Minereum Token is it a Scam or Not?

[SUMBI99]

My instinct forced me to the Community to see if this is true or Ethereum allow such scam to take part in the network, up to this time many Ethereum Address receive ( 32000 MinereumTokens worth $431.55  )  whether address participated or not it random distributed as I see on their group  people who didn't know the project got it and The project Claim to start 2017 which it is not easy to remember if you participated or not and it is not simple for all to forget group link https://t.me/minereumtoken all addresses receive Token they call them Genesis Addresses

Tokens received is Rocked under version 1 of MNE  no transfer to any address until you upgrade to so-called Genesis address  v2 or v3 (0ne which receive Tokens)

Token Also Listed on Livecoin with few volume https://www.livecoin.net/en/site/login

The airdrop seems persuasive 32000 MNE Cost 400$+

There a lot going on with the Token Until you're able to use it and until now no one confirm if he/she successes to upgrade and trade, it still confusing but the coin is on https://coinmarketcap.com/currencies/minereum/

I think of something New scam people although I'm not yet Confirmed it.

    

[sorrros]

The situation is similiar to KickToken, they also distributed tokens among almost all Ethereum users, but these tokens are locked by smart-contract and if you would like to unlock them, you need to meet some requirements what can be buying more tokens.. 

[bittick]

You need to pay small ethereum as the unlock fees to open your wallet and you must wait for more than 30 years to unlock all of your tokens in your wallet gradually. This is a new scheme that the owner maybe was applying for a small fee but he was looking for quantity and this is a new trick to scam others.

[Twinkledoe]

You need to pay small ethereum as the unlock fees to open your wallet and you must wait for more than 30 years to unlock all of your tokens in your wallet gradually. This is a new scheme that the owner maybe was applying for a small fee but he was looking for quantity and this is a new trick to scam others.

Maybe in the long run, the MNE dev team wants to have steady "income" from this scheme. But this token has been here for a while already. I remember giving all those tokens for airdrop. I was still new in eth at that time. It is up to the users who got their share if they will unlock their wallet and pay for certain fee. Anyway, the MNE team is not obliging their users to do that. But the price of their token has gone down so much already.

[blockman]

There is already a topic that was made for minereum being a scam/another ponzi, you have to close this thread and discuss continuously on that certain topic.
(https://bitcointalk.org/index.php?topic=5241770.00)

[omone1]

It's nothing but a spam coin like kick token. The aim is to create awareness about them and gather community and see who tries to buy and afterward dump on the community and kill the price never to resurrect again.

[Ryushin]

I can never invest in such coin because the use case looks dubious, this is not a good way to create awareness for a project, it's more like a Ponzi scheme, do not be fooled

[SyndicateLabs]

You need to pay small ethereum as the unlock fees to open your wallet and you must wait for more than 30 years to unlock all of your tokens in your wallet gradually. This is a new scheme that the owner maybe was applying for a small fee but he was looking for quantity and this is a new trick to scam others.

Apparently they are creating a token to scam people in this market. Unlock all tokens within 30 years? It's the craziest schedule I've ever known, don't try to send ETH to them to get these bullshit tokens.

[Bestmanbuka]

You need to pay small ethereum as the unlock fees to open your wallet and you must wait for more than 30 years to unlock all of your tokens in your wallet gradually. This is a new scheme that the owner maybe was applying for a small fee but he was looking for quantity and this is a new trick to scam others.

Are you serious?
Some projects are really funny even when they are not dubious, their actions speaks volumes and reduce their investors confidence.
How do people send them ETH for unlocking of their tokens and still wait for a whole 30 years to finish unlocking their tokens. This is laughable and I pity anyone that will fall for this cheat. Even God can't punish sinners this hard.

[mu_enrico]

I'm not sure if it's a scam or more like a stupid money game. If you received the airdrop, your tokens are locked, and you have to pay some ETH to "self-mine" the tokens. IMO at the time the mining process complete, your tokens will worth 0 (zero) lol

And their only exchange is livecoin.

[bassbity]

I'm not sure if it's a scam or more like a stupid money game. If you received the airdrop, your tokens are locked, and you have to pay some ETH to "self-mine" the tokens. IMO at the time the mining process complete, your tokens will worth 0 (zero) lol

And their only exchange is livecoin.

Just imagine a lot of people get 32k MNE tokens with an estimated $ 400 if sold, of course this will affect the price or even no value at all.

So I think it's useless to get an MNE token if it can't be sent or have to raise it to the top level with high ETH costs, of course this token is useless.

The exchange at Livecoin does not have a good volume of pumping, now it may be manipulation.

[VDraci]

They have given out too much tokens so all we should expect is zero, 32000 tokens worth 400$ and you are asked to deposit 0.3eth to be able to sell your 32k tokens, it's a well planned Ponzi scheme

[Krabby]

I'm not sure if it's a scam or more like a stupid money game. If you received the airdrop, your tokens are locked, and you have to pay some ETH to "self-mine" the tokens. IMO at the time the mining process complete, your tokens will worth 0 (zero) lol

And their only exchange is livecoin.

It's a very clever scam coming from the creator of this project. Certainly many new investors will be trapped by this huge reward. Every day we see scammer getting smarter with many different forms of scam, so be really careful.

[avikz]

I'm not sure if it's a scam or more like a stupid money game. If you received the airdrop, your tokens are locked, and you have to pay some ETH to "self-mine" the tokens. IMO at the time the mining process complete, your tokens will worth 0 (zero) lol

And their only exchange is livecoin.

It's a future scam most definitely! If the airdrop is locked and the users need to pay to the network to unlock it - makes no sense! Such kond of coins don't have any utility in real or crypto world. Just the owners of the coin will make some money and run away.  Nothing great is expected out of such tokens other than siphoning money out of investor's pocket!

[Retainly_Collie]

If we need to send some money to be able to receive tokens, then I think it's not an airdrop. So in my opinion this is a scam project, they offer an airdrop worth $ 400 and you need to spend $ 50 to unlock this airdrop? What an easy job for greedy people

[gaston castano]

I’m not sure, some people I’ve heard say their account must be at level 3, I don’t know exactly what for, but from what I’ve heard they need to do that.
either for the conditions to go away or something  because I didn't get the token, I really don't care about that.
but for current conditions to be honest, $ 200 is a very expensive price to be paid for free via airdrop.

[Saisher]

It's a future scam most definitely! If the airdrop is locked and the users need to pay to the network to unlock it - makes no sense! Such kond of coins don't have any utility in real or crypto world. Just the owners of the coin will make some money and run away.  Nothing great is expected out of such tokens other than siphoning money out of investor's pocket!

Majority of the people here have common sense people hates locking their token if this is an airdrop then you need not ask people to pay to unlock it, it's  investing not airdrop and based on their features I don't think people will be interested to unlocked their token that will need them to take years before they can claim all the tokens.

[Denies Distro]

I’m not sure, some people I’ve heard say their account must be at level 3, I don’t know exactly what for, but from what I’ve heard they need to do that.
either for the conditions to go away or something  because I didn't get the token, I really don't care about that.
but for current conditions to be honest, $ 200 is a very expensive price to be paid for free via airdrop.

worth it for today because seeing the price on this livecoin token has a very crazy pump, but I'm sure this is only for a moment because I'm not surprised by the game at livecoin but if someone upgrades and manages to get thousands of tons it's enough to cover the $ 200 cost.

[Furious 7]

I’m not sure, some people I’ve heard say their account must be at level 3, I don’t know exactly what for, but from what I’ve heard they need to do that.
either for the conditions to go away or something  because I didn't get the token, I really don't care about that.
but for current conditions to be honest, $ 200 is a very expensive price to be paid for free via airdrop.

It's true for those who have MNE that results from airdrop should upgrade their account to level 3 at a cost of 0.4ETH (if I'm not mistaken) I think that's a big enough cost to redeem their tokens.
Later MNE tokens will be staked with 1.8 MNE per day from 32k, imagine how long it will take after redeeming tokens, such as extortion.

[luckyflop]

I don't know anything about this token yet, but I've read some posts and they say you need to pay some ETH to unlock the airdrop. So I think this is just a scam from them, after you unlock the token, the price will go to zero and you will lose.