Some pretty promising points:
-No ICO (Airdrop only)
-No dev manipulation
-EXN hasn't pumped
-EXN hasn't dumped
-Potential updates on the horizon
An ICO would make it pretty clear the developers just wanted to rob investors and raise unnecessary amounts of money. UET openly admitted to being a scam and pumped from $4 to $60. People are just SPECULATING that EXN is a scam, despite positive signs that indicate otherwise. I believe this is partially due to the price moving sideways and people becoming impatient with their investments, seeking some sort of validation for why we haven't done a 100x yet. 99% of all coins that get added to CMC follow the same trend of pumping slightly and leveling out for a brief period of time, so this is completely ordinary behavior. If you want to see this thing explode, the notion that it's a scam needs to be put to rest. The developers can do their part to reassure investors, but ultimately it's up to the investor to bury irrational fears within themselves. We're a 5m supply coin at a penny that hasn't pumped, while coins like UET that openly admitted to scamming still pumped like crazy. You'll be kicking yourself for not buying EXN at these levels.
I took 2 hours of my time yesterday before bed to understand the smart contract. I also made some test transactions. My conclusion is this is 99,9% not a scam. When you understand the smart contract, you understand a lot of things. IF this project become something and they give this token a really good utility, we are in business.
if you take a look at Etherscan, you can also see a few accounts slowly accumulate also(more EXN being deposited than withdrawn)
one account looks like its still airdropping also, sending 20EXN to random MEW accounts.
i agree to some extent that this is not a scam.
nice to see alot more buy orders go through on Hitbtc also.
Yeah Exactly, Etherscan says a lot of things. That's what i wanna say when i use the term (smart contract) loll.