Re: [BOUNTY][ICO][BBB] 🔮 LiveTree ADEPT [SED]: OWN THE FUTURE OF ENTERTAINMENT! 🔮
SCAM REPORT
What happened:
I was a participant of LiveTree - ADEPT bounty campaign. I sent about 700 post in 22 weeks according the rules. Weekly campaign rates are below:
Weekly Campaign Rates :
- Members : $5 per post (in SED tokens) / Members are not accepted anymore
- Full members : $25 per post (in SED tokens)
- Senior members : $35 per post (in SED tokens)
- Hero members : $40 per post (in SED tokens)
- Legendary members : $55 per post (in SED tokens)
Ive earned $22,050 at the end of campaign. They sent me 36425,4287 SED tokens that is equal
$4.200. (1 ETH = 6,071 SED, 1 ETH = $700)
Scammer Profile Link:
Campaign manager: Sylon, https://bitcointalk.org/index.php?action=profile;u=112240
CEO of Livetree: Ashley.Livetree, https://bitcointalk.org/index.php?action=profile;u=1203211
Reference Link: https://bitcointalk.org/index.php?topic=2322644.0
Amount Scammed: $22,050 (overall $1,085,840)
Payment Method: Personal effort
Proof of payment:
Line 57 on https://docs.google.com/spreadsheets/d/1aggPcVvuYU1jJ9P4BSFf7czri2RqWqc1Q7VegnnENHA/edit#gid=2080230004
Additional Notes:
Livetree is in the film industry. Their job is Right Management. I think, they can not manage any rights. There are 289 participants in the campaign. They have distributed $208,800 instead of $1,085,840. The campaign manager is ignore all participantss questions.
https://bitcointalk.org/index.php?topic=2322644.msg36329264#msg36329264
https://bitcointalk.org/index.php?topic=2322644.msg36395106#msg36395106
https://bitcointalk.org/index.php?topic=2322644.msg36703894#msg36703894
Ive talked Ash and Lennard from Livetree. They didnt offer any solution. And they have banned me from Telegram Channel.
And I just wonder, did Sylon get exact amount on the contract signed between Livertree and him. If he didnt get, I am going to remove red trust from his profile.
Buy-back guarantee violation:
The buy-back price guaranteed at 1000 SED = 1ETH from day 1.
Right now buy-back price is 6071 SED = 1ETH
This bounty campaign is based on a BBB (Bounties Buy Back) model: a portion of the bounties tokens that will be distributed through this campaign will be purchased back, at ICO price, after the token sale end.
50% of the SED tokens from the bounty campaign will be purchased back, in exchange of ETH.
Note: All dollar values are approximate and depend on ETH exchange rate.
Note': Bounty is only available after the min. raise has been met which is approx. $1.5m
There is a sliding scale so you will always get a guaranteed buy-back for every $100 backed $1 is available for bounty buy back.
The buy-back price is guaranteed at 1000 SED = 1ETH.
Thus, bounty campaign participants can be paid in SED or SED + ETH, the choice is up to you.
50% of the SED tokens from the bounty campaign will be purchased back, in exchange of ETH.
Note: All dollar values are approximate and depend on ETH exchange rate.
Note': Bounty is only available after the min. raise has been met which is approx. $1.5m
There is a sliding scale so you will always get a guaranteed buy-back for every $100 backed $1 is available for bounty buy back.
The buy-back price is guaranteed at 1000 SED = 1ETH.
Thus, bounty campaign participants can be paid in SED or SED + ETH, the choice is up to you.
