Smartcash is a scam
To make a quick summary of the story you must first see this in the following order of events:
https://steemit.com/smartcash/@decentralizd/the-only-video-about-smartcash-you-ll-ever-need-to-watch
https://steemit.com/smartcash/@thewalker/el-porque-dejo-de-apoyar-a-smartcash
https://steemit.com/smartcash/@msg768/smartcash-splitfork-coming-to-give-power-back-to-the-community
https://steemit.com/spanish/@thewalker/una-bifurcacion-especial-para-smartcash
I will make a series of post about the topics that I will put below and others more about the DAO and the evolution of Smartcash
Good if you read the previous posts you will know that there are problems in the project called smartcash and the community of developers and community in general has decided to abandon the project due to
- centralization by some developers
- bad management of fund management (not descentralized)
- NO transparency in people hired by finger by those who rule in the old discord
- unscrupulous and no-moral people who call themselves octoleaks, juicyg, slpin among others, who only watch over their interests and leave the community of last and sink the project.
therefore several people took the initiative to create a new project from the previous one so that the project can be put back into the hands of those who matter THE COMMUNITY THAT USES THE CURRENCY AND WHO PROMOTES IT IN EACH COUNTRY
Because people can not work for free and promote something that is not decentralized and play their name and get more people just to grow a SHITCOIN SCAM.
The developers and projects that are in blockchain must comply with its rules and precepts and one of its basic principles is DECENTRALIZATION.
But with a team that removes from the forum and the discord those who ask and criticize and demand solutions and answers can not move forward and those from the community who do not surrender at their feet are called TROLLS.
There is also the fact of a ghost exchange in venezuela that was used as Scam to enter the pyramid team and pay homage to their masters for a person who calls himself octoleaks which receives a salary from the community budget and does not render accounts of They also took hundreds of thousands of dollars for a somewhat confusing proposal that leaves much to be desired knowing the real prices of Venezuela at that time:
https://vote.smartcash.cc/Proposal/Details/Venezuela-Food-Marketing-Campaign
therefore the transparency of the use of the community funds is a fact that is not going to be seen in current smartcash and they do not have the intention of rendering accounts nor do they care about the opinion of the community, anyone can ask how much they earn and give account surrenders and they will not be welcome.
Anyway. two developers mentioned above, their post above had the idea of doing a "splitfork" to make a copy of the project and restart it by burning the immense voting power of the "founding whales" and to start from scratch doing everything from day 1 with proposals and votes of the new network
this is just one more step in the evolution of the DAO, because we see cases such as in DASH where in Venezuela there are a lot of communities created by a centralizing entity that requests budgets of tens of thousands of dollars for conferences of less than 400 people and that Actually, because of the price and situation of the country, they cost much less, but we will talk about all of this in a book about DAOs later on.
For now September 29, 2018 the process for a new protocol and community is in process and you can be part of it if you are already in the smartcash community or if you are recently entering.
enter the Discord:
https://discord.gg/HmkpnVT we have a channel in Spanish and the others in English
Telegram:
https://t.me/smartcashfork channel in Spanish on the split fork and the formation of the new community
