One of the most distressing reports from this ordeal is that the implementation of the Engagement Token hasn’t taken place on any of the Platform’s websites. It is alleged that ENGT has taken their investors’ funds and showed nothing in return.

Investors have reason to believe that the most recent comments, published in a report by ENGT International (the owners of Engagement  Token) paint a clear image of failure and offer little more than a bleak outlook on the continued performance of the token.

In their words:

“… we are struggling with having people respond to an incentive of earning Engagement Tokens.”

Reports indicate the base foundation for the conception of the Engagement Token was the aim to revolutionise how online publishing and ad revenue works; it was designed to increase user interactivity and eliminate elements such as “malvertising”. However, it is alleged that this idea dwindled rapidly and failed to expand across a wider network right from public launch.

It is alleged that ENGT International talked a big game, proposing a thriving ecosystem in which publishers, users, and advertisers could work together in harmony, but the end result was firmly non-existent. Reports indicate that in less than a year it had reduced to a mere fraction of its proposed worth.

It is alleged that ENGT International have failed to offer practical advice or recommendations for moving forward with Engagement Token. Reported statements include;

          “… hunker down for the long term.” 

“We are contemplating additional partnerships and again will inform you as soon as concrete action will be taken.”

“It is tough to find a well-performing project in the market.”

It is alleged that they were blaming the poor performance of ENGT on the performance of the market as a whole and offering very little confirmation of developments or innovation to counter this fact. It is alleged that all ENGT set out to do was to fool investors out of their capital to fund their own activities.

Reports show that Engagement Token now exists merely as a simple exchange with none of the aforementioned white paper promises being realised and it is suspected it will likely remain that way until all value is lost.

Reports show ENGT promised a high-performing product that would integrate seamlessly into a well-established platform and benefit millions of users, designed to:

• Promote user interactivity and engagement.
• Provide a platform that a wider network of websites could use to ensure a better user experience.

It is alleged that, quite simply, these goals are illusionary and have never been realised. Reports show ENGT International have provided no evidence that shows progress in these areas. However, they have stated on multiple occasions that many aspects of the endeavour aren’t performing as well as they desired. This is an understatement, of course as reports show there has been no visible return for the investors who helped to fund this project a year ago.

To date, reports confirm there’s no recognition of these goals on any of Engagement Platform’s websites, and it is suspected there likely never will be. Not surprisingly, reports show that Engagement Token is labelled as a scam in all social media.

To clarify: if ENGT was to be integrated across a range of top-performing websites and wasn’t, then the token is completely pointless.

Reports indicate all aspects of the endeavour have shown exponential and severe decreases in performance, from the value of the token itself to online interaction and communication by the ENGT team.

Coincidentally, it doesn’t appear that there could be any respite for ENGT in the near future, as it has been reported that the team are having extreme difficulties in locking down any profitable partnerships. This concern is exacerbated by reports that even if they did secure partnerships, the Engagement Platform could be made null and void by users simply employing adblocker software.

A final allegation is that there was never any need for an ICO here – if Engagement Platform needed a method of payment, they didn’t need to make a new token as plenty exists in the current market for adoption. It is therefore alleged that this existed purely as a cash grab scheme.

Reports indicate that ENGT International have made it exceedingly difficult to obtain any knowledge of their expenditure, as their sporadic updates are vague and distant, disregarding any comment about the monetary aspects of the organisation. In essence, it is alleged that they’re hiding any evidence of their finances and are batting away any queries into the status of the project.

Currently, investors report having no idea of the future of ENGT as the company is failing to provide a timeline, roadmap, or any concrete expectations. It is alleged that ENGT received large funding from eager investors who were ultimately let down and conned by an organisation that has been unable to realise their promises.

The meagre advancements that have been reported all seem to be internal; it is alleged that these are designed to further themselves as opposed to the project as a whole. Reports suggest not a single dollar raised has been spent to fund the project and that there are no signs of any active users currently involved in their sham of a project.

It is alleged that there is no sense in the Engagement Token, as there are many more reportedly reliable coins available, waiting to be adopted.

It is alleged that the Token itself is simply a duplication of a standard ERC20 token. 

Reports show ENGT has lost 99% of its value in the space of a year and has produced absolutely nothing to show for the 30m USD publically invested in the project. It is alleged that the goal and promises stated in the white paper remain unrealised and investors have reason to believe that ENGT will not endeavour to make amends at any point in the future. Investors report flippant with their updates and paltry explanations as to their shocking levels of performance.

We urge any ENGT holders or users who have suffered financial losses to join our class action with complete and clear confidence.