@BlueChipper Why are you trying to come up with reasons so hard that this ICO is a scam? If you were objective, then you would at least mention that the said GmbH was only founded on 24.11.2016 according to
https://www.firmenabc.at/cointed-gmbh_Nqyy#crefo this source. I guess this means the company was active for only one month by the time they had to do their balance.
I am a member of some blockchains groups that deal with "ICO Ethics" and "ICO Regulation" and we work hard to make our industry clean. For a simple reason - we want it work and we want the state and the regulators to stay out. But if scams and frauds are happening regulators and prosecutors have a very good reason to step in, don't they? Let's keep our environment clean and honest please and show no mercy with scammers and fraudsters.
I have not made any accusation myself. Many others have done that in inside and outside this forum. I tried to summarize, structure and present and I focused on facts - no rumours or emotions. From the insider information, I have got from people around Cointed, I have to doubt that they are a legitimate project or even an attractive one. From what I learned from my informants/clients you may expect some litigations around Cointed and maybe even criminal charges because of their false public information. Doesn't sound very attractive to me.