My research for spam coins/tokens

[#Darren]

I took part in some bounty campaigns from listed projects and I would not say they are scammers. A lot of them are still developing their products, but they are working. The chances of getting succeed is around zero, but they are not scammers.

[NewRanger]

I took part in some bounty campaigns from listed projects and I would not say they are scammers. A lot of them are still developing their products, but they are working. The chances of getting succeed is around zero, but they are not scammers.

the chances of success now in many projects are very low but they still exist. the situation on the market is difficult and if the project which is developing but it does not have any liquidity then this is a good sign

its rare to see projects success in crypto market now, most of them wer failed only in few months after ico or ieo finish , moreover if this projects based on token and create utility token. And also investors now blamming developers team when they could not listing token in reputable exchanges as investors want. And finally they dump token till have no trading volume.

[red4slash]

I took part in some bounty campaigns from listed projects and I would not say they are scammers. A lot of them are still developing their products, but they are working. The chances of getting succeed is around zero, but they are not scammers.

the chances of success now in many projects are very low but they still exist. the situation on the market is difficult and if the project which is developing but it does not have any liquidity then this is a good sign

its rare to see projects success in crypto market now, most of them wer failed only in few months after ico or ieo finish , moreover if this projects based on token and create utility token. And also investors now blamming developers team when they could not listing token in reputable exchanges as investors want. And finally they dump token till have no trading volume.

so far many of the projects have failed to survive for a long time, apart from that the condition of investor confidence is currently reduced due to some history of fraudulent projects. it may take a while until further developments and for spam tokens there may always be due to poor developer capabilities

[adjed]

The painful part about this is that some of these tokens raised so much funds in their tokensale stage and some just quietly faded away into the sunset to enjoy their loot, some didn't even release a single shred of code after their successful tokensale or ever did anything to boost their token price, they are just around and quietly waiting for their community members to finally lose interest in the project and move on, this is quite painful but it isn't rare in the Cryptocurrency space, I got some of those tokens you mentioned, more than I could possibly admit but it's all lessons learnt.

[Genemind]

There are thousands of altcoins and we could create our own list of shitcoins depending on our experience in dealing with these coins. Accusing shitcoins as scam should also come across with certain evidence and proof. However, Op's point here is to spread awareness. I just understand the agony of searching for a legit project during this season. Scams projects and shitcoins are everywhere so we have to do our own research first before we invest or before we join a certain project.

[gabbie2010]

The non regulation of cryptoshphere is partly responsible for the turn out of those shits coins or tokens majority of developres of these coins are out there to scam unsuspecting investors I thinks its high time drastic measures should be taken to weed out those shitcoins,  their fraudulent activities has been painting the entire cryptoworld in a bad light, there should sensitization on the need for crypto enthusiast to focused more on the already established cryptos like bitcoin, ethereum, BCH. LTC etc.

[masterrex]

Thanks for your time and effort to post these information mate, But i have a question for you! how can you so sure that all projects that you list are all scam, did you invest those projects what is your parameters on how to identify them as a scam project, I hope you add any support links so that we can use those links to examine the projects that you mention for our own satisfaction.

[Lexurdania]

The non regulation of cryptoshphere is partly responsible for the turn out of those shits coins or tokens majority of developres of these coins are out there to scam unsuspecting investors I thinks its high time drastic measures should be taken to weed out those shitcoins,  their fraudulent activities has been painting the entire cryptoworld in a bad light, there should sensitization on the need for crypto enthusiast to focused more on the already established cryptos like bitcoin, ethereum, BCH. LTC etc.

I agree that regulations are needed to prevent more and more scams in the cryptocurrency market. If there is government regulation, I think the developer team who intends to do the scam will think thousands of times. It's too risky to invest in new projects unless the new project already has partnerships with many companies

[Triffin]

Im not familiar with these coins/tokens because I dont really invest in new coins existing nowadays.

I prefer the old coins as they already established their position and been here for long period already.

I dont know what is the criteria of op to say the coins/tokens are just shitcoins but its a useful lists to determine or verify if he has basis or not.

We actually creating a list of coins, to aware peoples these are not good coins for investment

Listing shitcoins will help the new traders to avoid the mentioned projects but deep research is required for finding the real faces behind the scam projects. The longer we dig into the social media pages of the names in the scam projects, the more connections appear. The worst side of research is to understand the social media profile is hacked, sold or it is real profile of the team member.

There's a thousand of Coins/tokens out there, so having list will really help a lot especially if you are not doing it alone as it takes time to list it, hope that there will be a website for doing it one day, just like coinmarketcap, I am hoping that there is a platform which will list all coins/tokens and will be able to identify those shitcoins if they don't have value for at least a month, or no one is trading on it and if the core team is anonymous, there is no development.

As far as I know, we have already having almost 3000 digital currencies with us. Please do inform with the update, if any. Enlisting them all is indeed a hectic task but more cumbersome would be to go through all of them. The problem to identify lame coins can be solved other way too. If you will choose bitcoin or any of the top altcoin, then you will be automatically protecting your money from investing at wrong place.

[AirdropNotifyer]

Most of the token's name I am hearing for the first time, but I know the ARAW, Foresting, Allsesame and some others from the list. OP you did a great job to list all of these scam coins. ARAW was a shit project from its beginning, I feel glad that I did not spend my time on that shit project. The foresting project was silent for months but they got hype after listing on Bittrex but again the project is dying now. All sesame, such a shit token it is. But wait, Xatrabytes are dying too? I can't believe actually. I had a big hope on that coin.

Thanks for your kind words

[Ferris419]

Yes, the 2018 year was for crypto scammers! They deceived all the crypto investors which harmed a lot to the crypto environment. Not only you, rather all the crypto investors were a victim by these shit/scam coins. You made a perfect list of the shit coins, though I don't know all of them, but heard some of the names from this list. When foresting listed on Bittrex I thought this project will be a gem, but later I understand it's Bittrex which has no reputation like before.

[AirdropNotifyer]

Yes, the 2018 year was for crypto scammers! They deceived all the crypto investors which harmed a lot to the crypto environment. Not only you, rather all the crypto investors were a victim by these shit/scam coins. You made a perfect list of the shit coins, though I don't know all of them, but heard some of the names from this list. When foresting listed on Bittrex I thought this project will be a gem, but later I understand it's Bittrex which has no reputation like before.

Thanks also sir

[AirdropNotifyer]

Yes, the 2018 year was for crypto scammers! They deceived all the crypto investors which harmed a lot to the crypto environment. Not only you, rather all the crypto investors were a victim by these shit/scam coins. You made a perfect list of the shit coins, though I don't know all of them, but heard some of the names from this list. When foresting listed on Bittrex I thought this project will be a gem, but later I understand it's Bittrex which has no reputation like before.

Thanks a lot sir

[dnsokoljuk]

Hello Dear Respectful members, it's my first post at this forum hope you will corporate with me I know there are some angry and kind people's so I'm pretty sure it will be very useful for some peoples,

Note: Please don't take that I'm paid or want something

So I'm posting coin/token Names so please be aware from these fraud coins or tokens.

 2018 was best year for crypto scammers, I also becomes victim of scammers. So we don't want to repeat this again

Here is list #1 of that shit;

Coin Name: AZAL SHOP COIN.
-Reason: in desktop wallet, there was a hornet to steal peoples info
_CEO Name: still searching...

Coin Name: UPlexa
-Reason: Wallet/mining software contains Trojans/worms
_CEO Name: still searching...

Coin Name: Clearcoin
-Reason: after listing closed, means not working team,
_CEO Name: still searching...

Coin Name: 300cubits
-Reason: almost dead because trading volume is ZERO
_CEO Name: still searching...

Coin Name: Foresting
-Reason: losing its value from 8 months. Continuously
_CEO Name: still searching...

Coin Name: Zulu republic
-Reasons: closed after listing
_CEO Name: still searching...

Coin Name: ARAW
-Reason: no usecase , said we will make a crypto based credit/debet card, but no update.
Price Now: $0.000009
Price in ICO 0.0100
_CEO Name: still searching...

Coin Name: Lyra
-Reason: website is not available
_CEO Name: still searching...

Coin Name: Sharpe Capital
-Reason: Team ran out of funds after they gambled away remaining funds. Officially closed
_CEO Name: still searching...

Coin Name: Innova
-Reason: In April of 2019, Innova Coin was taken over by a new development team but the developers running out of their resources as the price gets lower and lower. $15 to $0.004829 now.
_CEO Name: still searching...

Coin Name: zynecoin
-Reason: No whitepaper , no Road map, team not mentioned they are working in this project. I have checked LinkedIn Profiles
_CEO Name: still searching...

Coin Name: wrkzcoin
- Reason: Just another turtlecoin fork with no development apart from a scammy tipbot that dont even run properly. Pyramid Scam. All turtlecoin forks are pyramid scams even turtlecoin that forked from bytecoin.
_CEO Name: still searching...

Coin Name: monkeytips
-Reason: website is down from long time
_CEO Name: still searching...

Coin Name: DeroGold
-Reason: The coin has no real development or development at all
_CEO Name: still searching...

Coin Name: ATM Cash Gold
-Reason: Mining Software has been disabled, and price pumping dumping.
_CEO Name: still searching...

Coin Name: Pirate Chain coin
-Reason: team members was unreachable, but now they are active .
_CEO Name: still searching...

Coin Name: Invictus Hyperion Fund
-Reason: they said we will buy back our tokens, But never they buy
_CEO Name: still searching...

Coin Name: Blakecoin
-Reason losing it's value from 2018 continuously
_CEO Name: still searching...

Coin Name: ethereux
-Reason: closed after selling coins, not even listed ,
_CEO Name: still searching...

Coin Name: Xtrabytes
-Reason: project has been mismanaged and is now on its deathbed. Not followed roadmap
_CEO Name: still searching...

Coin Name: Xensor
-Reason: It does not progress at all according to the contents of the whitepaper, After IEO deposit/withdraw is not enabled, and saying we are doing a swap, website is also down
_CEO Name: still searching...

Coin Name: sonm
-Reason: Exit scam. Not listed after ICO, not refunded to its investers
_CEO Name: still searching...

Coin Name: DFT/ btcdraft.com
-Reason: Dead scam casio coin . Premined and dumped by owners
_CEO Name: still searching...

Coin Name: Alpha Technology
-Reason: Stoled a whitepaper. Got delisted when tried to do an IEO and no exchanges are accepting them
_CEO Name: still searching...

Coin Name: Rewardmob Credit: fuer44
-Reason: one of the teams took away his money and finally the participant was not paid
_CEO Name: still searching...

Coin Name: Zipcoin Credit: fuer44
-Reason: started in 2017 but So far it hasn't been launched to the market exchange.
_CEO Name: still searching...

Coin Name: SST, AllSesame
-Reason: exit, After IEO on LATOKEN..
_CEO Name: Doston Jalolov

Coin Name: Dach Coin
-Reason: officially closed by Dachx Team
_CEO Name: Not found

Coin Name: Blockcat
-Reason: exit scam, CEO Run away..
_CEO Name: Eric Huang

That is great job for preparing this list. You are good! But I am desagree as for Foresting project. They have korean community and mobile app.

[starblocks]

It's an admirable effort bringing these scam-ish projects to light so newbies and the likes don't get caught up in any hype or pump and dumps that may occur as they simply will not be worth it and you can find far better assets to invest in just look through the major ones

[armanda90]

It's an admirable effort bringing these scam-ish projects to light so newbies and the likes don't get caught up in any hype or pump and dumps that may occur as they simply will not be worth it and you can find far better assets to invest in just look through the major ones

Absolutely right,many people now lose money by buying scam tokens/coins.Moreover, they are cryptocurrency beginners.
They are only told that their assets will increase and they will be buy,in the thread they might be able to learn.

[zulfi125]

Good idea to expose spam coins and tokens and also we all should expose these kinds of the coin so that people will aware these kinds of spam project, I want to add another project that has various virus in their desktop wallet that is TERA CREDIT.

[barnes13]

Is this list the coins you invested or are you making aridrop or bounty?
I think you should add reasons and evidence of fraud

I don't think that he should say the reason he joined the bounty or the investment in the project. Because, that won't help at all. The most important thing is he can prove that the project listed above is a scam. Even though he is a bounty hunter among the projects and he is not paid properly, we can assume that there are projects that are not responsible and have poor management in their financial and marketing fields. I still appreciate the information that the OP provided btw, but it would be better if he can added more real and valid evidence.

[minairia3]

Nice that you have initiative to put a list on this but the way you've posted it isn't good. At least use some marker and make it as neat as possible so people here can appreciate it more better. Also, I think you must post this on an appropriate board like scam accusation thread. This will be easily recognize by most users there and lots of people viewing possible scam project there.

[AirdropNotifyer]

but the way you've posted it isn't good

Obviously I'm making better , as I don't have much experience on BTT, so slowly learning