PinkTaxi, a women-only blockchain based cab hailing service, which is being backed by John McAfee, came under a negative light on Sunday. Reddit user /u/projectico, pointed out that a PinkTaxi Team member “Katie Lehman”, does not work for the PinkTaxi team as she works with the user’s team.
The NEO community took notice of the post and soon people from all over the community started pointing out flaws in the ICO.
One user pointed that the entire project is a copy of A2BTaxi, and only the name and the creatives have been changed. Another pointed out that he has seen a few faces from the team in various other projects.
Due to a rising a number of ICO scams, ICOs have started to come under a bad light. In 2017, ICO was a way to raise a huge amount of capital without investors help but nowadays public perception of ICOs seem to be changing.
According to PinkTaxi’s website, Pink Taxi is an established women-only taxi that has empowered hundreds of women and made them take charge of their own lives. The core idea of this service is to provide a safe transportation facility to female passengers and provide a respectable platform for their employment where they feel like they, too, can make a difference in the world.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…
As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…
Did you know that 85% of DeFi value is concentrated in six blockchains? DeFi is…
CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…
Join us at BFC 2024 to explore the future of Web3. Use a special discount…
Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…