Electricity hater from Russia launched crypto exchange

Religious billioner from Russia, gay-, electricity- and scientist-hater launches a "real-world" cryptocurrency exchange
26 August 2017   910

German Sterlingov, well-known Russian businessman, electricity and scientist hater, announced the launch of his cryptocurrency exchange.

Exchange will be called "Alisa". There will not be any fees, but the entrance isn't free.

In the early 1990s, there was the exchange" Alisa ". Something was similar - as the legislation on a number of questions as now on cryptocurrency has not been settled too. There are nostalgic parallels. We decided to call again "Alisa" and even opened on Leninsky Prospekt.
 

German Sterling

Alisa, Founder

Also, some interesting information can be found in the "manifesto".

I inform everyone that while all the Crypto currency is nothing more than a vulgar pyramid and it will collapse. The point is to use bitcoins, as a gentleman uses a prostitute.
So, the purpose of creating the 1st Moscow CryptoExchange:

  • money doesn't go away from Russia;
  • Russians get money abroad as much as they want;
  • Bitcoins irresistibly flow into Russia and then return back from where they came;
  • Crypto-Berge eventually becomes governmental.
  • People stop participating in financial pyramids - they just sometimes use them, if necessary, for "five minutes" (see above about the gentleman)
     

German Sterling

Alisa, Founder

Also, main "feature" of the exchange that is not digital - it is a real world exchange in a building in Moscow. 

German hates electricity and scientists, which he calls "wizards". He published Life after Electricity novel and runs own website where he publish his thoughts and views.

Additionally, German runs a store chain of natural eco products,where gays are banned.

Users Suspected RusGas of Scam

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol
07 December 2018   97

The RusGas cryptocurrency project (RGS) demonstrates disturbing signs and releases new tokens in excess of the pre-set emission limit, Cryptovest reports. With an aggregate capitalization of $ 117, RGS trading volume for the last few days is $ 35,000. Events unfold against the backdrop of promises made by the project organizers about the upcoming restart.

Most of the RGS trade is focused on the Crex24 exchange, which has a daily  of $ 700,000. RusGas had a daily volume of several million dollars in its best days, which already then caused questions about the authenticity of this value.

According to CoinMarketCap, RGS emissions are limited to 10 billion tokens, but Etherscan indicates that currently 298 addresses contain 860 billion RGS. The rapid growth of emissions was recorded in recent days and hours. The largest wallet contains 99% of all tokens, which is probably the crex24 wallet. The developers themselves explain these movements to the next restart.

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol(PRL), when the additional issue feature was used in a smart contract.

The likelihood of such an outcome is a characteristic feature of projects based on the Ethereum protocol, which allows additional emission of tokens through a smart contract at the discretion of its owner, not to mention other vulnerabilities that cost investors a lot of money.

RusGas is based on the idea of ​​using tokens and blockchains to optimize the Russian gas industry. Despite the dubiousness of the project’s mission, the data on the network indicates that in April of this year he managed to raise $ 2.2 million for ICO.