Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [BCAP] THE FIRST DIGITAL LIQUID VENTURE FUND - BLOCKCHAIN CAPITAL FUND
by
4theppl
on 08/04/2017, 22:33:01 UTC
Why is nobody thanking Gleb?
I'll start: Thanks Gleb for doing due diligence.

Funny how the list of ICO's you mentioned (Humaniq, Wetrust, Taas) all rang big bells for me, more intiution than anything.
You know how often you'll have these companies with VC investors grow really big and the investors want to cash in? They'll go public and dump on the public.

So for this ICO (BCAP) the first question that popped into my mind was:
Let's imagine I have a FUND which invests into different startups and I want to either cash out or just get rid of my bad positions. Wouldn't it be great if I could just find a group of random anon people on the internet eager to buy the stuff I want to dump? If only there was a thing like an ICO.. oh wait there is!
So my question is how can we be sure this isn't what's going on here? Please clarify.

Also as per list of questions to ask an ICO:
1) Is there a prototype or code?
No because there is no software to release
2) Where do the funds collected in the ICO go?
No answer yet
3) As for people involved, advisors don't count, yet I see a big list of names that "liked"  the project, or advisors
4) are they building a community around their idea?
No
5) Is this idea something that could not be done without blockchain tech?
No , it already exists, ETF's, stocks, hedge funds, etc.

They ONLY part that requires a blockchain here is the ICO itself. Funny.

I can't imagine why people are still replying they want to be part of this ICO. DOn't you guys read the thread?