Review on indaHash by Lars Benk
Great idea, ended up to be an amazing scam
Unfortunately Indahash managed to scam a lot of ICO investors, by selling them a promise of a pretty good idea, but not continuing to follow up. Of course, with roughly $42 million USD worth of IDH token sold in ICO, there would be a lot of potential for creating an amazing crypto product, get new staff to manage everything and stay in touch with the investors. But on the other hand, why bother? That was an amazing way to raise money and their main business, influencing other people seems to work perfect.
The last commit on github happend 12.11.2017 the pre-sale finished on 20.12.2017, I think this speaks for itself.
After the pre-sale and initial hype finished around 20.12.2017 only a few "promises" were made on social media to keep the uproar low.
No engagement to get IDH listed on exchanges. That's a very good and clear sign for a scam. If there would have been the slightest interest in moving this project to the next level, arranging some listings would have been the minimum to do.
As a conscious person would notice, indahash is using their influencer power even to influence this very page with good ratings where there is not a bit of a product.
Stay away from this company or their crypto currency and watch out for people like Barbara Soltysinska, should they intend to launch any other currency. They probably don't need to with $42M collected.
If I can take one positive thing out of this buy, it's the learning to not buy any more coins at ICOs.
ο»Ώ
Pros
- Basically great idea for a product
- Mobilizes influencers to post fake reviews here
Cons
- Extremly quiet after ICO
- No expectation management with crypto investors
- No more development of product
- Don't care for exchange listings
