Post
Topic
Board Tokens (Altcoins)
Merits 2 from 1 user
Re: WINGS ★ Where DAO Unicorns Are Born! ★ Token launched!
by
PublicP2poolNode
on 30/04/2018, 18:30:35 UTC
⭐ Merited by Ivo2012 (2)
so, only yesterday OS.University was about 2k FR flagged, today is 11391 FR Flagged! 22% FR FLAGGED NOW! all info below:
The Academic & Career Development Ledger. Empowering 7 billion learners to connect to top education and professional opportunities.
Project: OS.University
Symbol: EDU
ETH Rewards: 0
Token Rewards: 30000
HardCap: 0
Median Forecast: 3984.9999999999995
Total Forecasters: 195
Total participating WINGS: 26873430
Link: https://www.wings.ai/project/0x5a7a85a0ad6da40a7dc81873474b1aca86540d26
FR Flagged: 11391
FR Forecasts: 51774
Time Left: 10 days, 0:30

I want to notice that decline the project, important only to the FR at the moment
I also flagged this project myself, and it is sad to me, that only 11% of the community has flagged this project.

Here are some reasons to flag this project if you have not done so already.

1) This contract used the wings constructor, rather than a custom contract integration, meaning, kyc is not implementd, and since os university has stated kyc will be done, this contract cannot be used, thus, the crowdsale contract they use in the token sale, will not be this one, meaning, there is no guarantee of being awarded no matter how close your forecast is.

2) There pre-sale ends today, and this is the address used for the crowdsale.
https://etherscan.io/address/0x849c2EA2A8f0ED0fe6D28B17Fa0f779d6a45dFf1

All funds sent to the presale address are then sent to this address.
https://etherscan.io/address/0x269d55ef8acfdf0b83ccd08278ab440f87f9e9d8
as you can see, there is only 16.88 ETH (11,485.00 worth of eth) in the presale wallet, and like i said, the presale ends in 5 hours, and has been running for a few months.

Now, i want to point out, that i dug a little deeper, and in fact, they have received more than 16.88 eth to this address. A little more than 50 ETH to be exact. How the hell do people think this project will raise millions in the main token sale, when they only raised 25,000 in over two months!!!
With 58K telegram followers? Give me a break...

Now, you ask, if they collected over 50 ETH in the presale, how come there is only 16.88 eth left in the presale wallet?

These are the addresses where some of the presale eth were sent too.

https://etherscan.io/address/0x3385b9f0eb8c32bbd51b41a3e6d523ebd6f69455
Here you can see, this address has interacted with kraken, poloniex, and bittrex... doesnt that seem odd to you?

https://etherscan.io/address/0xeb15467282497b59013b49d6c0e2df586959d47b
This address has been interacting with binance and poloniex

https://etherscan.io/address/0x1de794e7998607aad3e1958d4a6b09c3037db98a
This address has interacted with binance

https://etherscan.io/address/0x24820b6cf0ef6c4c5a61e90970eddbf050ef7c3e
This address is using presale funds to invest in tokens like RxReal

https://etherscan.io/address/0x991d142e036d49175af64e042a373fdedebdc4b0
This address also has been sending funds to multiple exchanges.

There are a few more addresses, where funds from the pre-sale have been sent.

Is this a scam?

I cannot say for sure, but it is very odd to me how little they have collected during the presale, and what they have been doing with their funds.

Also, how can they be trusted to build a product on blockchain technology, when they do not even know how to build a custom contract to implement with wings in order to have KYC which they stated they will have.

Also, there is no softcap. Why is this bad?
Softcaps, are a way for a project to say, this is the minimum amount of money we need to follow our roadmap, and if we cannot reach this minimum amount, we will return your money to you, as we will not be able to build this product.

Guys, if you have not flagged this project, in my opinion, you are doing a disservice to the blockchain community and the people investing their money into projects of low quality and or that will not be able to have the funds needed to follow thru with their roadmap.

I urge the WINGS community to flag this project, lets help protect investors from low quality ico's

Scam or not, this project is going to be a major flop, IMHO