Ian Balina is a FRAUD
Hello everyone!
Firt things first, I was a part of his free community since mid summer (and paid patreon too), which was actually OK and pulled off a few good deals (it wasn't that hard though during booming summer - everybody was making $$$). Nobody ever does anything for anybody else besides himself in the first spot, but we all listened to his bold statements 'I'm doing this for you guys'. Times changed.
There's still hundreds of blind sheep following Ian in his lowest Patreon tiers.
Basically, in August his model turned into paid following, with different Membership Tiers ranging from $10 (few days ago after Cobinhood scandal this tier got removed) to $2,500 per month. Concerns got voiced couple of weeks ago, when basically for $50,000\month paid to the guy in membership fees he shows up online couple of times for few brief messages and 1 to 2 streams PER WEEK, the rest of time he just travels across the country through different conferences, being busy to work his ass off for $50 grand a month.
Nice job, you bet.
Anyhow, why FRAUD?
Gathering quite a significant group of followers in Telegram and YouTube he gained some influence and impact to negotiate private sale deals in different ICOs. Not pre-sales, for regular investors with $50,000 - $100,000 available but private deals on special terms granting WAY WAY better deals for his 'private group of investors'. Being able to pull some deals before it got revealed (ChainLink, WanChain, RChain come to mind) he first got exposed through his well-known CobinHood deal (where he had to pull $1MM in 2 days to get 150% discount, while the rest of the world enjoyed 60% max discount) and all this happened during Crowdsale phase of the Cobinhood ICO with 20-40% discount for everyone. Riot took place and Cobinhood CEO had to publically cease the deal.
Next thing, the pool for Mercury Protocol started (they stated in their FAQ section that no pre-sales available at all but they removed that part after somebody dropped a word about ongoing Ian's pool to match their offer ( 'get X amount in Y time for Z discount') ). What makes Ian a scammer is the fact that he's basically got all his influence and impact in the cryptoworld through hundreds of his minions and by building a significant community to make him accountable so he can manipulate and pull off serious discounts for himself and close circle of his friends and top tier patreons. But those 99% of the people who made him impactful and significant are getting nothing from this, concerns were voiced many times in his $100 Tier Channel but being totally ignored. Moreover, people from top tier opened Private Telegram Group where they help Ian fill his pools for ongoing private sale pools (Mercury, Request, Dragonchain, Quantstamp, etc) - and all this happens without 99% of his community even know they are getting owned - those are the people who actually built Ian as a figure in cryptospace and he spits to their face by doing everything to fill his pocket, pull off some deals for him and his friends.
The huge part of the community doesn't even know what he's getting and what's going on while they discuss daily things in half dead Discord channel.
Again, not even taking into account he does literally nothing, investing 4-5 hours per week to his entire community for $50K, but the thing he's pulling such deals around his community which actually made him something in cryptospace is ridiculous. Moreover, people outside of the entire community are working on those backdoor private deals through secret Telegram channels and the entire community doesn't know a sh*t about what's going on and how much they are getting rekt and even pay for that! Initially, there was no promise people in lower tiers will have access to pooling but the fact that over a hundred people OUTSIDE his community are getting access to his pools is outrageous.
P.S. I've also read AION Discord this morning and moderator said they are planning to hold an AMA session with Ian and it was a pleasure to see so many people were concerned about that, telling this will actually ruin Aion reputation, make them look bad and so on. Nice to see some people start to understand what is happening. The entire plan was to build a. Build a community, b. Gain some influence in cryptospace, c. workout private deals with ICOs by presenting himself as an 'influencer' and strategic partner, d. fck the community and start earning for yourself with a help of few his top tier patreons and friends (outside of the community).
This is just sad how he basically scams his entire community by using the power we gave him to benefit himself. People turned into blind followers and its just getting pathetic to watch how the greed built up over time.
Cheers.
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