Post
Topic
Board Announcements (Altcoins)
Re: [ANN][STEEM][POW] - NO IPO | NO PREMINE | NO INSTAMINE (relaunch)
by
Mysterion
on 23/04/2016, 10:26:06 UTC

"You just need thick skin and the ability to ignore the Bitcoin pharisees and the angry mob they incite to nail you to a cross for failing to sacrifice your creation to the prevailing mining gods."

How to Launch a Crypto Currency Legally while Raising Funds
https://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/



Interesting read and insight into the crooked mind of this dev.

What this says: dev didn't want to pay lawyers and in order to raise the funds he intended, so he tricked the general public. Not for a second do I believe he doesn't have a PC around to compile a windows wallet, so his previous statements make him an outright lier Grin

What's more interesting though is that the team was looking for a way to raise capital. Since they didn't do it through an ICO but instamined their own coin, this means they are planning on selling what they mined in order to acquire the funds they need. Now they might tell you they won't and can't and bla bla.. Remember the previous paragraph where we found out the dev simply lies to bend the reality.. Soooo..