We are doing reviews of ICOs and we got an example of how not to do an ICO website.
Welcome to torrent chain project. First, I want to mention that I like the idea of mixing blockchain and torrents. You can share your opinion in the comments to this video. But looking at this website scroll down. Crowdsale details. Ok. Torrent distribution. It is good to have percentage of how many tokens will go where. Cause here it is not obvious how many percentage it is: 1, 2, 3, 4, or 5 percents.
Ok. Userfriendly, rewarding. Great. They had described how they will be doing it. But let's take a look at their RoadMap. They had started in 2015 and in July 2017 they had started security and privacy audit. But they are planning to finish it guess when. After the crowdsale. I do not like that idea. I would like to see that report before the crowdsale will start. In any case lest see further they have on their website. Look at the team. No names, nothing is clickable. How should I understand that you guys are real? That you are not a teenager that did not graduate from high school and trying to raise some money using ICO instruments.
I decided to take a look who and when registered the domain name. Looks like the domain name was registered just a few weeks ago. All that makes me think that this is not something serious. May be the team of TorrentChain will get in touch with us and how what they are doing, their github, social networks, so we can talk to them and ask if they are real or not.
Leave your comments to this video and let's move on to the next one.
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