Post
Topic
Board Tokens (Altcoins)
Re: [ANN][OHNI] Cryptocurrency Lending and Banking-American Cryptocurrency
by
mithras
on 16/10/2017, 10:05:18 UTC
DO NOT BUY

This token has freezing and the one exchange that listed it previously had their wallet frozen because the_third_man fell out with some early users.

This is the V1 of the white paper, and really shows the kind of people behind this project. http://docdro.id/N9HVono

Some Quotes because its is long and rambling

Quote
Ch. ​ ​7 ​ ​- ​ ​Freezing
We ​ ​gave ​ ​1.3 ​ ​Billion ​ ​tokens ​ ​away ​ ​in ​ ​airdrops, ​ ​in ​ ​exchange people ​ ​​ ​promising ​ ​to ​ ​promote ​ ​us. ​ ​There ​ ​was ​ ​just ​ ​no ​ ​other
way ​ ​to ​ ​grow ​ ​at ​ ​the ​ ​time. ​ ​We ​ ​gave ​ ​Ohni ​ ​Tokens ​ ​to ​ ​less than ​ ​amicable ​ ​communities, ​ ​Reddit, ​ ​4chan, ​ ​8chan ​ ​and others. ​
We ​ ​did ​ ​not ​ ​discriminate, ​ ​whoever ​ ​would ​ ​take ​ ​our token, ​ ​we ​ ​gave ​ ​it ​ ​away.

There ​ ​was ​ ​a ​ ​mistake ​ ​however. ​ ​Some ​ ​of ​ ​these ​ ​users bandwagoned ​ ​onto ​ ​the ​ ​development ​ ​team ​ ​and ​ ​in exchange ​ ​they ​ ​
were ​ ​given ​ ​large ​ ​sums ​ ​of ​ ​tokens ​ ​for ​ ​their proposed ​ ​and ​ ​promised ​ ​work. ​ ​​They ​ ​fled ​. ​ ​Not ​ ​only ​ ​that ​ ​but they ​ ​tried ​ ​to ​ ​
sink ​ ​the ​ ​project ​ ​and ​ ​spread ​ ​lies ​ ​and disinformation. ​ ​There ​ ​is ​ ​no ​ ​particular ​ ​reason, ​ ​no ​ ​logic behind ​ ​it ​ ​either ​ ​for ​ ​us. ​ ​
We ​ ​assume ​ ​human ​ ​greed ​ ​has loomed ​ ​over ​ ​them.

Either ​ ​way, ​ ​a ​ ​large ​ ​mistake ​ ​was ​ ​made. ​ ​Large ​ ​sums ​ ​(in ​ ​the hundreds ​ ​of ​ ​millions) ​ ​of ​ ​tokens ​ ​were ​ ​given ​ ​away ​ ​to ​ ​thesepromised ​ ​developers. ​ ​
They ​ ​were ​ ​supposed ​ ​to ​ ​help ​ ​code the ​ ​website, ​ ​edit ​ ​the ​ ​whitepaper ​ ​and ​ ​promote ​ ​amongst other ​ ​things. ​ ​
They ​ ​did ​ ​none ​ ​of ​ ​this ​ ​and ​ ​squandered ​ ​both precious ​ ​time ​ ​and ​ ​resources. ​ ​However, ​ ​the ​ ​project ​ ​did manage ​ ​to ​ ​move ​
​ahead ​ ​through ​ ​incredibly ​ ​persistent efforts, ​ ​as ​ ​it ​ ​always ​ ​will ​ ​no ​ ​matter ​ ​what. ​ ​In ​ ​our ​ ​vision ​ ​of integrity ​ ​and ​ ​absolute ​
​honesty, ​ ​we ​ ​will ​ ​lay ​ ​out ​ ​the ​ ​problem. These ​ ​devs ​ ​were ​ ​asked ​ ​to ​ ​return ​ ​80% ​ ​of ​ ​their ​ ​tokens, ​ ​and could ​ ​keep ​ ​the ​
​rest ​ ​as ​ ​a ​ ​sign ​ ​of ​ ​goodwill ​ ​on ​ ​behalf ​ ​of ​ ​the company. ​ ​All ​ ​except ​ ​one ​ ​chose ​ ​to ​ ​keep ​ ​their ​ ​tokens. ​ ​So
the ​ ​accounts ​ ​were, ​ ​​frozen ​. ​ ​This ​ ​means ​ ​they ​ ​could ​ ​receive Ohni ​ ​but ​ ​not ​ ​send ​ ​it. ​ ​Which ​ ​in ​ ​turn ​ ​means ​ ​they ​ ​would
never ​ ​be ​ ​able ​ ​to ​ ​send ​ ​their ​ ​Ohni ​ ​from ​ ​their ​ ​wallets ​ ​to ​ ​an exchange. ​ ​In ​ ​time, ​ ​Ohni ​ ​will ​ ​hire ​ ​lawyers ​ ​and ​ ​sue ​ ​these
scammers ​ ​and ​ ​confiscate ​ ​the ​ ​tokens. ​ ​These ​ ​tokens ​ ​will ​ ​be used ​ ​for ​ ​the ​ ​purpose ​ ​of ​ ​non-profit ​ ​tokens ​ ​and ​ ​will ​ ​not
affect ​ ​the ​ ​Consumer ​ ​Token ​ ​price ​ ​at ​ ​all, ​ ​as ​ ​they ​ ​will ​ ​never be ​ ​used ​ ​for ​ ​profit ​ ​or ​ ​to ​ ​raise ​ ​funds ​ ​in ​ ​a ​ ​crowdsale.

7.1 ​ ​Earlier ​ ​Troubles

If ​ ​there’s ​ ​any ​ ​catch ​ ​in ​ ​this ​ ​project, ​ ​it’s ​ ​that ​ ​there ​ ​is ​ ​about 640 ​ ​million, ​ ​or ​ ​the ​ ​second ​ ​largest ​ ​token ​ ​holder, ​ ​sitting ​ ​on ​ ​a
frozen ​ ​account ​ ​in ​ ​some ​ ​backwater ​ ​exchange ​ ​in ​ ​Ukraine. Now, ​ ​allow ​ ​us ​ ​to ​ ​explain ​ ​the ​ ​matter. ​ ​The ​ ​developers,
rather ​ ​than ​ ​return ​ ​the ​ ​token ​ ​decided ​ ​to ​ ​sell ​ ​the ​ ​token. ​ ​This was ​ ​fine ​ ​as ​ ​this ​ ​was ​ ​proposed. ​ ​But ​ ​rather ​ ​​then ​ ​sell ​ ​all ​ ​of
their​ ​tokens ​, ​ ​which ​ ​they ​ ​were ​ ​asked ​ ​to ​ ​do, ​ ​they ​ ​have ​ ​put ​ ​a nominal ​ ​amount ​ ​up ​ ​and ​ ​kept ​ ​the ​ ​rest ​ ​in ​ ​different ​ ​accounts.
All ​ ​of ​ ​these ​ ​accounts ​ ​are ​ ​now ​ ​frozen ​ ​as ​ ​is ​ ​the ​ ​exchange account.
There ​ ​was ​ ​one ​ ​exchange ​ ​at ​ ​the ​ ​time ​ ​that ​ ​decided ​ ​to accept ​ ​us. ​ ​I, ​ ​as ​ ​the ​ ​CEO, ​ ​had ​ ​no ​ ​intention ​ ​of ​ ​wanting ​ ​our
tokens ​ ​on ​ ​any ​ ​exchange ​ ​but ​ ​was ​ ​pushed ​ ​by ​ ​these scammers ​ ​to ​ ​do ​ ​so. ​ ​So, ​ ​they ​ ​fled ​ ​to ​ ​that ​ ​exchange ​ ​and ​ ​I
froze ​ ​it ​ ​and ​ ​contacted ​ ​them ​ ​(the ​ ​exchange) ​ ​to ​ ​retrieve ​ ​the tokens. ​ ​I ​ ​said ​ ​that ​ ​since ​ ​Ohni ​ ​had ​ ​no ​ ​price ​ ​at ​ ​the ​ ​time, ​ ​that
they ​ ​could ​ ​confiscate ​ ​whatever ​ ​was ​ ​outside ​ ​the developers ​ ​promised ​ ​tokens ​ ​(42 ​ ​million) ​ ​and ​ ​return ​ ​the
600 ​ ​million, ​ ​belonging ​ ​to ​ ​the ​ ​scammers ​ ​to ​ ​me. ​ ​They refused ​ ​and ​ ​began ​ ​to ​ ​angrily ​ ​retort ​ ​that ​ ​we ​ ​were ​ ​a ​ ​scam.

7.2 ​ ​Consequences

It ​ ​is ​ ​precisely ​ ​for ​ ​these ​ ​reasons ​ ​that ​ ​Ohni ​ ​Corporation ​ ​will retain ​ ​the ​ ​right ​ ​to ​ ​freeze ​ ​tokens. ​ ​For ​ ​issues ​ ​such ​ ​as ​ ​this.
The ​ ​argument ​ ​started ​ ​over ​ ​whether ​ ​or ​ ​not, ​ ​TTM ​ ​the ​ ​CEO, Founder ​ ​and ​ ​creator ​ ​of ​ ​this ​ ​idea ​ ​would ​ ​retain ​ ​the ​ ​right ​ ​to
freeze ​ ​such ​ ​tokens. ​ ​They ​ ​of ​ ​course ​ ​wanted ​ ​me, ​ ​as ​ ​CEO, to ​ ​relinquish ​ ​the ​ ​right ​ ​of ​ ​the ​ ​tokens ​ ​so ​ ​they ​ ​could ​ ​take ​ ​over
the ​ ​project, ​ ​since ​ ​they ​ ​saw ​ ​the ​ ​potential ​ ​for ​ ​immense profitability. ​ ​They ​ ​were ​ ​soundly ​ ​retorted. ​ ​Rather ​ ​than
compromise ​ ​or ​ ​negotiate, ​ ​they ​ ​attempted ​ ​a ​ ​“coup” ​ ​or subtle ​ ​but ​ ​hostile ​ ​takeover. ​ ​They ​ ​were ​ ​spotted.

So ​ ​what ​ ​will ​ ​happen, ​ ​is ​ ​that ​ ​if ​ ​they ​ ​are ​ ​ever ​ ​discovered ​ ​or try ​ ​and ​ ​claim ​ ​their ​ ​tokens, ​ ​they ​ ​will ​ ​be ​ ​sued ​ ​and ​ ​criminal
charges ​ ​will ​ ​be ​ ​brought ​ ​up ​ ​for ​ ​fraud. ​ ​The ​ ​main ​ ​scammer, by ​ ​the ​ ​name ​ ​“John ​ ​Titor” ​ ​and ​ ​his ​ ​friend ​ ​“Adam ​ ​White” ​ ​are
both ​ ​Germans ​ ​residing ​ ​in ​ ​England. ​ ​We ​ ​will ​ ​use ​ ​our political ​ ​lobbying ​ ​force, ​ ​legal ​ ​team ​ ​and ​ ​other ​ ​means
available ​ ​to ​ ​use ​ ​to ​ ​ensure ​ ​that ​ ​these ​ ​two ​ ​face ​ ​serious ​ ​time in ​ ​a ​ ​cold ​ ​cell ​ ​for ​ ​their ​ ​crime ​ ​of ​ ​fraud, ​ ​libel ​ ​and ​ ​theft. ​ ​Every
token ​ ​has ​ ​something ​ ​bad ​ ​about ​ ​them ​ ​and ​ ​this ​ ​is ​ ​ours.


And from the current V2 white paper

Quote
4.2​ ​Skeleton​ ​Keys

A particular big issue with any project that involves identity, is the issue of privacy. One of the biggest
roadblocks to that is government interference. This comes at the expense of privacy in many areas, such as when
the FBI wanted access to an Iphone and Apple refused. Of course, Ohni cannot stand in the way of a legal warrant,
but Ohni can implement something as well. There will be skeleton keys given to Federal Agencies: NSA, FBI, etc
and keys given to some state agencies (nominally, Police).

It is with these tokens that messages, transfers of Ohni and other information can be decrypted. However, when
that token is used or that skeleton key is utilized, the user who has been searched is notified.
Second, the public will also be notified on a list of agencies and what wallets they peered into, but not token addresses.
This will give both the public and user to utilize as some sort of accountability against federal oversight,
but still comply and allow federal agencies the tools they need to fight crime.


"Ohni Corp" wants to know all your purchase history and personal information, and then they want to give skeleton keys to this data to the 3 letter agencies. If this isn't a scam, it is a massive threat to personal privacy and freedom. This whole coin is just a template ERC20 token set up by some kid with no formal education who scraped together a website and some nice graphics, it is badly thought out and purely driven by the personal greed of ttm and those early joiner who have hundreds of millions of tokens (ttm has BILLIONS).

Do not waste your money people.