You are supporting a scam, and not supporting Israel in any way.
This is a copycat job - see Auroracoin, Greececoin, Aphroditecoin, and Spaincoin for reference...
This seems more legit to me than Auroracoin or Aphroditecoin. HThere's even a picture of the developers faces : http://www.haaretz.com/business/.premium-1.582015
However, when looking in to their whois i see some fake address and no accurate information. Maybe that's suspicious?
I will totally and happily eat crow if this turns out to be real AND successful...
...but until then...
We would be delighted to watch you eat said crow.
We'll work extra hard to make that happen!
All joking aside, the amount of work in moving the project forward is just staggering. But we are committed and are working as hard as possible to make it happen.
We should also have some interesting updates next week in regards to Phase-I.
Stay tuned.
What is the work that is being done?
Really, im worried that it just fell on coin market cap, and also lost half of its price.
This would be a good thing for me as I am thinking of buying.
But what is the reason it will go back up? This is the other half of the equation
No it won't. All the coins that claim to be nation coins have failed big time till now.