I have few questions for GRAFT TEAM since here they can't delete posts and ban people for asking questions - like they do on reddit page:
1) why isnt there official announcement about team planing to give ICO buyers huge airdrop, if price stays as low as now? There are rumors ICO buyers got email that team will give them 6x airdrop since price is now 6x lower than in presale. Shouldnt investors know that market will be flooded with hundreds of millions of coins?
2) when is that airdrop going to happen?
3) what was number of coins sold during ICO and where will airdrop bonus come from? If there was like 100 millions coins sold during ICO, where will 600 million coins airdrop come from?
4) was network under some kind of attack? During last cca 10 days there was about 10 million coins mined. I dont think thats normal for 4 cents coin.
5) why arent there any possible dates about updates, there is absolutely zero knowledge about future of this project, not a single update on pages like coinmarketcal or tothemoon, no idea when will ANYTHING be ready or launched, absolutely nothing about exchanges. Do you think thats normal behaviour toward investors or potential investors?
6) doesnt SEC worry you since this is exact bullsh*t with your airdrop, that they want to stop in crypto?
7) why was my questions deleted from reddit page and I got banned for asking those questions?
1)2)3) there was no announcement about the airdrop because it is very unlikely to happen, and the effect on circulating supply is expected to be minimal if it does happen. The airdrop will occur in December if the exchange price has not reached the ICO price at any time before then. The airdrop amount will only be enough to make up the difference between the ICO price and the exchange price in December. If the airdrop is necessary, it will consist of unsold ICO coins. There were only about 22,000,000 coins sold in the ICO. The price of GRFT is expected to reach the ICO price by December or at least be close enough to make this a non-issue. There are significant milestones and new exchange listings coming before then.
4) current emission is over 1 million per day. That’s normal. You can look at the emission curve on the front page of this thread.
5) there are updates every time that there is something to update. Supernode release and Cryptopia exchange listing were recently added to coinmarketcal by a community member. That’s how that works. If you want updates shared on 3rd party websites then you have to add them. Those types of websites rely on community submissions. The GRAFT team is not responsible for adding updates to everyone’s favorite websites. The team posts official updates on the blog, Twitter, Telegram, Reddit, and here. If you don’t see the updates then you aren’t looking for them. You can also subscribe to the mailing list on the website so you’ll receive an email every time an update is posted to the blog.
6) GRFT is not a security. The GRAFT project does not have investors or shareholders. You’ve never been led to believe otherwise.
7) you didn’t post “questions” on Reddit. You basically just threw a rage-quit temper tantrum and shared a lot of fud on the way out. I then reviewed all of your posts and comments on r/graft and saw that every single one of them was derogatory. This raises questions about the real motive for your posts. In any case, hostility, fud, and any toxic behavior that could be detrimental to the GRAFT project are not welcome in the GRAFT community.
Questions are fine, tirades are not.
I think a lot of people underestimate the power of an airdrop and what kind of effect it can have on market conditions - I really hope there is no airdrop for graft project