Isn't everytime there's an ICO, some people will post everything to call is SCAM? When ETH ICO came in, people are calling it a deadcoin once ICO is over but look at it now. But of course, there'll be always an altcoin having an ICO who doesn't have any purpose at all so at some point if you're going to call all ICOs SCAM, you will be correct at most times and have the feeling of "I told you so" moment.
On this forum, where ratio between scam and legit projects is 99:1 or worse, ICO with no visible BTC address is a scam. It does not make a difference if project actualy kicks off later and become as big as ETH, it is a scam because investors got less coins than they were supposed to get. Like it is not enough that no one can tell how many coins developers are getting for free (buy coins with their own BTC and get coins + BTC back) now it became fine that even BTC address is not known, fucking hillarious. I can already see this ICO will end up with 10,000+ BTC "invested" and 5,000+ "participants" which is way more investors than cryptospace has in total. Or at least ones that are stupid enough to put (big) money into
project that is actualy a clone of a coin which already failed (XCR).
After ICO ends all BTC is available to devs. at their discretion? Or is a roadmap to spend ICO value?
Someone can answer?
We will spend
all the money on Lisk. This includes marketing, conference/meetup visits, salaries, office space, hardware we might need, infrastructure, business establishment (taxes) and much more.
There you go but don't worry, just keep on sponsoring lavish lifestyles of developers and hope the best for LISK. Until it is abandoned a year later most of you won't see where was the scam part.
