass you will be nice  

and I will finish with your website ... and say 🤢🤢🤢 HAAAA my eye ... help me i'm blind 😵😵😵
your website look like a scam ... ho you see easy to fud ... pfff

[bttmember]

I was actually following this ICO and was going to buy some tokens, i did not analyse with such angles as you did, i think your red flags have some worth but i am sure the team will be more visible and communication will get better then your concerns will be gone, the only concern i found after analysing their details was high soft cap, i personally thought that huge funds are not required for this kind of project, but lets see what actually happens during the ico.

[Problems of Hdac]

They keep saying accepting people in rolling basis for beta, but is there trully anyone accepted for beta or they just lying.

[crazylikeafox]

It is good that you give us heads up about this scam. That is why it is vetter to research ico before joining in their bounties. There are really only few good ico now adays.

[bigwood]

Based on the following website, Sapien ICO may be a scam:
http://netcide.com/sapien-spn-ico-sophisticated-scam-not/

There are so many red flags:
1. The Sapien (SPN) ICO Compromised or missing escrow: Absence of an escrow account is the biggest red flag to look out for.
2. No technical details in the Sapien (SPN) ICO whitepaper: If an ICO promises to disrupt an established industry without providing any technical or operational details, it qualifies as a scam. Good whitepapers have charts, calculations, specifications, and even code at times. Look at the ETH whitepaper and you will find the difference.
3. For the more technically inclined, check whether the project’s code is open for scrutiny on github. I could not find Sapien on github.

This list can go on and on.

The Sapien team should come out and defend themselves - otherwise, I am inclined to think that Sapien ICO may be a scam.

[myfama]

I actually made some investment in them regardless all the red flags not to say I wasn't aware. Please tell me one single ICO that came out clean without any FUD or red flags?? Even one good high rated ICO also can't get away from FUD.

I only invest in what I believe and do not invest amount I cant afford to lose.

[nopedope89]

Thank you for the warning. We need to be more careful. The bigger the market the bigger the frauds.

[Naxey]

Thanks for the warning! I will re-check this ICO!