ION COIN WARNING

icocountdown
Apr 21, 2016 · 1 min read

Another day, another — insert here.

Another attempt at a ICO with unfeasable goals. ION Coin.

Here we go again friends.

Thread reference: https://bitcointalk.org/index.php?topic=1443633.0

No escrow of any kind and no escrow with any conditions.

No public source to be audited.

Reference: https://github.com/ionomy/ion

Adam Matlack Involvement with previous scam Paycoin.

Reference: https://www.google.com/?gws_rd=ssl#q=matlack+paycoin+foundation

Reference: https://bitcoinmagazine.com/articles/death-paycoin-employee-video-reveals-internal-chaos-1429396603

Reference: http://themerkle.com/gaw-miners-scam/

Reference: https://bitcointalk.org/index.php?topic=900970.0

Clearly cloned software from Darkcoin(DASH) (they marked Eduffield developer of DASH and masternodes in the whitepaper.) If there is any software at all.

Reference: https://github.com/ionomy/ion/wiki/ION-Technical-Whitepaper

Shocking similarities between paycoin and this coin including

Huge pre-mine (5.9 Million out of 10.9 million supply) — Giving control of highest paying masternodes to them in the network.

Reference: https://www.reddit.com/r/Bitcoin/comments/2r4gck/gaw_miners_liars_frauds_a_brief_recap_of_what_we/

Reference: https://github.com/ionomy/ion/wiki/ION-Technical-Whitepaper

Masternodes = Prime Controllers.(In this case anyway).

Reference: http://coinjournal.net/former-paycoin-developer-joe-mordica-speaks-about-gaws-power-bill-and-prime-controller-issue/

Same terrible marketing tactics as Paycoin with no corporate or business evidence to back it up.

Continued Relationship with Josh Garza even after terrible business has been done.

Terrible security and management skills.

Reference:

Richard Nelson: Developer for paycoin.

Reference: https://github.com/PaycoinFoundation/paycoin/releases

I don’t think I can be more clear with this one.

This will not be listed on http://icocountdown.com

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