Frustrations on great ICO's with crappy comunication skills

in #ico7 years ago

I don't know why i get so anoyed when people don't keep their word. And make up excuses for the delays they have.

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I participated in an ICO that ended this month, and i have to say, i'm not pleased about how things are going right now, how communication is going.

When you doing an ICO and you're basically selling an ideea, trying to fish some investors, you have to be super-transparent. You got to update people, you have to plan things with eficiency, and you have to respect your investors. Not respecting these things will help create FUD, bad rumors, and give people who invested their hard-earned money frustrations, and that will eventually lead to price drops.

I know rasing money for an ideea is hard, and allot of work is involved, but when you say that on X date you gonna distribuite the bounties, or you say that bonus tokens are gonna be distribuited on that date, i expect you to keep your word.

Okay, delays happen, unexpected happens, problems apear down the road of succes, but please, for the love of god, please comunicate . Is there a problem? Give an update. Are you having a delay because of the hard work involved? Update your investors. Be transparent, your coin is.We can all see the coin history on blockchain, so why the silence? You have 15k people on the Telegram chanel and on all questions you say "Read the pinned message" like that pinned mesage will somehow remove my frustrations caused by the total silence of your team? Fuck you and your coin.That's why there's a price drop. People dumping frustrations on exchanges, and want out of this ideea that seemd briliant before you ignored them

And one last thing. Why do you treat your bounty hunters like crap? Why do you put them on the last second, and just forget about them. Have you forgot these people kinda brought you most of your investors? Why do you treat them like some dudes doing freebies? Maybe that rich lambo guy wouldn't have invested if he didn't saw that arabic translation that took more that 10 hours to be writen.

Be transparent.Comunicate.Don't fuck around with people's money

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I think I know which ICO you are talking about...since I recently did a bounty hunt for an ICO that is kinda doing similar... I saw you chose not to call it out directly so I won't say either in the comments lol.

Yeah, i don't want to create more FUD, but it's sad..It's like once they got the money they stoped caring. Was so impresed when it first started, comunication was on the right track, questions were answered.But soon, they stoped.Not the way to run a bussiness

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