Hashgard : RED flag
Orange + orange + orange = red
1) Dead website.
Today the web site is not up-to-date for weeks. This is really not serious and reveals that there are very few resources and / or people on the team.
2) Investors bullshit.
On the Telegram, the only argument used by admins to promote the coin is the investor Fenbushi Digital.
Fenbushi is known as Fenbushi Capital. What is the link between Fenbushi Capital and Fenbushi Digital ?
They are members of GF Network. In this network, there is also BK Fund another investor of Hashgard. What is interesting here is that 2 founders of BK Fund are respectively COO and founder of Hashgard.
The web site of BK Fund is bullshit :
- only one page based on Word Press
- no HTTPS
- 70% of portfolio links are dead / wrong
- 90% of portfolio projects have no link to BK Fund
Websites (Digital & Capital) are not so bad but above all these don’t prove anything. I am really impressed by the number of shitcoins presents in the Fenbushi Digital’s portfolio. Without reaching the level of BK Fund.
3) Fake & dead partnerships.
Primas : another dead project in Fenbushi Digital portfolio. Started on 2016 December, no real application on 2020.
Scry.info : dead project.
Irisnet : nothing on the partnership since 2018.
Charter : dead project. Also in Fenbushi Digital portfolio.
Wookong : nothing on the partnership since 2018.
MyToken : useless / fake project also in Fenbushi Digital portfolio.
Lots : another dead project in Fenbushi Digital portfolio.
Delphy : dead project.
4) Whitepaper not respected.
You can find it here.
Page 23, the roadmap starts on 2018 2nd quarter and the mainnet was planned on 2019 2nd quarter.
The team is currently communicating on a mainnet on 2020 August.
4) Back price analysis.
If you take a look on the Hashgard chart, the last pump was on 2019 November. I search the related event in the Hashgard’s Medium. I found this.
Hashgard responds positively to the calls of the communist party of China and the people’s republic of China
Of course it was totally bullshit.
5) Opportunism.
The “team” is building the new website. With the little information we see on the telegram or on last Medium posts, we understand that they will try to ride the “DeFi” wave.
Hashgard is a new generation of decentralized finance public chain, so called DeFi public chain. We believe that DeFi will show its unique charm on the Hashgard public chain.
The last “Mainnet Node Plan” could have been written by a business-minded kid :
In other words, if your node successfully packages 1 million blocks during one year, you will obtain 950 million GARD!
Conclusion.
- Several proof of lies.
- Investors not credible.
- Zero real partner.
- Obsolete calendar.
- Github empty.
- Questions are quickly disturbing in Telegram.
- No testnet.
Contact : cryptolanternman@protonmail.com
Donations :
- BTC : 3FJFUxfWUDNweacPBphfGCfqpZxwdw64c4
- ETH : 0xe6a58499ce623dA34E0A17DCCe3c017f916B47E6
