A cryptocurrency startup, which promised to revolutionize the fruit and vegetable industry, has apparently pulled an exit scam, shutting down its website and leaving only the word “penis” to greet duped investors.
Prodeum – an ICO (Initial Coin Offering) built on Ethereum – was exposed as a scam after all data was removed from its website, prodeum.io, except the word “penis.” The link to the website now redirects to a bitcoin related Twitter page
It’s not clear how many investors were duped by the short lived scam, but it appears to be minimal. Its entry on ICO Watchlist indicates Prodeum completed 18 percent of its funding goal. Meanwhile the address given for ICO fundraising shows there were fewer than 50 transactions made in total.
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ha ha, this is hilarious!
I feel those investors, who invested in this scam, and I sincerely say: Sorry.
To be honest.... this is another example, how risky is this all ICO business.... and how investment can go horribly wrong.... I have a feeling that quite a few "so called amazing projects", in top100 of CoinMarketCap coins might be just a bubbly crypto... and just a "mirage" in the desert, which one day will disappear. The whole danger comes from: when company makes ICO, releases those coins, and fund (or not fund) the actual project. Then no legal obligations are being made between the company and the investor. So this gives 100% right for the company, to behave with that investment, as they want.... When people say: blockchain, ICO, cryptos, smart contracts etc, are "trust-less" movement.... I am asking myself: really?!
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The usual bait & adios crypto scam!
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Jumping on bandwagons and researching. This is pure gold.
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As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
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