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Author Topic: Be careful on project that changes contract address like liker.world  (Read 519 times)
daniahya
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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?
fortunecrypto
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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

pilosopotasyo (OP)
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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.

BACK FROM A LONG VACATION
maxreish
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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.
Zeke_23
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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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riso2015
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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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CuriousGeorge
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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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Divinespark
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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.

BACK FROM A LONG VACATION
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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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