Is Beth legit or scam?steemCreated with Sketch.

in blockchain •  2 years ago 

Is Beth legit or scam?


#technology #news #money #blockchain #ethereum


Beth: A Closed-End Fund Using the Ethereum Blockchain for Smart Investments


Perform due diligence: before investing, know the company history, its people, its credentials... We need to the question

is it legit or another scam?

Need to know before ICO starts at Jun 5 to 20, 2017 because we need to know the truth.

You can follow the discussions at bitcointalk.org.

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I think the same, share what you find about them

Yes, I will keep updated. I want to buy Beth but I need to make sure first.

hi @uanxufree here is my research about beth.jp as promised, https://steemit.com/blockapac/@trillionaire/beth-jp-confirmed-on-twitter

hope it will guide you :)

FYI, US citizens are not allowed.

actually, cannot even be a resident of US.

3.9 YOU ARE ONLY ALLOWED TO PURCHASE BETH TOKENS IF AND BY BUYING BETH TOKENS YOU COVENANT, REPRESENT, AND WARRANT THAT YOU ARE NEITHER A U.S. CITIZEN OR PERMANENT RESIDENT OF THE UNITED STATES, NOR DO YOU HAVE A PRIMARY RESIDENCE OR DOMICILE IN THE UNITED STATES, INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, AND ANY OTHER POSSESSIONS OF THE UNITED STATES. IN ORDER TO BUY BETH TOKENS AND BY BUYING BETH TOKENS YOU COVENANT, REPRESENT, AND WARRANT THAT NONE OF THE OWNERS OF THE COMPANY, OF WHICH YOU ARE AN AUTHORIZED OFFICER, ARE U.S. CITIZEN OR PERMANENT RESIDENT OF THE UNITED STATES, NOR DO YOU HAVE A PRIMARY RESIDENCE OR DOMICILE IN THE UNITED STATES, INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, AND ANY OTHER POSSESSIONS OF THE UNITED STATES. SHOULD THIS CHANGE AT ANY TIME, YOU SHALL IMMEDIATELY NOTIFY BETH FUND. THE COMPANY SHALL RESERVE THE RIGHT TO REFUSE SELLING BETH TOKENS TO ANYONE WHO DOES NOT MEET CRITERIA NECESSARY FOR THEIR BUYING, AS SET OUT HEREUNDER AND BY THE APPLICABLE LAW. IN PARTICULAR, THE COMPANY MAY REFUSE SELLING BETH TOKENS TO U.S. CITIZENS, PERMANENT RESIDENTS OF THE UNITED STATES AND THOSE USERS WHO DO NOT MEET ANY CRITERIA SPECIFIED IN CLAUSE 2.6.

yet another sterling example of our dear government "protecting" us by enforcing stealth (and not so stealth) capital controls to keep us tax slaves shackled to the failing system and ring fencing all our money in.

Awesome Advice. Looks like an interesting concept indeed.