I've done a little research on this, and felt like sharing because a little more into embracing transparency and good practices is needed in crypto, isn't it?
Anyway, in the middle of the crypto boom, a friend of mine insisted we invest in this ICO, Copytrack. The ERC-20 CPY tokens were valued at 1.2 USD, although I remember them having different bonus tiers and price brackets... I remember this opened trading at a huge loss, and I just took it. Mind you, it wasn't too much money but nobody likes losing it. Anyway, this token is trading a year later in one major exchange, HitBTC, for 0.02 USD (98% drop from ICO) and 2 USD of trading volume.
Currently, the company who did the ICO shows no association with Blockchain whatsoever and mentions of the CPY tokens are nowhere to be found in their site. It looks like a regular startup https://www.copytrack.com
Their Github is an absolute joke https://github.com/copytrackio
You can see on their Twitter that apparently they are doing fine, even showing that they employ a fair amount of people https://twitter.com/COPYTRACK/status/1122781330654339072
Researching a little bit, apparently they created a branch company named Concensum which is the one associated now with the CPY tokens... But they haven't done any decent progress as you can see on their outdated roadmap https://concensum.org/en/about and also their Coinmarketcap and Etherscan pages shows the old data https://coinmarketcap.com/currencies/copytrack/ & https://etherscan.io/token/0xf…ba151df190db0564c5fcc4410
Anyway, just your regular ICO grab that without the wild wild west of the crypto world wouldn't have achieved any funding. Let's say they did a soft scam.submitted by /u/exegg
Feel free to check out our Forums by clicking the link at the top menu of the site, we have over 10,000 Active members in the community and growing every single day! We also have the most FEATURE RICH live chat room we call "The Trollbox" where you can jump right in and talk with other Cryptocurrency enthusiasts who are also online.