/biz/ - Business & Finance

>>18724209
search fantom scam on warosu

>>18724209
Fantom at the peak of the ico got massive amount of funds. 40m. There was clearly a team member or two being Korean that was money grabbing and not to be trusted. So yeah there is some past mess. BUT Andre Cronje starting advising and really the project is fucking brilliant now. It's got more academic research than Cardano ever had and has the best scalable and fast solution in crypto. Whatever happened in the past cannot argue against the tech. Also they DO have the UAE as client as well hopefully the Central Bank of South Africa. Tech wise it's better than Hashgraph. Finality under a second. It's what wth 2.0 would love to be now.

>>18724313
at this point i dont think it even matters if they have big clients or not. the tokenomics are solid and the DeFi stack will have tons of usage if it works on release.

>>18724313
thanks I will stay away from it for now. there are some red flags here for sure

>>18724209
>>18725369
>literal incel doesn't know how to read

>>18725369
No. Im saying it had some messy social issues early on. This has no bearing on the tech you fucking reddit newflag.

>>18724209
>is this a scam?
could be a little more al dente

>>18724739
>tokenomics are solid
>DeFi stack will have tons of usage

how many TPS can this do?

>>18726061
20k on Xar, opera can theoretically do an infinite amount, or some absurdly high number over 1M+, because the tech scales the more nodes you add.

>>18726061
but right now it is crippled by the EVM, so they are developing another one in sydney, Australia.

https://www.coinspeaker.com/fantom-partnerships-korean-eos/

So much to say about Fantom. Anecdotally its Hashgraph but scalable, fast, decentralised, cheaper and open source. The main developer is Andre Cronje who is the guy we all have been reading on Cryptobriefing when we want solid code reviews we can trust.

https://fantom.foundation

aside from the tech probably being the best consensus in crypto right now there are a couple of major reasons this is a long term hold and will rise a lot in the coming weeks.

There is staking model to bootstrap the chain, this will almost definitely mean 50% or more is locked up for 6 months. So far 20% is but the main wallet with one click staking will be out on the 7th Jan so most people will stake including me.

But the real killer is already they have South African banks about to deploy stable coins on the platform. The project is called XAR network and is working with Cosmos. Can you imagine the media this will get when they announce what the community already now that Fantom is going to be the first project to have SARB central bank backing stablecoin. The market cap is only 20m and is going to do far more than Ripple could due to its tech abilities. Also every Dapps that is going to be released by Fantom uses a new chain and MUST use Fantom to secure the network. Specs are impressive, finality under 1 second, TPS will be optimised to 30k and I believe its about that for XAR network, ETH apps can be deployed on the consensus cheaper and faster and more scalable than what ETH 2.0 promises even if they achieve it. There is nothing not to like about this project and its still under the radar to some extent. It was listed for free by Binance last year.

https://xar.network

>>18724313
>>18726779
This.
Believe it or not, I don't care. You deserve to stay poor if you've fallen for this extended fud campaign and still haven't haven't got a fat bag of FTM.

>>18726779
Anon you should write a new post instead of copy pasting an old one from a couple of months ago, it's not the best look.
But apart from that all the facts still stand, the project is as solid as ever. The only difference is it's now at a sub 10 million MC because of the market crash in march, but it's already starting to break out again and will make a huge comeback in the coming months.

Crypto analyst and investor Nik Patel believes that Fantom will be mentioned in 2020,
https://uzmancoin.com/nik-patel-5-altcoin/

Weiss Ratings' cryptocurrency rating architect Juan Villaverde phantom technology is better than bitcoin technology think. I recommend you to read the details of the news.
https://kriptokoin.com/weiss-ratings-uc-kripto-para-bitcoinden-daha-iyi-teknolojiye-sahip/

This spelling and my sharing about Phantom is not investment advice. My goal is to provide information about the Phantom. It is at the top of the projects that I am closely following and interested in. It is a project that I hope for the future on behalf of myself. I hope that the article I prepared for informing the friends who follow the Altcoins has benefited the Fantom coin.

>>18724313
>There was clearly a team member or two being Korean
Are you kidding, Fantom moron? WHOLE Chink dev team exit scammed. WHOLE Chink management team exited from Fantom Foundation over to a Korean legal Fantom entity to avoid the coming class action lawsuit.

>BUT Andre Cronje starting advising and really the project is fucking brilliant now
The idea from you paid Fantom spamming scammers, aka 38 "paid marketing dep." hustlers with NO devs, that suddenly the openly Fantom scammers hired a clean guy that wanted to work with scammers is insane. Scammer Andy has no real-life experience, he has never finished a project in his whole life: He has NO experience as a coder. He has de facto left the project and already crashed the little project he worked on:
https://medium.com/@andre_54855/post-mortem-of-the-post-mortem-1f49e31fd9c1

Worse, scammer Andy demanded private codes from projects when he was a self-proclaimed "code-reviewer" or the would give projects a shit review. After a while, scammer Andy suddenly started to work for their competitor, Fantom. How is that for a slimy and dishonest behavior?

>It's got more academic research than Cardano
Insane lie. Nothing published in any peer-reviewed paper.

>has the best scalable and fast solution in crypto
>Finality under a second. It's what wth 2.0 would love to be now.
Absurd lie. Scammer Andy was lying about 300 000 tps, dag, and smart contracts for months. What he gave was a crashed trainwreck of a forked Ethereum Virtual Machine with 18 tps that can not scale at all. Despite Fantom boiz lying through their teeth about more tps with more nodes, you can clearly see from their own tests that this is utter bullshit, pic. Fantom will NEVER give any stress test with documentation, as they know their tech is utter shit.

>>18724313
>Also they DO have the UAE
Scammer Fantom has only fake deals with some of the most corrupt regimes in the world. Dubai, Afghanistan, South-Africa. You can clearly see it's a scam that despite their mainnet being operative for months, there has been ZERO attempt from these "partners" to use the shit.

>the Central Bank of South Africa
Absolutely insane scammer lie. If they were even thinking about it, it would have been an enormous paper trail. There is nothing. Worse, the very idea that central banks will use some private entity, and not develop their own, is absurd. Central banks are by their nature centralized, the very opposite of crypto

You forgot your lie about Fantom having a partnership with Oracle and that Oracle is contacting scammer Andy daily for him to help them out with tech problems. What a joke. Reality is that the scammers only have a tech rep agreement with Oracle. Enough that they won't be thrown in jail for fraud for that fake claim, when rambling on about "partnership" with Oracle.

>>18724739
>the tokenomics are solid
What kind of morons "invest" in a chink scam coin where founders and friends have 60% (!!) of total, global supply? You have to be insane to do that. Ethereum foundation had 1% and Vitalik sold his ETH at $7. Chink scammers will dump on you into oblivion.

Distribution. The 3.175 billion FTM will be distributed as follows:
40% token sale
30% market development
15% advisors and contributors
15% FANTOM team and founders

https://www.finder.com/how-to-buy-fantom


>DeFi stack will have tons of usage
No one is using that shit. It's a scam

>>18725913
>you fucking reddit newflag.
Back to plebbit, Fantom scammer. You have to go back. Pic related.

>>18727774
>>18727826
>>18727863
>>18727871
ho no no no no no
GUYS THE RETARD IS BACK EVERYBODY POINT AND LAUGH HAHAAHAHAHAHAHAHAHHAHA

>>18726096
>20k on Xar, opera can theoretically do an infinite amount, or some absurdly high number over 1M+, because the tech scales the more nodes you add.
Total lie. Never documented their insane claims, lied through their teeth about Visa in their own public documentation. Pic. Real TPS for Visa is 65 000 TPS
https://usa.visa.com/dam/VCOM/download/corporate/media/visanet-technology/aboutvisafactsheet.pdf

Xar has not tweeted since December. A total dead scam project. Didn't you idiots tell me that Xar has NOTHING to do with Fantom? That Xar being a total lying scam had nothing to do with scammer Andy and dodgy Fantom? So you Fantom scammer boiz are lying about a lie?

>>18726779
Xar are proven scammers and liars. Have not tweeted since December last year. You are a scammer and a con artist. Fuck off from biz.

>>18724209
Stay clear, the better Korean projects (ICX, TERRA and FLETA) are a much better option right now!

>>18727687
>https://uzmancoin.com/nik-patel-5-altcoin/
Turkish blog making claims in Turkish. When was this written and why don't you have an English source for a claim made by an English speaker?

>Weiss Ratings' cryptocurrency rating architect Juan Villaverde phantom technology is better than bitcoin technology think
They gave that rating based on Fantom's scam claim of 300 000 tps, dag with smart contracts. They have not changed their rating after it was known that all you idiots have is a crashed Ethereum Virtual Machine fork with 18 tps.

Your shit scam is lying openly about having devs, pic.

>>18727905
>>18727923
HAHAHAHHAHAHAHAHAHAHHHAHAHAHAHHA
*breathes in*
HAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAHAHHAHAHAHHA

>>18724209
Fantom's staking model is a clear Ponzi scheme. Over one billion FTM will be dumped on the market in June, crashing the price.

>>18727952
>PROVIDE PROOF!!!
>provides proof
>I DON'T LIKE THAT PROOF, PROVIDE DIFFERENT PROOF! LOOK AT THIS STUFF HERE SEE? THIS OLD STUFF FROM A DIFFERENT TEAM?
>GUYS SEE MY FUD I MADE UP???? LOOK HERE'S A COMMENT I MADE ON TWITTER MAKING FUN OF THEM SEE????? PLEASE GIVE ME ATTENTION THEY AREN'T GIVING ME ENOUGH DAG TO PAY MY BILLS!!

>>18727971
>he literally posts the twitter screenshots seconds before my post.
You can't make this shit up. Holy shit there really is no bigger NPC than denny the fantom schizo. God I can't wait for you to rope when it goes to the moon after CBDC's launch.

>>18724209
Fantom got totally rekt in this thread
>>18689484

Anyone "investing" in Fantom deserves to lose his money. This is an OBVIOUS scam and Ponzi scheme. Fantom chink team exit scammed a long time ago. Scammer Andy replaced them with Russian temp devs so the scammers would still have some kind of "product" and "development" to dump on low IQ investors. Fantom promised a 300K dag with smart contracts. Everyone with tech insight knew that was impossible due to the rubbish tech solutions in the white paper.
Here:
>>/biz/thread/S16667084#p16669074
>>/biz/thread/S16667084#p16669095

So when Fantom scammers delivered their utter garbage product, a fork of Ethereum Virtual Machine with some dag like garbage on top of it, even the most deluded Fantom bagholders would normally have seen something was wrong and start to dump. What the Fantom scammer team did to prolong the scam was to introduce a classic Ponzi scheme with absurd ROI that is unsustainable.
>>/biz/thread/S16683035

But they don't care about that, as it all is designed to attract short term money so they can dump for a couple of months and then complete the exit scam. There is no working product, the "partnerships" are either paid for, mostly in corrupt third world countries or just fabrications. Bitconnect also faked a partnership with Visa, paid for partnership, and positive editorials. Fantom is doing the same thing. Their tech is utter shit and there will be no magical "packaging" of transactions, insane claim, so Fantom suddenly and magically can get high TPS. This is the sad reality:
>>/biz/thread/S16676689#p16676689

Michael Chen did a similar scam earlier on, as a warning for everyone to see. This Fantom scam is just as obvious as Bitconnect was. Here:
>>/biz/thread/S16683240

More about why Fantom is a scam here:
>>/biz/thread/S16673775

>>18727974
>>18727986
Fuck off, scammer.

>>18727999
SCHIZO QUICK!!! YOU NEED TO LINK THE OLD THREADS WHERE YOU POST MORE EVIDENCE THAT GETS REFUTED!!! QUICKLY NOW SOME PEOPLE DON'T REALIZE YOU'RE A RETARD YET!
>Here let me post a link to this thread where I got completely destroyed in all my arguments, and had to run away to my DAG thread, where I continued to get desecrated.
>BUT I WON THAT HEE HEE! MY AD HOMINEM WAS TOO STRONG FOR THOSE FTM SCAMMERS!!!

>>18728024
>SCHIZO QUICK!!! YOU NEED TO LINK THE OLD THREADS WHERE YOU POST MORE EVIDENCE THAT GETS REFUTED!!! QUICKLY NOW SOME PEOPLE DON'T REALIZE YOU'RE A RETARD YET!
>Here let me post a link to this thread where I got completely destroyed in all my arguments, and had to run away to my DAG thread, where I continued to get desecrated.
>BUT I WON THAT HEE HEE! MY AD HOMINEM WAS TOO STRONG FOR THOSE FTM SCAMMERS!!!

>>18728024
Kek he basically links to threads where he got totally destroyed.
Also anyone with half a brain cell can see he is a paid pajeet fudder because he makes upwards of 30 posts in every Fantom thread. If you spend that much time fudding on biz for free you're a fucking retard.

>>18727923
Xar literally tweeted two weeks ago:
"We remain committed to a long partnership with Fantom and our other partners in establishing a leading Non-Inflationary Proof of Stake and DeFi ecosystem outside Ethereum."

And here's the link for proof:
>twitter.com/xarnetwork/status/1249719440247308289

Take your meds already.

>>18728107
They made suddenly two completely empty tweets after they were called out for complete radio silence after being exposed as total liars in December. If you tink that's great, you're a moron.

>>18724313
Bsv ass rapes ftm

>>18725899
>t. utter moron

>>18728847
t. Denny daggins, paid dag schizo who loves the taste of black cock

>>18728893
Interesting psychological projection there. How do you manage to lie five times in one single sentence? Are all you 38 fantom boiz and spammers from Fantom's "marketing dep." pathological liars or is it just in your nature to lie?

>>18727900
Blessed digits

>>18728131
You are shifting the goal post. Gain some credibility and admit you were at LEAST wrong about the tweet

>>18726109
>but right now it is crippled by the EVM
So why did the idiots fork Ethereum Virtual Machine then? You promised a dag from scratch and you had the money to do so, why then just badly fork ETV machine and call it a mainnet, and then just continue what you always have done, pumping out lies and fantasy land about what you will do in the future, scamming newfags all over again.

>developing another one in sydney, Australia.
Really? All your devs on your website are fake Russian devs from another blockchain company in Moscow. So you have devs in Australia? Care to document that, Fantom scammer?

>>18728966

>>18728950
No, I said before that the xar scammer ran away after they were caught in lies and fake marketing promotion and hadn't tweeted for many months. That they suddenly tweet some empty garbage about eternal support of Fantom does not change my argument. There is ZERO development from the zar team, there is ZERO response to their open lies in their marketing material, there is ZERO documentation of their insane claims.

>>18729006
>>18726779
Xar are proven scammers and liars. Have not tweeted since December last year. You are a scammer and a con artist. Fuck off from biz.
You can't even just say "I was wrong ,but the tweet is an empty one" holy fucking kek

>>18729006

Quick he's gone talk about fantom

>>18729265
God he's such a fag. I am going to personally buy a group of men to trace and kidnap him, so I can make him watch me throw away money everyday, while he wishes for death. I will only feed him the worst stale bread and the most disgusting, dusty water, until he perishes

>>18729022
>>18729265
>>18729474
Why are you scamming Fantom boiz such losers?

>>18729474
Honestly that's pretty based.

>>18729589

If it is a scam at least its an active scam, most other scams arent even trying

I'm holding till 0

>buying a gook scam after the gooks already exit scammed
Seems pretty on par for the retards on this board

Who in their right mind would buy a used car from this guy?

>>18730435

>>18730567
Delusional. Name one project he has finished successfully.
https://medium.com/@andre_54855/post-mortem-of-the-post-mortem-1f49e31fd9c1

He is a con artist and rich thanks to idiots like you paying him.
>>/biz/thread/S16683035

>>18729474

>>18730435
Can you please share some contact information of Constellation CEO Ben Jorgensen? I'm looking to buy a new vacuum cleaner and need some assistance and input from a professional. Thank you anon.

>>18730435
I probably would, but now that you and other Fantom fudders brought the FTM price so low and I was able to buy in at rock bottom prices about two weeks ago, I think I'll just be buying a brand new one.

>>18731286
He is one of the few in crypto with real business experience and understanding. You, however, are a dishonest moron.

>>18731370
Using that imbecilic para-logic, you are buying a ton of BCC (Bitconnect) and OneCoin, right?

>>18724313
>Cryptobriefing
I am actually interested. But you saying it has more research than Cardano? Can you link to the evidence of that.
You can say a lot about Cardano, but research is has:
https://iohk.io/en/research/library/

Or where you just shilling?

>>18730741

>>18731449
>>18731481

>>18731741
>>18731756
>t. Fantom clown unable to answer
Go back, you have to go back.

>>18731449
Kek I just love it how you always take the bait to defend you scammy dag shitcoin.

>designers hold the keys to business success
Now i finally understand why they think that partnering with Hello Kitty is somehow a better business plan that building actual blockchain tech.
Sure designers can start a great business designing children's cartoons, I'm not trying to talk down any profession here, but we are in a different industry if you haven't noticed yet.
(I can pretty much predict how your next argument is going to be your baseless fud about Fantom having no developers, only a large marketing department kek)

>>18731894
Can you tell us honestly how you manage to spam every thread? Do you have a bot set to alert you when a fantom thread comes up, or do you just spend 20 hours a day on biz?

>>18731894
>>t. Fantom clown unable to answer
>Go back, you have to go back.

>>18731957
>partnering with Hello Kitty
Insane
>better business plan that building actual blockchain tech
Swap now and mainnet. You are delusional.

Go back, you have to go back.

>>18732065
>GO BACK PLEASEEEEEE GO BACK

>>18731958
This I would love to know.

>>18732190
Exactly, I really hope he is getting paid for spending most of his time shitposting on biz everyday.
But then again, I don't know who would pay for such a shitty fud campaign. It's almost like he's reverse-shilling cause the the fud is so bad.

>>18732190
>>18732459
As always, the moronic Fantom spammers can't answer any question, zero documentation, zero facts, zero logic. All you idiots have is psycho-infantile sand-box insults and sociopathic mudslinging. I am sure potential investors are impressed, ryte? Go back. You have to go back.

>>18732592
I will post my hand to prove I'm not white if you answer his question

lol

>>18732711
Bump

>>18732711
Inb4 he comes back but can't answer so he just changes the subject and calls me a scammer

Damn at least fantom scammers answer shitlol

>>18733974
>but can't answer so he just changes the subject and calls me a scammer
What are you talking about, Fantom scammer? You Fantomoids have not given a single answer with facts and logic, only ad hominem attacks. Go back, you have to go back.

>>18734173
>>18731958
The choice is yours.

>>18734289
VERY WELL YOU HAVE CHOSEN DEATH

ATTENTION EVERYONE SCHIZO IS ACTUALLY PAJEET

>>18734498
I am from Northern Europe. You can't get more Aryan than me. Sorry Fantom pajeet. Go back, you have to go back.

>>18732592
There's tons of documentation, facts, and logic, all over the place, you're just ignoring it

>>18734498
People need to stop entertaining him. At this point he's posted in damn near every single fantom thread on biz for the past year, so we know he has no life. He probably thinks he is actually having some impact on new people. But if we literally just ignore his posts then he can't do shit. Just keep reporting him for spamming/flooding, and for ban evasion (because I've personally gotten him banned before. His next one should be a perma if the jannies would do their fucking jobs.)

>>18734596
Your English is kinda meh for a Scandi. Are you a somali or middle eastern immigrant ?

>>18734596
Answer the question

>>18734631
>Are you a somali or middle eastern immigrant ?
No

>>18734619
>because I've personally gotten him banned before
Yeah, you idiots whined and bitched about racism when I said that the Chink team exit scammed. Pathetic Fantom drones.

I started to warn about Fantom end of October last year. You Fantoids lie about absolutely everything.

>>18734727
Cry more you pajeet

>>18734727
>warn
If that means to pathetically fud in your book, you are correct.

Fantoids, most retarded scammers on biz

>>18724209
Fantom investors, especially those here on /biz/ are absolute idiots. No one in their right mind would want to go anywhere near this crypto.

DAG is dumping lol

Fantom is a scam

>>18737841
I AM MAKING SO FUCKING MUCH MONEY STAKING THIS SHIT!!!

Fantom is the most obvious scam in crypto.

>>18738505
>only DPOS EVM network anywhere w/staking
he got in too early or missed the boat entirely.. RIP

>>18738520
>only DPOS EVM network anywhere w/staking
>he got in too early or missed the boat entirely.. RIP

Fantom is worst scam in crypto

>>18738505
You're getting lazy

I cannot be bothered to read this same argument back and forth in every thread about this token. I have a couple thousand of these and hope to see it do something. If not oh well. But fuck all of this nonstop shitposting and bickering.

>be schizo
>do nothing but post ad hominem arguments
>think I win arguments
>realize I've literally never won a single argument in over a year
>resort to posting pictures of Indians shitting as my last resort
>mfw