Quote from: Skyzer0 on December 22, 2018, 07:11:33 PM

Another scam project.

This is how block distribution works
   10% to the Energi Backbone
   10% to Miners
   40% to Masternodes
   40% to the Treasury

masternode (Rich ppl) will get everything, 10% goes to the developers themselfs, and they started in august? they say its 1 million new coins mined every month, there is 11 million coins. so they have pre mined 7 million coins + taking 10% forever from all blocks.

Please do not bite in to this, most of the crap they put up on the site is a lie about how much miners waste on mining bitcoin and should rather mine energi because the tax.

Its a scam project with no actual work behind it, just another ethash coin with a massive pre mine, masternode and bunch of bullcrap on their site. Their network is 31 gh/s meanwhile their market cap is 16 million, thats impossible without a massive Pre mine.

If anything you guys should check out bittube, they have real work behind them, 500 000 usd in servers to run their video site, deal with bank that made a mastercard crypto card which works anywhere in the world at the mini bank.

On top of the scam, they alreayd announced the coin as "1 million new coins every month" Currently its 2.6 coins generated per block and we are on block 300k 300 X 2.6 is not 11 million, they have already decrased block reward, lied to us just to again try to increase value of their pre mine. that should ring a bell for everyone.

You seem to be misunderstanding some things here and are making many false assumptions.

There was 0 premine and we did a fair launch. Here are some facts:

We conducted a fair launch on April 14, 2018 with NO ICO and NO PREMINE. Prior to launch, our team gave a specific time and date for the launch of the main net, which our community eagerly awaited, so that mining could begin fairly, avoiding centralization among the coin founders.
Energi masternode payments were designed to begin at block 216000, which occurred on September 18, 2018, almost 160 days after launch. This ensured time to list Energi on exchanges, and to grow the community, encouraging fair and equitable distribution before the extremely powerful masternode rewards began.
Energi has an ongoing Earndrop; a distribution of 4 million coins to users who contribute with social media activities about Energi, such as tweets, follows, and subscriptions on all major social media platforms. So far nearly 1 million coins have been distributed, helping to grow our community and serve to bring coins to the market in a way that is inspired by generosity.

Quote from: Skyzer0 on December 22, 2018, 07:11:33 PM

they alreayd announced the coin as "1 million new coins every month" Currently its 2.6 coins generated per block and we are on block 300k 300 X 2.6 is not 11 million, they have already decrased block reward, lied to us just to again try to increase value of their pre mine. that should ring a bell for everyone.

2.28 NRG coins is just the miner's reward, which is 10% of the total block reward (22.8 total reward per block). We have been live since April 2018. All of this information is clearly displayed on our website.

For block 40320 only, there was an extra budget of 4 million NRG for the earndrop. This was publicly announced and so far we have given out over 1 million of these NRG in our first Earndrop round. We have 2 more Earndrop rounds that are currently ongoing, and a 4th round planned after that. The rest of these 3 million or so NRG will be given out to these Earndrop participants.

So one million NRG coins emitted per month (since April) + 4 million NRG set aside for Earndrops = Current supply

Once again, there was no premine of any sort.

Also, our contributors are paid from our treasury fund. We have a treasury history page where we show how these funds have been allocated: https://www.energi.world/treasury-history/

Quote from: CaVO32 on December 24, 2018, 06:10:50 AM

any feedback from the team themselves? can you answer the above allegations. seems that these are pretty solid accusations. what i mean is, he has basis of what he's complaining about this project. dev team, care to explain to us? thanks.

Hey CaVO, Please see our above response. Skyzer0 seemed to misunderstand much of our information on our site.