I remember this, it was an attempt to create a cryptocurrency for the vertical market of crude-oil shipping and dealing – but made absolutely zero penetration into that market.
Is OilCoin a Scam?
Disclaimer: OilCoin Cryptocurrency | OilCoin ICO
OilCoin is a cryptocurrency project that issued OilCoin tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is OilCoin a Scam ICO?
Data on whether OilCoin 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 OilCoin or in support of OilCoin. The data is only an aggregation of claims cited against OilCoin.
The above claims about OilCoin (ICO), OilCoin’s token, or OilCoin’s team are externally sourced. They may claim that:
– OilCoin did an ICO and then exit scammed
– OilCoin has an undedicated project development after the OilCoin ICO
– OilCoin token got pumped and dumped by the OilCoin team
– OilCoin is a dead project with a worthless OilCoin token
However, external claims about OilCoin project, OilCoin token, OilCoin team, or even OilCoin advisors may not be supported by accusers of OilCoin ecosystem and thus individuals seeking to learn more OilCoin team or about the OilCoin cryptocurrency are recommended to directly contact OilCoin team members or OilCoin token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim OilCoin is an exit scam or that OilCoin is any other type of scam, nor does CoinCurb insinuate that OilCoin (or OilCoin token) team are scammers or that OilCoin (or OilCoin token) advisors are scammers. CoinCurb allows viewers to reference sources related to OilCoin development, OilCoin token trading, and/or OilCoin team as an uncertain reference when deciding if OilCoin is a scam or OilCoin is not a scam.