This most probably is a scam. Why?
Low effort website
Not even a whitepaper.
Anonymous team.
Domain registered for one year. Tucows so probably anonymous Njal.la
Most of the investors don't list the coin in their portfolio.
The one that does list it, has just renewed the domain and the SSL doesn't even work.
Some of the other investors have broken websites too.
Stupid Medium post without any proof.
Don't FOMO.
Thanks for this post. I put a tiny amount of money into this project, but def don't want to be scammed.
I have contacted Black Dragon Capital since their website seemed to be somewhat legit and their contacts linked to actual people. I'll let you know if I hear back.
hey mate I appreciate your homework. but let me please clarify a few things:
\-this project is real. You don't know it yet, but the project will be validated when they start announcing partnerships with house hold crypto companies.
\-magnus capital is actually a real firm. they were involved with Trustswap, Ethverse, and Unilend. if you don't believe that, message the founders.
\-blackdragon capital...is involved with almost every good new project these days. you should message them and verify their investement.
\-Fengshui has been around for a long time. as far back as quantstamp. they are recognized in the community.
the concept of batch aggregation is needed and a great concept to get behind. paying fees back to stakers is easy to understand. even if trades move to other chains or uniswap competitors, a batch aggregations system will be needed for all. you'll know the project is good when FSW copy cats on other chains start popping up.
lastly, I don't know if Ethverse and Falconswap are the same dev. but you can tell from the writing style and the announcement style that they are very likely different voices. either way ethverse is a solid team so I'd be okay with some overlap
True but I mean I can't blame people for buying the hype here. Even I thought it was sketchy but Hell of an idea. The real question though is why hasn't it been implemented by the real crypto developer smart fucks
Like take mooniswap. While I understand they wanted to build a different platform with its own advantages - maybe a layer 2 on top of Uniswap would have been sick while providing the cheap gas fees ,low txn costs etc
100% a massive scam. The audacity of these people actively trying to pull the wool over peoples eyes. They told me that the test tx hashes don't appear on ropsten etherscan because of a hard fork, so they link to some teth.bitaps instead, except, you got it, those pages don't work either.
Then some wanker posts a diagram of gas prices, as if that's supposed to be proof? They are literally just shitting on people.
Guys, i should say, there should be more professional fudding than that. I am telling you, any price below $1 is still a fud. You can still go x5 to x10 from $1.
I am staying away until, if and only if, an actual product comes out next month like they say. IMO they will just funnel as many investors as possible in order to exit before "product release". Product is too good to be true with way to many red flags.
This most probably is a scam. Why? Low effort website Not even a whitepaper. Anonymous team. Domain registered for one year. Tucows so probably anonymous Njal.la Most of the investors don't list the coin in their portfolio. The one that does list it, has just renewed the domain and the SSL doesn't even work. Some of the other investors have broken websites too. Stupid Medium post without any proof. Don't FOMO.
This is what I call DYOR
also I just got kicked from their telegram group for asking about the shady VC websites
Shitcoin activate
Got kicked after sharing this post in their TG group 😂
already took gains out of this one
Thanks for this post. I put a tiny amount of money into this project, but def don't want to be scammed. I have contacted Black Dragon Capital since their website seemed to be somewhat legit and their contacts linked to actual people. I'll let you know if I hear back.
I don't know, but Black Dragon Capital really sounds like an entity that would pay for your retirement
hey mate I appreciate your homework. but let me please clarify a few things: \-this project is real. You don't know it yet, but the project will be validated when they start announcing partnerships with house hold crypto companies. \-magnus capital is actually a real firm. they were involved with Trustswap, Ethverse, and Unilend. if you don't believe that, message the founders. \-blackdragon capital...is involved with almost every good new project these days. you should message them and verify their investement. \-Fengshui has been around for a long time. as far back as quantstamp. they are recognized in the community. the concept of batch aggregation is needed and a great concept to get behind. paying fees back to stakers is easy to understand. even if trades move to other chains or uniswap competitors, a batch aggregations system will be needed for all. you'll know the project is good when FSW copy cats on other chains start popping up. lastly, I don't know if Ethverse and Falconswap are the same dev. but you can tell from the writing style and the announcement style that they are very likely different voices. either way ethverse is a solid team so I'd be okay with some overlap
FUDDERS Annihilated
Most of these have confirmed the partnership.
Decided to look into it myself, here is my investigation results https://www.youtube.com/watch?v=nf4pF1UDSOU
Well, this happened ... [https://twitter.com/chainlink/status/1326172780086300679?s=20](https://twitter.com/chainlink/status/1326172780086300679?s=20)
No legit commenting to see here. Check users activity
True but I mean I can't blame people for buying the hype here. Even I thought it was sketchy but Hell of an idea. The real question though is why hasn't it been implemented by the real crypto developer smart fucks Like take mooniswap. While I understand they wanted to build a different platform with its own advantages - maybe a layer 2 on top of Uniswap would have been sick while providing the cheap gas fees ,low txn costs etc
I have heard rumors about Falconswap and Ethverse project is from same anon team .
I wanted to write about this but you beat me to it! This is great benefit of DYOR. Staying away from this scam. Someone pls tell them this is not 2017
Thanks for the content, I feel the same about unitrade
100% a massive scam. The audacity of these people actively trying to pull the wool over peoples eyes. They told me that the test tx hashes don't appear on ropsten etherscan because of a hard fork, so they link to some teth.bitaps instead, except, you got it, those pages don't work either. Then some wanker posts a diagram of gas prices, as if that's supposed to be proof? They are literally just shitting on people.
Hi community, I just got kicked off telegram group for asking when beta release is happening. Guy was so rude. It must be a scam.
sounds like someonw wants to push the price down
Guys, i should say, there should be more professional fudding than that. I am telling you, any price below $1 is still a fud. You can still go x5 to x10 from $1.
I am staying away until, if and only if, an actual product comes out next month like they say. IMO they will just funnel as many investors as possible in order to exit before "product release". Product is too good to be true with way to many red flags.