Post
Topic
Board Announcements (Altcoins)
Re: [ANN] WaltonChain WTC
by
Keihatsu
on 02/10/2017, 05:34:11 UTC
I've gone into more detail in another post.

In summary: poorly designed website, copy and paste mistakes in the white paper, unable verify the team, cannot verify their claims about contracts and Chinese government support, no evidence of work/productivity (github), controlling too many coins, fake news stories, unconvincing "team" photos and videos (the CEO comes across as a budget actor struggling to read a cue card - you can see the shadow of the cue card), hired a privacy service (associated with numerous scams) to hide the domain registration details, aggressive shills that boot people from Slack & Reddit for asking reasonable questions, pressure tactics (buy more for a master node before it's too late [or we do a runner]), obviously paid shills on twitter and Reddit (hype comments with little substance) etc.

Nothing about it feels right.

I've probably spent far too much time talking about these things.

I strongly suspect that Walton Chain is a scam.

At best, as you say, a very amateurish team and, in my opinion, recklessly hyping and overpromising.

Would a team of experienced individuals, including a form VP of Samsung, be this amatuer?

Either way, I'd be very surprised if a product materialises.

$180,000,000 market cap with no product, no tangible evidence of work and many unsubstantiated claims.

The shills are hyping and talking about a market cap of $1billion this year.

I feel I have a duty to express my concern.

Can you please tell the name of privacy service they hired for hide domain info? Thank you.

Nexperian Holdings

It's worth googling "Nexperian Holdings" AND "WIPO"

Also "bitcoin seoul" AND "scam" < the man has a history.