First of all, thank you cryptodevil for your investigation, it is good to see BTCT community active to protect its members.
They have been introduced to me on skype, maxime the CEO clearly told me he wants to take advantage of the ethereum hype as i told them that their decision is a no sence. Then they took my ideas to hide their scam, i though they will use stratis or elements or even create their own blockchain, sorry for that.
This project sounds non logical, i don't imagine guys who args getting millions a month to integrate a token on their platform. That means they will have to stop using FIATS on their platform, and use their token instead, or its value will be low. Risking their users for a token ? it doesn't seems logical.
Needless to talk about the frequentation of the platform, it is indeed sinking, they advertise 18 Million users while only 2 millions are active (over a month). This project is about creating a smart contract, getting money, selling the platform and leaving it.
Instead of lying about the team members, they could have said, the tokens will go to the Enjin Team, no need to lie about that.
As a result, they want to keep coins to play pump and dump. Saying they will distribute tokens to their partners (big companies as they said) is stupid, are they bounty hunters ? are they serious about that ?
It is like offering tokens to trusted members of bitcointalk to promote a project, most of the time they refuse.
I let you read my two other posts, for fun and memmory :
First, you are not game devs, you are a service platform. I risk to bring you down on the intellectual level if you keep ongoing.
Are you Minecraft ? are you DOTA ? are you CSGO ? to say that Enjin Coin could be implemented into games, i think that what you are saying is that the future game developers who have an interest into Altcoins and cryptocurrencies would come and use your token and your platform while they could simply create their own token, providing their own ressources. Why would they use Enjin instead of going for a custom sollution ?
You don't have the required weight in the gaming industry, you are a service provider. Creating skins, using them with a smart contract or a token, rise did something similar a year ago, they have been well financed but the project died. Skin coin isn't worth to mention. These are mostly a hype because any intelligent developer would ask himself first "can i develope my smart contract (or token) the way i want ?", as you are scraping the surface about the token, let me response in a development side, and i already told you about it, you responded saying that the token is for money only (which annoyed me). Once you put a smart contract on the blockchain you are limited, have a look at this link :
https://ethereum.stackexchange.com/questions/2404/upgradeable-smart-contractsWhy skincoin isn't worth talking about (so does enjin) ? Because nothing will ever guanrantee that a deal will be respected by the seller side, unless a blockchain can upload graphics (which will be soon totally impossible because 4K) your system will be centralized. The other thing is that people doesn't need enjin to create a smart contract, you could have talked about a new protocole (like XCP) instead of a smart contract, it would have provided more integration sollutions, by the way we are still two talking here, that's why i ask you to lock the thread. Maybe Enjin have financial issues and that's the reason why you do a crowdsale. As i said, it is ridiculous and you hsould lock this thread as you would get your name dirty after that.
Stop looking for money like Gollum. I know that crowdsales are exciting for many people, with the return expectations, but you hsould think about the return you are going to provide, in this case, the project is simply dead because of the ERC20 token. Ethereum did smart contracts to enhance the services and rely on the blockchain's immutability,in this case, you talk about development while you are in services. Next time please, get more documentation before launching a project, because as far as i can see, there is no research here.
And you act like scamers pushing people towards investing everything in the first day in order to close it early. Give time to people, they need to think, to consider every aspect, to do their own researches. It is not because you saw a lot of crowdsales closing after a bunch of hours that it is really something good to do, you hsouldn't compare yourself to them, these guys started talking about their projects months before starting the crowdsale, and they have highly well made and though project, with months of sleepless nights, while you come in and talk about been expects since X years, empty barrels make more noise than full barrels, your whitepaper is empty.
Seriosuly, lock the thread, it is shame to launch a thread like this one. If you made a fork, it would have attracted a lot of people, and we would have all waited for yobit listing to dump it, that's sad.
With the actual structure, the crowdsale reminds me of :
s
ucky, sucky, 5 dollars, crowdsale ends in 8 hours !
Ming Lee, CartmanOh c'mon, you copied my personality or what ? NVOsaid that it will support MaidSafe, and now you say that you will probably support Raiden. There is only one difference, Dirvine has confirmed that we contacted them and are willing to work together. No Raiden contributor confirmed about what you stated. I told you about Stratis and Blockstream (NVO uses CounterParty) , which is maybe the only interesting point into your reply, for the rest, it is only blabla.
Cryptocurrencies are moving towards decentralization, and you talk about a smart contract (which is decentralized) linked to a centralized authority, that's amazing, why don't you just deal with the FIATS as they are already centralized, why don't you keep them ? Do not be hypocritical. Don't worry Witek, i will teach you a small lesson soon. However, i still believe that enjin is a scam, this is why i tell you to delay it for the next year and think about a really good idea, not something to scam people.
I made a pretty long post on the (not yet active) subreddit, but I'll put down a few of my major concerns here, too: How could you possibly integrate EnjinCoin, a cryptocurrency asset on the Ethereum blockchain, to your community, which are largely children? How will you see adoption when, beyond this, the people investing in this coin are not the same people who will be using it. (Minecraft gamers and crypto investors don't mix much. Look at all the failed Minecraft Crypto servers). Why are you paying the team with 18% (yikes!) of ENJ supply, as well as paying them through ICO sales? Double paying? IF ENJ is widely adopted by your millions of users, who is paying the ETH transaction? Kids would be wanting to send a few dollars back and forth all the time. That doesn't work with current fees.
Most importantly, why make your own currency? Why not partner with GameCredits, who is already seeking to achieve just this?
As of the development side, i think that they are already down. However, your feedback about the Ethereum transactions is really interresting, i am really pleased to see real legendaries in bitcointalk, it starts to be rare.
I can't imagine a young user demanding his father for a bittrex account (or poloniex) to buy Ethereum which will have to be withdrawed to another exchange to buy this non-sence coin in order to withdraw it again (while paying fees for each step) to finally send it to the Enjin platform, and loose on fees again. All this process should happen in about 20 minutes minimum which is far enough for his friends to finish a game and leave it before than he is able to arrive.
As they are scaming young people on their platform, they think they can scam people on BTCt too, by the way, they are based in Singapor which is the reason why they don't gime much interest to the legal sides. And i have a hwole discusion about that from skype, they better focus on TOS to protect themselfs instead of the users.
Also, i don't understand why someone making 1Million$/month would run a crowdsale for a token, especially into the same platform, you could have sold shares of the company instead as it would have been a lot more interesting for the investors. Ah ! i forgot that you don't care about the legal sides, you are the kind of letting your investors selling their tokens to young users, really, the project is really nice, rushing the crowdsale to get funds.
I wonder what the volume will be, the best skin is usually sold for 14$, i can't image a whale negociating with a child for 14$. Totally awkwarkd.
conclusion, i imagine the investors :
Homer: hey son, i found a way to get money, i invested all the money saved by your mom for your sister's studies.
Bart: really Homer ? we are going to be rich ? i don't care for studies !
Homer: I bought Enjin coins, you will be able to sell them to your friends !
Bart : You are so stupid Homer !
Second investor profile : 
Dora's mom : Hi honey, i missed you today, haven't you seen my 200$ ?
Dora: Hi momy, i used them to buy Enjin coins, they promised that i could use them to buy charts for my next adventures !
Enjin is a Scam, rerouting the discussion, you reply with marketing. Originally BTCT is a dev forum, don't come into the territory of developers.
These are from the original thread, the one closed. These posts are funny, but they are more to provide a better vision on the project.
