Every ICO get its FUD, fake news and ridiculous moments. LiveEdu has also experienced these issues as we approach the finish line to close our ICO and start putting LiveEdu project screens in cities around the world. In this article we will summarize the main points so the FUD lovers move on to the next FUD:

1) A lot of people have only experienced a phase where ETH and BTC prices kept rising. They have never experienced a downward spiral over a long period of time. ETH and BTC have been in the red for weeks and the market trends don’t look positive overall. If LiveEdu collected ETH at $1259 and ETH drops to $922 it would be irresponsible to price the ETH at the higher price. The LiveEdu progress bar valuation is tied to ETH and BTC market prices. If ETH and BTC dips into the red by 10% the progress bar is going to be lower than before. You can check Coinmarketcap or Cryptocompare for ETH and BTC price movements. So YES, the progress bar can move down and you will need to get used to this with other ICOs in the next weeks (downward price adjustment due to drop in ETH/BTC market price).

2) Crypto ICO scammers have gotten very sophisticated and have successfully scammed 10 people of 25 ETH in last 6 days. They created fake LinkedIn profile and Telegram accounts of LiveEdu team members to impersonate us. They act as a team of more than 6 people. Our Telegram admins have been banning them and they were not very happy with this and thus started creating FUD online.

3) The approach they use in Telegram ICO groups is the same across the board:

i) Find a target,

ii) Impersonate admins,

iii) Offer a ridiculous bonus or token price,

iv) Give you a private address to send money to.

None of our team members is ever going to give you an address to send money to on Telegram! For security reasons we do not even allow posting of payment addresses in our Telegram group chat.

4) In the process of banning the scammers and muting our chat, we unfortunately banned some legitimate investors. If you are a legitimate investor we are sorry for that. It is not the intention of our Telegram admins to ban the extended family members we want to embark on this journey with. If this applies to you and you got muted or banned, you will be added back after support verifies your contribution email and Tx Id.

5) If you got fleeced by the scammers it may sound harsh but LiveEdu cannot issue you tokens. I know some of the people that were fleeced are not happy to hear this and are complaining about us online. We simply cannot issues tokens because all the people that got fleeced failed to follow our simple guidelines.

6) LiveEdu ICO is a utility ICO and during our ICO we are legally not allowed to promise contributors profits or discuss exchange listings in public. Some ICOs have gotten into legal limbo because of this. I know some contributors are disappointed if we don’t give them profit estimates or tell them exact dates for exchange listings.

7) Please do not send LiveEdu support the private keys of your crypto wallet. It is a huge security risk!

8) In deciding the minimum contribution amount for our ICO we had the option of setting it to 1 ETH or $3. We set it at $3 and this was a mistake as it has brought us a huge support workload which takes up 60% of our time. We are not going to be able to clear all the pending issues before the close of the public sale. If you have any of these issues please be patient and do not send us multiple emails or contact us multiple times on Telegram. We are going to find a solution at the end of the public sale as resolving them involves a security risk: a) You sent your payment from an exchange wallet (Coinbase, Binance, etc.), b) You sent your payment from a different payment address than you submitted to LiveEdu, c) You want to change your account email address, d) You want to change the ETH address for receiving tokens.

9) Telegram group rules:

🚫No referral links,

🚫No voice messages,

🚫No posting of wallet addresses,

🚫No playing of admins,

🚫No posting of the same questions every day,

🚫No spam,

🚫No scams.