I will wait to see what they do with the team fund when it unlocks at the end of April before counting this one as a broken promise.
And how do you see what they do with the team funds ? When it unlocks ? those funds were locked? Are you sure? Or you just strongly believe this without any real proof ?
So between "Devs having inside information traded those funds like crazy having already 3-5x profit" and "Devs are correct, we can surely trust them they locked the private key in the piggy jar until end of April" you choose as the most likely answer the latest ?
Could've been so easy to setup ... an address whit only one transaction 13M in ... no transaction out untill end of April, that can be checked publicly.
This address holds the 13M ICN dev fund + all the unwithdrawn ICN from the ico platform.
https://etherscan.io/token/ICONOMI?a=0x29d38fdf26d64fa799276e6615759d27db1f1fcdIf they withdrew portions of the 13M ICN to trade with, then there's no way to put it back into the address without us seeing it on the blockchain. (Deposits to the ico platform aren't possible, so there's no reason to see any deposits going into that address)
So at the end of April, we should see exactly 13M ICN withdrawn from that address, no less.
If they wanted to trade on inside info, they would have put their own BTC & ETH into the ico anonymously, then used that ICN to trade with. If that did happen, then I don't think there's any way to prove it, and it's also a common thing for team members to put personal money into their own ico then use the coins to trade. There's nothing wrong with that as long as the ETH and BTC they put in goes towards paying for the project along with everyone elses' money instead of going directly back into their own personal address.
This is an issue with every ico. It involves trusting the team to not run with the money or dump the price below ico with a "double-dip" move.