WARNING!!!! I am calling SCAM Coin
they delete clean and honest questions on discord and block you from their discord. I have contacted Flexiroam X and they are not partnered with this project and simply have a retail agreement in place, so they can legally buy wholesale and onsell to clients who pay with PHON coins, but they still have to pay Flexiroam X... So they will now need to dump PHON on the open market (increasing sell pressure) to pay their supplier... This was the message below that got deleted and got me kicked from their discord! I smell an exit scam people so please stay safe.
@phonecoin.space#0423 So I got a reply and they confirmed that you are just **retailer** of their product and service. So that doesn't really give this coin a use case IMO as I can buy this service with fiat or even with a crypto/fiat gateway such as satoshi's lounge etc. Can you please elaborate what will support the coin?
My concern is you are a retailer Flexiroam and they dont accept PHON, so all PHON you receive to use this 3rd party service, you will need to sell on the open market to convert to BTC, then to Fiat to pay for the offered service. If this is the case then your tokens only use case is to be used for MN, which will leave your project facing inflationary issues and the per coin price is set for a downhill ride to a sat. Please know I am not here to FUD but my concerns are for the longevity of your project. Please do correct me if I have overlooked something.
As far as I can see, there is nowhere you can see that PhoneCoin states that they were partnered with Flexiroam X, only they are distributors of Flexiroam X.
But anyway I am following now this project at discord server.
Goodluck to this project.