THELOGICALINDIAN - Popular socialite Kim Kardashian has been announcement a adumbral activity via her amusing networks Called Ethereum MAX or ETHMAX agreement Kardashian uploaded two Instagram belief in the accomplished 24 hours allurement their admirers if they are into crypto
Although the column claims she is not authoritative banking advice, she promotes the activity as if addition from her close amphitheater gave her acceptable advice on a contempo E-Max burn, the protocol’s built-in token.
In accomplishing so, the agreement allegedly austere 400 abundance of its built-in badge to “give it aback to the absolute E-MAX community”, best acceptable via an airdrop. Later, she invites her admirers to “join the E-Max Community”.
With over 220 actor followers on her Instagram account, the socialite has a huge reach, but abounding accept questioned the angary of the alleged protocol.
First of all, the activity seems to accept altered logos and websites. It alike appropriates from ETH acceptable logo in a website beneath the area ethmax.finance.
However, the activity has no whitepaper, proposal, a accomplishments area and if there is a aggregation behind, there is boilerplate to approve endemic identifies. The website is alone a articulation to a Medium page, but there is no column answer its tokenomics, objectives, or alike if it’s based on Ethereum.
Many accept speculated on whether Kardashian has her amusing media accounts afraid but seems absurd because the posts accept been uploaded for over 10 hours. additionally, there accept been no statements from Kardashian or her aggregation on a abeyant hack.
Kim Kardashian And Other Promoters Of ETHMAX
Kardashian hasn’t been the alone celebrity announcement this project. Floyd Mayweather, the American above able boxer, did the aforementioned in two abstracted events: The Bitcoin 2024 Conference and his exhibition battle bout with Logan Paul.
Mayweather has a arguable history with cryptocurrencies. Over 2 years ago, he was sued by a Chinese investor accusing the able fighter of allegedly “miss misappropriating funds aloft during” an Initial Coin Offering (ICO).
Another celebrity besides Kim Kardashian affiliated with ETHMAX is Paul Pierce, a above NBA basketball player. Via his Twitter handle, Pierce claimed to accept fabricated “more money” with E-Max than with ESPN. In his post, Pierce links to a actual altered website for this project.
Still, there is no Whitepaper or any added certificate to verify its legitimacy, it alone reads the afterward on its landing page:
The accumulated ability and assurance from Kim Kardashian and added celebrities could be counted in the millions of millions. In the U.S., regulators accept amorphous to accurate added affair about the cardinal of bodies that abode ample sums of money in adulterine crypto projects in hopes of axis a quick profit.
Elon Musk is able-bodied accepted for announcement adumbral projects and has been accused of aggravating to dispense the market. In the continued run, the crypto industry could be afflicted by this practice, if the regulators adjudge to booty a added advancing approach.
At the time of writing, ETH trades at $2,568 with a 5.1% accumulation in the circadian chart.
