Never seen it before. But definitely these are scammers levelling up their game and mixing it up with traditional non-crypto marketing. Either they're new to crypto so their technique is traditional or seasoned crypto scammers being more creative than usual.

The previous ICO's lack decentralization, DeFi on the other hand is too much decentralization to the point that you cannot censor things anymore. I think too much decentralization is bad and unsustainable. We will still need a governing body of some sort but more of in a transparent way. There must be a balance between centralization and decentralization, too much of the other will cause all these negative activities surrounding crypto.

Haha, good luck to you on that if they'll respond here. They seem inexperienced to me when it comes to marketing and I hope it is only on the marketing part and not on the technical side.

Basically they got a lot of money, enjoy the millionaire's life but after a few months or so will realize that they have to perform. But since they already have the money, the coin/token is in exchanges and community is there to keep the buzz alive, they will come to a point that most of the projects that they posted during the ICO are not profitable, not technically possible or they don't have the talented people to keep the projects going. Then why not just "Drop it while it's hot".

They created a campaign so it seems they'll be focusing on their community but not sure if it is half-baked approach or what.

I've come across such project once and of course I didn't send ETH to the address and I suppose most of the participants also tag the group as spam because later on I'm getting warning from telegram that the bot is tagged as a spam. So I think most are smarter now with their money except maybe new token holders.

They made a campaign but not much announcements from the team on progress, timeline etc. Not much communication going around.

That seems a lot of free coins to go around. What will be the effect on the price if those free coins get to the exchanges?
Unless there's a good demand, it might bring the price down.

Can this already be seen in Etherscan for the token distribution? There are lots of Yields there.

Do we need the native token if we want to pay for ICO listing or tokenize an asset? What else will be the usage of the token?

I think this is the first time I saw a thread with some animation out there. How is possible? Did they use gif?

Where is this coin/token based? They have their own blockchain right?

Business wise they will choose the currency who has the widest reach and already can be exchanged to FIAT. In most countries, BTC is already convertible to FIAT unlike XRP. There are so called BTC ATMs as well that goes to show how wide BTC reach is. There are more companies accepting BTC as well than XRP. So these goes in favor to BTC so why would they choose XRP over BTC.

Binance Chain used Cosmos which seems to be better than ETH as it is Application Specific Blockchain meaning you can make the functions more efficient than how ETH are doing things via Solidity. It is faster as well not just cheaper because it can handle more transactions per second while at the same time it can communicate to other chains meaning it can talk to BTC, BCH, ETH smart contracts etc. ETH is more popular definitely though.

What will be the purpose of the 1 billion tokens within the ecosystem? Will this serve as a discount for the services being offered? Or will the services be free if you own a certain number of tokens?

It seems the legal guys just want to join in and earn some as well. They will receive penalty fees or anti-lawsuit works in order for an ICO to be successful and legal at the same time. It's a good thing though as scammers will think twice before conducting an ICO because they now have to disclose their identity in order to get away with the money.

Haha nice one. I think more people got scared than laughed off it. I wonder what's going to happen with those who submitted their IDs. I don't think Bitcointalk is capable of KYC all users including their social identification cards and credit card numbers.

Diversification reduces the risk but reduces the profit as well. But this is the only option because we don't know how coins will perform within the next few months. But if you are one of the coin's management team like Project Manager or something you would know where the coin will be heading within the next quarter or two then you have a chance with a non-diversified portfolio like betting to your own company's coin.

Could be the CEO, Dev or maybe not. What if the CEO/DEV is just a front or someone who is knowledgeable about crypto but super rich guys who would like to fund the project is the one controlling the CEO/DEV so even the CEO/DEV is not the actual head but those rich businessmen who would like to have profits in millions of dollars.

You might be successful the first time on a certain project but if it comes to the point where they change their KYC process and required a video or you holding the paper then you will be caught. Even changes like that of 2fa recovery in case of a lost phone require you holding a piece of paper so imagine if you submitted a fake ID before, good luck in editing to make that fake identity to hold up the paper. But some will always find a way to cheat definitely which is unfair to those who submit their true ID.

Cardano still probably needs a year or 2 before it becomes significant and threaten ETH. Cardano is still untested by the public. Look at recently hacked or bugged ETH-based tokens recently, the problems with POS etc. Problems arises thru time and with Cardano, we're still unsure about it. Yes it may be technologically better than every other coin out there but we still need for it to stand the test of time and the public.