Preface:
I am only sharing my impressions, experiences and what information has been brought to my attention.
I am neither a member of the team, nor an investor or ambassador.
I quit my job as an appics Ambassador a long time ago, because I noticed how this AG acts and I did not want to be brought in connection with a ruge pool or scam. I only represent projects that deliver what they promise.
Feedback appics after 6 months:
I try to remain as far as possible factual. If I will write something from a personal point of view, I note this so that there is no misunderstanding.
As a short term Ambassador I had enough time to clearly see that the appics team ignores critical questions, bypasses them or presents them as hate speech. In fact, many questions were even open to critical discussion in a good way.
Criticized in the past were e.g. Liquid Pool, swap fees, missing limit order options. Likewise, innovations in the app, which can not be implemented until today despite a large flow of money apparently.
For months, despite announcements and promises, simple things like multiple image postings (multiple images can be uploaded in one post like on Instagram), the edit function to correct comments or to click on a specific image in the gallery without having to scroll through the entire gallery. The last function had even worked once and then again not.
Comments are not qualitatively meaningful, only a few users write more than 5 words... The Instagram schema is visibly reflected here. Most comments are something like "appics to the moon", "nice pic" or something like that. Writing longer texts is almost pointless, because only a few really read the text.
What is upvoted?
I made this test myself. For 3 months I participated in the challenges and made appics specific post, which were rewarded quite well so far.
For 3 months I didn't do any challenge and concentrated on my passion and art and supported them exclusively, which was visibly less rewarded.
Conclusion:
Who only participates in the challenges as a small user or makes appics posts has chances to be voted, but individual content in the area of art is poorly rewarded, which shows (in my opinion) that it is not about the personal passion, but about "cheering on appics".
Clarification:
Appics AG based in Switzerland insists on being seen as a decentralized Dapp, which again seems a contradiction in itself, if you take the time to read through what an AG is. Likewise, all servers in Appics are owned by the company, which in my opinion also speaks more for centralization.
https://www.investopedia.com/terms/a/ag-aktiengesellschaft.asp
https://www.investopedia.com/articles/stocks/06/bankruptcy.asp
What happened in the beta phase:
From a safe source I was told that (although the APX token was described as limited) could be mined by a user and art hacker. Thus, millions of APX tokens were generated. My source further told me that appics was fairly informed about this, whereupon the appics team set various accounts to zero. This again shows that there were technical gaps and that the keys to the accounts were not only in the personal user's hand.
Based on this information plus other existing bugs, it is obvious that such possibilities still exist for experienced hackers and it is questionable whether the users are really the owners of their keys and passwords. Or do any of you think differently?
I have simply screen-shotted the white paper from appics for you, so that you can read for yourself what it says. I also made notes on the white paper, which seems questionable. If you wanna look for it by your own, Google "appics white paper" and you will find it. I didn't found it on their website directly what is a bit weird...
Would I recommend appics?
No, a clear no!!!! Investors are currently stuck on their apx. Not only due to the bear market, but also because the fees are very high or there is no limit order on some exchanges or lack of liquidity...some investors have already jumped off in frustration which is a fact. However, appics also has enough fanboys and girls, who of course continue to believe in the business policy of the AG.
Why am I writing about this?
I see it as relevant and important to share as neutral as possible experience. If this app is really (as many already believe and claim) a ruge pool or scam, one should also call for some caution. Researching shows that for all the years Appics has been on the market, little has improved. I have had the honor of talking to many users who have been using it from the beginning and told me about it. Why appics did not move from steemit to hive is unknown so far. Why appics paused for 2 years after they left steemit is also unknown to the old users. This is not surprising since the appics team does not communicate anything properly. This seems less trustful. Also it's questionable why they pay so much money for their technology stuff but even don't have an own blockchain like hive, blurt or steemit and why they are not able to fix bugs and why liquidity was often not given... See... Too many questions.
Please get me right, some amazing users are on appics and Telos is cool neither. BUT Appics and the creators are questionable. Don't get triggered if you love appics. Just see and read my words clearly.
But please, don't believe only me. Make your own deep researches if you are interested in this blockchain project. Mostly you will find cheering posts posted by the team itself or friends of them. But look and read closely the critical feedback too. Feel free to Invest your money in this project if you are not afraid of loosing it! The project idea itself is great but the mind behind is questionable... Reminds on the story of "the crypto queen" aka onecoin.... Lmao
Please forgive me any grammar mistakes.. I wrote it freestyle now since 2 hours...
Have an amazing day
Your akida aka @TrinityArt
Check out my NFT Art here:
https://nftshowroom.com/akida/gallery
So far a real shit show.
Indeed. Sorry for the news, but the truth is what you wrote...A real shame it is. But good it that Hive exists and is a serious and kind platform. I am really happy to be here instead of joining the shitty show ;) Muuuuaaaahaaaaa. Obrigada for your feedback dear lichtblick
Nothing to worry about. Just an expensive scam for the early investors.
true that. It reminds me really on this Story of the Crypto Queen (onecoin)...only talking but not doing soo much ;) I already powerd down my few bugs and put it in Hive! Makes more sense to me. Have an amazing day. :)
just wanted to add without eding the Post:
Minting more APX was possible in the Testphase, I wrote beta Phase but the word is Testnet.
Missing options: Market order, so people which wanna have APX have to buy for the price a seller sets it, not the real value...
The rewards earned on this comment will go directly to the people sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
The Appics whitepaper is mentioned in this Tweet on their official Twitter account, but I also have not found any mention about it on their website so far.
See, good to know. It's a bit weird in my opinion that they don't have it on their own Webpage... Thanks a million for you research. Great to have open minded people around which do this. Muito obrigada my dear.
interesting thoughts @akida . Now you got me thinking..... Happy weekend hey!
Thanks, just check all by your own... Just pay caution. Hugs to ya
@akida thanks for writing this and thanks for the add. As expected the usual shillers who won't face the truth have been posted to fight back with zero facts while their puppet masters as usual remain silent.
@fycee can you tell us Appics company details please including address and details of the directors please? It's not on their website.
@nathen007 thanks for your feedback. I really appreciate it. Muito obrigada 🙏🏼💯💕
Ah, they both first have to Screenshot this comments and show in the telegram appics group to complain again. So I know them... Is this maybe helpful?
https://www.moneyhouse.ch/de/company/appics-ag-12159982631
I don't understand all but maybe it's the address....?????
But you won't find them there... They are living in Germany so my information is from others....
You know Nathen that I will fight for what I believe in and I still believe in the Team at the moment. I know you also know my judgement that I weigh things out. So I you should also hear out my stand-point as well. To answer your question, the HQ is under the Privacy tab of the website appics.com.
APPICS AG
Baarerstrasse 10
6302 Zug, Switzerland
It is actually transparently shown. They only use to do meetings on Germany because most of the Team members are all from this country.
By the way, are you still in Thailand? how's things there?
also check on linkedin! chat soon!
Also because Appics run off Steem-Engine everything we posted on Appics automatically posted on Steem. I did not even actually directly post anything on Steem itself for over a year or 2 but Hive did not understand this and still treated Appics badly because of Steem and Ned etc. Thats one reason why Appics left, there was too much controversy between the two.
Nonsense. You don't know the real reason they left. You and others have been unpaid shillers for an opaque organisation who rug pulled early investors with their disappearing act and unfulfilled promises. They change coins and chains, give timelines they never met and are generally a shower of shit.
The end product is all show and no substance and barely different to what was released 3, 4? Years ago. Wheres all the money gone from the token sales? Spent on dancing videos travel and posing.
Carry on being one of their blinkered puppets, you have zero idea what goes on, you're just enjoying your ego massaged.
Spare a thought for all the people who lost their original investments and tokens when you're counting your APX you can't sell...
Typical Hive Mind Attitude...Came on Appics just long enough to find a few issues to rag on Appics about on Hive...Let's not forget Hive didn't want to have anything to do with Appics because Appics was on Steem. Anytime I posted on Hive or shared a post from Appics on Hive I was treated like crap form the Hive Minds...This person was Trinity on Appics, and posted major long stories etc with art. Appics to begin with is a Photo or video sharing app. Not so much Story sharing. If that's how you like to post every single time, Post somewhere else. Not to mention pretty much everything said is wrong!! It was also more closer to 1 year not 2 years, total exaggeration!
Oh Karen as a investor of course you do so. I didn't said something wrong but your reaction speaks by its on... Go back to appics madam... Byebye