Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
by
truxton
on 07/04/2017, 12:13:10 UTC
Cosmos raised 17 million today in ICO. It's a steal that this is less than 10% of that haha

The general consensus on Cosmos seems to be this:

How you do that,collect such money in short time?

by negotiating with VC funds in advance, getting the partners to agree the deals, postponing the ICO date until they are all ready, and then hiding the hard cap from the 'open' market to snap shut this pseudo 'ICO' instantly (this was no ICO). this was a publicity stunt masquerading as an ICO.

Anyone with a belief that the next web should be truly open and decentralised should shun this project. it's a trap.