Good lord! Why wouldn't they at least change the company name and try to mask who is behind the development of this new ASIC. It's not like the name "Cointerra" is well-revered in the business.
My prediction... they will never receive enough funds from preorders to get beyond the planning stage and this will quietly sink into oblivion. Serves them right.
Agreed. We need to stop funding their R&D to have them turn around and treat us like crap. They have some nerve with those terms.
http://cointerra.com/faq/funded/CoinTerra successfully raised its seed capital from angel investors in the Bitcoin and general technology sectors. As with other ASIC companies before us, we offer pre-orders in order to generate further cash flow for our initial production run, and it will be
well worth your while to consider this option in order to get the very best value for your money.
Guess they are not well funded like KNC, so they cant say to hell with the customers yet.
"well worth your while" in Cointerra speak is synonym for legal scam and negative return.