X8 Project (X8X) ICO Real rating and Scam details disclosed

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Victim of an ICO Scam ? You sent them money and now cannot withdraw it ? If you want your money back from the ICO you invested in , contact us at [email protected] , our criminal investigators will contact them and take back your money . We are here to help all ICO victims !

 

 

 

Beware of X8 Project (X8X) , take into consideration that all ICOs are unregulated ,and do not provide protection to investors ,in case of fraud or loss.

X8 Project developed two Ether Tokens: X8Currency (X8C) that is fully backed with 8 fiat (cash) currencies + gold and X8X Utility Token, that is used as a key to issuing and exchange process of X8C with 0% fee at a fair value.

TheHackingTeam.com will monitor from now on , 24 hours a day , the financial reputation of X8 Project (X8X) and the people involved in this company, and will notify you about every Complaints, Reviews, Scams, Lawsuits, Frauds reported online.

All the ICOs reviews you found online are positive , because the ICOs pay the reviews sites for publishing excellent information about their ICO , so please wake up and do not buy anything before checking the company !

Gather online helpful information regarding, allegedly unethical financial practices, connected to the X8 Project (X8X) websites and ICO ,make your homework before buying tokens .

It’s always a good idea to Invest in something you do understand. Since you already know the basics of the product, you can dive deep and learn about their technology, market viability, supply, demand, roadmap, incentives, etc.

Do you have financial information to share about X8 Project (X8X) ICO ? Please email it to us at [email protected] , we will publish it , in a 100% anonymous way . If you have any serious information about criminal activities connected to X8 Project (X8X) ICO , we will pay you 1 Bitcoin for valuable inside information .

X8 Project (X8X) ICO don’t have well-documented proof that their business roadmap is working. Purchasing into one is similar to investing in a startup business with no evidence. It’s risky. More times than not when you invest in, you are investing in a research project, not a company. Yes I know, it is a little harsh assessment but an excellent sobering thought to possess.

As you are probably aware, the huge majority of businesses fail within a couple of years of starting.

You have to carefully evaluate if X8 Project (X8X) , has no clear business plans. Because while investors might hope that the X8 Project (X8X) 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 you can pass them your evaluation report about X8 Project (X8X) ICO .

We will for sure see an ICO perish later on , maybe even X8 Project (X8X) ICO . It is possibly a bit too new at this time. But at least among the recent ICO’s if not more, that sounds all amazing and contains millions of dollars in market cap, will fall into nothing. The collapse will not happen overnight; it is going to happen over a year or two even years. We have already seen crypto’s do it.

Before buying tokens at X8 Project (X8X) , please check first , our reviews page , you will find always the most updated information about X8 Project (X8X) , 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.

ASK YOURSELF NOW : It is easy to liquidate the commodity asset of your X8 Project (X8X) digital currency asset and turn this into other digital currencies or back to cash ?

The policies of the X8 Project (X8X) company meet the standards for advertising practices of financial services and technology, as prescribe by the SEC or ASIC or similar regulatory body ?
Typically this means that claims must be substantiated. HOWEVER – in most cases, the claims of Digital Currency ICOs like X8 Project (X8X) , are more generally OUTLANDISH in nature and feature HYPE MARKETING which promotes only a potential upside that has no correlation with reality.

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. Take into consideration that 90% of ICOs fail to deliver .

Specifying terms and conditions of the downside is a legal requirement not adhered to by most ICOs , including X8 Project (X8X) ICO . ICOs divert this by saying they are technology advisors. However, unlike IPO rules under SEC, ICOs only need a white paper about a potentiality and a funky website to solicit millions of dollars in digital currency investment.
Please look the X8 Project (X8X) the team up. You do not limit yourself to Facebook and LinkedIn profiles, try to find more social activity from them. Our Financial Investigator , conducted a full background check on every person involved in X8 Project (X8X) ICO . Every piece of negative information will be published online and reported to the relative authorities .

If there is no trace of discussions, participation in any groups or projects — it is a red flag. We invite you to Investigate the core team behind the project. Find out if the team members actually exist , who they really are , what they have done till those days , when they opened their LinkedIn accounts , etc… Do they have a track record or experience that is relevant to the project that is verifiable? In the X8 Project (X8X) ICO case , let us know your answer .

Are you confident that the team has the ability to deliver versus what is promised and are the goals achievable? If The Answer is NO – run away , do not think twice !!

Submit your story about the X8 Project (X8X) ICO , on our web site for free, for millions to see.

We investigated the legal side. Look up at the website domain , the real registration address, their offices location  — we even sent an offline mail to the office mentioned . We are preparing a press release about it .

We even googled the cell number and e-mails  that are connected to the X8 Project (X8X) ICO team — and found traces of previous activities in the far corners of the web, that told us a lot about the team members .

You can also easily check if they are a real member of the Bitcoin community through a very handy feature on Bitcointalk, the most popular cryptocurrency forum out there where this projects are usually announced.

Speaking about the X8 Project (X8X) ICO theme, or their business concept, do you really think there’s a market for that kind of product and even if there is , there are stong rivals in the field already , make no mistakes about it .
Scam can be seen by an over optimistic or too general description and is this what happened with X8 Project (X8X) 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 X8 Project (X8X) ICO tokens are actually backed up ? Good Question indeed ! Check the matter with them , ask hard questions , and if you do not get an answer , post it as a comment at the end of this page.

 

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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.

Is the X8 Project (X8X) ICO project’s code appears to be cloned from another token/app ? If this is the case : This means it is likely to be a scam.

Before investing in X8 Project (X8X) 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?

Are responses specific or do the parties involved speak in generalities?

Do they come off as overly optimistic?

Good question you must ask yourself before buying their X8 Project (X8X) 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?”

Is the X8 Project (X8X) project be able to acquire a share of the market space , with their product innovation or services ?
Contact them and ask them to supply a reply , if the company do not reply , or send you a general email , this is a super red flag .

How long has the X8 Project (X8X) project been in development? Again check the matter in a very detailed way .

The main question we ask ourselves : has X8 Project (X8X) project a substantial record of progress over several months ? Please note that if only if recently appeared, this is a sign to be very cautious.

Is the X8 Project (X8X) token supported or projected to be supported on more than one exchange now or in the near future?
How will the tokens be used, by whom and are there any indications of support coming from the market? We do not know !!
What user problems will the X8 Project (X8X) project really solve? Do these problems really exist? Is blockchain able to solve them? Is blockchain really needed at all for solving these issues? Are there similar projects already available and how will this one make a difference in the niche?

 

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We have a lot of unanswered question regarding the X8 Project (X8X) 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?
One of the main issues with startups like X8 Project (X8X) ICO today, is that the proposed ideas look truly revolutionary and great and can quickly attract supporters, but most of them can’t be delivered due to technical limitations and other factors. According to recent surveys, 84 out of 100 ICO projects are never delivered, and one of the key reasons is the lack of technology to execute.

Is the X8 Project (X8X) ICO , making too 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.
AGAIN RED FLAG .

The X8 Project (X8X) ICO Compromised or missing escrow: Absence of an escrow account is the biggest red flag to look out for. Similarly, if an escrow releases 100% funds to the project team after ICO, it’s a bad escrow, and should be considered as a red flag. Fund releasing should happen gradually such as 20% after token distribution, 40% after beta release, and similar milestones.

No technical details in the X8 Project (X8X) ICO whitepaper: If an ICO promises to disrupt an established industry without providing any technical or operational details, it qualifies as a scam. Good whitepapers have charts, calculations, specifications, and even code at times.

Why Does the ICO Scam Work?
People will be people; there is a lot of money to be made on speculation. The lure of making back your money quickly is a great selling strategy. It is a new generation of Ponzi schemes. A simple reason on why ICO like X8 Project (X8X) , is so popular and works is because they are not regulated formally by any financial jurisdiction, and exist in the crypto ecosystem where there are fewer checks and balances.

All forms of investments carry a latent degree of risk – some investments might be riskier than others. When you do invest in a new cryptocurrency like X8 Project (X8X) , you do so with an understanding that you may lose part or all of your money – and that’s why seasoned investors conduct due diligence to measure risk in relation to reward before they invest. However, if a cryptocurrency offers you a guaranteed amount/percent ROI on your investment, like the X8 Project (X8X) ICO , it is most likely a scam because it’s eliminating the risk factor in investments.

Unrealistic X8 Project (X8X) goals: If an ICO makes bold claims without an economic plan or roadmap to support it, it’s best to avoid investing. Further, even if the team has offered a roadmap, you have to do your own research and judge the feasibility of the project.

Is the X8 Project (X8X) ICO whitepaper a real Buzzword salad , and looks to good to be true , but when you actually sit down to digest it, this ICO taste like vague claims and empty promises ? Let us know what you think , and let them know what you feel about their ICO .

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 .

 

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Before you invest your funds in the X8 Project (X8X) ICO, you need to take a moment of introspection to reexamine why you are investing in the said cryptocurrency. Are you buying into the X8 Project (X8X) ICO because it has strong business fundamentals or because the sales pitch make you feel good? You should also avoid buying into the X8 Project (X8X) ICO because the marketing pitch is always in your face through ads, emails, social media, or an unrelenting friend.

Is there a strong business case for X8 Project (X8X) technology ?
Missing X8 Project (X8X) code repository: This is another sure shot method to spotting an ICO scam. If the company is unwilling to release its code to public repositories such as Github, avoid the ICO altogether.
You can have the wrong impression that Your X8 Project (X8X) investment is extremely liquidatable; and that you can cash out whenever you want, which makes this space quite distinctive and exciting. Please combine this with your typical individual who understands little of investing and only throws money at things. Hype fuels a good deal of gains in crypto’s which adds more danger, as any marketing firm can tell you Hype can be bought or created artificially….and you get scammed like a baby !!

When evaluating the X8 Project (X8X) 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.
Thinking up a product like X8 Project (X8X) , is not the same thing as creating it. Startups like X8 Project (X8X) , very often “burn out” when faced with unforeseen problems. Someone goes bankrupt after launching his startup, while someone else doesn’t launch at all.

Please Note : 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, X8 Project (X8X) ICO , 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.

The amount of money that a cryptocurrency startup wants to raise in its ICO can also provide valuable insight into its credibility. Cryptocurrency startups usually sell tokens in an ICO in order to raise money to build their product, add new features, or scale their service to control a larger market share. However, scam artists won’t mind vanishing into thin air with a few hundred thousand dollars worth of Bitcoin. Hence, you should be extra cautious around companies that want to raise thousands or single digit millions in an ICO like X8 Project (X8X) .

How to Not Fall into the ICO scam?
With investments in ICOs like in X8 Project (X8X) , always remember, you are not investing; you are mostly gambling. Most of these companies will likely fail to deliver on their promises. Maybe they never intended to make a product in the first place.

Any project you invest money in must be real right now, not in the distant future. Is this the case with X8 Project (X8X) ICO ?
The first rule of thumb when it comes to investment in new ICOs is never investing in them unless you have seen a working prototype of their product in action yourself. Ask yourself : is this true for X8 Project (X8X) ICO ?
X8 Project (X8X) people talk how their token supply will decrease (basic cryptocurrency feature present in all coins) and the token price will grow. See how fat that rising bottom line is. This is all they want – an expensive token that will let them dump and exchange it for Bitcoin.

Due diligence is the key when it comes to research in the upcoming X8 Project (X8X) ICO and the products they are offering. You cannot just rely on other people’s research, comments, thoughts or analysis. There are always individuals who pass off paid promotion content as their research.

The best thing you can do is to communicate with X8 Project (X8X) corporate executives involved with the ICO. In most cases, they are more than happy to provide valuable information to help you make your decision. Always be aware that the people you talk to at X8 Project (X8X) , may not have the best intentions, so try to avoid sales pitches. Instead, focus on validating the X8 Project (X8X) company’s existence and direction.
X8 Project (X8X) ICO 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. Do you think that the X8 Project (X8X) startup is using the top Escrow service . And if it’s not, it can be a good indicator about the fact that this ICO being a non-authentic one.

What is an ICO Scam?
ICOs like X8 Project (X8X) , are a cheap way to finance artificial development without any commitments. They are a scam in itself because there is no insurance on the failure to deliver.

Ask them the right questions before investing even one single dollar in the X8 Project (X8X) ICO . You do not get the right answer , let us know .

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 X8 Project (X8X) 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.

Fake and scam ICOs are interested in making their project statements and paragraphs and websites look and sound great, so there is a lot of buzzwords and absolutely nothing new for the reader and potential investor to learn. It turns out that the combination of attractive words, facts and new information will make a text look and sound great in the full description of the word great.

All the discussions here will be a great indicator about the X8 Project (X8X) 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.

REMEMBER : If something seems like a scam, it probably is.
Post your Anonymous Complaints & Reviews Today about X8 Project (X8X) ICO .

EMAIL US at [email protected] , about all the inside information you have about the X8 Project (X8X) ICO .

We will make sure that every person ,that will search information on Google, about X8 Project (X8X) ICO , will find , first of all , your review . Our Reviews are top level ranked on Google, Yahoo and Bing , and we constantly show up on every possible search term , related to X8 Project (X8X) ICO .

You can follow discussions about X8 Project (X8X) ICO projects on BitcoinTalk and see if the developers have had past projects as well as other details of their accounts. The forum could also mention scam projects or shady projects you need to shun. You need to go past that by asking and checking if the X8 Project (X8X) developer is running multiple BitcoinTalk accounts to promote his or her stuff or check why that could be so…it happens.

In general, during the development of their fundamental business strategy, X8 Project (X8X) , like 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 X8 Project (X8X) token issued by the company goes up or down at the crypto-exchanges. Obviously, X8 Project (X8X) ICO supporters are waiting for 10x capital gain, but the majority of us do not care about the deadlines for a project release.

The Hacking Team is a top level crowd sourced review site , the main difference between us and other complaints and reviews sites is that , we monitor the companies issuing ICOs , 24 hours a day , and report every single piece of negative information published about them online .

If you are an investor who is interested in or who gets wooed easily only by attractive words, you might be in the wrong cause so please be sure to go deeper than that. Once you get excited with this X8 Project (X8X) ICO offer, know that the Fear of Missing Out (FOMO) is real and deal with it by taking time to decipher the facts from the company statements.

For anyone willing to invest in an ICO, please check the X8 Project (X8X) ICO project’s whitepaper for more technical and real information before moving forward. What you expect from a real ICO is high-level descriptions and specifications, step by step, about how the project will go on and how the technology works. You will get charts, calculations, simulations, formulas and other specifications. Some ICO scams will not reach that level probably because they target unsuspecting investors who either do not have time to read whitepapers or do not know whether one even exists. However, many do.

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 X8 Project (X8X) ICO .

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

There are thousands of ICOs like X8 Project (X8X) , even going on right now , but unfortunately, most of them are scams or fake and out to steal your money. Most of ICO scams target first timers, but even experienced traders and miners fall into the scam trap.

The Wolf of Wall Street Thinks that ICOs Are ‘The Biggest Scam Ever’

 

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