I was scrolling around the bounties section looking for a signature campaign when I found this project . Here's an introduction to the project and what it looks to do in the industry -

Introduction
Coinect is a new trading bot/tool/system that is able to implement on popular exchanges (binance, kucoin, bittrex, bitfinex) and uses AI to minimize a loss while making favorable trades that will profit. They claim that in 1 month, they are able to make a 48% profit, which sounds incredibly similar to popular ponzi schemes .

AI System for guaranteed profit
Coinect claims that they are able to implement a trading system that guarantees in average about 20-50% profit. From their whitepaper, they claim that they will have a system that will cover ~20 exchanges and will work in a way which is as follows -


They claim that they are able to calculate this, but how would this work from 20 exchanges? On popular exchanges like binance, the price of something is changing constantly and since you are making small trades and arbitraging, this might go wrong a lot of times. (This part is a bit messy, I am not very well versed in trading/arbitraging, if anyone has any better comments/analysis, feel free to comment).

False Advertising/Sloppiness
The entire website is very sloppily made and the details are often wrong, for example -

At first glance, it shows the profit is around 40-45% a month



Then in the section next to that, the text reads 20-50% profit a month.



Then if you try forecast your profit, it shows 48%?



You are also unable to change the slider from 1 month, it seems like that parts broken.

They also make it seem like they are going to be listed on popular exchanges, or at least know them and are connected with them shown in this picture -



I am unsure about other exchanges, but binance doesn't announce partnerships before the ico ends, so definitely dodgy at least. They are trying to mislead dumb investors here.

No experience
When you are looking to make a financial asset platform, especially if it is ai involved, you better have a lot of industry relationships and experience. This is the total opposite of the Coinect team, and the linkdelin profiles they provide are incredibly barren and they either have no experience or have some experience with some unknown company. They should have proven performance, social media presence, industry connections, instead, we are greeted with some possibly fake accounts that look like they were made 1 month ago.

The CEO/Team lead -  Dominic Hall
The CEO has made a total of 7 connections on linkedlin and has 1 past job at GFT, which I can't find anywhere. Definetly not fit to be running a million dollar finanical asset platform. I think these 7 connections are the fellow team members in coinect, as each of them have 7 connections each. 



Conclusion
Does not look like a very trustable ICO. I'd love to hear your thoughts though, thanks!

I agree with you about this cheaply made attempted scam ICO and it's unfortunate this thread hasn't been seen much.
One or two skeptics are currently ah 'interacting' with Coinect on their ANN thread.

Thank you tmfp! I was careful with my words as it is incredibly shady, but not on the level where it is a confirmed scam. The team clearly know how to manipulate words so it isn't dodgy enough to call it a scam, but it is definitely not legitimate.

I agree!

More evidence about their fake team.

I am 100% sure that they are aware of situation, I am not sure why they are ignoring facts.

Last two PM's from Wapinter:

I think the focus of every scam exposing thread is on me. Instead of finding ways to prevent scam ICOs just neg rate their manager.But will it stop scam ICOs?They will find just another guy to get their bounty posted.Should not we be concentrating more on finding ways to prevent scam ICOs instead of putting all blames on managers?

When did I say managers should not take this responsibility.All I am trying to say that once a scam ICO is exposed,and IF a manager is ready to co-operate,we should not put all blame on him and keep posting threads one after other against him to an extent that even a scam thread against ICO (like this one) turns into manager bashing thread.I take full responsibility for not doing in depth research before accepting some bounty campaigns.

They take advantage of the people who don't know what arbitrage is, and try to sell it as something new that is able to make you rich instantly just by investing in them.

The promise of guaranteed returns is going to lure a lot of investors in as a result, but it's also the primary tell-tale sign of all of these scams. Even if they do pay investors fat the start, they are still a ponzi scheme with a ponzi structure due to the fact that they claim such exuberant amounts of returns.

Team is obviously faked as exposed by coolcryptovator (kudos to him), and misleading advertising as regards to their partners.

Don't be greedy and don't invest in these claims of guaranteed high level profits, and you'll do much better off.

It is totally inappropriate, try to imagine this,  every sections has different discussion, that is why they have designated names such as "local boards" and "scam accusations" i have chosen that two sections for you to ponder on to the title given. 

I know that you have concern to your co-turkish-citizens, but even thou you translate it to your language it will still be an scam accusation thread that should or must be posted from it's rightful designated section,  the "scam accusation". I hope you understand this well. 

However,  Nice catch OP,  and to Coolcryptovator.