The website doesnt't speak of any promoter or developer. Seems like they are looking for anonymity. The domain registrant is some "Internet computer bureau limited" which is of course a made-up name. The registration address belongs to something called Sure Limited of Diego Gracia. Diego Gracia is famous to most Indians for the US base in the Indian ocean. It was recently in news during the China standoff.
There isn;t much information on Sure Ltd except the
name of a board member who is supposedly in Bahrain Telecom and goes by the name Ihab Anwar.
Do you guys think that a website or service of this kind should have so many layers of obfuscation?? For reference, compare this with the open mention of the
Purse.io team.I think they are hiding because of the current uncertainty in indian crypto space. Recently. I opened up an online bank account with a private bank and I was asked not to use it for crypto-related transactions. I was in the impression that those things have been solved after the supreme court verdict
They are still in pre-sign up mode and are not asking anything confidential only your email address. We still need to wait for an official announcement and then we can decide what is wrong and what is right.
It is too early to come into any conclusion.
In my opinion it is a great initiative and we need to watch this space for more information.