Yunbi owns most of 1st coin, it is not good for the ecosystem, they are the whale, most of Chinese involve in this project, I doubt other people will get this coin because it is centralized by Chinese whales.
What is wrong with Yunbi holding 30% or so? Isnt it good that Chinese are interrested? Yunbi is not a whale, it is an exhange..pls check LTC and almost every coin, check top 10 wallet adresses and you will see one two address which almost always owns 30-50% or more..
examples: qtum
https://etherscan.io/token/tokenholderchart/0x9a642d6b3368ddc662CA244bAdf32cDA716005BCgolem
https://etherscan.io/token/tokenholderchart/0xa74476443119A942dE498590Fe1f2454d7D4aC0dSo what exactly is wrong that on Yunbis wallet is 30%? Its Chinese investors, its an exachange, its not like they own it all..if you keep money (tokens) on an exchange its in their wallet..
Before ICO First Blood partnered with Yunbi to host the sale to a Chinese-speaking audience..well I think its actually good when the Chinese are interrested..
The real problem is there is zero marketing and hype..which is both good and bad..you dont hear much about 1ST, my suspicion is that they dont want to work under pressure and dont want price being pumped much before they have polished the product..then they will be ready for marketing and community building
1ST is Very promising project, i did my research..quite under the radar..no marketing and hype..they first want to have working product,
they released beta few days ago
https://blog.firstblood.io/open-beta-has-launched-bdc5438349fa On founders twitter Joe Zhou is another new from July 31 that they are working on a
new program with the goal to bring mass adoption to 1ST BLOOD project.
Over the past few months they have been designing, building, testing, and breaking their platform.
There was also
rebranding recently - not just logo, they designed and developed an entire new website too!
They also promised that they will start sharing
weekly Dev. Blog Updates on each weeks progress.
They are still polishing the beta, then they plan mass-adoption and they also plan to add
other games. This may get big, I am excited.
They also announced
Founder Token Allocation: On July 4th, 2017 there has been an official update by the 1st blood team that they have decided not to unlock 1ST tokens allocated to the founding team just yet (10% from total tokens). This is actually great news and shows that 1ST blood means serious business and is dedicated to the work. They have decided not to allocate the founding team’s tokens until they feel they have achieved the following :
1. A robust esports platform that is able to scale to multiple popular gaming titles.
2. Network adoption to a wide user base of competitive gamers.
3. A sufficient basis for esports integrity and competition standards.
Source :
https://blog.firstblood.io/firstblood-defers-founder-token-allocation-9d53306b06b0So much happened in July and almost noone knows, cant wait what they will bring next. If you do research in depth on 1ST you will be actually surprised, beacuse there isnt much bad you could say about it.
And competition? Almost noone..Game Credits is great but that is for buying games..the only other similar project is ROUND which is very shady (if you check their website - social links not working, team unknown, website amateurish full of mistakes..the same goes for their whitepaper..they only copied 1st bloods idea plus the did it really bad).
Almost noone talks about 1st blood and ppl pumping all possible shits so I thought it might be good idea to write something about a good promising project before the price goes up and ppl will call it pump for no reason...most altcoins are correcting in August, if you check 1ST you can see that it lost a lot during July like every alt-coin and its one the few which hasnt yet recovered..and hell after the news it has a reason to recover..
