Saw those 200k+ pre-mined coins were supposed to sell into the ICO?
pre-mined seems like a scam to make the DEV fifty rich, and ICO? is this a double scam thing? is this even legal?
200k BTG is 20k BTC = 115,560,000 US Dollars at current market rate, for real?
The pre-mine is legal. What may be on the shady side is the developers calling it a fork. It is just an air drop with the developers having a pre-mine as interest. if the price goes to zero quickly, their coins will be worthless.
Well this is the case with any other project where per-mining exists. A coin with premine is a coin that will have a permanent stigma on it and will always be brought up when someone wants to attack, similar to a coin that was deployed with an ICO.
Even if the premine was used for a good cause, it's already seen as a joke by many potential investors. This is why bitcoin is unique... it was released with worthless coins and no premine, no other coin can replicate this because there will always be crypto speculators in a post-bitcoin environment.
BTG is not serious at all for me, just another fork. At least its better than S2X.