A complete shitcoin scam that was easy to replicate on the Storj/Sia networks without having to create an additional token. But the token was created so that these scumbags could get rich and launch their business with your money.
When they achieved their goals, they said: Fuck you and Bye!
Notice how they announced this terrible news right after the token went through a 5x pump in price. This means that these charlatans have dumped as much as they could during the growth, and not only that, but now they want you to buy shares in a now completely centralized useless service which competes with decentralized services LOL, just to extract back all the coins from you and then dump them back into the markets for even more profit.
Check the Voxelus story. Those guys have run a similar scam.
You got conned!
The 5x pump was indeed very suspicious. Does anyone know how they did that pump going? They didn't risk any of their money I guess.
Who cares how they made the pump? They are just scammers. They fooled everyone. Their place is in prison, their project is a complete garbage bin.