SendChat Messaging App

350 btc is way too much at this point in time, the starting price will be way too high.

It's also 350 BTC reasons/temptations for the dev to skip.

You have not checked out blocktrust or the milestones that I responded you last time with. Please do

I did. Nothing that I haven't seen before in one form or another. A more suitable name from my experience would be blindtrust and what you consider milestones are subjective at best. I'm just going to sit back and watch. If I'm proven wrong I'll admit it but I'm pretty sure that won't be necessary.

Your disbelief is understandable, this is crypto after all and 99% of the devs have either bailed, scammed or sidetracked their own project. We have seen this daily it's true but BlockTrust was built on exactly those fragilities, from the milestones to the third party identity checks to the team brain picking meetings...even the overhaul business plan has been scrutinized to the bone.

SendChat imho is 10x the app that GEMZ is, first because Alejandro and his team have 10x the technical capability, second because we at BlockTrust have overseen every aspect of this project giving you the investor every security possible regarding their intentions, code, plan and professionalism. Good projects are scarce but SendChat is one of the few that really has potential to make a dent in the communication app field.

Disclaimer: I'm not a SendChat investor neither will I be one due to obvious conflict of interest reasons.

Edgar
http://blocktrust.org

Thanks for your informative reply. Many people become very defensive when hit with negativity but I'm only trying to get people to think before they act. I've been around the crypto scene since it started and have unfortunately become very cynical about what has been going on for the last 18 months or so. Everyone wants to make some money but a greed/get rich attitude will get you broke. It's still MHO that investing in any ICO coin is a very bad idea because I have yet to see one that actually had any ROI except for the ones that sold on the upside of the P&D and/or the dev(s). Could this be the one that breaks that pattern? The odds are not good. My view is that if you have a product (coin) that you really think is viable then it should start with an investment out of the dev(s) pocket(s) not from an ICO. It's very similar to what happened to all the people who pre-paid for those asic miners that were never delivered or were pretty much useless if they were delivered because the manufacturers mined with them first and made whatever money there was to be made and then disappeared.
All that being said, I will be watching but not investing. If this venture succeeds there will always time to make money.

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