Post
Topic
Board Tokens (Altcoins)
Merits 1 from 1 user
Re: [ANN] Phoneum - Mobile Crypto App & Gaming Platform
by
-kazz-
on 27/09/2020, 20:28:09 UTC
⭐ Merited by SiNeReiNZzz (1)
@SektionF:  The entire basis of your claims that we are a scam seems to be because of the delisting of cryptocurrencies that you "liked". We only delist coins/tokens if the project is dead, the coin isn't actively traded anywhere anymore, or we find out that the project was a scam. The only time we delisted tokens for a reason other than the aforementioned ones, is when we removed all of the Ethereum tokens and replaced them with Tron tokens, and we did this because it was costing us between 1,000 and 10,000 times more than the value of the tokens just to process withdrawals because of how ridiculously congested the Ethereum blockchain was (and still is). We never charged a single user even one penny or one satoshi for sending their withdrawals, and have always paid these fees out of of our own pockets. If you call honesty and transparency a "scam", then so be it, but many appreciate these traits and we strive to stay as honest and clear with our community as possible.

Also, you seem to think that we are just "given" DOGE, XRP, ETH, XLM, LTC, BTC, etc. This is not the case. All earnings we pay out also come from our own pockets. Nobody gifts us tens of thousands of dollars worth of cryptos to just give away, that's ridiculous. On special occasions, some token projects will partner with us, and offer us a small amount to list their token in our games and apps to get them more exposure and publicity, but again, those cases are few and far between. We don't gain anything by delisting a token. It often means we are left with a large amount of completely worthless tokens that we had to previously purchase ourselves. Users can always contact us and request their tokens if they don't want to convert them to PHT, but very few do because the tokens they would be requesting are worth a tiny fraction of the value of PHT (because they are dead or abandoned projects). Many of our users and supporters are grateful for the fact that we are generous enough not to just leave them hanging and forced to take a loss, on the effort they spent earning those tokens and are happy to get PHT in return for them.

TL;DR: I don't know of any scams that pay out of pocket to prevent any inconveniences to their users/supporters, and almost everyone (other than SektionF) seems to understand this, and appreciate our efforts and honesty.

If there's anything I missed here, let me know and I'm sure I can clear it up Smiley

Kindest Regards,
Kazz