That doesn't change the fact that you rushed an unfinished product to customers without a double check
Who would trust a company with a large amount if they can't get their registration right?
We are grateful to the community that helps us make the product better. The pointed mistakes were fixed within hours. None product was made ideal from the start and its continuous improvement makes it perfect. Our team is listening to users, we are open for any critics and willing to improve the user experience.
Get a better lawyer or update him with the latest laws.
As long as your platform is part of an exchange where virtual currency is exchanged against fiat currency, you need a new license, and the rules are different now.
please have a look at the FAQ section. The platform does not support crypto to fiat deals and as a decentralized solution it does not need a license for crypto to crypto deals.
All the multisig mumbo-jumbo is useless when the company is in cahoots with one of the parties involved in the transaction.
And with what you have shown this far it's a bit hard to try and believe you.
Currently, it is a possible scenario, however this will badly damage the platform's reputation. We are working to provide a 100% secure and decentralized solution for large transactions. our ideal scenario is to ensure that both seller and buyer can ensure they are making the deal with each other and that they are sending money to each other's wallets. Biggest issue that we are working on to solve is to protect participants from MITM attack. This is a very complex topic and should be solved for every single blockchain in a different way.
One of the things that we will provide after this conversation is we will integrate trustpilot so users can have an independent source of trust.
Let's see the story from a different point of view
- you blew 1.2 millions of investors money
- you claimed to have funded 11 million in different ICOs and nobody saw a cent
- you stopped communicating with your investors, you stoped releasing news, you never told people about the struggles, suddenly you simply disappeared.
So, why should anybody trust you?
There were no 1.2 million. In fact, Citowise has never raised any amount of money, it was self-funded until the end. All the claims were marketing mockery and the person who was in charge of that is not a member of the WhalesHeaven project. If that wouldn't be the case then there would have been at least some legal allegations against Citowise. Citowise is still a legal entity in Estonia and none of the founders had any issues with authorities.