Scrinium (SCR) ICO Scam Alert

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Beware of SCRINIUM (SCR) ICO , take into consideration that all ICOs are unregulated ,and do not provide protection to investors ,in case of fraud or loss.

ICO — the hottest craze in cryptocurrencies — is an ‘absolute scam,’ Wikipedia Founder Jimmy Wales says .

On this webpage you can post anonymous reviews and complaints about SCRINIUM (SCR) ICO .

After SEC & MAS reports, everybody knows one can’t just issue ‘randomcoins’. So if a token is not supported by anything (i.e bonuses, ecosystem, company share etc), its issuer might be a scam. So how the SCRINIUM (SCR) ICO tokens are actually backed up ? Good Question indeed !

Be sure to check the past track record of the team and learn about any of the completed projects that are available to you.

For the more technically inclined, check whether the project’s code is open for scrutiny on github.

The SCRINIUM (SCR) ICO project’s code appears to be cloned from another token/app , this means it is likely to be a scam.

Before investing in SCRINIUM (SCR) ICO : Put questions towards the project team and draw conclusions from the types of responses you receive or discussions you read in these forms.

Are the project developers open to dialogue?
Are they forthcoming or are they evasive? ( Check by yourself ….you will not like what you hear )
Are responses specific or do the parties involved speak in generalities? ( Generalities from what we found out )
Do they come off as overly optimistic? YES , they are !

Ensure that a Startup Seeks to Solve a Significant Business Problem

Obviously, to be paid back, money must be invested in a business that makes a difference. Therefore, in the case of TGEs, with their multimillion crowdsales, the executive team must address a prominent problem. As without this foundation, there isn’t any credibility. Is it?

Is it clear how a startup’s proposition works and why would customers buy into it?

In general, during the development of their fundamental business strategy, the majority of ICO sturtups focus on attracting investments. Originally, they may not even care about the future elaboration or even operational processes of their products. They simply endeavor to encourage crypto-investors to buy their tokens actively within a certain period. Without a doubt, it’s the wrong approach. The reason being that all of this is extremely important for the future operations of a sturup as a mature business unit. These things will determine whether the price of a token issued by a company goes up or down at the crypto-exchanges. Obviously, all ICO supporters are waiting for 10x capital gain, but the majority of us do not care about the deadlines for a project release.

Is there enough information on which to base an investment decision?

It’s obligatory to piece all the facts together to make an informed decision regarding your investments. Thus, you should determine if a company conducted market research to identify a particular problem based on qualitative and quantitative arguments. Its white paper must contain facts supporting the arguments that prove a company’s ability to provide a solution to a problem while getting an income.

Good question you must ask yourself before buying their SCRINIUM (SCR) tokens are :

“Could this project be accomplished using a token that is already in existence, such as Ether?
“Is the creation of a new token necessary?”

According to our analysts the SCRINIUM (SCR) project will not be able to acquire a share of the market space , with their product innovation or services.

How long has the SCRINIUM (SCR) project been in development? Nobody really knows .

The SCRINIUM (SCR) project has no substantial record of progress over several months and has only recently appeared, this is a sign to be very cautious.

Is the token supported or projected to be supported on more than one exchange now or in the near future? Very Difficult to answer in SCRINIUM (SCR) case .

How will the tokens be used, by whom and are there any indications of support coming from the market? We do not know !!

We have a lot of unanswered question regarding the SCRINIUM (SCR) ICO :

Will there a cap on the maximum amount of coins that will ever be produced, like bitcoin, or will there be a steady increases in the number of tokens issued over time that could effect the value of all tokens in the future?

How will the token be used in the network and is it even necessary?

From what we read online the SCRINIUM (SCR) ICO , often makes bold claims about their product even though said project offers nothing new or disruptive.

No serious team will ever make a price prediction about their token or claim it can fix the world. But the SCRINIUM (SCR) ICO team did exactly that on their website . AGAIN RED FLAG .

The SCRINIUM (SCR) ICO whitepaper is a real Buzzword salads , looks good , but when you actually sit down to digest it, this ICO taste like vague claims and empty promises.
You do not only want to see a very thorough whitepaper, but also look for a variety of complementary resources such as SWOT analysis, financial model, wallet design, competitor analysis, institutional studies, and more

We anayzed the matter and there is NOT a strong business case for SCRINIUM (SCR) technology.

When evaluating the SCRINIUM (SCR) ICO, the good first question to ask is: “Do they need a blockchain or a native token for this project?” The answer is no to both, chances are the ICO project is an example of solutionism — crypto for crypto’s sake — or a scam.

ICOs will usually have an escrow to hold user’s funds during the ICO and after. So keep an eye out for the Escrow participants and the escrow conditions. This may save you some money. We do not think that the X startup is using the top Escrow service . And if it’s not, it can be a good indicator about the ICO being a non-authentic one.

Ask them the right questions before investing even one single dollar in the SCRINIUM (SCR) ICO .

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The first tact you can use to defend yourself against a fake or scam ICO — or even an ICO not worthy your time — is ascertaining that the project goals are indeed unrealistic. While an ICO could have a genuine interest for business but lack realistic goals (which is an indicator that you should not invest in it in the first place even if it was genuine), this strategy can help you deal with people out to steal your money through an ICO.

Most fake and scam ICOs boldly defend their projects and products but have nothing new or innovative features to offer in the market, so it is almost certain that their project will collapse after a while.

Besides, fake ICOs make vague claims. Usually, they will claim that they can get huge gains within short time but cannot back that up with substantial claims, or make weird claims like they will finally end all the global crises in the ICO world of computers and digits. Actually, instead of giving details of the project for anyone to assess and scrutinize, they are more fascinated with projections of a better future and better market prices and gains.

While there are definitely some companies building innovative things on top of blockchains (and in the crypto space generally), there are many fraudulent groups who are looking for a quick cash grab. The field can be even more confusing to navigate when malicious groups get celebrity endorsements. Surely a trusted face would vet whoever they support?

Realize that even if a blockchain startup passes all of these tests, it doesn’t mean for certain that they aren’t trying to scam investors out of their money

One thing that you should not forget to check on is what people are talking about the SCRINIUM (SCR) ICO which you are interested. If you have any doubt, you can simply put an open ended question on the forum asking people their opinions.

All the discussions here will be a great indicator about the SCRINIUM (SCR) ICO being an authentic one.

You can go to Bitcoin Talk or Reddit for such information.

And no matter how alert you remain, there will be a few people in coming times who will con even the smartest of you but as the market matures, the probability of an ICO being a fraudulent one will decrease and ultimately reach a null value.

The Hacking Team will monitor from now on , 24 hours a day , the financial reputation of SCRINIUM (SCR) and the people involved in this company, and will notify you about every complaints, Reviews, Scams, Lawsuits, Frauds reported online.

Get helpful information regarding, allegedly unethical financial practices, connected to the SCRINIUM (SCR) websites .

Do you have financial information to share about SCRINIUM (SCR) ICO ? Please email it to us at [email protected] , we will publish it , in a 100% anonymous way .

After a careful evaluation it looks like SCRINIUM (SCR) , has no clear business plans. And while investors might hope that the SCRINIUM (SCR) tokens appreciate in value, as those in the bitcoin and Ethereum networks have done, that may not ever happen . The SEC is on the lookout for pump-and-dump schemes , and we will pass them our reports about SCRINIUM (SCR) ICO .

Before buying tokens at SCRINIUM (SCR) , please check first , our reviews page , you will find always the most updated information about SCRINIUM (SCR) , including existing lawsuits records , bankruptcy, legal issues , negative articles, negative comments, negative customer complaints, scam reports , fraud alerts ,arrest records ,negative blogs , negative forum posts , negative mentioning ,negative reviews.

Submit your story about the SCRINIUM (SCR) ICO , on our web site for free, for millions to see.

If you have any kind of information about SCRINIUM (SCR) ICO , that connects them to financial scams , online frauds and investor’s complaints , let us know !

Wall Street’s top regulator has a warning for mom-and-pop investors who are rushing into the booming market for initial coin offerings: the space is probably full of fraud.

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