Hey there everyone,
Just a curious question on the perception differences between a regular ICO and one that was run by an accredited lawyer - would that make a difference to you as in investor?
How can that ICO prove that he's an accredited lawyer? We saw a lot of these people working behind the team are professionals and with good titles but they tend to be a copy paste names, titles and cropped images.
In the past, at the height of the ICO investment craze, I know that name dropping companies and "respected" individuals as advisors would almost be enough to convince investors who didn't know better.
Moreover, now there's a greater shift towards IEOs for scam prevention purposes with counter-party checks.
Just a curious question! Share your thoughts!
P.S. Yeah, I was one of those who invested in an ICO project called JET8 that currently has an ROI of -99.8% haha shoutout to anyone who flushed their money down this way.
Sorry with that loss you've made with that project. That's already a clue that you should find a better investment vehicle in cryptocurrencies rather than getting into another ICO. The advisor thing is really pumping and hyping the project especially if it's a very known person and that guy validates that he's endorsing the project.
Thanks and I have definitely learnt my lesson on this front.
I'm actually just trying to do an on-ground survey on the perception of ICO/ITO/IEO and whether having a named lawyer at its helm (as a Founder) would sway confidence in any way.
I'm currently assisting with an IEO project called AEXON (
https://aexon.co) with a senior accredited lawyer practising in Singapore running the whole show.
With all the talk about scams, was just wondering if this would bring peace of mind to investor (given that Singapore has strict KYC and AML laws as well).
Thanks for sharing anyways!