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Author Topic: 🚀 HealthMonitor ICO – trade perspectives📈  (Read 748 times)
frankieShtain (OP)
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November 09, 2017, 03:59:59 PM
 #1

I’m presenting Health Monitor crowdinvesting project. Health monitor –is a combination of crowinvesting and stable vending business model, based on innovative medical diagnostic device. Our goal is to build vending machines business network in European Union. Such a way investors can earn not only on the rate of currency but also earn by dividens. You can read more about it here!

The crucial point is that token holders will hold them because they will wait and earn by dividends (estimation of business model  is more that 200% ROI per year). And at the same time traders can earn on the growing rate of currency.

What you guys think about this kind of income source for crypto traders ? Isn't it a win-win deal for investors and traders?

And for bounty campaign we distribute only 2% of investments. That's why we don't expecting drop after ICO finishes.





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November 12, 2017, 02:52:27 PM
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 Good afternoon Smiley We would really appreciate if you to say your own honest opinion!
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November 12, 2017, 07:10:59 PM
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Diagnostic equipment is very expensive. I do not think that you can quickly implement this project. In general, innovative projects are made for years and here engineers and scientists of the highest qualification should conduct development.

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frankieShtain (OP)
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November 13, 2017, 11:48:07 AM
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Diagnostic equipment is very expensive. I do not think that you can quickly implement this project. In general, innovative projects are made for years and here engineers and scientists of the highest qualification should conduct development.

 You are right medical device certification will take a lot of time and money.  But we already have a working device, and we can show it for everyone !

Our company is a manufacturer of the high-tech analyzing gas device that uses the technology of emission spectroscopy in the visible wavelength range of glow discharge.
We are already selling this device for private use and to companies professionally engaged in vending business.

Heath Monitor is not a certified medical device and can not replace a medical examination in the clinic. Heath Monitor can not be used by a medical professionals as it is classified as an electrical appliance and is subject to CISPR 24 \ EN 55024 certification.

Heath Monitor is used only for the purpose of preliminary diagnosis of possible diseases and can not diagnose or replace a visit to a professional doctor. If you find any gas in your breath that indicates possible disease, you should immediately go to clinic for an appropriate examination.
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November 13, 2017, 11:54:17 AM
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The crucial point is that token holders will hold them because they will wait and earn by dividends (estimation of business model  is more that 200% ROI per year). And at the same time traders can earn on the growing rate of currency.
the dividends are obtained by what ways? addition of a enthusiastic market?
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November 13, 2017, 12:23:32 PM
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indeed at this time that I noticed is the lack of strategy in setting the price of a new coin or tokens so that all who follow ico receive mutual benefits from the ico. I think with this indicator indicates that there are still many ways for ico can be used as media to provide good benefits for the joint, especially those who participate in the ico
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November 13, 2017, 12:34:44 PM
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I was shocked to see the logo on the thread, a bit like minerva owel ..(smart money)
Probably because they both use the bird type logo
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November 13, 2017, 12:43:09 PM
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What do you promote? An app?
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November 13, 2017, 12:46:10 PM
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Diagnostic equipment is very expensive. I do not think that you can quickly implement this project. In general, innovative projects are made for years and here engineers and scientists of the highest qualification should conduct development.

 You are right medical device certification will take a lot of time and money.  But we already have a working device, and we can show it for everyone !

Our company is a manufacturer of the high-tech analyzing gas device that uses the technology of emission spectroscopy in the visible wavelength range of glow discharge.
We are already selling this device for private use and to companies professionally engaged in vending business.

Heath Monitor is not a certified medical device and can not replace a medical examination in the clinic. Heath Monitor can not be used by a medical professionals as it is classified as an electrical appliance and is subject to CISPR 24 \ EN 55024 certification.

Heath Monitor is used only for the purpose of preliminary diagnosis of possible diseases and can not diagnose or replace a visit to a professional doctor. If you find any gas in your breath that indicates possible disease, you should immediately go to clinic for an appropriate examination.

why say you have working device when it would be much better just to show it? Also it would be great to show your team, your lab, your certificate of incorporation - more details - the better.
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November 13, 2017, 01:08:18 PM
 #10

After reading your project it does not really adds up for me.

You (presumably) invented and patented a device capable to detect lung cancer (the one that everyone fears and that has gained most awareness) and you have solid plan of creating "vending" business that offers cheap preliminary medical tests. Sounds great but I can't help but think - if your idea is that good, why seek crowdfunding instead of just finding solid investor (or taking bank loan) - if it is what you say it is investors would practically throw their money to license your invention, yet they don't. That makes me think of worst:

1. You have no experience in crypto, your project have nothing to do with crypto and this project can live without crypto. That makes it very easy for you to take your money, close your current company and resurface somewhere else holding no obligations and funded for smooth run. With little to no legal obligations it bares great risk for an investor.

2. How can we, investors, make sure that what you are trying to sell isn't scam (i mean no offence). What would stop you from putting cheap alco-tester in your vending machine, attach it to random number generator and tell random people every once in a while that they have high health risk and should visit a doctor (it's a win-win, because if they have problems they will thank you, and if they don't - they will be happy).

3. You are seeking to install machines that checks people health in airports. How legal it is? Have you contacted with at least one airport and get positive response? Also, having some device for personal use is one thing, certifying machine for public use is whole other deal considering hassle with hygienic certification. Do you have prototype of your vending machine?
frankieShtain (OP)
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November 13, 2017, 02:02:03 PM
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The crucial point is that token holders will hold them because they will wait and earn by dividends (estimation of business model  is more that 200% ROI per year). And at the same time traders can earn on the growing rate of currency.
the dividends are obtained by what ways? addition of a enthusiastic market?
Unfortunately I do not understand your question. Dividends will be a product from incomes bringing in vending machines.

$5 – the price for a single test.

Daily attendance for shopping center in average – 60 000 people/day.

With a 30 tested people per day (on the average), the payback period of equipment, taking into account the monitor and the protective case with bill acceptor, will be about 2 months.

I will gladly give you more details if you find the time to study our materials.
frankieShtain (OP)
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November 13, 2017, 02:04:31 PM
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What do you promote? An app?

device

We are offering an opportunity to invest in the production and installation of vending machines that can detect diseases, such as: diabetes, stomach ulcer, lung cancer.

Our company is a manufacturer of the high-tech analyzing gas device that uses the technology of emission spectroscopy in the visible wavelength range of glow discharge.
We are already selling this device for private use and to companies professionally engaged in vending business.
frankieShtain (OP)
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November 13, 2017, 02:09:19 PM
 #13

Diagnostic equipment is very expensive. I do not think that you can quickly implement this project. In general, innovative projects are made for years and here engineers and scientists of the highest qualification should conduct development.

 You are right medical device certification will take a lot of time and money.  But we already have a working device, and we can show it for everyone !

Our company is a manufacturer of the high-tech analyzing gas device that uses the technology of emission spectroscopy in the visible wavelength range of glow discharge.
We are already selling this device for private use and to companies professionally engaged in vending business.

Heath Monitor is not a certified medical device and can not replace a medical examination in the clinic. Heath Monitor can not be used by a medical professionals as it is classified as an electrical appliance and is subject to CISPR 24 \ EN 55024 certification.

Heath Monitor is used only for the purpose of preliminary diagnosis of possible diseases and can not diagnose or replace a visit to a professional doctor. If you find any gas in your breath that indicates possible disease, you should immediately go to clinic for an appropriate examination.

why say you have working device when it would be much better just to show it? Also it would be great to show your team, your lab, your certificate of incorporation - more details - the better.

Sure


our team https://bitcointalk.org/index.php?topic=2372214.0

Our website http://healthmonitor.io/

CV of creator device  http://healthmonitor.io/cv

Our patent https://worldwide.espacenet.com/publicationDetails/biblio?CC=RU&NR=2597943C1&KC=C1&FT=D

Our company registration certification   https://or.justice.cz/ias/ui/print-pdf?subjektId=330189&typVypisu=PLATNY&full=false
frankieShtain (OP)
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November 13, 2017, 03:12:31 PM
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After reading your project it does not really adds up for me.

You (presumably) invented and patented a device capable to detect lung cancer (the one that everyone fears and that has gained most awareness) and you have solid plan of creating "vending" business that offers cheap preliminary medical tests. Sounds great but I can't help but think - if your idea is that good, why seek crowdfunding instead of just finding solid investor (or taking bank loan) - if it is what you say it is investors would practically throw their money to license your invention, yet they don't. That makes me think of worst:

1. You have no experience in crypto, your project have nothing to do with crypto and this project can live without crypto. That makes it very easy for you to take your money, close your current company and resurface somewhere else holding no obligations and funded for smooth run. With little to no legal obligations it bares great risk for an investor.

2. How can we, investors, make sure that what you are trying to sell isn't scam (i mean no offence). What would stop you from putting cheap alco-tester in your vending machine, attach it to random number generator and tell random people every once in a while that they have high health risk and should visit a doctor (it's a win-win, because if they have problems they will thank you, and if they don't - they will be happy).

3. You are seeking to install machines that checks people health in airports. How legal it is? Have you contacted with at least one airport and get positive response? Also, having some device for personal use is one thing, certifying machine for public use is whole other deal considering hassle with hygienic certification. Do you have prototype of your vending machine?



Many thanks, your questions are very correct. Unfortunately, we are rarely asked direct questions on the merits. And you correctly noticed that the market of ICO is overheated and there are many not only scammers but also non-professionals and just fools who think that their imagination will necessarily come true.

As an example, we showered suggestions on promoting the topic on this forum for money on advertising in other people's social networks and the sale of contacts of investors. If you just spend good money on advertising, then you can get investments even for creating a *time machine*. But we have a clear project with understandable intentions and a ready-made device that does not require funds for development. It is for this reason that we are interested in the opinion of real experts.

If you can spend some more time studying our business model, you will realize that the yield will be very large, and the ownership of the invention will remain our property. Since the time we will spend on the search for investment in the cryptocurrency will not be more than three months, and the likelihood of cooperation with the venture fund remains, we consider the cryptocurrency crowdinvesting a very convenient way to attract investment.

We do not intend to spend 30% of the estimated investment in advertising to collect them. I think that's what most ICO do.

 These are quotes from our white paper

Health Monitor is a ready product without any stage of engineering and design. Production stage takes 7 months to obtain EU certificate and produce needed amount of devices.
As Health Monitor and S. Atutov are supported by heavy investors, we offer any investor from $30,000 to become the part of the team and sign an official contract for the Health Monitor Czech company share.

Of course, if you initially set a goal to steal or deceive - it can be done not only on the cryptocurrency market.

We have a working device that we can show everyone. Its cost is not so high to change the working parts to the Alco-tester, etc.
We have various medical studies that have been conducted for several years.

we have several videos of how the finished device works, you can see it on our website http://healthmonitor.io/ I will publish it to you right now

here is the description of the device itself

Health Monitor specification details.
The device allows to keep track of low acetone admixtures in patient’s exhaled air. It is comprised of power supply source, spectrometer, discharge cell, sample selection line and process unit.
Health monitor is an electrical accessory, which is to be used with 12V direct current nominal voltage (inclusive). In case of instrument’s failure, voltage (on condition the circuit is broken), multiplied by measured current (which is meant to flow through the circuit with the possible defect) is not more than 15 volt-ampere.
The monitor is constructed of non-toxic materials, sans the ionization radiation. The device is isolated with no impact on the environment, as well as on the vital activity of any organism.
Once an exhaled air sample is drawn, it goes straight to the sample selection line, where the discharge is to be initialized in the discharge cell. Process unit stands for the registration of an exhaled air emission spectrum, with the subsequent analysis of it. Upon that, in order to decrease the exhaled air pressure in a discharge cell, a purge pump is used. Discharge initialization is conducted with the low pressure. Analysis of an exhaled air emission spectrum is to be done by means of spectrum intensity normalization, (rationing with the water vapor concentration in an exhaled air). Hence, water vapors have no impact on the measuring accuracy.
To conduct measurements, blowing the monitor’s tube for a few seconds is enough. All the following processing is automatically accomplished.
The main work principles of the device:
1.   An exhaled air sample is drawn, and carried to the sample selection line.
2.   With help of adjustable valve, the exhaled airflow through the sample selection line is easily regulated.
3.   The air is passed to the discharge cell, with low air pressure (10 – 100 torr), kept up by the purge pump.
4.   On condition the process pressure is reached, a glow discharge is initialized in the discharge cell (with constant current, varying from 5 to 20 mA). To maintain the glow discharge, a 1500V and Imax = 20 mA power supply is applied.   
5.   Further, discharge’s emission radiation is passed to the spectrometer through the fiber-optic cable. Spectrometer’s signal is registered and processed by the processing unit.
6.   The device’s software analyses the exhaled air specter and compares it to the surrounding air specter. Based on this comparison, various impurity gases concentrations are calculated.
 The device could be used for measuring the blood sugar level, as well as to detect the infancy of lung carcinoma, stomach ulcer and diabetes. It experimentally finds, the acetone concentration, measure by Health Monitor, is linearly proportional to the blood sugar level. Presence of the certain impurity gases does well indicate a probable disease, even though the device does not find the precise diagnosis. Such a medical test results may accent the necessity of the full medical examination.
Moreover, technical facility, described above, could serve as a detector of pollution and impurity gases in an environment air, such as mercury, xenon, methane vapors, narcotic and explosive substances in the air, etc.
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November 13, 2017, 09:08:36 PM
 #15

After reading your project it does not really adds up for me.


1. You have no experience in crypto, your project have nothing to do with crypto and this project can live without crypto. That makes it very easy for you to take your money, close your current company and resurface somewhere else holding no obligations and funded for smooth run. With little to no legal obligations it bares great risk for an investor.


This point is very interesting: I do agree that cryptocurrencies and tokens have the best fitting when censorship is a central point. Of course, this doesn't apply to this project. But, here, tokens are mostly a means to raise funds and to build a token economic based on dividends distribution. Would it be possible without cryptos? Of course YES, but with 2 drawbacks:
a) IPO and/or seeding rounds are very expensive
b) not everybody lives in countries with a large base of angels/VC

So, but it's just my view, a small/medium cap project, with a definite token economic (with mechanisms to preserve tokens value like dividends, sinking, buybacks) has perfect sense and can be profitable for investors.

About risks, this project is based in the Czech Republic and you can find all the team on Linkedin. Not much difficult to chase them if they steal your money  Grin



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November 14, 2017, 07:54:24 AM
 #16

After reading your project it does not really adds up for me.


1. You have no experience in crypto, your project have nothing to do with crypto and this project can live without crypto. That makes it very easy for you to take your money, close your current company and resurface somewhere else holding no obligations and funded for smooth run. With little to no legal obligations it bares great risk for an investor.


This point is very interesting: I do agree that cryptocurrencies and tokens have the best fitting when censorship is a central point. Of course, this doesn't apply to this project. But, here, tokens are mostly a means to raise funds and to build a token economic based on dividends distribution. Would it be possible without cryptos? Of course YES, but with 2 drawbacks:
a) IPO and/or seeding rounds are very expensive
b) not everybody lives in countries with a large base of angels/VC

So, but it's just my view, a small/medium cap project, with a definite token economic (with mechanisms to preserve tokens value like dividends, sinking, buybacks) has perfect sense and can be profitable for investors.

About risks, this project is based in the Czech Republic and you can find all the team on Linkedin. Not much difficult to chase them if they steal your money  Grin


You see in civilized society I don't really have to chase anyone who steals from me, I can simply sue them. In case if ICO suing is out of the question since it's not regulated area. So Investing in the ICO I will have to put all my trust in their honesty or be prepared to "chase" them as you suggest. Obviously I'm not a big fan of chasing people, and even If I'll have to, law wouldn't be on my side. This make my investments pretty vulnerable, because in case anything happen I will not have tools to return significant part of my investment without investing even more. If that project was crypto oriented I could easily audit code and at least partially mitigate risks, but since it's not I can easily find myself with bag of worthless tokens looking at the company that legally owes me nothing without legal tools for dispute.

Besides that I don't really see how my corresponding share of profits can be delivered to me. What will happen if legal basis of tokens in Europe will change in 2018 or 2019?

Those questions bothers me the most in "crypto-illiterate" projects (does not meant as an insult).
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November 14, 2017, 09:24:00 AM
 #17

After reading your project it does not really adds up for me.


1. You have no experience in crypto, your project have nothing to do with crypto and this project can live without crypto. That makes it very easy for you to take your money, close your current company and resurface somewhere else holding no obligations and funded for smooth run. With little to no legal obligations it bares great risk for an investor.


This point is very interesting: I do agree that cryptocurrencies and tokens have the best fitting when censorship is a central point. Of course, this doesn't apply to this project. But, here, tokens are mostly a means to raise funds and to build a token economic based on dividends distribution. Would it be possible without cryptos? Of course YES, but with 2 drawbacks:
a) IPO and/or seeding rounds are very expensive
b) not everybody lives in countries with a large base of angels/VC

So, but it's just my view, a small/medium cap project, with a definite token economic (with mechanisms to preserve tokens value like dividends, sinking, buybacks) has perfect sense and can be profitable for investors.

About risks, this project is based in the Czech Republic and you can find all the team on Linkedin. Not much difficult to chase them if they steal your money  Grin


You see in civilized society I don't really have to chase anyone who steals from me, I can simply sue them. In case if ICO suing is out of the question since it's not regulated area. So Investing in the ICO I will have to put all my trust in their honesty or be prepared to "chase" them as you suggest. Obviously I'm not a big fan of chasing people, and even If I'll have to, law wouldn't be on my side. This make my investments pretty vulnerable, because in case anything happen I will not have tools to return significant part of my investment without investing even more. If that project was crypto oriented I could easily audit code and at least partially mitigate risks, but since it's not I can easily find myself with bag of worthless tokens looking at the company that legally owes me nothing without legal tools for dispute.

Besides that I don't really see how my corresponding share of profits can be delivered to me. What will happen if legal basis of tokens in Europe will change in 2018 or 2019?

Those questions bothers me the most in "crypto-illiterate" projects (does not meant as an insult).

When I said chasing, I was joking. I don't know which kind of investment gives you " tools to return significant part of my investment without investing even more".
My father lost 20k (99% of invested capital) from his investment in a local Italian bank, many people lose their money investing in startup's seeding rounds, big VC lose constantly their money investing in startups and you can easily lose your money by investing in stocks. I've been running a local Startup Grind chapter for years, here in Italy, and I've countless examples of angels investing their money in projects failing in the next 5-10 months: will they have the money back? Absolutely not. Even bonds can't guarantee you to have the money back nowadays.
That said, investing in ICO is highly risky. Regulations can change maybe tomorrow or maybe the day after tomorrow and I would never risk high % of my savings.

About "crypto-illiterate" projects.. was Tezos a crypto-literate project in your view?

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November 14, 2017, 10:07:11 AM
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You see in civilized society I don't really have to chase anyone who steals from me

thanks for the lesson on the civilized society...

SCIENTIFICCOIN - platform for scientific projects with decentralized evaluation

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November 14, 2017, 01:03:02 PM
 #19

After reading your project it does not really adds up for me.


1. You have no experience in crypto, your project have nothing to do with crypto and this project can live without crypto. That makes it very easy for you to take your money, close your current company and resurface somewhere else holding no obligations and funded for smooth run. With little to no legal obligations it bares great risk for an investor.


This point is very interesting: I do agree that cryptocurrencies and tokens have the best fitting when censorship is a central point. Of course, this doesn't apply to this project. But, here, tokens are mostly a means to raise funds and to build a token economic based on dividends distribution. Would it be possible without cryptos? Of course YES, but with 2 drawbacks:
a) IPO and/or seeding rounds are very expensive
b) not everybody lives in countries with a large base of angels/VC

So, but it's just my view, a small/medium cap project, with a definite token economic (with mechanisms to preserve tokens value like dividends, sinking, buybacks) has perfect sense and can be profitable for investors.

About risks, this project is based in the Czech Republic and you can find all the team on Linkedin. Not much difficult to chase them if they steal your money  Grin


You see in civilized society I don't really have to chase anyone who steals from me, I can simply sue them. In case if ICO suing is out of the question since it's not regulated area. So Investing in the ICO I will have to put all my trust in their honesty or be prepared to "chase" them as you suggest. Obviously I'm not a big fan of chasing people, and even If I'll have to, law wouldn't be on my side. This make my investments pretty vulnerable, because in case anything happen I will not have tools to return significant part of my investment without investing even more. If that project was crypto oriented I could easily audit code and at least partially mitigate risks, but since it's not I can easily find myself with bag of worthless tokens looking at the company that legally owes me nothing without legal tools for dispute.

Besides that I don't really see how my corresponding share of profits can be delivered to me. What will happen if legal basis of tokens in Europe will change in 2018 or 2019?

Those questions bothers me the most in "crypto-illiterate" projects (does not meant as an insult).

When I said chasing, I was joking. I don't know which kind of investment gives you " tools to return significant part of my investment without investing even more".
My father lost 20k (99% of invested capital) from his investment in a local Italian bank, many people lose their money investing in startup's seeding rounds, big VC lose constantly their money investing in startups and you can easily lose your money by investing in stocks. I've been running a local Startup Grind chapter for years, here in Italy, and I've countless examples of angels investing their money in projects failing in the next 5-10 months: will they have the money back? Absolutely not. Even bonds can't guarantee you to have the money back nowadays.
That said, investing in ICO is highly risky. Regulations can change maybe tomorrow or maybe the day after tomorrow and I would never risk high % of my savings.

About "crypto-illiterate" projects.. was Tezos a crypto-literate project in your view?

I agree. You can lose your investments anywhere, regulated or not. However such risks are much lower when investing using regulated tools. My message was perhaps vague, but simply put it's following:

This project sounds risky even for conventional investments (lack of business plan, appropriate calculations of NPV, PI, IRR, PBP, DPBP, legal framework analyses etc.). In addition, ICO only adds risks and uncertainty here for an investor. Basically you don't have any tools to assess viability AND you don't have legal framework protecting your money (even though developer gets to keep it's business AND your investment).

Projects like Tezos much better fit for ICO since project's core mechanics revolving around blockchain and uses it as a convenient tool for investor because token eventually becomes the actual product you invested in (or should have at least). It still bares same risks associated with unregulated funding process but it is much more clear why they choose this model of funding, unlike totally crypto-disconnected business (like the one here). Damn shame they screwed it up...

It's not like I'm fudding, more like trying to understand viability of investing in ICOs that totally disconnected from crypto. Don't get me wrong - it's great that they have working product - that is already more than 99% of ICOs have, but not sure if this is enough.

P.S. Sorry your father lost his investments in the past. Hope it will come back to you sometime.



 
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November 14, 2017, 01:07:54 PM
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You see in civilized society I don't really have to chase anyone who steals from me

thanks for the lesson on the civilized society...

I mean to say that in regulated areas you can at least sue, and it often works. Not always of course.
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