Post
Topic
Board Announcements (Altcoins)
Re: ICO scam
by
normana
on 04/01/2019, 19:44:03 UTC
Does IMPACT X FOUNDATION EXISTS Huh?
WHO OWNS THE MONEY? RICHY, ROBIN.... WHO OWNS THE MONEY THE IMPACTX Foundation?Huh 
why did they not give the money to charity as they promised in the ICO???

They said the funds are from the ImpactX Foundation charity, implying that a) ImpactX Foundation owns the funds, b) ImpactX Foundation exists and c) they gave the funds to a charity as promised. Just applying logic here...

They are paying people to shill the project to make other people to buy their worthless coins. The action they do was revealed to me. They want for time to passed in order to tell us: "Guys we spent 12 million dollar and we delivered a blockchain project. This is it. Unfortunately we no longer have ICO money to do anything else".  Probably richy will post a medium post in mid of this year telling us that they will no longer have funds for the project to continue and team developers in btaches will leave the project. Just like Robin the founder of the project who left the project 8 months ago.

Why would they be interested in people buying other peoples coin, why would they mind? As mentioned above, they don't have a lot of NIM funds that could be sold and those NIM funds that they can technically move at this point have not been moved yet, so every person buying now would not buy from them but from someone else, so they don't earn anything from that.

And again: The last official statement regarding Robin, which was a week ago, is that he is still doing research for Nimiq. My guess would be that the initial research he was looking into was loose end (which is something that can totally happen in research) and he isn't willing to publicly state that without also announcing positive results.

Of course I did read their transparency report with their financial statements. It states clearly that they invested 1.1 million USD into real estate. Namely they bought a VILLA in Costa Rica worth 1.1 million dollars. WHY DID THEY SPEND 1.1 MILLION DOLLAR FROM ICO MONEY TO BUY A FUCKING VILLA Huh WE NEED CLARIFICATIONS WHAT DOES 1.1 million dollar real state means and if they bought a villa worth 1.1 million dollar with the ICO money?

The transparency report says they diversified 1.1 Mio USD into real estate investment. To the best of my knowledge there was no official announcement claiming they bought a villa in costa rica, so everybody saying this is spreading FUD.
In general diversifying into more than just currencies is a wise idea, as a financial crisis could easily diminish the value of fiat holdings. If you want to know how exactly this real estate investment works, what are the expected yearly dividends or increase in value or similar details, ask them in a polite fashion here or on Discord or on Telegram. I can't tell you these details, but I also am not an expert in real estate investments, so I just trust them to do something that makes sense (and I guess they are probably getting third-party advice as well before doing a 1 Mio investment).

Best trick to get proper answers is to ask proper questions - don't shout/caps at anyone, don't spread FUD - and you will notice how people start being friendly as well and you don't need to fear being banned. Not everyone is as patient as I am.