I do have the impression they tried, but they have no idea how to do it. They outsorced the website to a company called Accubits. This company took months to do what you can now find on icechain.org (a wordpress page?). I did write to Accubits and they confirmed that they worked for them. At some point icechain stopped working with them "due to dissagreements" and restarted with a company called Suffescom. They did what you see on icechain.ch. The founders themselves can not even do such a simple site by themselves.

Getting information from them in the Telegram group was next to impossible. I stayed polite, didn't even start to ask real critical questions and got banned two times without notice. While 400 members in the group were mostly silent. No one asked any real questions. Basically only people they personally know where active and only shilling the 'project'.  I concluded that most Telegram members are fake (bought).

That also made me question their private sale: They said 19,181,982 tokens were sold at 0.04$ per token. That's 767,279$. I think that's wildly exaggerated - it's probably a fraction of that. They are lying so often. You can't trust a word they are saying.


It's reassuring to see that you came to the same conclusion here. As I staded in my second post mentioning this paper in this thread:


I tried to contact these people. I found the email address of one of them and wrote to her. Never got an answer though.

I don't think it was initially intended as a scam, however there are some statements which make me think maybe they wanted to pull a scam. I know the founders are real, as they have a registered company. Most people in the whitepaper are just personal acquaintances of the founders. Basically none of them are qualified to run a project involving coding and blockchain - they are qualified electricians and their "Advisors" are self proclaimed crypto trading experts.

It was surely intended as a get rich scheme for the founders and their friends. But it looks like they failed at every step. As you say: what they called the "worlds first physical NFT Marketplace to verify ownership of physical and digital assets on the blockchain" is now a web2.0 shop with stripe-integration and a bad design, many bugs, no products/partners and they call it "The worlds firts web 3 marketplace for luxury watches and jewellery".

Thank you joniboini.
The goal of this post was to post all their so called whitepapers for a start. Because they uploaded a new one several times and removed the old one. They always tuned down their promises and removed features therefore putting the ones that already bought tokens in a worse position. It's now something completely different than early buyers were promised. All this without ever commenting on the changes or announcing the changes. At the moment, they have no whitepaper for download at all. The last one they also called "Investor sheet" and  I honestly think that half the people mentioned as team members don't even know they are mentioned in this paper.

So far they delivered nothing except for trying to sell their tokens on two occasions (Private sale and Seed/Scale sale). After the scale sale ended, I asked how many tokens they sold. They wouldn't answer but bann me instead.

They banned me twice from their Telegram group for asking normal critical questions. They always have cheap excuses for not delivering on their promises.

They Changed the whitepaper (is it even worth to be called that?) several times without communicating.

They promised big and delivered nothing. They don't even answer straigt forward simple questions. Instead, they deleted a lot of their promises and announcements from the Telegram chat.

The founder deleted his Linkedin profile, deleted the whole website of his other company swap-ping.com. They planned an event and cancelled it and just deleted the whole site and set the event telegram group to private.

They did a giveaway on kickoffpages, the terms clearly said employees and affiliates can't participate. 1.st and 3rd. place prize went to two (ex)employees who worked there at the time of the competition according to their linkedin profiles.

They are not able to deliver on their promises. They are no IT or blockchain experts. I say: Be wared, don't trust them.

I have many screenshots of their deleted messages, linkedin profiles and so on.


"Whitepapers": https://gofile.io/d/aLJwKt
Links to telegram etc. https://linktr.ee/Icechain

Never ever send money through paypal to "family or friend" who is not actually family or friend.

According to the FAQ: "...our plan is to build a 'bridge' between POW 'lite' and POW ERC20 by December 2017. This bridge will allow you to transfer your POW 'lite' onto the Ethereum Blockchain where it will becom POW ERC20."

sierramine . com
also seems like a copy of this scam.

USI-tech makes to me the impression of a 21st century "New Age"-movement-like pile of Woo-woo (Woo-woo refers to ideas considered irrational or based on extremely flimsy evidence or that appeal to mysterious occult forces or powers.)
It's a ponzi scheme for the sort people who in the past fell for psychics, mystics and the sorts.

Its sounds revolutionary, but I'm sure their revolution will never happen.
Just wonder what their exit strategy is. Just disappear? More likely they will only pay the people who fell for them with their own coins and nothing else and these will become worthless within no time.

Update: Your 300k POW tokens are currently worth 3.08$ that's -85% in 5 days.

Now your 300k POW tokens are worth 20$. Let's see how low it goes before they are spendable.

I saw that the balance of the BTC address behind auroramine was diclining very fast in the last days. I think the scheme was not sustainable anymore.

Whoever was behind this scheme made at least one million USD in these two weeks.

This is the BTC address of auroramine: 38jMiiZs2C5n5MPkyc5pSA7wwW6H4p6hPa
Still has a balance of 67.60728997 BTC at the moment.

I never did a deposit, as I suspected it to be a scam.

They never do payouts. At least not for those who don't deposit and for others they most certainly only ever pay out less than the user deposited.

See my withdrawal requests: https://imgur.com/a/NO29a
Pending since up to 142 days.

I always suspected it's a scam.
I still invested a small amount of ETH and luckily got it out again with profits well before the site went down.

If anyone is interested:
I got some of their "Loan Agreements" they did with their traders from their site when it was still up: https://files.fm/u/27q4eyzc

I would expect the limits to be as stated there: 1000 maximum ATM withdrawal and 2500 max lifetime load.
But as this is against the new law I think the new limits apply 100 maximum ATM withdrawal and 250 max lifetime load.

Unichange is now one week late on updating this info. Legally that's not good.

Some cheap VPS I recommend (EU):

https://www.arubacloud.com/
https://www.time4vps.eu

Due to the 4th Money Laundering Directive (4MLD), which will take force on June 26, 2017, unverified prepaid debit cards will have much lower allowed limits:

• The maximum amount stored electronically cans not exceed EUR 250
• The maximum withdrawal at one time is EUR 100

http://www.reuters.com/article/us-eu-security-financing-idUSKCN0ZL1RH
http://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=OJ:JOL_2015_141_R_0003&from=EN&utm_source=Users&utm_campaign=2b6c0e1922-important_note_card_limits_2017_06_15&utm_medium=email&utm_term=0_03ca4e9bf7-2b6c0e1922-94241633

So better verify your card before the new rules start in one week from now.

The fastest way to get Bitcoin instantly without ID is usually physical Bitcoin  ATMs, available in most cities.
The disadvantage is that often fees are high, rates not very good.
Where I live the next ATM is a 3minute walk from my home. I can get BTC this way within 20 minutes without ID. 24hours a day, 7days a week.

For UK see for example here: https://coinatmradar.com/country/225/bitcoin-atm-united-kingdom/

If you're in HK, probably the fastest way to get started trading is if you go buy BTC for HKD at a ATM: http://hkbitcoinatm.com

Poloniex does not support fiat fundng at all.