Seriously.
Charging more than double than actual PivX.
-.-
Hi TokenZ,
We truly appreciate your discussion.
Due to community feedback, a few days into the initial sale, we updated price of $5USD/1 APR Coin.
There are over 70,000 coins sold with over 50 MN on a wait list upon wallet release.
Regards,
APR Team
Fork from PIVX and valaued muc higher than PIVX? LOL i don't believe so
Right. Makes no sense to charge 5 dollars. The team is slick, I give them that. And they have the right twitter promoters that will pump the coin with tweets once it hits exchanges . . . I've talked with them in Discord. For one, having an invite contest just ends up people spamming other Discords . .
And the idea that a project will pull in roughly 350,000 dollars when there is no wallet, no github, no block explorer boggles my mind. People are being taken advantage of.
This coin better hope for a btc bull again, because a MN coin that costs 1.3 for a MN (again, ridiculous because of reasons listed above) will payout pennies and dump tremendously when it hits exchanges. Compare it to other MN type coins and you will get the idea.
But check this:
1. Create a MN coin (Which is the hot thing to do in low cap crypto right now)
2. Pay shills on Twitter to promote (And don't comeback with these guys don't accept payments, I've dealt with two of your promoters personally on other coins)
3. Create an invite program and spam people (mostly noobs into your Discord)
4. Initially start at 10 dollars a coin, but then based on "community feedback", lower it to 5 . . which is still high than the coin you are forking from (PIVX) that has a huge community, marketing, attends conventions, and is on the forefront of POS tech.
5. Take in hundreds of thousands of dollars and presumably use some of that to pay the shills on Twitter and hire or pay a developer to create the wallet (they may have already had a dev, but that's beside the point
6. Again, no wallet, no block explorer, nothing . . "proprietary code"
7. Make mounds of profit . . .
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Look, this could be a legit project, but people need to be aware of the red flags here. Appealing to people's greed . . .
If you are thinking of buying, just be careful and make sure you do your due diligence. The market is bear right now and paying a premium price for a coin that has absolutely nothing at this moment is a horrible decision imo.
