Great work here. Thank you for posting.
I think most people could see it was fairly obvious that it was basically scam/medium to long term con-job from the start. But there are a lot of people in this scene who often get taken advantage of and having a specific post like this where you point everything out is very useful and will hopefully save people some money.
Was really surprised that Bitshares was willing to associate with them. Shocked actually. It's one thing to have an open platform where anyone can use it, but it's another to publicly associate with something like this. Bitshares marketing constantly leaves me scratching my head wondering what they are thinking.
As a relatively long time BitShares community member, I do not remotely trust BanxShares. If it is a scam, I don't know why they'd move it onto an open platform they do not control, but I guess we can wait and see what they do with it. Anything they do to manipulate their token supply will be more transparent than it is now. It's not like we can stop them from using our chain since it is an open platform.
As for public association between BitShares and BanxShares, BitShares has historically had great technology/developers and horrible marketing. More people and businesses are just now beginning to seriously notice BitShares, and I think BitShares marketers are thrilled to announce any business endorsing the BitShares chain as a superior platform and moving onto it. I agree they should be more careful not to let that come across as endorsement of anything they have no reason to believe is legitimate.