When you raise 200-350 million on nothing more than a piece of paper, being diligent with funds is one thing you should expect.
ArcBlock is the definition of a scamcoin, because unlike most ICO's, there is nothing behind ArcBlock than a paper with some black text on it
This is what also ICON and Utrust started where there's no product involved yet but i believed the team behind those projects! The difference between ICON and ArcBlock is that they have a solid team, that you are confident they are going to deliver on their promise, but looking at ArcBlock team, it is light weight when compared to other hyped projects