Munich is launched on March 29, 2014. It went on exchanges within days, before its market cap had risen above the level of being a dead coin. The launcher is ‘radi324’ who, for a refreshing change of pace, does NOT have his email address hidden. The intent is to introduce cryptocurrency to the nation of Malta and to promote Maltese tourism. The developers are apparently actually IN Malta, which is another refreshing change of pace for people who introduce country coins. A 32% premise is reserved for the distribution. Radi324 claims that nearly all of this money will be distributed door-to-door to the Maltese people, with 1% being reserved for a promotional charity donation at a traditional event right after Christmas. Meanwhile, they’ve been actively promoting the coin in Malta, and there is evidence that they’re getting active coverage by local media and recruiting volunteers for their door-to-door paper wallet distribution. It is unfortunate that they went for exchanges so quickly before there was any market capitalization to distinguish them from the thousands of dead coins; I sincerely hope to be taking this off of the list in a bit over 90 days.
Is Muniti a Scam?
Disclaimer: Muniti Cryptocurrency | Muniti ICO
Muniti is a cryptocurrency project that issued Muniti tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Muniti a Scam ICO?
Data on whether Muniti conducted a scam ICO, a scam mining operation, or a scam masternode project is cited above from external sources and CoinCurb does not take responsibility for claims against Muniti or in support of Muniti. The data is only an aggregation of claims cited against Muniti.
The above claims about Muniti (ICO), Muniti’s token, or Muniti’s team are externally sourced. They may claim that:
– Muniti did an ICO and then exit scammed
– Muniti has an undedicated project development after the Muniti ICO
– Muniti token got pumped and dumped by the Muniti team
– Muniti is a dead project with a worthless Muniti token
However, external claims about Muniti project, Muniti token, Muniti team, or even Muniti advisors may not be supported by accusers of Muniti ecosystem and thus individuals seeking to learn more Muniti team or about the Muniti cryptocurrency are recommended to directly contact Muniti team members or Muniti token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Muniti is an exit scam or that Muniti is any other type of scam, nor does CoinCurb insinuate that Muniti (or Muniti token) team are scammers or that Muniti (or Muniti token) advisors are scammers. CoinCurb allows viewers to reference sources related to Muniti development, Muniti token trading, and/or Muniti team as an uncertain reference when deciding if Muniti is a scam or Muniti is not a scam.