jesus christ i now read through the thread in Odinns link.

Thanks odinn, i can see you clearly defend the dev till it was just to damn late. Sorry you got burnt and appreciate you spending your time to try and avoid it happening to others.

I really understand it must be personal after you gave them the benefit of the doubt for things to turn out the way it did.

Think EOS, if you ever mined eos you know that your going to sell it at a few percentage points higher than the trade price. Thats what i was hoping the devs were putting out there and my obsession with listing on exchanges i can sell for fiat. Mine - sell for fiat - buy ether -mine Rinse and repeat. This is what alot of us do with eos and its reasonably profitable.

as for Odinn, the dev has said things went wrong in those projects listed above and well the writing is there to prove it. Community looks out for each other and i expect no less from anyone in crypto. Its up to an individual now to decide if the smart contract is good and the DEV is making the right steps to make the project successful.

Jed Mcaleb still alive an stellar is surviving after all the crap he was in with mt gox so i guess its no real issue to work with someone of questionable past[not implying guilt or innocence]. The paid nonsense however is far from truth, has anything even been traded on the exchange?

Quote crypto journal
"Elsewhere on Futerex Exchange FUTR was being offered at 0.01 BTC / FUTR, around $6.47 / FUTR, while FUTX smart contracts were 0.05 BTC / FUTX, or $32. FUTX contracts tend to sell for higher prices in times of rising market conditions due to the more limited supply of FUTX tokens combined with the shorter-cycle mining periods entailed in level-crosses, indicating that a bottom may be reached for digital asset sell-offs even as securities markets begin to enter into the red."

The order books look empty to me and they should be, even coinbase took time to build liquidity so not sure where this bollocks comes from. A single entry that hasnt been fullfilled yet in the order book?

Looking back through questions pertaining to listing on exchange its obvious that they have been misleading, unless they had to call their own exchange to question and get information on listing futr.

quote dmhco on reddit
1) This is still the case as far as I am aware. I spoke to the exchange in question today by phone and certainly the guys there didn't seem to have any problems with this. Not sure what you mean by crappy, but if you are looking for Binance by Feb 2, I can tell you for a fact it is a "no" ... will it have volume to trade (which is the function of an exchange)? Sure. You will be able to trade your FUTR for a better value without any issues if all goes according to plan. That's the whole point.

listing of coins like zurcoin on futerex
i guess its obvious that the dev would support their own interest so i cant really bitch about that
Small cap dead stuff should be avoided for sensible investors if they do chose to use the exchange.

White paper says 2 more exchanges by 31st March, topic here says by end of december. From laymans analysis the contract seems to do what they say it does so the only real risk is a 3 year wait and 15% loss of your eth contribution.

Again, its a smart contract so not to worried beyond getting exchange listings thus far and questionable communications/publications. This has potential to be successful however without some  major visibility into the project from outside the 144 of 500067 eth collected thus far doesnt look to promising even over the 3 year period.

dev has an up hill battle with this one, suggestion to publish hard dates and planned exchanges for listing. All the best mate, hope this works for you and every investor.

well thanks for taking time to reply, appreciate it.

crypto is tricky, the 2 other exchange listings will help alot. It is a red flag when any crypto can only be traded on its own exchange. If their isnt cashflow moving in and out of it consistently i would be concerned. I advise people to only invest as much as the daily "float" of a crypto can withstand you removing before it moves in any direction.

Claiming listing on an exchange then building one out of thin air isnt particularly endearing, nor is it functional or will it be in the short term for trading. Liquidity doesnt happen instantly. Again i will take a wait and see approach on it, a 15% loss on eth which is the risk isnt even strange in this market if things dont work out for your project and its investors

best of luck with this.

Red flag 1, anonymous team till exposed
Red flag 2, builds own exchange on date of claimed exchange listing for futr
Red flag 3, source contract delivers payment to developer regardless of success or failure of project
Red flag 4, Rollover is heavily taxed at 20%, in the event you do mine late and want to rollover the balance of eth remaining in the contract is taxed 20%
Red flag 5, Currencyjournal where this is advertised is sponsored by developer
Red flag 6, little to no advertisement on more established mediums

This is just my opinion and could easily be wrong. Do with it what ever you feel

Looks shady, did the white paper say to be listed on 1 exchange feb 2nd so he built his own exchange? Ah whatever, to each there own i guess, wont recommend anyone get in till its on a decent/established exchange.