Re: CHESSCOIN ANDROID APPS COME SOON - ICO LIVE

Quote from: letsplayagame on July 04, 2016, 03:09:52 PM

https://twitter.com/ChessBTC/status/749981017310695424

Avoid Chesscoin. Tons of red flags:

1. Greedy ICO model with trading happening on Yobit before ICO has ended
2. Social media signature campaign, and strange relationship with BellaCoin while ICO is still running
3. ICO funding page and BCT announcement are very unprofessional. No evidence they have the competence to create a site similar to chesscube.com as they claim: https://bitcointalk.org/index.php?topic=1510517.100
4. Anonymous or pseudonymous online chess tournaments with significant prizes will not work due to the strength of chess engines today
5. Even if they could build the chess playing platform they describe, Chesscoin would add no value. Bitcoin would work just as well. BTC network effects are far more important that any chess "branding" of a cryptocurrency
6. You will not find one well known chess player, tournament sponsor or chess website to endorse Chesscoin.
7. This project is appears solely designed to make money for its "developers" and will do more harm than good for the reputation of cryptocurrency within the chess community

You compare the project with the DAO, LSK, Waves ... obviously you're right.
But things called professional has done nothing.
Luckily when LSK profit in ico.
But DAO, WAVES, RISE ... not so lucky.
All those promises do not come true
All Maybe just for the money.
What happened showed that the development team needs to chess than others.
A small playground on yobit, can be removed at any time with only 0.2 - 1 btc. And everything will return to normal.
And chesscoin will go to the moon.