Hopefully it will also became an awesome project in the future.
They have quite an amount of institutional investors who are big in the world of crypto behind the project and the fact that no ico held is what amazes me.
if they have substantial number of investors, its better not to conduct ico. more credibility as long as they will not dump their tokens in exchanges. but do you think all the stated investors and partners are true? i saw qtum as one of the institutional investors? can someone verify at least couple of those institutional investors?
Considering the fact that there are some big names on that institutional investors list and we have not seen any allegations concerning anything from any of the investors about xmax. I would say they are good to go.
I was amazed when I saw their list of investors, it was almost looking like an endless list. Especially the private investors. Another interesting thing is the individual investors, some of them also belong to the institution that invested. Like they trust the platform that much.
They seem to be very well connected given they have the big names onboard with them well for one they did not need an ico. I am not sure how many developers they have on the team but it seems to be progressing at a nice pace.