In light of the recent 'buzz' around Cloak, I'd like to take a moment to try and calm things down a bit. There are a lot of things being said about Cloak that are pure conjecture, so please take external statements with a pinch of salt. If information does not come directly from the team, then please be mindful. If you are considering purchasing Cloak, please bear in mind the huge increase in price that has occurred during the last few weeks and be aware that the price can drop just as sharply. Please never invest more than you can afford to lose! We still have a number of development/technical tasks to address prior to the open sourcing of the project, so please keep this in mind. We do not want anyone getting burned!
Also, please remember that we are still a small team with limited resources. There are lots of comparisons to Monero floating around at the moment and many of them are incorrect. Monero is a great coin and is considerably further down the line than Cloak in terms of development progress and functionality. If you are new to cryptocurrency, please be sensible and diversify your investments. Investing everything in a single project can be very risky!
Peace and Love,
cashmen (and Team Cloak)
I couldn't have said it better myself.
Please, quote it on every page here!