These threads are funny, so here's my view on the project.
The team knows what they are doing i.e. it is not a scam, but their goals are much different then those of contributors so here's my opinion on this.
1. Initial whitepaper had 64% of tokens dedicated for Presale & Crowfunding
Only about 5% tokens were actually sold, maybe even less. So the team decided to use those tokens for something else. There was an airdrop, but it only moved ICO contributors to some 12% *maybe the numbers are not correct as it was long time ago, but they are close to what I wrote.
Basically, those who participated in ICO and started up the project, ended up holding minority of the tokens.
Large amount of tokens were given away through bounties and not sure what else.
End result, those who didn't contribute didn't have any motivation to hold the token so there was a lot of low sell. Who was the loser, of course ICO contributors.
The price of token is so low that it is a very good entry point for potential investors, but the price for it was paid from initial contributors, and I consider this disrespectful (my opinion).
Cheers!!!
BTW It's not about the fast return, as my point is: Had the team burned unsold tokens, there would have been less tokens for them to give away, and the project would probably need even more time to develop. Yet they decided to use those tokens to further develop project in a way that hugely impacted ICO contributors.
It should have been planned better.
These decisions were made in order to increase interest in the project and demand for the token - it is still our belief that this will work out best in the long term for our contributors who held through the dip.
Stay tuned 