Topic: Failed Projects Returning Investors Money - page 2. (Read 858 times)
Yes I am also in February, I received a ago your Ethereum. and also lost money because the market was falling.
You are very lucky man. Congratulations to you. I didn't see anybody who invested in projects and get back money when projects can't go forward. There are many projects become scamers and many investors lost their money. I hope you will get your money in second project soon. Good luck to you.
I think you are lucky when you invest in a project that has honest people behind it who are actually good enough to return the money that you invested in the coin after the project fails. Most projects will just take the money that the investors have put into the project after it fails without any explanation. The crypto market could use more honest people like this.
Usually you get nothing when the project fails, the only wayout is lawsuits and stuff like that, but it's rather difficult and time-consuming.
It is a very lucky thing to return investors' funds. Many people lose or lose. Most of the ico this year is a circle of money, you can also return funds in the project failure. Although this project has not been successful, I think this is definitely a project that has a conscience and will definitely succeed in the future.
I think this is a normally thing to do, normally when a projects fails to reach their soft cap in raising the funds needed to continue their project development, they supposed to return the funds to the investors, because those funds are locked until the tokens sale ends.
I trust as a matter of fact, indeed, you would without a doubt get your store return once you didn't put resources into trick venture from the begin. Putting resources into a decent task isn't sufficiently alright to belive they would hit the objective, so somebody should be set up for the hazard.
For a fact, in actuality, you would without a doubt get your store return once you didn't put resources into trick venture from the begin. Putting resources into a decent venture isn't sufficiently alright to belive they would hit the objective, so somebody should be set up for the hazard.
Wow that's nice, I will say they really got lucky for that, I have my friend who has been in that same situation, the team have refused to refund the money saying they have used the money to build the project so far and renting the office, paying some dev; bla bla,
I invested in one pre-ICO back in November (Heardbeats), I liked the concept and it seemed like a promising project at the time. Unfortunately they folded recently as they couldn't get the partnerships they needed to move the project forward. On the upside, they did return the original investment, albeit at the current dollar value, so lost almost 50%. However, I did respect their honesty and commitment to returning as much as possible to the early investors.
Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.
Anyone else have any experience with refunds (or not)?
Another project I invested in also folded a couple of months back, and I received an email from them saying they were going to return the investment. Still waiting for that one.
Anyone else have any experience with refunds (or not)?
You're in luck. I join invest in few projects scam and the invested amount is lost according. It's so sad.
I think if ICO fails, you can't get your money back.
Because ICO is not legal in any country at the moment, unless it is a fraud, your rights are not guaranteed.
Because ICO is not legal in any country at the moment, unless it is a fraud, your rights are not guaranteed.
Legit ICO will return back the investors money, and this is the proof that all ico isn't scam. Most of the non successful project always resulted to scam investors money due to non profit gaining project, which doesn't refund every investors funds after all. Generally scammers had fraudulent acts which doesn't care about people's effort in dealing with their visions for the project. Hopefully next time investors will be the ones getting the kyc of those offering ico project, so that we can really get the refund after the project failure.
My personal recommendation is also to stay away from ico, because it takes a long time for an ico to actually complete the delivery, and there will be various unprepared situations. Much of it is done halfway to directly cancel your qualifications.
You are still lucky. Can be returned funds.
You are still lucky. Can be returned funds.
If we all stay away from ICOs how would startups raise funds, and how would coins ever make it to the exchange? Airdrops are not so safe either.
This is good to know to know, this means that the team are very honest people and I will appreciate them for doing that, most people will disappear with the funds or rather won't release all the funds they collected, they will slash it to have a little share for their effort.
You are lucky enough to get a refund, because some projects just waste investor's money and that's it.
I hope next year more steps towards legacy will be taken
I hope next year more steps towards legacy will be taken
That's how it is supposed to be done, they normally state it on their white that when the project, didn't make their soft-cap, they will return the investors money, so it's one of the things investors should always check in any ico before making an investment.
I think if ICO fails, you can't get your money back.
Because ICO is not legal in any country at the moment, unless it is a fraud, your rights are not guaranteed.
Because ICO is not legal in any country at the moment, unless it is a fraud, your rights are not guaranteed.
My personal recommendation is also to stay away from ico, because it takes a long time for an ico to actually complete the delivery, and there will be various unprepared situations. Much of it is done halfway to directly cancel your qualifications.
You are still lucky. Can be returned funds.
You are still lucky. Can be returned funds.
I have no such experience but I have heard that the projects are honestly returning the money only you can lose a little on the commission and all!
What a lucky fellow you are indeed! I am telling you a personal testimony. A recent one happened to me just last month; June. I participated in an ICO called Hashrental. The CEO;Ian Edwards even came forward to tell us that the ICO has already been successful, that we should wait for exchange, till the moment am writing this, Ian and the entire team are no where to be found.
Note, the fact you are lucky with refunds doesn't mean you should continue to invest in any ICO foolishly, believe me you may eventually encounter a Waterloo soon.
Note, the fact you are lucky with refunds doesn't mean you should continue to invest in any ICO foolishly, believe me you may eventually encounter a Waterloo soon.
It is good they returned investors money, and very few projects will even consider this measure. However this just goes further to highlight the importance of due diligence when investing in crypto projects.
A lot of projects have the technology, partnerships, team and good progress on their roadmap and still fails.
So best to do your own intensive research before making monetary investments.
A lot of projects have the technology, partnerships, team and good progress on their roadmap and still fails.
So best to do your own intensive research before making monetary investments.
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