Crazy moves today, but I think its just a pump and dump. No roadmap, no whitepaper? Just some exchanges rumors, but I dont think it will be a big exchange.
I wanted to counter some of the FUD on this thread. This is a a low supply coin with controlled monetary inflation (PoS of 10%) and its own blockchain, not an ETH token. You will not be earning 20% a week or whatever like the high staking coins (Ember, 808, IFLT, etc), but you may have a chance at price appreciation
1. There is a very basic roadmap at the following link.
https://www.ethereumdark.net/road-map-1. As per the dev, the white paper is in progress.
2. Several airdropped coins have had substantial increases in value including DCR, NEM and GBYTE. We can't conclude this is a shitcoin simply because it was airdropped.
3. BitcoinDark (BTCD) has market cap of $115M, so there may be a fear of mining out (FOMO) effect at work here with today's giant price jump with ETCD to $0.87 from $0.0925 days ago.
Early airdrop participants received 200 to 400 shares, that implies decent money for the modest investment of effort.
Its too early to tell what will be the fate of ETCD. It all depends on the pace of development, release of the white paper and growth of the team. I am cautiously optimistic and can say the Proof of Stake mechanism is operational and was able to stake with the shares granted as part of the airdrop.
