Cryptochrome IEO is DeFi Scam (Last update: Failed)
Business
It’s a fact that Cryptochrome.org IEO is a Scam IEO
| Etymology | Analysis |
|---|---|
| "Crypto Chrome" = Cryptocurrency + Chrome. The word chrome is a color. "CryptoChrome" are a class of flavoproteins that are sensitive to blue light. They are found in plants and animals. | Just Google "Crypto Chrome". You will encounter dozens of businesses and projects with this name. Digital currency analysis team, Twitter and Facebook trading pages, and other companies that use this name. The most famous of them is CryptoChrome.is |
Score: 6/10
| Strengths | Weaknesses | . | ||
|---|---|---|---|---|
| -Just a Simple DeFi Project for Liquidity Mining and Staking | -Plagiarized Idea -A repetitive idea without creativity -Unclear and Business Plan -False Promising -Unbelievable profits -No resume or background -No demo or MVP -Token with very low ROI | |||
| Trustworthy | Profitable | Sustainable | Stereotyped | . |
| No | No | No | Yes | |
Score: 3/10
| Whitepaper (HERE) | ||
|---|---|---|
| Strengths | Weaknesses | Multi-Languages |
| -Nothing | We do not usually analyze copied Whitepaper. This Whitepaper is a complete plagiarism of the Zerion.io You can find CryptoChrome Whitepaper HERE and Zerion White paper HERE. We also suggest you check out this BitcoinTalk topic. | No |
Also, you can check this BitcoinTalk Link to find the proof of plagiarized White Paper and more about Cryptochrome.org IEO.
Score: 2/10
There is a serious Legal loophole about CryptoChrome.org IEO.
We searched all the chambers of commerce databases. The CryptoChrome has not registered anywhere. No legal information is available.
Score: 1/10
IT Structure
| Domain | Creation Date | IP | Owner |
|---|---|---|---|
| Cryptochrome.org | 02/10/2019 | Coordinated | Protected |
| Whois | UI/UX Score | Web Hosting | Responsive |
| Checked | Normal (3/5) | GoDaddy | Yes |
| DNS Records | SSL/TLS Certificate | Connection Status | Speed Grade |
| No Error | Approved (Sectigo) | Secured | 76% |
| Multi-Languages | Server Location | Abuse & Scam | |
| Yes (2 Languages) | USA, Arizona | (CHECK HERE) | |
| Short Description | |||
| A one-page site, simple, and light that has not been completed after one year. Many links and tags do not work, no team section, no resume, no media, and no blog. It has no internal or external links and is graphically very simple and basic. | |||
| In the Media | |||
| Nothing! | |||
Score: 6/10
| ID | Start Date | Members | Content Quality |
|---|---|---|---|
| Channel Group | 12/10/2018 08/23/2020 | 1.8K 6.7K | Bad (2/5) |
| Engagement | Fake Members | Scam Report | |
| Medium (3/5) | 25% - 30% | Very Low (5/5) | |
| Short Description | |||
| CryptoChrome channel has been launched since 2018. They were initially active in the field of Crypto trade and provided daily signals. But due to audience dissatisfaction and failure, they delete all previous content and use that channel for their new project from August 2020. | |||
Score: 6/10
| ID | Start Date | Followers | Content Quality | |
|---|---|---|---|---|
| Page | 05/18/2020 | 1.2K | Bad (2/5) | |
| Engagement | Average Likes | Fake Members | Scam Report | |
| Low (2/5) | 23 | 30% - 35% | Low (4/5) | |
| Description | ||||
| Instagram page is all internet images without original content. Check out the photo below. The last two photos with a difference of 1400 likes. They have certainly used a high volume of fake likes and audiences. | ||||
Score: 5/10
Cryptochrome.org IEO does not work on specialized platforms and media (such as Reddit, Facebook, LinkedIn) where there is a possibility of two-way interaction between the project and users. Scam projects usually run in the shadows and are not interested in working in specialized media.
Score: 1/10
CryptoChrome does not work on specialized platforms and media (such as Reddit, Facebook, Medium) where there is a possibility of two-way interaction between the project and users. Scam projects usually run in the shadows and are not interested in working in specialized media.
Score: 1/10
CryptoChrome does not work on specialized platforms and media (such as Reddit, YouTube) where there is a possibility of two-way interaction between the project and users. Scam projects usually run in the shadows and are not interested in working in specialized media.
Score: 1/10
| ID | Start Date | Followers | Content Quality | |
|---|---|---|---|---|
| Page | 08/20/2020 | 4.3K | Bad (2/5) | |
| Engagement | Average Activity | Fake Members | Scam Report | |
| Medium (3/5) | 15 Likes | 1% - 5% | Very Low (5/5) | |
| Short Description | ||||
| They did a lot of ADs on Twitter and were able to attract a significant amount of audience and interaction in less than a month. Although content production is very poor and CryptoChrome does not even have a graphic designer or copywriter, Twitter is in a better condition than other social networks. | ||||
Score: 7/10
CryptoChrome does not work on specialized platforms and media (such as Reddit, Facebook, YouTube) where there is a possibility of two-way interaction between the project and users. Scam projects usually run in the shadows and are not interested in working in specialized media.
Score: 1/10
CryptoChrome does not work on specialized platforms and media (such as Reddit, Facebook, YouTube) where there is a possibility of two-way interaction between the project and users. Scam projects usually run in the shadows and are not interested in working in specialized media.
Score: 1/10
| ID | Start Date | Read Times | Comments | |
|---|---|---|---|---|
| Announcement Bounty | 08/28/2020 | 296 182 | 7 2 | |
| Content Quality | Engagement | Fake Interaction | Scam Report | |
| Bad (2/5) | Very Low (1/5) | Null | Yes (HERE) | |
| Short Description | ||||
| These topics were created by a Filipino author (Check her profile HERE). Less than 3 days after its release, people warned that it is a scam and BitcoinTalk deleted their threads. Also, you can check their Scam Accusations (Plagiarized Whitepaper) HERE Archive Announcement: HERE Archive Bounty: HERE | ||||
Score: 3/10
Technical Structure
| Token Name | Symbol | Token Type |
|---|---|---|
| CryptoChrome | CHM | Ethereum |
| Distributed Token | Remained Token | Price 1 CHM |
| 15% | 85% | $0.0182 |
| The project wallet | Uniswap Wallet | Ethereum Wallet |
| Total Received | $2,100 | 0.7 ETH |
There are two ways to buy CHM token.
- Buy directly from the site where the total number of transactions is less than 0.6 ETH.
- Add through the Uniswap. To date, $23,965 has been added to Uniswap, which after reviewing, we found out that about $21,800 liquidity added by 0xf..cb57 wallet for the pool, and $2,100 was through customers.
So, the volume of financial transactions of the project is not satisfactory at all and is too risky. There is a high risk of losing capital and made us sure that Cryptochrome.org IEO is a Scam.
Score: 6/10
| Token Allocation | Token Distribution | Total Supply | |
|---|---|---|---|
| -Private Sale: 15% -Public Liquidity Pool: 16.7% -Liquidity Mining Reward: 16.7% -Bounty Program: 2% -Marketing & Operations: 5% -Team Lockup: 10% -Staking & liquidity Rewards: 34.6% | -Airdrop & Bounty: 50,000,000 CRLC -Marketing: 300,000,000 CRLC -Private sale: 10,000,000 CRLC -ICO: 383,333,333 CRLC -IEO: 968,095,238 CRLC -Team & Advisor: 340,000,000 CRLC | 130,000,000 CHM | |
| Bounty & Airdrop | Live Price | Market Cap | Holders |
| Yes (Successful)! | $0.0138 | $0 | 412 |
Score: 5/10
Team
Another stolen DiFi business, without a specific and unique idea, no creativity and business plan. Stak your money in an Indian team and make a profit. Why does CryptoChrome think it can gain customer trust? What is so special and interesting about them? NOTHING.
Plagiarized resumes, legal loopholes, not even a well-known advisor, an amateur team (Like CaracalCoin), and a lack of ideas make us sure that Cryptochrome.org IEO is a Scam!
What reason do you have for trusting them?
We are not currently proposing any investment in this project (CryptoChrome). Even participating in the bounty campaign is a form of collaborating with them and encourage people to lose their money.
Summary
Crypto Chrome
Positive
- Simple & understandable idea.
- Light and clear site.
- Easy to use on Uniswap.
- Verified team (But amateur).
Negative
- Legal Loopholes.
- Duplicate & stereotyped DeFi idea.
- Plagiarized Whitepaper.
- No business plan & roadmap.
- No financial structure & revenue model.
- Poor in social media.
- An amateur team.
- No consultant or advisor.
- Red flag posts & scam alert on Bitcointalk.
- Low financial transaction & token distribution.
1 comment
Comments are closed.