Hello, I am trying to invest in one of these coins and XNT seems to be launched as a fair launch coin but I am trying to understand the story line and what coin is actually worth backing up. The XNT project doesnt seem to have a dedicated community apart from twitter shills. Please help me understand. Thanks
My impression is that some part of the Neptune Cash team had issues with the emission schedule and initiated a hard fork to implement an alternative “more marketable” strategy.
The only issue with the hard fork in my mind is that Neptune cash is far from complete and will continue to be built out. Succinctness has not been implemented yet etc… and I’m not sure if the XNT team has the motivation to chase the idea of functionally perfect internet money.
Fundamentals vs Pumpamentals if that makes sense.
would love to hear other opinions.
marshmallowrabbit One point to clarify it wasn’t the team that seceded. A bunch of kols who discovered the project initially, invested their own money, and their marketing ability, approached the founders with an ask; Change the emission schedule. The founders questioned whether changing the emission would allow the kols initial investment to be preserved. But realized that changing the emission would set a precedence that the team would change the project whenever people complained.
I agree that the main difference is “Fundamentals vs Pumpamentals”. Alan was answering some questions on telegram the other day. In one answer he passively mentioned that changes to the project will come in hard forks. This comment by the dev showed a major departure from the trajectory of the project since the fork. A selling point of the forkers is that since it was the same fundamental software, things could be ported back easily. If the project will transition in major steps, the two projects will quickly diverge. So as marshmallow wisely questioned, do the forkers have the skills to take the incomplete project and turn it into something or their own? That! is yet to be seen.
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The answer was spot on.
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