Frederic Dembak's Metaverse of fake promises
Frederic Dembak, owner of Earthium, made lots of false promises regarding this project. He blocked users now from withdrawing their cash dollar currencies from their Earthium account, and forces them to accept compensation tokens in a future project. Now the website is offline, and the REKK cryptocurrency that the players were earning was disabled by Frederic after he "claimed" there was a hack of 100k dollars. Few weeks after this so-called theft of the game's crypto wallet, Frederic was already advertising a new banking app. This to me proves that Frederic, did not have his wallet hacked, but masterminded the whole thing himself. Who would feel confident to bring a banking app to market, if they had one hundred thousand dollar stolen from the finances of their own project?
Here are some of the initial fake promises, that Frederic used in his Earthium brochure, to pull in players:
Gameplay - It’s a fully planned game from the start, with a background, some Tech Trees (Civilization style), resources, quests, leveling up systems and houses (guilds)
Cryptocurrency - It has its own Cryptocurrency from day one! You can gather REKK by buying lands, discovering Treasure Chests, fulfilling quests and many other ways. REKK can be used in-game or just traded in the crypto market. Earthium allocates 40% of its revenue to invest in real world assets then reinvest 100% of the proceeds to buy REKK on the market. REKK is then a new kind of Reali-ty-backed cryptocurrency, more and more valuable.
Team, including contractors, full-time equivalents
Frederic Dembak - Le Strat, entrepreneur since 1998, business angel since 2008, CEO of Alterneum / Earthium, in charge of the game content and storyline, managing an international team of 8 full-time persons covering different time zones to create and develop this content.
Laurent Rak, Jack-of-all-trade developer since 2011, working with Frederic since 2016, in charge of the technical part of Earthium, managing a French team of 4 persons + 3 technical supplier companies.
Christophe Connille, President of several NGOs gathering young professionals of the Finance sector, specialist in finance innovation, invested around 1M$ in several companies created by Frederic since 2016, and working with him since 2017, managing an international team of 3 persons to develop the financial part of Earthium.