While we deny that some ICOs are fraud as well as condemn China for banning ICOs; we also find ourselves unknowingly promoting ICOs which are scams.

It all started when Hive account@jznsamuel published a report for @ADSactly about a new Blockchain powered social media which rewarded users for activity just like Steemit.

The new platform in question is the All In One Social Media. Our own basic research reveal that they are simply mimicking another existing app with the same name.

However, one Steemian; Hive account@cryptick did the Steem community a most amazing job of investigating the report and found conclusive evidence to suggest that the ICO was a SCAM!

Decide for yourself now

See the original post by ADSactly

See the scam alert post by @Cryptick

See the website of the scam

What do you think?

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