Quote from: peterlustig on November 26, 2018, 04:45:12 AM

Quote from: magisterr on November 25, 2018, 11:21:08 AM

Quote from: TheHas on November 25, 2018, 11:04:26 AM

I think the MCO team (or crypto.com team or whatever) just aren't across how a lot of people think in crypto.

The $26 million in funds they received was to deliver a particular project. Instead of using those funds to deliver that project, they (at least partially) used those funds to develop a different project, and are on-selling this new project CRO tokens, and giving MCO investors a small slice.

I get that they are selling those CRO tokens to develop CRO, but the timing is just awkward when only a handful of people in Singapore have cards. At least wait until a large group of people have cards, before redirecting efforts to a new project using ICO funds.

Really? They creating next ICO while didnt deliever first product? If this true, this is pyramid and scam...

Is this the same project which you mentioted? They have CRO token symbol, but seems they have another team members...

https://icobench.com/ico/cronuscoin

I might be wrong but I don't think they will run an ICO for the CRO coins. In the whitepaper, it says secondary distribution only.

Yes that is correct, please see whitepaper (page 24 onwards) - https://www.crypto.com/images/chain_whitepaper.pdf