Just found this project. Looks really interesting, and the price looks quite tempting at least in comparison to the ICO price. It was love at first sight until I started to read the discussion here. Therefore, I would like to ask, are there any schedules, plans, and estimates on the profitability available? I would also like to know if the costs/incomes etc been publicly announced or if someone has calculated the ROI of one token. All I was able to found was a medium post by the company from february. The post used numbers from october 2017 to make the future estimations and promised to make everyone filthy rich, which made me extremely suspicious. Why would you not use current numbers? Obviously, the difficulty of mining is not the same anymore as it was in october.
Based on my current understanding, no one knows how many mining containers these guys have, when the payout is etc. I really want to invest into this but with the current knowledge it just does not seem to make any sense to take a leap of faith. PS. It is ridiculous if they replied to questions about why not giving updates more frequently with "real companies only give information each quarter". In crypto world, communication is everything.
Btw, can I just buy the token and move it to MEW for dividends or does every owner need to complete KYC somehow in order to receive them?
If you buy tokens via exchange, no KYC.
I like this project too but to be honest not much information is given by the team, they collected around 100mln ,they have telegram news channel where thee published the last news on March 8th
in this article. I think for such amount of money they could be more active and update community more often.
I couldnt agree more. As investors we deserve to have more updates about it