Permainan judi slot online terbaik

slot hoki terpercaya

  • About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$18,962.09-5.81%
  • ethereumEthereum$1,020.30-7.78%
  • xrpXRP$0.324899-1.61%
  • bitcoin cashBitcoin Cash$100.10-5.99%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
  • News
  • Analysis
  • Crypto
  • Autotrading
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

Crypto Startup Employee Quits After Noticing Conspicuous Signs Of Failure

John Wanguba by John Wanguba
March 18, 2022
in Analysis, Crypto news
Reading Time: 5min read
Crypto Startup Employee Quits After Noticing Conspicuous Signs Of Failure

Historically, the startup ecosystem has played an integral role in shaping the general cryptocurrency community to become the $2 trillion industry that it is today. Nonetheless, many players depend on this notion to constantly over-promise and under-deliver the large WAGMI dream.

In December 2021, Redditor busterrulezzz thought that they had got their dream job after they were hired by a crypto startup. However, they later realized that they had become a part of the problem and decided to resign from the position barely two months later.

Redditor u/busterrulezzz: Source: Reddit
Redditor u/busterrulezzz: Source: Reddit

Offering NFT services without proper networks and buying crypto at ATH primarily based on popularity were the key red flags for the Redditor. As narrated by busterrulezzz:

“First of all, the level of disorganization and chaos was absolute madness. Each morning we had a different objective, based on the most recent trend in the market.”

The Redditor claimed that the cryptocurrency startup that will remain anonymous due to an active non-disclosure agreement, did all that crypto investors are normally advised against. It includes offering nonfungible token (NFT) services without the correct infrastructure, buying cryptos at their all-time highs solely based on their popularity. While paraphrasing the firm’s agenda, busterrulezzz said:

“One of our products doesn’t work anymore because we rushed a bug-fixing patch? Let’s pretend that never happened and let’s keep pushing rosy marketing articles!”

Days after joining the team, the Redditor noticed that a business cannot register any profits or a productive member of the cryptocurrency space “if you can’t even define your objectives and stick to it.”

The Redditor also claimed that the startup firm proactively misled and cheated investors by using bots to operate official Telegram channels, faking some of their community users on Discord, and even partnering with influencers to make their products appear popular, adding that:

“This kind of stuff is what gives crypto its bad reputation to the outside world.”

One of the most notable red flags the new employee discovered were the founders, who seemed only interested in making the most amount of money and profits as soon as possible:

“We were acting like an evil hedge fund, precisely the type of institution crypto is supposed to fight.”

With that supposed realization, busterrulezzz now felt purely like a big scammer and ended up quitting their job. In that context, the company refused to pay salary for the last week for absconding. Nonetheless, the Reddit community wants them to lawyer up to get the NDA nullified and retrieve the pending salary. They concluded:

“Thanks for the advice, I will look into it.”

Despite that bad experience, the Redditor advised the community to join well-known crypto enterprises and “not waste your time in little-known start-ups that have big dreams, but can’t deliver.”

Readers are also advised to do their background checks on the company founders and roadmaps before accepting any job invitations. While that story highlights the alleged internal operations of a fraudulent crypto startup, some of the largest players in the crypto space come from humble beginnings including Binance, the biggest crypto exchange in the world in terms of the trading volume.

On the flip side, government organizations have eventually acknowledged the benefits of hiring experts from within the crypto space. Based on previous reports, the United Kingdom’s Financial Conduct Authority (FCA) recently published job openings on LinkedIn looking for a head of the digital assets department and a director of the payments and digital assets department.

FCA job postings. Source: Linkedin
FCA job postings. Source: Linkedin

That new role is a part of FCA’s plan to set up a dedicated department for cryptocurrency. The announcement reads:

“We are looking for a head of department to build and lead a new crypto department that will lead and coordinate the FCA’s regulatory activity in this emerging market. This is a critical leadership role within a proposed new directorate dealing with emerging business models […]”

Like what you're reading? Subscribe to our top stories
Tags: AdoptionBusinesscryptoCrypto adoptioncrypto investmentCrypto regulationcryptocurrencyFCAJobRedditRegulationStartup

Related Posts

US Government Suspends Enforcement Of Crypto Broker Reporting Laws
Crypto news

US Government Suspends Enforcement Of Crypto Broker Reporting Laws

June 29, 2022
U.S. Power Companies Compromised By Supply-Chain Crisis This Summer
Analysis

U.S. Power Companies Compromised By Supply-Chain Crisis This Summer

June 29, 2022
NYDIG Study Analyzes Global Regulation Value In BTC Price Gains
Analysis

NYDIG Study Analyzes Global Regulation Value In BTC Price Gains

June 29, 2022
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories
situs qq online terpercaya
probola
Menyajikan live score bola terkini
www.jamberrynails.net
adtoken.com
Agen bola
judi online slot
daftar judi slot terbaru
situs BandarQQ Online
Situs judi online Terpercaya
poker online
judi bola
slot pragmatic
situs judi bola
situs judi bola
pragmatic play
judi bola
Situs Slot TOS885

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
  • Crypto news
  • Analysis
  • Editors’ Choice
  • Entertainment
  • Press Releases
  • ICO
  • Wisdom
  • Coins List
  • Advertising
  • About FXTimes
    • Privacy Policy
    • Terms of Use
    • Donate

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.