I can't really say if it's a scam or not but I will definitively stay away from it. Why?
Well, firstly I find it very suspicious that so many people here (often with a very low activity, new accounts) shill it so hard. I read it everywhere. Take any thread, you'll find Spectrecoin in it. Now you might say this is a good thing. Not for me, it only makes me personally very suspicious. I'm pretty sure that some people get paid to promote this coin. And even create new accounts for that.
2.: I don't buy any coins or tokens where I can't find the team on the website within seconds. And actually you find nothing about the team at all on the website.
3.: Another privacy coin? Really? Don't we already have thousands of them? Who will ever use them? No one I guess.
4.: It kind of reminds me of TRX, XRB, XRP and XVG. Which for me isn't a good thing. I think a lot of new people who don't have that much experience in crypto buy it.
Until now most of my investments were rock-solid and I won't change that. So if Spectrecoin flies to the moon, congrats to all the people on board. I'll gladly pass and watch it take off from earth then.
There is a reason behind it. Nobody gets paid as nobody has the budget to pay. The dev team took over the project has zero premined coins. They only get coins from donations from staking. No budget to pay marketing, so the community behind it is trying to raise awareness.
I checked you post, and you seem to be promoting your hodlings in every thread (- IOTA - Lisk- Neo- Sonm- Shift- Nebulas- Stratis- DragonChain) - by your logic, does this mean they are scam and you are paid to do it?
No. Those are in my opinion very solid projects with a future because of a possible real life adoption. Also those projects have great visions, great teams (or even foundations) and are very transparent/communicative. That's why I recommend them. I wouldn't give any advice if I thought people might lose money with it.
But if you suspect me of doing so, I'm fine with that. Everybody is free to have her or his own opinion.
As for the shilling: Of course there's money for that for Spectrecoin. Only thing you have to do is to sell some coins. And as you said, there are donations.
You don't even have to sell. Payment could as well be the coin itself.
But I surely encourage everyone to make up his own mind and decide then (based on facts). Because after all I could be completely wrong. I just depicted my own opinion.
@NeverSop: I never said it was a scam. Read again please. I said I just can't know it.