Re: [ANN] Expanse (EXP) - Fair Launch, No ICO, Community DAO, based on Ethereum
Warning to investors. Expanse team is DUMPING THE PREMINE
Expanse has an 11 million EXP premine and has reserved 1 million EXP for the team.
For a long time the team did not disclose their dumping. Now with the newsletters they have the figures buried under the RESERVE REPORT sections.
Here we bring you the numbers on their DUMPS
September 15, 2016 - Expanse team Premine 1,000,000 EXP left to dump
Team did not disclose their PREMINE DUMPS!
May 1, 2016 - 641000 left to dump - Newsletter 1 http://blog.expanse.tech/post/143668019783/expanse-newsletter-1-512016
"The team reserve is at 641000, and is planned to be used over the next year to fund development."
From launch until May 1, 2016 the Expanse team has DUMPED 359,000 EXP.
May 15, 2016 - 641000 left to dump - Newsletter 2 http://blog.expanse.tech/post/144431581488/expanse-newsletter-2-the-dao-is-borderless
The team took a 2 week break from dumping. Maybe they will dump twice as much next time.
June 1, 2016 - 578005 left to dump - Newsletter 3 http://blog.expanse.tech/post/145283206753/expanse-newsletter-3-building-a-better-dao
The team dumped 641000 - 578005 = 62995 EXP DUMPED!! Lots of Lambos!
June 15, 2016 - 548005 left to dump - Newsletter 4 http://blog.expanse.tech/post/145959532823/expanse-newsletter-4-expanse-opportunity
30000 EXP DUMPED!!
July 1, 2016 - 515304 left to dump - Newsletter 5 http://blog.expanse.tech/post/146780245933/expanse-newsletter-vo-1-no5
32701 EXP DUMPED!!
July 20, 2016 - 482,704 left to dump - Newsletter 6 http://blog.expanse.tech/post/147699823603/expanse-newsletter-vo-1-no6-7202016
32600 EXP DUMPED!!
August 1, 2016 - 452,604 left to dump - Newsletter 7 http://blog.expanse.tech/post/148297625538/expanse-newsletter-vo-1-no7-812016-eth-exp
30100 EXP DUMPED!!!
August 15, 2016 - 418,354 left to dump - Newsletter 8 http://blog.expanse.tech/post/148981204623/expanse-newsletter-vo-1-no8-8152016-first
34250 EXP DUMPED!!
September 1, 2016 - 388,204 left to dump - Newsletter 9 http://blog.expanse.tech/post/149791717483/expanse-newsletter-vo-1-no9-912016-real
30150 EXP DUMPED!!
Expanse has an 11 million EXP premine and has reserved 1 million EXP for the team.
For a long time the team did not disclose their dumping. Now with the newsletters they have the figures buried under the RESERVE REPORT sections.
Here we bring you the numbers on their DUMPS
September 15, 2016 - Expanse team Premine 1,000,000 EXP left to dump
Team did not disclose their PREMINE DUMPS!
May 1, 2016 - 641000 left to dump - Newsletter 1 http://blog.expanse.tech/post/143668019783/expanse-newsletter-1-512016
"The team reserve is at 641000, and is planned to be used over the next year to fund development."
From launch until May 1, 2016 the Expanse team has DUMPED 359,000 EXP.
May 15, 2016 - 641000 left to dump - Newsletter 2 http://blog.expanse.tech/post/144431581488/expanse-newsletter-2-the-dao-is-borderless
The team took a 2 week break from dumping. Maybe they will dump twice as much next time.
June 1, 2016 - 578005 left to dump - Newsletter 3 http://blog.expanse.tech/post/145283206753/expanse-newsletter-3-building-a-better-dao
The team dumped 641000 - 578005 = 62995 EXP DUMPED!! Lots of Lambos!
June 15, 2016 - 548005 left to dump - Newsletter 4 http://blog.expanse.tech/post/145959532823/expanse-newsletter-4-expanse-opportunity
30000 EXP DUMPED!!
July 1, 2016 - 515304 left to dump - Newsletter 5 http://blog.expanse.tech/post/146780245933/expanse-newsletter-vo-1-no5
32701 EXP DUMPED!!
July 20, 2016 - 482,704 left to dump - Newsletter 6 http://blog.expanse.tech/post/147699823603/expanse-newsletter-vo-1-no6-7202016
32600 EXP DUMPED!!
August 1, 2016 - 452,604 left to dump - Newsletter 7 http://blog.expanse.tech/post/148297625538/expanse-newsletter-vo-1-no7-812016-eth-exp
30100 EXP DUMPED!!!
August 15, 2016 - 418,354 left to dump - Newsletter 8 http://blog.expanse.tech/post/148981204623/expanse-newsletter-vo-1-no8-8152016-first
34250 EXP DUMPED!!
September 1, 2016 - 388,204 left to dump - Newsletter 9 http://blog.expanse.tech/post/149791717483/expanse-newsletter-vo-1-no9-912016-real
30150 EXP DUMPED!!
Wow 0_o
As an EXP investor, I see a couple issues right off the bat.
1. Why is this news hidden away from the community? It's like the dev team is doing the minimum announcements possible.
2. Shouldn't these expenditures be accompanied with detailed statements of where the money is going?
3. Premine dumping aside.... Lol, that is an aggressive burn rate for a startup! What is the team's plan for when they run out of premined coins to dump, or we the community run out of BTC to buy their dumps?
Look at the Blockexplorer Noobs
http://www.expanse.tech/explorer/accounts
10M EXP is still intact
GO FUDge somewhere else, hehe
it was always a scam coin, they dumped it to zero few times, made newbies join rinse n repeat.