Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Λ (APX) APX Ventures | Ubiq-Secured | Crowdfund + Escrow via Bittrex ✔ |
by
samspaces
on 21/04/2017, 00:52:37 UTC
Expecting 300+ BTC to invest into mining with ~3 months to break even is bleeding from a couple of holes:
 - 3 months to ROI is pretty much impossible (even with free electricity) and even with a magic miner it's not sustainable;
 - even if it were true, why would anyone sell/share their golden egg laying goose?

A crypto reviewing service sounds like a noble idea (if it's not susceptible to corruption) but I don't think it warrants even a fraction the amount that is asked.


"This is not your ordinary cloud mining operation"

It sure does sounds like it though; overpromising with some sprinkles on top of it. The whole project seem to ask way too much for way too little to me.


"Through Crypto Review we hope to mitigate a large portion of risk that is commonly found in the blockchain space"

Oh, the irony.


Anyway, just my 2 cents.

Agree with all of the above and while I know the guys involved have solid reputations, sounds like a half baked idea lacking detail or vision.


Agree with this. I get that you'd like to make crypto your daytime job, but this is (just like most ICO's) asking way too much for way too little and on top of that a waiver for following through (again, like most ICO's).

creating a portfolio which will be used to further fund APX operations.

And this is literally saying you plan on speculating with donations. That is pretty much not done, even by ordinary ICO standards.