LakeBanker CSO: Civic’s ICO was ‘North Korean style’

[Bejkn]

“We can't disagree more about Civic's token distribution methods,” LakeBanker CSO Dr. Andrew Joseph McCarthy explained to Cointelegraph. “LakeBanker and Civic have nothing in common in this regard.”

“To us, their approach is North Korean style. This is due to several factors,”

“An arbitrary fixed price is set, which is not the market price. A bunch of rules are set to stop people from purchasing their tokens. Many limits are just random numbers without much logic or data to support them. This is not a free market.”

https://cointelegraph.com/news/ico-wars-continue-as-lakebanker-says-civic-was-north-korean

interesting...

[1713970269]

1713970269

[titulng]

not only Civic, I think all ICO project are North Korean style.

can't understand why do you want to use a stranger to pay for your dreams?

[Kanapka]

Same could be said of other so called ICO's.

But it is a free market, people are free to do stupid things or even give up their freedom.

[marketprice]

Nonsense, it was open to many people. There is no "right way" to launch an ICO. It's what comes of the product/team in the months and years that really matters.

[NJB18]

Nonsense, it was open to many people. There is no "right way" to launch an ICO. It's what comes of the product/team in the months and years that really matters.

It was open to those who know about their ICO. There is no problem with it. That is Civic's ICO style. In the same way that there are free airdrops that are not really free at all. Each his own way.

Indeed, the truth of the matter is their project's prospects in the future and how they would end up faring. But for now, Civic's doing real good in the market. Pumping right now.

[Bejkn]

Same could be said of other so called ICO's.

But it is a free market, people are free to do stupid things or even give up their freedom.

in this sense, there isn't un-freedom in the world, beside crime. all thing are people do is in voluntarily.

i think the "North Korean style" in the article is mean that the Civic set a variety of gimmicks to promopt the ICO, and meanwhile Civic set a variety ofbarrier to prevent people who seduced by their gimmicks from buying. like a slut much.

[Bejkn]

Nonsense, it was open to many people. There is no "right way" to launch an ICO. It's what comes of the product/team in the months and years that really matters.

It was open to those who know about their ICO. There is no problem with it. That is Civic's ICO style. In the same way that there are free airdrops that are not really free at all. Each his own way.

Indeed, the truth of the matter is their project's prospects in the future and how they would end up faring. But for now, Civic's doing real good in the market. Pumping right now.

I’m an investor in Ripple and many other Fintech companies, and I also explored why Civic is one of the successful ICO, it's gimmicks more than connotation.

[Nrcewker]

but, Kim Jeong-eun lives well, North Korean is standing there, and there is no one can handle it, even China or America.

also, Civic's price is moving up now, this is a fact.

[criptix]

Draper is a beast.
I didnt knew from the ico until it was too late. But hearing of draper investing i bought it at 6k.

Feels good man.

[Nrcewker]

Draper is a beast.
I didnt knew from the ico until it was too late. But hearing of draper investing i bought it at 6k.

Feels good man.

what is Draper?

[TinaK]

but, Kim Jeong-eun lives well, North Korean is standing there, and there is no one can handle it, even China or America.

also, Civic's price is moving up now, this is a fact.

so, the people of North Korean will not invest LakeBanker in this sense. people from North Korean love Kim Jeong-eun, and like to hug civic 

[Caladonian]

but, Kim Jeong-eun lives well, North Korean is standing there, and there is no one can handle it, even China or America.

also, Civic's price is moving up now, this is a fact.

so, the people of North Korean will not invest LakeBanker in this sense. people from North Korean love Kim Jeong-eun, and like to hug civic 

well if concept will followed those who invest with civic will be enjoying right since the people behind is really making great move
and they are bringing civic to a good position though it is still a dream but things can happen so fast.

[stupid_seb]

Draper is a beast.
I didnt knew from the ico until it was too late. But hearing of draper investing i bought it at 6k.

Feels good man.

what is Draper?

A rich smart dude

[BitFarmer75]

but, Kim Jeong-eun lives well, North Korean is standing there, and there is no one can handle it, even China or America.

also, Civic's price is moving up now, this is a fact.

that Kim dude is going to be busted!!!

[TinaK]

but, Kim Jeong-eun lives well, North Korean is standing there, and there is no one can handle it, even China or America.

also, Civic's price is moving up now, this is a fact.

so, the people of North Korean will not invest LakeBanker in this sense. people from North Korean love Kim Jeong-eun, and like to hug civic 

well if concept will followed those who invest with civic will be enjoying right since the people behind is really making great move
and they are bringing civic to a good position though it is still a dream but things can happen so fast.

can't agree, they can't just describe a good Utopia, then it's killing me. there is a lot of great concept, you can't invest everyone. maybe people really live in North Korea and never see the world.

[titulng]

but, Kim Jeong-eun lives well, North Korean is standing there, and there is no one can handle it, even China or America.

also, Civic's price is moving up now, this is a fact.

that Kim dude is going to be busted!!!

Who dares to bust Kim who is the Great Man in Changbai Mountain?

[LakeBTC]

Big difference in the vesting schedule's for team tokens though. We (LakeBanker) have a full 5 years----only 20% of team tokens are available for trading each year. This shows our team is committed to the project.

Civic has no such vesting schedule at all???

[mamontkiev]

Sinle rules for everybody - is IPO and regulated market.

ICO is absolutely free and rules are established by each team for own project. You could accept it or not.

Vinni`s project could be too risky and ambitios but their PR-activity quite effective

[Bejkn]

Sinle rules for everybody - is IPO and regulated market.

ICO is absolutely free and rules are established by each team for own project. You could accept it or not.

Vinni`s project could be too risky and ambitios but their PR-activity quite effective

All the original sin is that go into the threshold of ICO is too low!

[Jamacn]

but, Kim Jeong-eun lives well, North Korean is standing there, and there is no one can handle it, even China or America.

also, Civic's price is moving up now, this is a fact.

that Kim dude is going to be busted!!!

Who dares to bust Kim who is the Great Man in Changbai Mountain?

The Trump administration is ready to start with North korea. and China will default on this behavior because North Korea is no longer follow with Beijing.