Quote from: zahl on November 25, 2020, 08:00:54 PM

The market doesn't trust Aeternity founders and managers. It was a mistake to give them money under management. Aeternity will not be a mainstream blockchain, it is a compromised project. What we can only do is to not pay attention to it, don't support it and educate people what is wrong about Aeternity. Don't be fooled by their short term actions.

Another story. Aeternity VC decided to fund UTU project. Of course they have used money collected in ICO. The UTU finally decided not to use Aeternity blockchain. Businesses want to stay away from Aeternity even if Aeternity funds them. Think about it twice. They don't want to risk their business. They know that Aeternity uses money to act as a Venture Capital which funds external projects instead of focusing on its own. Aeternity just have created a poor blockchain implementation and after so many years they even have no blockhain explorer (most basic thing) where you could examine and query smart contracts. Other blockchain projects are light years ahead.

In short Aeternity uses the money from ICO investors to fund projects that doesn't use Aeternity. This is just one example of mismanagement and incompetency.

When there are so many good projects in the market, there is no need for us to spend money in those projects which are shady and can scam anytime. Many people who do not know about the history of this project, may continue to buy the Ae coin at low prices.