Curious fact: try to find in the Record telegram channel the word "softcap".
You can see that for almost 3 months no one has used this word. Namely, from April 14 to July 1! Do you think that within 3 months when ICO was going on, no one asked about the soft cap of the project? After that, I'm more than sure that the messages have been deleted by administrators. And it is likely that the soft cap was still collected, and bounty participation was simply thrown out of the train, which had already arrived at the coinmarketcap.
But God is their judge.
Nope. You guys firmly misunderstood. I am the investor from Korea and the team is not the fraud or evil.
You should go to their ETH wallet; https://etherscan.io/address/0xc6421ac09d20597ef8cdfcc8a89255fd2e3b51e4#internaltx
It says they only collected 255 ETH from their official website. They raised some from ICO pools but it was also not big.
In the Korean community where the most of the investors come from, it is well-known fact that RECORD Foundation collected very little, far less than its softcap.
That is all about them. But they risked themselves by listing their coins on Coinbene despite the low circulation. This is the full story I bet for 100%.