the Madcoin Dev says about PREMINE FOR at 2/3/18 on Discord Group
"first when i create PoW madcoin i create it without premine , you can see the first post in bitcointalk and what people says about it , but when we swap the coin to another masternode coin , we create 2 M premine for the swap , 1 700 000 MDC swaped , 700 000 automatique swap in coinsmarkets , and the rest we swaped manualy in discord and i work for that with every person who have MDC . AFTER THE swap we keep 300 000 mdc , 100 000 airdrop , and the rest for listing the coin in cryptobridge (1 btc) and stock exchange (0.5 btc) masternodes.pro 0.1 btc , masternodes.online 0.5 BTC , and we help some people for creating masternode for marketing purpose (WHERE IS THE PREMINE ) "
but, someone want to "hijack" madcoin dev project. this is very cruel and confuses me.
let's see the show next.
It wasn't a hijack. There was talk of a community takeover because the dev went silent right after the price peaked at the first part of January. He only came back with excuses (my grandmother died, I don't have anyone to help on the project, etc.) after the takeover was imminent and banned tahir from the discord server. He popped up on discord long enough to ban a few people, call some of them scammers, then disappeared. A LOT of people have lost faith in the project because the dev won't talk to anyone. Even some of the mining pools have dropped the coin because no one knows what is going on.
As much as I dislike saying it, this coin will die a long and painful death if they don't step up their game. I have some time and effort invested, but not nearly as much as other people who invested quite a bit to get a masternode. They are the ones who are most upset.