Shouldn't the dev be doing this with the ICO funds? What's the point of claiming on the website the coin would be worth a few dollars etc when it hits the exchange (probably an illegal act in itself according to electroneum founder which is why he can't talk about the price as he says it's highly illegal) when the dev can easily buy off these coins and set a higher sell price (doesn't have to be more than the price he claims it would sell at).

Another thing, this dev is a complete amateur. He lives in a country where, if done properly, his coin and ICO would be totally legal. He instead botches it all up and even claims in the whitepaper he wants to evade tax.

Totally clueless, basically.