![]() He also provided some specific examples with regards to how Cardano took steps to protect ICO participants, saying that “everyone went through compliance.” He added that “less than five percent of the people who bought it were over the age of 65.”įurthermore, Charles noted that Cardanos’ was “the only crowdsale that ever did consumer protection.” Participants in the Cardano ICO “could ask to have backed up.” And guess what? You can cherry pick when you have 1400 people involved in something-at least one person is not gonna be a good person.”Ĭharles said that similar problems have affected Ripple and Ethereum, and that “this is an invasive, pervasive problem throughout the entire cryptocurrency space,” one that often casts the cryptos associated with this issue in a sinister light-accusations that Cardano “preyed upon the elderly, that this is a pump and dump, and that this is just a cash grab for people.” We didn’t write any of the marketing materials, and there were 1400 people involved in the sale. ![]() He categorically denied that Cardano itself had any responsibility in any of the controversy surrounding the ICO, although he did not deny that such things may have taken place: “The reality was that the sale was done by other entities, not us. In response to this question, Charles acknowledged that he was aware of a wide variety of rumours and accusations of illicit activity and immoral marketing with regards to the Cardano ICO, including a story that “ had people dressed up in panda suits to convince children to start gambling.” I think it’s better to wait a little bit to liquidate.” Some other reports have emerged that as far as some of the marketing of ADA in Japan, that it was marketed as an “investment to retire on”. Moreover, they saved big money on taxes: “If you make a quick buck, you have to give more than half of it to the government. We’re starting to see a churning of supply throughout.” ![]() Thanks to these tactics, the coin was at a whole different point when it was officially launched: ”It launched at around 700 million on Bittrex, and now the whole world is participating. Additionally, Cardano has been named by some significant voices in crypto community as ‘vaporware.’ By some accounts, ninety-five percent of buyers in Cardano’s ICO were of Japanese origin conspiracy theories and accusations of foul play have arisen in relation to Cardano’s decision to establish itself in Japan. However, not all of the buzz has been positive. In the past several weeks, Cardano has kept a fairly consistent hold on its place as the fifth largest cryptocurrency in the world in terms of market cap. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. Cardano has received much attention since its public launch as what many consider to be one of the most exciting Cryptocurrenciesīy using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |