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Author Topic: After ICO, market has IEO. After DeFi, market has CyberFi. Be cautious!  (Read 216 times)
SquirrelJulietGarden (OP)
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November 17, 2020, 06:24:14 AM
 #1

After ICO scams, the market has IEO scams. After stake and masternode scams, the market has DeFi scams.

And CyberFi is here for you. Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.

CyberFi manifesto (on their site) is
Quote
A multi-product ecosystem of automation products enhancing the DeFi experience.
Projects always show you their potentiality but what they are in real life?

https://cyberfi.tech/
https://medium.com/cyberfi
https://twitter.com/cyberfi_tech
https://www.coingecko.com/en/coins/cyberfi
https://etherscan.io/token/tokenholderchart/0x63b4f3e3fa4e438698ce330e365e831f7ccd1ef4 (Keep your eyes on the CyberFi token holder chart and movements from big holders if such movements from big holders occur).

Define the (scam) DeFi

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November 17, 2020, 06:41:32 AM
 #2

Most of you mentioned are only the ways to invest, so even it is either of ICO, IEO, Master odes, stakes or DeFi it will still based on the project itself so it is really advisable that investors should learn first before putting their money on random projects.
This is my firstime to hear CyberFi, I can say it's still the same with some DeFi.

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November 17, 2020, 06:54:33 AM
 #3

What's there to be cautious about? Crypto space is opened for new ideas and they are welcome at any time, we only need to figure out which project team are serious about what they introduced, ICO, IEO, DEFI all have high quality projects backing them up so new ideas are highly welcome.
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November 17, 2020, 07:36:20 AM
 #4

What's there to be cautious about? Crypto space is opened for new ideas and they are welcome at any time, we only need to figure out which project team are serious about what they introduced, ICO, IEO, DEFI all have high quality projects backing them up so new ideas are highly welcome.

Don't be naive. This isn't like some place where you can get your money back when you fucked up, this is the internet. You need to be cautious of everything. The market is already saturated with scammers and some money grabbing projects. This is a decentralized and anonymous place, if you are not cautious, You'll lose your money in no time.

Yes new ideas are welcome but that doesn't mean the man behind this idea has good intention. You don't know who you are dealing with so you need to be always careful and mindful of what you are going to do.
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November 17, 2020, 07:47:13 AM
 #5

OP has a point, there are some successful DeFi projects but many of them are scam and pump and dump projects, very soon we can start seeing new ideas that are 100% scam in disguise, we have to be cautious, don't jump into projects because they are new ideas, use your time to do deep analysis first

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November 17, 2020, 08:15:01 AM
 #6

I agree on the cautious part, there will always be a scam on any types of crypto project, whether its ICO, IEO, DeFi or anything. I don't know anything about CyberFi, it doesn't seem like a big project that everyone is talking. But it does not mean that we shouldn't invest to something new. Even when the first time Bitcoin was invented it is something new.

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November 17, 2020, 08:24:53 AM
 #7

ICO scam? IEO scam ?, are you dreaming? honestly I am sad to hear that because you only explain part of the world of cryptocurrencies,
ICO is not a scam, and IEO is not a scam, of course Defi is not a scam, there is a scam there is hype from all of this,
do your research first and you will definitely understand it.

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November 17, 2020, 08:34:34 AM
 #8

We sure want new ideas in crypto space buy I'd take OP advice as a warning, in the process of expecting something fresh and new you can fall victim to scam, scammers always take advantage of anything new most especially new crowdfunding and some times scammers are even capable of bringing some thing new too just to scam investors

SquirrelJulietGarden (OP)
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November 17, 2020, 12:57:04 PM
 #9

ICO scam? IEO scam ?, are you dreaming? honestly I am sad to hear that because you only explain part of the world of cryptocurrencies,
ICO is not a scam, and IEO is not a scam, of course Defi is not a scam, there is a scam there is hype from all of this,
do your research first and you will definitely understand it.
Are you drugged? Are you mad with your post count, dude?

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November 17, 2020, 01:02:19 PM
 #10

What's there to be cautious about? Crypto space is opened for new ideas and they are welcome at any time, we only need to figure out which project team are serious about what they introduced, ICO, IEO, DEFI all have high quality projects backing them up so new ideas are highly welcome.

The projects itself is not what we need to worry about but the ones who are pretending to be projects but in the truth is just scams. That is what the OP is trying to explain here where new projects coming out left and right it will be harder for new investors to see what is real and what are the scams ones that is why we want them to be aware of what they are trying to do to lessen people getting victimized by it.
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November 17, 2020, 02:31:03 PM
 #11

After ICO scams, the market has IEO scams. After stake and masternode scams, the market has DeFi scams.

And CyberFi is here for you. Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.

CyberFi manifesto (on their site) is
Quote
A multi-product ecosystem of automation products enhancing the DeFi experience.
Projects always show you their potentiality but what they are in real life?

https://cyberfi.tech/
https://medium.com/cyberfi
https://twitter.com/cyberfi_tech
https://www.coingecko.com/en/coins/cyberfi
https://etherscan.io/token/tokenholderchart/0x63b4f3e3fa4e438698ce330e365e831f7ccd1ef4 (Keep your eyes on the CyberFi token holder chart and movements from big holders if such movements from big holders occur).

Define the (scam) DeFi
All new projects are risky my dear and as far as cyberfi is concerned yes they have high claims of multiple products in defi sector but before judging i think we should give them ample time to deliver on their promises and products.

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November 17, 2020, 02:42:36 PM
 #12

After ICO scams, the market has IEO scams. After stake and masternode scams, the market has DeFi scams.

And CyberFi is here for you. Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.

I am not against project promotion but please tell us what CyberFi is Smiley This is the first time I've heard of it and still can't understand what CyberFi focuses on and why do we have to invest in CyberFi while the Defi projects are making a big profit for me? If possible then recap the CyberFi goals, Tokenomic and their roadmap and post it on ANN, I would appreciate it. Wink


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November 17, 2020, 02:53:33 PM
 #13

After ICO scams, the market has IEO scams. After stake and masternode scams, the market has DeFi scams.

And CyberFi is here for you. Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.

I am not against project promotion but please tell us what CyberFi is Smiley This is the first time I've heard of it and still can't understand what CyberFi focuses on and why do we have to invest in CyberFi while the Defi projects are making a big profit for me? If possible then recap the CyberFi goals, Tokenomic and their roadmap and post it on ANN, I would appreciate it. Wink

I believe he is pertaining to this project https://cyberfi.tech/

In simple term, Cyberfi claims to be the better version of DeFi with great user experience for all DeFi user. They are just hyping market again by introducing a new type of DeFi. I agree to OP that this is a fraud and might result to a loss in case you invest badly on this project.

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November 17, 2020, 02:58:45 PM
 #14

not all on the ico, ieo, masternode and defi are scams maybe you just tell to them that be very cautious to every project they might encounter it doesn't matter whether they are ICO, IEO, DeFi, etc. you can manage to see the scammers all around.

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November 17, 2020, 03:06:36 PM
 #15

Never heard about cyberfi before but I'd definitely check it out before judging and again not all ICO and IEO are scam, even few DeFi projects are good that they made it to top 30 on coinmarketcap, that's a big achievement, if you do research before anything else you will escape any scam projects

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November 17, 2020, 03:17:35 PM
 #16

a new concept has resurfaced after the Defi hype and now comes Cyberfi. I think the defi fever is getting high and the scammers are planning a new program to trick their victims. It is highly recommended to be extra vigilant before investing in any project. especially with projects like Defi

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November 17, 2020, 03:25:02 PM
 #17

Cyberfi is something new I thought, very high risk...
I saw Cyberfi just in Coingecko and not yet on CoinMarketCap. Cyberfi is really very new and maybe many members here don't know about it. thank you @OP for the warning.



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Rainbot
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November 17, 2020, 03:57:31 PM
 #18

Cyberfi is something new I thought, very high risk...
I saw Cyberfi just in Coingecko and not yet on CoinMarketCap. Cyberfi is really very new and maybe many members here don't know about it. thank you @OP for the warning.
I won't invest in any new use case in crypto space and you said this CyberFi is a high risk project? It's better to wait for future performance before jumping into anything that's brand new in crypto space because not all new use cases can be trusted especially when they look like HYIP

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November 18, 2020, 04:38:40 AM
 #19

Scam means developers of projects run their adverstisements and seed their news, roadmaps, manifestos and claim they are good projects. They and their products will change the world, will make revolutions but at the ends there are only failures to meet their plans.

Their projects don't change the world, don't bring any revolution to the world. Their projects are scam.

Scam from the money flow they raised or stolen from the crowd. You can debate that if developers don't sell their premined coins or the tokens they minted from themselves, they are not scammers. I don't agree with that thoughts because developers can spend their very small fund to buy tokens or coins in crowdsales and sell all tokens when price rises some folds. You will never know what they do behind the scene.

Projects claim to be good.
Fails to bring good things to the world

Scam. Simply as that.

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November 18, 2020, 04:41:18 AM
Last edit: November 18, 2020, 05:07:53 AM by bittick
 #20

This is endless cycle some people gonna come up with new idea but the most important thing is whether that idea sell well or just there for decoration. IEO right now is not obsolete by anymeans even Defi is still selling like a hot cake I can't see the need of other thing like this called CyberFi. Heck even IEO is the most secured means of investment as of now atleast they got listed on exchange day 1 and most of the devs already went through or undergo an inspection by the responsible exchange..

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