Oh, trust me, they brought that up and did their math.

@HerrHeimlich to your question regarding our goal: As mentioned in the whitepaper if we don't reach our soft cap we contact all our investors with a refund or new project plan.

it's incredibly difficult to make this idea work, even in the US, not to mention other countries where prison conditions are more violent.
already there are any arrangements in any organizations to implement this idea?

CTN Token Sale: Unsuccessful — The future, refunds and bounties

***Refund guide can be found here***

Hi CTN Community,

We are unfortunately at the end of our unsuccessful token sale. We firstly wanted to thank everyone who supported us by contributing to the token sale, helping sharing our dream or taking part with in bounty program.

Despite our efforts, our CTN Token Sale was unsuccessful. The sale has been a long and tough process for us — with our company pouring time, money and resources into every aspect of the project including concept, resources, marketing, development and more.

We have learnt a lot over our journey and have identified areas we were lacking — some key factors which we feel contributed to our unsuccessful token sale:

Lack of community ‘buzz’
Competing with other larger projects with advertising budgets
Perceived ROI with a project containing ‘industry good’
Lack of private equity
Despite the above our company and team have committed to carrying on Crypto Trust Network. The past few months has seen us inundated with stories from the community of people being scammed, phishing attempts (which we, ourselves experienced the first night of our sale) and more. This has only fueled the fire of CTN and motivated us even more to get our platform off the ground.

As such, CTN will be making a return within the next few months — we are restructuring our business model and will be offering a private equity sale before the public token sale to kick-start the platform.

Refunds
Of course as we didn’t hit the softcap all CTN token holders will be eligible for a refund of their ETH. We are using an industry standard painless ERC20 refund mechanism which will allow you to retrieve the ETH you contributed to the CTN token sale. We will be doing a full blog post around this process and have support staff on hand to help with the process if required.

Bounty
As our token sale was unsuccessful we will be re-launching the CTN token in the proceeding months; as such we will honor all bounty program contributors under our new structure. We will be sending our an email specifically to all our bounty hunters with more detail around this.

We are deeply appreciative for all the support from all contributors and on behalf of myself and all the team I want to apologize for failing to meet our targets; however after some re-development and private equity deals are finalized we will be back and better than ever.

Please feel free to reach our directly to me with any questions.

Jim Dowling
CEO
Crypto Trust Network