Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
bobq
on 12/05/2018, 20:38:47 UTC
XMIN Airdrop to XEM Holders (May 07 09:00 UTC)
https://coindar.org/en/event/nem-xem-xmin-airdrop-to-xem-holders-8707

What is XMIN and which is it's use and finality? Does any exchange support this airdrop? This link doesn't provide such information.

According the the chronobank site, 60 XMIN is equal to 1 TIME.  - https://coinmarketcap.com/currencies/chronobank/

1 TIME is trading at around $14.42 (as of this post).

Therefore, 1 XMIN is worth around $0.24.

So for every 20 XEM you deposit in their mint wallet, you are airdropped 1 XMIN. i.e. $7.60 of XEM to receive free $0.24.

They are asking you to put XEM into their wallet, but some questions arise:

- How secure is the mint wallet, what is the likelihood that your XEM could be taken, and it could be a scam.
- How can these XMIN tokens be traded, they're not listed on CMC or any exchanges?
- Can the XEM be removed from the mint wallet once the airdrop has been done

This sounds a bit fishy to me, I personally would be hesitant to do this until I know more information.  Free money sounds too good to be true, what's in it for them?



This sounds totally fishy to me, or better said, "phishing". No way it makes a sense that you have to transfer the funds to a specific wallet of theirs to receive the airdrop. Those who do will probably have a life-lesson from that...