You have some very good arguments against this project. and it is weird we pay for the buildings but will only get half when they will be sold.
RE: Kexcoin Financial Model - Demonstration / Mock Projections
You are viewing a single comment's thread from:
Kexcoin Financial Model - Demonstration / Mock Projections
It is simply astonishing to me that you could honestly offer such a scheme. The norm in a capitalist society is that owners of capital lend it or entrust it with people that will make it fructify. The capital owners get a yield, usually take zero to moderate or even substantial risk on the capital itself. The people managing the money get salaries, or commission, often bonuses according to performance, a cut of the profit, or a mix of the above.
The fact that Kexcoin will take all your capital and only give you back half of the profits is just mind boggling. This is more like extortion than anything...
I've been working in the finance industry for 18 years, professionals find it more and more unacceptable that hedge fund managers can charge 2% of your capital per year and 20% of the returns. This is child's pocket change compared to Kexcoin's model. They take 100% of the capital and 50% of the profits!!
In this case the scam is hidden behind the genuinely innovative blockchain technology. Le it be clear to investors, the blockchain aspect of this deal is not bringing them ANY value, it's only allowing Kexcoin to exploit the recent frenzy on the cryptocurrency market to raise a ton of money without any serious regulatory scrutiny. How much cash do you think they would get from professional investors if they had gone through the usual financial market avenues?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit