Background checks and due diligence for ICOs

* Smart contract must be deployed before ICO start ** As of 22/04/18 Working product must be on mainnet before ICO start *** +2 years vesting with a 6 month cliff
* Smart contract must be deployed before ICO start
** As of 22/04/18 Working product must be on mainnet before ICO start
*** +2 years vesting with a 6 month cliff
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • FTEC registered a new limited company in the UK for the ICO. Ihor Torshyn (CEO) is director.
  • Linked profile of CFO Evgeniy Sidelnikov is confusing as it shows that he was 13yo when he went to grad school (MIT). It has been verified that he never went to MIT.
  • Team tokens vest over 1 year. No vesting schedule for advisors tokens.
  • Demo on IOS and Android.
Full review
Date 24 Apr 2018 - 18 Jul 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Formerly known as Hawala.Today.
  • Refused to provide LinkedIn profiles for the "team" members.
  • Staking wallet available, actual exchange yet to launch.
  • Hat exchange lied about token lock and continue to mislead token holders.
  • No team member is listed as the director of Bynary, Inc.
Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Github has one repo for the token sale smart contract. Project Source code not yet released to the public.
  • Smart contract not yet deployed.
  • Q3 Mandala platform beta release. Q4 Mandala platform full release.
  • Team tokens vest over 1 year. 50% released after 6 months of crowdsale. Advisors tokens vest over 3 months. 50% released after the crowdsale.
  • Mandala is considering changing the vesting schedule for team tokens to 2 years. 25% released every 6 month. They are also exploring on extending the vesting schedule for advisors tokens. Pending check for Codified vesting in the smart contract.
  • US investors cannot participate in the tokensale. Mandala filed a Reg-S for their token sale and are filing a Reg A+ for the exchange.
Full review
Date 21 Apr 2018 - 31 Jul 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments Full review
Date 06 Jun 2018 - 06 Jun 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • The founders never replied to investors' questions, showing total disregard to their concerns.
  • Disturbing screenshot of Co-founder Xun Cai.
Full review
Date 11 Jun 2018 - 25 Jun 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Product demo available.
  • Founders tokens vest over 1 year. Pending check in the deployed smart contract.
  • Presale ongoing, ends 6th June 2018.
Full review
Date 10 Apr 2018 - 30 Jun 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • TBU
Full review
Date 12 Jun 2018 - 17 Jun 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • TBU
  • Team tokens vest over 2 years. Pending check for codified vesting in the ERC20 smart contract.
Full review
Date 28 May 2018 - 28 May 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Code in Private repo. The Quarkchain team said that they will be open sourcing their code in Q2 2018.
  • Team and advisors tokens vest over 2 years. Vesting schedule not codified.
  • Use of proceeds not available.
  • Private sale hard cap $16M. Public sale hard cap $4M. Total supply 10B QKC.
  • The Quarkchain team never provided the company registration number, list of directors, details of registered office address and use of proceeds.
  • The Quarkchain team never replied to investors' questions, showing total disregard to their concerns.
Full review
Date 02 Jun 2018 - 03 Jun 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Public beta in june.
  • Team and advisors tokens vest over 2 years but not coded in the smart contract.
  • Smart contract was not audited by an independent cybersecurity company.
Full review
Date 11 May 2018 - 24 May 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Testnet not available. Beta Ethereum plug-in N/A.
  • Cannot audit codified vesting in the deployed smart contract. Contract source code not published on etherscan.
Full review
Date 31 May 2018 - 01 Jun 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Crowdsale cancelled and replaced by Airdrop.
  • Team and Advisors get access to half of their tokens once the ICO start. The other half vests over 12 month.
  • Vesting schedule for Team and Advisors won't be coded in the smart contract.
  • Product not connected to blockchain, the tile platform.
  • Presale ongoing
Full review
Date 27 Mar 2018 - 31 May 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Founder & Shareholders tokens vest over 1 year. Not codified.
  • Advisors & Team tokens vest over 1 year. Not codified.
  • TGE in May.
Full review
Date 24 May 2018 - 25 May 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Rogue Admin stole 500 ETH
  • More proof needed to verify that all team members work for Hero Node.
  • Mainnet in 2019.
  • Team tokens vest over 2 years but not coded in the smart contract.
  • Heronode is not using a 3rd party for KYC verification.
Full review
Date 17 May 2018 - 17 May 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • TBU
Full review
Date 08 May 2018 - 07 Jun 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • No smart contract for the crowdsale.
  • No working product.
  • No vesting schedule for Advisors tokens. Vesting schedule not codified, smart contract N/A.
Full review
Date 12 Mar 2018 - 30 Apr 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Algo Marketplace beta will be online upon completion of the TGE
  • Team tokens vest over 3 years with a 3 months cliff. 6 months for advisor with 3 months cliff. To verify in the deployed smart contract.
  • Residents of The United States, Singapore and China (Including Hong Kong and Macau) will not be able to participate.
Full review
Date 16 Apr 2018 - 22 Apr 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • New decentralized platform
  • No vesting schedule for Organization & Team tokens.
  • The team will mostly be paid in Holo fuel which is not exchangeable until the platform is running. HoloTokens are temporary and will be destroyed once Holo Launches.
  • Residents of The United States, China, and South Korea will not be able to participate
  • The team was completely transparent during the due diligence process
Full review
Date 29 Mar 2018 - 28 Apr 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • No vesting schedule for Team and Advisors in the smart contract.
  • No working product
  • Use of proceeds not available
Full review
Date 28 Mar 2018 - 28 Apr 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Tokens are NEO NEP-5
  • Developers and advisors tokens vest over 3 years with a 1 year cliff. (Need to check for codified vesting in the neo smart contract)
  • Cannot identify some team members. Last name and social profile missing.
Full review
Date 19 Apr 2018 - 19 Apr 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Vesting schedule for Team and Foundation will be announced when ico details are released.
  • Project source code not available on Github
  • Reddit FAQ states that | Mainnet will launch to coincide with the ICO. Soft launch prior to the Mainnet for miners to participate in.
  • Whitelist registration ended.
  • Block Collider Foundation registered in Liechtenstein on 23 March 2018.
  • All countries can participate in the crowdsale.
Full review
Date 12 Apr 2018 - 12 Apr 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Crowdsale cancelled and replaced by Airdrop.
  • Company tokens vest over 3 years but not coded in the smart contract.
  • Mainframe protocol not on testnet. Mainnet by years end.
Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Public sale cancelled.
  • No working product. Demo available on the website.
  • Codified vesting N/A in deployed smart contract.
  • Gitub N/A, cannot audit smart contract for codified vesting.
  • Security Token
Full review
Date 06 Mar 2018 - 01 Apr 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Crowdsale cancelled.
  • Product not yet connected to blockchain.
  • Token economy was published but Vesting schedule for Team and Advisors tokens was omitted.
  • 20% of Tokens for Private Sale \ Crowd-Sale
  • Token distribution scheduled for late May.
Full review
Date 19 Feb 2018 - 14 Mar 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Rogue Admin scammed USD 2M worth of Ether
Full review
Date 03 Apr 2018 - 03 Apr 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Cannot verify team. Possibility of identity theft.
  • No company info.
  • No smart contract.
Full review
Date 10 Jan 2018 - 21 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Company AKASHIC FOUNDATION LTD. registered in Singapore.
  • TestNet released Q3 2018 | MainNet Q2 2019
  • Team tokens vest over 1 year
  • Smart contract N/A yet
  • Pre sale 12th of Mar - 16th of Mar
  • Main sale 19th March - 23rd of March
Full review
Date 12 Mar 2018 - 23 Mar 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Hacked. KYC Leaked.
  • Smart contract N/A. Cannot check codified vesting for team and advisors.
  • Team does not want to share their Github yet.
  • No working product
  • Q1-Q2 2019 - Launch of Sentinel Chain v1.0
  • Hard Cap 14.4 million USD
  • Whitelist ends 26th February 2018
Full review
Date 06 Mar 2018 - 08 Mar 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Team refused to give company info
  • No product
Full review
Date 08 Jan 2018 - 11 Mar 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • 6 month vesting schedule for tokens distributed to founders and team
Full review
Date 22 Jan 2018 - 28 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Public sale cancelled.
  • Vesting for Team and advisors not coded in the smart contract.
  • Team tokens vest over 3.5 years and varies for advisors depending on their role.
  • Demo available on Windows, Mac and Linux. You can create strategies and backtest using real market data.
  • The Co-founder was completely transparent during the due diligence process.
Full review
Date 01 Feb 2018 - 28 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Vesting for Team tokens not coded in the smart contract.
  • No working product
  • White Paper not available in English
Full review
Date 23 Feb 2018 - 23 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Team and advisor tokens vest over 3 years.
  • Product not connected to the CLN (Blockchain)
  • Use of proceeds not available
  • Roadmap incomplete
Full review
Date 14 Feb 2018 - 18 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Vesting for team tokens not coded in the deployed contract.
  • Team and founders tokens vest over 2 years with a 6 month cliff.
  • 10 % of Partners and advisors tokens will vest over 6 month with 3 month cliff.
  • Demo available.
Full review
Date 13 Feb 2018 - 13 Mar 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Team tokens vest over 2 years with a 6 month cliff. Advisors 6 month with a 3 month cliff.
  • Hard Cap 15 Million USD in ETH equivalent and the spot price is 1800 FND/ETH
  • Whitelist closed on 25 Jan 2018. Only whitelisted participants are allowed to participate.
  • The token sale will be a two day event. 12/02/2018 - Individual Capped sale for 24 hours - every whitelisted can contribute min 0.01 and max 1 ETH. 13/02/2018 - Uncapped until the max is reached (6000 ETH).
  • The Founder was completely transparent during the due diligence process
Full review
Date 12 Feb 2018 - 13 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Vesting for Team and advisors not coded in the smart contract.
  • Source code for smart contract not available to audit.
  • Founder and staff tokens vest over 3 years. Partners and advisors tokens vest over 6 to 12 month.
Full review
Date 07 Feb 2018 - 08 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Private pre-sale participants received between 0–15% bonus. This bonus is not locked.
  • Vesting schedule not codified. Team tokens vest over 2 years. 6 month for advisors.
  • No working product available to test
  • Citizens of U.S, China, Korea & Canada will not be able to participate
Full review
Date 03 Feb 2018 - 03 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • No working product but a prototype
Full review
Date 01 Feb 2018 - 01 Mar 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Not a single team member is listed as director of GIZA DEVICE LTD. Director Lafortune Elna Paulette and Majority shareholder Andrey Pashin are nowhere to be seen on the website or white paper.
  • Tokens for team and founders will be locked for 8 months
  • Github has no repository
Full review
Date 12 Jan 2018 - 08 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • No working Product. dApp is under development.
  • 12 month vesting schedule for Team and Founder tokens.
  • Hard Cap USD 7,000,000
Full review
Date 23 Jan 2018 - 15 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • No working product
  • Vesting schedule for team and advisors not coded in the smart contract
Full review
Date 18 Jan 2018 - 02 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • No working product to test.
Full review
Date 04 Dec 2017 - 26 Jan 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • The team never answered the questions asked by investors, showing disregard for their concerns.
Full review
Date 15 Jan 2018 - 28 Feb 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Pre-sale has concluded and there won’t be an ICO.
  • No product and code to see yet
  • Co-founders Nate Ren and Solomen Zhang are not shareholders of the company
Full review
Date 14 Dec 2017 - 11 Jan 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Public sale is cancelled
  • Video demo of Prototype available
  • The Co-founder was completely transparent during the due diligence process
Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Team and advisors tokens locked for 10 month with 10% that vest each month.
Full review
Date 21 Jan 2018 - 31 Jan 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments Full review
Date 26 Dec 2017 - 25 Jan 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Existing business with revenue
  • Smart contract not deployed
  • Team tokens vest over 12 month
  • The Founder was completely transparent during the due diligence process
Full review
Date 28 Nov 2017 - 01 Jan 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments Full review
Date 15 Dec 2017 - 23 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Team tokens vest over 5 years with a 2 year cliff
  • Advisors tokens vest over 2 years with a 1 year cliff
  • The Co-founder was completely transparent during the due diligence process
Full review
Date 27 Nov 2017 - 26 Jan 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • 30% of tokens for founding team, vested over 18 month
  • 3% of tokens for advisors, vested over 6 month
Full review
Date 15 Dec 2017 - 31 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • No vesting schedule for tokens distributed to founder, team and advisory board.
  • No working product.
Full review
Date 12 Dec 2017 - 26 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • No working product
  • Early beta available
Full review
Date 04 Dec 2017 - 25 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Anonymous ICO
  • SCAM
Full review
Date 04 Oct 2017 - 30 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Anonymous ICO
  • SCAM
Full review
Date 01 Dec 2017 - 29 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Anonymous ICO
  • SCAM
Full review
Date 08 Nov 2017 - 12 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Zero tokens will be distributed to the indaHash team.
  • IndaHash refused to share annual revenue with investors.
Full review
Date 29 Nov 2017 - 20 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • 9% of tokens for founders and management with a 10 month vesting schedule
  • Deployed smart contract does not have vesting schdedule for founders and management
  • No working product to test
Full review
Date 31 Oct 2017 - 14 Jan 2018
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments Full review
Date 29 Oct 2017 - 30 Nov 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Asks to send eth to a wallet address and not a contract address
  • Anonymous TROLL ICO
Full review
Date
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • 6 month vesting for 50 % of team tokens. Other 50% of team tokens has no vesting schedule
  • No working product for Naga wallet (Multi-currency wallet), essential for the NAGA ecosystem
  • More red flags
Full review
Date 30 Nov 2017 - 15 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • 1 year vesting schedule for tokens distributed to team and founders
Full review
Date 14 Nov 2017 - 28 Nov 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • 3 year vesting schedule for tokens distributed to founding team
Full review
Date 17 Nov 2017 - 16 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • No vesting schedule for tokens distributed to Brainbot and its employees.
Full review
Date 18 Oct 2017 - 01 Nov 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • Smart contract not deployed
  • Adviser was involved in a charity scam
  • Multiple red flags
Full review
Date 04 Oct 2017 - 24 Dec 2017
Company name

Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
  • 6 month vesting schedule for tokens distributed to management
Full review
Date 17 Nov 2017 - 10 Dec 2017
Company name
Real team
GitHub
Smart Contract*
Product**
Vesting***
Have a company
Transparent
Location
Comments
Date
  • FTEC registered a new limited company in the UK for the ICO. Ihor Torshyn (CEO) is director.
  • Linked profile of CFO Evgeniy Sidelnikov is confusing as it shows that he was 13yo when he went to grad school (MIT). It has been verified that he never went to MIT.
  • Team tokens vest over 1 year. No vesting schedule for advisors tokens.
  • Demo on IOS and Android.
Full review
24 Apr 2018 - 18 Jul 2018
  • Formerly known as Hawala.Today.
  • Refused to provide LinkedIn profiles for the "team" members.
  • Staking wallet available, actual exchange yet to launch.
  • Hat exchange lied about token lock and continue to mislead token holders.
  • No team member is listed as the director of Bynary, Inc.
Full review
Full review
  • Github has one repo for the token sale smart contract. Project Source code not yet released to the public.
  • Smart contract not yet deployed.
  • Q3 Mandala platform beta release. Q4 Mandala platform full release.
  • Team tokens vest over 1 year. 50% released after 6 months of crowdsale. Advisors tokens vest over 3 months. 50% released after the crowdsale.
  • Mandala is considering changing the vesting schedule for team tokens to 2 years. 25% released every 6 month. They are also exploring on extending the vesting schedule for advisors tokens. Pending check for Codified vesting in the smart contract.
  • US investors cannot participate in the tokensale. Mandala filed a Reg-S for their token sale and are filing a Reg A+ for the exchange.
Full review
21 Apr 2018 - 31 Jul 2018
Full review
06 Jun 2018 - 06 Jun 2018
  • The founders never replied to investors' questions, showing total disregard to their concerns.
  • Disturbing screenshot of Co-founder Xun Cai.
Full review
11 Jun 2018 - 25 Jun 2018
  • Product demo available.
  • Founders tokens vest over 1 year. Pending check in the deployed smart contract.
  • Presale ongoing, ends 6th June 2018.
Full review
10 Apr 2018 - 30 Jun 2018
12 Jun 2018 - 17 Jun 2018
  • TBU
  • Team tokens vest over 2 years. Pending check for codified vesting in the ERC20 smart contract.
Full review
28 May 2018 - 28 May 2018
  • Code in Private repo. The Quarkchain team said that they will be open sourcing their code in Q2 2018.
  • Team and advisors tokens vest over 2 years. Vesting schedule not codified.
  • Use of proceeds not available.
  • Private sale hard cap $16M. Public sale hard cap $4M. Total supply 10B QKC.
  • The Quarkchain team never provided the company registration number, list of directors, details of registered office address and use of proceeds.
  • The Quarkchain team never replied to investors' questions, showing total disregard to their concerns.
Full review
02 Jun 2018 - 03 Jun 2018
  • Public beta in june.
  • Team and advisors tokens vest over 2 years but not coded in the smart contract.
  • Smart contract was not audited by an independent cybersecurity company.
Full review
11 May 2018 - 24 May 2018
  • Testnet not available. Beta Ethereum plug-in N/A.
  • Cannot audit codified vesting in the deployed smart contract. Contract source code not published on etherscan.
Full review
31 May 2018 - 01 Jun 2018
  • Crowdsale cancelled and replaced by Airdrop.
  • Team and Advisors get access to half of their tokens once the ICO start. The other half vests over 12 month.
  • Vesting schedule for Team and Advisors won't be coded in the smart contract.
  • Product not connected to blockchain, the tile platform.
  • Presale ongoing
Full review
27 Mar 2018 - 31 May 2018
  • Founder & Shareholders tokens vest over 1 year. Not codified.
  • Advisors & Team tokens vest over 1 year. Not codified.
  • TGE in May.
Full review
24 May 2018 - 25 May 2018
  • Rogue Admin stole 500 ETH
  • More proof needed to verify that all team members work for Hero Node.
  • Mainnet in 2019.
  • Team tokens vest over 2 years but not coded in the smart contract.
  • Heronode is not using a 3rd party for KYC verification.
Full review
17 May 2018 - 17 May 2018
08 May 2018 - 07 Jun 2018
  • No smart contract for the crowdsale.
  • No working product.
  • No vesting schedule for Advisors tokens. Vesting schedule not codified, smart contract N/A.
Full review
12 Mar 2018 - 30 Apr 2018
  • Algo Marketplace beta will be online upon completion of the TGE
  • Team tokens vest over 3 years with a 3 months cliff. 6 months for advisor with 3 months cliff. To verify in the deployed smart contract.
  • Residents of The United States, Singapore and China (Including Hong Kong and Macau) will not be able to participate.
Full review
16 Apr 2018 - 22 Apr 2018
  • New decentralized platform
  • No vesting schedule for Organization & Team tokens.
  • The team will mostly be paid in Holo fuel which is not exchangeable until the platform is running. HoloTokens are temporary and will be destroyed once Holo Launches.
  • Residents of The United States, China, and South Korea will not be able to participate
  • The team was completely transparent during the due diligence process
Full review
29 Mar 2018 - 28 Apr 2018
  • No vesting schedule for Team and Advisors in the smart contract.
  • No working product
  • Use of proceeds not available
Full review
28 Mar 2018 - 28 Apr 2018
  • Tokens are NEO NEP-5
  • Developers and advisors tokens vest over 3 years with a 1 year cliff. (Need to check for codified vesting in the neo smart contract)
  • Cannot identify some team members. Last name and social profile missing.
Full review
19 Apr 2018 - 19 Apr 2018
  • Vesting schedule for Team and Foundation will be announced when ico details are released.
  • Project source code not available on Github
  • Reddit FAQ states that | Mainnet will launch to coincide with the ICO. Soft launch prior to the Mainnet for miners to participate in.
  • Whitelist registration ended.
  • Block Collider Foundation registered in Liechtenstein on 23 March 2018.
  • All countries can participate in the crowdsale.
Full review
12 Apr 2018 - 12 Apr 2018
  • Crowdsale cancelled and replaced by Airdrop.
  • Company tokens vest over 3 years but not coded in the smart contract.
  • Mainframe protocol not on testnet. Mainnet by years end.
Full review
  • Public sale cancelled.
  • No working product. Demo available on the website.
  • Codified vesting N/A in deployed smart contract.
  • Gitub N/A, cannot audit smart contract for codified vesting.
  • Security Token
Full review
06 Mar 2018 - 01 Apr 2018
  • Crowdsale cancelled.
  • Product not yet connected to blockchain.
  • Token economy was published but Vesting schedule for Team and Advisors tokens was omitted.
  • 20% of Tokens for Private Sale \ Crowd-Sale
  • Token distribution scheduled for late May.
Full review
19 Feb 2018 - 14 Mar 2018
  • Rogue Admin scammed USD 2M worth of Ether
Full review
03 Apr 2018 - 03 Apr 2018
  • Cannot verify team. Possibility of identity theft.
  • No company info.
  • No smart contract.
Full review
10 Jan 2018 - 21 Feb 2018
  • Company AKASHIC FOUNDATION LTD. registered in Singapore.
  • TestNet released Q3 2018 | MainNet Q2 2019
  • Team tokens vest over 1 year
  • Smart contract N/A yet
  • Pre sale 12th of Mar - 16th of Mar
  • Main sale 19th March - 23rd of March
Full review
12 Mar 2018 - 23 Mar 2018
  • Hacked. KYC Leaked.
  • Smart contract N/A. Cannot check codified vesting for team and advisors.
  • Team does not want to share their Github yet.
  • No working product
  • Q1-Q2 2019 - Launch of Sentinel Chain v1.0
  • Hard Cap 14.4 million USD
  • Whitelist ends 26th February 2018
Full review
06 Mar 2018 - 08 Mar 2018
  • Team refused to give company info
  • No product
Full review
08 Jan 2018 - 11 Mar 2018
  • 6 month vesting schedule for tokens distributed to founders and team
Full review
22 Jan 2018 - 28 Feb 2018
  • Public sale cancelled.
  • Vesting for Team and advisors not coded in the smart contract.
  • Team tokens vest over 3.5 years and varies for advisors depending on their role.
  • Demo available on Windows, Mac and Linux. You can create strategies and backtest using real market data.
  • The Co-founder was completely transparent during the due diligence process.
Full review
01 Feb 2018 - 28 Feb 2018
  • Vesting for Team tokens not coded in the smart contract.
  • No working product
  • White Paper not available in English
Full review
23 Feb 2018 - 23 Feb 2018
  • Team and advisor tokens vest over 3 years.
  • Product not connected to the CLN (Blockchain)
  • Use of proceeds not available
  • Roadmap incomplete
Full review
14 Feb 2018 - 18 Feb 2018
  • Vesting for team tokens not coded in the deployed contract.
  • Team and founders tokens vest over 2 years with a 6 month cliff.
  • 10 % of Partners and advisors tokens will vest over 6 month with 3 month cliff.
  • Demo available.
Full review
13 Feb 2018 - 13 Mar 2018
  • Team tokens vest over 2 years with a 6 month cliff. Advisors 6 month with a 3 month cliff.
  • Hard Cap 15 Million USD in ETH equivalent and the spot price is 1800 FND/ETH
  • Whitelist closed on 25 Jan 2018. Only whitelisted participants are allowed to participate.
  • The token sale will be a two day event. 12/02/2018 - Individual Capped sale for 24 hours - every whitelisted can contribute min 0.01 and max 1 ETH. 13/02/2018 - Uncapped until the max is reached (6000 ETH).
  • The Founder was completely transparent during the due diligence process
Full review
12 Feb 2018 - 13 Feb 2018
  • Vesting for Team and advisors not coded in the smart contract.
  • Source code for smart contract not available to audit.
  • Founder and staff tokens vest over 3 years. Partners and advisors tokens vest over 6 to 12 month.
Full review
07 Feb 2018 - 08 Feb 2018
  • Private pre-sale participants received between 0–15% bonus. This bonus is not locked.
  • Vesting schedule not codified. Team tokens vest over 2 years. 6 month for advisors.
  • No working product available to test
  • Citizens of U.S, China, Korea & Canada will not be able to participate
Full review
03 Feb 2018 - 03 Feb 2018
  • No working product but a prototype
Full review
01 Feb 2018 - 01 Mar 2018
  • Not a single team member is listed as director of GIZA DEVICE LTD. Director Lafortune Elna Paulette and Majority shareholder Andrey Pashin are nowhere to be seen on the website or white paper.
  • Tokens for team and founders will be locked for 8 months
  • Github has no repository
Full review
12 Jan 2018 - 08 Feb 2018
Full review
  • No working Product. dApp is under development.
  • 12 month vesting schedule for Team and Founder tokens.
  • Hard Cap USD 7,000,000
Full review
23 Jan 2018 - 15 Feb 2018
  • No working product
  • Vesting schedule for team and advisors not coded in the smart contract
Full review
18 Jan 2018 - 02 Feb 2018
  • No working product to test.
Full review
04 Dec 2017 - 26 Jan 2018
  • The team never answered the questions asked by investors, showing disregard for their concerns.
Full review
15 Jan 2018 - 28 Feb 2018
  • Pre-sale has concluded and there won’t be an ICO.
  • No product and code to see yet
  • Co-founders Nate Ren and Solomen Zhang are not shareholders of the company
Full review
14 Dec 2017 - 11 Jan 2018
  • Public sale is cancelled
  • Video demo of Prototype available
  • The Co-founder was completely transparent during the due diligence process
Full review
  • Team and advisors tokens locked for 10 month with 10% that vest each month.
Full review
21 Jan 2018 - 31 Jan 2018
Full review
26 Dec 2017 - 25 Jan 2018
  • Existing business with revenue
  • Smart contract not deployed
  • Team tokens vest over 12 month
  • The Founder was completely transparent during the due diligence process
Full review
28 Nov 2017 - 01 Jan 2018
Full review
15 Dec 2017 - 23 Dec 2017
  • Team tokens vest over 5 years with a 2 year cliff
  • Advisors tokens vest over 2 years with a 1 year cliff
  • The Co-founder was completely transparent during the due diligence process
Full review
27 Nov 2017 - 26 Jan 2018
  • 30% of tokens for founding team, vested over 18 month
  • 3% of tokens for advisors, vested over 6 month
Full review
15 Dec 2017 - 31 Dec 2017
  • No vesting schedule for tokens distributed to founder, team and advisory board.
  • No working product.
Full review
12 Dec 2017 - 26 Dec 2017
  • No working product
  • Early beta available
Full review
04 Dec 2017 - 25 Dec 2017
  • Anonymous ICO
  • SCAM
Full review
04 Oct 2017 - 30 Dec 2017
  • Anonymous ICO
  • SCAM
Full review
01 Dec 2017 - 29 Dec 2017
  • Anonymous ICO
  • SCAM
Full review
08 Nov 2017 - 12 Dec 2017
  • Zero tokens will be distributed to the indaHash team.
  • IndaHash refused to share annual revenue with investors.
Full review
29 Nov 2017 - 20 Dec 2017
  • 9% of tokens for founders and management with a 10 month vesting schedule
  • Deployed smart contract does not have vesting schdedule for founders and management
  • No working product to test
Full review
31 Oct 2017 - 14 Jan 2018
Full review
29 Oct 2017 - 30 Nov 2017
  • Asks to send eth to a wallet address and not a contract address
  • Anonymous TROLL ICO
Full review
  • 6 month vesting for 50 % of team tokens. Other 50% of team tokens has no vesting schedule
  • No working product for Naga wallet (Multi-currency wallet), essential for the NAGA ecosystem
  • More red flags
Full review
30 Nov 2017 - 15 Dec 2017
  • 1 year vesting schedule for tokens distributed to team and founders
Full review
14 Nov 2017 - 28 Nov 2017
  • 3 year vesting schedule for tokens distributed to founding team
Full review
17 Nov 2017 - 16 Dec 2017
  • No vesting schedule for tokens distributed to Brainbot and its employees.
Full review
18 Oct 2017 - 01 Nov 2017
  • Smart contract not deployed
  • Adviser was involved in a charity scam
  • Multiple red flags
Full review
04 Oct 2017 - 24 Dec 2017
  • 6 month vesting schedule for tokens distributed to management
Full review
17 Nov 2017 - 10 Dec 2017