I've been doing some research on this coin to see if this is something I want to get involved in. If anybody is interested, here are my findings:
Core Dev of this project is AnythingTechPro. His last project was Litecash [LCH]:
https://bitcointalk.org/index.php?topic=2650829.msg27014800#msg27014800Here are all his posts on this forum:
https://bitcointalk.org/index.php?action=profile;u=1346709;sa=showPostsAs you can see, he's selling XAO really cheap.
Also, if you scroll down to the first post, you'll find this:
19 Alternate cryptocurrencies / Announcements (Altcoins) / subject here... on: December 27, 2017, 01:25:38 AM
...Last Saturday, before I asked 2 people from Alloy Dev Team (the only 2 people I had conversations with), that first post looked like this:
19 Alternate cryptocurrencies / Announcements (Altcoins) / Re: [LCH] Litecash (Cryptonote, private, secure cryptocurrency) on: December 27, 2017, 01:25:38 AM
Litecash project has been suspended due to unethical early release, and major issues with the blockchain... It was a cool experiment, thanks to all that participated.Here is the conversation I had with those 2 Devs:
CryptoRob - Last Saturday at 2:09 PM
Are you part of the team that launched this project or did you join after it started?
OxHaK - Last Saturday at 2:11 PM
The devs team in green, joined the core dev after the first launch.
CryptoRob - Last Saturday at 2:12 PM
What do you think about this:
https://bitcointalk.org/index.php?action=profile;u=1346709;sa=showPosts Those re posts from anythingtechpro and his previous coin LCH
OxHaK - Last Saturday at 2:21 PM
Interesting, I had not looked, but for now nothing suspicious, a normal progression and very good for this coin.CryptoRob - Last Saturday at 2:24 PM
OK, thanks
CryptoRob - Last Saturday at 2:24 PM
Are you part of the dev team that launched this project or did you join afterwards?
nighthawk - Last Saturday at 2:24 PM
joined after
whats up?
CryptoRob - Last Saturday at 2:25 PM
What do you think about this:
https://bitcointalk.org/index.php?action=profile;u=1346709;sa=showPostsnighthawk - Last Saturday at 2:25 PM
what do you mean
CryptoRob - Last Saturday at 2:26 PM
those are posts from anythingtechpro and his previous coin LCH
nighthawk - Last Saturday at 2:27 PM
good find
He's kind of new to this stuff so not surprisingCryptoRob - Last Saturday at 2:32 PM
Any other new CryptoLight coins that you follow with good community?
nighthawk - Last Saturday at 2:32 PM
he's a good guy, trying to do the right thing.
this one is good
that litecash was another project ATP was involved with we got 4 great folks. stay for the ride.
are you a miner?
Shortly after I asked those questions (and I only talked to above 2 devs), AnythingTechPro tried to delete his LCH post but only succeeded in removing the subject and the text of the post. That tells me everything I need to know.
If anybody is interested, I have 909 XAO to sell, really cheap.
Litecash wasnt my official project, I was only contributing to the project and lending the developers a hand. When the issue with the blockchain occurred the developers canceled the project before i could get a chance to help them fix it. And no, I havent sold any of my Alloy, was only encouraging the very first few successful trades. If I wanted to dump my coin I would have already and left the project. Its been almost a month and still here actively improving Alloy as we speak. And I plan to continue developing the project for the years to come. I hope you will continue following the project as well.