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Original post: Scam or legit? BEAM [ENG/RU] The team really outdid itself: rudeness mixed with incompetency. After we published our initial review, they went on the defensive about their project being 100% legit and called us trolls-extortionists. At least they didn't delete our review from their…

Original post: Scam or legit? DEXON [ENG/RU] So here's the deal: COBINHOOD is on its last breath, about to go belly up. Its token has barely any volume and is at half its ICO price. In Q2 of this year, they were planning to launch their Decentralized Exchange Online, but apparently ran out of…

Israeli project registered in Malta with a nonprofit fund from Switzerland most of the team of which is from the former USSR (but they're not what makes the project so interesting). Overview Totally anonymous cryptocurrency based on the MimbleWimble protocol and written in pure C++.

Original post: Scam or legit? Algorand Answers to our questions "Hey Just went through the report. We have no relationship with Toda whatsoever. They're just inspired by some of work done by Silvio micali. That's it. You can crosscheck from Toda guys themselves.

Questionable project out of Singapore that's basically a combination of breakthrough ideas from other projects, but claims to be unique. Ambitious plans and shady history. Overview Network platform that is trying to take on the challenge of adapting blockchain technology to mainstream needs of…

We got a detailed response from Matic almost immediately after publishing our audit. The admins are very active in communication (unlike some other teams). Original post: Scam or legit? Matic [ENG/RU] Answers to our questions First of all, we would like to reiterate that our scaling mechanism is…

Questionable concept. Some aspects of the platform the project wants app developers to take on. Little specificity and dubious solutions from the development team. Overview Mobile ad-hoc blockchains that allow groups of people who are not too far from each other to participate in joint activity…

Questionable project. The team has a few demos and smart contracts ready. The idea itself doesn't look like a scam; could easily be implemented. BUT, there is very little technical info about the project. Small team. And their promises of a newer, fuller White Paper are not too encouraging.

Uranus team challenged us on an apparent mistake - changes nothing about their shady code and business. Still a scam. Original link Scam or legit? Uranus Uranus' Complaint Of the three questions we asked them (because the rest were so damning, that they wound up being rhetorical - and so we spared…

The contract and all its possibilities are regulated by just one address that decides which address will have the Validator , СhainLedger , and TokenPorter . Overview We checked up on all the the parts that half a year ago we found questionable, when we first heard about the project.

Original link: Scam or legit? Uranus Uranus answered our questions - and not even in Chinese! Except the rhetorical ones, of course (we didn't dare ask those). The team was quick and responsive. So for a project we found so questionable (to put it mildly), we were very curious to read their…

Questionable project. Another cryptocurrency with blackjack and own development. Strong team and a working platform don't quite feel in tune with shady connections this project has with certain other projects. Some decisions are so ridiculous, they give us pause.

Original link: Scam or legit? ioeX We got answers! Our team had just a couple questions for the ioeX team - but what were their answers? Q: For sealing terms please refer to Appendix 1" Where is this Appendix? Didn't find it in the White Paper. A: We will have that fixed these days.

Decentralized Peer-to-Peer network blockchain ecosystem that allows manufacturers to save money on IoT device upgrades. In turn, users/owners of these IoT devices have the option of participating in the support of the entire P2P network and get ioeX coins as a reward.

Here is an update with answers from the NNS team. Original link: Scam or legit? NNS Recent answers to our questions from the NNS team: Q: You said that you're planning to add an ability to resolve pet names, among other things. Pet names? A: Yes, exactly. This is like Cryptokitties.

Chinese team. Very questionable project. Another "Amazon Cloud killer." Team has been in crypto for 6 years (right, we're sure they met up with Nakamoto for coffee daily). No token and no ICO. Questionable! (almost Scam) Overview Concept Chinese. Sketchy as fuck.

Original link: Scam or legit? Arweave Here is an update with answers from the Arweave team. We did not receive a reply in their Discord. Their team member in Telegram was helpful, but It took a while to get the answers, and so we are publishing the answers we received so far.

Original link: Scam or legit? Vite Recent answers to our questions from the Vite team: Q: If the target network is rolled back or hard forked, the mapped transactions in the Vite system cannot be rolled back. This provokes a double spending attack. For example, getting 1 ETH from the Ethereum…

Questionable project that offers a rather complex solution for dApps. "Vite is an asynchronous solution with a DAG-based ledger." They promise to offer "high throughput, low latency and scalability while also providing security." Their GitHub is currently empty - no product as such; just promises.

Simple and needed project. DNS for the NEO blockchain. Using existing solutions, the developer team created a better way to allow domain names on the blockchain. Almost all (if not all) source code is on GitHub with open access for anyone. Our analysis did not discover any critical flaws in the…