I was upset that I had missed a lot of coins which were cheap once like bitcoin, ethereum, etc. and are now expensive. I hope to redeem myself with the airdrop of MarineCoin which looks like a promising project. The project already has its own stock exchange. And the distribution is being targeted such that the coin is spread as widely as possible, without GPU and mining abuses, and is held by many holders worldwide. I believe this will make the coin gain a wider community. At this stage the dev has not disclosed all the secrets of the coin, but it is already clear that this will be related to artificial intelligence, self-sufficiency, decentralization and smart contracts. Looks like a winner to me.

I don't think it's unnecessary hype,  because marinecoin had a own premium exchange.

That project airdroping 450k marinecoin but can't deposit to coinegg exchange, if trade on this exchange you have around 0.1 bitcoin

Just sign up with Marine ICO https://marineco.in/ico
They have 450,000 MTC Free ICOs running right at https://marineco.in/ico
They are making a great distribution to the community, check it out and enjoy! see you again

Update (Feb 27, 2018) on DISCORD Channel:  Today a new member jonn joined Marinecoin DISCORD and had a very good Q&A conversation with Core Dev Bruce Wayne.  In this conversation, Bruce disclosed quite many new exciting information on MTC's past, present and future.  

Bruce first addressed concerns on the supply of old Marinecoin issued in 2013  and explained that the total supply of old Marinecoin should be only around 150,000 MTC or  only tiny amount compared to 9.7 billion current total MTC supply. Yes, these old coins still exist today but they are insignificant.  

Bruce further stressed that Marinecoin is community based coin and there is no boss in this project and Marinecoin blockchain is controlled by guardians. Anyone can become a member of guardianship program with 10 million MTC signed wallet.

On the future of Marinecoin, Bruce said that "we will have Jarvis ICO after the completion of this 20,000 MTC seed members. We will offer Jarvis to up to 1 million people and 1 MTC = 10,000 Jarvis."   On Jarvis coin project, Bruce said that "you have to be a member of the guardianship program to access proprietary information about the project. You will need to buy 10 million MTC either from exchange or investor ICO  and finish the seed node verification process with your privately owned domain name. That domain name is hard coded in all GUI wallets. The minimum requirement is you operate at least full seed node and link a sub domain to that seed node."   Bruce explained that  all wallets are nodes but not all are seed nodes. The GUI wallet initial sync  and connection can only occur by a trusted full seed node, which only come from certified guardianship program. Guardianship is for life as long as the guardian maintains the server with current costs around 5 USD a month. Guardianship improves Marinecoin decentralization and removes the ability of making code changes that may harm the value of the MTC in the wallet. However, marinecoin network won't be slowed down even if no one signs up for guardianship.


Jonn asked if it is the plan to get the coin into daily life and how should  marinecoin and Jarvis coin being used for.   Bruce answered that  the question should really be "Does it have value?"   Marinecoin can be used anyway today or be converted to USD.  Marinecoin  can be used in any situation from nano payments between two lot with nearly zero fees to general use such as bitcoin.  Jarvis coin is part of Marinecoin it won't affect inflation.  One can only convert existing MTC to Jarvis. No Jarvis will be issued.  it will be created by sending MTC or destoyed by sending Jarvis to MTC.  1 MTC is 10,000 Jarvis.

jonn: "why are two coins needed?"  
Bruce:  "we will have hundreds of coins in the future for different interests and countries all issued by sending MTC.  You will be able to create a jonncoin by sending MTC and distribute it to anyone with your logo and they will be exchanged at any market where Marinecoin is accepted. "
jonn: "This is called Branding. got it"
Bruce:  "One example is my son plays the computer games on steam I will send 1000 MTC to his Jarvis wallet and he will have 10,000,000 Jarvis. I will tell him to share it with the other kids he is playing online games with. He will send 100,000 Jarvis to all of his friends in exchange for roblux etc.  At the end they will be back to MTC if needed to be converted to USD.  Jonncoin value will be fixed by a predetermined number to MTC, so you will end up spending real MTC to determine the jonncoin total circulating supply.  You can fix it to 1 to 10 or to a million jonncoin per 1 MTC"

jonn:  "understood.  so to become a guardian costs 10000000 mtc x 0.000029 = $290?"
Bruce_Wayne: "For now yes"

At end of conversation between jonn and Bruce, Bruce further disclosed  on the latest airdrop progress that Marinecoin seed membership surpassed 2000 last week. There are already 4000 f1cx exchange registrations and nearly 2500 of them are members in the Marinecoin forum.  Bruce also indicated that core dev team have all these people’s contact information SMS and emails and will start a massive campaign to motivate the community in the future.  

Well.  Check out our reasoning, and tell us what you think:  Mochimo is taking a long-game approach to being a replacement for all these quantum-vulnerable cryptocurrencies, like $BTC.  The thought process behind releasing $MCM 1:1 to holders of the flagship currency in the ecosystem ($BTC) is to carry all of the most active players in the space into $MCM, thereby incentivizing participation in our currency.  Now to answer your question regarding distribution:

There are something like 16.8 Million Bitcoins in circulation with a total cap of 21 Million.  With Mochimo $MCM we have 2^56/10^9 coins =  72,057,594 $MCM, what that means is that yes - existing $BTC whales and long term HODLers of $BTC will get a significant stake.  However, the remaining coins (after the ~4 Million $MCM premine) with still be mineable, and that's roughly 51.2 Million coins.

Now, as of Friday, the team has finalized our selection of mining algorithms.  We had three finalists, a) typical HASH256, which is a sha-in-sha a la Bitcoin, b) Cryptonight, c) Trigg's Algorithm.  There was a discussion, to describe it politely.  It lasted four hours, and we came to a final consensus.  Of the arguments on offer, the thing that really closed the deal for the people on the HAS256 and Cryptonight contingents (I was one of them), was that Trigg's algorithm is a brand new, level playing field that is ASIC-resistant.

We concluded, in summary, that we are already rewarding the existing crypto community sufficiently with the 1:1 BTC:MCM distribution, and that newcomers should be able to mine at home using Trigg's Algorithm, thus making it possible for our engaged early-adopters to accumulate large amounts of coins early with commodity hardware (home PCs, etc).

All of that said, the Mochimo Dev team is doing everything possible to take the long view on this coin and its development.  We welcome your input and feedback on these ideas.  Please feel free to find out slack page and jump into the discussions.  It is linked on our website.