Lamden (Lamden.io) ICO Review
Well, not so much of a review but more of a why I wouldn't put anything into TAU at this stage. Of course if I did more research I might find answers but who has time when there are so many ICOs already running and upcoming that I need to look into.
When I go to the CEO Stuart Farmer's other company's website, Logic Labs, I am greeted with this statement:
Does utilizing deep learning to analyze and predict financial market data sound interesting to you?
When I then scroll down I see a mistake in the copy, I know, weird thing to notice since I also make mistakes when writing but then again I am not trying to raise just under $50 million dollars for my Lamden ICO.
Then we get down to the two products they are most proud of, I'm guessing, Jungle App which says:
Four moms come together to launch a relevant startup business
The other one was Clark Oil and Chemical:
Redesigning and deploying a marketing site in the industrial sector
Now both of these have zero to do with the first statement on the Logic Labs website, the one about deep learning to analyse and predict financial market data. So I think to myself how does a CEO of a company who has these two projects as his top pieces in his portfolio go on to build a $50 million dollar company, Lamden - The Blockchain Development Tools Ecosystem.
What exactly does that mean? Yes I did read the site and yes I am still confused.
So for those reasons I would not be putting any of my hard earned cryptocurrency into Lamden.io. Keep in mind I am not saying they won't be successful I am simply saying that I don't have time to look further into it with everything else going on in Crypto. Maybe if they start to blow up I will notice them on the exchanges or Twitter and get in then.
First Impressions Count!