Entrepreneurship Beware of Scams: Unveiling the Beautiful "Facade" of 200 Deceptive Startup Projects

by yyusk on 2009-08-13 13:27:04

1. Ganoderma lucidum cultivation: The technology is real. However, scammers have inflated the purchase price by tens of thousands of times, claiming that planting 2 square meters can yield an annual income of over 100,000 yuan. They also come up with buy-back contracts, which are all just a facade.

2. Cordyceps sinensis: The technology is not yet mature. Currently, only the Northern Cordyceps (a type of fungus similar to Cordyceps sinensis) has been successfully cultivated. Even now, the most authoritative scientists are still in the experimental stage, let alone large-scale promotion. Scammers, however, claim that it is suitable for both northern and southern climates, and that anyone can do it regardless of soil quality. It's pure nonsense.

3. Monthly fruit-bearing strawberries: No management is required; you just plant them in the soil and wait to harvest the fruits every month. Such strawberry varieties do exist, but they fall far short of what is claimed. This is purely a case of seed hype.

4. Medicinal herb planting: In order to swindle money, scammers exaggerate about some rare or valuable herbs, talking about signing contracts and guaranteed buy-backs. In reality, the seeds you receive either won't germinate or have an astonishingly low survival rate. It's a big scam.

5. Aloe vera planting: It does indeed have high nutritional and medicinal value, but there are very few units that actually buy back the product. Most units that use large amounts of aloe vera already have their own planting bases. Scammers just want to sell their seedlings.

6. Chinese Black Guinea Pigs: The project is fake. The name "Chinese Black Guinea Pig" was completely made up by those with ulterior motives. They are actually guinea pigs. Scammers give these worthless animals a new name, calling them rare species to mislead operators, thereby making ill-gotten gains. They sell seedlings and make money from them.

7. Ant wealth: Scammers claim that one nest contains over 100,000 ants, and raising ten nests can earn you tens of thousands of yuan. It's all a scam.

8. American frogs: The project is real, and the market prospects are good as well. However, it is difficult to find genuine American frog seedlings in the Chinese market. Those so-called seedlings are almost all self-cultivated.

9. Wood frogs: They are treasures of Northeast China and can produce wood frog oil, but they cannot be raised everywhere. Don't fall for the scam.

10. Spider venom extraction: Spider venom is indeed precious, but no one wants the venom extracted by ordinary people. Moreover, not all spider venoms are useful. To put it bluntly, it's still about selling seedlings or technology.