Quote from: ikhub on March 10, 2018, 05:08:18 PM

Here are my observation on Marinecoin:

Devs hold the whole lot (almost all) of premined coins.
If you check the explorer, the top few holder hold more than ninety percent of them.
https://explorer.marinecoin.info/richlist
It is listed in their in-house exchange without any buy orders. It is risky to trust them and end btc there as there is no specific term of the exchange mentioned on the site.
There is no guarantee that the dev will not sell their own coins and move on.

"Devs hold the whole lot (almost all) of premined coins." : Team is offering 450.000 MTC to 20k members (total of 9 billions). So it's just for the moment.

"It is listed in their in-house exchange without any buy orders." : there are buy orders in doge/MTC. There is low volume in BTC/MTC and LTC/MTC, however it's much more active on doge market.

"There is no guarantee that the dev will not sell their own coins and move on." : Once we reach 20k members, almost all MTC will be hold by community. So that's not going to happen.

As I said before, join our discord, if you have doubt about the project : https://discord.gg/7Euepq