it's scam,
the devs who holds minereum wants to cash out at high prices
the devs who holds minereum wants to cash out at high prices
I don't think so, the devs have delivered what they promised, time after time again. Right now they're setting up a company in Switserland to handle the ICO, which can be expected to happen at the end of this month. Also, all the MNE received will be burned, pumping up the MNE price, which indeed is good for the devs, but also for the investors
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But what does this say about the project itself? Shouldn't a good project just focus on development and let the market take care of itself?
Not anymore. As you know, the market is growing a lot faster than it can organically handle. We went from 18 billion to 180 billion in less than 8 months, this is an unsustainable growth. This means a lot of less succesful projects will disappear when the next crash hits. People need incentive to buy. A coin that goes up and down and up again is very interesting to investors, it shows an active community and large profit potential.
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Unless the whole project is just about profit, and then what is the use of having a development product? Anyway, ICOs are risky now. Let the China news play out first!
Every single dev out there is thinking about profit. The use of that product is to generate as much revenue as possible through solving a problem. Also, ART doesn't really target China as far as I know. It's mostly aimed at companies who want to use the tech to launch their own coins and ICO's a lot cheaper and quicker. Obviously the whole China situation made things worse but in the long haul I can see both MNE and ART do really well
I believe 400.000mne is pretty realistic 