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RE: What do you guys think about ShiftNRG?

in #cryptocurrency7 years ago (edited)

I heard they claimed that someone hacked one of their account and got 1 million SHIFT coins so now they will raise the circulating supply by 3 million coins. On top of that they want to have a 10% inflation to cover their salary. With anonymous devs using first name and handles, it smells like a big money grab project to me. Staying away from it.

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I just went through their blog and subreddit, it looks like the plan to raise the supply has been retracted after the negative feedback from the community. The hacking part makes me more bullish since every coin that has had a security disaster has blown up like bitcoin or ethereum.