I think the best outcome for Tezos investors now would be that all ETH and BTC is returned (the actual amount donated rather than ICO period dollar values). I think as that as a community you should push for that. There were flags raised about this project well before the ICO commenced and with the current mud on the project I see it as unlikely that the project will succeed. Things move so fast in the Crypto space and 1 years seems to be equivalent to 10 years in any other sector. Consequently this delay in launching puts the Tezos project at an incredible disadvantage notwithstanding the current internal conflicts.
Fortunately ETH and BTC have performed well in the 6 months since the ICO took place so if these funds are returned to the investors you should see receive quite a generous return on your investments. Good luck! I truly hope you all are able to recover your funds.
if you had doubt and red flags why the hell did u invest? Stop this FUD and do some research Tezos is fine and development is steaming ahead with launch on target for February,that will be around a 8 weeks delay Fortunately ETH and BTC have performed well in the 6 months since the ICO took place so if these funds are returned to the investors you should see receive quite a generous return on your investments. Good luck! I truly hope you all are able to recover your funds.
I did my research. And in the end I didn't invest due to those flags that were raised (the uncapped ICO and the large share taking by the big players was concerning). I planned to maybe get in after the ICO if the roll out was good and development moved along smoothly (it didn't and it hasn't). It might be annoying considering I don't have a stake in Tezos for me to chime in with my two cents about the bests outcome but I'm concerned people will keep convincing themselves everything is fine when it really isn't. Tezos now has it's second class action lawsuit against it and there's been near zero in the way of communication to investors. I'm afraid that the FUD surrounding the project is justified and thinking everything is okay is having your head in the sand. I can tell you as a DApp developer I wouldn't consider working on the Tezos platform after this drama. Having said that, I do hope for all the people who invested that I'm wrong and your Tezzies are soon released. But I do think think a better outcome would be to have your ETH and BTC returned. BTC is currently at an all time high and ETH look ready to test $400 USD again, just saying that there's still good outcomes to be had.
I completely agree. The many red flags also made me decide not to invest.
Is it likely that investors will get an option to get their investment back?
It's extremely unlikely imo.
The funds from ICO were to be partially paid out in cash to DLS, and if it's been realized, then you can be sure the money has been already utilized.
We'll now be watching a shit show of endless mutual accusations, court proceedings, etc.
