LakeBTC is a well-established trading platform. We have been around since 2013. We are in the top 20 platforms in the world for Bitcoin trading volume. We have an exceptional reputation for reliability and security. We have never lost any of our user's money. Ever.
Of course, we would not risk the reputation of LakeBTC, by running a scam ICO. We are a very large business with very large revenues. It would be crazy to risk that just to raise a few million dollars in an ICO.
We are running the ICO because we believe in the LakeBanker Crowd-Banking system having tested it in Beta for 1.5 years. The token BAC is well-integrated into that system and this is likely to be reflected in its long term valuation by the market.
BAC tokens can be withdrawn from LakeBTC wallets shortly after the close of Phase 2 and before November 1st 2017
Further, trading for BAC tokens will be enabled on LakeBTC before November 1st 2017. How many other ICO's offer immediate liquidity for their tokens?.
It's utterly ridiculous that one of the largest, most secure and most reliable platforms in the history of Bitcoin is still being talked about in scam accusation threads. It really shows how many newbie's there are around here...