CRYPTO OR CORRUPTION: You Decide!
TEAM MCAFEE | Aug 27, 2018Kucoin Exchange vs. Apollo Currency
The Story: KuCoin announced a contest using their voting system that granted the winning token a listing on the KuCoin Exchange. The clear winner was announced, Apollo Currency, but the prize was not forthcoming. KuCoin later posted a new set of results, claiming that the 3rd place winner was actually the winner. That token then received the listing on KuCoin rather than the clear winner: Apollo Currency. Regardless of the merits of the listed coin, Apollo Currency was the clear majority winner.
Competition Started: July 12th
Competition Ended: July 15th
Number of know competitors: 50 different tokens competed
1st Place: Apollo Social Media Followers: 571,000
3rd Place: Locktrip Social Media Followers: 136,869
TEAM MCAFEE CEO WEIGHS INVoting is the foundation of the political system in most countries. The majority vote is incredibly powerful when done systematically. Incorporating checks and balances minimizes fraudulent behavior. It seems that our current situation is ripe with unethical treatment, vicious attacks and corruption. Often, what appears to be authentic and trustworthy on the surface is a total scam. The illusion of authenticity deflects accusations; especially when exchanges have been reported to list shitcoins after receiving millions of dollars; two Lambos in one case!
We allow this behavior, while legitimate proven applications wander the desert. Frustrated voices fall on deaf ears and high audit scores are met with blind eyes. In the case of KuCoin, Apollo Currency won fair and square! They were voted first place out of fifty tokens! The difference between first and third in this competition was thousands of votes! KuCoin boldly stated the winner was guaranteed to be listed with $30,000 dollars in marketing.
But the trusted, foundational method of voting to reach the majority decision was just a magic act. The puppet master danced fifty tokens for the crowd but chose his favorite one before the act. We are still auditing the third place token that was listed instead of the winner, but they appear to be a very good coin. The premeditated hoax of deceiving another human with something so sacred as voting is the embodiment of a predator seeking out the innocent without remorse. The cancer of corruption suffocates all that is good. As long as we refuse to accept the diagnosis of corruption, we will never stop the growing epidemic. There are good exchanges out there, and we aim to find them! We will focus on the bad thus forcing the good to rise naturally. If bad turns good, and wrong becomes right, then we will reciprocate the same dedication and energy! Likewise, we will search for the very best of many categories thus allowing an opportunity to join our good cause or get out!
Although greed will survive as long as our human race exists I pray redemption follows every story: Crypto or Corruption? You Decide!
CEO | TEAM MCAFEE
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