We all know that this week Bitconnect collapsed when the cryptocurrency markets came down. This left many investors down and out.
However, it seems as if Bitconnect is trying to start over as a new scam ICO this time. They are currently raising funds through a new ICO called BitconnectX.
https://www.coinbureau.com/ico/bitconnectx-attempt-scam-investors/There is almost 0 transparency over this project. There are no developers, leaders nor do they even have information on the company or any legal disclaimers.
Most importantly though, for an ICO they don't even have a whitepaper! Just some vague references to PoW and PoS mining.
Looks like a legit scam to me. What are your guy's thoughts?
It's best to stay away from this ICO because the risk of this project is really high and you may be the victim of the old Bitconnect but there are definitely more people who will invest in this project because they want to challenge it again with Bitconnect version 2