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Showing 3 of 3 results by lr441
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Board Announcements (Altcoins)
Re: [ANN] AGENA - Autonomous Smart Masternodes // Low Supply // No ICO // MNO
by
lr441
on 22/03/2018, 19:21:55 UTC
This is NOT a scam coin. Of course there has been some problems but it is absolutely normal with every coin. Please don't spread FUD. This is actually a coin that can have a bright future if you are just patient enough. It has good devs who are here for long-term, not for quick-buck and runaway. I wish absolutely the best for this project.

We found ourselves a bag holder.  You have FUD confused with facts.

Good devs answer questions about their project in a timely manner.

Good devs do not ban people from Discord for asking reasonable questions.

Good devs pay out bounties in a timely manner.

The devs had no problem creating this thread.  They should have no problem addressing the issues here. 
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Topic
Board Announcements (Altcoins)
Re: [ANN] AGENA - Autonomous Smart Masternodes // Low Supply // No ICO // MNO
by
lr441
on 21/03/2018, 18:08:21 UTC
It is kinda hard to prove I asked the questions or even that I was banned from their discord.  When you are banned all of your posts are removed.  It is almost like you never existed.  That said, I asked questions of the dev's in a civil manner which they refused to answer.  When I pressed I was banned shortly after.  Lucky for you I saved the questions so if they want they can answer here.


"question for the devs... This may have already been answered but I havent found it.  At 4 million max supply this is going to be mined out by the end of the year.  MNs are paid from a share of the mining reward.  When there is nothing left to mine how are MNs going to get paid?"

and then this...

"Well.. there are 1440 minutes in a day.  The block time is 1.5 minutes so on average we should be mining 1440/1.5 = 960 blocks per day or 960*12 =  11520 Agena per day.  4,000,000/11520 = ~347 days...  This  is just an estimate as it does not take into account the initial sale of MNs, the 60k premine, or the fact that the block reward did start at only 4AGN.    Prior to buying a MN I just want to find out what the plan is to pay MN holders when this is mined out."

I think anyone investing in a coin has a right to do their due diligence and ask appropriate questions of the devs.  I also believe that if the devs have nothing to hide these questions are easy to answer.

Feel free to continue drinking the AGENA coolaid.  Until these questions are answered this is a scam coin with a dev exit strategy prior to it being mined out.

Cheers!
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Topic
Board Announcements (Altcoins)
Re: [ANN] AGENA - Autonomous Smart Masternodes // Low Supply // No ICO // MNO
by
lr441
on 20/03/2018, 15:10:49 UTC
This is a scam coin.  I got banned from their discord for asking the devs questions about how MN owners were going to get paid after the coin was mined out.  With only a 4 million max supply it will be fully mined before the end of the year.  Buyer beware.