I see some excitement about this project, however, analyzing it more carefully I'm not confident about this project
Few things got to my attention:
- 20% given to the team and only 38.5% sold to the public. IMHO, it's not good.
- Also, if you combine that with the fact that I see nowhere written about lock-up periods, so I assume there are no lock-ups. That's just bad considering the disproportion between the amount of token sold to the public and to the private (38.5% vs 61.5%)... Fast cash-in and run away. Who would guarantee that the team will stay and deliver the project?
- Last but not least, I have found inconsistencies among the team members presented in the slides vs the team on the websites vs their linkedin profiles. Which source should I trust?
If these points are not clarified, I would stay away from this project.
Hi. Thank you very much for your feedback! Regarding your comment, I would like to say that,
1) Up to 62.50% will be sold during our ICO. The remaining amount of atleast 15% will be sold later to VC's or ICO 2 for a higher price than the highest token price of ICO.
2) Its 20% for the team with 5Y progressive lockup period which give 2% every 6 months. In case one of the team member wants to leave the company or do not commit enough to stay in the company, the remaining amount of his tokens will be given to the person that will replace him.
3) 2,5% to bounties and Advisors.
4) We are here to stay and shape the future of banking
5) Website is constantly being updated with new professionals joining our team and soon we will update our "team slide" in this forum. Linkedin profiles are real and I dont see anything wrong there.
Best regards,
Deni.
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