Renovato - Suspicious project with a possible Fake Team member
What happened: Suspicious project with a possible Fake Team member
Profile Link: ANN - https://bitcointalk.org/index.php?topic=5111555.0
http://web.archive.org/web/20190303194313/https://bitcointalk.org/index.php?topic=5111555.0
Website: https://renovato.io/
https://web.archive.org/web/20190301213143/https://renovato.io/ (web archive from 01/03/19)
https://web.archive.org/web/20190303000507/https://renovato.io/ (web archive for 02/03/19)
We have contacted this project by posting on their ANN some questions about their team and the legality of their business.
Also recently we found a possible FAKE TEAM MEMBER on their website, but the CEO didn't address the issue properly.
It appears that the CEO / Founder doesn't want transparency for this project, as he has refused to answer many important questions in regards to himself, the team and the project.
A couple of days ago we contacted some team members listed on their website, next day a team member was replaced and someone had a name changed.
What happened to Oleksandr Nimets? and why was Andrey Stehno renamed to web3.space?
(edited/added)
https://web.archive.org/web/20190301213143/https://renovato.io/ with the first team
https://web.archive.org/web/20190303000507/https://renovato.io/ with the new team
POSSIBLE REAL NAME: Shengji Chen
https://www.hodlalert.com/2018/08/28/qtum-community-and-development-updates-august-27/
https://blog.qtum.org/qtum-community-and-development-updates-august-27-5c486e43925c
The CEO/Founder's image appears to be photoshopped on their website - which the CEO never answered if was or wasn't. He uploaded a photo to their ANN, but refuses to answer many important questions.
With minimal photoshop skills, anyone can get the same results using this stock image photo:
He didn't pass KYC, but mysteriously passed KYC a few hours later after we posted on their ANN thread - NO surprise, we are used to this agency doing this often (maybe getting paid to pass a KYC?)
archived
The CEO appears to be inexperienced, his profile on Linkedin only lists 1 job experience, which is his job as the CEO/Founder of Renovato.
He didn't provide a full bio when asked= CEO for this Project - Also the founder lacks professionalism.
And this is his answer about a member with a possible fake name:
Very unprofessional, it appears that he doesn't care if the team member is fake or not.
ABOUT THE COMPANY
There are two companies - 1 in Estonia and 1 in the US:
The one operated out of Los Angeles, is registered in Delaware with an office in San Francisco.
I would like to see proof of such an office in San Francisco and also the one in Estonia.
Delaware registration December 2018
(search: https://icis.corp.delaware.gov/eCorp/EntitySearch/NameSearch.aspx )
The one in Estonia was just registered in February 2019
They want to raise 17 million and appears they don't even have a prototype yet. (The CEO didnt answer if they have one)
*** This project need more investigation ***
Profile Link: ANN - https://bitcointalk.org/index.php?topic=5111555.0
http://web.archive.org/web/20190303194313/https://bitcointalk.org/index.php?topic=5111555.0
Website: https://renovato.io/
https://web.archive.org/web/20190301213143/https://renovato.io/ (web archive from 01/03/19)
https://web.archive.org/web/20190303000507/https://renovato.io/ (web archive for 02/03/19)
We have contacted this project by posting on their ANN some questions about their team and the legality of their business.
Also recently we found a possible FAKE TEAM MEMBER on their website, but the CEO didn't address the issue properly.
It appears that the CEO / Founder doesn't want transparency for this project, as he has refused to answer many important questions in regards to himself, the team and the project.
A couple of days ago we contacted some team members listed on their website, next day a team member was replaced and someone had a name changed.
What happened to Oleksandr Nimets? and why was Andrey Stehno renamed to web3.space?
(edited/added)https://web.archive.org/web/20190301213143/https://renovato.io/ with the first team
https://web.archive.org/web/20190303000507/https://renovato.io/ with the new team
POSSIBLE REAL NAME: Shengji Chen
https://www.hodlalert.com/2018/08/28/qtum-community-and-development-updates-august-27/
https://blog.qtum.org/qtum-community-and-development-updates-august-27-5c486e43925c
The CEO/Founder's image appears to be photoshopped on their website - which the CEO never answered if was or wasn't. He uploaded a photo to their ANN, but refuses to answer many important questions.
With minimal photoshop skills, anyone can get the same results using this stock image photo:
He didn't pass KYC, but mysteriously passed KYC a few hours later after we posted on their ANN thread - NO surprise, we are used to this agency doing this often (maybe getting paid to pass a KYC?)
archived
The CEO appears to be inexperienced, his profile on Linkedin only lists 1 job experience, which is his job as the CEO/Founder of Renovato.
He didn't provide a full bio when asked= CEO for this Project - Also the founder lacks professionalism.
What you got next for me bud?
Hey buddy...
And this is his answer about a member with a possible fake name:
Here, his telegram is @soulinthone if you want to dig even deeper.
Very unprofessional, it appears that he doesn't care if the team member is fake or not.
ABOUT THE COMPANY
There are two companies - 1 in Estonia and 1 in the US:
~
Renovato LLC is a subsidiary of Renovato Trading OÜ and operated out of Los Angeles California...
Renovato LLC is a subsidiary of Renovato Trading OÜ and operated out of Los Angeles California...
The one operated out of Los Angeles, is registered in Delaware with an office in San Francisco.
I would like to see proof of such an office in San Francisco and also the one in Estonia.
Delaware registration December 2018
(search: https://icis.corp.delaware.gov/eCorp/EntitySearch/NameSearch.aspx )
The one in Estonia was just registered in February 2019
They want to raise 17 million and appears they don't even have a prototype yet. (The CEO didnt answer if they have one)
*** This project need more investigation ***