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Author Topic: Just a warning that Sapien Network ICO is a scam.  (Read 1089 times)
Mezounbanned
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April 11, 2019, 06:08:33 AM
 #81

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/
Regarding 4
This guy has its profile indication to Sapien.
https://www.linkedin.com/in/aureliennicolas/
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April 11, 2019, 09:45:37 AM
 #82

They have an app in beta which give us an idea of what they want to do. A kind of linkedin and facebook. They don't seem to be a scam ICO. But i can't guarantee it. The app for the moment is very limited and people don't really post real information on it. Only the profiles information can be modified and comments on another profile. For the moment, they don't control the informations posted on the app. But maybe they are going to do it if  they want it to be legitimate.
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April 11, 2019, 04:01:17 PM
 #83

from the OP's point of view the evidence that the project was a scam was indeed very strong, but maybe the OP experienced fear if it had to post or report the incident to the moderator about the situation. however, if the OP has strong evidence it would be better if the OP could report it officially to the moderator.

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April 11, 2019, 05:17:01 PM
 #84

I don't know anything about sapien network but i will comment on this:
Quote
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.

It is the %99 of the ico's Cheesy I mean yes it is scamming but it is so common. First, i read this, i said so what is the issue.
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April 12, 2019, 12:23:37 PM
 #85

Adding to the list so many programs that are scam and also there is no clarity on their project. avoid investing from ico or tokens that are not clear from us losing big because they have no price development at all
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April 12, 2019, 12:45:42 PM
 #86

They have app, which works but the purpose of the app is not clear and not sure whether it will be successful. They constantly do promotion on vyper, without paying so far. Telegram group does not have any good discussions. This what i saw.
They might just be camouflaging with the app, I stopped monitoring them ever since I stopped participating in their ICO when it came out, I never even followed it true, I knew something was not right about them, I only did one or 2 weeks of their bounty campaign and dropped the projects for a more reliable ones, how can they function well when they don’t have a project team that can be verified, they are just using that application to buy themselves times to erase their fraudulent activities, they must have even bourn the money got finished by now. People just still need to be more careful with them.

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April 13, 2019, 08:13:16 PM
 #87

If you could get these information easily after they have already finished ICO and dupe whoever they must have succeeded in duping, how come you didn’t get such info and post it before investors and bounty hunters participated in it.

At least they didn’t just adjust their whitepaper now, their whitepaper must have been the same with the one they used during ICO, you now see that we are the problem of ourselves in falling into these scam ICOS, if everyone can do this research like you did before ICO, we will not end up promoting the project or investing in it. So now that you have made the research for us, new investors should be careful with them.
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April 15, 2019, 06:21:36 AM
 #88

Adding to the list so many programs that are scam and also there is no clarity on their project. avoid investing from ico or tokens that are not clear from us losing big because they have no price development at all
You might assist in sharing your list with us, the way you view the genuinely of an ICO might be different from mine, the most common way we usually use before is the whitepaper which has already been corrupted, and the most reliable ones we would have invest in, which are the ones coming through IEO are quite very difficult to participate in because of the slots that gets filled within a twinkle of an eyes, so the best way now is also by reviews, especially on already existing ICOs, anyway, I know we still have some reliable projects, that is why I have decided to strictly be participating too in ICOs being promoted by trusted and reliable bounty managers.
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April 21, 2019, 09:40:34 PM
 #89

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/

That's for the information  you really spent lots of time in doing such a good research, But it seems there are some dude who organized an airdrop which turned out to be a scam,  but will do my own research on this can't conclude yet if it's a scam
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April 21, 2019, 10:25:33 PM
 #90

@OP,
if you think that this project is scam then better to make another thread into the scam accusation board. There you can submit your accusation and have some proofs for that matter. May some DT members can help you.

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April 22, 2019, 12:23:30 AM
 #91

They have app, which works but the purpose of the app is not clear and not sure whether it will be successful. They constantly do promotion on vyper, without paying so far. Telegram group does not have any good discussions. This what i saw.
They have created an app but that looks useless and so many people are aware if that was only a garbage app. I said this based on the fact about how terrible they are dude. Sapian is untrusted platform and so many people know about that.
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April 22, 2019, 01:12:27 AM
 #92

This is pure FUD, probably by somebody frustrated to not participate to the ICO and wishing to buy the tokens for cheap.
Obviously this is a Fud because if he is serious and very truthful he will post this in Scam accusations with proofs of what he was claiming here but he does nothing but detractors

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

Nothing to see here, except a troll.
Upon checking now yeah the project looks like NOthings pointing towards scamming but there are some issues on their apps though i still don’t vouch for them since i have no business with the team
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