Post
Topic
Board Altcoin Discussion
Re: 60 Millions tokens bought by one client!!!
by
milewilda
on 08/06/2018, 18:03:47 UTC
Yes! You read that right. Purvi Capital, Chicago based VC fund purchased over 60 Million tokens in Enkidu’s Private Sale. Enkidu's team said that they were immensely happy with Purvi Capital for their participation in thier Private Presale and welcomed them to their journey. This is what they had to say -

“We’ve had a great relationship with VCs in our roles at Enkidu’s parent company, Avalon Labs, and are excited that an idea like ours that makes real use of the blockchain and smart contracts is now seeing validation.” – Varun Mayya, CEO, Enkidu

Read the complete story here : https://www.ccn.com/purvi-capital-chicago-based-vc-fund-purchases-over-60-million-tokens-in-enkidus-private-sale/
Yes, good for the Company or on Enkidu team but lets say they do have only 100M total supply and 60M was already been own by a single investor, this thing already give already negative views towards the project. Having an investor who own most of its tokens are really prone to manipulation. We dont even know that such funding is just a propaganda.

Needs to be a little more smart when trying to hype up or market a Scam!!

https://thehackingteam.com/enkidu-enk-ico/
Got all the points in the site you have linked about Enkidu which those things mentioned are almost overall true towards this project. Vague reasons do commonly found on Scammy projects.