On their website, they explain how it works: "Confido works by using smart contracts with a unique shipment tracking feature. When a new transaction is made by a user, Confido will generate a smart contract using a secure smart contract template and the data entered by the user. That smart contract will act as the escrow between buyer and seller. Once the funds have been received by the smart contract the seller is prompted to submit a shipment tracking code to the smart contract (which is all done inside the app). Our smart contract will continuously track the delivery status of the package and will release the funds 24 hours after the package has been delivered. In case of a wrong or faulty product, the buyer can put the transaction on hold."
With a marketcap of only $5,181,120 at time of writing, I am definitely buying up. What about you?
And the scammers ran with your money or were you one of them?
On their website, they explain how it works: "Confido works by using smart contracts with a unique shipment tracking feature. When a new transaction is made by a user, Confido will generate a smart contract using a secure smart contract template and the data entered by the user. That smart contract will act as the escrow between buyer and seller. Once the funds have been received by the smart contract the seller is prompted to submit a shipment tracking code to the smart contract (which is all done inside the app). Our smart contract will continuously track the delivery status of the package and will release the funds 24 hours after the package has been delivered. In case of a wrong or faulty product, the buyer can put the transaction on hold."
With a marketcap of only $5,181,120 at time of writing, I am definitely buying up. What about you?
Undervalued?? You must be joking.
Set a low cap on purpose so they can pump it and unload on you. Absolutely genius.
Team looks like a joke, I doubt they'll ever have a real product.
Congratulations, you called it...They ran.