AstorGame – a fraudulent ICO?

We’ve been seeing a bit of promotion of the upcoming AstorGame eSports/Online Gaming Platform and wanted to see what the hype was about.

Domain & Site Hosting

When we first arrived on the website, immediately we noticed a delayed load time (about 3-5 seconds before anything began loading). Perhaps this was our internet connection so we tried it on both AT&T and T-Mobile networks and had the same issue (if not slower). So we initiated a whois against the domain and saw that it was registered by Crazy Domains. When you go to Crazy Domain’s site, you’ll see that the reason this site is slow is because it is part of a standard shared hosting account (much like a HostGator). A quick look into the nameservers listed on the domain (here) shows that it is indeed part of a shared hosting plan.

This may not be a red flag by itself but for an organization looking to raise $100,000,000 USD, this seems pretty odd to utilize a shared hosting provider.

Or also the fact that the registration of the domain is private and no organization is listed. Granted, our site (ClearCrypto) is also private but we aren’t here to raise $100,000,000 through an ICO.

Now…

Site Security

Once the site loaded, we then noticed that the site is not secure: 

Perhaps this was due to the default site of non-HTTPs so we attempted to use the HTTPS version of the URL and it worked – kind of. We noticed that the SSL certificate was not signed by any organization and the UserTrust certificate has been known to have compromised certifications over the last few years. You’ll see in the image below that it has no Organization listed. We are not experts in SSL so if any readers have insight on this, please send us a note via email or Twitter!

Moving on since that is not our expertise…

The White Paper

Did you read the white paper? If you did, you should have noticed that more than 80% of the white paper is talking about the growth of the eSports industry and how casinos currently work online. There are about 3 pages where they talk about their goals, how Smart Contracts will make it more fair and secure, and…that’s about it. The rest of the paper describes what gambling is, what provably fair is, and how hashing can be implemented into online gambling. After reading the White Paper, we definitely felt like we understood more about the gaming industry and how provably fair works, but we didn’t get the sense that this platform is doing anything that requires the implementation of blockchain technology. If you feel different about it, again, share with us via email or Twitter!

Finally, social proof?

We’re going to assume most readers will have a Facebook account that they use personally (like, actually your own Facebook) and also a LinkedIn account that you use on a daily basis. If you use any of these platforms, you should notice some major red flags with this token’s “team”.

Let’s start with Mark Snizhinsky, the founder of AstorGame. We checked out the listed LinkedIn and Facebook accounts and noticed immediately that he only has 69 connections on LinkedIn. It’s odd that someone who shows 12+ years of job experience on LinkedIn somehow only has 69 connections. Also, we also noticed he has the automatically generated LinkedIn profile URL. While not a red flag, most people will go out of their way to set up their own customized profile URL.

Oh, and if you try to search for Mark anywhere on Bing, Google, etc – you really won’t find much. We always thought social proof would be a good way to showcase credibility of a team, but with this team, so far it’s been very iffy.

Next is Yuriana Lopez and according to her listed LinkedIn, just like Mark, with 8+ years of experience, she has 50 connections. In the profile, she lists herself as a reporting analyst for Kantar Worldpanel and then jumped from an analyst to the Head of Marketing for a Steel Manufacturing company in business since 1965. This seems highly unlikely but not impossible.

Look, it’s not that because you only have 50 connections on LinkedIn makes it seem shady. It’s that every single person listed can’t be found via a simple Google search. Every single profile is setup the same exact way. We’ll let you decide but this seems like just a cash grab for gullible investors.

AstorGame / Mark Snizhinsky, if you have a comment, please contact us at hello@clearcrypto.com or send us a note on twitter.com/clearcryptonews.