This is a guest post by JeeVee, an investment advisor based in Singapore, and the co-founder of the Bitcoin Investment Trust (Bitshares).
We have been following the Seogang ICO and we can confirm that it is indeed a scam.
The Seogar ICO is not only about raising capital, it is also about taking a gamble on a new technology, which we have been warned about in the past.
The Seogan ICO was announced on December 10th, and has been going on for some time.
The company promises to create a cryptocurrency called Seogin, which will allow anyone to sell their bitcoin for fiat, thereby enabling the creation of a cryptocurrency.
The cryptocurrency will be built on the blockchain, and will be issued by the Seojin group.
Seogian is the Korean name for Seogwang.
Seojing will be backed by a $1.3bn capital raised from a group of investors led by Chinese billionaire Huang Xiangmo, and also has the backing of Chinese tech giant Alibaba, which is now valued at over $1bn.
However, the ICO has been a long time in the making.
The team behind Seogengang has been working on it for over two years.
The first Seogun ICO went live in May of 2018.
It raised $1 million in the first 24 hours of the ICO, which was a lot of money at the time.
After this initial success, Seoguans team began to expand its funding, raising another $5 million, and now has a total of $16 million in its bank account.
The plan is to raise more money in 2019 and 2018.
The ICO’s goal is to create the first bitcoin-based cryptocurrency, which could eventually replace the existing ones.
The goal is ambitious, as it promises to make cryptocurrency a “universal” technology.
According to the company, the goal of Seogans ICO is to launch Seogwan (or Seogiwan) by the end of 2020, and eventually build the Seogiwan blockchain-based payment platform, which would enable people to accept and send cryptocurrency.
The team behind the Seigang ICO is led by Yoo Jin Lee, who is the founder of the cryptocurrency exchange, Xapo, and previously worked for Visa, PayPal, and eBay.
The Bitcoin Investment trust is backed by Chinese investors including Huaxin and Alibaba.
The idea behind Seogo is to provide the ability to exchange cryptocurrency with fiat currencies.
The currency that would be used for the exchange would be created by the company using the blockchain and will then be backed up by Seog.
As such, the Seogo cryptocurrency could be stored on the Segiwan blockchain, or in Seog-based digital wallets.
In order to create Seog and Seogui, the team has secured funding from several companies including Alipay, Paypal, and others.
However it has also taken a hit from other companies who were concerned that the Seoga ICO would create a monopoly in cryptocurrency trading, which they feared would negatively impact their business.
It has also been accused of offering a platform that could help banks and other financial institutions take over cryptocurrencies.
The ICO has attracted a lot more attention than its peers in the cryptocurrency world, and with the support of the public, Seogo has raised a significant amount of capital, which has been distributed to its investors.
However the Seigo ICO is still far from being profitable, and Seogo itself has raised only $10 million in total, as opposed to the $100 million raised by other ICOs.
The amount raised by the ICO so far is estimated to be around $200 million, although Seogas founder has stated that they have no intention of raising that amount.
This article was originally published on December 8, 2018.