Royal Kingdom Coin (RKC) a scam!

in #cryptocurrency7 years ago (edited)

Royal Kingdom Coin a cryptocurrency with all the characteristics of fraud

As in my previous article I brought out a few facts, these were, as one might have expected, been denied by crooks, stubbornly and aggressively. Instead of observing any professionalism, as one might expect from a company.

Instead that the company, or Serge, reacts in substance to the allegations, these allegations and facts are only dismissed as a forged and false.

Update: First everything was denied and dismissed as counterfeit Telegram conversations, and screens, now it is used as a substantiation in a response from Serge or Royal Kingdom Enterprise as support, that everything should be viewed in a different context.

Profit sharing or dividend distribution and all projects at a glance

Royal Kingdom Coin, promises their investors to start paying dividends from the beginning of 2018. The plan is to buy out the sell profit, buy sell orders, and distribute these purchased sell orders to the shareholders.
It sounds like a great plan and with some 2.7 million circulating supply, this can quickly increase in value you would think ... Unfortunately, this objective is in no way feasible, since they do not give openness and can not substantiate what these profit from corporate earnings deserves further explanation, substantiation or prognosis does not matter.

For example, Palmex, developed by Royal Kingdom Enterprise, is a developed exchange for Dubai Coin (DBIX). This would be an exchange from which RKC would earn its earnings, it was said that 20% of all fees. In reality, at the moment no fee is earned, because the transactions are free at the moment, this would change in the near future, according to Serge Uvarov.

What I wonder then is what the estimated number of users would be and how much the estimated revenue could be and whether this can be calculated as profit at all? Serge replied to this question that this question should be submitted to Palmex because they could not provide me with an answer. Something that as a parade horse was communicated to her community, can not be answered by the same proud Serge! At the moment what it looks like now, there is hardly any transaction to be seen and there will not be any change with the existing exchanges either. This because one prefers the established order. In short, at least from this project, no profit can be realized from the transactions.


False promises, in 2018 there is nothing!

Venturekingdom, they call it the first decentralized exchange, again no profit can be achieved from this. The daily transactions, with the current amount of transactions probably do not yield more than a few hundred dollars. And then you may still ask whether these amounts can be calculated up to the profit of this fake company.

Tomorowex, with this beta project, which has not yet been completed or put into practice at any stage, is also allowed, I do not want to repeat it, but where does the so-called profit come from, with which Royal Kingdom Coin thinks it can take part? to pump?

A business plan does not exist, it is not possible to substantiate further where this potential earnings will be paid out and the entire white paper will not be filled with substantiated substance.


Public official chat from RKC

Other screens that relate to the above

https://ibb.co/dFwnTR
https://ibb.co/b3z7TR
https://ibb.co/hsk32m
https://ibb.co/cFkgoR
https://ibb.co/fh7GNm
https://ibb.co/hsk32m
https://ibb.co/eh1nTR
https://ibb.co/fFOea6
https://ibb.co/gn1nTR

Around 82% of all coins are in the hands of Royal Kingdom Coin.

With a total of 15 million coins, only 2.7 million are in circulation, at least that is claimed. In reality, this is the total number of coins, the 12.3 million, which makes about 82% of the total amount, in the hands of the Royal Kingdom Coin itself, without having to pay for it. Without any substantiation, why they possess so much, we refer to the white paper with the statement '' The team is all-in 'and apparently they deserve it in other words.

My personal thoughts about this are that they want to dump this large amount of coins at the moment they see a possibility in this.

The team of Brazillian actors, a Russian, and two Arabs.

If you can believe Royal Kingdom Coin, this Dubaise coin is a game changer in the Crypto Currency world, although the team mainly consists of Brazillians, this coin has little to do with Dubai itself. The whole construction of the team, as well as the substantiation that it would be a decentralized team spread all over the world, creates dubious questions.

Since certain information may not be distributed from some sites, because this is contrary to the right to privacy, unfortunately I can not share certain photos and screens, these are available.
From a little research through social media, the Brazillians turn out to be a group of friends in Brazil, these people are actually working elsewhere than Royal Kingdom Enterprise believes. If you search their Facebook accounts pretty much, they are more concerned with social media and there is little agreement with the information on Royal Kingdom Enterprise itself. Similarly, many LinkedIn profile profiles have only recently been created. On the basis of the available information and observations, this project rather resembles Brazillian actors, than of a truly experienced team, as Suelen Soerient, who has only been appointed since 2015, is Adriana, according to her facebook profile, a lawyer.

So the people seem to see it really, but the team as it is presented with their expertise is staged. For example, an article was recently written about the team, which all had to imply that they were joking in a skyscraper, this was shown in the picture by a selfie.
What was not mentioned is that in reality they were just sitting together at a table in Brazil at the Bistrô Platinum in Brazil with a lunch card and with some beer, the space around them should apparently give the impression that this is about a skyscraper and office space, while in reality only lunch takes place among friends.
The image generated by all of their facebook accounts and the available information available there awakens the image that they are not who they are that they say and that some are more occupied with their own life styles than they actually expect

May we be here deal with experienced team members. Also the associated Linkedid profiles that have recently been created, the presumption all the more, that there is much wrong with this whole structure.

If you consider that in Brazil the minimum wage is around $ 279.-, it would be no strange thoughts to think that this group of friends would like to earn some extra to do as they are presented. With regard to Abu Sulayman Saleh CEO of RKE and Serge Uvarov CTO, little information is available about their background, nowhere is it clear or can be confirmed that these people are real, who they are.

Does the office exist, which RKC says is located in Dubai?

No, there is no address company located at this address with the name Royal Kingdom Enterprise.

The real company at this address is: Best Business Setup Consultants. It is also not possible for investors to visit the office, and it appears from sources Dubai there that there is no office at that address of RKE and that there is no Ms. Rania is working on that address.


Fake office address


Business Setup Consultants

What about the offshore company certificate?

Royal Kingdom Enterprise Unlimited claims to have its headquarters in Dubai. The address they provide is Jumeirah Business Center Tower 1 Suite 2508, Level 25 Royal Kingdom Unlimited began its pre-launch in Augustus 2017.

I was unable to find Royal Kingdom Coin Unlimited listed as a registered company in Dubai. Their registration number ICC20170182 returned not found. It turns out they are registered as a company in Ras Al Khaimah. Ras Al Khaimah is a common place for offshore companies to register a company in the UAE. There is no way to know where Royal Kingdom Enterprise Unlimited is actually located at with this type of offshore company registration.


On the left the certificate from RKE, on the right an original example certificate from the internet.

Conclusion

Both the misleading name of the project, as well as the structure of the team and the project, it can be said that there is certainly a lot of mystery about this. The information available on facebook indicates that the team, as proposed on Royalkingdomenterprise.com, is not in line with reality. The proposed team members are focusing more on enjoying their daily life, than spending time focusing on their new company which needs structure and a good businessplan to deliver profibility early 2018, as they keep promissing to their investors.

With regard to the projects and in particular Palmex, which was introduced as a parade horse as a project, there is no prognosis or calculation of the possible earnings for RKC. Serge, indicates that 20% per cent of all fees can be considered as profit for the Royal Kingdom Enterprise company. On the basis of the facts, namely the number of transactions per day, it is still questionable whether this can be regarded as profit in the near future, since no fees are charged on these fees. All in all, Royal Kingdom Coin, or Serge, can not in any way substantiate what business income would consist of. The fact that some pump can be expected in the near future seems illogical and unrealistic.
With a team of Brazilian actors, who will close their accounts or change information after this article, this project is shadowy and dubious on all fronts.

After, many questions started to play on me, where no answers came to it, or where it was revolved, I knew after research, that this project with a certain adjoining probably involved a scam project.

For me it is clear, right after the seizure of my coins, the threats, and the blocking of my account, has just been the confirmation that this is a criminal organization, that gullible and naive investors, soon wanting to make the dupe.

My advice is again not to invest in this coin. If you have invested and want to get out, then I advise you not to criticize or wake up sleeping dogs, because before you know it your money is gone.

Update:

Response to the article of Royal Kingdom Coin

As we all know, everyone has the right to express criticism and article on unanswered questions, which are not further substantiated with facts.
For example, one may expect, entirely from a dubious company, about which certain questions remain unanswered, that there is a certain substantive reaction to this.

Instead of Royal Kingdom Coin, reacting content and arguing the facts step by step with a business plan, prognoses and a very accurately substantiated response about the accusations and questions, the company chooses a personal attack on me as a person.

As already mentioned, first all facts were denied and everything was dismissed as forgeries, then it was admitted in the underpinning of Royal Kingdom Enterprise itself, that the screen, or the threat in a different context should be considered.

With regard to the coins, they claim to just send it, while this is again lied.

They stay on the confrontation course, they measure themselves the victim role, and now sprinkle with personal data, in which they have already threatened to spread them, if I do some damage (articles) to the dubious company, which now has happened.

Article: https://medium.com/@RoyalKingdomEnterprise/statement-regarding-fud-attack-da486fb4128

A complete article without any content.

The desperate defense with accusations of scammers

In order to respond substantively to the Royal Kingdom Coin accusation that I would spam against the will of Royal Kingdom Coin, I can only say that this is hot air.

Since Royal Kingdom Coin uses the word 'spam' every time and I wonder if they understand the definition of this word, I want to refer them, or Serge, to the screen below.


If it is up to Royal Kingdom Coin, the above image and its definition are also forged

The removed article from Medium, scammers also have a right to privacy!

With regard to the article that was placed on Medium, I can say the following: Also, scammers have according to the policy of Medium right to privacy, conversations, may not be revealed without the explicit consent of the person in question. For that reason, the article has been removed.

The article can still be found on the link below:

https://bitcointalk.org/index.php?topic=2418471

Useful websites to recognize scam coins

https://mybroadband.co.za/news/security/234618-beware-of-these-common-cryptocurrency-scams.html
https://cointelegraph.com/news/fool-me-once-how-to-spot-a-cryptocurrency-scam
https://masterthecrypto.com/identifying-scam-coins
https://steemit.com/cryptocurrency/@stacking9mm/how-to-spot-pump-and-dumps-and-scam-crypto-coins
http://bitcoinchaser.com/top-5-cryptocurrency-scams
http://www.badbitcoin.org/thebadlist/index.htm - Royal Kingdom Enterprise, is registered as a scam

Facebook profile of some team members

https://www.facebook.com/adriana.r.costa.3 - Adriana Costa
https://www.facebook.com/JamiliaParris - Jamilia Parris
https://www.facebook.com/bruno.gasparin -* Bruno Gasparin*
https://www.facebook.com/suelen.sourient - Suelen Sourient, this facebook account has been completely emptied, after another spicy photo of Ms. came out.
Pic - https://ibb.co/hdtUQ6
https://www.youtube.com/user/SuelenSourient - Youtube channel has been removed

Screenshots

Screenshots of previously public facebook profiles of team members and other relevance. The team members come mainly from Brazil, Peru and other regions in Latin America, their skills do not correspond with the presentation by RKE. This information was openly available, at the time of the production of the investigation, and was therefore not obtained unlawfully.

In the meantime, some facebook profiles have been screened, emptied or removed, after the release of this article.

https://ibb.co/hdtUQ6
https://ibb.co/ky5d2m
https://ibb.co/fB2Qhm
https://ibb.co/dHvBNm
https://ibb.co/eXXEa6
https://ibb.co/eM72TR
https://ibb.co/jpUua6
https://ibb.co/bX3WNm
https://ibb.co/j3fZa6
https://ibb.co/neKhTR
https://ibb.co/bs1khm
https://ibb.co/jpUua6
https://ibb.co/nDLNTR
https://ibb.co/nbJ98R

#ROYALKINGDOMCOIN #ROYALKINGDOMENTERPRISE #VENTUREKINGDOM #TOMORROWEX #ARABIANCHAIN #PALMEX

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This asshole is a former disgruntled member of RK community. He is both evil and stupid. Read here:
https://medium.com/@RoyalKingdomEnterprise/statement-regarding-fud-attack-da486fb4128

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