I am an Investor in Zebi (ZCO), and recently the project has taken a turn for the worst. The CEO/CTO Babu Munagala recently posted a resignation from the project; for "unknown reasons", 1 day before their AMA. During the "Ask Me Anything"; the team feeling pressure from investors is now rushing their public blockchain.
This project has been an absolute nightmare from the start. It was touted by every Tom Dick and Harry influencer in the crypto space.
Ian Balina; Nicholas Merten, Crypto Zombie, Suppoman are a few of the influencers that spoke highly of this project before they abandoned ship. In the past 6 months; their has been 0 followup or any concrete development by this team. It almost feels as if it were a 10 million dollar cash grab during peak fomo mania.
I bring this disclosure to you guys on reddit; because I am disgruntled investor who's freedom of speech is being suppressed in the Zebi Telegram. These amateurs literally resigned their CTO & are rushing launch of their main-chain in the same disclosure. This project in the past week has lost over 50% of its valuation. It is a horrid disaster, and I advise anyone with half a brain to stay far away.
There is 0 disregard for the investors involved.