Xsearch [Scam Alert] ICO (XSE)

Blockchain based research and online advertising platform

SCAM Alert!
The biggest warning sign that this is a scam is the ICO’s supposed business owner. The person
presented as the owner, Valnea Skansi, has specifically written on her Linkedin page that she has no
current or past affiliations with Xsearch.io
.
Moreover, none of the other team members have listed the
ICO listed as a place of work on their LinkedIn pages nor showed any relation to the ICO. Furthermore,
the ICO stated a different team in the past. It seems that this change took place due to an announcement
by their formerly stated co-founder, Lucas Schweiger. Mr. Schweiger posted in Xsearch’s Telegram a
message asking people not to invest in this ICO since it has been using his name and profile as a co-
founder of the company while he has no relation to them.

Another warning sign is the ICO's phone number. Even though its entire team is purportedly located in
both Croatia and Luxemburg, the ICO's number is Norwegian.

Also alarming is the ICO's "amount raised" bar, which presents 5423000 XSE tokens raised. The actual
amount they raised, the one found in their address tracker, is only 0.3 ETH, which is worth less than 400
XSE at best.

Xsearch is a blockchain based research system that transforms the idea of online advertising. Sellers and
users can interact directly without intermediaries via means of a decentralized network. By using the
XSEARCH system, consumers can exert control over their data and choose whether or not to reveal their
identity or personal data to advertisers when they make their search. Consumers are rewarded for
viewing the targeted promotions of advertisers.

Start Date

28 Jun, 2018

End Date

10 Aug, 2018

Xsearch [Scam Alert] Use of Token

XSE is Xsearch's native token. XSE is an Ethereum based ERC20 token. 24.5 million XSE tokens will be offered for sale via the ICO, which correspond to 83% of the total token supply. XSE tokens are used to reward users for viewing the ads of retailers.

  • Organization

    XSEARCH

  • Platform

    Ethereum

  • Coin type

    Utility Token

  • Category

    Advertising

  • Max cap

  • Max supply

    30,000,000 XSE

  • Price

    0.001

Xsearch [Scam Alert] Token Sale Stages

  • Stage
  • Start date
  • End date
  • Amount of Tokens
  • Price
  • Discount
    • Pre-ICO
    • 28 June, 2019
    • 09 July, 2019
    • 0.000776
    • Claim
    • ICO
    • 10 July, 2019
    • 10 August, 2019
    • 0.001
    • Claim

Xsearch [Scam Alert] Distribution

Xsearch [Scam Alert] Use of Proceeds

Xsearch [Scam Alert] Team Members

  • Valnea Skansi
    Valnea Skansi Business Owner, Cryptocurrency XSEARCH
  • Philippe Pierre
    Philippe Pierre Quality Assurance Analyst AELF
  • Ines Bokan
    Ines Bokan Blockchain & Cryptocurrency Specialist, Co-Founder

Xsearch [Scam Alert] Advisors

  • Mihaela Vuksic Munitic
    Mihaela Vuksic Munitic Advisor
  • Siniša Varga
    Siniša Varga Advisor
  • Sanja Hrvojević Beganović
    Sanja Hrvojević Beganović Advisor

Xsearch [Scam Alert] Past Events

  • 30 April, 2019

    Xsearch idea creation.

  • 31 May, 2019

    Service concept formation

  • 30 June, 2019

    ICO team making and XSE blockchain technology development

  • 31 August, 2019

    Xsearch first prototype

  • 31 December, 2019

    Potential service users negotiation

  • 31 December, 2019

    Official website development for ERC-20 tokensale

  • 30 June, 2019

    Live ICO! Tokensale

  • 30 June, 2019

    Live ICO! Tokensale

  • 30 September, 2019

    HitBtc and Bancor trade launch

  • 31 December, 2019

    Main project development, iOS and Android applications development

  • 30 September, 2019

    Marketing, customers count growth