They should refund the money, they haven't put much efforts in this project, they might have spent only 2 or 3% of the total fund collected during ICO,
So if they can't refund 100%, they should refund at least 95 to 97% amount.
Topic: [ANN][ICO] 🚀 Confido - Trustless escrow payments with shipment tracking 🚚 - page 10. (Read 22603 times)
November 19, 2017, 11:10:36 PM
November 19, 2017, 10:54:06 PM
Sounds like total scam.
It does seem suspicious, especially since they are not disclosing what the issue is.
November 19, 2017, 10:50:02 PM
Damn investors got REKT!!!!!!!
So what happens to all the money?
It's understandable if they can't push through with the project.
But...
What happens to the money? Do they just keep it? If so, then yes, Investors got burned.
The right thing to do is refund the money (if they know they won't be able to carry out the project).
November 19, 2017, 10:18:51 PM
Damn investors got REKT!!!!!!!
November 19, 2017, 10:04:27 PM
Sounds like total scam.
November 19, 2017, 08:38:36 PM
From Reddit:https://www.reddit.com/r/confido/comments/7e3p5t/announcement/
"To our community,
Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem.
We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible.
It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this.
This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming.
We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZg
Regards,
The Confido team."
Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam.
"To our community,
Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem.
We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible.
It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this.
This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming.
We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZg
Regards,
The Confido team."
Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam.
hmmm this seems to be a bad news
Legal issues might be the most troublesome issue to solve out compare to management or financial issue because legality is not decide-able by the team but someon else
November 19, 2017, 08:27:00 PM
From Reddit:https://www.reddit.com/r/confido/comments/7e3p5t/announcement/
"To our community,
Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem.
We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible.
It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this.
This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming.
We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZg
Regards,
The Confido team."
Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam.
"To our community,
Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem.
We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible.
It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this.
This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming.
We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZg
Regards,
The Confido team."
Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam.
This is a punch in every single investor's face. They don't even know how long it will take so that is really bad news to be honest. If there is no surprise during the next few days, this thing is dead.
An announcement on Sunday about legal troubles?
November 19, 2017, 08:07:40 PM
From Reddit:https://www.reddit.com/r/confido/comments/7e3p5t/announcement/
"To our community,
Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem.
We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible.
It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this.
This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming.
We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZg
Regards,
The Confido team."
Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam.
"To our community,
Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem.
We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible.
It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this.
This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming.
We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZg
Regards,
The Confido team."
Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam.
This is a punch in every single investor's face. They don't even know how long it will take so that is really bad news to be honest. If there is no surprise during the next few days, this thing is dead.
November 19, 2017, 08:06:22 PM
What was the ico price ?
November 19, 2017, 07:50:27 PM
This announcement is way too cryptic to make a premature decision at this point but obviously this isn't good. The fact that this wasn't something they felt they could handle behind closed doors and felt the need to publicly announce this shows you how messy this may get.
If the ship gets righted though, the price may end up being a steal, but they've likely tarnished their image in the short to mid term with these actions.
If the ship gets righted though, the price may end up being a steal, but they've likely tarnished their image in the short to mid term with these actions.
November 19, 2017, 06:36:18 PM
From Reddit:https://www.reddit.com/r/confido/comments/7e3p5t/announcement/
"To our community,
Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem.
We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible.
It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this.
This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming.
We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZg
Regards,
The Confido team."
Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam.
"To our community,
Thanks for always standing by us. We have achieved some incredible things these last two weeks, and the crypto space is beginning to notice us. However, we owe you an apology. Right now, we are in a tight spot, as we are having legal trouble caused by a contract we signed. We signed the contract with assurance from our legal advisor that there was minimal risk and it would not be an issue. I can't and won't go into details, but he was wrong. It is a problem.
We are trying our best to fight our way through this. As it currently stands, development has been delayed until a resolution is found. We are honestly not sure how long we will be delayed by, but we’re trying our best to get this behind us as fast as possible.
It is likely that we will be able to find a solution to rectify the situation. However, we cannot assure you with 100% certainty that we will get through this.
This announcement will shock a lot of people, and that’s understandable. I, Joost van Doorn, want to personally apologise for any financial damages this announcement will cause to people. It was never our intention to hurt investors; we didn’t see this coming.
We will keep you guys updated. Please join our announcement channel at https://t.me/joinchat/AAAAAENHpUJSHK7jzX6GZg
Regards,
The Confido team."
Seems like they got orbital striked by some sort of legal issue. Wonder what kind of contract they signed? Would be nice if the posted a copy of it so that the community knew it wasn't just a straight-out scam.
November 19, 2017, 06:34:53 PM
So Confido is a done deal? legal troubles? bad contract? all sounds really bad to me.
November 19, 2017, 01:41:24 AM
Confido (CFD) list on the new exchane
https://mercatox.com/exchange/CFD/BTC
Congratulation !
Wish you very happy trading !
https://mercatox.com/exchange/CFD/BTC
Congratulation !
Wish you very happy trading !
Was about to say the same
Happy trading. Keep it up devs.
November 17, 2017, 01:46:50 PM
The danish (Scandinavian) translation of the Whitepaper isn't genuine, it's filled with typical Google Translate-typos... 
November 17, 2017, 12:38:34 PM
Confido (CFD) list on the new exchane
https://mercatox.com/exchange/CFD/BTC
Congratulation !
Wish you very happy trading !
https://mercatox.com/exchange/CFD/BTC
Congratulation !
Wish you very happy trading !
November 17, 2017, 08:49:35 AM
ANNOUNCEMENT: We can confirm that CFD will be listed on FOUR new exchanges: Cryptopia, Mercatox, IDEX and Radar Relay. Listing dates will be announced shortly.
https://www.reddit.com/r/confido/comments/7dkl0h/4_exchanges_announced/
https://mercatox.com/exchange/CFD/BTC
https://www.reddit.com/r/confido/comments/7dkl0h/4_exchanges_announced/
https://mercatox.com/exchange/CFD/BTC
i like this update, follow this project from start in ED i see this project perfect to future profit
and now CFD listed in 4 big exchange, it make this project will get more enthusiasts
November 17, 2017, 08:46:37 AM
Limited understanding of the content, the application in the field of logistics blockchain it? If yes, there are too many similar projects
November 17, 2017, 08:38:50 AM
ANNOUNCEMENT: We can confirm that CFD will be listed on FOUR new exchanges: Cryptopia, Mercatox, IDEX and Radar Relay. Listing dates will be announced shortly.
https://www.reddit.com/r/confido/comments/7dkl0h/4_exchanges_announced/
https://mercatox.com/exchange/CFD/BTC
https://www.reddit.com/r/confido/comments/7dkl0h/4_exchanges_announced/
https://mercatox.com/exchange/CFD/BTC
November 16, 2017, 09:53:03 PM
I trust CFD over UTRUST. Glad the devs are transparent and active in the community too.
November 16, 2017, 03:38:33 PM
such low interest in this coin. Is that due to competition in this area (payment systems)? Utrst also just did ico and is identical. Guess it will be a race to see who gets to market first.
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