Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SGL] Sigil - Decentralized, 0% Fee Crowdfunding
by
ali11
on 23/03/2018, 12:35:59 UTC
To all new eyes: DO NOT BUY THIS COIN.  Devs are no good.  They stake 1.1MM/2MM of the premine.  They own about 50% of the total supply.  They don't address concerns.  I foolishly mined some of these coins recently, been regretting ever since.  Had potential, but it's been corrupted.  Total waste.

Can anyone who is neutral here confirm these allegations? If it's true it is not really worth looking at this further let alone buying it.

That's true. Devs staking about 1M coins and own about 2.5% of the total supply.  They need some stable income to cover future operating costs, as the Sigil Go will be without fees.
If you want more information about this project and its current progress. Join the Slack: https://join.slack.com/t/sigilplatform/shared_invite/enQtMjk2NzEyMDAyMjA4LTk0OThiOWEwZmRhZWVlMDlhNmZlNjIxZDJhY2I2ZWExZGYzNGM5OTFiNjhmN2M2YTM0MjA5MDEzNTIwYjgzMDM