Force Network to Release Whitepaper

The whitepaper explaining the technical details of ForceNet and its plans for execution is scheduled to be released on March 31, 2018
31 March 2018   477

The team of Force coin revived the fledgling coin and took to establishing a legitimate legal entity for Force, additionally, they provided the goal of developing a decentralized Internet-like network as Force’s main purpose. The team aims to develop Force into a standout project by creating a decentralized and scalable Internet-like network solution called ForceNet. A thorough whitepaper, explaining the technical details of ForceNet and its plans for execution, is currently being drafted for release which is scheduled for March 31, 2018. In addition, a bit later, the Force team will be revealed.

Force coin whitepaper release countdown at the moment of pressForce Coin whitepaper release countdown at the moment of press

The problem is that the beginnings of the Force project began when the original developer showed no desire to produce a working and viable product, but, instead, aimed to deceive the community and dump his pre-mine on exchanges, and in the process, he decimated the market for Force and cashed out at the expense of early investors. At the behest of the Force community, a core group of trustworthy Force community members, consisting of blockchain specialists and enthusiastic developers, initiated a community takeover to continue work on Force and give legitimacy to the project, are currently are doing their best to deliver new features to the users, and we will keep following the news of Force Coin project.

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CFTC to Issue ICO Investor Advisory

Before buying coins, you need to thoroughly study their nature and understand what factors can affect their price, CFTC advises 
17 July 2018   116

The US Commodity Futures Trading Commission (CFTC) published a document with recommendations for potential investors in ICO projects and token buyers. This is reported by Coindesk.

The agency's document says that before buying coins, you need to thoroughly study their nature and understand what factors can affect their price.

Also, a potential buyer should remember that, depending on the structuring, some tokens can be derivatives, commodities or securities.

Buying digital coins or tokens only because you expect to sell them at a higher price later is the definition of speculation and carries considerable risk, regardless of how good a white paper, application or business plan sounds. Unfortunately, fraud is another significant risk to consider. Your best protection is to thoroughly research digital coins or tokens and exercise caution. 
 

CFTC ICO Advisory

The guide also states that before investing in the ICO, it is necessary to find information about the organizers of the project, and also to find out whether they themselves participate in their  ICO.

Representatives of the agency also refer to the study, according to which more than 50% of ICO start-ups ceased to exist during the first four months after the end of the token.