Get Rich Quick - Step-by-Step

Contents

• Step 1: Sell hot air. How?
• Step 2: Pump up your tokens. How?
• Step 3: Revolutionize the World. How?

The Secrets of Free Easy Money - From Zero to Twenty Million in Three Weeks - 500 000+% Return on Investment (ROI) - Hot Air Token Sales - HODL! HODL! HODL! - To the Moon - To the Beach

– Savedroid Founder & CEO, PhD, Co-Host FinTech Frankfurt/Main (FFM), Former McKinsey & Company Banking Consultant

Step 1: Sell hot air. How?

Package up the hot air in billions of tokens! Find a symbol and a name - lets say HERO and Herocoin - and how many decimals and you’re in business!

What is a hot air “platform” app token on the blockchain?

The token has:

• No utility.
• No legal rights / claims. Example:

Let’s quote the fineprint from the “Legal FAQ” from a “standard” token sale:

HERO - in whatever form – do NOT represent a claim on or against Byte Heroes, Inc. Byte Heroes, Inc. may decide NOT to exchange HEROs - in whatever form - at ANY time at their sole discretion. [Thanks for the free money and holding the bag!]

– Source: Hero Legal FAQ

• No value.

It’s all “speculative”, that is, hot air. Find greater fools to sell your tokens. How?

Step 2: Pump up your tokens. How?

Setup and run a “bounty” program. Give away Free tokens! Free tokens! Free tokens! Free money! Free money! Free money! to everyone for spreading the word, that is, pumping your tokens, by sharing, posting, uploading, joining channels & commenting in Facebook, Twitter, LinkedIn, YouTube, Personal Blog, Reddit, Bitcoin Talk, …

Example Bounty Program:

Hero Token is starting their Official Bounty Program in order to reward supporters, and it has the biggest Bounty Pools to be awarded ever!

The Program will run until the end of the token sales / initial coin offering (ICO).

A total of 2% Hero Tokens from the Total Supply of Hero Tokens are reserved for the Bounty Campaigns. If the hard cap is reached, that amounts to 1.25M Hero Tokens ( 6250 ETH or $1.875M at a price of 300$/ETH ).

Total Bounty Pool will be divided As Follows:

• 5% Facebook Campaign
• 5% Twitter Campaign
• 5% Reddit Campaign
• 5% Slack/Telegram Campaign
• 5% Creative Campaign (Artwork and Videos)
• 5% Bug Hunt and Creative Development
• 15% Articles, Reviews, Publications
• 15% Translation Campaign
• 30% Exclusive Support
• 10% Signature Campaign

Facebook Campaign

Post about HERO and earn coins. Posts on Facebook must contain ALL of the following hashtags: #HERO #ICO #ethereum

Rules

• Account must be at least 3 months old
• You must have liked facebook.com/BE-A-HERO
• Only posts containing all of the above hashtags qualify
• You can qualify for this bounty with a minimum of 5 posts
• You can qualify for this bounty with a maximum of 1 post per day
• To be eligible for reward every participant must post in the Bounty thread links to his posts till every Friday 23:59 UTC

REWARDS:

• >1.000.000 Followers/friends = 10000 HERO tokens
• >500.000 Followers/friends = 5000 HERO tokens
• >100.000 Followers/friends = 1500 HERO tokens
• >50.000 Followers/friends = 750 HERO tokens
• >10.000 Followers/friends = 250 HERO tokens
• >1.000 Followers/friends = 50 HERO tokens
• >500 Followers = 25 HERO tokens
• >100 Followers = 10 HERO tokens

FACEBOOK LIKE

Like us on Facebook

Rules

• Your account must have >100 friends
• Your account must be at least 3 months old

REWARDS:

• Facebook Account Like = 50 HERO

Twitter Campaign

Tweets on twitter must contain ALL of the following hashtags: #HERO #ICO #ethereum

Rules

• Account must be at least 3 months old
• Only Tweets containing all of the above hashtags qualify
• You must be following twitter.com/BE-A-HERO
• You can qualify for this bounty with a maximum of 60 (re-)tweets
• You can qualify for this bounty with a maximum of 10 (re-)tweets per week
• Retweets must be retweeted from the official @BE-A-HERO channel
• To be eligible for reward every participant must post in the Bounty thread links to his (re-)tweets till every Friday 23:59 UTC.

REWARDS:

TWEET

• >1.000.000 Followers: 20000 HERO tokens = €400
• >500.000 Followers: 10000 HERO tokens = €200
• >100.000 Followers: 4000 HERO tokens = €70
• >50.000 Followers: 2000 HERO tokens = €40
• >10.000 Followers: 1000 HERO tokens = €20
• >1.000 Followers: 400 HERO tokens = €7
• >500 Followers: 200 HERO tokens = €4
• >100 Followers: 40 HERO tokens = €0.8

RETWEET

• >1.000.000 Followers: 10000 HERO tokens = €200
• >500.000 Followers: 5000 HERO tokens = €100
• >100.000 Followers: 2000 HERO tokens = €40
• >50.000 Followers: 1000 HERO tokens = €20
• >10.000 Followers: 400 HERO tokens = €8
• >1.000 Followers: 200 HERO tokens = €4
• >500 Followers: 100 HERO tokens = €2
• >100 Followers: 20 HERO tokens = €0.4

TWITTER FOLLOW

Follow us on Twitter to earn your coins

Rules

• Your account must have >100 friends
• Your account must be at least 3 months old

REWARDS:

• Twitter Follow = 50 HERO tokens

and on and on and on

Step 3: Revolutionize the World. How?

Get inspired by / copy / clone hot air (no value) “platform” app token ideas from the real world. Think big! bigger! biggest! Think next internet! Next printing press! Next alphabet!

Revolutionize E-Sports / Betting

Revolutionize Tourism / Ticketing

Revolutionize Crowdfunding

Revolutionize Investing / Saving

Revolutionize Business-to-Business (B2B) Commerce / Trade

Revolutionize Token Exchanges / Trades

Revolutionize Philosopher’s Stone / Alchemy

Background - Questions & Answers

Contents

• Q: How do Bitcoins differ from "Platform" Hot Air app tokens? 20-Year-Lottery vs Get-Rich-Quick-Cash-Grab-Token-Sales
• Q: What's an Initial Coin Offering (ICO) / Token Sales?
• Q: What's a Token Sale Scam?
• Q: How can you say that these "Platform" Token Sales are Scams? Have you read the white paper? Have you seen all these serious honest businessmen, the management team and all advisors and more than dozens of happy faces in the brochure?

Q: How do Bitcoins differ from “Platform” Hot Air app tokens? 20-Year-Lottery vs Get-Rich-Quick-Cash-Grab-Token-Sales

Crypto Currency (Bitcoin Accepted Here) vs App “Platform” Tokens

Bitcoins get “mined” with every new block every ten minutes. You CANNOT buy newly minted bitcoins. The bitcoin “lottery” gives away FREE bitcoins to the lucky winner / number every ten minutes with every block added for the next TWENTY YEARS.

Why a lottery? A random (secure) lottery - using the famous proof-of-work hashing crypto “puzzle” - is the fairest distribution between all network nodes / peers / players.

vs

App tokens do NOT get mined. You can create / mint as many tokens as you like! Just punch / type in a number - lets say two billion. Sell off 30% in an “initial coin offering” (ICO) / token sales to greater fools in a free money get-rich-quick cash grab running for lets say two or three weeks and keep the rest “in reserve” for yourself.

It’s that easy and with the ready-to-use/ready-to-run Ethereum blockchain / network you’re off in ten minutes!

Free easy money! Buyer beware! Do NOT get scammed by the promise of returns of 50 000% on your “investment” and the fear of missing out (FOMO) on the next bitcoin.

What Trolly McTrollface says to “ICOs are like Bitcoin / BTC”:

Q: What’s an Initial Coin Offering (ICO) / Token Sales?

Read the free excerpt titled ICOs: Magic Beans and Bubble Machines from the book Attack of the 50 Foot Blockchain by David Gerard.

Token offerings have been around a while, but kicked off enormously in the second bubble. The usual pretext is crowdfunding, but in practice the tokens are just traded on the exchanges as commodities. The creators then cash in. The value proposition for buyers is, as for the creators, easy money in a bubble.

– David Gerard (Attack of the 50 Foot Blockchain / ICOs: Magic Beans and Bubble Machines)

Q: What’s a Token Sale Scam?

A: If you buy these digital tokens (on the blockchain) giving free money as a donation / gift to a company to revolutionize the world one block at a time than everything is ok.

If you buy these digital token (on the blockchain) trying to get rich (quick) by selling them at a higher price to a greater fool than - surprise, surprise - you’re getting scammed.

Let’s quote the fineprint from the “Legal FAQ” from a “standard” token sale:

HERO - in whatever form – do NOT represent a claim on or against Byte Heroes, Inc. Byte Heroes, Inc. may decide NOT to exchange HEROs - in whatever form - at ANY time at their sole discretion. [Thanks for the free money and holding the bag!]

– Source: Hero Legal FAQ

The point is … you own binary bits (on the blockchain) and the value is … excactly zero. You say? Wait, but the token value is not (yet) excactly zero. HODL! HODL! How much richer are you today?

Ask yourself why should the company work hard, hard, hard to make you rich, rich, rich when - surprise, surprise - the company already collected all the free money from greater fools and - surprise, surprise - you have zero legal claim to anything. Welcome to the world of business! Buyer beware!

Q: How can you say that these “Platform” Token Sales are Scams? Have you read the white paper? Have you seen all these serious honest businessmen, the management team and all advisors and more than dozens of happy faces in the brochure?

A: Money! Money! Money! Breaking news: Free easy money corrupts.

Breaking news: Building a “platform” to revolutionize the online betting market, tourism, token trading, …
you need to work, work, work hard and - surprise, surprise - you need code monkeys (programmers). Clicky, clicky, clicky and putting on a great dazzling marketing show is NOT good enough.

Ask these companies and happy faces where’s the code, code, code?

Remember: Like secure cryptographic algorithms are by definition open - in the 21st century you can by definition only build open decentralized platforms with open (source) code.

Ask these companies where are the daily check-ins, check-ins, check-ins? Where are the daily commits, commits, commits? (†)

Remember: Running (working) code wins.

Without open (source) code for all to see the white paper promises are just dreams or let’s name it straight - big lies and cash grab scams. Thanks for the free money and hodling the bag!

Fast Exit Case Studies

Contents

• Savedroid (SVD) - $50m - Thanks Guys! Over and Out ... Next Stop the Mediterranean Sea / Beach

Savedroid (SVD) - $50m - Thanks Guys! Over and Out … Next Stop the Mediterranean Sea / Beach

Savedroid Corp., Frankfurt/Main, Germany

Cryptocurrencies for Everyone - Now! Give Power to the People. Join the Revolution!

Q: Savedroid Initial Coin Offering (ICO): What the tokens will be used for?

A key question that everyone should ask before buying into an ICO is: what will the tokens be used for? In the case of savedroid, the token will become the key payment in the new crypto ecosystem of the company -  and therefore has good chances to show a strong performance if savedroid’s crypto simplification strategy works:

The savedroid token (SVD) is a utility token and will be used to purchase the crypto services within the savedroid ecosystem. Users of savedroid’s automated crypto saving and investing will have to use the savedroid token to pay the fees of these crypto services. It has a built-in deflation mechanism to support its future value. Users can buy or sell the SVD in supported token exchanges.

Self-Learning Secret-Sauce Artificial Intelligence (AI) Black-Box - Magic Savedroid (SVD) Gold Mine Bullshit - Scam Alert! Scam Alert! Scam Alert!

2022 – Self-learning AI algorithm enabling world peace / paradise providing free easy money for everyone

2024 – Self-learning AI algorithm enabling singularity. Machines scam the mere mortal human dummies and run off with the free easy money. Your savings are gone

Within savedroid’s unique [self-learning secret-sauce black-box] artificial intelligence (AI) fueled ecosystem, users will profit from convenient crypto saving plans and superior crypto investment opportunities, such as portfolios, derivatives, and ICOs. savedroid will conveniently auto-convert savings to cryptocurrencies, securely store them, and make them easily accessible, tradeable, and spendable. We will offer all of these crypto services for a reasonable fee in savedroid (SVD) tokens.

When a user takes his savedroid tokens to pay for a crypto service, we collect his savedroid tokens and automatically burn a percentage of these tokens. Thus, the number of available savedroid tokens will decrease over time. The bottom line is that this will support the future value of the savedroid token.

In other words, a percentage of the savedroid crypto service fees will automatically be removed from the pool of available SVDs by every single purchase. Thus, the more the savedroid ecosystem is used, the further the supply of SVD will decrease.

So, eventually, our user growth will drive an increasing demand for savedroid tokens on the one hand and, at the same time, a decreasing supply of savedroid tokens on the other hand. Hence, the value of the savedroid token depends, among other factors, on our future user growth of greater fools [Thanks for the free money and HODLing the bag!].

(Source: Official Savedroid ICO News - What the tokens will be used for, February 6th, 2018)

(Source: ico.savedroid.com Website, April 17th, 2018)

We are part of Deutsche Börse’s FinTech Hub and Venture Network and collaborate with various prestigious Business-to-Business (B2B) partners. In fact, savedroid is the first initial coin offering (ICO) of a German stock corporation that follows German legislation and regulation to provide participants with the highest level of security.

– Savedroid Founder & CEO, PhD, Co-Host FinTech Frankfurt/Main (FFM), Former McKinsey & Company Banking Consultant

(Source: ico.savedroid.com Website, April 18th, 2018)

The founders of cryptocurrency startup Savedroid appear to have exit-scammed investors following the conclusion of its initial coin offering (ICO).

On Wednesday, the website for the German company unexpectedly went offline and has since been replaced by a single image - the “Aannd It’s Gone” meme, which first originated on South Park.

And in case investors still did not get the message, Yassin Hankir, the project’s founder and CEO, published a Twitter post that showed him in an airport and later on a beach, holding a beer.

“Thanks guys! Over and out.. #savedroidICO” he wrote.

– ICO News, Over and Out: $50 Million Savedroid ICO Makes Apparent Exit Scam, April 18th, 2018

The CEO on their twitter feed posted this several times ‘contribute now to participate in our #Airdrop and become a #Crypto Millionaire.’ Not about technology, its all about GIVE US MONEY AND WE WILL MAKE YOU A MILLIONAIRE. Anyone who fell for this despite all the warning signs can blame no one but themselves.

– TechCrunch News, Another day, another $50 million ICO exit scam, April 18th, 2018

Awesome Initial Coin Offerings (ICO) Truths - The Art of the Steal - The Scammers' Big Lies

Contents

• Big Lie #1 - ICO tokens are like bitcoins
• Big Lie #2 - ICOs are like IPOs
• Big Lie #3 - ICO token go to the moon (like bitcoin)! Once-In-A-Lifetime Return-on-Investment (ROI) 50 000%
• Big Lie #4 - ICO White Papers and Roadmaps with Milestones are like "Due Diligence" Investor Prospectus
• Big Lie #5 - ICO are endorsed by serious honest successful businessmen/women "advisors" (and A-B-C-celebrities) - Think-Yourself-Rich-Like-Us - Be a Winner
• Big Lie #6 - ICO tokens are decentralized like bitcoins
• More

The Art of the Steal - The Scammers’ Big Lies

Big Lie #1 - ICO tokens are like bitcoins

Bitcoins get “mined” with every new block every ten minutes. You CANNOT buy newly minted bitcoins. The bitcoin “lottery” gives away FREE bitcoins to the lucky winner / number every ten minutes with every block added for the next TWENTY YEARS.

Why a lottery? A random (secure) lottery - using the famous proof-of-work hashing crypto “puzzle” - is the fairest distribution between all network nodes / peers / players.

vs

App tokens do NOT get mined. You can create / mint as many tokens as you like! Just punch / type in a number - lets say two billion. Sell off 30% in an “initial coin offering” (ICO) / token sales to greater fools in a free money get-rich-quick cash grab running for lets say two or three weeks and keep the rest “in reserve” for yourself.

It’s that easy and with the ready-to-use/ready-to-run Ethereum blockchain / network you’re off in ten minutes!

Free easy money! Buyer beware! Do NOT get scammed by the promise of returns of 50 000% on your “investment” and the fear of missing out (FOMO) on the next bitcoin.

What Trolly McTrollface says to “ICOs are like Bitcoin / BTC”:

Big Lie #2 - ICOs are like IPOs

Initial Coin Offerings are nothing like Initial Public Offerings (IPOs). In an IPO a company goes public on a stock exchange selling shares - usually it’s a great way for (well-connected and rich) insiders to get-rich-quick.

ICOS suggest that now the small fish / fry can get-rich-quick too. Everyone can buy ICO token with the illusion to get-rich-quick.

Why are ICOs scams?

If you buy these digital tokens (on the blockchain) giving free money as a donation / gift to a company to revolutionize the world one block at a time than everything is ok.

If you buy these digital token (on the blockchain) trying to get rich (quick) by selling them at a higher price to a greater fool than - surprise, surprise - you’re getting scammed.

Let’s quote the fineprint from the “Legal FAQ” from a “standard” token sale:

HERO - in whatever form – do NOT represent a claim on or against Byte Heroes, Inc. Byte Heroes, Inc. may decide NOT to exchange HEROs - in whatever form - at ANY time at their sole discretion. [Thanks for the free money and holding the bag!]

– Source: Hero Legal FAQ

The point is … you own binary bits (on the blockchain) and the value is … excactly zero. You say? Wait, but the token value is not (yet) excactly zero. HODL! HODL! How much richer are you today?

Ask yourself why should the company work hard, hard, hard to make you rich, rich, rich when - surprise, surprise - the company already collected all the free money from greater fools and - surprise, surprise - you have zero legal claim to anything. Welcome to the world of business! Buyer beware!

Big Lie #3 - ICO token go to the moon (like bitcoin)! Once-In-A-Lifetime Return-on-Investment (ROI) 50 000%

Making 50 000% Returns on ICO “Investments” - Possible? Spoiler: No. It’s bullshit / a scam.

Buyer beware! If it sounds too good to be true, - surprise, surprise - it is. The Future is Bright! Free Easy Money Bullshit (BS) Example - Early Investors are making 50 000% returns on ICOs by Coin and Crypto.

Early investment is paying off big time

The average return on the S&P is 10%. Over the last year bitcoin has seen unprecedented returns of 1000%. But savvy cryptocurrency investors are investing in initial coin offerings (ICOs) and making return on investments (ROIs) as high as 50 000%. Stop and think about that for a moment. That means for a $100 investment in early 2017 you could have netted $50 000. Not too shabby for a year of trading.

[..]

The majority of startups fail, even well funded ones, so be prepared to lose [all] what you invest [gamble], even if the landscape is optimistic. [To the moon! Thanks for your money and hodling the bag!]

From the Savedroid White Paper:

Big Lie #4 - ICO White Papers and Roadmaps with Milestones are like “Due Diligence” Investor Prospectus

ICO White Papers are fiction. Wishful thinking.

Revolutionize Crowdfund / Savings / E-Sports Betting / Tourism / Business-to-Business (B2B) Commerce and on and on and last but not least Philosopher’s Stone / Alchemy. Yeah, sure.

Milestones, Milestones, Milestones

From the Savedroid White Paper:

Self-Learning Secret-Sauce Artificial Intelligence (AI) Black-Box - Magic Savedroid (SVD) Gold Mine Bullshit - Scam Alert! Scam Alert! Scam Alert!

2022 – Self-learning AI algorithm enabling world peace / paradise providing free easy money for everyone

2024 – Self-learning AI algorithm enabling singularity. Machines scam the mere mortal human dummies and run off with the free easy money. Your savings are gone

Big Lie #5 - ICO are endorsed by serious honest successful businessmen/women “advisors” (and A-B-C-celebrities) - Think-Yourself-Rich-Like-Us - Be a Winner

These serious honest succesful businessmen/women “advisors” (and A-B-C-celebrities) are smiling on the promotion brochure (white paper) because the get paid big time without (shame on you!) disclosing that they are paid shills. A usual endorsement “fee” or gift is about $50 000 or $100 000 or more. Free easy money.

We set-up a system [free token “bounty” ICO pumping program] where our community members & investors were rewarded [free tokens! free tokens! free tokens!] for spreading the word [pumping the ICO] by sharing, posting, uploading, joining channels & commenting [in Facebook, Twitter, LinkedIn, YouTube, Personal Blog, Reddit, Bitcoin Talk, …]. The most common questions here were: “Where do I have to report [to get my free tokens, free money]?”, “How much [free tokens, free money] do I get?”, “Where do I see how much I already get?” and especially “when are the bounties [free tokens, free money] distributed?”.

Source: Community Management during an ICO, Official Hero Coin Blog, October 2017

Q: How can you say that these “Platform” Token Sales are Scams? Have you read the white paper? Have you seen all these serious honest businessmen/women, the management team and all advisors and more than dozens of happy faces in the brochure?

A: Money! Money! Money! Breaking news: Free easy money corrupts.

Breaking news: Building a “platform” to revolutionize the online betting market, tourism, token trading, …
you need to work, work, work hard and - surprise, surprise - you need code monkeys (programmers). Clicky, clicky, clicky and putting on a great dazzling marketing show is NOT good enough.

Ask these companies and happy faces where’s the code, code, code?

Remember: Like secure cryptographic algorithms are by definition open - in the 21st century you can by definition only build open decentralized platforms with open (source) code.

Ask these companies where are the daily check-ins, check-ins, check-ins? Where are the daily commits, commits, commits? (†)

Remember: Running (working) code wins.

Without open (source) code for all to see the white paper promises are just dreams or let’s name it straight - big lies and cash grab scams. Thanks for the free money and hodling the bag!

Big Lie #6 - ICO tokens are decentralized like bitcoins

ICO tokens are centralized tokens managed by a single company on the Ethereum blockchain. It takes five / twenty / ninety minute to issue / print your own tokens on the Ethereum blockchain using the Token #20 standard. To create your very own token in five minutes you need four pieces:

	Example
1. Name of the token	Your Krypto Token
2. Token symbol (like a stock ticker)	YOU
3. Token decimal places (making the token divisible)	2
4. Total number of tokens in circulation	2 100 000 000

That’s it. See the Aweomse (Get-Rich-Quick) Tokens page for more.

Note: Usually (only) about 30% of the tokens get sold and - surprise, surprise - the company keeps the rest (70%) in reserve to “manage” the token supply. Always ready to sell more tokens to greater fools and collect more free money or hand out more freebies (to “inflate” the economy) or to pump up the price “burning / using up” some token to deflate the economy. A free token market certified by Austrian school economics. Yeah, sure.

More

Fiction, Fiction, Fiction

See the Blockchain White Paper collection or the Made in Austria edition.

Disclaimer - Please Think For Yourself

Short version: Please think for yourself.

Long version: Nothing contained on these pages is, or should be construed as providing or offering, investment, legal, accounting, tax or other advice. Do not act on any opinion expressed here without consulting a qualified professional. Note: The writers do not hold a position in any crypto tokens or crypto currency or blockchain company.

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New to Crypto Currencies and Crypto Tokens?

See the Last Week Tonight with John Oliver (HBO) Video on Crypto Currencies @ YouTube (30min).

Digital currencies and “platform” app tokens are generating a lot of get-rich-quick excitement. John Oliver enlists Keegan-Michael Key to get potential investors equally excited about the concept of caution. Buyer beware!