Cancellation of project at the eleventh hour - page 2.

feryjhie

hero member

Activity: 882

Merit: 595

Quote from: Jpti on May 02, 2019, 12:02:02 PM

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?

if this happens they need to refunds all the investor but if in the end they don't return their investment
the investor will likely to file a claim against the team project

until now i don't see any project that like this and i hope the future there will be no project like this, because it will wasting times for investor, bounty hunter, and the team too

Psynthax

hero member

Activity: 2366

Merit: 504

Quote from: Jpti on May 02, 2019, 12:02:02 PM

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?

It's a scam. But that's better when this project that closed all of the operations fund all of the money that they have been raised. Some projects that closed their operations are even running away with the money. That's such a scam or project created by 5 old years kid.

tsaroz

legendary

Activity: 2982

Merit: 1069

Quote from: Jpti on May 02, 2019, 12:02:02 PM

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?

It's the term and conditions the bounty hunters have checked while joining the campaign. If the project fails to reach the soft cap, no payment.
If the participants are not satisfied with the term than they should not join. But when you have, you should follow the rules so does the project managers.

Adriano2010

hero member

Activity: 1414

Merit: 516

Well if that happen is just a problem of team and they didn't get enough funds to get listed maybe, but if you didn't invest any money you not lose nothing, only the chance to get some free money.

Chika08

jr. member

Activity: 544

Merit: 1

Quote from: Jpti on May 02, 2019, 12:02:02 PM

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?

there is no scam there if the team decided to cancel project and actually return funds to investors. But about bounty hunters, it will be quite unfortunate because they will get nothing. Apparently the team logically has no fund to pay the hunters

OluwaTosin10

jr. member

Activity: 546

Merit: 4

More projects will collapse
There’s not point; be smart with your involvement with startups
Or you get to complain every now and then

chocopapaya

full member

Activity: 686

Merit: 131

What scam is there?
You didn't invest a single dollar.
You choose how to use your free time, and if you use your time to promote something that has a high chance of failing, then that is your foolish decision.

what have you lost really?
Are you sad you didn't get tons of coins and money for no money commitment on your part?

90% of startups fail. These kinds of data are all over the place.
But still people flock to startups, icos, and ieos when it is clearly an unwise investment.

Also, if a company can't operate, than you are better just not getting anything at all.
Unless you want to fill your wallet with useless tokens that just take up space.

Jpti

member

Activity: 560

Merit: 10

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?

Topic: Cancellation of project at the eleventh hour - page 2. (Read 256 times)