Re:Coffeezilla, a YouTuber Exposing Crypto Scams
by SkyMarshal on Saturday May 14, 2022 @11:15AM
(#31378761)
Do the creators and bag holders hijack every possible thread and discussion to shill their coin all over social media? Yes -> scam. No -> Maybe not a scam.
Re:Coffeezilla, a YouTuber Exposing Crypto Scams
by rvz on Saturday May 14, 2022 @11:09AM
(#31378694)
So essentially this [0] isn't totally a scam then?
Ever since many Bitcoin clones and source derived projects with no other changes other a renaming, re-branding, block-size and tweaks and also now especially with Ethereum-based tokens that have proliferated, so did the scams.
Nano seems to qualify as 'not a scam'.
[0] http://nano.org
Is it a token on top of another blockchain? Yes -> scam. No ->
Is it anything other than pure PoW? Yes -> scam. No ->
Does it have a ICO/premine/instamine? Yes -> scam. No ->
Do miners get less than 100% of block subsidy? Yes -> scam. No ->
Is the source code mostly cloned from another project? Yes -> scam. No ->
Is majority of supply emitted in first few years? Yes -> scammy. No ->
Do creators have any expected financial gain? Yes -> scammy. No -> Maybe not a scam.