One day I received information about the pre-sale of tokens by an unknown company AlgoTech (ALGT), which is to become a competitor to BLUR and Celestia (TIA). Encouraged by the quite high demand and the sale of ALGT tokens, which after two days reached the level of USD 1 million, and at the time of writing this it is already over USD 2 million, I decided to take a closer look at this project.

Registration process and inconsistencies - Minimum package $25 as I purchased for $1!

Registration went smoothly, I connected to my wallet and purchased $1 as a trial. Here I already had doubts about the professional approach of this company, because the regulations clearly state that the minimum purchase package is USD 25. Why does the system allow such transactions? It is not the end.

Calls from California and emails explaining - is this professional?

Unfortunately, the attempt to make another purchase, a 25USD package, failed because the system was unable to generate either the amount (BNB in my case) or the BNB shipping address. It got interesting. The next day, someone from this company from California called me twice and I received this message via e-mail.

Broken links on the website

I decided to take a closer look at the strategy of this venture, but unfortunately it was not possible. Each attempt to click on the icons redirects you to an external website, requiring you to log in again, which does nothing and causes a loop. Unfortunately, tech support only answers the questions it wants answered.

Promotions like at a village market 20% 10% and 15% - they deceived me

The next day the problem was resolved and I was able to purchase the package for $25 with a +20% discount. That's nice. The next day I decided to buy more tokens, this time for USD 5 and after some minor problems I bought it with a +10% promotion. How surprised I was when I saw a few hours later that there was now a +15% promotion! It seems to me that I have been fooled - it does not bode well for this project.

I reached the https://algotech.ai/ project itself - my eyes popped out of my head.

An unfinished page in Hebrew appeared on the screen in front of me. A kindergarten child will make such a piece of crap and it will manage your cryptocurrencies!!!

Creator of the project https://yazame.com/

I followed suit - I looked at the website of the creator of this masterpiece https://yazame.com/ and looked at his portfolio. There is not a single serious company there that would use this man's services.

You can say that I'm nitpicking, but this is a company that is supposed to deal with your assets! I hope you will think twice before spending your hard earned money. I invested USD 30, but for now that's probably all I could lose.

AlgoTech tokens (ALGT) - a sure profit or a clumsy scam?