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Author Topic: Learn from my curiosity  (Read 381 times)
maartenhaha
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December 09, 2020, 06:07:00 AM
 #41

1. When I was signing up a telegram group link that belongs to emporium finance leads me to an airdrop channel  Huh

2. The admins don't reply to any tough questions, I mean I asked about whitepaper but the admin avoid the question and if you ask for other things you get a sharp reply, hmmmmm🤔🤔

3. The twitter account looks hijacked, it have many followers like a normal twitter account but it's an old account from 2012, are they trying to say that this project have been around since 2012 and they don't launch? Even in 2017 when they could have make lots of money through ICO success and bullrun?? Heheh
I believe in this campaign because it is managed by Hhampuz and I think he has a good relationship with the team. But from my own analysis found bad reviews about cefi projects like the 3 points you put in the post above, we have to learn from this campaign that the analysis itself is most important for everything.

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PerfectCircle
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December 09, 2020, 07:31:19 AM
 #42

The only reason why I take a look twice at emporium finance was because of Hhampuz, I was so curious why Hhampuz was managing the project in the first place but I couldn't gather enough reasons for me to promote the project, the team are neglecting my questions on the group and the token price is falling too much so I look else where, I knew something is wrong

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December 09, 2020, 07:35:29 AM
 #43

Well this will stand as a warning for all bounty hunters that just promote projects anyhow because they are introduced by reputable bounty managers, the truth is even reputable bounty managers can do big mistakes or miss vital informations when doing research on a project, scammers are capable of deceiving anybody so whenever you come across any project always do your own research first no matter who introduce them

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Ken_terrance
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December 09, 2020, 12:17:02 PM
 #44

The team updated their status of emporium twitter account, they seem to be having a problem, don't judge to quickly if we don't have any valid proof to, maybe some internal problems that might delay or even cancel the blockchain integration for good. Who know, Hampuz is a good bounty manager and would not put name in joepardy.
What type of internal problem can make a project team stop talking to promoter manager? Yet they have the time to update their twitter account ? Don't fool yourself, that huge dump isn't from anybody but the team themselves, they avoid every questions about whitepaper in their telegram group lol

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December 09, 2020, 04:57:14 PM
 #45

You had done effective research to find out the real truth about emporium finance project now that's brilliant I really appreciate the way of your awareness and I think you did the right thing by sharing your experience here somewhere It will be really helpful for mostly members especially for newbies, by doing these kind of responsible attempts they may definitely protect themselves to be a victim of scam in any way.
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December 10, 2020, 08:41:36 AM
 #46

Some people neglect some simple signs that are clearly there to expose these scammers, but because they neglect them they end up losing their hard earned money.

I am always curious about these things, whenever I see new projects I look at their social pages for anything that will reveal whether they are legit or not, and I also check for their team individually and I go through their social pages to learn about them and known whether they are the people they say they are. There are lots of scammers that are trying to impersonate other people these days.
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December 12, 2020, 10:07:48 PM
 #47

Most times before making promotions for any project, it's good to check and make research about them before committing to it. Emporium could be a good project but the team dosent seem to mean well for the idea.

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December 13, 2020, 05:19:01 AM
 #48

There were projects that has been said to be like that. Whenever somebody asks questions that are about observation and critically asking them for a specific matters related to the project, they will ignore.
It is a true sign that they are not transparent.

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aysha9853
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December 13, 2020, 05:51:52 AM
 #49

We know that currently Defi is instant money for investors, when a project enters Uniswap it can even multiply the price, especially for DeFi's project, and the finance emporium itself, I see the price from $5 to $20 more which makes investors glance for a moment for Buying tokens, the problem is the whitepaper and the project run independently because DeFi is crazy and I am confused, investors only see profit for a moment without thinking about the long term if unwanted things happen it could be rugpull and a scam like Emporium Finance
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December 13, 2020, 07:49:49 AM
 #50

Emporium finance is a near perfected scam project but I'm glad OP detected it, I've focused on the projects for days before I find clues that it can't be trusted, the scammers did the job so well, they gives investors the exact details they need to get confused and invest their money, I hope people will work on their researching skill
plvbob0070
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December 13, 2020, 11:43:05 AM
 #51

Everyone wants to make good money from crypto and DeFi is still the most trending this year, I'm not surprised that some bounty hunters are blinded by that fact but even if all this is true why can't bounty hunters choose projects carefully?
Even I wondered why, as it is unfortunate to see that they end up wasting their time promoting a project without getting decent pay. There could be different what if’s and it is difficult to answer. For now, it is better to give them some advice about it.

I don't really blame scammers taking advantage of bounty hunters, most times bounty hunters don't act like one,
You have got a point, as most of the time, bounty hunters are not paying any attention to the project.

if good observation is lost how can you know the difference between an unreliable project and a special project?
Unfortunately, you can’t. Thus, it requires the bounty hunters to at least make background research to identify if it is worth promoting. They play a major role for investors; they convince them to invest. The best they can do to help them is to identify if the project is reliable for their money.
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December 13, 2020, 12:10:35 PM
 #52

Most times before making promotions for any project, it's good to check and make research about them before committing to it. Emporium could be a good project but the team dosent seem to mean well for the idea.
Emporium is a very close case example, because they look very good in appearance and developmentally, but because the team did not respond to several communications from others including from the bounty manager, the project was considered a scam by some people who had participated in it, so the research was indeed needed in this regard, although it won't help much overall.

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December 13, 2020, 12:12:13 PM
 #53

In fact, DeFi is also like other project types and crowdfunding previously. There will be always scammers. Scammers can make everything that is now booming and the uptrend in the crypto. Like what happens in some scam projects of DeFi or scam swaps. We must be careful in whatever the participation, moreover for investment.

At least everyone must first read and examine the project too deeply so that we can ensure that the project is safe for investors, the existence of bounty hunters can actually be quite helpful to prevent the fraudulent fraud created by the fraudulent project, because their role can be seen first and analyze it into the project, but at this point bounty hunters make reviews sometimes they provide information that doesn't tend to be good even if the information is unclear, so many investors are stuck with fraudulent projects, so at least we can avoid fraudulent projects more carefully be first and check all the teams and their roadmaps ..
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December 13, 2020, 01:07:14 PM
 #54

Emporium finance is a near perfected scam project but I'm glad OP detected it, I've focused on the projects for days before I find clues that it can't be trusted, the scammers did the job so well, they gives investors the exact details they need to get confused and invest their money, I hope people will work on their researching skill
That is the power in researching I will always emphasizes the importance of researching before promoting any project by doing so there are always areas to flag and detect scam with that any bounty hunter can avoid joining them, unfortunately a lot of hunters don't research they join as many project as possible especially newbies, the OP had made a good research and came out with some valid reasons to prove that Emporium finance is a scam,  the rate at which Defis projects are flooding the cryptoworld calls for thoroughly scrutiny else an investor or bounty hunter might likely be scammed.

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December 13, 2020, 01:23:00 PM
 #55

We know that currently Defi is instant money for investors, when a project enters Uniswap it can even multiply the price, especially for DeFi's project, and the finance emporium itself, I see the price from $5 to $20 more which makes investors glance for a moment for Buying tokens, the problem is the whitepaper and the project run independently because DeFi is crazy and I am confused, investors only see profit for a moment without thinking about the long term if unwanted things happen it could be rugpull and a scam like Emporium Finance

Most are allured by profits and they doesn't care anymore with the future.

Investors are rushing to fill their bags in hope that it will be multiply as quick as the project reach exchange, without any additional
research things can turned out wrong and investors can be trapped out and lose a  lot of investment once things went wrong.
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December 13, 2020, 01:31:26 PM
 #56

Emporium finance is a near perfected scam project but I'm glad OP detected it, I've focused on the projects for days before I find clues that it can't be trusted, the scammers did the job so well, they gives investors the exact details they need to get confused and invest their money, I hope people will work on their researching skill
Yes, even everyone did not expect and was very surprised when they saw the emporium project experiencing a scam in the middle of the road, even though everything was very neatly arranged, this shows that the con artists are very smart in making a project and doing their job well.
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December 13, 2020, 01:33:51 PM
 #57

That is why BM acted quickly by suspending the bounty project so that participants would no longer waste their time with ambiguous projects, whatever type of bounty you are promoting, don't just rely on BM to and immediately follow it, but try to do your research first, before it all goes to waste.
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December 13, 2020, 02:14:36 PM
 #58

I also participated this emporium.finance bounty campaign and luckily for me I just wasted only one week due to the bounty manager is very transparent in telling all the true information that all the bounty participants must know. I just felt sad due to the reason that the BM is very popular and have a high reputation in this forum but because of this scam campaign it somehow make a bit of scratch with regards to the BM's reputation. Nevertheless, I commend him for making an action immediately and quickly so that the bounty hunters will not waste their efforts and precious time.

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December 13, 2020, 02:23:42 PM
 #59

It's no surprised that emporium.finance turned scam, I heard the DeFi token dumped from 200$ to 0.45$, well before I started promoting STOBOX I was planning to promote emporium finance but I just have a bad feeling about the project for these reasons

1. When I was signing up a telegram group link that belongs to emporium finance leads me to an airdrop channel  Huh

2. The admins don't reply to any tough questions, I mean I asked about whitepaper but the admin avoid the question and if you ask for other things you get a sharp reply, hmmmmm🤔🤔

3. The twitter account looks hijacked, it have many followers like a normal twitter account but it's an old account from 2012, are they trying to say that this project have been around since 2012 and they don't launch? Even in 2017 when they could have make lots of money through ICO success and bullrun?? Heheh

I knew something is wrong so I change my mind, today I'm glad I did because the team are scam and they've already packed the whole volumes and liquidity, I feel sorry for all those who invested in this project.. Sigh 😔
good thing that you follow your guts on not supporting this project, well it's good that before you support a project you managed to review it first if they're really serious about the project by not answering a tough question about their project it already shows that they don't really know what they are doing.

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December 13, 2020, 02:34:42 PM
 #60

Thanks to the bounty manager for his quick suspicious about the team, many promoted the project because Hhampuz is the bounty manager, I hope you must have learnt a lesson here by now? Even pro bounty managers can make mistakes when choosing new bounty projects, make sure you always do your own research

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