Quote from: digsmining on September 07, 2021, 06:28:18 PM

So I would like to clarify I do not care nor does it matter about reasons you and the Devs disagreed and any potential allegations they have made. I don't have the details and cannot comment on this aspect outside of speculation.

What I can comment on is; that "Electra Pay" for ECA was promised and on the roadmap and continually pushed back including deals with different organizations and businesses which is the main reason electra looked promising besides the blockchain feature and the reason I supported, contributed and held/hold.

None of this was realized or delivered?

The blockchain maybe open source, but Electra Pay is Electra not Electra Protocol, yet it is now Electra Protocol Electra Pay.

Effectively the Devs took your project and it seems worked behind your back with the motive of taking control from you, so they could further the project on their own terms, with probably an outside interested and invested party.

Were the Dev's sandbagging until they had everything in place?

Or were you stonewalling progress and direction? From what I read it seemed that you played a passive advisor role.

I don't doubt the Devs were committed at least to their own agenda. With this said, I think reasons given by the ECAP representatives on this thread, are deflecting trying to place blame, unless I am missing something, using it as an excuse to basically steal the project and defraud ECA investors for their own agenda.

They have claimed that you were selling premine, my perspective is that it was your project, your idea, I am sure you have put in a ton of work, management, coordination and funds.

I am not aware of any reason they could not continue on the ECA blockchain, outside of they wanted full control of the project and the currency but again, by defrauding ECA investors.

Ultimately they say as a result of your selling, you tanked the price, really that comes down to in my opinion, what is the true price and how resilient ECA was within the market. In reality, the Dev's with a lack of transparency and creating a fork and repurposing features and services promised for ECA then blocking ECA investors on exchanges and mobile wallets, possibly to prevent you and others from using Airdrops, was kind of a nuclear option and caused great damages and losses for everyone.

Where the real damage was done, was cutting or not maintaining ties with exchanges, taking down multi-media and using promised features for ECA for ECAP where they have full control and financial leverage. This is what really damaged ECA and its price and the long time investors and community.

The 10 day period was not sufficient, since the ECAP team, extended this, they should honor all requests including yours. I read that one of the ECAP representatives argued they didn't need to use Electra branding and blockchain and extend an airdrop offer. But I would argue, that is exactly what they should have done. Now they are legally bound and its because they are using the electra branding and blockchain even if open source and features promised for ECA for years, and failed to deliver. But coincidentally delivered with ECAP along with business deals, so looking from the outside it seems like a calculated move.

My take, this is a fraud case, that needs to be reviewed to see if there were any criminal actions and litigation is required. I am not sure what your role was, hopefully it was passive, I think the crime leans more towards the ECAP Developers and team, but a court and litigation should sort that out.

Besides lawsuits, perhaps a class action lawsuit is in order, if the ECAP team does not address the previous mentioned concerns. Even with that there still needs to be an investigation. They are betting on the open source license and a diverse global team, possibly the cost of litigation protecting them. There are many small investors, that feel cheated and this sentiment is what brought me here.

I'm glad you picked up on my question on who is the owner of ECA; getting together a new dev team could revive ECA adding features and of course injunctions against ECAP to prevent the theft of electra pay. This all takes money, time and skilled resources. I'm considering if I have the available bandwidth, but would like to continue the ECA project. My first task is to look into legal pathways for investors of ECA, meaning what can be done legally such as a lawsuit or class action lawsuit or at least ordered time of remedy or injunctions.

It would have helped if you had the Devs sign an NDA and non-compete and classified IP related to the project like electra pay.

the way they work
It is not in the long-term development of the coin.
simply to increase the price
As a show for a long time
it's revealed
After the fork, everyone left for the xep team.
When Hitbit is delisted, obtain information in advance and sell billions
sold out
Doing a coin business
any project
can't succeed
eca even if the price goes up
Again, the foundation will sell coins and try to make money.
stop investing
That's the way to protect your investment
I have invested more than ten thousand dollars
Currently holding 30 million
Mobile wallet does not open
I'm just watching