When Gaming meet blockchain is always good to hear but there are too many Red flag in this ICO so JUST BE CAREFUL PUTTING MONEY IN IT!I am a gamer and a blockchain believer and because of this i got scammed in the world of battles ico (
https://coinidol.com/scan-for-scam-keep-money-safe-investing-in-ico/) fortunately for a very low amount, after that i've studied very hard to improve my knowledge about ICO investment and i can assure that there are too many tasks not clear in this project.
I'm listing some of this to help the community to not lose money:
- CEO and COO have a linkedin profile that seems opened yesterday and they are "confirming skill" each other.
- Company's linkedin profile have just 3 member
https://www.linkedin.com/search/results/people/?facetCurrentCompany=%5B%2213691848%22%5DCEO, COO and a unknown "linkedin member"
- NO Linkedin for other team memeber and advisory board, the photos in these boards on their website seems taken from the same "source" (there a so many sites that sell o are a free source of close-up photos),
we cannot verify if the team already exist or not. - No bounty manager, no social media manager infact all social interations seems only powerd by the bounty program user and not managed.
- Telegram channel have 8k user and all of them are bounty hunter, same of twitter. You can see the comments and interaction are just like bot, people in these social group just ask for bounty program info but not seems interested in the project development. The timeframe of messages are to long for a 8k ACTIVE telegram group.
You can see that the user and follower are not genuine because they opened first the bounty program for growing social account (25/02/18) and after that they announced the ICO (24/04/2018)
- The claim to be powered by twitch and other big companies, but that's not true at all.
- No lawyer in the team board, how can you think to open a company and be compliance with regulation?
- No multilanguage whitepaper
- No MVP (minimum valuable product), how can you show us if you are developing or not? Are you asking for 12M with no company organization, no product, no preparation at all? Just like "give us some money and then will start"?
- No github for the token. ICO is starting in less than 1 month e no token is created, give us some proof.
- From whitepaper "(e) You agree and acknowledge that ASA tokens do not constitute securities in any form in any jurisdiction;"
They claim that their company is opened in New Zealand, and why it seems that they don't know that in New Zealand ALL ICO token are considered securities. From which else whitepaper do you copied terms of agreement and disclaimer? lol
- Is claimed that from the 1st 2018 quarter will be available the betting platform, but without a complete platform how regulators can verify it and give you gambling license?
However they will not give you any gambling license because in NZ your business proposal is prohibited!!! and all investor can verify directly from this NZ government link:
https://www.dia.govt.nz/Services-Casino-and-Non-Casino-Gaming-Prohibited-Gambling?OpenDocument#oneSo here's why people you should avoid this and put your money in other projects.
Just think twice before invest in it!P.S. I'am a member for more than two year but i've created an other account because the last time i've unmasked a scam ICO i was flooded in pm mailbox from the scammer.