They are holding a huge amount of the coin (>95%) in a main account, being very transparent about it. They are using this to make social/community contributions. Is it normal to have the Devs holding such huge bags?
There are no humans listed on the site as the project team. Should this be a major concern?
Thanks!!
I don't trust project where a huge amount of the token is in the hands of the team, they may at anytime dump their huge shares in the market leaving the presale investors losing their money, and if they are going to do crowdfunding they should be more transparent by showing the people behind the project, it's ok if they are not going to ask money but not applicable if they are going to ask for money.