What seems from available information it makes clear that GNation was created to strengthen Games Credit and all the focus was and is on these two projects while Mobile Go which brought them more than $53 millions was ignored. These news have no purpose more than speculation I also have got burned from this project for misreading their intentions.
Thats not correct.
The Sholom twins used the GC Community to scam their money away while the ICO. The twins were never interested in GC nor MGO.
They just scammed really everyone. Also the GC Team where nowadays the devs suffer under the circumstances and scam accusations. The only people contributed to GC the last month were the same who did it before the twins and are now in the GC-Foundation.
I think we should accept that the old project leaders were also not immune to all the sholom-lies and "ideas" that could be great but were never realised because these scammers only saw $$$ in their eyes....and they won.
So in essence the whole ICO was a front to raise money?
Are you saying the owners spent some of the ICO money to set up the office with associated costs including salaries but mostly paid from MGO tokens rather than FIAT and this was done to give the "project" an air of "respectability and honesty" but all the while the owners just wanted to siphon off the funds? That they intended for the whole thing to collapse but all the while keeping the siphoned off funds for themselves?
Most people believed there was a genuine "project" but that it fell apart because of mismanagement and that the ICO funds were siphoned off after they owners realised the project was dead. Now it seems people are saying the whole "project" was a scam from the start.