The ETC ICO Corion.io May Be a Scam, Picture Proof, Be Very Very Careful

Corion is more or less fixed to 1USD, so the limited fluctuation should not be surprising. Too many people shout scam nowadays , some by design some by ignorance.

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2 votes

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purpleprose (52) · 7 years ago

Thanks for pointing that out. Wow yet another one. At this rate it wont be governments that kill cryptos, it will be fraudsters.

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1 vote

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ugaard (38) · 7 years ago

Thank you for sharing this. You just might have stopped someone in loosing a lot of money! I give you my Upvote.

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1 vote

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cryptodan (52) · 7 years ago

All these ICO's got people in a frenzy FOMO, and it's my guess that many invest without doing the necessary research.
So thanks for bringing this out in the light.
Be careful with your money folks :)

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eeks (68) · 7 years ago

Very true and it will get worse before it gets better. How can people protect themselves? Do extensive research before investing.

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2 votes

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crypt0.critic (47) · 7 years ago (edited)

Thank you for posting this. With all the ICO madness out there people are just throwing money at anything that pops up. We all need to be more critical of the companies we invest in.

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1 vote

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floridanow (61) · 7 years ago

Great information.... many scams are in the works....people need to be careful

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gikitiki (60) · 7 years ago

From : "With great power comes great responsibility"

To : "With no regulations comes no protection." (but great possibilities!!)

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captainobviou3 (63) · 7 years ago

Good looking out @eeks! Thanks for the warning.

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junhokim (48) · 7 years ago

OMG....i already bought CORION........

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aerodart (39) · 7 years ago

So did I. Let's see how it pans out... :-/

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corionplatform (25) · 7 years ago

First, you should ask your concerns and not to write fud about other people's hard work! As Corion Platform is not on the blockchain yet, we can not give live data to the our site, so we update it a few times a day. Our referal link has a maximum of 4% Onecoin has 60% affiliate reward! Its not comparable! 2. If we behind the competition that is not a concern that maybe or maybe not a fact. How you can tell if we are behind or not? 3. Time told otherwise, ETH has a huge problem now, so scalability is in question here, as ETC has only a few tokens on it, so our project has a room to grow! 3. If there was scams on ETC that means all the future tokes are scams too? That doesnt make any sense at all! Please read our whitepaper carefully, join our lslack, do your in-depth research and then inform others about us!

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eeks (68) · 7 years ago

Not a great response. It might be worth just building your project and proving me wrong that way rather than trying to win an argument with me on points. You scored pretty badly here.

I hold smart contract projects that are asking for millions of dollars to high standards. If you can't do the basic things with smart contracts and coding that allow your ICO to be tracked in real-time and your wallets to be seen, those are serious red flags. And affiliate schemes are skeevy, point blank.

You are very likely behind the competition. If you have a critique on Maker and why you're better, I would love to see it.
I don't think you understand the scaling dynamics. If your project works at all, ETC will not be able to scale with it given their roadmap. Current TX costs matter very little and are not a bottleneck worth considering.
[sic] It makes it more likely and there are reasons that there have been more scams, %wise, on ETC than other platforms.

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zsombor (25) · 7 years ago

SCAM is a tough word and to declare something a scam implies enormous resposibility at the speaker’s end. You know why? Because if you are wrong and judge the people on the other end improperly, you can easily destroy these people who are working very hard even at this moment, and their thousands of hours hard work.

There is nothing wrong with being sceptical, it is part of our life especially nowadays in an ICO-abundant environment. I encourage you to be sceptical, because many are on alert to catch you when you are not wide awake.

CORION is not one of them.

To state something as SCAM even if you use this word very carefully just because the displayed amount is hardcoded is very inexpert, to say the least. Would you feel better if there was a database link coded? Based on your approach I suppose so. Who do you think the database where the values originate from is operated by?
I would refrain from asking the question: if we wanted to manipulate in any way, how come we still have not raised at least $20 million?

I repeat: be sceptic but give us the opportunity to prove we are benevolent, honest and our system is transparent, before you irresponsibly damage other people’s hard work, dreams and lives.

Find our source code here:
https://github.com/CORIONplatform
We are more than happy to answer your questions here:
https://join.slack.com/corionplatform/shared_invite/MTk5NTI5NDUzNzk0LTE0OTc4MDIxNDItNzk2OGMwOWM1Yw

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abdimuse (25) · 7 years ago

This needs to stop

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reonardun (32) · 7 years ago

I agree scam is a bit too harsh, but clearly there are red flags. The chief one is the extended ICO date, a VERY bad signal for the investors. This extension was never satisfactorily explained, despite many questions. This in the real world equals to a breach of contract, which is ironic as Corion is supposed to run on consensus.

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hebro (53) · 7 years ago

Another one? I'll be broke soon!

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