WARNING: Do NOT invest in the vDice.io ICO I have inside information that their ICO is a 100% complete exit scam. Do not invest in vDice.io

in ethereum •  8 years ago  (edited)

Do not invest in vDice.io ICO crowdsale it is a complete scam. You will lose 100% of your money. You have been warned.

vDice.io are a complete 100% scam and you will lose 100% of your Ether investing into their 'platform'. They are running an Ethereum ICO very soon and every investor will lose 100% of their money by investing in vDice.io. Every single bet they have claimed to have taken comes from their own addresses. Pumping up there product to make it look good. In fact, it is garbage.

Investors share 50% of profits the game makes. The house edge is 1.9%.

This means, even if the house has turnover of $1,000,000 (which it won't, because it is an exit scam from the beginning) an investor that purchased 100% of the 96 million tokens they are selling (at a total cost of ~$12m USD), would return a total of $9,500. And yes, you read that right. They are selling 96 million tokens, and they have the audacity to claim on their website that their tokens are strictly limited. This is a blatant attempt at trying to sucker people in for their hard earned Ether, after which they will perform an exit scam. Take a look at the whois information. Good luck tracing down your Ether once they are gone. Who is the team? No one knows. Google the names. They do not exist. Why? Because these are all fake people.

EXIT SCAM ICO vDice.io is an exit scam ICO warning do not invest.

Do not get stuck holding this bag of worthless tokens. Hold on to your Ether. You have been warned.
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WARNING: Do NOT invest in the vDice.io ICO I have inside information that their ICO is a 100% complete exit scam. Do not invest in vDice.io

vDice.io is a complete and utter scam ICO.

DO NOT INVEST in vDice.io ICO or crowdsale it is a complete scam. You will lose 100% of your money. You have been warned

They claim their founder is a founding member of Ethereum. In fact, the truth is, the founding member was simply involved in:
"Administration, accounting, project management, meetup planning and execution" at Ethereum. In other words, he served coffees to real devs. I am not making this stuff up. Take a look at his LinkedIn: http://www.linkedin.com/in/jasoncolbyethereum

I am warning you not to invest into vDice.io. How do I know this? I have studied the code, and have also determined that:

Investors accrue ALL losses and only earnings go to the house (not investors!!)? That’s how it’s currently written in their smart contract in the methods: isWinningBet/isLosingBet. But don't take my word for it. You should listen to Blockchain expert and Founder of the Bitcoin foundation Peter Vessenes, he spells it out in plain english:
https://blog.vdice.io/wp-content/uploads/2016/10/vdice_game_code_audit_october_2016.pdf

vDice.io ICO is a complete 100% scam. Do not invest. Their team is a fraud. Their team is not even real. I know all of this inside information on this and I am trying to warn the community before more people lose money on this exit scam by the vDice.io ICO crowdsale.

Take a look at their 'roadmap' - a complete and utter scam:

This image is full of nonsense. Absolute dribble. You have been warned!

e.g. - "Origin phase - Nested datasource & partially encrypted queries."

Means nothing!!

I am sick to death of all of these scams and ICOs suckering poor people in and I will not let it spoil Ethereum. Please spread the word as much as you can. People have no idea about the actual details of the code, or what they are investing in with this. If you can type Chinese, please translate this for them, as they have apparently been completely suckered into thinking this is a good investment. The whitepaper is a joke, the team is a joke, their website is a joke http://vdice.io - they completely stole the design of their website from SatoshiDice, and they are proud of that. They stole all of their content from the internet. All of their 'interviews' are written by themselves in the 3rd person. Nothing of theirs is original, genuine, or real, and what they are doing is highly illegal. I intend to see them hauled off to jail, as they are ruining the reputation of Ethereum!

It won't be long until the authorities are knocking on their door, and investors lose 100% of their money. I will make sure that this does not happen. You have been warned.

WARNING vDice.io ICO is an exit scam and investors will lose 100% of their money

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FUD. You have provided no clear evidence as to why this is an exit scam. In fact this whole post looks like it has been cut and paste from Reddit, without any of the replies from vdice included.. Stop spreading nonsense.

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