Shiba Watch $SHIBAW KYC Verification has been terminated.
1-On November 12, 2021, there was a sale of 40 BNB. When we discussed this issue with the project owner, his response was:
The project owner claimed that he was defrauded. He trusted the person who introduced him as a CEX representative and sent the funds. The scammer, on the other hand, sold the tokens sent to him for CEX listing (40 BNB).
2-In order to meet with a CEX, a project owner must contact that company’s website. It makes no sense to trust an account on Telegram and send 40 BNB.
3-We demanded compensation from the project owner for the losses of the investors.
4-The project owner accepted this request. and added 28 BNB to the liquidity pool (https://bscscan.com/tx/0x6ea5034d2ae3e68c492ed27d9546aba402d15da5af05093013727402edb44021). -A good amount, though not quite the loss.
5-Therefore, the rug pull process was not applied to the project owner.
6-The project was transferred to another person. Because of this, the Shiba Watch no longer has our KYC verification.
Our top priority is to protect investors. We do our best to ensure this. Please remember, no presale is completely safe. Even if it is safe, it may not be profitable.
We continue to work to make our KYC process more secure. We will continue to share developments in this regard with you.
As idopresales.com team, we have conducted a KYC process with the Shiba Watch team members.
Shiba Watch team members have passed KYC verification process.
Project Name: Shiba Watch
Network: BSC (Binance Smart Chain)
Presale address: PinkSale
For presale details, you should join the Shiba Watch Telegram group.
What is KYC Service?
During the KYC process, the identities of the team members and their connection to the project were determined.
Team members provided important documents for these determinations.
What does it mean?
KYC mainly aims to protect investors against scam-rug pull.
If team members scam people:
- We will file a criminal complaint against them in the country they are in with the documents they provide to us.
- We will reveal their identities.
To investors: If you think a project that has passed our KYC process is a scam or rug pull, let us know. Please also explain why you think so. Our team will review your submissions and, if true, will reveal the identity of the project owners.
The fact that a project passes KYC service does not mean that we approve and recommend that project. The KYC service includes the identification of the project owner. Therefore, this service will assist the decision-making process of investors. Please DYOR.
Shiba Watch Project
A platform governed by smart contracts to help potential investors make an informed decision on recently launched tokens. Services include KYC, audit of new listings and review of listed tokens.
Governed by Smart Contracts
Transactions such as approving KYC and payment transactions will be done through our smart contracts which guarantee ownership
Help you make decisions
Our upcoming platform provides in-depth analysis about listed coins to help you make decisions on investing
Deflationary and rewarding
The token is designed to be more scarce over time and rewards holders with BUSD that you can utilize
Looking for a new coin? We have your back. We actively source out for new coins so
you can be the first to know