After scamming you they sell their platform to use for scamming

[coin-investor]

I participated in a project similar to grass, the project is namso.network, where you will get rewarded for contributing your idle bandwidth and compute resources. You have the option to buy their treasure so you can fast-track your namso token earnings

They also launched their presale https://portal.namso.network.

Now, after scamming their members and their investors, they are selling their platform; they even have the nerve to use the word

Upon purchase, full ownership of the codebase is transferred to you. You are free to modify, rebrand, commercialize, launch your own real or scam project, or resell the codebase for profit.

Be aware of the interface and the features don't support projects coming from scammers, and to developers, don't use platforms coming from scammers

[Hatchy]

That's ridiculous, you can imagine they still coming out to say nonsense even after what they had done. My question is that aren't they scared they will get caught or something? It's obvious it wasn't their first time in the game. They literally must have had other similar sites with same ambition and after scamming people of their money, sell to new potential scammers to continue where they had stopped.

But then, if we are to avoid these scammers especially on projects like this which we can't even tell which will actually do well or not or even turn out to be scam, how do we know those that aren't from scammers? Its really one of the most difficult part in the space, identifying scam projects..

[Charles-Tim]

But then, if we are to avoid these scammers especially on projects like this which we can't even tell which will actually do well or not or even turn out to be scam, how do we know those that aren't from scammers? Its really one of the most difficult part in the space, identifying scam projects..

Check their white paper, it can be plagiarized from another project's white paper because scammers are lazy to have a genuine one for themselves. It may not all be plagiarized, but part of it will be plagiarized.

There was one that I fell for 2 or 3 years ago, I blamed myself for not checking for plagiarism on their white paper because it was actually plagiarized.

Some may have a genuine white paper, those are difficult to know to be scam.

[coin-investor]

But then, if we are to avoid these scammers especially on projects like this which we can't even tell which will actually do well or not or even turn out to be scam, how do we know those that aren't from scammers? Its really one of the most difficult part in the space, identifying scam projects..

There was an early red flag when they kept changing their rules, but they kept announcing the upcoming listing. I thought it was worth giving them another chance, but the long wait will make you think they are not really serious about their roadmap; they are just buying time to turn off the switch.

I only lost $30 from buying their so-called treasure chest, but it's not the amount; it's the time and trust you wasted. Sometimes you really have to take the early red flag seriously and question their seriousness.

[Frankolala]

Holy shit! They let you know that they are scammers. This is why any project that gives reward is a no go area for me since, I don't value shitcoins. I believe in using my hard earned money to invest in bitcoin. This is a bad experience because some persons must have invested much and put their hope of making profit from the project unknown to them that these guys are scammers.

[Marykeller]

Now, after scamming their members and their investors, they are selling their platform; they even have the nerve to use the word

Upon purchase, full ownership of the codebase is transferred to you. You are free to modify, rebrand, commercialize, launch your own real or scam project, or resell the codebase for profit.

What an impetus? What are they trying to encourage? For people to scam others if they can.

I don't know whether it's because of this free hand given to these scammers to do away with people's money without being traced and imprisoned; that's what gives scammers the morale to scam people and be proud of it. You can see that they have no remorse. They would like to do more by creating another scam project, as they have succeeded in selling this one(platform) out to another scammer to continue from where they stopped

[joniboini]

I think this is my first time seeing a scammer openly sells their codebase to others openly. Usually they do it on underground forum through darkweb, based on what I read on other articles. Another interaction I have with a scammer was years back, when they shamelessly lied through their teeth about their project and claims it attracts interest from various investors & media.

[Freeveto]

I think this is my first time seeing a scammer openly sells their codebase to others openly. Usually they do it on underground forum through darkweb, based on what I read on other articles. Another interaction I have with a scammer was years back, when they shamelessly lied through their teeth about their project and claims it attracts interest from various investors & media.

It’s surprising to see scammers come out publicly after scamming some investors to come and sell their website.
Is there any regulatory body to tackle such websites? At least to expose them and get the victims their money back? Or just to exposed them and stop any other scammers trying to come forward with such act again.

Let’s be careful with the type of projects we invest in; grass didn’t give good money to their airdrop participants that participated in their second round, because of that, investing in this project isn’t worth it since other projects are struggling in the bear market, which means it’s not the right time to invest in any airdrop token now.

[MAAManda]

I think this is my first time seeing a scammer openly sells their codebase to others openly. Usually they do it on underground forum through darkweb, based on what I read on other articles. Another interaction I have with a scammer was years back, when they shamelessly lied through their teeth about their project and claims it attracts interest from various investors & media.

Yes, it’s the first time I’ve seen something like this, too. It seems unreal, given that they're openly selling their codebase. BTW, the project is attracting quite a bit of attention with 12K followers on X & 7,2K subscribers on Telegram. The last update on Telegram was in late October of last year, that means it has been 9 months since the last update & they haven't released any updates since.

[robelneo]

This is one of the disadvantages of investing in or working with unknown developers: when they pull the plug, you don't know whom to blame or go after. I even remember investing in one project when I was exposed by an investor who was just a thug working underground to scam people.

The point here is that if we don't know the real people behind the projects, their likely motivation is to have their own cash cow.
This developer is an idiot; after scamming their users, they are now selling the code for other developers to turn to scam people.

[Dunamisx]

You will really see me invest on coins or tokens in this manner without taking a serious background check to know who the developers are, also research about their existing projects and behold tangible result today have obtained over the time, project like this we only try to deceive people to rush into investing with them and try to maneuver things out to look real when they are actually faking most of the things they are presenting for us to see.

[letteredhub]

Now, after scamming their members and their investors, they are selling their platform; they even have the nerve to use the word

Upon purchase, full ownership of the codebase is transferred to you. You are free to modify, rebrand, commercialize, launch your own real or scam project, or resell the codebase for profit.

Be aware of the interface and the features don't support projects coming from scammers, and to developers, don't use platforms coming from scammers

For any developer to agree to buy a project with such history then he was of no genuine intend and no difference either. Scams like this doesn't end because there are people that are ever ready to perpetrate it as long as it looks like a project that can attract victims if they could just get it refurbished and rebranded to the public.

[passwordnow]

They're sketchy, heartless and desperate af. Once a scammer, they'll always been and trying to teach the potential buyer of the project to do same. I hope that a potential buyer will land down to this thread before thinking of buying it at that price. Because this thread will serve as a warning to them. I think these developers are also moving to the next niches of the crypto market of whatever is trending. Like for grass, it's not profitable and so whatever will be the next one, they'll also move along there and will create the same project that will be used for scamming and will recycle it later to be sold.

[Odogwu-Blockchain]

What, they got the gut to mention scam project, imagine the nonsense nowadays in the crypto world, that's insane. So they spent $1200 to build a site that scams investors, meaning they might have gotten up to $10k upwards from their presale period., damn

These guys are actually making money from newbies who doesn't understand the ecosystem.

[asriloni]

The only dumb guy who will buye a red tagged domain from a well known scam project. The main problem they're not scamming people money, but they're also stealing so many face verification by their bounty hunters. There's also possibility if this is another scam deal initiated by them.

The scammer these days are blatantly scamming without even worrying to be catched. How crazy the crypto world right now.

[shinratensei_]

Scammers be doing these shit and get away scot-free. The law enforcement is too weak on these scammers but too harsh on genuine developers wanting to develop genuine product.
I have seen so many developers doing scams like these on the pretext of winding down operation or getting hacked while in reality it's all insider, 6 months later nothing happened, everybody have forgotten the scam even exist.

This is one thing that will make the crypto industry stuck with only retailer capital getting in while big funds becoming more wary.

[Maestro75]

They made it clear from the beginning when putting the site out for sale that people can launch their own real or scam projects, showing that they are a scam. It is clear. Yet you will still find those who will go ahead to invest there. Most times scammers leave behind their identities but those investing in their projects do not get smart in picking them up until after they have been scammed. This is why thorough reading of projects writeups or white papers is very important. We should not rush to invest when anyone advertises anything to us.

[rat03gopoh]

Considering the asking price is so low for such an ambitious startup project, it's simply a frustrated developer who ultimately resorted to fraud. I don't think even fellow scammers would take this, as it's clearly lacking in contributors with tens of thousands of dollars to steal.

Furthermore, I'm not sure the scammer has the integrity to hand over the project to the buyer after paying.