The company is based in Singapore, I do not know it's association with Russia.
Alex,
Do you believe it's a SCAM based on your knowledge and research?
I believe you said somewhere do not invest on any ICO if the team is unknown or if there no ESCROW
Thanks,
https://steemit.com/bitcoin/@azzot88/kibolotto-is-a-scamFrom my research here is what I have concluded, there has been an event and it has been used for the purposes of promoting Kibo in Singapore.
Do I know any of the developers. No I do not, I have told them the best idea is to reveal identities.
Escrow protection I do not believe there is no current escrow protection, the community really has to focus in on these things.
Smart contract code - It has not been released yet, so any code vetting cannot be done currently.
Do they understand business - my guess is yes from the details I have read and the explanations they have written.
I hope this helps, the community really has to put pressure on them for these ideals. I am currently waiting for a vetting of the contracts - I really hope they make the correct moves here, because no contract vetting at the start especially for Ethereum soldiity smart contracts is a big problem and they have 11 days.
I hope this data helps.