Let’s keep this article short, as its fairly obvious why Avesta’s ICO won’t work out.

Quick overview

On their website they state that they want to make cryptocurrencies easy to use and enabling the use of cryptos at PoS. They claim to be “part of a constantly worldwide growing community with cryptocurrency enthusiasts, developers and investors”. Now that is the most original and revolutionizing goal I’ve ever heard!

Really?

No of course not! They are basically a bad mix of Worldcore, Wirex and eBanking.

Why won’t Avesta work out?

To be honest, a quick glimpse at their website will suffice. I’m not saying that it’s appearance is a deal breaker, but it reflects the professionalism of the team. Furthermore, if you read what they wrote (provided you were able to understand the gibberish) you will most likely agree with me – they don’t have a clue what they’re talking about and its full of grammatical errors!

Let’s take a look at their whitepaper as an example:

The Avesta Whitepaper
Blockchain mining makes it “advanced”???

They have a bad team

It goes without saying that one developer won’t be enough to “make cryptocurrencies easier and integrate them into PoS”

Ridiculous roadmap

In its current state, Avesta will never be able to launch on Jan. 2018 – they don’t have anything yet, the “app” showcased in their app was probably made using MS Paint!

More?

I could go on and on, but I believe that my point is made. For a good laugh, you can take your own look at their site and try to find as many flaws as you can :)

Conclusion

Nope. This won’t work out. However, if you would like to invest in a similar ICO/Coin I’d suggest you read our articles on Worldcore and Utrust

Disclaimer: As all “Scam Alert” articles, these posts solely show the authors opinion. Please read our FAQ for more details.

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HUNTERGuinean Army Police Station KipeGuinean Army AirforceSnoopy doggRoyal Thai Police-Technology Crime Suppression Div Recent comment authors
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Guinean Army Police Station Kipe
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Guinean Army Police Station Kipe

Oumou Sow has been arrested yesterday and has been placed in jail.

Guinean Army Airforce
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Guinean Army Airforce

Oumou K S is a thief she has been stabbing people in guinea Conakry and the police is searching for her

Snoopy dogg
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Snoopy dogg

Suleyman is a dickhead and he fucks gay people

Snoopy dogg
Guest
Snoopy dogg

Wow he also has connections and apparantly he has been spreading the corona virus crisis in Asia?!!

The entire ASEAN and AFRICAN countries are searching.

Royal Thai Police-Technology Crime Suppression Div
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Royal Thai Police-Technology Crime Suppression Div

The Royal Thai Police – Technology Crime Suppression Division is actively looking for Aydin Farhoudi Moghaddam with the Belgium Nationality born in City Tehran Country Iran. The Arrest warrants issued are for crimes which involve a minimal prison sentence of 3 years and issued by the Royal Thai Police – Bangkok. This includes counts of Fraud and Laws on the Computer Crime Act. Mr. Moghaddam has fled the country of Thailand and is now a fugitive wanted by the Royal Thai Police. Any information available on the whereabouts of Mr. Moghaddam please report this to the Royal Thai Police or… Read more »

Avinash
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Avinash

Can’t wait to slice open Aydin Farhoudi that scamming fuck.
Anyone that brings his head i’ll pay 0.85 Bitcoin.

Scamyin
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Scamyin

Seems like Aydin is on the run. Little rat fuck. He’s too scared to go to thailand again. His wife just got a 2nd baby and he wasn’t there. What a fraud.

F. Farhoudi
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F. Farhoudi

Avesta MR. AYDIN FARHOUDI MOGHADDAM created a Thailand based Board of Investment to launder his crypto funds and other stolen funds.
And is currently fleeing an arrest warrant put out by the court for fraud, money laundering and forgery.
https://www.boi.go.th/upload/content/KN24NO63K38%20%20(Autosaved)_Eng_5b4d9b38ef079.pdf

With Belgium and Spanish Nationality (His Wife) is also implicated in the fraud. Anyone who knows the whereabouts of them please call your local police office.

D. M.
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D. M.

As a potential investor Aydin Farhoudi Moghaddam contacted me as we we’re acquainted from our Study period. He got me an offer to join his fintech company. Related to Avesta for payment solutions. We made a partnership contract both signed and I paid my part (big sum) to Aydin Farhoudi M. and after that he went silent and doesn’t hold up his end of the deal. Now a year after this deal still no word from Aydin, as I am pretty sure the money is lost and the contract fake. I would like to warn everybody to stay far away… Read more »

y
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y

aaaaaaaaaaaaaaaaaaaaaaaaaaand it’s gone