I have join a project to which it claims that the team was able to collect 50M in USD but until now they could not be able to list the token in an exchange. Their reason was the team were preparing the platform for almost 3 mos. now. I am starting to believe it when they show something great after sponsoring a certain event to which the name of the project was being flashed in the screen. Is it possible that the team is telling the truth? They want to bring a project with demand so that the token will not be undervalued. What do you think of this project scam or not? I could not name the project for now to protect their reputation.
May we know what ICO project is that mate, you didn't mention the name. It very seldom for the project to hit that target 50M$ if ever there is its only few of them. We can only say that is scam if they never give any updates about their project and they abandon it.