Just a warning that Sapien Network ICO is a scam.

[disconnectme]

Thanks for the warning, to be sincere the idea do not appeal to me, but the most worried point here is the team, if their profile do not reflect that they are working on the project, this is a red flag for me.

[yrsat]

When the next time you will write an article, and advertise your site, apply proof of what you write. I believe that your text is a lie, but I can not understand why you wrote it.

[seb_kr]

Where is the crowdsale contract located at ?

I did search, I looked at the hypothetical source code on github ( https://github.com/SapienNetwork/Sapien-Presale ), but there is no way to tell if this is the real contract as far as I know.
Plus, using only 3rd party services for everything in their site, does raise a very big red flag right away.

It looks like a scam, sounds like a scam and smells like a scam.


PS : 1000 shares for 2 comments on their facebook posts... legit !

EDIT : their bitcointalk topic full of bots : https://bitcointalk.org/index.php?topic=2710218.0

[newegggo]

I have kept wathing this project for a long time.
They have raised 20k ETH, but the momentum is clearly gone.
My main concerns are the team and the product. I guess I will just pass it eventually.

[paladium]

I do not expect scam. It was a project I was very trusting about. I have recently been afraid of investing in ICOs.

[newegggo]

I do not expect scam. It was a project I was very trusting about. I have recently been afraid of investing in ICOs.

I will go that far to call it a scam, but I believe it is not worth that much.
Some college students wanna disrupt facebook? I don't think so.

[seb_kr]

I have kept wathing this project for a long time.
They have raised 20k ETH, but the momentum is clearly gone.
My main concerns are the team and the product. I guess I will just pass it eventually.

Could you please share with us the ETH address of the smart contract to check those 20K ETH ? 

[Wondervhel]

Thanks for the warning. I will watch it and see what happens.
I have a reserve that this is not a scam, but I'm not sure.

[yrsat]

Thank you for warning, now there is a lot of fraud in the field related to the crypto industry. Many crypto projects where scammers.

[mrox2011]

They have scam in their bounty program , they have reduced their share of 25,000,000 to 2,000,000 
Beware from those sapien

[Psynthax]

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.

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

Both newbies account above me just troll accounts. lol

A lot of bounty participant gets fucked due to the developer wants to pay worth 0.5% of the total allocation.

If you guys, try to defend your ICO and get paid some dollars for that and what a funny thing at this moment. A large team will provide excellent performance if you can combine it with enough proportion.

[newegggo]

They have scam in their bounty program , they have reduced their share of 25,000,000 to 2,000,000 
Beware from those sapien

Is this true?
If they changed their terms as their wish, that is red flag.
I will keep a close look at their crowdsale.

[paolma]

I dont know is it a FUD or no, i invested in sapien.network, the project looks solid to me and almost every ico is far from a working product so...

[newegggo]

I dont know is it a FUD or no, i invested in sapien.network, the project looks solid to me and almost every ico is far from a working product so...

I remember they claimed they have a working product.
It would be great if people can try it before crowdsale starts.

[mummybtc]

I was told you don't have a proof for all your allegations, it is not that I am interested in investing in the project but this is one of the thing that happens last year when Qtum was conducting their ICO and FUD like this make me to miss out on a great return

[jagdeepjd]

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/

a very informative post will look into it I was looking at sapien network ico as a good one, I did not buy into the ico but I was supporting them spread the word by participating in the bounty campaign. I just hope it does not turn out to be a scam as the ico was successful in raising the hard cap.

[Sid3d]

You put forward serious accusations against the Sapien project, but so far, in addition to your unconfirmed words, I have not found any evidence that Sapien is a scam.

[newegggo]

As I said before, it goes too far to call Sapien a scam.
My concern is that they raised too much fund without much proof of their ability.

[lordzc]

It's not ethical to drop the bounty. It's not fair to change the rules afterwards.

[sugihe]

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.

If its live so it has working product so working product need money to develop the product.
However thanks for warning and with this we need to becareful more about scam ico and doing more research.