Re: [ANN][Qtum]UTXO based POS Smart Contract Platform

Can someone show evidence that this is a scam project? or this is only accusation without any proofs.
Thanks

Nobody is accusing the project of being a scam!

People are making allegations that Patrick is a known scammer previously operating under a different alias.

It is up to you whether you trust your money to someone with questionable history.

It is besides the point that large companies and other backers have done (albeit weak) due diligence.

Moreover, it is a greater concern if following their due diligence process, they consider it "not a concern" regarding his history, in which case, should further evidence be unveiled that Patrick is indeed guilty, then their association with him would be a major detriment to themselves as well as all parties who may know the truth but choose to side with him for the benefit of themselves.

You are right, no one accuses this project is scam, but accused the co-founder of qtum was a scammer. But I think it won't affect a lot of funding, because people don't only invest him, right?

Where did you learn about Investment? When investing in such an early stage it is the founders abillity to give you roi you gamble on. This is a dealbreaker for QTUM.

The "backers" are the only people who have a clear picture of how they will ROI.

Do not confuse participating in an ICO as 'investing', it is at best a speculative gamble, at worse, a donation to line the pockets of people who have no LEGAL binding to deliver anything at all.

Ironically, the whole point of building smart contracts is to build a form of governance and algorithmic accountability. None of which has been used here to give "investors" any form of security or hold the party selling the asset liable.