Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] KryptoUp Exchange - No More Market Manipulation - Safe Easy Profit $
by
24Kt
on 03/11/2018, 23:09:11 UTC
I like the features but where is your team? Checked the whitepaper but there's no mention of who is behind this project. Are you legally registered crypto-exchange? I think, that should be a must to acquire credibility from users aside from those features that you mentioned.

Hi 24Kt, we are glad that you liked the features. We are a team of 5 people and we are based in Belize.

There is a reason we chose Belize. As you might already know, market manipulation is caused by many factors which involves really big players including some nation states. Many agencies have already tried to manipulate the cryptocurrency prices (mainly Bitcoin) using manipulated news and have succeeded many times. It is not a secret anymore that bitcoin and other cryptocurrencies like Monero are threatening their agendas. What we are doing might not be liked by them as our features are in favor of the cryptocurrency community and has a huge potential if backed by the community. So, we have to maintain our anonymity to protect our team, family as well as the company. Belize maintains the anonymity of the company shareholders. I totally understand your concerns. I have tried my best to explain our reason behind not disclosing the team. I hope you will understand our situation and hopefully support our cause. Thank you.


Ok, thanks for explaining your end. It means, you are registered in Belize? Given that you have your reasons not to disclose your team members, at least give us the info where you are legally registered. It should be a known fact regarding your legitimacy. You should understand also that potential traders should know such info because you are dealing with their money. And most of the time, it's their hard-earned money.