Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ELM] Element Coin
by
Zlate
on 14/12/2014, 15:56:06 UTC
We didn't quit. No way.

There will be a reannouncement in the next few days hopefully, but that does not depend only on us. We are in talks with BlockTrust about hosting our crowdfund, but haven't decided yet. We were thinking of helding crowdfund on some exchange, but seeing how Bter actively participated in Bitbay scam, we are not so sure any more (we never were, actually). We have an interesting idea about crowdfunding, but we are still deciding if investors would see it as a right move. I believe that any honest investor would think it is a great idea, but we will see about that.

We are also digesting how that Bitbay scam that was going on at the time when we held our ICO could affect an honest crypto projects. I really can't understand that so many people gave away a lot of their money to a group of unknown individuals instead of investing here? Had they invested to our project, the game development would be in full swing now and nobody would be crying about investing in a scam like they do now. Of course we haven't secretly invested 500 BTC to our own ICO to fire the people up like they did, because that was exactly what happened; insted of people checking the project throughly, they invested because they thought that other people are investing but it was all a fraud...

Well, it happened what happened and there is no point crying over spilt milk. I just hope that this time around people will be checking the project instead of following the herd. It really is a project that could bring a lot of money to anybody involved - imagine how going to work could look like: you get up in the morning, have a breakfast, login to your computer, fire up a game and you are at work  Grin

And it is not just that, it is a lot more...