Post
Topic
Board Scam Accusations
Re: HETACHAIN IS A BIG SCAM PROJECT.
by
chenille
on 05/12/2018, 00:56:31 UTC
I also notice that too so many newbies dropping here make me believe that they are hiring shills to defend the accusations, it's one of the developers who should drop a line here or explain their side and not newbies, something fishy is going on this project.
That's not the case, the "shill" comments are very negative and calling Hetachain a SCAM so I don't think they are hired by Hetachain, looks more like hired by a competitor to spread FUD about Hetachain.

I don't know much about the project, the first time the pictures looked like photoshop, but the people are real, you can watch on YouTube. I don't think it's a scam, but they collected already 120,000,000$ so HETA Token is heavily overrated and would dump a lot when it enters exchanges.
120,000,000$ would mean they are number 60 on coinmarketcap and ICO is still not finished. A hard dump of this token wouldn't surprise me because it's very overrated.

For all who may concern,
As you're watching the movement of this project these days. Of course, we agree that this is the effort of competitor just to stop our achievements.
One more good news from HetaChain is that $130M is not the final amount but $185.65M raised from private sales is the final amount.
Some said that it was unreal. Some said that it's huge comparing with the market at the moment.
You must had been skipped an important detail that we've already officially informed on Media:
"After finalizing the investment procedures HetaChain officially received $185,650,000 in private equity investment from more than 60 investors. Most of whom include institutional investors and investment funds from various countries around the world, specifically targeting investors from the Middle East."

The investment funds are main investors and it's easily to understand the reason behind by doing a small research on Mr. Sultan Ali Lootah.
In other words, HetaChain is the project of a Business man with a very strong finance support.
Who wants to miss this investment opportunity?
I didn't say Hetachain is a scam, in my opinion it's a legit project and the comments are indeed (as you mentioned) from a competitor spreading FUD. But how do you manage your large investments sums? How many tokens will be issued at which price to calculate the marketcap in raw numbers? I think a too large number of collected money will result in a huge numer of tokens issued which will make the project very overrated.
A normal calculation of number of tokens and average ICO price would clear my doubts.

And in general, I like your project. It's not easy to collect money in a bear market.  Smiley