Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] | PROTOSTARR | Digital Media Investing DApp
by
jkrushal
on 29/08/2017, 23:23:25 UTC
Is this really the end?
This means that the ICO will not continue, the funds will be returned to investors.
This is not a false ad today came to my mail?
https://protostarr.io/press-releases/protostarr-shutting-down/


Yes it is real.

Thanks for understanding. We are just working on making sure all refunds are handled properly so no one loses any money. At least ETH is worth more now than it was during the campaign so everyone is getting more value back than they donated.

It is unfortunate though. We feel we had a novel idea that can help a lot of people, but because ICO's are now on the SEC's radar we would have to get a legal department hired on earlier than the plan, which we can't afford to do while giving value to those who supported us. We are losing all the money we put into this, but want to make sure our supporters are taken care of. We will live and learn and start pushing forward as a team.