I don't see anything special about this coin? I think people will lose a lot of money.
The special thing about this coin is that it can be mined on mobile phones with an app. So people can easily get in touch with cryprocurrencies. I think it has great potential
Wow. This is a big scam. No product, no innovation, no value. You think this will grow faster than bitcoin or ethereum? It's insane. This will be down from the ICO price and never go over it. I took part in 15+ ICOs, trust me when I say I know what i'm talking about. This is the type of token that just tanks.
First sentence "scam", "no product", "no innovation" and "no value"
All 4 of these are not things that are under the "opinion" category.
ALL 4 of these things are either YES or NO, ON or OFF, etc.
So the FACT that you were incorrect on ALL 4 only means that:
1. You have us confused with something else
2. You are lying
3. You misunderstood what you read
It can only be one of those 3 things, because you are definately incorrect. Like I said these 4 things are not in the "abstract" category.
"Scam"
This would mean that people are not going to get what they were promised and some level of fraud is/was involved.
That is simply not the case here. Everything is above board. You can be sure everyone involved will get what they were promised.
They have offices in England
The dev is the founder and CEO of a marketing company that is valued at 50 million dollars, and has clients such as Avon and Herbalife for example. He is not throwing all that away for a crypto scam.
"No product"
This is actually a token sale that had a working product prior to the start of it. There is already an App on the Andriod market.
"No innovation"
Any time something is a FIRST, Id call it "innovation".
This is the first time that anyone has made a coin that can be mined by mobile phones. We all know the debacle called Minergate, which is the App that tries to mine cryptocurrency on a cell phone. We all know the resources needed to mine coins as they are made prior to Electroneum. Minergates reviews are riddled with horror stories of phones being ruined and very few coins actually being mined.
Electroneum had to "go back to the drawing board" to avoid the same fate, if they were going have phones successfully mining cryptocurrency.
What made that possible is they were starting from scratch. In doing so, they were able to create a crypto that COULD be mined by a mobile phone or a regular computer. What they did was create a twin algo based on cryptonote that allowed the regular computers mining to power the blockchain, and those on mobile phones to generate coins without using the resources on the phones in a way that did any damage to them whatsoever!!
This I would definately call INNOVATION!!
"No value"
This is simply not true, although this might be closer to an opinion than the first three, it is still provably false as there are already many people behind it. It also has over a HALF MILLION dollars raised in the token sale. What amout of value it truely has will be decided by the markets on Nov 1st.
So, considering that the first line of your post was incorrect, Id invite you to read or re-read our ANN thread and technical white papers and let us know what you think at that time.
Thanks
