https://nambk.files.wordpress.com/2018/07/img_trade-io_ico-consultancyann.jpg?w=500trade.io released a statement days ago regarding its ICO consultancy as below:
Dear community member,
As a professional and secure ICO consultancy, trade.io only offers its consultancy services to projects with sound management, innovative ideas, and above all, the ability to add value which we pass along to our wonderful community of TIOnauts. With that said, trade.io today announces we are terminating our partnership with Zero Edge and removing our “Verified by trade.io” seal of approval on its ICO project, effective immediately.
We implement strict measures to ensure our TIOnauts are being exposed only to fully vetted projects. While obviously there are no guarantees these projects will be successful, the consultancy services team does the best it can to put everyone in the best possible position for success.
From time to time there will be certain projects that do not adhere to the standards we have set out after verifying them for one of many reasons, and we need to take action accordingly to protect our TIOnauts.
Please be aware that trade.io did not airdrop any Zero Edge tokens, nor did we participate in any fundraising for Zero Edge’s Pre-ICO or ICO.
We apologize for any inconvenience caused by this action, but again, we always put our TIOnauts interest first and foremost when making decisions like this.
Warm Regards,
trade.io Management
So what’s wrong with Zeroedge, the one which has been vetted by trade.io before?
Zeroedge was indeed verified. There was nothing wrong with KYC or due diligence. trade.io founds no issues with KYC or due diligence that Zeroedge had provided. trade.io also has no evidence to support a claims of fraud or wrongdoing.
The decision to terminate ICO consultancy with Zeroedge is a result of Zeroedge not following trade.io’s advice in addition to Zeroedge’s continued unresponsiveness to communication attempts of trade.io.
trade.io claims not to engage with any client who does not meet their quality standards and it was best to inform trade.io’s community of this desision.
trade.io also wishes the Zeroedge team all the best in the future endevors.
About trade.iotrade.io is a next-generation financial institution based on blockchain technology, providing the ultimate in security and transparency. By leveraging decades of experience in the investment banking, trading & FinTech sectors, and combining them with the power and transparency of the distributed ledger, trade.io has created a truly unique product that will revolutionize asset trading and investment banking.
References: 1. Homepage:
trade.io 2. trade.io Telegram community:
t.me/TradeToken
