Originally published: https://medium.com/@shitcoinofferin/travelflex-ico-the-perfect-shitassist-2b81ec3e7eea
TravelFlex is a cryptocurrency on DAG. Founders promise that they’re gonna reach the speed of 10 000 transaction per second. Besides they plan to issue their own plastic credit cards, which you can use to pay with their currency. Also they want to have Near Field Communication like Foursquare and an ultra protected chat between the owners of their wallets.
They had a sale last winter. They got $10 million out of the 20 that they’ve wanted. The token’s price was set at $0,28. As of today the capitalization of the company is $1 million and tokens price is $0,01.
Why did this happen?
First of all, take a look at the exchanges that listed the TRF token after almost a year after the ICO.
To understand just how cool BTC-Alpha is all you need to do is look at the most traded coins. These are shitcoins like Revain, and God forbid, Ubex.
If TRF is the “new bitcoin”, then why isn’t it listed on something like Binance?
Maybe because they’re not following their Road Map? No big exchanges, no card emission, no strategic partnerships.
Let me take that back. There’s a ton of partnerships. A whole 521 error :)
Or is the problem in the CEO of TravelFlex Peter Hoogslag, who invested the companies tokens into the Cryptassist scam? The held an ICO for $14 million. For about a month they’ve been unsuccessfully trying to get their shitcoin listed somewhere. They killed their Telegram chat, because there was a lot of promises and unsatisfied people. The also promised to make a crypto Visa, even thought the company announced recently that starting from December, you won’t be able to use it to buy even crypto.
Good job. But what more could you expect from a startup whose advisers are Jason Hung (USAT, DateCoin), Simon Cocking (Twogap, Bonafi, Bitindia) and Naviin Kapoor (Swiss Alps Mining)?
It’s time for a collective opinion:
My opinion? Sell these tokens, if you’ve got them. A project, the CEO of which is supporting another scam-project, must be destroyed. In about 50 years we will use this case to tell a bedtime horror story to our kids :)