Re: [ANN] [PoS/MN] Gentarium (GTM) | Masternode hosting platform

This is another step to ensure that the GTM coin is poured out. The new platform is in no way associated with the coin, except that it is one team. The coin is not used anywhere, except for masternode hosting. And judging by the sales of coins on exchanges, the number of masternode solos is fictitious. Either drawn or this is the masternode of the team and the team does not need to buy their own coins to pay for hosting. In reality, there is a payment for 500-600 masternodes hosted on a hosting. That is, nobody needs coins, even the development team. What their new project showed, which does not use GTM coins anywhere.

What you're saying isn't specific to just this coin. This coin has no real use case now and the same thing goes for many of the utility coins out there.

This might be the case now however the team are working on new products that will hopefully give GTM a use case. The main thing here is that they ain't giving up like what we saw with the Gin team so this gives me some confidence in the future and I'm willing to see what product is released next.

I'd be the devil's advocate here and say what I'm currently feeling about their move. They'll be doing the same thing done by the Gin team and will eventually give up in the end. Other thing is that they'll move on to another project and rinse-and-repeat what they did with GMT as well as with other coin. People just need to make sure that they'll not be the ones who are left out with coins that has no value.

I definitely agree. This new service is not anything new at all. It is a copied idea that will most likely fail as it has with others.

I would be surprised if the team was not losing money every month. They are taking payment from a coin that has dropped significantly in value and they have no option to sell without further damaging that value.

They continue to bleed off customers because there are other platforms that are cheaper and offer the same service or something that is even better. Please do not come back with the cheaper service is not as good either. I have used the other services for months now without issue. One of the other platforms also accepts PayPal at half the cost of GTM.