Are Gnox deposits unrecoverable?

24.07.2022

Gnox earns no organic reviews. Everything you read about it is either paid advertising (as specified in disclaimers by various publishers), or written specifically by me, through my own and verifiable experiences with that platform. Risks remain undisclosed.

Warning Signs: Zero presence on Github. Sophisticated landing page with punchy words but no real data. Cookie-cutter roadmaps, too much in the pipeline. Scammers will use fake or no identities at all. Team members have no LinkedIn/Github presence. https://medium.com/hackernoon/criteria-to-evaluate-icos-spot-scams-a48492067b62

Investors have already paid gnox for tokens which look increasingly difficult to sell. Gnox team fails to reveal their identity and mailing address. Soken Contract Security Audit should review their report on Gnox. Investors believe it a scam.

Sales of tokens that are never released to investors, generate some revenue to be deployed into false claim advertising. Yuxtaposition of randomly chosen established tokens, along with gnox, is obnoxious. Customer refunds are denied as the team prefers to continue paying for lies.

Whitepaper implies that monthly income would be converted from treasury into Gnox and distributed to holders in that token, similar to a buy and burn. Whitepaper doesn't mention any distribution in stablecoins whatsoever. This major issue isn't addressed.

Gnox blocks paying customers who inquire further from audit. Automated scan fail at lowest score at https://desk.lsr.finance/asset/gnox-gnox/

Smartcontract scan is very worrying to me. Some points can be discussed due the defi system, the renounced ownerschip is something that should have been implentated in early phase. Can Soken alter audit in later stage? Kicking out paying members from info channels is troubling

Gnox blocks channels of communication with its investors, does not send tokens already for, and does not refund any money sent there either. Does unwillingness to reimburse convey insolvency? Users have noticed deficiencies in audits supplied by Soken. Pancakeswap has not confirmed Gnox as liquidity provider.

Soken reports volatile code not properly handled. Two major codes ( swapExactTokensForETHSupportingFeeOnTransferTokens & addLiquidityETH ) have issues that would potentially prevent investors from selling or swapping gnox token on pancakeswap on launch day.

Gnox doesn't have any funds available to reimburse investors who just discovered how pathetic a scam it is. They'd rather recruit further victims for lottery airdrops. Any official representation of top tier coins will strongly warn you against airdrops.

Eric (Pseudonym of Marketing Manager at Gnox) warned that "if a malicious or fraudulent event occurs, V (Pseudonym for CEO) and the rest of the team are screwed. What else can we do?" Sounds like liability concession. How can we get rid of this token?

Expensive propaganda packaged as genuine info: Investing dot com is part of the scam. They could have chosen not to retransmit fake news, they didn't bother verifying. They failed to quote they were broadcasting PAID ADVERTISING for gnox, as clearly noted on dailycoin disclaimer https://www.investing.com/news/cryptocurrency-news/are-cardano-shiba-inu-and-gnox-token-about-to-explode-2835974#comments

Nothing is bearproof. Gnox assumes that coercing telegram group users to hold without asking questions will guarantee an ever increasing price. Price of gnox, measured in bitcoin, has actually declined. Investors may choose to sell immediately after launch.

Gnox is marketing and advertising scam. There is not a single positive, genuinely independent report about them. Money spent by their team on faulty advertising is obscene, while they lack cash flow to reimburse dissatisfied customers requesting to get out.

Saving your money in Gnox wallet accounts is akin to infamous Argentine playpens (corralito), as withdrawals are strictly forbidden until further notice. No refunds are issued while your investment devalues against bitcoin.

Reliable information about Gnox is unavailable on Github. Business model shifts every few weeks, leaving investors with an array of unanswered queries. Their extreme risk status is hidden, while painting themselves as safe haven through the word bearproof.

Gnox customers have not yet received tokens purchased long ago, because the team stubbornly hoards such property on their platform. Team fails to deliver to rightful owners their legitimately purchased assets.

Gnox team anonymity is absolutely unacceptable. They posted no profiles on either github or linkedin. Where do they live? What expertise have they gained in prior projects? Who are they? Their intentions are unknown.

Investors fear deposits sent into gnox might be unrecoverable. Worldwide advertising flood in the last few months could have easily cost millions of dollars. Customer funds may have already been spent. No withdrawals are allowed.

Whitepaper clearly specifies that reflection rewards shall be distributed in gnox tokens; however, telegram community has been informed that such earnings will be distributed in stablecoins. Investors face ruin should significant exchange fluctuation occur.

Gnox constitutes a textbook example of interaction between extreme greed and extreme fear. Advertising emphasizes absolute moon scenarios, while independent research suggests doom is ahead. Future cryptocurrencies must avoid a rerun of shady developments.

Gnox presale phase 2 was sold out because a number of publications displayed paid releases overemphasizing token features and underestimating risks and concerns. Phase 3 will warn newcomers not to buy, so that orderly flashcrash may develop at launch.

Gnox implores you to buy and hold its token, rest would be done for you by team of DeFi analysts. Identity of such mysterious team remains undisclosed. Soken KYC is insufficient to issue an authoritative opinion on trading qualifications of analysts.

63% gnox price increase occurred entirely during first phase. Second phase provided a modest 3% increase in dollar terms, and a noticeable 17% depreciation against bitcoin. Sustained rate of decrease in daily sales is observed during this third phase.

Gnox team relies exclusively on a single know your customer report, on just a single member of staff, from one specific audit; & a contract with details unavailable on github. Refrain from asking any further questions. Any fud might bankrupt this weak coin.

Investors don't clamor to get into Gnox. To the contrary, Gnox clamors investors to inject funds into their questionable cash flow. If all coins were sold its market cap would be a meager 2 million dollars, an easily affordable amount for whales to afford.

Satisfaction deteriorates regarding Gnox customer service. During ten days, Investor Rajesh Kumar has pointed out issue of 2 million extra tokens being displayed as available for sale on dashboard. Team refuses to update supply from 60 to 58 million tokens.

Investor Nazif Eren reports gnox team deletes questions without answering. Is there anything they are afraid in terms of security? They gladly receive all payments and angrily ban whover they label as fudder. Asking for information became bannable offence.

No technicalities are made available about gnox defi protocol. Details to help customers choose between staking, holding or selling remain undefined. Overexpectations parallel firepin disastrous performance. Ownership is not renounced by mysterious team.