eCreditCoin

In recent months, a new coin called eCreditCoin (ECR) popped up. From what I understand, it is a WAVES token and is meant to compete against JSECoin. ECR is a coin aimed at monetizing websites via banners that pay with crypto, as well as allowing site owners to promote their stuff.

This post, however, revolves about some pseudo drama that has been taking place around ECR. Some users on both BitcoinTalk and the WAVES community have been claiming it to be a scam due to its fairly poor launching and less than stellar ICO. Word is that initially there were two developers, Alfred and Jeffrey (I think), and the project was coming along OK up until launch day, which is when both devs had an argument and went their own separate ways. Alfred kept developing eCreditCoin alone, causing the launch to be rocky and thus having the cryptosphere brand the project a scam. However I have been following this project closely and thus far, everything that was promised has been delivered.

The project launched with promises to monetize websites, to provide proof of stake rewards, to perform zero fee transfers. They even mentioned the development a blog platform that rewards content creators. So far, all of these things have been accomplished.

So, is eCreditCoin a scam? No, it is not. The coin does not have the greatest market volume, granted, but it is still not a scam.

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