Come on, folks.
1. Devs are russians. They always cash out at first possibility.
2. Large instamine - 85% of coin supply was generated in first month. As a consequence, uneven distribution and super-fat wallets. PoS minting only worsens the problem.
3. Almost no coverage on exchanges and horrible liquidity.
Best coin to invest, indeed.
Hey BugSpirit,
Thank you for the feedback, we do welcome all forms of constructive criticism here. I can provide some insight into your concerns:
1. The development team is quite spread out geographically, in Canada, United States, Germany, Australia, Russia and Estonia. The company has gone to great lengths to do the exact opposite of what is suggested, focusing on development of tools and services instead of spending our time and money on promoting the currency. We feel the results will speak for themselves and we have a long term vision in place. If we were hyping the currency from the beginning, this would be more reflective of a company that had short term aspirations (looking for a quick payout). Emercoin will be around for a very, very long time.
2. The currency was open to the public and not premined, so everyone has had an equal opportunity to join from the start. Individuals who mined the currency early when it was economically worthless did acquire more EMC than individuals who came in after more value was built into the currency and blockchain
3. This is a fair criticism and one that is being addressed aggressively now that are focus has shifted. Once again, our initial focus was on developing the World's most functional blockchian and this was done with little external promotion (our funding was spent on bringing the World results, not promises). Now that we have accomplished this and major industry leaders are working with us, the time has come to improve the access and liquidity of the EMC. Several exchanges will be adding EMC over the next two months, so expect the currency to appreciate as more awareness and adoption spill into this revolutionary offering of ours