The ICO address 0x3aae4da9A22d518996031791D3Bd61f45DEf6aC7 is not a contract address, are your guys sure that isn't a scammer project?
Hi,
We surely aren't a scam. Let's start from here, since I believe this is why you registered, to call us a scam.
Have you done some basic research about us and our company before?
Our parent company is Serious Reading (
http://seriousreading.com), we are in the book marketing business for several years, have thousands of authors who use monthly our services, have thousands of authors who already used our services for years, you can find our Company name on dozens of books.
Here's just about 1000 author interviews our company did:
http://seriousreading.com/category/author-interviews , proof we weren't born yesterday.
Here's our Facebook page with over 100,000 followers as well:
http://facebook.com/seriousReadingBooks/Going forward: On our Authorship About Us page (
http://authorship.com/about-us/) you can find both our address and a video with the CEO. (From what I remember, scams usually have no address, no team, no past background, no nothing). If you are from Maryland area, you could even meet him in person, in case you may reply "how do I know who that guy is".
About the ICO address, yes, it's not a contract address and this is something many ICOs use instead of a contract. The reason are various, but for our particular case:
-unlike ICOs that have an infinite supply of issued tokens, we don't. We have a fixed supply volume.
-some ICOs have a predetermined token price. We don't. 1 ETH = 2000 ATS minimum, but it can get higher than this based on the total amount raised.
-besides ETH, we also accept credit card and wire deposits. A contract could not handle that. (PS: from what I am aware, scams don't have bank accounts, or credit card merchant accounts either; the idea is that they want to stay as hidden as possible)
-a smart contract could have not handled our referral bounty campaign. The free ATS tokens have to be distributed manually.
-right about the time when we were deciding if we should go with a contract or an address and how things should be, there were a few instance of exploited contracts and we wanted to make sure we don't risk it.
Now, regarding your other post below about why we don't use Slack, or Reddit.
Why should I? Last time I checked only 3 million people from all around the world used Slack. If we have no need for their project management platform, why should we be forced to use something we currently don't need. Our management system we currently use is just fine, so we won't change our behavior just because someone thinks that platform is better.
As far as Reddit goes, neither me or my team members are active Reddit users, meaning we wouldn't even be allowed to create a subreddit (these are the rules). I admit, reddit has it's uses, but it's not something you see too often in the publishing world. How would having a reddit channel helped our credibility? We are already using this forum, as a public meeting place, for everyone to see and share their thoughts. There are hundreds of posts all over reddit about our company, should anyone really want to find us there anyway.
I understand many ICOs rely on all these free advertising methods to attract investors. Many probably don't have any other option. We personally used our inhouse $250K advertising budget to advertise through Facebook/Adwords , and I dare to say, the results are much better. Most forum members here saw our ads way earlier than this thread (who for most of the time gets buries through the hundred others here).
As such, people who believe in us and our company, are free to join our ICO. Anyone having doubts can wait until the ICO is over and buy our ATS tokens from third party exchanges later.
Regards,
Peter
CDO Authorship.com
