RE: CROWD MACHINE - why I believe in that revolutionary ICO? (MUST READ)
I've tried to sign up for their beta program but it's closed already. It seem that they had already 5 different beta tests happening so I presume that this project is quite advanced.
At the same time I read someone saying that this software will be fully ready within a year or so. That's still long way to go. Definetly it's worth paying closer attention.
Im so impressed with your investigation. You're GOOOD!
"All of this to me is a huge sign of caution in my book.".
Indeed all your reasons mentioned above are raising some sort of red flag. I never invested in any ICO and I do not intent to. My goal is to bring programmers/developers attention to their product (not investors).
Thank you again for such an excellent comment. You're absolutely one of the most valuable blogger I've ever met in my life so far.
Thanks, Piotr. A few beta tests and not planning to be fully ready until a year or so is an even greater red flag to me. In a way these sorts of flags in Crowd Machine are some of the things that cause the critics, regulators, authorities, SEC etc. to move towards more stringent regulations and thus, unfortunately their lack of honest open transparency makes it more difficult for others. Especially if they are a for-profit company (of companies), they should show more professional open transparency and explain things such as why they have 3 companies in far more detail, as well as where they are and how they can be reached. That should be paramount in my view. That's one difference between what is now termed "White Paper" and what was always considered a good business plan. With all the many similarities to the DotCom bubble/crash, one would think businesses would learn from all the mistakes of the past. Instead they make the same mistakes even worse.