Exit Scam

[Jonking]

There are reason's why we need to do intensive research- thus this will happen to our investment..

Please see the article https://thenextweb.com/hardfork/2019/05/16/repux-joytoken-ico-exit-scam-8m/

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[livingfree]

Be careful with ICOs, we were all warned about many of their shady projects.

And as long as there are investors that are too gullible with such projects, they will continue to reproduce. It's hard to accept for them that the best days of ICOs are now gone.

[cryptofirm]

There are reason's why we need to do intensive research- thus this will happen to our investment..

Please see the article https://thenextweb.com/hardfork/2019/05/16/repux-joytoken-ico-exit-scam-8m/

thats right, we must do a deep research first before investing in any ICO project
research in all things about the project is needed, especially with the team member mate
because a good project will have a trusted team member

[asritajudin]

Exit scam ico project are very popular in the year 2018 and i hope it shall be reduced or totally eradicated by the introduction of the IEO.
I will disappoint you by saying that there is no amount of information or research we can carry out about some scam project without becoming a victim.
The ico scammers are highly intelligent people and they understand all the rules and bends of the game.

[Muzika]

There were lots of many projects in the market that has been successful in terms of their sales but they are want to run away after the investors and the participants, they are all creating a good reasons for the people for not paying them and they are saying that they need some time for their coin to recover or to established their coin first.

[Erickan]

Investing in ICO is always something very risky. so we have to study carefully before investing in any project. For ICO market, almost 80% is fraud, so it is best to stay away from it if you do not have knowledge. Investing in top 10 CMC projects seems safer.

[sujonali1819]

Such type of many ICOs are now exit scamming day by day despite raising million million dollars for this reason I am not like investing in any ICOs. People should aware  before investing in any ICOs not after making any investment.

P.S: Little bit of confusion about this topic  that is not related for this (speculation) section.

[wheelz1200]

It's easy if most people stopped buying into icos and wait to put their money into something which has a track record, than launching icos will be less appealing for scammers.

[zgrdyg]

They both handled by amazix. After this, we can easily say, amazix can't be trusted and overrated a lot.

They just care themselves.

Look at their response:

"AmaZix CEO Jonas Karlberg reached out to Hard Fork to point out that the creative agency helped RepuX and JoyToken with community management; he further added that promotion and content production for RepuX and JoyToken wasn’t handled by AmaZix. We’ve updated the piece to reflect this."

No sorry, no anything. Also, they managed the bounty so i am not sure what they are talking about promotion and content production wasn't handled by them.

[efrenbilantok]

Whether it is run by big company or small company, scam is inevitable because greediness is somehow part of the nature of a human being, this has said many times over that always be careful investing in ICO's or any investment there is always the risk but atleast minimize it by doing some research prior to investment

[Gozie51]

There are reason's why we need to do intensive research- thus this will happen to our investment..

Whether research or no research, we have known many icos to be shitcoins, it is unfortunate that this is the situation and no wonder that people are not too zealed to invest in it. They rather buy known coins and wait for bull.

[Capt00]

There are reason's why we need to do intensive research- thus this will happen to our investment..

Whether research or no research, we have known many icos to be shitcoins, it is unfortunate that this is the situation and no wonder that people are not too zealed to invest in it. They rather buy known coins and wait for bull.

It's a high risk investing ICO now maybe even the newest one the IEO maybe they are the same pattern. The most likely projects now are the same as what happened to OP, an exit scam project. Maybe from the start they had a two option whether you've success then we continue the project but if not hit the raised fund they will exit scammed and abandoned the project.

[CryptoBry]

There are reason's why we need to do intensive research- thus this will happen to our investment..

Please see the article https://thenextweb.com/hardfork/2019/05/16/repux-joytoken-ico-exit-scam-8m/

I supported RepuX in its ICO run but after the crowdsale they even fooled the bounty hunters by distributing less than what they published here in this forum. At that time, I know this project will not be successful even if they got some millions into their bank account. Sad to see so many project (which got some good potential at the time they were doing crowdfunding) doing the exit scam as if they never have the responsibility to people who trusted and supported them with the money (which am sure are hard-earned). Unfortunately, it is so hard to run after these scammers and put them on justice.

[Ararbermas]

Ico's nowadays are not safe actually that's why making research is the most important before putting money ,wherein just to avoid such issues and to assure everything will be fine , because mostly had fake team behind nowadays and very difficult to determine so we must be careful before investing and don't ever jump quickly on it.

[joshy23]

Ico's nowadays are not safe actually that's why making research is the most important before putting money ,wherein just to avoid such issues and to assure everything will be fine , because mostly had fake team behind nowadays and very difficult to determine so we must be careful before investing and don't ever jump quickly on it.

Don't jumped without investigating the project and the team, the development can be fake and the whole set up as well, but if you are really care with your money never ever to invest without doing proper investigations, select then pick the best one that you think that will bring something in returned.

[CryptoNurse]

So many exit scams are the reason I wait for a project to be around for 90-120 days before I even think about touching it. Probably saves me more money that it looses me by doing it this way.

[WannaCry]

there are so many scam projects/ICO's last 2018... if you manage to research deeply you can tell if they are scam or no,.it's better to invest in existing coins in cmc rather than spending your money on ICO's

[jhongzjhong]

there are so many scam projects/ICO's last 2018... if you manage to research deeply you can tell if they are scam or no,.it's better to invest in existing coins in cmc rather than spending your money on ICO's

I also witnessed these scenarios last year, there's a lot of projects that exit scams and usually those are exchange sites. They can't blame us if we don't trust them anymore because of their outcome project that majority is a scam or not yet listed on an exchange. So, even how many research you have done but if the project will run away after they got they want.

[adzino]

There are reason's why we need to do intensive research- thus this will happen to our investment..

Please see the article https://thenextweb.com/hardfork/2019/05/16/repux-joytoken-ico-exit-scam-8m/

Sad they ended being a scammer. It's not the first time some ICO performed an exit scam. Sadly, people still fall for those scams even after reading about those fraudulent ICOs online. They are the one who encourage those ICO scammers to scam more people.
Hope at least for this time people actually realize that most ICOs are just scam and do their research before investing on these ICOs.

[abstractednerve]

Actually, it hurts! Because when you believe in someone and then they betray you! Repux and Joytoken both looked very promising! One of the leading ICO management team amazix did promote for them! Joytoken and Repux both were from the same CEO! After finishing the ICO, these both projects cheated with the bounty hunters, then I did not see their any good progress and now they are a scam! How can you believe in an ICO after this? When everyone has no intention to think about the scam because of their team members, the working system, activity everything was such good and now they are a scammer! Sadly true!