Quote from: volyova on August 23, 2017, 09:42:06 AM

Quote from: Marstrand on August 23, 2017, 09:37:38 AM

Quote from: volyova on August 23, 2017, 08:50:55 AM

Quote from: BioMike on August 23, 2017, 08:29:50 AM

Quote from: Sugaman on August 23, 2017, 07:19:34 AM

Quote from: Marstrand on August 23, 2017, 07:16:30 AM

Quote from: Sugaman on August 23, 2017, 07:08:02 AM

Before I invest in this coin, what guarantee do users have the development team won't be snapped up by a coin or group with money to have them develop for their coin? This coins marketcap is dreadfully low compared to the top 30 coins but the development is going to make litecoin look stupid. What if someone like a Charlie Lee bribes these guys to work for litecoin?

That's an easy one. Once you ask this question to the founder in their slack you will get your answer (painfully) Grin

Painful as they are committed or because it's something they would do for more money?

They are committed, but you should become a loyal follower, STFU or GTFO and let them do their job, even if the price goes down the sink. I've heard quite a few investors (the real ones, the ones with lots of money and influence) ran away, multiple times, because the dev team wouldn't cooperate in getting NLG where it should be. This has been going on since NLG was launched, and I don't think things have changed over time.

Then there are the things I addressed when I was active in the community (mostly regarding legal risks around the pre-mine), I doubt those are resolved.

The "two asterisk" significantly pre-mined marker, has also disappeared from coinmarketcap.com, I noticed.

Yeah someone asked for that cause if you are honest to yourself 99% are premined anyway, just a new name called ICO or am I stepping on some toes now? Shocked

I think it's a mistake to compare NLG to ICO coins, as ICO's are (usually) a scam. Even if they aren't a scam only like...one in a hundred will be successful. IMO you should stay away from ICO's, you can lose a lot of money.

Proper mining, of course, is the fairest and best way of distributing a coin/token. I personally, don't have any problem with the Gulden pre-mine. We know it has only been used for dev work. It is really difficult to develop an alt-coin these days, in the shadow of Bitcoin's network effect. Funds are needed, and the money needs to come from somewhere, after all. Just depends what it is used for.