Could some of you alt-fools explain a bit about why your pump of choice is worth real money.
2 percent of all coins mined goes directly to a wallet controlled by the non-profit organiazation, 'the einsteinium foundation'. This coins are to be donated to a project furthering science. Every month the community sends in suggestion on which project they would like to fund. The foundation chooses some and then the community votes upon it. Each donation (and mining period) is split into 'epochs' which last aproximately a month. Last and first donation went to a researcher at yale.
So barely any other coins are run by NPOs and as transparent as EMC2. Also emc2 is, i think, the only coin which kind of has that 'tax' built into the code to gather the 2 percent of mined coins. It also has a neat 'wormhole' feature in which once an epoch, the block reward, is increased for a period of time.
It has been steady at around 600 sat for a little bit now.
Basically, imagine if it reaches 1 cent, and the donations get into the 10,000 dollar range. then maybe a little publicity, and then it happens to get to 10 cents. Once donations start getting around 50,000 or so dollar publicity should seriously increase. Which should cause a lot of people to want in.
I'm in it for long term. It is not going to go up like BC, WC, or anything that goes up 10 times in one day. But it def is worth more then 600 sat...
http://einsteinium.org/