Simply saying, "we are not much different from Monero but we have plans and features in the pipeline that will definitely make a difference", would probably have helped eliminate the very FUD, folks
are so worried about. And there is ample evidence that many people are worried about the 10% premine.
Transparency helps to convince people. But again... just my 50 cents on the topic.
"we are not much different from Monero but we have" this has been done in this very ANN lots of times. Anyway, at least a few xmr fans try to twist facts and spread fud. Especially visdude has his issues, if you read all his replies in this ann you will see
I don't get why people are upset about the premine. Devs handeled it very transparently. The premine is mentioned on the first page and Sumoshi made a blog post about it on our medium blog. If one does not agree with the premine there is a simple solution: to move on. I don't get why this is made an issue again and again.
@GerMining First of all, you are one of the more helpful community members. If I remember correctly you asked me to address my questions in the telegram group. Except for insults from a certain member of Sumokoin, I didn't get any answers.
However, I guess many folks are worried that they mine/buy Sumokoin and devs will dump loads of coins when the time comes or when the price is reasonably high. A simple reassurance that no mass dumping on part of the dev team will occur could help. Information on how and when the premine will be spent will at least be seen as an attempt to reassure people that this crypto currency is founded on solid principles. Almost anybody making money trading crypto will advise you to look at factors like,
1. Who is the team?
2. Does the dev team have any development background (in other words: are they qualified to implement a given roadmap)?
3. What makes this coin so different from others?
As I mentioned in an earlier post, some in-depth information answering these questions will generally be useful for potential investors (and/or miners).
Anonymity and showing potential yet inquisitive people the finger certainly won't help. Even currencies like GRAFT or ETN handle this aspect of PR much better.
I am the one who "insulted" you and unfortunately I am going to say the same things that you find "insulting" again.
1. The team prefers to stay anonymous (besides two of them that do not hide their real names). The team has grown in numbers (they are more than 4 atm and i dont know if the new members will decide to disclose their real names as well in the future)
2. If they are qualified to implement a given roadmap can be easily checked by the current roadmap and if all milestones were delivered on time. Also if you check the two members, that do not hide their name,s you ll see that their background is quite
overqualifying to implement any roadmap, compared to the "developers" of ICO's like ETN that you seem to prefer.
3. Sumokoin strives to be among the top anoncoins around and is on its way into accomplishing that, i am sorry if you cannot discern that from its roadmap or its development so far.
Now for the most insulting part, whether you like it or not we dont look for "investors" so you'd better stick with the mentioned ICOs which, like you said, have better PR and tv evangelists (although I ve been accused as being a cheerleader many times, I dont blame the people who accuse me as such cause I indeed sometimes overreact due to my strong belief in the coin).
Thank you investor, go trade an ICO with large github commit frequency