Yes - probably not a scam but it is very unprofessional and doesn't bode well for their abilities to develop a viable product.
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Yes - probably not a scam but it is very unprofessional and doesn't bode well for their abilities to develop a viable product.
The 117k ETH cap aslo seems very high. It should at least warrant an explanation. Many ICO usually takes around $ 10 million unless there is some special need for the funds.
Good point - in fact I heard someone else say something similar - it just looks greedy. How can a startup even spend that much money?