Since the end of the ICO, Authorship has been having alot of problem..they decide to take a break for a week.it now more than a week and we haven't heard anything from them..they provided that the starting price of ATS was supposed to be 0.15$.but ATS is presently trading at 0.0011$ @ etherdelta. PeterAuthorship
https://bitcointalk.org/index.php?action=profile;u=1091771 I think your nap time is now over.come back and finish what you started.
Looks like that's their exit strategy. I looked at the end thread and a lot of member are fuming mad for not receiving their tokens. But the problem is some says they did. Its so confusing. And its more than a week after the cooldown and still no sign of Peter or who ever that person it. This is a example why Chinese wants to banned ICO. There are no protection from those scammers. Sad to say, I think you should moved forward now. The guy won't surface anytime soon.
This is right, there is no insurance with ICOs so basically all of them are a fraud until otherwise demonstrated. A bad program management also can lead to a break which can lead to something looking like a ponzi scheme, like you remarked, some people got their tokens but they were at the top of the pyramid, i'm on the side this is a scam
Curious how some people call Authorship a scam and link to a website we are unrelated but forget to mention that they ALREADY built a successful company (DotWriter) and run another successful authors marketing company for several years (Serious Reading).
They aren't born yesterday and are in the publishing industry for years.
If some people cheated during the bounty campaign, and everyone knows this is an on-going story with ALL bounty campaigns for all ICO as everyone tries to cheat and Authorship refused to pay cheaters, this doesn't make Authorship a scam.
People just need to see ATS actual price to notice that Authorship is a successful project:
https://coinmarketcap.com/currencies/authorship/#chartsATS price = $1 USD or even higher sooner or later.