i can't say scam or not
because iam not found kitcoin in announcment thread, can't review dev team, plan project, roadmap and more
Well, I'm calling scam. NO one attempting to get that much venture capital $$$ with a full page Time Magazine Ad, could deliberately be that disorganized
not to have what you mention above.
It is just not possible if it was a legit venture. No one would invest in a company pulling that stunt, full page ad or not.
Thus it is a scam, preying on those clueless on crypto, not doing due diligence in researching this like they should a business...simply because it is mysterious crypto.
What the Kitcoin scammers are doing imho, assuming folk won't dig too deep before sending funds. Actually, this is how MOST ponzi schemes work.