CryptoEclipse’s profile 59

I'm a crypto enthusiast and crypto investor since Aug 2017.

Member since: February 10, 2019



Review Date: May 04, 2020 17:37:19

I'm an investor into Pukkamex project since Aug 23 2019 and writing this review to spread the word about how Pukkamex team scammed the investors and are doing very little for not being called a scam. Once you read my review, if you are an investor into this project please write your review stating if you disagree or agree with my conclusions below. And if you want to help to report Pukkamex C-level team members to authorities and their project to regulators for investigation - please join Telegram group Meanwhile here is the summary of what Pukkamex team did (or rather didn't do) to have clearly position themselves as a scam: - Pukkamex is a supposedly "paused" project (lack of funds from Sep 2019) and has no official Telegram group moderation whatsoever, no community engagement, no replies to a few remaining investors' questions for days and sometimes weeks. - Vast majority of team members and advisors have clearly abandoned the project - Ahmad, the CEO is not responding to PMs on Telegram since Oct 16 2019 and has not shown in the official group for months without any explanation given to the investors besides "he's still on the team", the rest of the C level team members similarly are not engaging in any conversations with Pukkamex Telegram community anymore (with the exception below). - The only team member that is doing leap service for Pukkamex is Mo Masri, the Chief Compliance Officer who gives the same updates again and again - "we are looking for funds". Without showing any factual evidence of the team's work in that direction. - There was no evidence ever of a finished product (a cryptocurrency exchange), the MVP version they have released in Aug 2019 just before they halted operations (after sourcing the last $55K from a private pool of investors) looks unappealing and ilfar away from a finished product. - Obviously no new investors will fund the project as they will have to do a minimal research and will see all of the above. The "we are looking for funds" in Pukkamex case is clearly an excuse to avoid the responsibility of dealing with the frustrated investors and provide a financial report and a refund. - There are many other red signs... I don't see even 1% chance of this project getting anywhere in a positive direction and that's why I call it a scam: a bunch of young and deceptive kids got together making investors belive they can create a cryptocurrency exchange, collecting as much money as they could in bear market of 2019 and disappearing with an excuse "we are looking for funds" and no further explanations.


Review Date: April 24, 2019 03:25:34

The Tangle project's ICO had failed to raise enough money to proceed with the project. They had to shutdown their ICO in the middle of August and gave the investors a full refund by Aug 20. The project is now inactive.


Review Date: February 15, 2019 04:49:38

I've been following Hodler Enterprises team and their Qredit project progress for over a year now. Was close to investing in Qredit during the ICO in Feb 2018 but pulled out at the last minute for not being sure if a real-time retail digital coupons and rewards platform could run well on Neblio. Still following the project closely and finding the CEO Nayeim Willems as well as other team members readily available to answer all my questions I felt comfortable with the team and invested in Qredit a few months after the ICO. I have been close to Qredit and other Hodler Enterprises projects ever since and seen Qredit project growing its ambition from being just the local (in Netherlands) shoppers rewards system into an all encompassing retail payment and rewards system with a native blockchain platform (a software fork of Ark) utilizing 51-node DPOS consensus network. 

A quick summary - I've been pleasantly surprised with the agility and technical abilities of the team, as well as the extent of sacrifice the team has gone to on many occasions at their own expense for the sake of their investors. I have ended up participating in securing Qredit blockchain network by running delegate servers finding a good use to my Qredit (XRP) tokens in delegate voting while the project was gaining traction through the difficult times of "crypto winter" 2018. 

Below are some additional details demonstrating team's hurdles and abilities and why I'm still the investor in Qredit and Hodler Mining projects of Holder Enterprises: 

1. Qredit ICO run in Feb 2018 have raised very little capital in NEBL tokens (well under 1 mln in USD equivalent) with NEBL token loosing the value rapidly over the rest of the year 

2. In Q3 2018 the scope of the project changed from a simple shopping rewards to a full blown retail payment system and Qredit made a difficult decision to move from Neblio to Ark's DPOS platform. At that time they also made an unprecedented (in crypto ICO world) action of care for their investors offering all ICO and OTC investors full refunds at the original ICO fiat price and honored about 40% of them before their budget run low and the team had to postpone the refunds until Mar 2019 

3. After a lot of struggle in Q3 2018 Qredit did manage to successfully list on a few small exchanges (willing to integrate the unknown at that time to the most exchanges NTP-1 token protocol): Tradesatoshi, BiteBTC, Altilly 

4. Shortly after migration to Ark V1 platform in Q4 2018 - Qredit performed a successful fork of their blockchain in Jan-Feb 2019 to the just released Ark V2 becoming the only software fork of Ark upgraded to much more stable and feature rich Ark V2. As of the time of this review none of the other blockchain based projects utilizing software fork of Ark blockchain are running on version V2

5. In Jan 2018 Hodler Enterprises launches online shopping site Bitilly that is intended to become the first use-case for Qredit token as well as become a source of additional income for Holder Enterprises team and their founding investors 

6. In Feb 2019 after a few months of team work with Altilly exchange Qredit CEO Nayeim Willems becomes CEO of Altilly while ex-CEO of Altilly Michael Osullivan decides to work full-time on his CTO responsibilities in order to focus on advancing the many cutting edge features of Altilly exchange. Qredit's XQR token replaces the Altilly token with similar utility as BNB token of Binance exchange. XQR becomes one of the base trading markets on Altilly exchange. That was a great mutually beneficial acquisition that is expected to boost the adoption of Qredit platform as well as bring Altilly exchange to much higher daily volumes. The increased demand on Qredit XQR token gave some of the investors a chance to finally trade some of their XQR hodlings for a nice ROI 

7. The innovation: Qredit platform is set to provide some distinct retail cryptocurrency payment and rewards solutions not yet found anywhere else:  

- QREDIT MOTION: "stay connected with your customers by rewarding them with your own tokens created on Qredit Blockchain." 

- QREDIT WAVE: "by using the NFC technology integrated with our Blockchain you can also receive Qredit without internet." 

- QREDIT KYC: "similar to a bank account, you can optionally register your Qredit address for more transparency"

More information about Qredit's story, the roadmap and milestones ahead could be found here: 

Information about other Hodler Enterprises projects could be found at the below link:


Review Date: February 14, 2019 22:41:48

A solid project with a great team, impressively regular weekly CEO updates and a ton of milestones achieved since their ICO at the end of 2017. If not for the bear market the WISH token and MyWish services would be very demanded by now. But the crypto winter... arrived and put many great projects in coma. MyWish, unfortunately was not an exception! To date it failed to generate any interest for mass adoption and any ROI for the ICO investors. 

But I'd like to highlight why I think MyWish is a great project with a good investment potential especially at today's prices. Unlike most of the other projects in the blockchain sphere, MyWish is a paid community service targeted not just to organizations but first of all to any layman in not so far away decentralized future. We all know by now how blockchain technology made it possible to gift the world with decentralized currencies that carry over financial value without the "middlemen" financial institutions and governments. MyWish, in a similar way, is the very first platform that essentially makes some parts of the system of civil courts, legal and notary public services FULLY OBSOLETE. Before MyWish platform if I were to borrow money from you for a certain percent of return we would have to meet, discuss the conditions and terms, go to a lawyer and notary public to create a contract, sign and stamp it. The lawyer would ask for a fee. And there would still be no guarantee that the contract would not have been forged by a corrupt lawyer and it's one of the reasons there is frequently a whole new legal process starting when the legal contract matures to its term. MyWish replaces the lawyers and notary public with a very convenient and independent (decentralized + incorruptible) platform: they currently offer a web based very easy to use portal - to go and create a contract with your own terms and conditions, send that contract to the other party electronically, the other party reviews and agrees with it, you review and agree with it (all within the convinient webb interface) and a contract on blockchain platform is then set in motion. 

MyWish is a business and charges a fee for this and many other smart contract based convinient services on Etherium, Bitcoin, NEO, EOS and recently TRON blockchain platforms. A reasonable fee - for a 3 year contract they currently set price to about 15 USD. The money are split in a few parts for different needs - 50% goes to MyWish company as the payment for their service, about 15% goes to pay for gas and other technical logistics of creating smart contract and the remaining 35% goes into contract execution by the means of payment to MyWish platform "miners" who act as the "validators" of the terms of the contract (for example one of the term could be that the contract should be annulled after 3 years, the other term could be that if a pre-defined cryptowallet hasn't been used for 6 months - transfer all cryptocurrencies from it in certain ratios to other pre-defined cryptowallets, etc.).  

And now are the two most important parts of MyWish service: 

1) the payments for smart contract services are made only in WISH tokens 

2) the 35% of the payment made is reserved for gradual use for the duration of the contract (in order to pay "miners-validators" for contract delayed logistics execution). 

That second point is a crucial one: unlike the case with the most successful cryptocurrencies or utility tokens like Bitcoin, Etherium or Neblio whose growth was primarily attributed to a very limited supply and very slow new coin emission rates, in case of MyWish all coins are already pre-mined as part of the ICO (19.8 mln tokens) and as more and more people and companies start using MyWish platform for a variety of convenient and economical day-to-day use-cases (prenaps, wills, custom business contracts, crowdsale and airdrop contracts, lost private keys and other contracts) in slow changing, but hopefully one day widespread cryptocurrency adopted modern world, the more people and companies start using the service paying for it in WISH tokens - the more smart contracts of various duration are created and the more of 35% of the total service payments made are sent to the slow burner for that gradual use over the terms of the contracts. That means that the 19.8 mln supply of WISH tokens will not only never increase it will start decreasing as more people and companies start using the service and create long-term contracts. 

If, for example, I put a contract for my newborn child that upon his school graduation I want certain amount of my crypto assets be transferred to his college fund wallet - I will put the term on that contract to be 18 years, the $15 or other sum I pay for the contract in WISH tokens: the 35% of that amount will be hold to be spent very gradually for over 18 years. Those tokens will eventually return into the circulating supply over the next 18 years but they are essentially taken away from the circulation for 18 years due to a very gradual release back into itn. So besides the unique service MyWISH provides (there is no other company that offers the same in 2019) - the way they planned to use WISH token will make the token to become less and less available as more contracts get created by more and more users. 

And the potential users of MyWish platform are all over the globe. EVERY human's interactions, EVERY company's function are based on some type of agreements between 2 and more parties. MyWish essentially makes this service very affordable and very easy to use. This is why MyWish tokens will possibly be very valuable by 2024-2028 (prenaps, wills, business contracts, lost private keys, etc.), 5-10 years from now. It's impossible to put a precise long-term value on WISH tokens but there is a great potential for growth. It might end up being Bitcoin on steroids: 

- the same exact very limited supply, but NO EMISSION of new coins - BETTER than bitcoin; 
- actual significant deflation of the free coins on the market (as 35% of the coins being HOLD for execution of the contracts) - BETTER than bitcoin. 

And another important point: the way the company  integrated their service (decentralized) - once the contract is created - it will exist independently until its term is over even if MyWish ceases to exist as a company. 

So let's stop and think about the potential for 2017 ICO investor let alone the investor buying WISH tokens in early 2019, at pretty much buttom most prices. What will happen when people start realizing benefits of MyWish platform and start using it? All the details above will take some people possibly months and years to realize but the more people start realizing the logistics of MyWish platform the more of them will become the investors holding WISH tokens - creating similar demand and supply ratio that attributed to the incredible price action of Bitcoin.


Review Date: February 11, 2019 10:53:44

Where do I start my review of Yazom? 
Let's start with that it took me a while to get interested with the project as the crowdsale phase of the ICO was run during then most difficult times for the cryptomarkets (May 2018) and I was one of the last investors in the project during the crowdsale. Once I understood the project logistics, the token metrics, the noble goal of healthcare services accessible to anyone, anytime, anywhere and most importantly that Yazom is an already operating and growing business uniting 400 hospitals, pharmacies and doctors in Jamaica, and that CEO Sanj√© Witter has a grand vision and a great reputation in the region - I have become an investor and an ultimate supporter of the project ever since. 

Now let me try to summarize the key project logistics for those who are truly interested to get the gist of it. 

First of all, the tokenomics. Initial total supply - 50 mln tokens, 32.5 mln tokens sold to the investors (crowdsale sold out in 8 hours), 2.5 mln for bounties and remaining 15 mln (5 mln team, 5 mln partnerships and 5 mln ecosystem for regional expansions) going into the circulation gradually over the next 4 years on different release schedules. There will be token inflation of about 5% annually due to the new tokens forged for staking and masternodes rewards. 

The choice of blockchain solution. Initially it was Neblio blockchain. The company later decided to go with a development of their own native blockchain solution implemented as a sidechain of the public Ethereum blockchain, using smart contracts on the Ethereum main network to anchor the ZOM chain to the public chain.

This has inevitably slowed down the project's very first goals - exchanges, CMC listing, first rounds of marketing - but leaving all speculations aside there could have been many valid reasons for this decision and there was all the evidence of it not being easy for the company. They made it, it's one unexpected roadblock behind and the team has no intention to dwell on the past - they are looking forward! 

Yazom (formerly known as Potion Owl) is not about introducing a crypto currency in Jamaica or Caribbeans. It's not about changing the world by shifting everyone and everything from fiat to crypto. The project has nothing to do with any of the many different goals of a typical project in the blockchain or cryptocurrency space. There is a major difference between Yazom and most of the other projects that sprung out of ICOs in 2017 or 2018. Yazom's blockchain based ambition is to enhance an already adopted (in Jamaica) healthcare management system for hospitals, providers and us, the potential patients, regardless of whether we are country's locals or visitors. Yazom has a rapid expansion plan to cover all 28 Caribbean territories over a 12-month period beginning in the year of 2019, followed by expansion to Central and South America and later to Asia/Oceania regions, then to North America, Europe and African countries. Quite an ambitious goal!

In order to ensure increased awareness of Yazom they put together a marketing plan which utilizes elements of affiliate marketing as well as some of the most popular personalities from their home country of Jamaica who have had global reach in their disciplines - world famous celebrities, musicians and athletes. The first personality was revealed during the crowdsale - Davina Bennett, 2nd runner up of Ms. Universe 2018. The company intends to reveal the remaining 4 personalities over a period of the next few months during the events aligned with some of the major milestone deliverables and hopefully in more favorable market conditions. 

Yazom's ZOM token (previously NTP-1 PTN token and currently ERC20 ZOM token) will have the utility of collecting fees for the use of their healthcare management services by healthcare providers (hospitals, pharmacies, doctors - appointments, consultations, prescription preparation and filling). 50% of the fees will be burnt and 50% awarded to Yazom. As they expand geographically and increase the use of their blockchain based healthcare platform there will be a higher demand for the ZOM tokens and that will increase the token price over time. 

On top of just the organic increase of the token price (the non-speculative increase of demand) there is a great passive income opportunity in holding Yazom's ZOM tokens: the tokens will have annual staking rewards of 3.5% and two types of masternode rewards: active (6.5%) and standby (4.5%). There will be limited number of masternode applications available for qualified investors passing the due diligence and KYC. Starting with 150 masternodes for the first 2 years from Mar 2019, the number of masternodes will be doubled every year. Each masternode will require a dedicated wallet address with 50k tokens for the first year, then with each year's masternode doubling event the minimal amount of ZOM tokens hold in the masternode wallet will be decreased by half. To summarize: there will be 150 masternodes at 50k ZOM per masternode wallet from 2019 to 2021, then 300 masternodes at 25k ZOM per masternode wallet from 2021 to 2022, then 600 masternode slots at 12.5k ZOM per masternode wallet from 2022 to 2023 and so on until in 2025 the total number of masternodes increases to 4800 with 1562.5 ZOM per masternode. Thus at any given time the number of tokens reserved for securing ZOM blockchain network will be 7.5 mln ZOM. The necessity of this total amount of ZOM tokens stored on the masternode wallets serves several purposes most important of which is to ensure no single entity can host enough masternodes to achieve the 51% votes necessary to corrupt the governance of the blockchain transactions. There will be some additional ZOM reserved by the standby masternode candidates - the standby nodes will be required to be used in the unexpected event the number of masternodes falls below minimally required for securing blockchain. 

The actual need for the masternodes is expected in Q3 2019 when Yazom plans to complete development of their native blockchain solution but they will start paying monthly masternode network validation rewards to the approved masternode holders from Mar 2019. 

That is it! These are the key logistics of this project! 

To reiterate - Yazom is an existing business with an existing use case adopted in Jamaica already. A business with an aggressive expansion timeline and with an independent revenue generation enough to successfully run its new blockchain initiative for years without touching any of the raised ICO funds. 

The integration of blockchain in an already existing healthcare solution will make it more useful, more secure, more dependent and thus more unique in the sphere and more future proof against any of the up and coming competition. 

Yazom really is a very simple use case with a very simple mass adoption path where the adoption doesn't depend on an average man but depends on the acceptance of use of their healthcare system by the healthcare providers on the uncharted territory with minimal competition in the healthcare management services space. 

On top of this "ideal" mass adoption scenario you have a bright CEO who always makes himself available to the investors. A CEO with the vision and business ambition of Steve Jobs who envisions Yazom Healthcare system being used globally complementing known hospital systems like Epic, Cerner, Allscripts, Next Gen and others. 

And let me finish with the following. For those typical crypto investors who invest today and want a 10x profit tomorrow: don't make your investment decisions with one month or even one year in mind. Think with decades in mind. Just think where Yazom is going to be 5, 10, 20, 30 or 50 years from now. Think about how big Yazom will be when you pass your ZOM tokens to your kids as an inheritance ?

Join the CryptoCanary Flock

Get a weekly update on the best and worst projects right in your inbox.