A community-driven project aiming to report a multi-million dollar problem in the cryptosphere: Scams.
Scam Coin 2.0 is one of the few crypto currencies that rewards its holders in $BUSD, a crypto pegged one-to-one with the US dollar.
This feature is critical as most scammed investors remember the amount of dollars they lost and not the millions of meme tokens they were dispossessed of by scammers. Consequently, Scam Coin 2.0 gave them $BUSD to bridge the gap.
Simply by holding $SCAM tokens, users will receive a 5% reward BUSD for each transaction, which will automatically be transferred to their wallet every 60 minutes. We are giving previously scammed holders their money back!
Scam Report APp
Scam Coin 2.0 aims to improve trust in the cryptosphere by building a native ScamReport© App.
We are building a comprehensive and simple Web App to report suspected and confirmed scams in the cryptocurrency world.
The beta version of the ScamReport© app has been be launched Q4 2021.
To prevent rather than cure and protect investors, we will implement a launchpad as safe as possible with a certification system for new crypto projects through careful due diligence and investigation based on severe criteria such as:
• Doxxed team
• Portfolio transparency
• Anti rug-pull systems
• & more
Stakeholders in the cryptosphere, from project founders to investors, collectively worked together over the last decade to achieve one goal necessary to make crypto currencies a force to be reckoned with: adoption.
During the last two years alone, adoption has grown dramatically thanks to projects developing strong use-cases that were either changing the way we look at property itself, as demonstrated by the NFT phenomenon, or freeing individuals from the legacy financial system by lifting constraints on consumers through the rise of DeFi, to name a few.
However, this democratization came at a cost as many malicious individuals saw the crypto rush as an opportunity to take advantage of this revolution by betraying the core principles of blockchain:
trust and transparency.
Consequently, many scammers entered the space, most notoriously during the initial coin offerings (ICOs) wave of 2017 were more than 80% of ICOs conducted that year were identified
During our V1 we had succesfully reached a hardcap of 200 BNB in 4 hours.
a long term vision with honest and doable goals.
6 IRL friends who couldn't stand being scammed.
Have questions? We’re happy to help.