Hello,
This is my first post here on Steemit. My name is Charles and I am a Cryptocurrency Enthusiast, Miner, and Gamer.
Today I would like to speak with you about something that looks to fall into both of my passions.
Rush Coin, is a cloud based mining coin with a web-based browser game attached to it.
The Good:
The gaming element might have a reasonable amount of entertainment value.
Decent idea for making a more interactive mining experience.
Rush coin seems fairly responsive, at least during their ICO phase.
Rush coin looks to be on the Ethereum blockchain, which in my eyes is a plus.
The Bad:
10 people own more the 30% of all rush coins already, so your Rush Coin value will be at the mercy of these whales.
Development team is not experienced in cryptocurrency or games... looking into the Tractorsetgo (the game producers) webpage they have no information, basically a blank website.
Horrible Pre-ICO the 10 whales mentioned earlier not only own 30% of the market but have exclusive perks such as golden cards giving them huge advantages such as permanent hashrate. So not only will these 10 people dictate the price of RUSH coin but they will also dominated the game with strength that no one else can not obtain.
Thoughts:
I personally am not going to get into this one, as a coin it seems too risky with so much sold exclusively to a few whales at a rate that would allow them to make decent money all the way down to 25% under what a normal person like me would pay.
As a game, I am also against the whole gold card thing, RNG gold cards... fine, buy loot boxes for a chance at items.. fine, Pay a large lump sum of money to be better then everyone else... not fine. The gamer in me just can't accept this, gamers coin the phrase "pay to win" to show our distaste for this kind of money grab..
Closing:
The last thing I would like to say is on the best of luck to all of you that chooses to get in on this ICO and I wish the best of luck to RushCoin, I very much hope that your business model and game prove my views wrong.