Got some feedback from Estonia and Latvia on Asicvault. There has been at least five similar scams generated by Asicvault's CEO Hando Eilsen. Tens of his partners and investors have lost money investing in his "100 times better" or even "1000 times better" schemes: search engines, internet casinos etc, and the wallet here (hopefully some relevant court cases will be available for me soon).

But the worst thing is that Asicvault proceeds with selling non-existent product and tricking people into buying it. Judging by the previous schemes I guess the point here for Asicvault is to get money from new investors. That's why they still try to suppress any negative statement in social media and show the bogus as a real product. Maybe the Asicvault team believes it can pull through with the new money and finally release the product - but in fact they are just packing the pockets of a notorious scammer.