Xander, first off, thanks for taking the time to write this. Scrutiny in this space is important. Unfortunately, the many rotten eggs in this emerging class make it extremely easy to subconsciously bias certain indicators as scams and inherently writing off the initiative or entity due to said indicators.

After listening to various podcasts, watching numerous videos, reading news, social media, white papers, and speaking with other investors, enthusiasts, and developers in this space, I feel that XTrade.io is filling a legitimate gap of institutional proportion that we as a community need to take that next step towards acceptance and legitimacy. While XTrade.io intentions may be complex to comprehend for a retail investor and the indicators you have rightfully questioned above appear concerning at face value, I can rest easy knowing that the research I have done was conclusive. The indicators of risk mentioned in your article do hold weight but there are various other positive elements to their platform that for me, outweighed the perceived negative components written herein. The XTrade.io team is undoubtedly busting their ass and I will continue to keep up with the news related to their progress.

I do believe that if this was a scam, the time, effort, and expenditures are not worth targeting institutional investors in an ICO who are familiar with XTrade.io intentions. Lastly, I do appreciate the XTrade.io team undertaking active efforts to rectify any potential perception issues.

As for anyone else stumbling across this article, read it, in addition to the various responses. As with all investments, you must do your own research and asses potential risk exposure tolerance accordingly for each project.

The XTrade.io project caught my eye a while back and am still undoubtedly excited about their ambitions to fill this much needed facet in this space.