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Author Topic: Confido speculation  (Read 165 times)
Cicada1033 (OP)
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November 08, 2017, 11:58:28 AM
 #1

Just read that KuCoin will list Confido today.

The ICO was sold out after 40 seconds and the project look pretty good. What are price predictions?


http://confido.io

https://coinmarketcap.com/currencies/confido/#charts

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kumiskura
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November 08, 2017, 12:03:39 PM
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are you kidding me ?
the ICOs sold out for just 40 seconds ?
why i never heard about that project ? it should be a well known project because they can attract a lot of investor into it.
i ever encountered something like this,
too bad it's a scam one,let see what will happen with this one.
i hope it's not like that or else,but that ICOs sold for 40 seconds really make me doubt it.
Cicada1033 (OP)
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November 08, 2017, 12:11:43 PM
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are you kidding me ?
the ICOs sold out for just 40 seconds ?
why i never heard about that project ? it should be a well known project because they can attract a lot of investor into it.
i ever encountered something like this,
too bad it's a scam one,let see what will happen with this one.
i hope it's not like that or else,but that ICOs sold for 40 seconds really make me doubt it.

I guess it was sold out quite fast because they only collected 300,000$.

From their website:
Quote
We think the current ICO space is messed up; companies are raising millions without a fully working product or existing customers. We have talked with financial analysts and we simply don’t need more than $400,000 to develop and market our project. ICO’s are a great opportunity to get funding for a project, but we don’t want to abuse this opportunity.

Starting with a low market cap is also beneficial to investors. Greater gains can be realised when the initial market cap is low. It’s much easier to go from 1 to 2 million (market cap) than it is to go from 100 to 200 million.

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