What lends value to the coin?
How is it different from any other coin on Ethereum - at least those provide some sort of business plan which may lead to real value? Does it do anything apart from taking the name Bitcoin, adding e before it for ethereum and use a smart contract for management? Any other features it adds which are not in the underlying platform?
Only plus point for eBTC is that it was freely distributed(?) to 8000 participants. I mean, I can create a coin, distribute 90% or 99.99% of it to others for free and essentially make money for myself for free.
Thoughts?
Is eBTC is a Scam? Maybe yes, Maybe no. There are many of the users of Bitcoin Forum says it is a scam because they have their reason to believe that it is a total scam while others says it's nkt because they have been earned money in this program from airdrop. It is up to you to believe it or not, just be careful because it can be, or it can't be.