Topic: Tezos leaders ask for patience over dispute on cybercurrency project (Read 543 times)
October 29, 2017, 05:08:42 AM
could this be the one that starts the cleansing?
October 29, 2017, 04:59:25 AM
Many people lost all their investment in this ICO.
The best success SCAM ICO in the crypto world now. I heard about Nov they will start but there are nothing updates
The best success SCAM ICO in the crypto world now. I heard about Nov they will start but there are nothing updates
October 28, 2017, 02:37:39 PM
@ulhaq. Are you telling us that Tezos and its founders are showing all the other ICOs that they have found the perfect situation to scam the community? This is very worrying, because the same model might become the customary way of doing ICOs.
It is the participants who should be protected, not the ICO developers.
It is the participants who should be protected, not the ICO developers.
I would never participate in an ICO donation and don't know why anyone else would. Did anyone here "donate" to tezos, and was it clear that it was a donation?
But regardless of the wording that they used, everyone knows that ICOs are unregulated. So one has to do their due diligence regardless of whatever terminology they use. If an ICO says that someone is going to get ownership in a project, and they abscond with all the funds, there is still no legal recourse, because the ICO may not have been registered in any country.
I posted out a number of concerns with ICOs in general in the ICONOMI thread a very long time ago, and my post was deleted. Even though I did not mention anything specific about ICONOMI, clearly they had some concerns with their ICO.
October 28, 2017, 12:34:31 AM
not a great start, they can recover, but they have to be transparent going forward. Not always easy with this amount of money in play
October 28, 2017, 12:16:49 AM
So tokens become really cheap at release.
October 28, 2017, 12:07:22 AM
Get ready for tezos to the best biggest scam ICO of all time, I had a bad feeling about this. Where is Drapper now? Lets see what he says about his investment. If he cares.
October 27, 2017, 11:56:22 PM
looks like we can get cheap Tezos token when it launch 
October 27, 2017, 11:05:11 PM
What ever is happening now , If tezos turns out to be a successful project in future, that will astonish the world of investment
October 27, 2017, 10:30:08 PM
Let's be patient. I hope it will get resolved. What I don't understand how all these fundraising were donations when there was ICO.
October 27, 2017, 10:24:15 PM
When tokens? I heard October 
October 27, 2017, 09:19:03 PM
@ulhaq. Are you telling us that Tezos and its founders are showing all the other ICOs that they have found the perfect situation to scam the community? This is very worrying, because the same model might become the customary way of doing ICOs.
It is the participants who should be protected, not the ICO developers.
It is the participants who should be protected, not the ICO developers.
October 27, 2017, 05:17:03 PM
It has already been mentioned twice in this thread: all the btc/ethereum given were DONATIONS. Thus they have no obligation to give anything back to anyone.
October 26, 2017, 09:10:53 PM
This whole thing is highly disturbing... Tezos was set to be huge, but this is some serious bungling that casts doubt on the entire project. Not sure how they can bounce back from this, even if they do regain control of the investment/donations. 
.
.Whether Tezos will recover or not should not be the principal issue in this controversy, but the bitcoins and the ETH invested by the people who to the risk willingly should.
If their internal disputes continue longer than expected, will the investors have a chance to get their coins back? Does the SEC or a Swiss regulator have to intercede if the investors want their coins back?
Those are the questions that should be asked.
October 26, 2017, 04:46:47 AM
"In the Tezos fundraising, participants were told they were not making an investment, but a “non-refundable donation” to the Tezos Foundation, which is seeking not-for-profit status."
This is the biggest ICO ever if this is really true. I have not see any updates about the project this past few weeks. Until i see this news. That's really sucks. So everything that has been invested to them was all donations? What the hell? What will happen next? I feel sorry those who invested on this project.
This is the biggest ICO ever if this is really true. I have not see any updates about the project this past few weeks. Until i see this news. That's really sucks. So everything that has been invested to them was all donations? What the hell? What will happen next? I feel sorry those who invested on this project.
October 26, 2017, 04:28:45 AM
This Tezos story is just one of the many reasons why the government would be pushing to regulate strictly the issuance of ICOs...and we have nobody else to blame but the greed of the people who are introducing these ICOs...of course not all but that is not how the government operates...a small apple in the box can mean that the whole box has to be taken out.
totally agree. Now we can see why Chinese government wanted to stop the ICO activities to protect its citizens.
October 25, 2017, 10:21:05 PM
This whole thing is highly disturbing... Tezos was set to be huge, but this is some serious bungling that casts doubt on the entire project. Not sure how they can bounce back from this, even if they do regain control of the investment/donations. .
. October 25, 2017, 10:06:59 PM
This is idiocy all around.
Why would so many people make donations to a non-profit?
Why did the Breitmans establish the foundation in Switzerland when they don't seem to understand how Swiss law affects the foundation?
Did they not consider to use some of the $232 million to get some legal advice?
Why would so many people make donations to a non-profit?
Why did the Breitmans establish the foundation in Switzerland when they don't seem to understand how Swiss law affects the foundation?
Did they not consider to use some of the $232 million to get some legal advice?
October 25, 2017, 10:02:59 PM
@bigdude. The people in the Tezos community are still supportive of the project which they should be. There is still a chance that everything will be put in order and then put this problem behind them. But they might also be bordering in denial.
In denial? https://www.reddit.com/r/tezos/comments/78o1zh/the_tezos_controversy_is_exactly_why_crypto_needs/
Tezos' development will depend on how close the government is in starting to intervene.
In denial? https://www.reddit.com/r/tezos/comments/78o1zh/the_tezos_controversy_is_exactly_why_crypto_needs/
Tezos' development will depend on how close the government is in starting to intervene.
October 25, 2017, 09:06:26 PM
That will be the biggest scam if it be.
And I have my part there. So crazy
it has been few moths but nothing announcement
And I have my part there. So crazy
it has been few moths but nothing announcement
October 25, 2017, 09:02:22 PM
@CryptoBry. This is the biggest worry that might unsettle both the regulators and the ICOs in the cryptospace.
In the Tezos fundraising, participants were told they were not making an investment, but a “non-refundable donation” to the Tezos Foundation, which is seeking not-for-profit status.
If the Tezos foundation and the Breitmans, pictured above, do not solve their conflicts from within their organization, then they should refund all the investors of the ICO. But according to Tezos the investors are really donators and do not have the right to claim for a refund.
They carefully planned this to protect themselves but not their investors.
Will Tezos then become the biggest scam in the cryptospace?
In the Tezos fundraising, participants were told they were not making an investment, but a “non-refundable donation” to the Tezos Foundation, which is seeking not-for-profit status.
If the Tezos foundation and the Breitmans, pictured above, do not solve their conflicts from within their organization, then they should refund all the investors of the ICO. But according to Tezos the investors are really donators and do not have the right to claim for a refund.
They carefully planned this to protect themselves but not their investors.
Will Tezos then become the biggest scam in the cryptospace?
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