The dev is consistently selling his coins from the number 3 wallet on the top 100 list with no explanation of why the coins are being sold, no updates from the dev all the community hears is work is going on behind the scenes, sure it is work to try an sell as much as possible without anyone questioning it.
If this is still a legitimate project the dev needs to come out of the wood work and tell the community what is happening and give regular updates as at the moment this has scam coin written all over it.
This seems to be a serious attempt to create fud, the project is always progressing. we have server expenses. we run several servers for the digiwage blockchain(5) and the platform(2) itself and other infrastructure.
we have never utilized the coins for wrong causes. the coins withdrawn from the 3rd wallet is for covering the server expenses of this month. you can check that its been a long time we touched any of the wallets.
We don't have to hide, we created this platform for a good cause and we are always on our point.
you have to consider that we have been working on the project since 2 years with our own expenses, we wouldn't have to create a completely working model of the platform if we want to exit from this..
we too have our personal lives and we are trying our best to do as much for digiwage.
FUD? I dont think so, this is the dev teams 1st post here since November 26th....... No announcements in discord from the dev team since November 3rd and i dont even really want to mention the embarrassment which is the telegram 'chat' the only fear, uncertainty and doubt is created by yourself.
So now that is out of the way, the progressive price decline has been caused by constant selling mostly by the team as the no 3 wallet always drops a few hundred thousand coins around the same time the price declines but more worrying is what will happen when the no 3 wallet is out of funds, premine is then used to fund servers and then when that is gone what happens then? are you just going to turn them off? it was only back in October that the no 3 wallet had over 3 million coins.
The dev team is going to have to up their game if they are going to turn around this project, just driving down the price to cover the expenses isnt a sustainable model, the community not just needs but requires updates and to be kept in the loop on the project progress it just appears as if the dev team is in way above their heads now and struggling to cope with fulfilling the on this project.