Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TOKEN] XYO - Decentralized Crypto-Location Oracle Network. Sale 20.03
by
LordPower
on 27/11/2018, 19:52:06 UTC
I am beginning to wonder about this project and hope its not another Pump and dump scam, hopefully a dev can clear this up:

1. The summit was November 8th  (20) Days ago,  no XYO tokens have been sent to the E20 Address as promised within (2) Weeks
    Along with this the team promoted PORTIS, now abandoned this and went to a google chrome extension,  Why?

2. The coin that you get for investing in the project, its a Minted coin, decided after other discussions on  discord to have it appraised, $1.50 USD, this is why there were able to mass produce them, at the summit they were selling the coin for $75.00 a coin

3.  The technology is smart contract based with the sentinels and a main node, from a tech stand point this is nothing more then a raspberry PI and some tiles you find on amazon, you would think a 20million dollar company would 70 employee's would have a main hardware vendor they would partner with.  Oh forgot to mention they were selling this for $400.00 at the summit, price on newegg $50 with RPI and 3 tiles.

4.  There was a ton of cash spent on celeb's and the venue/party at PARQ night club, all a part of hype???  Aka Ed Helms, and Dennis Rodman.

Last and most important is most of the employee's are very young and have not worked at XYO for more then a year, most of them just a few months, I am not sure how this project is going to go to the moon when it relies on putting these tracking devices (sentinels) into the hands of everyone.  As an investor I am glad I only spent minimal amount, I hope that they come through with their token promise and actually send the coins to boost confidence and show us why XYO is the NEXT BEST THING.