the ingot team deceived the bounty hunter and said that the ingot project did not reach its softcap target, in the middle of the ICO the ingot team said that they had reached the softcap, which was $ 40 million
but after one month of the ICO period, the team said that they had not managed to collect softcap funds, and would not pay the bounty participants
[Forwarded from Iman Mutlaq Ingot Coin]
Bounty & Airdrop Community
Earlier this week INGOT Coin published updates on the status of the ICO and has confirmed that the holding company, INGOT Group, will be buying back the ICO and all shareholders Investment.
INGOT Coins raised funds were well-below the soft-cap and therefore the ICO itself would not be able to operate. Given that the soft-cap was not reached, INGOT Coin will not be distributing any tokens for bounty and airdrop hunters.
Since INGOT Group will be the sole owner of INGOT Coin, then all outstanding and remaining ICC tokens will be held by the group. We understand that this is not the best news, however in such a novel market the risks are high and the chances of such events occurring is possible; therefore, we made sure that we include those facts along with our own waiver.
INGOT Group formally thanks all the members and participants in the community and apologize for the inconvenience.
If you have any questions, enquiries or comments please do not hesitate to send us an email on:
Info@INGOTCoin.io has helped promote scam projects for 6 months, and this has clearly deceived bounty participants