GSPartners now a shitcoin factory, launches JONE token
When an MLM crypto scheme realizes its Ponzi token isn’t going anywhere, it’s common to just dump it and launch another one.
The idea is to create a new pump to bring in new bagholders to dump the original converted tokens onto.
GSPartners is the latest Ponzi scheme to rebrand itself as a shitcoin factory.
A visit to GSPartners’ website reveals the message “June is the magic month”. A timer below the message counts down to 17 days.
Based on leaked marketing material, GSPartners’ announcement appears to be tied into their yet to be launched JONE token.
The ruse behind JONE is tied to the J One apartment tower in Dubai.
J One was a project initiated by RKM Durar Properties. Construction began in August 2017 and finished in June 2020.
GSPartners is pitching their JONE token as a “unique way to redeem a hotel apartment business”.
The representation seems to be JONE floor space has been “tokenized”, something something here’s a new shitcoin to invest in.
Why does a completed apartment block in Dubai need to be tokenized? Because blockchain, that’s why.
Whether J One the building has anything to do with GSPartners’ JONE tokens isn’t even clear.
Even if we play devil’s advocate and assume it does, what does that even mean?
If none of this is making any sense of you, welcome to the MLM crypto space. Any excuse to get you to invest in some newly launched coin.
To help make sense of GSPartners’ latest marketing ruse, you need to look at their existing shitcoin, G999.
GSPartners launched after former Karatbars International executive Josip Heit spat the dummy and split.
Karatbars has its V999 token. Heit and GSPartners have their G999 token. Yes that’s as stupid as it sounds.
Since being dumped on dodgy public exchanges earlier this year, G999 pumped to 2.1 cents.
That was in February. Being a Ponzi coin G999 then promptly dumped to its current value of $0.004; less than half a cent.
And so we have Josip Heit running his Ponzi coin script again. And out pops JONE.
GSPartners affiliates will able to convert their worthless G999 token balances into JONE.
Presumably this will take place before the public launch in 17 days. After which new bagholders will be sought to dump JONE tokens onto.
From there you need only look at G999 back in February to see what will happen.
JONE will be dumped on the same dodgy exchanges G999 is on. There will be an initial pump, cashing out and the dump.
How many shitcoins Heit launches will probably be determined by how many new JONE bagholders jump on board.
I’ll check back on June 27th for an update.
Update 18th June 2021 – RKM Durar Properties has denied any knowledge or association with GSPartners and Josip Heit.
Give them 1337 USD and you get a square foot.
youtu.be / AvtXPYiSOJY?t=582
Wow! I can be a LEET real estate mogul!
youtu.be / AvtXPYiSOJY?t=570
(I changed the time code because t=582 is just after the screen with that number.)
I can’t believe $1337 was accidental. Their little “in” joke? (1337 is code for “elite,” because of what it looks like upside-down.) Just…why?
So the GSPartners marketing narrative is:
“Hey, you know that launch we had last year? Yeah that doesn’t count.
We’ve got a new shiny shitcoin so let’s pretend our reboot is our first launch lulz.”
GSPartners launched. As far as Ponzi schemes go it flopped. No amount of relaunches with new shit tokens will change that.
Nor will cElEbRiTiEs In DuBaI oMg BuRj KhAliFa!
You have to hand it to them,when it comes to sticking to a brand (relatively) and re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-re-using stuff + adding a little sugar on top the dipshits from Karatbars/Freebay/KCB/KBC/V999/G999/Gold Standard Bank/GSPartners have it down to a fine art.
Which can be distilled down to:
*HEY GUYS LETS a)copy a crypto, b)steal an idea or c)buy a cheap whitelabel product and rebrand it.
*Add “Gold” somewhere in the name/description because EVERYTHING WE DO IS GOLD-BACKED GUYS (kinda, well not really, shh).
*Put “Blockchain” in the marketing material because BITCOIN MOON SOMETHING.
*Call it the BIGGEST LAUNCH EVER again.
*Don’t forget to put SUSTAINABLE PASSIVE INCOME every 5 sentences and every slide.
Cue Andrew Eaton, Brendon Earp-Jones and Bruce Hughes triple-fisting that little piggy as the future of passive income for everybody till it flops 2-12months later.
After they collected their profit of course.
Another shit-coin Ponzi scam that the cult-minded idiots like Golden Independece will buy up in droves!
Golden Independece was talking about Qubitlife only a few weeks ago, saying what a great opportunity it is. Several weeks later and he is now avoiding talking about it! Funny that!
Rats are jumping off the sinking ship. Golden Independence has changed his tune on this one.
youtu.be / zY6EsUoTsPA
Not wanting to be out done Harald Seiz is also launching a new coin, lifebase.
A cryptocurrency based on bL0cKchAin and backed with gold. Sounds familiar.
facebook.com / 100044599652017/posts/336850887811564/
Literally shitcoin scripts they just run on a whim when the Ponzi and existing shitcoin inevitably goes south.
I don’t know what’s more depressing, the regulatory inaction over this rubbish or the dullards who continue to fall for it.
Seems J One(RKM) doesn’t know who Josip or GSB is,and are lodging takedowns
Gotta love it when legitimacy via association attempts blow up in scammers’ faces.
IN THE G999 telegram community , the majority seem convinced that in the next week the coin will hit $0.1c. Everyone is being encouraged to buy and hold.
0.01 came and went back down, let alone 0.1 hahaha.
Seems JOne’s gone and been pivoted to XLT
Thanks for that. Will add to the news list.
The whole thing is a joke. I invested very little to test the water. Brief: Nothing but problems. Complicated to deposit, withdraw, convert, etc. Over complicated.
For example, had to download several apps to get things running. Attempted to leave. So far no success after 6-7 hours of trying to figure it out.
My “rep” is useless is ignoring me since I’m trying to leave. Attempted to contact the company via the website. Still nonreply after a week.
The website also advertised using their Telecom app to chat with the companie’s support, but you have to buy time with G999 coins to be able to use the app. What the hell!?!?
This is a racket. My advice if you want to invest in crypto, use popular platforms. I happened to invest with (removed) to spread my investments since I did not fully trust GSPartners G999.
Deposits and withdraws were drastically easier. Boom boom done in a few minutes.
Lost half my money in G999 over the last year. Do not be fooled and take your hard-earned cash somewhere else and stay away from these clowns.