This ICO is really a disaster to many investors. I did not know who invented the "time stamped valuation" methods. Maybe Mobilego team invented this bull shit??

It is really unfair to most of the investors. If you sell something to the customers, at least you should gave them some goods when they pay you. That is fair and no matters how the goods are devaluated or appreciated because the title of the goods is transferred at same time.

However, for this bull shit ICO, you did not receive anything when you invested real money into it. For any other similar ICO, they have a fixed ratio to Bitcoin or Ether and you do not worry about the outcome. Even for storj's new ICO who use time-stamped valuation, they gave a real USD price for their token and you could figure out how many coins you would get at day one and it will not decrease despite other's purchase.

I truly worried about the motivation to do ICO like this. The team could make it simple and easy. But they choose the most difficult method.

For any one who works in financial industry, if you counter party deliberately make some product complicated, they are trying to exploit you or play tricks on you.

Hope the team is not a bullshit and could work out some real product. That is the only way the investors will not lose their money.