Good that You add 401K to stake united service but I am scared with those guys. I have lost many coins there And the support is not so good.
And something else, what's the pros to invest in this coin?? There are so many others like this.
I will explain to you the pros I found in this coin, and the reasons I invested.
~Coin specs don't make the coin die after a couple months:
You can see the max supply of the coin is 25 million, and with the block rewards it clearly shows that the coin max supply won't be reached for over 100 years. This makes its clear that the coins goal is not a pump and dump project, but a long term project.
~Premine that isn't sold will be burned:
Some coins don't say what they're going to do with the premine, and that always makes me worry. 401K Coin has said they will burn all of what isnt sold. This gives me trust in the developers of 401K Coin, and it also lowers the supply available, which should help stabilize the price.
~Use cases
401K Coin is developing a fee free pool which will give anyone a chance to invest, and help increase their 401k coins. The use case I like most, which also focuses on the long term investment idea, is the retirement integration. Which further promotes people to hold their coins, and helps stabilize the value of the coin.
~Team
I recognize almost everyone on the admin, and core team I see on discord. I've seen them work on other projects and I trust them.
~Marketing
I have been seeing 401k coin all over the place the last couple weeks. They are already on stake united, have a banner on masternodes online, and I hear they are getting on Staking Labs platform now. I believe they will continue their marketing, and help get the word out about the coin.
Really appreciate the write up. Thank you.
