Coin Name Nimiq
Coin Code NIM
Summery Description

Robin Linus exit scammed the project with 1/3 of the ICO money to “work on another project”. They bought a 1.1 million dollar villa in Costa Rica and multiple teammates purchased real estate in 2018 using the ICO Money. Everything went wrong with this ICO. The ICO investors lost over -97% of their ICO investments. Robin Linus the founder of the project even posted that the ICO investors lost so much money . Their founder was kicked from the project due to drug abuse from the project, while they were lying for over 8 months that Robin was still part of the team doing research rejecting the fact that Robin was kicked out and started to have “a severe drug addiction”. Recently Robin Linus posted on Reddit that the project team members took control over the project ICO funds. They spent 1.1 million dollars to buy a mansion in Costa Rica, they wash the project money through “generous bonuses” and they are no longer interested in the project at all. They just want to burn all the ICO money and they are no interested in the future of the project. The network infrastructure costs more than $50,000 per month due to the fact they need to host seed nodes. They pre-mined 2.5% of the network to donate to a charity foundation ImpactX, but this foundation doesn’t exist and the funds as still owned by them. They ban everybody who is asking them about their funds or their project status on telegram, discord, and Reddit instantly. Multiple bitcoin talk members started to explain the shady operations behind the project and the fact that due to their burning rate the project will become bankrupt and the project will become dead in just a couple of months. More information of how they wash the funds and about their shady practices on bitcointalk ANN topic

Category Scam

Is Nimiq a Scam?

Disclaimer: Nimiq Cryptocurrency | Nimiq ICO
Nimiq is a cryptocurrency project that issued Nimiq tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.

Is Nimiq a Scam ICO?

Data on whether Nimiq conducted a scam ICO, a scam mining operation, or a scam masternode project is cited above from external sources and CoinCurb does not take responsibility for claims against Nimiq or in support of Nimiq. The data is only an aggregation of claims cited against Nimiq.
The above claims about Nimiq (ICO), Nimiq’s token, or Nimiq’s team are externally sourced. They may claim that:
– Nimiq did an ICO and then exit scammed
– Nimiq has an undedicated project development after the Nimiq ICO
– Nimiq token got pumped and dumped by the Nimiq team
– Nimiq is a dead project with a worthless Nimiq token

However, external claims about Nimiq project, Nimiq token, Nimiq team, or even Nimiq advisors may not be supported by accusers of Nimiq ecosystem and thus individuals seeking to learn more Nimiq team or about the Nimiq cryptocurrency are recommended to directly contact Nimiq team members or Nimiq token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Nimiq is an exit scam or that Nimiq is any other type of scam, nor does CoinCurb insinuate that Nimiq (or Nimiq token) team are scammers or that Nimiq (or Nimiq token) advisors are scammers. CoinCurb allows viewers to reference sources related to Nimiq development, Nimiq token trading, and/or Nimiq team as an uncertain reference when deciding if Nimiq is a scam or Nimiq is not a scam.