The elephant in the room is getting big 🐘 and by that i mean there has been a lot of confusion on this particular ICO since fake identity's came forward on bitcointalk.
When we first go on Ethconnect.net
✅We see a well planned out platform, similar to bitconnect, which was clearly in development before regalcoin was.
✅ The roadmap is a very realistic projection for the current market.
✅ We see that they are in app development
✅ They have a registered domain name on GoDaddy
✅ The amount of referral levels is a very sustainable way for a long-term platform itself.
❌ The fact that fake indentity's were used is ofcourse suspicious, this is not the right thing to do to imprint on a persona and use it as their own, they however removed this particular information pretty fast when it became news on bitcointalk forums.
All i have to say on this is the following, Lending platforms cannot disclose their location (base of operation) or indentity, for all we know they randomly googled images and had no idea these belonged to someone on twitter that would later find out.
❓Bitconnect when it first appeared was called a Scam.
❓Regalcoin when it first appeared was called a Scam.
❓Ethconnect for all we know may perform to the extend Bitconnect has performed so far and you guessed it, its called a Scam at this very moment.
There is no telling what may happen once the ICO is over, will they run or stay? any ico mind you can run away without any consequences.
This is why i advise those that are interested in investing in Ethconnect to invest what you can afford to lose.
For me right now i'm going to as much as 736 coins and see how this thing plays out.
It's always smart to invest 1% of your portfolio think about that. Never push that which you cannot afford to lose.
So as much controversy surrounding the entire debate regarding ethconnect, the good points still outweigh the bad ones, this market always comes with high risk - high reward.
Ofcourse in some way Ethconnect is obligated towards its investors to give some kind of statement, they said the following on the situation:
If this in fact correct that they would go to these lenghts than ECH may be the biggest thing that is to come.
However what is my conclusion overal on this platform so far, It is that it is still a worth while investment, but only those that can invest should invest.
You can register on ethconnect and check it out for yourself by clicking the link below.
EthConnect.net as always you are the judge!