Who are Businero.com and why should you be concerned?

Website | Twitter | Medium
Address | Ozo g. 12a, Vilnius 08200, Lithuania | Technopolis
Phone | ?

Businero.com is another spinoff from Vertex JSC where the members that formed Astrone.xyz have now formed another company called Businero.com. Astrone.xyz was started in August 2018 when they left Vertex JSC in the middle of another ICO and now a few months later they claim to have started Businero.com.

There are multiple warning signs regarding this business. For a start the business was added to the LinkedIn profiles of the team members in May 2019 but on LinkedIn they claim that the business has been operating since 2018 and the start date for all the employees was added as October 2018. And of course that the team members are starting or moving to companies on a regular basis and abandoning the Birdchain ICO.

Unsubstantiated Claim

Businero aims to create a financial instrument to help Europe releasing more unicorns. It is a muliplatform where startups and older companies could prepare to attract investments, get funded, and launch their IPO. Investors would also be provided with additional tools for DD, startup progress tracking, and liquidation earlier, if desired.
Part of the platform is created in cooperation with the Bank of Lithuania and IBM. Together we are implementing the LBchain project.

Marius Petrauskas

Company

The company behind Businero.com is Astronautika UAB and the director is Marius Petrauskas who is the CEO of Businero.com and the CEO of Astrone.xyz and formally Chief Marketing officer of Vertex JSC. This company however is the company registered for the setup of Astrone.xyz and Businero.com is using this name purely as they are just an offshoot of Astrone.xyz.

Registration code | 304904920
VAT | LT100011837911
Manager | Marius Petrauskas, direktorius
Address | Perkūnkiemio g. 13-91, LT-12114 Vilnius
Employees | 5 people (insured)
SS insurer code | 3287705
Average salary | 580.00 € (2019-03)
Social insurance taxes | 641.75 € (2019-03)
Company age | August 2018

On the Astrone.xyz website they show Businero as a website they are developing that is coming soon.

Astrone.xyz Website

Team Members

LinkedIn shows the follow members to be involved at Businero.com.

  • Audrius Vrubliauskas
  • Arminas Keraitis
  • Tomas V
  • Marius Petrauskas
  • Martynas Račkauskas

The domain name was only registered in January 2019 and only for one year. Aside from the misleading claim that this is an older business why only register for one year unless you plan to let the domain lapse like other scam cryptocurrency operations from Lithiania have done recently for example Blockchain Open Fund.

Domain Name: BUSINERO.COM
Registry Domain ID: 2349370362_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.tucows.com
Registrar URL: http://www.tucows.com
Updated Date: 2019-01-03T17:08:14Z
Creation Date: 2019-01-03T17:08:14Z
Registry Expiry Date: 2020-01-03T17:08:14Z
Registrar: Tucows Domains Inc.
Registrar IANA ID: 69
Registrar Abuse Contact Email:
Registrar Abuse Contact Phone:
Domain Status: ok https://icann.org/epp#ok
Name Server: NS1.HOSTEX.LT
Name Server: NS2.HOSTEX.LT
Name Server: NS3.HOSTEX.LT
Name Server: NS4.HOSTEX.LT
DNSSEC: unsigned
URL of the ICANN Whois Inaccuracy Complaint Form: https://www.icann.org/wicf/
>>> Last update of whois database: 2019-05-09T00:44:05Z <<<

Website

The website has no content.

Twitter

The first message was sent on January 2019.

Medium

The first Medium article was posted on the 19th of January.

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