Post
Topic
Board Announcements (Altcoins)
Re: [ANN] TIERION [TNT]Token Sale Starts on 27 July
by
lavenderp
on 23/12/2019, 14:57:19 UTC
looking at their discord the project falls apart and CEO Wayne tries to get his a*s out/covered:
Quote
@everyone Development and testing of a new version of the software that uses the ERC20 token completed in July.  We completed testing with 6,000 Nodes and 300 Cores, and surpassed all of our engineering goals. Unfortunately, due to the current regulatory environment, we did not launch a new network that uses this software.

We're still exploring how to release the software completed in July 2019 that uses the ERC20 token.

As anyone can see on Github, all current development is based on Bitcoin Lightning technology. No token.

The current reward wallet will be empty on approximately March 29, 2020. Based on the current number of public nodes, a public node joining the network today will not receive any rewards.

Reminder: you probably shouldn't run a Chainpoint node unless you have a project that requires a node, or you want to run one node to support the public network. Speculation on tokens is risky.

in clear text, the TNT token is not needed, the dev stopped (which was only one guy (https://github.com/jasonbukowski) and to pull out whitewahsing their hands saying its someones elses (regulators) fault. They knew from the beginning what was going to come.
I call it an opportunistic money grab, though they might had real intentions, since DCG and fenbushi and blockchain-capital invested. (early ico hype).
kalid: another one  Cool