Post
Topic
Board Announcements (Altcoins)
Re: 📌[ANN]Quantis- NoICO/No PreMine/Masternodes/50%Locked[PoW/PoS]🔥Scrypt✅Dapps
by
JChemist
on 19/12/2018, 07:30:48 UTC
Beware People.  This coin may have started out real but has taken on the smell of a SCAM.

Recent Observations:  

1.  The Quantis Team started a club (paid membership) to get first information about the coin actions such fork dates and priority for services.   Why paid?
2.  They apply pressure tactics to get you to do what they want.  Yesterday, on Telegram they stated you had 48 hours to get your coins swapped with their new coin because of a nebulous fork.
3.  Today they said you had until December 31 to swap your coins to a new coin because the exchange was taking their wallet off line on December 31 to sync with the new coin.  Turned out to be false.  No such thing is happening.
4.  They ran a fake vote for chain switch.   All votes done in non-transparent manner and matched what they had already been decided-- to fork new a new coin algo PIVX.  Slight problem, the voting asked should the coincap be 10 million or 15 million.  Today on youtube streaming they said the new coin would be unlimited cap with a heft allocation to the Team.   This was not voted on.
5.  They are rushing and sending message to push people to swap with no clear road map.
6.  In one video, Masternode777 pointed out the benefit of a quick coin swap because people not active (dead coins as he called them) would loose out.   The team has played games with process to ensure everybody can swap -- even those on vacation for a few weeks.   Very unfair and scammy.
7.  The team would not set up a burn address for the old coin and questioned why coin holders think they are trying to steal coins.   One team member later said they did not know what a burn address is.   
8.  In response to a question about where all the coins swapped (manually) go, the answer was to various address where the team has control of the wallet--presumably to resale.
9.  The team asked for $1500 USD lask week to do coin swap and new wallet.  Today they asked for 2 BTC.
10.  The team has no emotional intelligence.  Valid questions are responded to with sales tactic approaches to change the subject.
11.  The team promised originally that Trade Ogre would do the coin swap for the fork.   Confirmed that the Team never asked Trade Ogre to do this on the date team stated this.
12.  The reality is that many coin holders are not going to send their coins to the Quantis Team.  The Quantis Team does not own the coin system and have no right to demand this.  
13.  They claim every person who wishes to get a coin swap will need to provide their name and they have 2000 names already -- bullshit.   They got 52 people to vote using an ad hoc system instead of the wallet messaging system (very strange).  Further, this violates their entire privacy theme.   Why on earth would you need to give your name and contact info for someone to do a swap.  This looks like a scam.  Perhaps the new coin will be a success but somebody is going to get burned--probably traders.   

Bottom line, is that if enough people think this coin is being hijacked, you do not need to swap.   The miners will keep mining and exchange listing will keep going.

They coin team has lost sight of transparency, fairness, and community.   For all intents in purpose, the team believes they can do what they want and creating superficial pretenses of voting etc make it appear like a consensus effort.

There is a scam in the works but the details of the scam are nebulous.  

Good luck if you decide to proceed.