What happened: Uswap is a stablecoin backed by nothing, by air it seems. They are running an airdrop claiming that they are giving 1000% of worth in the their USP token to people, yet token is backed by absolutely nothing. In addition they are having a sale, selling air to people and yet they decided to give out 60% of token supply to community? 5 years vesting on tokens? Almost guaranteeing the listing on top 20 major exchanges, yet they created both token and all their social media with the last few days, no Github, no Whitepaper, no team and roadmap looks like a kid made it up.
So many flags in one project.Website: https://uswapexchange.com/Archive: https://web.archive.org/web/20200928231252/https://uswapexchange.com/Domain name: uswapexchange.com
Registry Domain ID: 2562186804_DOMAIN_COM-VRSN
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Domain Status: addPeriod https://icann.org/epp#addPeriod
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Name Server: dns1.namecheaphosting.com
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DNSSEC: unsigned
Link to their token on Etherscan with date of creation:
https://etherscan.io/token/0x2a2a52d83a5ec8ccea30f67bf5dd669a2d986f46?a=0xf26c5f062f3638ab7e880f6e9efc49c2157a1a13#tokenAnalyticsScreenshots of their social media and web:
Their FAQ looks exactly as their project , really shitty, as there is no inofo they can provide, since it is all made up.
All in a all a pretty textbook flags and easy to spot scam, but since they have a fancy TG airdrop bot, a lot of people will go for it and then because they participate in an airdrop some will go and even buy some tokens in the sale since it looks like an awesome deal.
1 ETH = 1000 USP which would be 1000$ worth, which does not make any sense, but people usually don't think and fall for this kind of shit.
