The ICO became an Airdrop in some sense
. ICO cancelled , instead of shutting the project down, those who trust the dev and participated in the ICO got their refund with bonus
1 ChessCoin per 1 bella sent to the escrow. This one do look like an airdrop
but unexpected one though. And the good thing is that this coin with an active dev have alot of room to grow and increase in price
better catch this coin at it's lowest guys.
In a sense, yes, but not really -- those who took part in the ICO will be those who 'won' and will call this a fair airdrop sort of coin. Although we are still talking about crumbs level profit really.
Those who bought off the exchange at a higher price will consider this a scam.
Let's just say there was somewhat shady behavior going on once the dev said he sold some of his coin to a third party/yobit trading+ bela exchange rate changed. If you connect the dots, you can see how the exchange rate change benefited whomever was trading on yobit.
It could have been worse, but then again, it doesn't benefit the dev to drive the price of the coin into the ground completely, as he still has an awful lot of coin. So that's the only plus I can tell those who are sitting on a lot of higher priced chesscoin -- it's to the devs advantage to get the price up somehow, so he can sell his own coins. This voting thing will only do so much, he'll need to release some wallets/android chess app, or something...or simply pump the coin using his btc. Whether he can do that, or decides to take just whatever he can... that is another matter.