Litrabit ICO is highly likely a scam project, investors should avoid at all cost.

in #ico6 years ago

It is best to avoid investing into Litrabit ICO at all cost as the developer of the team are highly unprofessional handling investors or bounty participants issues on their telegram chat.

Litrabit developer team did indeed not pay out to any of their bounty participants for the work done on twitter and facebook campaign which they started on bitcointalk.org forum, and the developers are even lying on their telegram chat that they are going to compensate the bounty participants for the work done, which they don't intend to pay out despite many participants asking about payment in the telegram chat and even emailing to their specific email address which the developer pointed out.

The payment have been delayed for more than 1 month, and the payment terms is even as low as $1.20 USD per week for the twitter bounty campaign, and Litrabit developer team cannot even fulfill this payment, that is definitely a sign of scam and I believe the developer are just going to run away with all the investors money once they decide to pull the plug.

My advice to investors who are planning to invest into Litrabit ICO, research on their team and you can see they are basically shills who are maybe just a few persons acting as many roles, and investors should avoid investing into this project at all cost.

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