website is down now. its already confirmed as scam ico. i lost my hope, my passion on new projects.
That is very clear and I think on March 4 we actually can already draw the conclusion that this project is a scam !! . I am very sad because many people who follow pre-sale and also follow bounty, they are lied to and hard work done do not get any appreciation at all. I emphasize that investing in ICO is very risky and this situation makes the ICO image worse in the world of cryptocurrency, even now many people in the world also think that cryptocurrency is quite dangerous thing. I think there should be an improvement in the management of an ICO, never interested when the project indicates a scam, because it can make dev feel annoyed and can not get investors. This can create a deterrent effect on scam projects, which will help to improve the view of people as well as the bad stigma of ICO, yes it can also make the cryptocurrency prestige increase if appropriately applied.
Yes scams are getting quite elaborate and widespread in crypto space. I'm done with ICOs and any new coins, not touching anything else again. Unless the developers can proof their identity and intentions 200%. I will revisit ICOs in couple of years and see where we stand.