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Yes! You read that right. Purvi Capital, Chicago based VC fund purchased over 60 Million tokens in Enkidu’s Private Sale. Enkidu's team said that they were immensely happy with Purvi Capital for their participation in thier Private Presale and welcomed them to their journey. This is what they had to say -

“We’ve had a great relationship with VCs in our roles at Enkidu’s parent company, Avalon Labs, and are excited that an idea like ours that makes real use of the blockchain and smart contracts is now seeing validation.” – Varun Mayya, CEO, Enkidu

Read the complete story here : https://www.ccn.com/purvi-capital-chicago-based-vc-fund-purchases-over-60-million-tokens-in-enkidus-private-sale/

Needs to be a little more smart when trying to hype up or market a Scam!!

https://thehackingteam.com/enkidu-enk-ico/

Yes, good for the Company or on Enkidu team but lets say they do have only 100M total supply and 60M was already been own by a single investor, this thing already give already negative views towards the project. Having an investor who own most of its tokens are really prone to manipulation. We dont even know that such funding is just a propaganda.

Got all the points in the site you have linked about Enkidu which those things mentioned are almost overall true towards this project. Vague reasons do commonly found on Scammy projects.

Dude you just killed it.
60 million bought by one client isn't that skeptical considering the way bump and dump works, who in their right mind will buy such and for what? if not to scam. :-\


 

I doubt that this is a genuine ICO / investor story. Even if it's true there must be some type of collaboration between them in a pump and dump scheme. It would have to be like a telegram ICO to get that kind of investment

i dont think this is true tho,is somehow not possible with this particular coin,wait a minute maybe your trying to hype the coin

I think this is overly hyped. This amount of token cannot be bought at a time. Some issues will obviously occur. It's a scam i guess.

Yeah the story seems really faulty, maybe to generate hype?

Really everything about it points to it being a scam though I think so

Though selling 60m tokens by one person is a great news, it sounds just hyped. Even buying by a single client is not a good sign for that company. There is a high chance of market manipulation. So I believe investors should check them properly and take decision. 

sounds impossible for me,, because in this situations is hard to get a huge single investors to any project of crypto,,
but, if the news is true, i believe the project will reach the hardcap in quick

That is huge amount but at the moment i do not see any successful crypto related venture capital project, the ones i know from last year called bcap and starta are not performing well, i do not think venture capital in crypto is going to attract more people as startups are risky and according to one study more than 80% startups fail, i think there should be projects with new ideas and concepts like diversified portfolio or risk management for crypto investors.

. It seems that a large amount of amount is invested by this man but the main thing is it may be viral news also there are no trusted news about this based on this if its happens then market will be benefited but it will effect to project but I don’t think this is trued information.

Yes what you heard about that statement is absolutely right. Purvi capital in Chicago which is VC fund based purchased over 60 Million tokens in Enkidu’s Private Sale. Enkidu's team said that they were immensely happy with Purvi Capital for their participation in thier Private Presale and welcomed them to their journey.

Do not make me laugh with your statement, with 60m tokens purchased by 1 person is not good, but if your project is right, then it is a trade monopoly, and what percentage do they use for development? This looks like a scam to me, prove that my statement is wrong, and I wait for it to be listed on one of the big exchange like binance

I can’t understand. How this possible. One client brought 60 million tokens. But if he use for hype then it will be affect this industry also.

Well thank you for the article. But I think it is not real It can be a hype.

60 millions of token, not $ 60 Million worth of tokens. Why not, I don't see anything special about that. Not sure if this ICO is great btw