Hi there!
New to cryptocurrency, and first post on Bitcointalk. I recently watched a 'Bitboy Crypto' video covering a new ICO called Burstex. The idea is that it is a crowdfunded exchange in which you can send Burstcoin to the crowdfund and be awarded BEX tokens. Once the exchange launches, all BEX token holders will be awarded a portion of trading fees that accrue from people using the platform. It is a cool and novel idea and I have taken all the steps except for actually sending my BURST in exchange for BEX. Something seems very fishy about the whole thing. It seems too good to be true. According to the calculator, on a ~$200 investment of burst you could receive ~$8,000 a year. It all seems too good to be true. Also almost the entire team is somehow involved in marketing aside from a few people. It seems like a bunch of salesman and not any actual developers. I have never participated in an ICO and I have a bunch of questions for you guys.
Has anyone participated in the Burstex crowdfund and received BEX tokens?
Does anyone have knowledge of the project or team members involved?
Has anyone participated in a successful ICO? If so, does this look legit?
I know I'm still a n00b, but I'm really interested in learning as much as I can about the space and trying to capitalize on new projects that have potential.
BitBoy Crypto Video:
https://www.youtube.com/watch?v=-3LqiSrqS7sBurstex Platform:
https://burstex.io/
