I know many people don't care about this item. I get it.
It matters to me though as I was in Hashtalk where JG issued Hashpoints (yep social points for participation in the forum).
Later, HPs converted to XPY when it was made. XPY was then ruined by artificial creation by those two instances that I know about.
I do want to confirm where those artificial coins ended up though, but not ruin a weekend of looking through chains.
While this took a couple years. Even the thought of creating not only artificial wealth from air is one thing. Its another to use communities collaboration points into a coin.
Folding it over and over into other coins. Resolving the last coins debts/debtors. This concerns me.
Any XPY holders still watching here. Please PM me with the wallet/tx for when you gave the ION team your XPY for the agreement into XPYbits (I think it was called).
Time to go sit in traffic now...
The XPY was "converted" to ION on xpy.io, i.e. off chain. I doubt you'll find TX IDs for that.
And I'm probably misunderstanding this statement: "XPY was then ruined by artificial creation by those two instances that I know about." but that doesn't sound right. XPY was "ruined" by being a 97% premined coin with centralized supply designed for dumping and massive inflation. Whichever pack of crooks did the inflating and the dumping doesn't really matter much for the end result, does it?
ION is much the same, just slightly improved: 100% premine.
Got it. It was folded by humans into the XPY.io project. So they in turn absorbed all its failures and then retired said coins, with the promise into ION.
Yep, I agree with you on the premined and centralized supply design. I wanted to track those two instances to see the impact they caused as a whole to the coin though before it was folded into ION.
This is why I enjoy open conversations like this. A lot of these type of operators rely on hiding content maybe only a few know about and never mention. We all get to learn, some faster than others, about the hard truths about not only making a coin concept but also operate it.