One hundred percent of the next scam from Russia.
The creators of this project were already participants in the deception in the past and the year before last (DeCenter).

There is even an investigation on this subject, but unfortunately many of the forum participants are ready to sell their reputation for the money that scammers give them.

In Russian but great investigation https://medium.com/golden-borodutch/%D1%87%D0%B5%D1%81%D1%82%D0%BD%D1%8B%D0%B9-%D0%BE%D0%B1%D0%B7%D0%BE%D1%80-ico-minter-dd708bab5db6

Conclusion

The idea may seem very interesting, it would seem: here it is, a blockchain for housewives - but not everything is so smooth. The intermediary in the form of a BIP wallet will create difficulties in the form of additional actions for both customers and sellers who will have to advertise a BIP wallet, and in case of unforeseen problems, install and configure it for customers on the phone. And each time the seller will check with customers the availability of the wallet and the address for sending coins. It’s easier for people to use cashback cards.

In IT projects, there will not be such difficulties because of the automation of the process, but it is more profitable for founders to create non-convertible wrappers than to invest their money in BIP to create a coin whose price will depend on another token. There is no obvious demand for users, only the creation of a bicycle.

Investors have no guarantees that there is no backdoor in the BIP token smart contract. The team talks a lot about its transparency, but does not show the main thing - the smart contract code, which can be full of errors and backdoors, as is the case with the hacking of the Bancor exchange .

And finally, let's name the eleven red flags of the Minter project:

- The far-fetched nature of the problems solved by the product.
- Lack of UTP before direct competitors - ETH and EOS.
- Strong centralization of the platform and token sale.
- There are no smart contracts, they hope for a non-public product TON.
- Unprofessional behavior of the founder with investors.
- The founder, not fulfilling past promises, gives new ones.
- Too few programmers for a product of this size.
- Lack of team responsibility to investors.
- Lack of information on risks taken by investors.
- A few signs of securities are the “Utility” token.
- Investors are not investors, but buyers of a non-working product.

In January 2016, Evgeny Gordeev founded the cryptocurrency community DeCenter . In July 2017, he announced an ICO on behalf of the community, and as a result, it resulted in postponements, failure to fulfill promises , loss of respect from the community and refusal to conduct ICOs .