I would assume the development alone of a working prototype that is able to collect some interesting data and transmit them from isolated locations (appeared to be the main idea) will cost in the range of 20-50k $.

I have been supporting this project for the last four months and own about 0.19% of the supply which makes me one of the top 100 hodlers. Thus I feel I have the right to add my opinion.

1: Whitepaper needs to be ready by the end of December, at latest January 2017. I have read it and it looks good already. Just some more work needed.
2: No restart/reboot. There is nothing wrong with the coin, wallet is working, explorer is working. Restart could create some short-term attention, but in the long run might kill the project completely.
3: The IoT devices have to be made. If it costs money, the dev could update the wallet so a fraction of stakes goes towards that costs (I am not a programmer/developer, so have no idea if it can be done). This would reduce the rewards and slow down the inflation.
4: It could be a good idea to reduce the rewards for good (by half). Setting staking rewards to 0 for a year would make people drop Rain and move onto some other coins (which could kill the project). Masternodes aren't needed, but from marketing point of view could be useful.
5: This project doesn't need anon transactions.
6: No need for personal attacks. The dev is still here and what some people posted here is just disrespectful.

If someone wants to add to that, or express disagreement with above, please do (in a constructive way, if possible).

I don't think it's a fraud, but just some passive, careless people involved without any sense of responsibility.
I know it could feel the same...   but I just don't think the intentions of the dev are bad, he is just not capable to fulfill the job...

No, picture is public in slack and linkedin anyway. I just saying here besides the picture: Austin is an example of someone how creates attention and cashes in afterwards. He says :"Building a web application and donation service to serve as a thin networking layer between those who want to give to those that need to receive in the dire times of the Refugee Crisis that plagues Europe. " I think he did mean: " Give to me, because I need". Maybe is most recent project he is involved in, "openRefuge" is a scam as well. Using a good cause but scamming the investors. This is nothing but a fraud. I am tired of people that are getting away with this kind of stuff. Surely he will have made money, but did was everything right from a regulative perspective?

Send a picture of 808 coin or try Bitcoin pic.

It's about bitcoin and altcoins anyway.

I wonder if this is the start of the elites clamping down on crypto currencies  

Send a picture of 808 coin or try Bitcoin pic.

It's about bitcoin and altcoins anyway.

I wonder if this is the start of the elites clamping down on crypto currencies