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RE: ArcBlock (ABT) ICO Analysis: Blockchain Ecosystem for Building and Deploying DApps
Thanks for sharing again! Today someone pointed me to an article on Reddit that suggests something shady is going on with ArcBlock. You can read about here.
From what I have read about the project before I read that post I was quite enthusiastic. I guess I'll have to dive deeper into it before I join the ICO.
Did you guys come across anything suspicious?
Yes, we've noticed the alarming info regarding this project such as:
— Some of the partnerships, memberships and media have no confirmation or reference from the stated institutions.
— The websites for ArcBlock and for Krypital media (where two ArcBlock advisors are from) were registered on the same date.
— There is no access to the code at the moment and ArcBlock is not an open source project (Open Chain Access Protocol is promised by founder after the RC1 milestone).
— Some info on social media about team members and community admins is diverting from what is stated on the website.
— A lot of concerns about the project being a scam on social media.
— There is no official statement yet regarding the rumors from the founder except the answer on Reddit.