Encore Investigation
Core has been a latest trend in DeFi movement and that obviously makes lot of people wanting to cash into the new Fad. So was Encore born made by a 14 year old kid (Allegedly) known as 1andonlypika. He also is supported by another 16 year old named Iron (aka IronBlacksmith) whose the moderator in the group and assumingly real life friend of 1andonlypika based on what it seems like...
Pikas first project seemingly was a GPT/PTC site that managed to collapse within 3 months of its launch, making it seem that hes expertise on the field aren't enough to run a long term project. While its not problematic to run sites that later turn out to be failures, its a testament regarding ones leadership ability and overall ability to run projects..
Hes problematic past on the fact that he has carder past (maybe active one still) where hes looking for credit cards to sell on black market or to use for his own gain to buy stuff at roblox or just plain right play them on a casino. He also has another account on other carder site, showing that hes been around in the industry apparently.
1andonlypika and person known as Jared Grey (Who seems to be a business partner) have addressed doxxing of pika, which we haven't done. Due to the fact that Pika himself actually revealed his own name and email on microsoft support forums...
So that claim has been debunked. You can check the of the source here https://www.windowsphoneinfo.com/threads/task-manager-shows-using-80-memory-only-displaying-me-using-less-than-1-gb.293885/
Apparently pika also has bans from other communities of excessive shilling, these are just examples of himself not obeying rules really and makes you question should such person be in charge in the first place.
Another sketch site that 1AndOnlyPika has been part of in the past. Doesn't strike me as honest person.
Also apparently PnD is not a problem for pika, its apparently not illegal :S but hey what do i know about the law right? Moving on..
After the video surfaced the team started to ban people for asking questions regarding the project. But according to Jared Grey "You don't make it in crypto being apologetic" so i guess you have to move on if problems occur. (Btw they did issue Medium post, which did not address anything about pikas carder past).
So that is good intro into people leading the project, but now obviously we have to talk about some of the technical side of things. Obviously you can in theory have a team that is not great, but code can be perfect or possibly something that people can trust on. However i would argue some of this trust was indeed violated, since there were sketchy alterations on it as reported by PussyJuice.Eth on twitter.
We also have found that developers or a whale did a purchase of the token, using this exploit above. We're tracking some of its movements as of right now and it does look very sketch as of right now.
So here is basically our wrap up there is tons of "interesting" chat logs we have archived from Discord and telegram where they ban people.. I didn't want to burden this thread with too much offtopic stuff, but lets say there is LOT OF claims among other stuff said by the team, which has pissed off some investors as of right now.
Obviously as you guys know, i never been paid on investigations before. Ive received tip or two during live's in superchats but thats pretty much it. It's pure pro-bono work really and in exchange for uncovering these things i get legal threats a lot and people issue campaigns on the videos like Pika has here below issued reward for disliking the video above.
If you want to support my work and future investigations consider throwing tokens into this address below.
Ethereum Tip Address - 0x0eCddcF41754360AB129d7Ca4c8ABf220F9c32BD