Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] | STASH | Digital Money For Everyone | PRE-SALE NOW LIVE!!!
by
Renko
on 07/11/2017, 08:27:15 UTC
What crypto do you accept in your project?

I don't recommend you to invest in this project until they tell what are they going to do with the unsold tokens!

I recommend that you should only invest in project that you are confident with, know the team well, know their projects well, due diligence, what any team going do with unsold tokens should not be one's priority in making investment decision!

You are right, I thought this project was going to rise more funds because it really looks like a good project, but they lack of investors and community(which is the most important thing in crypto-world). It is totally unreasonable that the team wants to keeps 99% of the tokens. Nobody would want to buy a token with the 99% of the supply owned by a group of people...this is the oposite of the idea of decentralization. This is a centralized project and controlled by just a few, and the team and other possible investors have to know this. If they don't do something about it, it is doomed to fail because all of the investors are going to dump their tokens and then the team would have 100% of the supply...good luck with that. Nobody ever would trust this team again.

I encourage possible investors to ask to other projects communities, investors, developers, community managers or just anyone who knows about blockchain about what is happening here, and I guarantee that they would tell you that this is totally unreasonable and you better invest in other project in which the team, actually cares about the community.