ICO from the British Baroness and Steve Wozniak failed
Another odious ICO failed, and the scandal. This time no luck the English Baroness, who became famous as a manufacturer of lingerie. The lady bearing the title of lady Mayfair, also known as the Baroness Michelle Monet. Promoters accused her jointly with businessman Doug Barrowman the company Equi Capital to pay remuneration promised for promotion of the project.
The Financial Times reports that Equi had intended to collect about $80 million, but by the end of March was not collected and 10% of the amount. As a result, by the end of June, when the round pre-sale ended, the company raised $7 million Later, Equi announced that it intends to withdraw from the ICO and to transform the company into international business.
In his blog the project in late August, wrote that “it began as a British business, but now go into the international arena under a new brand EQUI Global”.
An even greater mystery of the story adds the fact that a new partner Equi was none other than Apple co-founder Steve Wozniak. In an interview with the Hard Fork Wozniak acknowledged cooperation with Equi Capital:
I first partnered with the blockchain-is Equi. We are not talking about a new currency or a dummy where the value is growing thanks to one promotions. This is a package of shares in the company.
As for the disgruntled promoters, their Equi Capital sent to communicate with AmaZix — company hired to manage the progress of the project.
In an interview with Herald Scotland, the press Secretary Mona said:
Lady Mona, located in Silicon valley, where very busy with negotiations with our new founder, so to be honest, she doesn’t have time to respond to the empty complaints. Want to complain — let them go to the Agency that hired them, not Equi.
Baroness Monet is not the first time deals with cryptocurrencies. In September 2017 it announced that is building a residential complex in Dubai worth $325 million and promised to sell apartment for bitcoins after partnering with BitPay. While the venture didn’t work out.