The way people are marketing this project, it was as if Hyundai Motor is the one behind it, which I believe is not, another surprising thing is that the team has already raised 13000BTC which is close to $120 million at the current price and now looking for another 6000BTC, the valuation is quite high in my opinion
Also wondering why they Need another 60 Mio. now. Arent 120 Mio.$ enough?
As there was a presale earlier this year with big discounts, you will probably got rekt if you invest in the ico with this condition.
Presale: 0,035 Cents - 0,08
ICO : 54 Cents
ICO : 80+ Cents now, I fail to see why would I put my BTC in this especially when there was no lock-in for presale investors. Better to by cheap after initial dumping has happened on listing.
Hello BillionDollarMan.
I don't think there's a risk of dump. Investors in presale invested 8/9 months ago, and missed the BTC moon. So, if they dump, they're losing on the moon, as well as the gains they anticipated in dac.
I think you are missing some of the facts regarding Hdac pre-sale - The early investors took such a big risk to invest in something which did not have a whitepaper, official website, and new articles back then.
However, the Hdac team is definitely aware of the possibility of dumping, and are working on several strategies to mitigate concerns.
The decision to invest is entirely up to you.
Fact is that they did not miss any moon (or whatever you're referring to small spike in Bitcoin) cause btc to hdac trade did not start yet and so they can get back their BTC anytime it get listed. That is a concern and people who buy without whitepaper are even more concerning for us who are willing to contribute in HDAC because of technology promise.
