Bitcoin Others > Scam graveyard

Swiss Alps Mining ICO in market

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daviddaniels:
There is new ICO coming in the market i.e. Swiss Alps Mining. They say they are protected by Shufti Pro's KYC based ID verification of their clients so there will be no chance of frauds that are prevalent in ICO market. What do you people suggest?

1miau:
I also heard from this ICO, I don't believe it's a scam, but I didn't digged deeper...

I got away from this because their business model was based on a buyback scheme and finally thats especially for the founders very profitable. There will be everytime a rest of tokens staying worthless in your wallet because the amount of purchase is fixed to an unit...

mlawson71:
That was two years ago, how is that venture doing today?

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