The raodmap is very detailed and if you check around yiu would notice that there was no ico for this project. They raised funds through institutional investors.
Yes, XMAX tokens got sold out in private sale only. No ICO. And I agree roadmap is very detailed. Might be the person is checking some wrong page
This is pretty much the first time of me hearing about a project selling off its tokens in a private sale, which is really something to talk about, well i guess investors must have seen a lot of potentials embedded in the project, the project is fully loaded with awesome entertainment, they have a multimedia section that developers can use to create some entertaining app
I think those investors are very smart people who know the latest tendencies of the market and what will be in demand in the near future. DApps will definitely be. And you can imagine what demand will be in this case for the development system for making DApps.
They are indeed smart and for the fact that the industry is filled with scammers, they ought to be, lets not forget that its there hard earned money that they are trying to invest and they know that the future is heading towards the IoT industry, its limitless and the potential that it has is too numerous to mention and that to me will be a money spinner