It does, but in this case it looks like (greed led to) dishonesty led to design. IMO.
They could have pulled the launch, returned bitcoin.
That would have given a certain kind of credibility.
Then tried again.

In over 18months development they could have changed the total #nokoins.
They could have changed the pay structure.
They could have changed anything.
They held surveys. They asked for imput.

They claimed innovation in the original WP only to admit it was a Blackcoin feature.
They claimed $2.25m investment only it was half in paid work by the team. (never clarified, corrected on coin telegraph)
They will not give details on "team" payments.
They claim to be professional yet ban a $10k investor from their forum because he asked for a promised update. (outcome of)
Their forum is a deliberate confusion of waffle.
They claim it is easy to get yet no getnokoin at launch.
Dan makes his first visit to nokoin forum and bans 3 members, (1 investor)
Mark denies deleting posts.
ect.

James any Baby left to misinform investors all summer long.
I mean...  really.

What honest people would do that to their coin?