Re: HEROcoin (PLAY) https://www.herosphere.gg - Missing ICO allocated Tokens
I believe KYC here is just an excuse to pay less. They left undistributed tokens to themselves. This is the motive to exclude more participants.
Their questionary is not the real KYC, it's a fake KYC.
Their questionary is not the real KYC, it's a fake KYC.
I know very well from the Austrian community that HeroCoin did all important steps as a company to have a token that fulfills all Austrian laws. Furthermore they have been the first big Austrian ICO and they worked together with several tax and general lawers.
The KYC part is important according the law.
Do some deeper research and you will find out, that this more legit than several others.
Yep I understand the company wanted to field KYC on participants. The main problem is the amounts due disappeared during this process, KYC legislation doesnt require this. It was a self made company policy. The legal part is justifiable but not that the ICO failed to pay out allocated amounts due.
If individuals cannot be paid for whatever reason they could have helped pay this forums cost, a variety of charties could have been credited as recognised institutions, any number of options besides disappearing allocated tokens could have been taken. Bitcointalk as a host to the companys campaigns provided services and with a successful ICO a payment could have been justified.
Instead they used participants to gain free advertising on this forum and elsewhere and value promised in payment for this disappeared. There is an ongoing reasonable expectation to payment that will not be resolved until HEROcoin addresses it.
No company can permanently excuse itself from debts using KYC legislation in this self appointed way, I'd like to see an example of that legally occurring in Austria, USA or anywhere. If the company wants to operate legally then thats great, I'm glad to hear it and I look forward to this issue being resolved.
If the company continues to be unreasonable in its operation of KYC legislation then I ask participants on this thread state their case in a better way then the company managed. Maybe HEROcoin was rushed, I can understand mistakes but so far no attempt has been made to correct any mistake.
I ask a question about when can we get the bounty, some dev team member just said to me that I need to wait for further info. After a long time waiting, they said I have already missed the bounty since I haven't claimed, the problem is that there is no entrance for claiming token on the main thread. That's an obvious excuse for a scam project I think. I see a lot of people haven't received bounty too, dev team intends to skip bounty.
Thats similar to what happened with myself. I was in contact with the campaign manager for Bitcointalk HEROCoin's operations but did not hear of the newly fielded KYC documentation requirements until they had decided to stop answering requests. No attempt was made to communicate via the manager, surely a basic point to any company operation. I checked the forum, the thread regularly but unfortunately the Bounty thread was not updated in the week before the deadline.There was a failure in communication, again I think it was rushed and people did not get paid because of that rush. I dont believe thats ok to forget any ongoing debt. I put a screenshot below:
If you can post your own information of the Tokens amount due and you're participation similar to what you already posted during the Bounty we can bring this debt to bare so long as everyone updates this thread regular, it will improve the ongoing case with HEROCoin ICO Token allocations.
Please stay reasonable in discussion, I dont believe any of this was malicious and this kind of mix-up is one I've seen previously
Quote
No update in requirements occurred in the week before a deadline to notify these participants a change had occurred to their payments after the ICO campaign closing