I think we have to wait until it's Released. it's not a crazy idea, it was expected the creation of an asset-backed currency, with a company that truly take care of it.
if it becomes real, we will have to buckle our belts ...

Quote from: minairia3 on June 22, 2014, 10:15:37 PM

I too was interested ... what a cool story: South American mining company enters crypto market. No. Bogus website with mis-spellings. Mispellings on the front page of a major corporate site? Random links to football matches. Mention of a hotel chain that doesn't exist. Pretty definitely a scam done by scammers of way above average creativity.

Quote from: PiOfCube on June 22, 2014, 05:23:43 PM

I was going to add a long report about this "company": About how the website is just a generic cookie-cutter template made by a "company" that doesn't even seem to have a site any-more. That domain name was purchased quite recently, so that's an indication that it may have been created solely to promote the coin and not as a real business site.

Also, how there is no real information about the company on that site and how it all just seems to be there to add hype to the coin. No company contact details, images the seem to come from a stock image provider and that's just about it.

I was also going to add some insight on how things don't add up about their plans for the long term development of the coin. Including a planned fork? Why plan to fork the coin if it gains acceptance? Seems very odd.

Also, no real indication of how much pre-mine and the maths used to work out diff/etc. No reason to hide this unless they don't want people to know until it's too late and you're already mining it, while they dump that fat pre-mine into the exchange.

Claims of sponsorship but I couldn't find any official announcement that even mentions sponsorship by "Wacminerals LLC".

Anyway, I was going to do all of that and more but, for some strange reason, I lost the will to live.

I think I will pass by this coin and very quickly.

I may be totally wrong but this looks more like a "Whack Job" than a "Waccoin".

Good luck!