Ethereum Confido Just Vanished

[Aleeyou]

A startup on the Ethereum platform vanished from the internet on Sunday after raising $374,000 USD from investors in an Initial Coin Offering (ICO) fundraiser.


Source
https://motherboard.vice.com/en_us/...nfido-vanished-after-people-invested-374k-ico

[reypinioco]

Well thats a lot of money,This is the reason why i dont invest in ICOs projects that has a lot of potential can do the same thing.We will never know what they will do to our investments.For me stay away from these ICOs.

[cryptoenterprise]

Never invest in an ICO when you haven't gathered enough information on it. Never commit to an ICO if you simply feel that it will be a good project "one day". It doesnt work that way!

[cryptotnak]

This is why ICOs are being tagged as a scam project a lot of greedy people using ICOs to earn fast and then vanish like nothing happened.

[asriloni]

A startup on the Ethereum platform vanished from the internet on Sunday after raising $374,000 USD from investors in an Initial Coin Offering (ICO) fundraiser.


Source
https://motherboard.vice.com/en_us/...nfido-vanished-after-people-invested-374k-ico

Yes, and it looks weird before the developer run away with that amounts and there is a lot of the pump to the confide. I think that there is a manipulation.
A lot of people are cashing out from confide. The confide social group already erased.

[bratbu]

This is why ICOs are being tagged as a scam project a lot of greedy people using ICOs to earn fast and then vanish like nothing happened.

I a gree with you if you love your BTC dont invest in ICOs to be sure and to play safe.