Cardonio Initial Coin Offering Review
OFFICIAL SCAM URL: cardonio.com
The Cardonio ICO was literally just released and it has already caused quite a big stir in the world of cryptocurrencies. This crypto initial coin offering is focused around a crypto credit card, one that can be used like a normal credit card. Apparently, you can fuel this Cardonio card with multiple different cryptocurrencies. To be quite honest, this initial coin offering is a little weird, and exactly how our profits are to be generated after investment is very unclear.
These guys claim that their cryptocurrency, an altcoin named Cardonio, or CDO for short, is not worth much yet, but will quickly gain value as the months go on. Apparently, simply investing some cash into this crypto ICO is more than enough to make us filthy rich within the next few months. The idea behind this initial coin offering is quite novel, and it actually sounds like a decent idea. However, it is only a good idea, not a good concept and it does not work at all.
The problem here is not with the idea itself, but it lies with the fact that the Cardonio ICO displays a lot of scam factors. Also, where there are no scam factors, there is just a total lack of trust, explanation, and anything else which would inspire confidence in this ICO. This initial coin offering may look real enough at first, but rest assured folks, it is most likely a scam and it is meant to steal money from innocent investors like you. We are here today doing this Cardonio scam review to provide you with fair warning about the very real danger which this ICO will put you in.
Cardonio Initial Coin Offering – A Bad Plan
Ok, so we honestly do not really want to get into the details here. Apparently, this ICO is focused around some kind of crypto credit card which can be used just like a Visa. Sure, the idea sounds good enough, but there are no facts and no evidence to back up or substantiate any of the claims made here.
Our problem here is that the Cardonio.com roadmap is nonsensical and the whitepaper is equally as bad. Sure, these crooks do a pretty good job at making everything sound legit and real enough. However, if you take a closer look at what the Cardonio whitepaper contains, you will quickly release that it is all just a bogus pile of trash. This junk initial coin offering is simply not worth the time it takes to spell out its name.
Cardonio.com – A Fake Leadership Team
The first thing that came to our attention here is that the Cardonio leadership team is totally bogus. The website displays 9 different people which range from the CEO and CTO, to the operations manager and software developer too. The problem is, as far as we can tell, that none of these people are genuine in the least.
We tried looking up each of these 9 so called leadership team members. Of course, we came up totally empty. From what we have gathered, the people we see here are just stock images taken from other websites. They have been combined with fake names in order to create these fictitious personalities.
The point here is that besides their association with this Cardonio ICO, none of these people actually exist in real life. In other words, the Cardonio.com ICO is totally anonymous and faceless, which is a telltale sign that something highly illegal is going on here. Guys, you just cannot trust any kind of cryptocurrency ICO, investment program, or trading system if you do not know whose hands your money is going to be in.
Cardonio.com ICO – Impossible Profits
Apparently, the first round of the CDO ICO started off with a token price of 2 cents. This was on August 15th. By September 15, the token value will supposedly be at 10 cents, and by January of 2019, it should have a value of $1.50. Therefore, if you invest right now, you can increase the initial investment on each and every single token by $1.48.
That is an insane profit margin and we really cannot see how this is possible at all. There is no clear explanation as to how the value is supposed to rise, especially so fast. Sure, it is said that this system will gain intrinsic value, but we highly doubt this.
Moreover, it is unclear if the CDO coin will allow for trading, what exchanges it will be available on, or anything else of importance. Heck, the idea of being able to use a crypto card to pay for everything is still a little farfetched, even with the advancements made in the world of cryptocurrencies. From what we can tell, with the Cardonio.com initial coin offering, it just is not possible to make a profit at all.
Other Disturbing Cardanio ICO Scam Factors
There are a couple of other scam factors which came to our attention in regards to this Cardonio.com ICO, so let’s talk about them real quick.
- The Cardonio company is not registered anywhere in the world. This means that it is not a legal company and cannot accept investments legally.
- The Cardonio ICO is not licensed. It does not have the proper licensing to engage in this kind of financial activity.
- The Cardonio ICO claim to be connected with VISA. This is nothing more than a lie.
Cardonio.com Review – Conclusion
Folks, with all of the evidence we have presented here, you cannot possibly trust this Cardonio initial coin offering. It is headed by a fake team, consists of a fake company, offers no real way of making a profit, and definitely never actually pays out any kind of money on your investment. This is a cryptocurrency scam, an initial coin offering scam and it would like nothing more than for you to hand over your hard earned money. You won’t ever make a profit here, so please stay away from it.
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