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RE: KickICO - how to completely screw up an ICO and lose all credibility.

in #cryptocurrency • 7 years ago

@big.bad.johnny, please, make sure you get the information right before you make any more confusion than there is already.

As a team member I would like to reply to your post:

  1. ICO campaign was declared everywhere with its goal of 50k ETH and hard cap of 200k ETH from the very beginning. And after reaching the goal it continued to hard cap.

  2. We officially lower the hard cap of the ICO to 100k ETH and declare a hidden cap somewhere inbetween 50k ETH and 100k ETH. We made this decision because of ETH price doubled in the last months.
    So when the hidden cap is reached we will announce it and close the crowdsale.

  3. During the crowdsale an attempt was made to compromise the crowdsale smart contract, but safety worked and no money was lost in any way and ETH was safely transferred to our secure multisig address

  4. We have redeployed the crowdsale contract and token contract to avoid anymore fraud and continue crowdsale as planned

  5. We have closed slack team channel to stop the scam activity with imposters for everyone's security.

Considering the hype we have for our ICO and the attention it got - we have withstood all the attempts to compromise the ICO and kept it secure.

After all, hackers don't sleep and we took best security precautions during the crowdsale.

7 years ago in #cryptocurrency by
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     7 years ago  

    @muxacr thank you for replying to my post. I appreciate someone from KickIco taking the time to reply to these concerns.

    Whatever your reasons, this ICO has been badly managed. Don't take it just from me, have a look at your twitter feed:-









    You should do the honorable thing and close the ICO now.

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     7 years ago  

    Yes look at the three conflicting caps they posted, so poorly managed and I just wish I hadn't invested at this point.



    https://imgur.com/gallery/GQNU4

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     7 years ago  

    Their website even got flagged for phising

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       7 years ago  

      @bigga this rabbit hole goes pretty deep....

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         7 years ago (edited) 

        Lies ! You said 50k to 200k now it's 50k to 100k? What is this who are you guys fooling?! https://imgur.com/gallery/GQNU4

        So much confusion in this ico and misleading and you want people to use your platform ? Exactly like what he said no credibility!