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RE: Breaking: Authorship ICO 'Bounty Program' was another fraud… forget that platform.

in #cryptocurrency7 years ago (edited)

Update 2:

after some more knee-jerk arbitrary zig-zagging they announced today the end of the token distribution.

While most of the investors have received their tokens, the whole 'bounty campaign' seems to have been an intentional scam and the majority of users who took part did NOT receive their compensation.

So Authorship.com can be safely categorized as a fraudulent, not trustworthy platform.

Stay away, don't invest, don't promote, don't use is as an author or reader (in case they actually build their publishing platform).

Scammers gotta scam, it is simply not safe there.

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Did you get the "final update" email? I haven't received my payout.

Yes, I received and read that abomination of an email. It only showed that they are not just scammy, but incompetent as well (e.g. demanding same IP for sign-up and withdrawal, so clueless).

And no, of course I did not receive my bounty tokens.

BTW - did a quick estimate on the numbers, and they SO don't add up. Approx. 90% of bounty participants have not been paid:

Number of Ether accounts that hold ATS tokens right now: 8113

Number of referrals alone from the top 10 referrers that were listed on the Authorship bounty leaderboard: > 4000 (number of accumulated points / 75)

Number of investors according to their own site: 1927

So they just paid a couple folks and joint venture partners and screwed the rest.

probably just paid out their family and friends