Quote from: isonex on September 28, 2019, 05:41:20 PM

Quote from: TimeTeller on September 27, 2019, 10:21:20 PM

Quote from: lestherat on September 27, 2019, 10:46:34 AM

Equal Weight Cryptocurrency Index Fund: Always Hold The Top15 Cryptocurrencies
IX15 is a tokenized equal weight cryptocurrency index fund. It invests in the top 15 cryptocurrencies (ranked by market cap), rebalanced every 30 days. The IX15 index fund is expressly designed to deliver outperformance against the wider cryptocurrency market with one SIMPLE yet LOW-COST investment, thanks to the funds equal weight smart beta strategy. Therefore, investors will no longer need to be concerned with multiple exchange accounts and wallet solutions, or with the time and effort involved in rebalancing a cryptocurrency portfolio on their own. Investors can liquidate their portfolio at any time via the smart contract. Using price data from the past 5.5 years, back-testing shows that IX15 significantly outperformed BTC, CRIX and the S&P in both a bull and bear market.

Start time:
2019-10-15 12:00:00

End time:
2019-10-22 11:59:00

Supply:
16170000 IX15

KYC:
Yes (mandatory)

So, you want for this project 16 million USD, nice, you never need to work again after this ico, what you going to do with unsold coins/tokens?

Also very important message

IMPORTANT LEGAL DISCLAIMER ACCESS TO PRODUCTS AND SERVICES DETAILED ON THIS WEBSITE MAY BE RESTRICTED FOR CERTAIN PERSONS OR COUNTRIES. YOU MAY NOT MAKE OR ACQUIRE AN IX15 TOKEN IF YOU ARE A CITIZEN, RESIDENT (TAX OR OTHERWISE) OR GREEN CARD HOLDER OF THE UNITED STATES OF AMERICA

Also, potential buyers should browse their whitepaper and I just took a snippet from their Disclaimer of Liability Section -

The above statements will make you think twice investing on this project.
And if you read even at the start of their wp, you should have the insights on how they might do their business later on.
This company is incorporated in Cayman Islands, so we know already what kind of company you are dealing with.
Just make sure you do your own homework so not to regret a thing or two later on.

Please read the following article published by our legal counsel regarding our responsibility as token issuers - https://www.loebsmith.com/cayman-legal/digital-assets-five-questions-to-ask-your-cayman-counsel/143/

"ICO founder teams and promoters looking at the Cayman Islands for incorporation of their company or companies were warned that, while the Cayman Islands had flexible pragmatic rules encouraging business and innovation, they also had stringent anti-money laundering (AML) and know-you-customer (KYC) requirements. In addition, other regulatory requirements may be applicable and the company and even its directors and founders may be held liable, under certain circumstances, for any misleading statements made in the White Paper or in additional documentation communicated to token purchasers."

If we are held liable for statements in our White Paper how much more liable are we for the funds we raise.

Obligations under the Cayman Islands Companies Law (2018 Revision) (the Companies Law)

Directors are generally not liable except in cases of negligence, fraud, breach of fiduciary duty, or an action not within their authority which is not ratified by the Company.

As you can read from above, the Directors of Isonex Capital are liable for fraud or breach of fiduciary duty.

Regardless of the disclaimers in the White Paper, Isonex Capital Directors are responsible for the funds raised.

Appreciate your response here. And we all know that you are not the first to have that disclaimer.
Most of the blockchain platforms have that kind of disclaimer.
But the difference is, you put your time to properly answer my questions.
Most of the time it will just be ignored by the dev team.
So I think, I am seeing that you are addressing issues and concerns from the community which is a good start.
I do hope that we will still see this kind of response after your STO. Good luck!