Terrible Token Tuesdays – Upcoming ICOs to #SOMO
Welcome to Terrible Token Tuesdays! We hope that the #SOMO (Satisfaction Of Missing Out) on these terrible ICO pitches will be as therapeutic for you as it has been to us while working them out. Enjoy!
SyntheticsAI – https://concourseq.io/Q/SyntheticsAI Low key shilled by John McAfee in a new creative way (Check the Red flags section). Project has some weird and wild claims while having no verifiable AI tech talent on the team. Promises 6x increase on exchange listing to pre-sale participants.
Elementh – https://concourseq.io/Q/Elementh – Questionable use for the token since the platform will accept any cryptocurrency. The Same team seems to have conducted a failed ICO (Ahoole) for a somewhat similar idea “Search Engine for products” and their product was supposed to launch in Dec 2017.
World Wifi – https://concourseq.io/Q/WorldWifi – Paying for internet bandwidth with ads has not worked in the past, and no reason to expect it will work now. Team hasn't announced what blockchain they will be building on and 40% of tokens are reserved for non specific future projects.
HYCON – https://concourseq.io/Q/HYCON – DAG based Infrastructure project with no code on Github! The team does not seem to be very proficient with the project documentation, and no have verifiable Blockchain track record for a project of this magnitude.
Faima – https://concourseq.io/Q/Faima – Whitepaper is advertising 722% gains and full of grammatical errors, typos and informal slang. People that can’t proofread a whitepaper rarely produce mad gainz.
The Abyss – https://concourseq.io/Q/The_Abyss (KYC On-going) Project has a multi-level marketing system with 5 levels. Fiat can be used on the platform rendering the token practically useless. Thrive – https://concourseq.io/Q/Thrive (ICO On-going) Alleged Proof of concept is an unpublished chrome extension that counts clicks. Source code is not even on their public Github. With AI Buzzwords thrown around, while Version 11.0 of the Whitepaper still contains spelling mistakes.
Krops – (https://concourseq.io/Q/Krops Company was delisted on stock exchanges and is attempting to distribute tokens to shareholders while ICO is under investigations from the SEC. The Securities & Exchange commission of the Philippines has issued a Cease and desist order to Krops. There was also a documented attempt to get a positive ICO review by the project!
The ConcourseQ team would like to thank everybody that helped on these DDs and all the others! If you want to join our community, meet us on our Discord