Some people said ARCBLOCK is a scam
While I tried my best to join this ICO but I have not passed the KYC process. I dont know why but that is too bad.
Topic: ARCBLOCK, a reminder of why u shd always do ur KYC upfront (Read 116 times)
When you raise 200-350 million on nothing more than a piece of paper, being diligent with funds is one thing you should expect.
ArcBlock is the definition of a scamcoin, because unlike most ICO's, there is nothing behind ArcBlock than a paper with some black text on it
ArcBlock is the definition of a scamcoin, because unlike most ICO's, there is nothing behind ArcBlock than a paper with some black text on it
This is what also ICON and Utrust started where there's no product involved yet but i believed the team behind those projects!
The difference between ICON and ArcBlock is that they have a solid team, that you are confident they are going to deliver on their promise, but looking at ArcBlock team, it is light weight when compared to other hyped projects
Time will put everything in its place. I think Arcblock really change the world. As in terms of technology and attitude of society to blockchain. This is a strong project with an experienced team and sophisticated strategy.
When you raise 200-350 million on nothing more than a piece of paper, being diligent with funds is one thing you should expect.
ArcBlock is the definition of a scamcoin, because unlike most ICO's, there is nothing behind ArcBlock than a paper with some black text on it
ArcBlock is the definition of a scamcoin, because unlike most ICO's, there is nothing behind ArcBlock than a paper with some black text on it
This is what also ICON and Utrust started where there's no product involved yet but i believed the team behind those projects!
When you raise 200-350 million on nothing more than a piece of paper, being diligent with funds is one thing you should expect.
ArcBlock is the definition of a scamcoin, because unlike most ICO's, there is nothing behind ArcBlock than a paper with some black text on it
ArcBlock is the definition of a scamcoin, because unlike most ICO's, there is nothing behind ArcBlock than a paper with some black text on it
Ever since I saw it on hacked.com, i was interested in the ArcBlock project.
But as murphy's law would have it, i never got ard to actually completing the kyc (DO NOT BE LAZY IN CRYPTO) and registration closed faster than expected.
It is hence, with a heavy heart that I congratulate the ArcBlock team for being rational when they shd, and did, close off public registration. Many a ICO had been incredibly slow to react to rapidly increasing interest in their project, and ended up with poorly handled crowdfunding starts, either cos of clogged whale-investments in ICO day or letting too many people in such that the avg contri. per investor no longer made sense.
I was also in their telegram when I saw this pined msg "each account will have one unique offline cold wallet ETH address will be on available on sale day that you have to log in to check, first come first serve but no need gas war". Whoa, first thought was... this is surely a careful and committed team. What a show of care/concern for their investors.
Gd luck team!
But as murphy's law would have it, i never got ard to actually completing the kyc (DO NOT BE LAZY IN CRYPTO) and registration closed faster than expected.
It is hence, with a heavy heart that I congratulate the ArcBlock team for being rational when they shd, and did, close off public registration. Many a ICO had been incredibly slow to react to rapidly increasing interest in their project, and ended up with poorly handled crowdfunding starts, either cos of clogged whale-investments in ICO day or letting too many people in such that the avg contri. per investor no longer made sense.
I was also in their telegram when I saw this pined msg "each account will have one unique offline cold wallet ETH address will be on available on sale day that you have to log in to check, first come first serve but no need gas war". Whoa, first thought was... this is surely a careful and committed team. What a show of care/concern for their investors.
Gd luck team!
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