Kloudtoken - possible PONZI - SCAM

[ICOEthics]

What happened: possible Ponzi Scheme - SCAM  

Scammers Website: http://ico.kloudtoken.com
http://web.archive.org/web/20181206172416/http://ico.kloudtoken.com

They are not listed on this forum yet.

Return of Investment between 15-50 times:




Promise of 4,600% RETURN!!!!









Should we sell our houses, cars, etc and invest in them? (lol)

“50x Return $100k Minimum” investment = $5M returns
“30x Return $2M Minimum”  investment =  $60M returns
“20x Return $100k Minimum” investment = $2M returns





Website: NO SSL
Creation Date: 2018-08-31T08:58:29
Registrar Registration Expiration Date: 2019-08-31T08:58:29
Site is Trinidad and Tobago  based , But The Real Location Is Being Hidden. Possible Canada.

[1715606331]

1715606331

[1715606331]

1715606331

[1715606331]

1715606331

[coinlocket$]

Sorry for the ot, basically you can go on the most popular faucet here moonbit.co.in (be care when you click they will start automatically one browser miner) they change banners every few days, most of them are link to ponzi

like
https://gogoearn.com/
https://bittrust.biz

Every few days they change those ponzi ads

[timerland]

Lol. Only delusional people would actually believe in these types of returns.

You simply can't have 15x-50x ROI, with "speculation-free". If any investment scheme or platform promises risk free investments with high returns, it's as good as admitting that they are running a ponzi scheme. In the real world, all high return securities or assets have high amounts of risk. Furthermore, apparently their platform is "interest free"? That just confused the hell out of me.

Don't hand any money, or personal information to these people. They are asking KYC/AML for ICO registrants, it seems, and it is probable that if you do hand it over, they will either sell it off or perform identity theft with it. This scam is honestly as obvious as they come.

[kloudtoken]

hello from the Kloud Token team.

this review came in before the full whitepaper of the project was published.  We assure you that the terms of reference of our crypto currency and blockchain is like no other crypto project. 

the currency powering the platform has a very advanced security architecture, enabling fully serialized tokens and processes to mitigate theft and allows identification of all tokens generated on the platform, not just volumes as is recorded in blockchain today. 

Further this project is not meant for profiteering but advancement of humanity ensuring a significant amount of currency is marked for charities, global technology development, education and an entire ecosystem of sustainable system. 

further the proof of mining and many other technical specifications resolve most of the problems faced by crypto today...and yes the platform is speculation-free as it is fixed-value and unlike other cryptos like Tether that have no real benefit, does bring together a holistic approach to crypto currency and blockchain technology. 

We urge all to review our whitepaper and hope that all other cryptos in future will follow a new standard we have developed over a long-term strategic period.

Please note regardless of the ICO success or failure, the blockchain work has already began and should be published in a few months so this ICO is intended to accelerate the rollout of the ecosystem that attempts to bring equitable trade as a basic human right.

Feedback is welcome

[blurryeyed]

Feedback is welcome

Here's mine.

That was the funniest read in a long time - a ponzi scam in the name of human rights & the advancement of humanity.....LULZ at that!!

Your statement & project reeks of ponzi poo.

[marlboroza]

Feedback is welcome

You can get only one type of feedback for this 

When(if) you create announcement thread, make sure to place it in investor-based games, home of ponzies and other questionable schemes.