people behind this project was doing nothing. A few years already passed and there's no explanation about what's going on with the funds. Full with a gimmick. This project was a dead project running by scammers.
All of bitcoin raised on the sale disappeared to the somewhere.
That $5,3M funds is very large,
It's the total amounts raised at that time, bitcoin and ethereum were surging a lot. This time it's worth more than 50 million USD.
I don't think there's a project that isn't successful if they get that amount of money, especially at the moment.
They can do anything with the money but this scam project lack of transparency. As some people said above there's a chance for money already used by the team itself. They were only spending a few percent to keep the site alive to make sure there will be no a legal action against them all.
Right now, it seems my thinking is unmistakable, the funds have been spent on partying by the team, there is nothing left. It's funny to see this project like starting all over again.
that's what im thinking about. maybe they were still storing some of the funds or they have sold it a few years ago.