Dorado ICO money was used to purchase another company from the same founder (Wooopit). Once purchased by Dorado, Wooopit was put out of business. The other company which was supposed to provide Dorado with technical expertise (FoodOut Group) just announced bankruptcy. According to LinkedIn, almost all human resources have already left Dorado. The project has not given any updates since August 2018 and the Telegram group channel is closing this week.
Is Dorado a Scam?
Disclaimer: Dorado Cryptocurrency | Dorado ICO
Dorado is a cryptocurrency project that issued Dorado tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Dorado a Scam ICO?
Data on whether Dorado conducted a scam ICO, a scam mining operation, or a scam masternode project is cited above from external sources and CoinCurb does not take responsibility for claims against Dorado or in support of Dorado. The data is only an aggregation of claims cited against Dorado.
The above claims about Dorado (ICO), Dorado’s token, or Dorado’s team are externally sourced. They may claim that:
– Dorado did an ICO and then exit scammed
– Dorado has an undedicated project development after the Dorado ICO
– Dorado token got pumped and dumped by the Dorado team
– Dorado is a dead project with a worthless Dorado token
However, external claims about Dorado project, Dorado token, Dorado team, or even Dorado advisors may not be supported by accusers of Dorado ecosystem and thus individuals seeking to learn more Dorado team or about the Dorado cryptocurrency are recommended to directly contact Dorado team members or Dorado token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Dorado is an exit scam or that Dorado is any other type of scam, nor does CoinCurb insinuate that Dorado (or Dorado token) team are scammers or that Dorado (or Dorado token) advisors are scammers. CoinCurb allows viewers to reference sources related to Dorado development, Dorado token trading, and/or Dorado team as an uncertain reference when deciding if Dorado is a scam or Dorado is not a scam.