Hi folks,
I'm not a person that does reviews often, and in fact while I do participate in the forum, I mainly read others' comments. However, I thought I'd make a mention a little bit of the NZL coin. Their ANN thread is here:
https://bitcointalk.org/index.php?topic=3126497.0 When it comes to altcoins, there are many things I take into consideration to see if it's a valid/legit coin. Now, of course you can never be 100% sure, but there are clues that you can use. Here are some of the things why I think this is not a scam.
1) They have an active discord group, and the 2 main developers are pretty much always there. They might be inactive, but they do in fact respond. In fact, they also engage with the community. They don't always talk about their coin, but they also talk about other matters happening around there or around the world. This is really important, to show that the devs have conversational skills.
2) They themselves have been scammed before and therefore, wanted to create a section within their discord for scam coins. They don't want anyone else to be let down or scammed. I think that's important because it shows that they not only care about their own project, but also other projects out there.
3) The community manager also does a fantastic job in engaging the community. It's nice to talk to him about various things.
These 3 aspects, I believe and in my humble opinion, show that they are in it for the long haul. Please visit their discord to ask questions. In fact, I encourage you to. It's good to be critical because as an investor, you need to know that what you are getting yourself into is a legit function.
Why this project will succeed?
Well, they are not over reaching. They are starting small. In their beautiful land of New Zealand. They are scaling up, as and when resources allow. They also don't promise or assure you of crazy high ROIs. Of course, market speculation can take the price of the coin either way.
Second, they already have a tie up with a local business (remember, they want to start local first). They want to be environmental friendly, which is why they are only PoS and Masternodes only.
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So, in closing, will they be the next DASH or PIVX? Don't know and maybe unlikely, but they are well worth your investment and if not your investment, then at least your time to look into what they are doing.
Disclaimer: This is my personal review, please do your own research about any financial decisions that you would be making.
