First day when I saw their news, website and their team members.. this ICO looked very promising.. and also at that time India had just 4-5 good exchanges..
But today.. India has almost 15 exchanges Both P2P and Money escrow modal along with wallets.. none of them had ICO. and despite backers such as McAfee why do they need to do ICO?... Just for gathering money and traffic?
So in order to ask questions before investing I took to their telegram group and posted below text.. twice getting banned and I could see people agreeing to my points..
Friends I have serious concern about Bitindia ICO. IF their modal is just Wallet and Exchange than there are already 13-16 better exchanges available in India...
They are in process is creating hype through PR campaigns!! My previous telegram group post was deleted and I was blocked from group when asked about their USP. According to me it's not worth investing.
Check out new Exchanges like Coinome, Itbit, Coindelta, Coinsecure also they have multiple coins.
I would ask Bitindia to answer my questions instead of banning me!!.. as I will keep coming back.
I strongly discourage investing in their project. It's just another kind of sham ICO...
I have joined Bitcointalk just to post this.. ETH are better in your wallet than here...