Quote from: Falcon625 on December 27, 2018, 03:40:14 PM

Possible scam alert!
If you are thinking about investing in this project, think twice, it could turn out to be a scam. Here are the red flags:
1. CMC isn't updated for 6 months, team says that it's problem on CMC side, but many projects that started later then Essentia, are already on CMC with all info intact.
2. Team insists that circulating supply is 614 359 618 tokens, but bloxy.info, coingecko.com and other show circulating supply as much as 909 767 005 tokens.
3. This project conducted ICO 6 months ago, but no tech has been created. They are still on an MvP stage same they had half a year ago. Mobile and desktop versions has been released, but they are just wallets which support bitcoin, ethereum and ERC-20, not more. Mainnet launch was planned on Q4 2018, yesterday they said everything's on track, but today postponed mainnet launch indefinitly, "targeting Q1 2019".
4. Problems with ICO smart contract, e-mail database leaked two times, smart contract modification after ICO, which allowed the team to buy lots of tokens from a smart contract for a couple hundred dollars.
5. Total lack of transperency, and after the mainnet postponed, all AmaZix telegram chat admins have been changed, banning people for asking questions about circulating supply issue. Here is a quote of a message from one who got banned:

Quote

Pete:
Got banned from main chat for pointing out all these issues.. And I'm not even the biggest critic yet received reason from AmaZix as "team decided to ban you" instead of answering questions.

Bet this message gets deleted and another ban will be imposed.

Change of AmaZix mods to buy more time to formulate answers? LMAO

Pete:
LOL the previous mod that handled my ban query is no longer affiliated with AmaZix..

Also answers on a questions at AMA on reddit were edited next day after AMA
6. Token performance is terrible, 40 times lower then ICO price ($4500 invested in ICO for running one masternode turned into $120), they blame "market conditions", but that's not true - some projects launched later then Essentia can enjoy token price increase and ETH fell only 4 times lower (it was pegged at $465 at ICO), so Essentia did -×10 to ETH itself. Team doesn't care about that and seems they don't care that masternodes won't be profitable
7. Bounty hunters got only 1/3 of what they were promissed

Quote

Segregator:
I was pissed when they gave bounty hunters only 1/3 of promised, but now I'm grateful, because that prevented me from investing 😊

Hi, In response to your points raised above.
1. The team contacted CMC several times and in the last days in specific we re-write to them more constantly.
2. Developing of mobile and desktop apps are in progress. Other currencies will be added to wallet.
3. The team can plan an Ama for the next month.
4. The team addressed this in the discussion on telegram, you can read that here for yourself. https://t.me/essentia_one/150783
5. A statement was issued explaining the delay and subsequent reasons for this, you can read that here - https://t.me/essentiaone/146
As for AmaZix moderators being different moderators. It is common-place for personnel to change within any company, so this is not a reason for concern that admins are different, the information and support provided will remain the same either way.
6. Market price is not controlled by the team as everybody understands, but thats not to say they dont care about the token, the project or anything else. The focus is on the development of the project and the team are moving towards the mainnet release, Its unfortunate when timelines are not fully attained, but security and quality are paramount, best take some extra time and ensure a quality release, rather than meet timelines and leave uncertainty around the release. The reality for supporters of projects in the crypto space is that, patience is also needed as delays can occur and with good reason.
7. As for bounty concerns, I believe there was a complaint sheet where bounty participants could voice their concerns about rewards for bounty tasks.

Thank you, i hope this helps!

Darney1

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