04-08-2021, 05:00 PM
PSA: massive red flags with Acala Polkadot project happening right now
<!-- SC_OFF --><div class="md"><p>The acala network has started a pre sale of its tokens for “early investors” or whatever they are calling it. They are emailing people and asking for kyc and to deposit btc.</p> <p>I was banned from the telegram group for advising caution to people. This is a CLEAR CASH GRAB IN A HOT MARKET. The founders are at this point SELLING A STORY with NO working product!</p> <p>Acala is SUPPOSED to be launching via a crowdloan using the polkadot blockchain. This is veeery strange for a project that is launching like that.</p> <p>I was excited about this project but this shit is downright sketchy. Advise extreme caution.</p> <p>This shit smells like 2017 all around. Do not like it one bit. We are at the height of a bull market.</p> <p><a href="https://imgur.com/a/JefeMdP">https://imgur.com/a/JefeMdP</a></p> <p>Edit: I am not saying acala is a scam. Not at all. What Im saying is that the ico’s continue to happen which is taking advantage of gullible people in a bull market.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Sovereign_Mind"> /u/Sovereign_Mind </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mmj0zg/psa_massive_red_flags_with_acala_polkadot_project/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mmj0zg/psa_massive_red_flags_with_acala_polkadot_project/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The acala network has started a pre sale of its tokens for “early investors” or whatever they are calling it. They are emailing people and asking for kyc and to deposit btc.</p> <p>I was banned from the telegram group for advising caution to people. This is a CLEAR CASH GRAB IN A HOT MARKET. The founders are at this point SELLING A STORY with NO working product!</p> <p>Acala is SUPPOSED to be launching via a crowdloan using the polkadot blockchain. This is veeery strange for a project that is launching like that.</p> <p>I was excited about this project but this shit is downright sketchy. Advise extreme caution.</p> <p>This shit smells like 2017 all around. Do not like it one bit. We are at the height of a bull market.</p> <p><a href="https://imgur.com/a/JefeMdP">https://imgur.com/a/JefeMdP</a></p> <p>Edit: I am not saying acala is a scam. Not at all. What Im saying is that the ico’s continue to happen which is taking advantage of gullible people in a bull market.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Sovereign_Mind"> /u/Sovereign_Mind </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mmj0zg/psa_massive_red_flags_with_acala_polkadot_project/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mmj0zg/psa_massive_red_flags_with_acala_polkadot_project/">[comments]</a></span>Kind Regards R