Post
Topic
Board Announcements (Altcoins)
Re: [PRE - ANN] Hedera Hashgraph - [PoS] SAFT coin - Carbon coin [unofficial]
by
testerx
on 05/08/2018, 07:41:20 UTC
The real problem isn't the accredited investor round or the $120 million raise. The real problem here is that they're raising this at a total market cap valuation of $6 billion which is seriously crack pipe territory and makes it severely unlikely that investors will make any money. It's bad enough that it's not open source and has fees tied to it, now they're worsening it's case by selling at such a crazy valuation.