Warning: Robomine Scam? Where is the truth?

What is Robomine?

According to updated information from the project's homepage, Robomine is a cryptocurrency exchange or digital bank from the UK. With an international mission, Robomine is sponsored by RBMP Capital Management - a financial group based in the UK. Robomine's technical director is Nicolas Kokkalis, a professor at Stanford University specializing in blockchain technology . Therefore, Robomine operates on the same platform as the Pi Network.

But according to later investigation, the published information is not true. Robomine is not affiliated with the RBMP Capital Management fund and Professor Nicolas Kokkalis.

What are RBM tokens?

Warning: Robomine Scam?  Where is the truth?

RBM is the native token of the Robomine platform with a total issued supply of 600,000,000 RBM. According to the project's introduction, RBM uses an advanced, safe and secure SHA-3 algorithm. With this algorithm, users can use Robomine AI wallet right on mobile phone devices to mine coins.

How does Robomine work?

Warning: Robomine Scam?  Where is the truth?

It can be said simply, the way Robomine works is similar to your savings at banks. Initially, you will deposit real money (minimum USD 500) into your Robomine AI wallet account to buy coins like Bitcoin, Ethereum, USDT… After that, this e-wallet will automatically mine coins. Every day, Robomine will pay you interest in your e-wallet with RBM tokens.

The interest rate of Robomine is estimated at an average of 10-15%/month, or about 180%/year. In particular, the project also announced that you can withdraw money at any time. To withdraw money, you just need to convert RBM tokens to other coins such as BTC, ETH, USDT... with the conversion rate depending on the value of the RBM token on the Robomine exchange. Or more simply, you can internally sell RBM tokens to others. This is the difference that creates confidence for investors.

In addition, Robomine has a reward mechanism for those who actively participate in community building. As long as you invite others to participate in mining, you will be rewarded from 5-100%. This is a model of building a multi-level system quite familiar.

Warning: Robomine Scam?  Where is the truth?

Features of Robomine wallet

The introduced Robomine AI wallet has the following features:

  • Wallet is developed based on blockchain technology platform
  • Robomine AI is compatible with many different operating system versions, from iOS to Android
  • With Robomine wallet, investors can make withdrawals 24/7
  • The wallet has the ability to automatically mine coins without using mobile data
  • Robotine Wallet has extremely low energy consumption.

These features alone are enough to make Robomine different from other projects. Therefore, Robomine has attracted a large number of investors looking for high returns.

Robomine scam users?

The cryptocurrency market is becoming more and more exciting with investors. This is also the time when scams on the internet are increasing rapidly. With a huge interest rate received daily, deposits and withdrawals 24/7, is Robomine a scam project?

Warning: Robomine Scam?  Where is the truth?

On January 25, 2021, Robomine upgraded the software according to the notice sent earlier to investors. However, the system keeps reporting errors and up to now, Robomine has not finished upgrading. By June 2021, Robomine officially announced that it had lost all user data. Robomine's homepage is broken and the accounts logged in on the mobile app have been locked. This means that investors have lost all assets stored on the Robomine AI wallet, the damage is estimated at trillions of dong.

Robomine's Scam

Different from other scam models, Robomine introduces a feature that allows users to withdraw money at any time. This is an important basis for creating confidence with investors. 

Doan Manh Tuan is said to have brought the Robomine digital banking model from the UK to Vietnam. Tuan said that he is working as a fund manager of IDJ (belonging to IDJ Vietnam Investment Joint Stock Company). However, in a written reply to reporters, Mr. Tran Trong Hieu - president of IDJ Vietnam - affirmed that Doan Manh Tuan was never an employee of the company. 

To attract investors, Robomine asserts: "Players do not need to do anything, but still have money". Exactly, players just need to invest money in Robomine AI wallet and receive daily interest. The interest rate is up to 180%/year and maybe more if players build the system. 

In addition, to build more trust, Doan Manh Tuan organized a grand opening of Blockchain Academy and invited Dr. Phan Quoc Viet to take the position of Academy President. But exactly, this academy was decided to dissolve by the Institute of Educational and Environmental Sciences 6 months ago. 

How did Robomine scam users?

Robomine tricks users by hitting on greed and ignorance. With huge interest rates without doing anything, many people have invested tens to hundreds, even billions of dong in Robomine.

Through brokers or consulting events held in luxury locations, Robomine has built trust with investors. They started promoting and cheering, drawing a scenario when the RBM rose in value, how investors would benefit. Finally, with the commitment to withdraw money 24/7, many investors have trusted and poured money into Robomine. 

summary

Robomine scams trillions of dong is a wake-up call for investors who want high profits. Currently, spam projects specializing in defrauding users have used more sophisticated tricks. TraderH4 hopes that investors should be wise and learn carefully before investing in any project. 



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