In times when most of the digital currency projects grow up to be nothing but farce, new investors find themselves doubting even the ones that promises some potential. Over the years, Bitcoin has inspired many developers to experiment with its open source code to execute something really innovative. But, in reality, only a few have managed to really bring out technologies that can improve upon Bitcoin.
This is the only reason why a new cryptocurrency like NeuCoin will be faced with doubts initially. But if one sees beyond its “altcoin” tag, he/she can see a hoard of talent working towards bettering this innovative take on Bitcoin.
Before its launch, the NeuCoin has managed to attract cryptocurrency veterans like Bitcoin Foundation chairman Brock Pierce to be strategic advisors to the project (during pre-launch, Jackson Palmer, the Dogecoin’s creator, was also a strategic advisor). What’s further attractive about NeuCoin is the team that has been associated with the developments of some of the highest visited projects.
Moreover, the digital currency project is also backed by investors like a co-founder of King, the company who created Candy Crush Saga, Rob Goldman (Head of Growth at Facebook), Emil Michael (Uber’s senior vice president of business), and many other key professionals.
Till date, Neucoin had raised around $1 million from several dozen of such veterans, of $2.25 million in total investments, proving its mettle in an often slow altcoin industry. It is one of the many reasons why someone would likely to put his stake in a project which is backed by some of the leading A-grade veterans of Bitcoin industry.
To know more about this new altcoin project, visit here or read this article.
Wow, what a shit article
This paid article is a disgrace, Neucoin IS a farce.
There are several good reasons why Neucoin is faced with doubts, the author just failed to mention them:
1. Trustable?! Founder of Neucoin (Daniel Kaufman) and top investor (Josh Abrams) have a shady spyware background. Their previous company Direct Revenue has illegally infected millions of computers and was sued twice, by the Federal Trade Commission and New York State. Bloomberg, ZDnet, NBC and others all have articles online about this fiasco.
This fact alone should be a major red-flag for any computer user. What trust would the public have in people with such a deplorable track record?
2. Neucoin is a centralized premine coin with 99.9% concentrated on the hands of founder, angel investors and team members. So called foundations are controlled by the team. Only 0.1% was sold to pre-sale buyers, the worst distribution of any altcoin out there.
Even only 0.1% sold to pre-sale buyers is already being dumped as buyers are loosing faith in the coin’s future.
3. NO tech innovation, simply a fork (rebrand) of Peercoin. Everything Neucoin can do, Bitcoin, Litecoin, Dogecoin and hundreds of other alts out there already do better and with much less hype.
4. Extensive, exclusive use of offshore tax havens, including anonymous company in Seychelles for pre-sale. Zero accountability, obvious tax evasion.
5. 100 billion coins and counting. When compared to the most successful coin with similar supply, Dogecoin, it is evident the price will keep steadily dropping. After a big chunk of the coins are released into the wild, it will be worth much less than Doge.
Dogecoin is decentralized, has a big passionate community, clean history and merchant adoption to some degree.
Neucoin has none of those, only a track record of big empty promises which just resulted in disappointment.
All facts above can be easily verified online.
The coin has no traction whatsoever within the crypto community, pretty much everyone who looked into it gave negative feedback and laughed it off. Even some previous mods and presale buyers have turned their backs after all the dodgy behavior, just read the forums. Neucoin relies on heavy spamming and paid publicity like this.
Ask yourself, why has none of the big names publicly spoken in support Neucoin, like major investors do when they truly believe in a project? So many names, yet only a total of $1M, most of which came from the aforementioned Josh Abrams. Do the big names really believe in Neucoin or is it just one more investment amongst hundreds, as happens in all diversified investment portfolios?
Sounds like someone was given some Neucoin to write this article.
NeuCoin is an interesting invention. Let’s see how they do in crypto-world.
Especially, this December they are launching Big Projects…..