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Author Topic: Be careful on project that changes contract address like liker.world  (Read 428 times)
pilosopotasyo (OP)
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May 10, 2020, 02:05:56 PM
 #1

I'm surprised to find out they changed their smart contract without informing their holders and they do not have  contact us page and their telegram channel is already inaccessible, there's no announcement in their Medium or twitter account, now my Likerworld token that my friend gave to me is now useless, check the proejct you've invested if they have plan to change their contract address.

https://www.coingecko.com/en/coins/liker-world

https://news.p2pb2b.io/liker-world-updated-name-project-ticker-and-smart-contract/

BACK FROM A LONG VACATION
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Ryushin
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May 10, 2020, 02:21:43 PM
 #2

Sorry to say but any project that changes their contract address without informing investors and swapping tokens to new one is no doubt a scam project, seeing p2pb2b even makes me more angrier with the project, so only the exchange knew about the updated smart contract?

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May 10, 2020, 02:22:55 PM
 #3

Only now have I heard of projects that do such things but do not notify. If indeed everyone is late for swap then later the token that has been renamed will only become trash because it has deceived many people
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May 10, 2020, 02:36:51 PM
 #4

OP are you sure you aren't the one that missed out the news about the contract address swap? It doesn't make any sense for the team to just exclude investors, I guess the fault is yours

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May 10, 2020, 02:44:02 PM
 #5

I'm surprised to find out they changed their smart contract without informing their holders and they do not have  contact us page and their telegram channel is already inaccessible, there's no announcement in their Medium or twitter account, now my Likerworld token that my friend gave to me is now useless, check the proejct you've invested if they have plan to change their contract address.

https://www.coingecko.com/en/coins/liker-world

https://news.p2pb2b.io/liker-world-updated-name-project-ticker-and-smart-contract/
Likerworld tokens are junk tokens or shitcoin, because they are listed in low exchange and P2PB2B exchanges also often have a bad reputation towards users, and I am not surprised that junk tokens change their smart contracts without informing the holders, because their aim is to cheat, not telling you everything.
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May 10, 2020, 03:27:28 PM
 #6

This means alot. It has been cooked underground without any notice and done without informing anyone. Maybe they want to restart the project or trying to transfer ownership.
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May 10, 2020, 03:37:51 PM
 #7

If a contract address is changed without any pre information or if automatic swapping is not done, Chances are that developers are about to scam the whole community and run away with fund by listing band dumping. FlashMoni till date is useless.
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May 10, 2020, 03:43:17 PM
 #8

If a project did that, it's enough to be suspicious with them. I don't know entirely what's happening with them but if they do something like that you should be thinking the right thing.
Make this as an example not just for the sake of the said token but also for other tokens that you guys are holding. It's wise to choose the best that you can and researching things about them before buying. Lucky the op is because it's just a given token to him but it's still sad because he said it became worthless.

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May 10, 2020, 03:46:57 PM
 #9

According to their telegram group, after the announcement news from the P2PB2B their team also responded to the change information of the token. He said sorry because a bit late informing all of their community regarding the swap plan.

You should try to join their telegram since there is no activity on their social media, ur token still can be swap just waiting for the news from them around 1 month since their posted on march should be the swap news coming out around April or May.

Do not too much hoping this token, cause there is no activity at all from the team.

Source :
https://t.me/likerworld/17603
https://t.me/likerworld/17601

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May 10, 2020, 03:50:06 PM
 #10

How did you know that the investors weren't given the chance to swap their tokens to the new contract?

Very sketchy team for doing such an act.  I don't know about the project nor the team but if this new contact can make the price rise up, it would make the investors more furious about how they miss the swap.

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May 10, 2020, 03:50:30 PM
 #11

Sorry to say but any project that changes their contract address without informing investors and swapping tokens to new one is no doubt a scam project, seeing p2pb2b even makes me more angrier with the project, so only the exchange knew about the updated smart contract?
That's right, p2pb2b tokens and exchanges are equally unclear in terms of reputation, so they always have bad intentions, so don't notify investors and token holders when there are new smart contract changes.
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May 10, 2020, 04:08:30 PM
 #12

a project that has already traded on the scam exchange site and i would not be surprised to see that consider it was trading on scam exchange site and liker already a scam project before it was traded on the exchange site.
Dude, move one and you must not waste your time for the scam project.


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May 10, 2020, 04:16:52 PM
 #13

Obviously a scam that purposedly made to deceive those who promote their project and prevent those participants to do anything with their rewards. this is a new kind of scam that should be talked about and let those who fell victim to this kind of fraud post their report on the scam and accusation board for further investigation by the other members.

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May 10, 2020, 04:42:12 PM
 #14

Most of the projects that change contract addresses or total supply are scams, I have never seen them succeed because they failed at the first stage which is to create the stability of their tokens. . I recently saw blockburn, they changed contracts and total supply. But in the end, this project quickly died and became a scam
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May 10, 2020, 08:09:26 PM
 #15

I have never heard of a project changing their smart contracts address and to make it worst the community isn't aware, that's a big red flag and shows something is wrong. Also a project with no active telegram group, no social media presence, no good exchange nor any way to contact them shows the team really planned everything from the start. From this act, it shows that, there is no length people won't go just to scam others hence the reason to be extremely careful of every project no matter how good it looks. Lastly from all indications, it shows the token won't be of any use than to be forgotten.

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May 10, 2020, 08:27:51 PM
 #16

Yeah, I also have bad experience with this type of behavior some of my hard earned bounty tokens become worthless because I didn´t follow news and didn´t participate in token switch program.  Cry

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May 10, 2020, 08:46:37 PM
 #17

One really needs to be careful,more reason I don't buy or hold so much tokens at the same time, I only make a good choice and make sure I am up to date with the project,follow their social media handles to know how the project is faring, else you might come back after months and hear the token have been swapped and yours becomes useless.

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May 10, 2020, 09:58:15 PM
 #18

There is actually nothing wrong when a project changes its smart contracts it means 2 things.

1. That the project is adjusting their supply
2. That the project is changing their blockchain or moving to their mainnet.

And most times there are two ways to change smart contract,

1. Automatic swaps for all hodlers.
2. Individual swapping.

If any projects swap not using the automatic method and refusing to inform hodlers, then they should be tag and reported as frauds.
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May 10, 2020, 11:24:38 PM
 #19

I'm surprised to find out they changed their smart contract without informing their holders and they do not have  contact us page and their telegram channel is already inaccessible, there's no announcement in their Medium or twitter account, now my Likerworld token that my friend gave to me is now useless, check the proejct you've invested if they have plan to change their contract address.

https://www.coingecko.com/en/coins/liker-world

https://news.p2pb2b.io/liker-world-updated-name-project-ticker-and-smart-contract/

For you to have come up with this new development fro the project, shows you have been following them up. This already looks like a scam, but we cannot draw a conclusion yet. Try to look for how you can contact and communicate with the. If they have truly scammed, they may not reply. However, if they reply and do not give any assurance of swapping for those who are holding the previous contract address token, it shows a total scam. That is one of the disadvantages of working with or for a team without reputation.
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May 10, 2020, 11:27:56 PM
 #20

Quote

1. Automatic swaps for all hodlers.
2. Individual swapping.


Some project do conduct swapping without telling investors my friend has lost some Ethereum because he didn't know when the token he bought swapped to EOS network there was no proper communication tidsy his legacy tokens are useless. After swapping there should be option to swap in the future left open for who may but be in their telegram group chat.
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May 11, 2020, 12:24:41 AM
 #21

Quote

1. Automatic swaps for all hodlers.
2. Individual swapping.


Some project do conduct swapping without telling investors my friend has lost some Ethereum because he didn't know when the token he bought swapped to EOS network there was no proper communication tidsy his legacy tokens are useless. After swapping there should be option to swap in the future left open for who may but be in their telegram group chat.
maybe your friend is left behind information to do swaps that often happens on several projects, but there are some projects that do a manual swap by contacting the team, if they are left behind, does your friend not try to contact the team?
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May 11, 2020, 01:30:24 AM
 #22

Have checked their telegram channel and they do have an announcement but unfortunately no details are given about the swap and it's been over a month, swapping should not take this long, investors are going to get angry and they are going to lose reputation delaying the swap, not good for an unknown project like Liker.

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May 11, 2020, 02:43:57 AM
 #23

Have checked their telegram channel and they do have an announcement but unfortunately no details are given about the swap and it's been over a month, swapping should not take this long, investors are going to get angry and they are going to lose reputation delaying the swap, not good for an unknown project like Liker.

The team should be responsible regarding those kind of changes on their project. They should give clear updates on their thread, social media channels or their blogs. Serious projects will give the details very clear to all its stakeholders. Otherwise, start thinking of discarding what you have.

And is this thread in the forum referring to this project? - https://bitcointalk.org/index.php?topic=5061763.0

The thread has been inactive for long time already. So I don't think they will ever give updates here. If you are a holder, you should follow closely their social media channels particularly telegram or twitter.
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May 11, 2020, 04:00:09 AM
 #24

If any project suddenly changed its contract address without informing their community/investors is most likely a scam project. It should be their first priority to update and said the date when they plan to execute the changes in their contract address. If they just change it without notice, it only means that they are not transparent and a scam.
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May 11, 2020, 04:23:21 AM
 #25

I have found several projects that change their contract addresses.
one of them Mindsync, Kick ico Nighlightoken and others.
there are some of them who don't give reasons for swaps to new tokens and that confuses the token holders

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May 11, 2020, 04:28:12 AM
 #26

According to their telegram group, after the announcement news from the P2PB2B their team also responded to the change information of the token. He said sorry because a bit late informing all of their community regarding the swap plan.

You should try to join their telegram since there is no activity on their social media, ur token still can be swap just waiting for the news from them around 1 month since their posted on march should be the swap news coming out around April or May.

Do not too much hoping this token, cause there is no activity at all from the team.

Source :
https://t.me/likerworld/17603
https://t.me/likerworld/17601

I cannot access their telegram channel because they ban  me for asking a legit question about the project, they always do that if you investigate this project, so many people are banned on their telegram, I'll just wait for the swap, not really good for a project to only announce it in their channel when they can do so on all their social handle and their announcement thread.

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May 11, 2020, 05:01:08 AM
 #27

Whatever their reason is, they should be transparent in what they have to do like changing their smart contracts, etc. It is the right of the participants or the holders to know what the team is planning about the projects. If it was intended for their selfish goal, then we can consider that project as suspicious one.
 
 You can contact the team and ask thie reason about that so you can spot whether the team has a valid reason or just mialeading the participants.
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May 11, 2020, 05:17:57 AM
 #28

Whatever their reason is, they should be transparent in what they have to do like changing their smart contracts, etc. It is the right of the participants or the holders to know what the team is planning about the projects. If it was intended for their selfish goal, then we can consider that project as suspicious one.
Yes, because it is their right to know everything about the project. Transparency is one of the ways to show that the project is open and not acting suspiciously at all.

You can contact the team and ask thie reason about that so you can spot whether the team has a valid reason or just mialeading the participants.
I think this is unnecessary because as OP stated, their telegram channel is already inaccessible and they can't contact the page, this only means that the project is already exited and doing another suspicious activity right now.

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May 11, 2020, 05:25:04 AM
 #29

There's no doubt this is a scam project, I myself still hold some LK tokens that I got from their Bounty signature Campaign, Seeing the Telegram channel they cannot access and there is no their latest update then that is enough as proof that this is a scam project. So you better just forget about this Likerworld project.

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May 11, 2020, 09:04:04 AM
 #30

There's no doubt this is a scam project, I myself still hold some LK tokens that I got from their Bounty signature Campaign, Seeing the Telegram channel they cannot access and there is no their latest update then that is enough as proof that this is a scam project. So you better just forget about this Likerworld project.
I have been holding small amount of LK token and it's worth nothing. We are getting scammed and all of the channels to contact the team already erased.

Okay, let's call this as a verified scam project. That sucks to see that but this was a garbage coin.

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May 11, 2020, 09:23:25 AM
 #31

There's no doubt this is a scam project, I myself still hold some LK tokens that I got from their Bounty signature Campaign, Seeing the Telegram channel they cannot access and there is no their latest update then that is enough as proof that this is a scam project. So you better just forget about this Likerworld project.
Well, if their telegram channel has been deleted. Then all hope is over, forget this project and invest in other projects much better. Luckily I never knew about this project because there were so many altcoins in the market and most of them were scams.

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May 11, 2020, 10:41:35 AM
 #32

Of course, it is very difficult to answer something in relation to a particular project, but I believe that it is impossible to negatively relate to all projects that change the address of the contract.  you can recall the history of the development of the Tron coin, which used the erc20 platform earlier, and today has its own personal blockchain.  In addition, swap conducted a lot of projects that have good prospects, such as Pundi X or HUBRIZONE.

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May 19, 2020, 05:56:52 PM
 #33

Checking their telegram channel there is no announcement of the token swap and it's going to be a very long wait for investors and bounty hunters, they are caught by surprise, there is no news of changing the smart contract and there was no news of a swap, this is definitely an exit scam a legit project will be transparent to all their stakes holders, but not Liker Cash.

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May 19, 2020, 06:05:04 PM
 #34

I'm surprised to find out they changed their smart contract without informing their holders and they do not have  contact us page and their telegram channel is already inaccessible, there's no announcement in their Medium or twitter account, now my Likerworld token that my friend gave to me is now useless, check the proejct you've invested if they have plan to change their contract address.

https://www.coingecko.com/en/coins/liker-world

https://news.p2pb2b.io/liker-world-updated-name-project-ticker-and-smart-contract/
A project that behaves in this way is a scam.  Faced with companies that changed the contract, but they sent participants tokens of another contract, in the same amount as it was.  But this is what self-respecting projects do, and in your case they are deceivers.

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May 19, 2020, 06:28:38 PM
 #35

It's likely to become scam because I've experienced a project like that before. They changed their contract address (ERC-20) and did the swap on exchange with a difficult procedure. Most investors didn't know.
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May 19, 2020, 11:30:37 PM
 #36

This is a bad sign. When all the communication connections to connect to the team start to be disrupted, then it is very likely that they will actually leave afterwards. I see that their Twitter account also doesn't update too much, reporting important official information regarding the change. Get ready, and don't get your expectations too high with this. Good luck with you.

It's likely to become scam because I've experienced a project like that before. They changed their contract address (ERC-20) and did the swap on exchange with a difficult procedure. Most investors didn't know.
Often, swaps that are made do not provide a satisfactory ratio, right? what a dirty scheme.

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May 19, 2020, 11:59:38 PM
 #37

With smart-contracts in ethereum, which is the most used to run ICO based new projects, the way to make great updates is to change terms in the contract which is not possible so there is no other way but to migrate to another contract with new conditions. Without announcing the address change to community, it becomes a confirmed scam or at least cases an unprofessional move which may infect the project reputation.
I posted in their ANN thread about the untold updates.
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May 20, 2020, 02:45:29 AM
 #38

I have a tag on this project because of the locked tokens, from the start they are doing a lot of bad things to bounty hunters and investors, I wonder how many investors they have, I have seen a lot of cooperation with other parties with this project, this is not the kind of project that you would partner with, their abusive behavior is showing it.


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May 20, 2020, 05:59:32 AM
 #39

There's no doubt this is a scam project, I myself still hold some LK tokens that I got from their Bounty signature Campaign, Seeing the Telegram channel they cannot access and there is no their latest update then that is enough as proof that this is a scam project. So you better just forget about this Likerworld project.
If they deliberately does not give any update on their change of contract then likely this is a scam project. Changing contract address is very rare unless they needed to do so to fixed or change up some plan on their supply, or about its token economics. Many have suffered on this kind of method like thorecoin that changes their blockchain and did not give chance to those who missed the swapping process. But thats their planned. So I can guess that liker world is no difference. They know this to avoid some buyers of the old contract to exchange their tokens but using same network of eth this should not be hard.
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May 20, 2020, 06:43:10 AM
 #40

I follow Telegram group of this project. It seems that they have sold their project. New team decided to swap token to new contract address without any announcement. Obviously scam project, your Likerworld token become useless just forget it.

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May 20, 2020, 07:25:00 AM
 #41

I follow Telegram group of this project. It seems that they have sold their project. New team decided to swap token to new contract address without any announcement. Obviously scam project, your Likerworld token become useless just forget it.

Worse kind of scammer. I would really be surprise if the exchange that listed them will still add the token after all the team did.

One project that seem to have changed their token contract but they were very much active and not scamming though.  Jarvis reward token did a bounty campaign here in the forum but eventually made it. There could be reason about the change of contract but they seem to have distributed the tokens still to the bounty hunters. Now they are already in the exchange.

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May 20, 2020, 07:27:54 AM
 #42

Every project update must be transparent unless they cover it or you don't know the detailed information on the telegram. But after I reviewed this project only has an exchange with p2pb2b, it seems very doubtful and the indications this project will end up scam.

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Kunnu
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May 20, 2020, 08:02:25 AM
 #43

After taking these kind of important decisions without any notice likerworld team has given so many reasons to not trust on their project If they have really done that. You must try to contact the team through their reasonable sources as much as possible maybe they could give you some concession regarding this if they're not scammers.
smyslov
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May 20, 2020, 10:13:45 AM
 #44

After taking these kind of important decisions without any notice likerworld team has given so many reasons to not trust on their project If they have really done that. You must try to contact the team through their reasonable sources as much as possible maybe they could give you some concession regarding this if they're not scammers.

They are scammers from the start, I have followed their campaign, they are not communicating with bounty hunters and investors, they have an independent manager to do that for them via an announcement, please don't have a second thought that they are not scammers try to visit their channel and you'll see two months and there is not one single update.
Anish02
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May 26, 2020, 08:09:33 AM
 #45

After taking these kind of important decisions without any notice likerworld team has given so many reasons to not trust on their project If they have really done that. You must try to contact the team through their reasonable sources as much as possible maybe they could give you some concession regarding this if they're not scammers.

They are scammers from the start, I have followed their campaign, they are not communicating with bounty hunters and investors, they have an independent manager to do that for them via an announcement, please don't have a second thought that they are not scammers try to visit their channel and you'll see two months and there is not one single update.
Yes, you're absolutely right they are scammers because anybody can see that clearly, they are directly changing contract addresses without knowing the hunter's, and that action clearly indicates that their intentions were not good. As you said they were not communicating with bounty hunters means they have done this intentionally. Always better to do research before getting involved in any bounty campaign.
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May 26, 2020, 08:55:25 AM
 #46

I believe OP is the one that missed out on the new smart contract info, this happens alot to people who don't follow social media channels or telegram group of the coins or tokens they keep in their wallets

Avirunes
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May 26, 2020, 09:00:28 AM
 #47

I follow Telegram group of this project. It seems that they have sold their project. New team decided to swap token to new contract address without any announcement. Obviously scam project, your Likerworld token become useless just forget it.

Worse kind of scammer. I would really be surprise if the exchange that listed them will still add the token after all the team did.

One project that seem to have changed their token contract but they were very much active and not scamming though.  Jarvis reward token did a bounty campaign here in the forum but eventually made it. There could be reason about the change of contract but they seem to have distributed the tokens still to the bounty hunters. Now they are already in the exchange.

Interesting. Old project members thought of selling the project and sold to someone new so IMO responsibility of handling investors should lie on the heads on new owners. Who knows? Maybe they changed it to the new ticker and contract address in order to ditch all the investors and scam all their money invested and come out clean with new project and posting as a new team behind it.

The current owners or members should handle it out with swapping. They are the ones responsible since they bought the project.
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May 26, 2020, 10:42:29 AM
 #48

After taking these kind of important decisions without any notice likerworld team has given so many reasons to not trust on their project If they have really done that. You must try to contact the team through their reasonable sources as much as possible maybe they could give you some concession regarding this if they're not scammers.

They are scammers from the start, I have followed their campaign, they are not communicating with bounty hunters and investors, they have an independent manager to do that for them via an announcement, please don't have a second thought that they are not scammers try to visit their channel and you'll see two months and there is not one single update.

so they are already transparent a long time ago that they are showing to be scammers on the loose. a sincere project will inform all their stakeholders for what's going to happen on their project. if they are not honest about it and you just found out they changed their contract address without informing their investors or holders, then that's really big red flag. if they did that, the old tokens will be useless and can't be traded in the exchanges. it would be hard for all those old token holders to chase these new owners. unless, they have good agreement with the previous owners to take care of those old contract address and just do the swap but seems in this case, is bit hopeless.
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May 26, 2020, 02:20:08 PM
 #49

I totally hate this! Team do this regularly that they are changing  the contract and swap is avaiable only for limited time, so many people miss it and your tokens become worthless!


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Avirunes
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May 26, 2020, 05:36:24 PM
 #50

I totally hate this! Team do this regularly that they are changing  the contract and swap is avaiable only for limited time, so many people miss it and your tokens become worthless!

We may think like it but its also up to us to stay updated with what's going on with the project. I think swapping thing should always be automatic and distribute according to the ratio since they have the list of tokenholders. Why just asking tokenholders to apply for the swapping when you can do it on your own.

It sometimes feel like projects want it get some tokenholders who aren't updated.
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May 26, 2020, 05:39:46 PM
 #51

I also do not like change their smart contract. It makes me feel confused and distrusting the project, in many cases the price will drop a lot when the project wants to change their contract. Like the Blockburn project I've seen
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