No, we do not give in to persons that try to blackmail us : In December coinclarity pubishes on their blog an article about us that we are "scam" (without checking facts with us or even warning us about the article), then 2 months later they start investigating if their is really something wrong with our coin. Would you still answer such persons ? For those who want to know our circulating supply, please check Coinmarketcap - they update in real time our circulating supply, they have full detail of all our wallets.
Ben, we have nothing to do with your alleged blackmailers, and that has nothing to do with the fact that coins are moving in and out of your "locked" addresses. Furthermore we did communicate with your other team member before publishing the article, on your Telegram. You could read through it and find messages I wrote there before the article was published, unless you deleted them all already.
The reasons we think your coin is a scam are well outlined in our article:
https://coinclarity.com/spotting-a-scamcoin-free-coin/Primarily, you're offering thousands-fold returns on your coin without going into detail why that would happen, which is a strategy used by Ponzi schemes to entice greedy people that can't help themselves into buying their coin. You have absolutely no plans for real-world use case scenarios and the one reason you give to people to buy your coin is "because it will go up in value." That's a scam.
Our locked supply is in several wallets (1 Ledger with 4 trillion, 3 wallets with 350 Billion, 2 wallets with about 200 Billion, 1 wallet with 50 Billion, and a high number of (paper and online) wallets with smaller amounts). We had a lot of communication with Coinmarketcap about this, who wanted full clarity about all these wallets before they listed us. For our real circulating supply, see coinmarketcap who do update this in real-time.
That "other Team Member" (Aceboss) is NO team member of our project team. He is an external consultant, who was hired with the specific task to set up our different Telegram Groups and to increase our number of Twitter/facebook followers. He has done good work on these tasks during about 2 months, and moved on to a new project. He has never been fully briefed about our real long term targets, and was as such not the correct person to explain this.
We position the FREE coin as the ideal starterscoin, to learn how to use wallets, exchanges, bots, ... Because of its low price it can be used without financial risks by novices. Via paypal we try to reach the complete starters, via the other exchanges we offered the FREE at the lowest cost possible on that exchange (and yes in BTC or ETH pairs this is more expensive that in USD,NXT,LTC,HTML,... pairs.
We will NOT release more than 4 Trillion coins, if the prices does not reach specific milestones. First milestone (0.000001 USD) has been reached as per CMC, but extra coins are not yet released (because not needed at this moment for the project) although we are allowed to release another 0.5 Trillion (see our whitepaper)
On Exchange Listings we did already spent more than 3 times the money that was collected by our sale of FREE coins (from the initial 4 trillion : 1,7 trillion were donated and 2.3 trillion were sold at prices between 0,01 and 0,4 gwei). Is that the typical approach of a scam ? we do not think so....
The "peaks" in coinmarketcap were not wanted neither caused by us : Coinmarketcap does not calculate a real weighted average price over all transactions, they calculate by excluding "outliers". Most of the time they exclude our high prices (FREE/BTC), but at those moments they excluded our low prices and as such overestimated our value. We are not responsable for this, we are also not happy with this because it confuses investors. So we did never manipulate the market contrary to your accusations. At this moment we are active on 22 Exchanges (with 31 pairs) so it should be clear that no one can manipulate the FREE coin sales unless you have access to enormous financial means.
And yes, technical speaken we are a "token", not a coin. But are we a scam because we call ourself a coin ? Then Binance Coin (BNB) is also a scam, because it is also a token on the ETH network. And 95 % of all coins are scams, because they are also tokens on the ETH or ETC blockchain ?
