The ass clowns 🍑🤡 at Tokenicide recently learned that Ethereum whitepaper appropriating blockchain startup EtherInc (a.k.a. “eInc”) has rescheduled its ICO.
Is it true that the “third time’s the charm?”
Apparently not, because this is the FOURTH public token sale date they have announced…
Can We Get a Do Over? And Another? And Another?
We can understand an ICO reboot if there are massive technical glitches that wreak havoc on your launch. Like maybe a hack that resulted in contributions being stolen. Or anything outside the founders’ control. But that’s not what happened with eInc (or EtherInc, or whatever). You can read all the details in our first ICO Review of eInc, but the tl;dr version can be expressed as follows:
Here’s a summary of everything that has transpired since we first stumbled across the project:
- Our first review of eInc (or EtherInc, or whatever), was published on April 23, 2018, after the project had already postponed its ICO once.
- A few days later, the project was taken offline, the plagiarized whitepaper re-drafted, the website relaunched, and the public sale scheduled to begin on June 25, 2018.
- A few days ago, we learned that eInc postponed the token sale again, with the public sale scheduled to start on July 15, 2018.
The 5th T for EtherInc
We typically try to cover the 4 Ts in all of our reviews, i.e., Team, Technology, Token and our own personal “Tilt,” but we ultimately decided it just wasn’t worth our time or yours. Instead, the only T applicable to this project is “Tragic.” And not just because it needed multiple “do overs” after we discovered that they lifted 79% of their whitepaper from the Ethereum Whitepaper.
The real tragedy here is that there are people in the ICO support services industry–including all the advisors still on the project–who are willing to continue supporting it. Apparently shame is an even rarer commodity than original whitepaper content over at eInc (or EtherInc , or whatever).
In our first review, we concluded with the suggestion that “[t]his may not be a scam.”
We may have to rethink that conclusion. 🤔
Our Honest AF Rating on this project (again) is a 0.1 – ☠ Epic and total failure.