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RE: [Alert] Suncontract - Another Sketchy ICO
Hi Global Vanguard, your analysis is very sloppy.
There are many false facts in your article, mainly:
- You are saying that we are in "socialism infested European Union", however the energy markets are very liberalised here.
- We're keeping existing infrastructure, the infrastructure provider will get their share of the electricity bill, same as now. We're not touching the physical grid. There are other middlemen such as the retailer that we're attacking.
- EU and US grids are not connected, you're misunderstanding something.
- Our ICO is capped at 100k ETH, what are you talking about? We're not uncapped.
- Tomislav Mucic's company Netis exists since 2000. At first they worked as a risk assessment company, they have only recently started working with blockchain technologies. In circa 2010. They are one of the largest miners in the area and they are the authors of Creditbit. Google it.
My apologies for claiming that the ICO is uncapped. The limit is neither mentioned on the website nor in the FAQ. I have now searched for it and found it mentioned only under "Early Bird Bonus" in the whitepaper. At any rate you are doing an extremely poor job at explaining your business model and my criticism of your projects still stands.