The ICO behind Prodeum's crypto disappeared along with the money of all its shareholders, leaving behind a brief but eloquent message, "Penis."
This was the only message on the company's website after its creators decided to end their curious venture.
And the project itself began as one of the many ICO's (the primary offering of digital assets) on the wave of Crypto. The business model of Prodeum included a block technology that had to revolutionize the fruit and vegetable market.
This would be done with the help of Ethereum-based labels to place on agricultural produce and thus ensure that poisonous pesticides and other dangerous preparations are not used. And yes, there really were people who were tied to this idea.
According to official information published in the ICO's documents, the company is based in Lithuania. However, it was later revealed that its creators used fake names and photos, as well as LinkedIn and Twitter accounts that were later deleted.
It is not clear what financial damage is caused by fraudsters. Initial rumors spread across social networks were about $ 1 million, but it's probably a far more modest asset.
According to the Watchlist site, which provides information on various primary offers of digital assets, Prodeum has managed to collect only 19% of the target set in its ICO. But even that is too optimistic, given that the company wanted to raise 6.5 million dollars.
According to Business Insider, the actual amount raised by investors in the project amounts to just $ 11.
Meanwhile, Twitter has come up with comments from people who claim to be fraudulent. One of them claims to have earned only $ 3,000 from Prodeum and is generally disappointed.
"Friends, remember that all ICOs are cheating, thank you again!" He finished his message.
However, Prodeum's crushing failure is not limited to their express farewell message. The name of the crypto is strikingly reminiscent of the drug Prodium, which is used to treat urinary tract problems.
image source - Instagram
