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The yet another Asian story - ICO Scam

Written by @Benji | Published on 2019/11/13

TL;DR
Chinese exchange Bitsdaq cloned the existing code to utilize the infrastructure of Bittrex. Bitsdaq has given away millions of dollars to drive mere account-creation, not legitimate user base growth. The heavy issuance of reward tokens will inevitably dilute the circulating supply without adding any real value to the exchange or its real user base. Such exposure adds little value to investors and only offers vanity figures to appeal to investors. The top Google result for Bitsdaq is its airdrop.com’s free BQQQ tokens.

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Written by
@Benji
Chaos is a ladder.

Topics and
tags
dao-maker|bitstaq|scams|exchange|ieo|marketing-tricks|airdrop|latest-tech-stories
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: 6-5udKBBva_NvQc3-_FB5DQbPQyifuyZt7B9IgSkm48