You are simply the shit show of bct. Pull the stick out of your ass and try expanding your horizons. The team sold the mining contract with the warning that contracts would be cancelled if not profitable. If one cant read the terms then thats on them.
Sure, my horizons are too limited to see that xpy.io and Genesis are so brilliant, and putting them together is brilliant squared.
I guess I'm gonna have to cry myself to sleep again tonight, clutching my slow obsolete bitcoins.
There is/has been lots of dev going on since the fork, hell we fixed some major issues with transfer coin that they adapted. You state that its a 100% pre-mined, wouldnt that mean there are no more coins to be staked? There was a chunk that were pre-mined for development and bounty's, but was a small amount compared to the total coin count.
What were the "major issues"? What you're saying is basically "they successfully cloned a coin", fixing a bug hardly counts as new and innovative technology.
The coin was 100% premined, i.e. 100% of the initial supply was in the hands of the "team" with no chance for anyone else to mine any of it. Which part of this you're trying to deny?
They sold some of those coins in advance (the ICO and the XPY swap). That's how premines work. Some nice guys make coins out of thin air and sell them. Can be used for good (financing development) or for bad (pissing away under false promises) and ionomy is firmly in the latter category, what with Gravity's smashing success and all.
There is talk on slack that a bunch of the loyal Ionites deleted the game from their phones cause they didn't like it. I have a feeling that there is a bunch of people just waiting for their exit price to make their XOY holdings while again.