Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
Someone on reddit asked about money raised and Token distribution at ICO.
This is the answer :
"All of the tokens were distributed. Roughly 1 billion. They claimed to raise 3000 Bitcoins when in reality it was closer to 1000 which at the time was roughly a half a million dollars. That was split among 5 people including myself and I'm the only one that stayed on the project afterwards. This took place at the end of 2014 more than 3 years ago."
So 4 of 5 devs disappeared?
Not surprise..This is the answer :
"All of the tokens were distributed. Roughly 1 billion. They claimed to raise 3000 Bitcoins when in reality it was closer to 1000 which at the time was roughly a half a million dollars. That was split among 5 people including myself and I'm the only one that stayed on the project afterwards. This took place at the end of 2014 more than 3 years ago."
So 4 of 5 devs disappeared?
It`s common event in crypto..
Those unrealised fat ITs earning huge money in 2-3 months in crypto and leave everything, going to Thailand, to taste women..
That`s why team is main factor in every project..
Glad we have overcome this failure..