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Author Topic: [Review] Medicohealth - Red flags and a serious case of follower buying  (Read 55 times)
tokenlion (OP)
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May 22, 2018, 07:17:33 AM
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Hello,

On May 21st our Tokenlion platform calculated that Medicohealth has gained over 32 thousand new followers on Twitter, but just 5 new subscribers on Telegram. Because of this enormous difference we inspected their Twitter account.

What we found wasn't really great - the huge majority of "new" followers are actually low-quality fake ones.

How could we tell?
- No profile pictures
- No descriptions
- No tweets
- The same amount of followed accounts on different Twitter accounts or really similar numbers.

Only a handful of accounts were legit and real people who were interested in this ICO, or cryptocurrency in general.

Not only that, but they have created their Twitter account in February 2018 and already have 63.6K followers.
Compared to the number of following, their user activity or engagement isn't high

We have also spotted enormous fluctuations - from May 7th to May 8th they have lost over 12K followers in 24 hours.
From May 11th to May 12th they lost 26,874 followers. And all of this happened on Twitter.

Since May 1st up to this day, they have gained just over 190 subscribers on their Telegram account. Compared to Twitter, it's nothing but a great indication of cheating the numbers.

We have also found 2 Advisors who are Experts on ICO Bench (Ivo Grlica, Simon Cocking).

Link to the full review of Medicohealth

What do you think about ICOs or Cryptocurrency projects that buy huge amounts of followers? Do they do it just to look good? To attract naive investors?
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apoorvlathey
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May 22, 2018, 08:30:21 AM
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What do you think about ICOs or Cryptocurrency projects that buy huge amounts of followers? Do they do it just to look good? To attract naive investors?
The sad truth is that most of the ICOs do similar things to gain followers. What do you think the social bounties running on the forum are ?
They request the participants to follower their twitter or facebook and in turn pay them in tokens as an incentive. It is also a sort of buying followers but just disguised in the form of campaign with added benefit of getting quality retweets/shares.

On telegram too many projects run referral campaigns to get thousands of users to join their channel.

All this marketing is the result many ICOs get millions of dollars from investors.

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