Prodeum ico

The ICO was well organized, From the whitepaper to its web design, to the details of its founders down to being active on social media. The whole operation was well orchestrated except for their below-par marketing strategy. The Prodeum team paid women to write Prodeum on their chests and palms using freelancer website Fiverr. This, coupled with the fact that its name which is pronounced and spelled almost the same as “Prodium,” a drug that’s used in treating urinary tract infections

Prodeum was positioned as a technology that was supposed to open to consumers all information about a fruit or vegetable of interest to them by scanning a special barcode. For start-ups, traders and marketers, the Prodeum offered tracking and demand analysis capabilities. ICO Prodeum started on January 20 and was due to finish on March 13, 2018. Jan 29, 2018 · It’s not clear how much of that was the result of prodeum’s ICO. The wallet has since been drained almost entirely, currently showing a balance only worth $0.56 cents. An ICO is an unregulated fundraising technique used by blockchain companies where cyptocurrencies like bitcoin and ethereum are used to purchase "tokens" from a startup.

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Who’s Behind Prodeum? One of the biggest red flags with an ICO project online is when a company refuses to disclose team information. Bitconnect, the crypto industry’s most infamous Ponzi scheme, was run by an anonymous team right to the end. Prodeum, as you might expect, took a similar approach. Jan 30, 2018 · The ICO was pushed into the market through a press release that was published by an NBC affiliate. The press release had described Prodeum as a Lithuanian blockchain project aiming to overhaul the Price Look-up labelling process on fruits and vegetables.

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Poaching Investors With Produce. Prodeum does have a professional looking white paper available via Google docs. The mission Jan 31, 2018 · Prodeum was looking to use blockchain technology in tracking farm produce like vegetables. The Prodeum team set a target of $6.5 million for the fundraiser.

The amateurish ICO was drummed up through a press release dumped on an NBC affiliate which describes Prodeum as a Lithuanian blockchain project “to overhaul the Price Look-up (PLU) labeling

5.400 Ether im Rahmen eines Initial Coin Offerings (ICO) aufstellen, berichtet der 30 янв 2018 Блокчейн-стартап Prodeum, который, запуская ICO, обещал «перевернуть индустрию фруктов и овощей», поставив её на рельсы Jan 30, 2018 Prodeum, a cryptocurrency crowdfunding startup, claimed to be its initial coin offering (ICO), causing only minimal losses to duped investors. 29 sausio 2018 Daržovių ženklinimo sistemai sukurtas projektas „Prodeum“ platino kriptografinius žetonus (ICO), tačiau galiausiai dingo su investuotojų Oct 29, 2018 In today's article, we will be taking a look at the biggest ICO scams ever. Prodeum allegedly managed to scam $6.5 million USD; Prodem

One of the biggest red flags with an ICO project online is when a company refuses to disclose team information. Bitconnect, the crypto industry’s most infamous Ponzi scheme, was run by an anonymous team right to the end. Prodeum, as you might expect, took a similar approach. The ICO was pushed into the market through a press release that was published by an NBC affiliate. The press release had described Prodeum as a Lithuanian blockchain project aiming to overhaul the Price Look-up labelling process on fruits and vegetables.

This way, people could track where their fruit and vegetables came from, effectively improving the industry’s transparency. The ICO was well organized, From the whitepaper to its web design, to the details of its founders down to being active on social media. The whole operation was well orchestrated except for their below-par marketing strategy. The Prodeum team paid women to write Prodeum on their chests and palms using freelancer website Fiverr. This, coupled with the fact that its name which is pronounced and spelled almost the same as “Prodium,” a drug that’s used in treating urinary tract infections February 06, 2018 Last week, the Prodeum ICO pulled an exit scam, disappearing into thin air and implying well-known and respected Lithuanian blockchain community members.

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The amateurish ICO was drummed up through a press release dumped on an NBC affiliate which describes Prodeum as a Lithuanian blockchain project “to overhaul the Price Look-up (PLU) labeling Jan 29, 2018 · Prodeum, by comparison, only seems to have raised $11 based on the Ethereum address that was advertised on Prodeum's site as being the ICO address. (Update: After this article was published the contents of the ICO wallet were sent to another wallet. Dec 30, 2018 · So while it remains unclear just who was behind the fraudulent Prodeum ICO, estimates suggest the scammers made away with anywhere from 430 ETH to 970 ETH. At the time, those amounts were worth The Prodeum project was a Lithuanian-based start-up company that promised to “revolutionize the fruit and vegetable industry with the use of Ethereum blockchain technology.” Like most other crypto start-ups, the project was raising funds through an ICO crowdsale. Jan 29, 2018 · A scam posing as an ICO startup company called Prodeum cut and run this weekend with a whole bunch of investor coins.

Submitting 29 янв 2018 По данным TokenDesk, за восемь дней ICO проект привлёк около $6 млн. 28 и 29 января пользователи Twitter обнаружили, что с сайта Jun 6, 2018 BlockBroker, an ICO that claimed to be building a service to snuff out exit which pocketed a breathtaking $660mln, and Prodeum, who left its Jan 29, 2018 Prodeum's own Twitter page, a Medium post on its fruit revolution and company fundraising updates on ICO trackers have all been taken down.

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This ICO promised to bring blockchain technology to the fruit and vegetable market. Moreover, it had all of the hallmarks of a legitimate ICO. Furthermore, the team appeared to consist of well-known cryptocurrency names, Also, the white paper appeared legitimate, but then out of nowhere Prodeum suddenly disappeared with all of its investor’s

One of the biggest red flags with an ICO project online is when a company refuses to disclose team information. Bitconnect, the crypto industry’s most infamous Ponzi scheme, was run by an anonymous team right to the end. Prodeum, as you might expect, took a similar approach. Jan 30, 2018 · The ICO was pushed into the market through a press release that was published by an NBC affiliate.