@runpaint because you are a serious Nxt enthusiast and you bring to us all the evidence of BanxShares, But now I could ask:
NXT based Barr.me project the idea of this project from my point of view is good but somewhat excessive, now comes the most important, Is it legitim? As does Nxt to avoid the same problems? I have missing that part too, Or is just the fact of following blindly trusting on devs and promoters of the coins.
And after come the next: BanxShares will not be eligible for BARR burn redemption, because of the significant percentage of premined funds held by developers.So this sounds a bit strange considering the purpose of Barr.me project, So in the best of cases the investors of Banxshares could be reimbursed but if this doesnot happens, Then what? Barr.me project is unable and apart from that is not required to do so change barr for Banxshares so finally also it reflects that this will not be very effective with anothers coins or shares/tokens.
The supply of BanxShares is 12,000,000. If 10,000,000 of the supply is still held by Banx, then swapping for BanxShares would benefit the Banx devs more than the actual investors.
We want to redeem coins held by crypto users. We don't want to reward scammers for hoarding their own premine.
However its dont answer the rest of my question.
NXT based Barr.me project the idea of this project from my point of view is good but somewhat excessive, now comes the most important, Is it legitimate? As does Nxt to avoid the same problems? I have missing that part too, Or is just the fact of following blindly trusting on devs and promoters of the coins.