Re:Tezos and Ocaml: A self-amending cryptographic ledger
by ericb on Thursday July 05, 2018 @10:30AM
(#17463502)
I don't think there was a "scam." I think they learned that in order to issue tokens and get exchange listings, they needed KYC in the new environment by the time they were done. There was a definite screw up in the initial governance when the picked a bad apple for the foundation.
The foundation and founders are reunited once again, so if the tech is solid, and so far it has been, then all signs are positive.
Cherry on-top they are now demanding passports (KYC) for those that fell for their ICO while nothing was mentioned when they are actually collecting the money.
Hopefully at least their software will be of some value and not a total scam like their rest practices.