January 14th marks FRN's two year anniversary.
I honestly can't remember a better first impression as when this project launched with its superb intro video and gorgeous branding, worthy of being the proposed crypto for a classy country.
No scam or shady shit, just lack of action, such a pity.
Classiest disappointment in a project of this sort.. by a long shot.
Are you really sure it's not a scam?
Why does the project die?
I'am also interest by a "french crypto"
Only the dev is 100% certain of that.
Add some things up: A video that to this day would cost ,at the very least, several thousand dollars to produce and that was at a time when btc was like $400. Not to mention all the infrastructure, including explorers, websites, and branding which no one can deny has the hand of a professional designer/artist or whatever.... All this was ready at launch, they could have dumped the premine when it was like 30 to 40k satoshi in the early days, to ROI the initial investment but they didn't. Last time I checked, the premine was still intact. People (my self included) complained that the premine amounted for a large percentage of the circulating supply at the time. Dev agreed and said that they were going to let the supply increase and the market mature before making use of those funds. All this could seem like it was the least they could do but if you have been in the altcoin scene for a while, you'll know that this is rarely the case.
I have zero suspicions of a scam, I don't see the angle. To me, they are still in the red from the initial investment and the infrastructure still alive and draining a few bucks here and a few there.
Maybe they just found greener pastures and postponed whatever work they had planned for FRN.