So, for those for you that don't know I've been heavy into crypto for a while. I'm even the CMO (Chief Marketing Officer) For a Major ICO that's happening - CEEK.IO
Ceek is one of THE most legit ICO's around, best team, best lawyers, working product, profitable business, great visiont, INSANE partnerships..... the whole lot. That's why I simple could NOT say no when I was offerer the position. I was like "HELL YES!"
A few days ago, Ceek announced the will be CANCELLING their ICO - an ICO that had raised over 15million so far... because their lawyers decided it would be unsafe to have a token generation event under U.S Jurisdiction.
Think about that for a moment.
How unhealthy must a jurisdiction be ... when a major company is GIVING BACK 15+ MILLION DOLLARS, rather than to risk the potential consequences of staying in said jurisdiction.
The answer is - really unhealthy.
As an insider, I can tell you that the laywers for ceek are TOP QUALITY. If they are saying "this is not safe, you need to refund the money and do your ICO in another country" this means it is 100% not safe for ANYONE to do ICO's in the USA - PERIOD. But that's a discussion for another video.
In this video I just want to assure CEEK investors (of which there are thousands) that this project is as solid as ever.
NOTHING has actually change about the project - things are moving forward, business as usual.
The fact that they are moving the ICO to another jurisdiction, is a GOOD thing.
The fact that they are willing to GIVE INVESTORS THEIR MONEY BACK to protect them from possible negative consequences from the SEC (or other U.S government organizations) shows you JUST how serious they are about protecting the their investors. I mean - it's a REALLY hard thing to do - and yet they are doing it.
On the flip side - imagine KNOWING the investment may not be safe for investors, and taking their money anyways. Many companies have (and are currently) doing this at this very moment. Ceek could have kept the money and hoped everything would turn out - but they did not. They did THE most responsible, ETHICAL thing they could do! As soon as they realized their current ICO was not safe for all parties that are involved, they decided to refund the investors ASAP and move it elsewhere.
If that doesn't speak to the high level of integrity for CEEK corporate - I don't know what does.
Investors should have MORE faith in this project after this course of action - not less. Especially knowing that the ICO will take place in a jurisdiction that will protect the rights of investors, rather than using a jurisdiction that may very well come after them as if they were criminals for investing THEIR own money in projects THEY believe in.
I'm happy to wait a little longer for this ICO to be done right - and I'm guessing any serious investors will be too.
So my message is: Just relax. Stick with us - and watch as the crypto community quickly moves away from unfriendly jurisdictions, to (soon to be) some of the most prosperous countries in the world!
Can't wait!!! :)
Alex (Sasha) Lasarev
FULL VIDEO: