Topic: Status The Most Manipulative ICO Team I've Came Across (Read 401 times)

1) They would keep saying that everyone is involved here we are a community, we're all building this together when people would refer to the project and them, they'd keep saying we're all building this together so there is no us and no them just us LOL! Whoever asked about the ICO they would correct them and say no no it's a contribution we're all in this together LOL!

2) They started pushing this SGT address in their slack for whoever helped get the word out. If you go through their slack messages you'll see it was basically advertised as a guarantee to get in their ICO, the devs kept replying to people telling them this was most definitely happening. Thousands of people worked to get the word out, at the end after the word was out they came out with there will be no priority for SGT addresses.

3) They kept stating they were going to take how much money they needed for the project and be fair to let as many people get in as possible. They weren't telling people the ceiling, someone questioned the ceiling in the code but they said something to the tune of don't worry about that we just have that there and it's going to be different. They never directly said it but they implied it.


They ended up getting a crap load of funding with a 7B coin supply. They really milked the fuck out of people, people think Bancor abused their funding well Status did even worse.They advertised $12m open funding for Whales then hidden ceilings that would continue to decrease as more money came in for regular people. Who would've guessed those hidden ceilings would actually be home to that much $$ LOL!


This is the most manipulative and two-faced ICO team I've ever seen.

Status basically lured the Whales and the regular people, clap clap clap LOL!

Honestly future ICOs should just have unlimited cap and whoever wants to join can join with decreasing coin per. Aeternity had one of the best ones. 4 weeks or something with each week decreasing how much coin you get and a cap set after the first week of funding or something. The money contributed was shown on their website. More ICOs should follow in the footsteps of Aeternity, less stress on the network as well.