Is there someone with legal expertise concerning this claim from the whitepaper?
Is this statement binding under a legal perspective?
Quote
3.2 ICONOMI Tokens (ICN)
ICONOMI will issue 100 milion ICONOMI tokens (ICN) 10 days after the crowdfunding campaign successfully ends.
100 % of the ICONOMI tokens represent 100 % ownership of the ICONOMI platform, comprising of all assets and liabilities, as well as each and every
right and obligation, including but not limited to intellectual property rights, branding and trademarks
ICONOMI will issue 100 milion ICONOMI tokens (ICN) 10 days after the crowdfunding campaign successfully ends.
100 % of the ICONOMI tokens represent 100 % ownership of the ICONOMI platform, comprising of all assets and liabilities, as well as each and every
right and obligation, including but not limited to intellectual property rights, branding and trademarks
Is this statement binding under a legal perspective?
No.
However, even if ICN follows the company's value, it still won't "moon". It would be a slow and steady growth. Anybody who originally bought ICN would have been better off holding BTC/ETH. That fact alone is enough to show it was a poor investment.
On top of that, the majority of the Iconomi community have always considered every other coin to be inferior to ICN. That's not really a great attitude to have, when you're backing a company whose business is centred around investment in all of these other tokens, which you think are useless shitcoins.
ICN: A shitcoin backed by investments in shitcoins. What could possibly go wrong?
