Why would anyone mine this coin? %20 of whatever you mined will go to the devs. (so they say) Who'll have the say about these locked coins and why? Who's the CEO of Beam?
Sounds like a centralized scam coin to me.
And this is not for a limited time, it'll go forever. Seems like I was wrong, It was only for 3 fckn years. Still my points stands.
You could have had a chance only if you had premined this like Darkcoin/DASH but not like this. Nobody in the right mind would ever touch this.
No matter how good the tech is, you can't expect to survive with this feature(!).
I see a make us rich dev coin here, nothing else. Especially in a world where GRIN exists.
Sorry, truth hurts.