How will be the money, collected during the ICO be spent?
Lambo, heli, bitches..
Personally I find this IMO interesting, but the whole setup pretty bad. Code zipped somewhere, nonworking pool, very bad communication with community - potential is lost. I don't see anything "lite" about this, except the approach of coin creators.
Wish there would be professional xmr like coin less resource hungry and more user friendly.
Next one plz.
Dev has a choice:
1) He can work hard to make a serious competitor to Monero. This means (a) transparency: give the full list of accounts who signed up for the early-mining, with a full record of what they paid and how it will be spend, (b) engage the community seriously with more updates and ways to connect with dev and each other, and (c) give a serious try to coding out the problems and pool issues. Make this coin to Monero what Litecoin became to Bitcoin. Immortalize a place the history of cryptocurrencies, when they write in a hundred years about the legends that were born on this forum.
2) Take the few thousand dollars and run away, spend it on booze, wake up a few months from now just as poor and just as unfulfilled, and work on the next scam.
I think dev has shown potential for #1, but he needs to do a lot more to be transparent.
