Post
Topic
Board Announcements (Altcoins)
Re: [ANN][STEEM][POW] - NO IPO | NO PREMINE | NO INSTAMINE (relaunch)
by
traumschiff
on 24/04/2016, 23:18:52 UTC
...
Everyone had a fair chance to mine this. Just because a lot of people could not figure out how to do it, does not mean they could not have with a little work. All it took was reading the thread.

Didn't the dev(s) basically admit that the whole reason they relaunched was because they were unsuccessful in instamining to the degree that they intended to avoid an IPO (for legal reasons)? You can argue the semantics of "premine", "instamine", and "fair", but at least to me it seems shady af and I wouldn't touch it with a 33.5 foot pole, especially given the duplicitous nature of the all-caps "NO PREMINE | NO INSTAMINE" thread title.

The topic title is misleading and a noob trap. Devs hold most of the supply while staking the most with a valuation of several million $s. Smooth would call it a scam if he wouldn't be invested so heavily Sad