Post
Topic
Board Announcements (Altcoins)
Re: [ANN][EMC2] Einsteinium | Funding the future with the future of currency
by
praxiscat
on 12/05/2014, 18:53:19 UTC
Scam? Last I checked we are the furthest thing from it.
We actually gave about $3250 total between our two winners of the two epochs between our funding award and fundraising. Providing science funding, no matter how large or small is central to the mission, and we have done it so far, and we will continue to do it. This is quite the opposite of a scam, which these days is so common these days on the market it's not funny. As people who have actually been following pointed this out, we are a charity coin.  There was no large instamine, whatever coins we used to fund our winners were sold above market rate to buyers to fund the projects we backed.

I should note, we launched with no premine, no real instamine, no IPO, and a clean launch. We have been listed as one of the few ethical coins. In fact all of the markers of a scam, we have none. The coins on the market have been mined. The components of most scam coins feature large instamines, premines, secret launches, and deceptive IPOs. We had none of those features.

Even those that have an issue with us, have not claimed we are a scam. They may have some issue with some aspects of what we were doing, and we may have butted heads, but not once did I hear the word "scam" until now.
Those who have been around since the start know this history and what we have done so far. Again we are a charity coin, but we are not close to being a scam. In fact those who are setting this up are doing so at a loss. Even if we have to make a smaller donation next epoch, we are still going to make a donation.


The price is down, but the reality is the market is not something we really have much control. Just because the coin is down does not make us a scam. Especially when the market in general which is prone to a significant amount of volatility, and irrationality.

Right now we seem to be a target of irrational trolls for reasons I cannot quite understand.