Ok here my story goes. My worst ever ICO investment is YGGDRASH. Well, it was the most hyped one back then. Firstly after the token release, the tokens were still locked. The team was always giving assurance that they will list in the top 5 biggest exchange and then unlock it. We all waited for a few months, to only get a news that their smart contact was hacked by someone who found a bug in their contract which can unlock the tokens. During that time, IDEX already listed the token but were unable to trade as their contract was locked. So the someone unlocked his tokens and started dumping on the buy orders in IDEX, followed by the mass investors who started moving out their tokens and started dumping them. The useless team tried to block every outgoing transaction, one by one lol that was funny. Imagine 100 outgoing tx per minute and the team was trying to do it one by one. Such noob team who wants to create a blockchain. Then they managed to lock their remaining tokens. After a month, they decided to create a new smart contract and do a token swap plus with a bonus for those who didnt move their tokens. And guess what? Their bonus is like 40% of your holding tokens ( thats awesome right?), and to be distributed monthly for 6 months. And here comes the best part. They only gave the bonus for 1 month, then decided to put the whole bonus airdrop on hold. Why? Due to unstable market during the entire 2018 bearmarket. So we waited till this year, and guess what? They decided to not airdrop the remaining 5 month balance, and decided to burn all the airdrop tokens. To reduce supply to increase the value. But wtf? Their total supply is 10 Billion and the total airdrop amount is 100 million. Burning 100 Million would make any difference?? So this is literally the worst bad investment I ever made.
Nick: Kapt.Gooze
Eth address: 0x34d4ECD77D6378EbddA1C62A38881E4587109181