Coins have survived even when a Dev has gone AWOL (which I don't think he has), having said that it depends on community support to survive.
The Dev quite clearly stated his intended use for this coin so it's up to everybody to make his project a success.
Personally I'd be more than happy to use the coins I hold toward any bounty to hunt down the scammers and scumbags that lurk here trying to rip people off
The Dev quite clearly stated his intended use for this coin so it's up to everybody to make his project a success.
Personally I'd be more than happy to use the coins I hold toward any bounty to hunt down the scammers and scumbags that lurk here trying to rip people off
+1
There's a problem with FIND price and dev's purpose - 1M FIND bounty worth only 0.15btc. With all FIND coins you can put up only 15 btc bounty - and it's a joke comparing to hundreds and thousands and hundreds of thousands bitcoins that scammers ripped off.
A) You need demand for that to work and..
B) You need to prove it can work for the market to believe in it
I'm sure once a few successful low cost bounties are collected and confirmed legitimate the coin may have a chance, until then its pie in the sky until distro is over
A) The only guaranteed demand FIND can have now is from people who want to make profit out of it. This is a no-brainer: 1) go to coin-swap with at least 0.65 btc; 2) buy 1.5M coins now - you'll drive price up to 200, but your average buying price would be 43; 3) put 15 ladder 100k sale orders in 185-200 price range, or even at 160 - and you have yourself at least +240% profit overnight. Or you can come with 2 btc, get yourself 2M coins for 100 average, and drive price up to 400.
The greed is - and will be - the only demand until distribution is over
B) For FIND to serve its purpose means we should 1) pick a scammer; 2) announce a bounty for his doxxing; 3) get this doxxing done and pay out the bounty.
All other games and raffles and gambling doesn't prove FIND can work and doesn't provide anyone reason to believe in it.
Anyway, there is one working method that can turn FIND into 100% community-driven coin with 4-digit prices, and as far as I know, it has not been implemented with cryptocoins yet... but it will require almost every wallet owner to participate. Thanks to SHNICI, he reminded me about this scenario; I'll try to write it down and post it later for discussion.