Hydra announced ICO

[Tomcat]

The darknet platform for the sale of prohibited goods Hydra announced its desire to enter the ICO and launch a transnational decentralized platform to which the collected funds will go. It is reported that for these purposes, 49% of the share of the Hydra Onion project will be put up for sale, expressed by the release of 1,470,000 tokens (the starting price for one token is $ 100; 100 tokens give the right to receive 0.00333333% of the project's net profit).

Moreover, the administration of the marketplace has already prepared and published an investment memorandum, which states that Hydra "is in the TOP 10 of Russian Internet companies", promises token growth by 700% in the first six months of operation, and also claims that the marketplace previously contributed to the elimination of competitors in face of projects RAMP, IKLAD, BLACKMARKET, SOLARIS, RuSilk.

“The elimination of all large foreign shadow markets has created a certain 'vacuum' in the international trade space. A consequence of the technical vulnerabilities of the TOP network is the degradation of technologies for the sale and purchase of surfactants. There is a clear need for a technologically advanced and secure international high-level organization site similar to the Hydra project.
We have proven our effectiveness as the most stable, professional and aggressive project, whose authority and leadership are absolute. We are ready to suppress any resistance that may have a negative impact on the future of our projects, ”reads the document.

Also, the administrators of the illegal trading platform promise to create an anonymous AspaNET network that solves the current problems of Tor, a HatchService service for creating AspaNET access gateways, as well as a platform for the exchange of LocalPoint and GlobalPoint cryptocurrencies. The new project reportedly will use the IronRat AI and the advanced Whisper LS system.

The journalists ForkLog asked for comments about what is happening to the experts, since the announcement of Hydra administration has already attracted the attention of law enforcement agencies and not only. Thus, the publication's own source in law enforcement confirmed that Hydra was helping law enforcement officers in closing the above darknet sites, and said:

“The Hydra ICO project is populist in nature and seems like the screams of a wounded animal, as law enforcement agencies have carried out a number of events that have complicated the drug trade on the territory of the Russian Federation. In general, the initiative of the organizers of the Hydra site is being considered absolutely seriously, measures are being taken to prosecute drug trafficking.
Users who have installed gateways on their computers to provide anonymous access will be breaking the law. As an example, we can recall the story of mathematician Dmitry Bogatov, who was prosecuted for hosting a TOR browser “node”. The same applies to services for the exchange of cryptocurrencies obtained from the sale of drugs. Legalization of proceeds from crime on the territory of the Russian Federation is criminally punishable, "the source says and adds that there is no liability for investments in ICOs on the territory of the Russian Federation, but taking into account the latest government initiatives to tighten the fight against drug trafficking, it is likely that funding will prosecuted in a manner similar to terrorist financing.

The head of the public organization Roskomsvoboda Artem Kozlyuk notes that the owners of Hydra will certainly take care of ensuring a high degree of anonymity for their tokens:

“Often everything is decided by the human factor. Or the shadow investors themselves will leave digital traces that can then be compared with their personality, as was the case, for example, in the story with Silk Road. Or, if information about investors is centralized, there will be risks of leaking compromising evidence to individuals. However, the black market lives by its own rules, and its players fully understand all the risks and threats that may follow from participating in such activities."

Also, users, journalists and experts warn not only about the possible risks of this ICO campaign, but also note that all this may turn out to be an ordinary exit scam and trolling. And it is worth emphasizing that Hydra and its operators are engaged in illegal activities, and the implementation of the investment memorandum will endanger also users, since communication transmission technologies created to commit crimes are equated with the use and distribution of malicious computer programs.