Prodeum ico

Jan 31, 2018 Following Prodeum's disappearing act, regulators in the US have taken action against another ICO. The US Securities and Exchange

For the record, Prodeum was a Lithuania-based project whose purported objective was to combine conventional PLU (price look-up) processes with the blockchain technology. Jan 29, 2018 · Prodeum’s own Twitter page, a Medium post on its fruit revolution and company fundraising updates on ICO trackers have all been taken down. Meanwhile, viral tweets showing a screen grab of its Prodeum ICO Fiasco with a Flavor of Trolling Prodeum Fiverr “Promo” Girl For the record, Prodeum was a Lithuania-based project whose purported objective was to combine conventional PLU (price look-up) processes with the blockchain technology. Tracking produce on the Ethereum blockchain Jan 30, 2018 · Initial Coin Offering (ICO) Prodeum saw all of the data from its website, prodeum.io, taken down except for the word “penis”, and was captured just moments after investors realised they had Prodeum, the name of what was meant to be an Ethereum based blockchain vanished from the internet on Sunday after it managed to raise just 11 US dollars A failed a Ethereum start up, at best that’s what we will call it, has suddenly gone incognito on the web after what appears to be a failed ICO. Apr 03, 2018 · Prodeum ICO Fiasco with a Flavor of Trolling. For the record, Prodeum was a Lithuania-based project whose purported objective was to combine conventional PLU (price look-up) processes with the blockchain technology.

06.12.2020 Prodeum ico

The whole operation was well orchestrated except for their below-par marketing strategy. The Prodeum team paid women to write Prodeum on their chests and palms using freelancer website Fiverr. This, coupled with the fact that its name which is pronounced and spelled almost the same as “Prodium,” a drug that’s used in treating urinary tract infections Prodeum, supposedly based in Lithuania, was set to “revolutionize the fruit and vegetable industry. It would do this by putting a new price look-up code system (PLU) on Ethereum’s immutable blockchain. This way, people could track where their fruit and vegetables came from, effectively improving the industry’s transparency. The ICO was well organized, From the whitepaper to its web design, to the details of its founders down to being active on social media.

About The Prodeum ICO Prodeum told it’s investors that it is bringing blockchain technology to product manufacturing and tracking. Prodeum claimed: “It will be a platform used to monitor and track the produce value chain. The project will combine existing PLU processes with blockchain technology.

The Prodeum team paid women to write Prodeum on their chests and palms using freelancer website Fiverr. This, coupled with the fact that its name which is pronounced and spelled almost the same as “Prodium,” a drug that’s used in treating urinary tract infections February 06, 2018 Last week, the Prodeum ICO pulled an exit scam, disappearing into thin air and implying well-known and respected Lithuanian blockchain community members. Now, they claim that three more scams, operating on the same scheme, are public and running.

The amateurish ICO was drummed up through a press release dumped on an NBC affiliate which describes Prodeum as a Lithuanian blockchain project “to overhaul the Price Look-up (PLU) labeling

This project was planning to combine Apr 03, 2018 · Prodeum ICO Fiasco with a Flavor of Trolling. For the record, Prodeum was a Lithuania-based project whose purported objective was to combine conventional PLU (price look-up) processes with the blockchain technology. Jan 29, 2018 · Prodeum’s own Twitter page, a Medium post on its fruit revolution and company fundraising updates on ICO trackers have all been taken down.

Its aim was simple: to Another Ethereum Startup Prodeum Vanished Into Thin Air After Collecting $11 from Investors for ICO and leaves behind a penis. A relatively lesser known and somewhat amateurish Ethereum startup called Prodeum pulled off an exit scam this Sunday and duped ICO investors after cumulatively raising $11 USD in a crowdsale. During the Prodeum ICO, its founders wanted to raise 2.5-6 million euros. They started on 20 January 2018 and 8 days later – bam – the website was replaced by this lovely thing. The project creators disappeared in an unknown direction, being sure to empty the wallet first. This ICO promised to bring blockchain technology to the fruit and vegetable market. Moreover, it had all of the hallmarks of a legitimate ICO. Furthermore, the team appeared to consist of well-known cryptocurrency names, Also, the white paper appeared legitimate, but then out of nowhere Prodeum suddenly disappeared with all of its investor’s May 17, 2018 · Another dubious ICO was Prodeum.

Prodeum wanted millions, but the scammers ended up raising just $11. Three blockchain experts linked to an illegitimate startup called Prodeum told Business Insider they have nothing to do with the organization and are victims of identity theft. This is not the only ICO exit scam that has taken place this year. In late January the Prodeum ICO closed shop by display an offensive word on its website. Fortunately, that ICO had only raised a Jan 29, 2018 · The Prodeum Project seemed like just another blockchain start-up raising money via ICO crowdfunding.It had a white paper. It appeared to have fans on Twitter. It had a logo.

One of the biggest red flags with an ICO project online is when a company refuses to disclose team information. Bitconnect, the crypto industry’s most infamous Ponzi scheme, was run by an anonymous team right to the end. Prodeum, as you might expect, took a similar approach. Jan 30, 2018 Jan 29, 2018 Jan 31, 2018 Jan 29, 2018 Prodeum, supposedly based in Lithuania, was set to “revolutionize the fruit and vegetable industry. It would do this by putting a new price look-up code system (PLU) on Ethereum’s immutable blockchain.

The ICO was pushed into the market through a press release that was published by an NBC affiliate. The press release had described Prodeum as a Lithuanian blockchain project aiming to overhaul the Price Look-up labelling process on fruits and vegetables. The ICO was well organized, From the whitepaper to its web design, to the details of its founders down to being active on social media. The whole operation was well orchestrated except for their below-par marketing strategy. The Prodeum team paid women to write Prodeum on their chests and palms using freelancer website Fiverr.

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An ICO is an unregulated fundraising technique used by blockchain companies where cyptocurrencies like bitcoin and ethereum are used to purchase “tokens” from a startup. In theory, the tokens will be valuable if the company takes off, though many people buy random digital tokens in the hopes that they can trade them like stocks.

ICO Prodeum started on January 20 and was due to finish on March 13, 2018. Jan 30, 2018 May 05, 2019 Jan 30, 2018 „Prodeum“ ICO prasidėjo sausio 20 d. ir turėjo baigtis kovo 13 d., tačiau dar sekmadienį vartotojai pastebėjo, kad svetainė nebeveikia. Šio ICO metu platformos plėtrai buvo norima pritraukti iki 6 mln. USD (2.000-5.000 „Ethereum“ kriptovaliutos vienetų). Ne vienas bandymas Jan 31, 2018 February 06, 2018 Last week, the Prodeum ICO pulled an exit scam, disappearing into thin air and implying well-known and respected Lithuanian blockchain community members.

This ICO promised to bring blockchain technology to the fruit and vegetable market. Moreover, it had all of the hallmarks of a legitimate ICO. Furthermore, the team appeared to consist of well-known cryptocurrency names, Also, the white paper appeared legitimate, but then out of nowhere Prodeum suddenly disappeared with all of its investor’s

A user claiming to be behind the scam said on a forum that Prodeum was a failure, only making $3,000. Apr 03, 2018 Another Ethereum Startup Prodeum Vanished Into Thin Air After Collecting $11 from Investors for ICO and leaves behind a penis. A relatively lesser known and somewhat amateurish Ethereum startup called Prodeum pulled off an exit scam this Sunday and duped ICO investors after cumulatively raising $11 USD in a crowdsale. The startup left its investors with just one word, “Penis.” Jan 29, 2018 Prodeum ICO Fiasco with a Flavor of Trolling. Prodeum Fiverr “Promo” Girl.

During the Prodeum ICO, its founders wanted to raise 2.5-6 million euros. They started on 20 January 2018 and 8 days later – bam – the website was replaced by this lovely thing. The project creators disappeared in an unknown direction, being sure to empty the wallet first. This ICO promised to bring blockchain technology to the fruit and vegetable market. Moreover, it had all of the hallmarks of a legitimate ICO. Furthermore, the team appeared to consist of well-known cryptocurrency names, Also, the white paper appeared legitimate, but then out of nowhere Prodeum suddenly disappeared with all of its investor’s May 17, 2018 · Another dubious ICO was Prodeum. This didn’t raise a huge amount of money — only $11 — but they did attempt to raise $6.5 million before disappearing.