The developers are AWOL. They have not been active or delivered anything in ages. In fact, the only deliverable since April when the "new" development team took over was to finish compiling the mac wallet. All other deadlines have been missed. All attempts to communicate with the team on their Discord channel fails.
The developers hold 25% of circulating ArcticCoin so you would think they would be motivated! However, much of those coins were "free" as they are coins that were not burnt after the algo swap was completed (20M coins mined to enable swap; unknown number remained after swap but estimated between 5 to 12M).
Be very careful before investing in ArcticCoin. Do you own homework. Masternodes earn around 0.4ARC per day, or around $0.02. Price on a downtrend for some time.
Positives: great wallet. masternodes pretty stable.
C.
Yes, and this is the point. "masternodes pretty stable"
For $60, you can learn how to configure a Linux server, how to install and compile from source (if wanted), how to set up a masternode and how to maintain it. Guides and videos available to help in every step... - This is the point of ARC.
And who knows, if a new team take over and airdrop the forked coin to the current holder (like Helium or Zen), we might profit from it as well. Otherwise if the coin die completely (unlikely as we can sell anytime in Cryptopia) the maximum to lose is $60.
