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Topic: The Effect of chinese ban on ico......kybe just excluded chinese investors (Read 352 times)

hero member
Activity: 599
Merit: 500
Hi,

Maybe ,I'm the right man tell you  guys the truth ,Sure ,there are some bad news from the regulator sevaral days ago.
Anyway,the worst news not released and the fate for the investors in China are very undertain these days, Chiese Crypto currency investors are waiting for the final result.

Best wishes for THEM.
sr. member
Activity: 322
Merit: 250
This  morning i saw a post on kyber telegram channel that Chinese investors have been excluded from their crowdsale. I think this will have a serious effect on the ongoing ICOS . I hope they come out with a solution to this by just regulating the ICOS,  truly a lot of icos are just out there to scam investor and will not fulfil a single promise they make or execute their roadmap.
This is quiet understandable... No US citizen and now no Chinese citizen can participate in ICOs. It should be the rule all over the ICO industry. If the project is worthy, investors will invest and not ordinary people who are easy to scam.
Interestingly, before this ICO mania, many altcoin projects managed to start and flourish without any upfront millions. DASH/Monero could start up without millions worth of ICO money, why can't the new token projects do the same? Maybe because they can't deliver anything apart of the shiny whitepaper?
hero member
Activity: 1568
Merit: 511
This  morning i saw a post on kyber telegram channel that Chinese investors have been excluded from their crowdsale. I think this will have a serious effect on the ongoing ICOS . I hope they come out with a solution to this by just regulating the ICOS,  truly a lot of icos are just out there to scam investor and will not fulfil a single promise they make or execute their roadmap.

Seriously?

Chinese investors are excluded from Kyber network ico? Do you have any information regarding on how much participants is left after excluding all the chinese investors and rejected applications investors?
Guess they don't wanted to get involve in process like refunding an ico, its pain

Thank you!
full member
Activity: 1064
Merit: 102
This  morning i saw a post on kyber telegram channel that Chinese investors have been excluded from their crowdsale. I think this will have a serious effect on the ongoing ICOS . I hope they come out with a solution to this by just regulating the ICOS,  truly a lot of icos are just out there to scam investor and will not fulfil a single promise they make or execute their roadmap.
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