What happened:: Masternode Fund (MNF) Coin with their cheaply built website and whitepaper said two different statements claiming to be both a Stellar-based token as well as an Ethereum-based token.
Scammers Profile Link: MNFcoinReference Link: ANN Thread [
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Website [
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Whitepaper [
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Additional Notes: Note # 1 : On their website MNF coin has claimed to be a Stellar token but on their whitepaper they have stated that they are a Ethereum token.
Website
Whitepaper
Even though their lame whitepaper is just a one pager without really any new content and was just directly taken from their coin's description on their website they still made a mistake on making it a Ethereum token, surely the whitepaper was rushed to commit a bad mistake like this. This Stellar based token if not a scam is a pump and dump coin to say the least.
Note # 2 : No Team
With a bold project on creating Masternodes for other cryptocurrency projects out there they have not mention of any names part of their team covering their own project. A project like this one to be even trusted by other projects should show who will be managing and creating their token's masternode, but you won't have it with MNF. Their website really contains no information whatsoever and just like their whitepaper all of their info is fitted into that one page they have, clicking the tabs they have will just redirect you to that section found in that one page.
Note # 3 : Surely a pump and dump/ exit coin
Prices started at .03 XLM = 1 MNF coin for its pre-sale price but with just 24 hours of its existence the price go down to just .01 XLM = 1 MNF (.01 XLM is just 9 satoshis) or 60% of its pre-sale value. No more trade activity can be seen after that big drop.
