“ICO Business”: Joint Ventures
Hello folks. It has been a while since we have been working on our blockchain project, Joint Ventures. I would like to share some of our experiences that we get through during this period.
As you are all familiar with you need to create an audience and demand, hence you basically get into a lot of marketing process to spread your project among people.
Spreading your words among people is important, however during this marketing process a lot frauds came through to sell fictional services. What is even worse, these frauds can easily manipulate the investors. Let’s shed light on this topic with these following examples.
Telegram Manipulation
Just in return for 4 Ethereum they can add hundreds of fake accounts to your Telegram group and create a hype with that. They can even send daily 100+ fake messages to make it look real.
As I am writing this article, our Telegram channel has only 1002 people, yet they are all organic.
Social Media Manipulation
Again, you can build a fake audience for both Twitter, Telegram, Facebook and Youtube. You just need to pay 1 ETH per each one of them. By the way, our Twitter profile has 832 followers.
ICO “Reviews”
IcoBench.com is known as one of the most reputational ICO website as most of you are familiar with. These guy can handle it as well and just in return for 1.5 BTC they can provide you 4.5 rating out of 5.
Our Hacked review rating is 6.5 out of 10 and here is the link for you to check it out.
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Investors mostly care about these easily manipulated metrics but as they experience poor results they will learn to evaluate ICO’s in a different way.
I just wanted to share my experience and make you aware of the frauds going on around. Please be careful while investing on ICO’s. Investing is risky but in cryptocurrency world the risk is much more than usual investments.
Yours sincerely,
Ahmet
