Just another crypto scam. - Software Engineer Cake Group Employee Review

1.0
3 Nov 2023
Recommend
CEO approval
Business outlook

Pros

The salary WAS the only good thing about this company.

Cons

This company is another scam. The CEO is a tyrant who wants to control every employee. They recently got from unlimited leaves to 20 days leave. They make people doing OT all the time and scare them by threatening to fire them. They also made remote work almost impossible (just impossible outside Singapore). They don’t care about the community. They are releasing a feature (EVM support) just to make the community forget about the horrible path of DUSD (their stable coin that equivalent to 0.16 USD). They are scamming existing customers by changing the existing plan to remove benefits and hope that the community doesn’t notice it. They are also managing most of the masternodes of the chain which is a joke for a company that claim that they are fully for decentralised finance. There is a possibility for the community to vote for proposition concerning the future of the chain (on chain governance). For every decision if they agree or disagree with that they can manually change the outcome of the vote since they control most of the master node. A company that manage a blockchain cannot build a product on top of it. It will be always in favour of the company and not in favour of the community. If you have money in that please leave.

Explore other reviews about Cake Group

5.0
22 Mar 2024
Recommend
CEO approval
Business outlook

Pros

-competitive salary -good team -open-minded people

Cons

location of the office, office work

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Cake Group Response
1y
Thank you for your feedback. We're glad that you appreciate our competitive salary, supportive team, and open culture. We understand that our central office location can be challenging for some. We're continuously looking for ways to improve our work environment and make it more convenient and comfortable for everyone. Your feedback is valuable to us as we strive to make our company an even better place to work. If you have any further suggestions or concerns, please feel free to reach out to our HR department.
4.0
3 June 2026
Recommend
CEO approval
Business outlook

Pros

Great management and team support

Cons

None that come to mind

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