I bought some ETH a few weeks ago and I was thinking of trading it for Amon, but I'm not 100% sure if its a scam or not. Do you guys know anything about it?
Honestly, I have never heard of Amon. I can see it is a low cap coin, which can be good as it has potential for growth. However, this coin is relatively unknown but has been around for a while and never took off, which shouts too much risk if you ask me.
Are crypto wallets a good investment?
Crypto wallets are no investment. They just hold the private keys to unlock your coins.
They did an ICO promising a debit card but never delivered on it.
Something to make you wonder.
But their wallet distributes masternode rewards to holders of Amon. From my understanding once the wallet has enough coins to run a masternode the rewards get distributed to Amon holders. Can they actually do this or are they lying?
They can do this, but there is a caveat. You never know how much the coins will be worth down the road, when your reward is distributed. Or if the coin will be among the living when that happen.