I wouldn’t want to label CodeTract as scammers right away, but there are more reasons to do so than not. First of all, the overall appearance of the project is primitive: the simplistic website, the hastily concocted whitepaper, and the promises of gold backing which aren’t substantiated by any evidence. Who knows, maybe CodeTract is the real deal, and they just don’t like to show off, but they definitely failed to impress me.
Dani July 28, 2019 Reply
People at CodeTract are either some downshifters or scammers, because one can’t claim to be capable of backing the tokens by precious metals and have such a poorly designed website. Maybe I am being bias, but I am not sure that any serious investor would want to give money to a startup whose website looks like it’s been designed in the 90s. I think you have already guessed that I don’t recommend getting anywhere near CodeTract.
Harold July 9, 2019 Reply
Whenever I see the combination of words “token backed by something”, I immediately choose to disregard it. And I strongly advise to give it a good thought before investing into the projects like CodeTract. These people didn’t even bother to create a decent website. Doing a one-pager and thinking that someone would devote their money to you, that is so arrogant and silly at the same time. But then again, there will be people who’d buy into that stuff.
Melory June 20, 2019 Reply
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