(Sorry about my English, not my main anyway)
in their whitepaper, got some weird situations:
1. Whitepaper: not public, have to wait about a week after subscription
2. Company hold 150m token, and want to sell another 165M in ICO (too much for company i guess, correct me if i'm wrong)
3. That kind of machine will not success in Vietnam, too many tried from other giant companies, especially with crypto
4. Some quotes from the whitepaper:
No warranty, guarantee or undertaking is made by Dropfoods and or the Distributors of the Dropcoins regarding:
The Dropcoins are not intended to constitute:
1. the performance of the Dropcoins;
2. the performance of the assets underlying the Dropfoods business or the Dropcoin token purchase;
3. the accuracy of the information contained in this whitepaper;
4. the accuracy of the financial or other projections contained in this Whitepaper.
Vietnam's prime minister has approved a plan that could see the country formally recognize bitcoin as a form of payment by 2018.
This's out date news, here's lastest, Vietnam do not allow Bitcoin, yet
http://vneconomy.vn/tai-chinh/viet-nam-khong-chap-nhan-tien-ao-la-tien-te-20170911083549339.htmThis Whitepaper, its contents, the Digital Wallet and the Dropcoin Token Offering have not been approved by any regulatory body in any jurisdiction. It should not be assumed that the , its contents, the digital wallet and the Dropcoin Token Offering complies with any laws, regulation or legislation of any jurisdiction.
From my point of view, and my experience in Vietnam, not approved by the government is at the same level at illegal, like China
The Dropcoins are not intended to constitute
...
ii. Currency of any kind;
Convert Dropcoins into fiat currency for purchases in the machines
and alot of un-transparent and incorrect infomations
Here's the link of Whitepaper that i've got a while ago, just incase they want to change something after this post
https://drive.google.com/open?id=0B8CbHubdplncSTJjbzVJUkJ0d00
