Re: [ANN][SYNX] SYNDICATE Ltd | Masternodes, PoS, Community voted projects
I have been researching the supposed resurrection of the Syndicate project for the better part of a few hours now and keep coming to the same conclusion about this project: It is a Masternode Scam that was resurrected to pump the price. Yes, the new website and twitter had a makeover to make it look pretty and appealing to newcomers. And once newcomers saw that that the project had some following and a new "bluepaper" they figured it good enough to sink 5k into for a MN because masternodes are the newest way to get rich quick in crypto. The dev team responds every couple of weeks with little to no new information on the state of the project or direction. There has been a failed hard fork(gravity), that was questionably positioned to pump syndicates price. The bottom line is that the new team has done the minimum to put a new shine on a dead project and the price of said project has gone up because people think they're going to passively make bank running a MN for an upcoming project. If anyone did some basic research on the project, then you would have formulated the same exact opinion that I have. It is important to gather all the facts before reaching judgement, so if there is anything I am missing then please dev team, or project supporter help me understand what this new team has made that shows progress. And please don't say look at the new wallet or twitter or website. Lack of communication by the dev team in a community project is the biggest indicator of p&d scam. If you're running a MN and believe in the project, I hope you aren't the ones that get caught holding the bag when the music stops.
Hey nice first post
Yeah first post you got me there, but was anything I said wrong? Not really, the communication in this group from the new lead team is horrible, there was a failed hard fork, and nothing substantial has been created. Add masternodes to any project and people will come running. Especially if they're affordable (which these are). I want to be wrong because it seems like there was some really good ideas from the original team, but nobody had any factually positive things to say. So far I have just been mocked about my account being new, which had nothing to do with anything I said. I may have came in a little hot, but I'm just looking for answers. These same points I am making have been made before about this project if you look back through the thread and nobody has cared to refute them or prove them wrong. Transparency in a community supported project like this you think would be paramount, but then again maybe this isn't a true community project.