Strangest is how some of these ICO's that managed 100m+ are already going bankrupt by now. How do you spend 100m in a year (not counting the price decrease)
I've witnessed this too. I have met guys at these events that have spent 5-10 million just traveling and attending these things.
Yes if they bring the entire team (dozens of people) or live a luxurious life while traveling. The problem is maybe they don't calculate the budget and use it effectively, they just use it because they have the money.
Or it could be that those figures are just made up by the team to create a hype about the project or either its a result of poor financial planning?
What is certain is that in this forum, there are a lot of pseudos who judge companies. Too many projects that exist and do their work and that are full of pseudo here bring FUD. Brings criticism into the void just to hurt companies' reputations.
I find that this forum is very badly managed by the administrators.
It's a shame because it scares people away!
And, here is not a reference for exposing an ICO. In my opinion.
When a company is late on its roadmap, it receives a lot of FUD here. As long as they don't always give follow-up information here, because the rest is followed by telegram, there are certainly nicknames that will say anything and hurt the forum.
This has happened many times on other projects that exist and that many come to put their bad language. I'm sure Jarvis will not escape this problem on this forum.
When a token is removed from an exchange because it lacks volume, it is immediately treated badly here.