IronX Concerns

This project is looking more and more like a scam.

  1. IronX used some third party exchange software and trying to modify it. (Not confirmed by me) The exchange quality feels shitty, in comparison to modern exchanges like Binance/Liquid. And this is with 26 000 000 $ raised and 1.5 years of development.
  2. They restrict trading on IRX token, so it is only possible to put sell 10’000 IRX and at 0.42$ or higher price. Of cause nobody buying this token.
  3. The real price of IRX token is 0.005$ on permissionless DEX (https://forkdelta.app/#!/trade/0xf28463c616bd7b14287b0a4a950d35324f2d7280-ETH) it means ICO investors lost 99.988% or pretty much everything.
  4. They are censoring people in the telegram. Admins are always replying with “we will pass it to the team,” naturally nobody from the team is available for comments or AMA, so investors spread the word on bitcointalk and other forums. Just google: “ironx scam”.

I’m writing all this because I invested in pre-ICO and received zero feedback from IronX team. I’m surprised how Cardano co-founders were endorsing such a shitty project. It also raises my concerns about Cardano…

They removed the team from a website. But here’s the full project team and advisors:

Executive team:
Markos A. Kashiouris (Founder & Chairman),
Dimitris Hatzis (Chief Executive Officer),
Stefanos Kashiouris (Chief Risk & Exchange Officer),
Loukia Kanarini (Chief Legal & Compliance Officer),
Elena Panagiotou (VP Marketing),
Stella Ermogenidou (VP Human Resources),
Socrates I. Socratous (Chief Technology Officer),
Marios Stylianou (Chief Security Officer),

Advisors:
Kenji Sasaki (Cardano Co-Founder) ,
Alex Hayashi (Ex EmurgoHK CEO),

Andrew Raikes Hargreaves,
Hillik Nissani,
Ophir Gertner,
Tal Cohen,
Paolo Tasca,
Nicolas T. Courtois,
Theodosis Mourouzis,
Shamyl Malik,
Yoon Heuiseon,
Krishan Rattan,
Ivan Didur,
Kunal Nandwani,
Neoklis Nicolaou,
Gal Ron

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