Seriously, Tradove's telegram group is run by plebs and total noobs posing as crypto experts.
I just got banned for asking a simple question, in the public channel.
Being an investor in their ICO, I now feel how stupid I have been and will probably be left with holding worthless bags of Tradove tokens
It seems like it is nothing more but a blatant money grab. The whole ICO is done wrong, there is not even a smart contract.
The ICO hard-cap was modified, because - as the CEO said, they would need the extra money to pay for taxes.
Then , the ICO end-date was extended and people were effectively buying tokens after the end-date.
Then, it became unclear when the token would be unlocked (there is not even a smart contract!) and as of today,
there is still no sight on an Exchange willing to list this token. This ICO ended weeks ago.
Probably, they thought it would be easy to get listed after grabbing 52M USD. Now, the telegram group admins are promising a listing in April.
That must be a fool's joke.
Be smart and sell it before it vanishes, rumor goes it will be "released" in 2 days.
First of all i want to say i dont like some of the admins in the telegram too, but your post is ridiculous.
Every ICO is a money grab, thats the purpose of the ICO's, companys collect money to realise the ideas they have. Not having a smart contract was a good thing, that allowed them to reach the hard cap, because this way they can accept fiat, which if they actually reached the hardcap (i have a theory they didnt, u can check my post from the last month, but i cant be sure about it, so i take it as they say) according to etherscan was most preferable way to deposit because of the crypto crash. First time i see about hard cap being modified and im following this ico since early January? The cap was always 52M. Now at first i didnt like the fact they extended the ico because serious companys have to stick to what they say, but when you think about it, it is good long term. If you are a long term investor you want them to have the money to achieve what they aim for, you dont want the company to run out of money and not being able to complete their roadmap. It is clear from the start that tokens will be unlocked after distribution, there was a discussion if we should lock them, but only that, never a tradove member said that the tokens will be locked. And about the exchanges... It was said from the start that we will receive the tokens before Q1 ends, that means we can get them on March 31, which also means the exchanges will be no earlier than April. Its not that hard to connect the points, you just have to think a little.