AsiaCoin (AC)

• Main reasons for dead coin listing Scam or Other Issues
• started 2014, Ended 2018
• Social media ended 2019.
• Trading ticker (AC).
• 1.6 Billion coins total.
• Not available to trade on any exchanges.
• Was built on standalone blockchain.
• Website is down.
• The Founder/SEO is Francis Sim.

(thecoin asia) 2016 FAQ page

What is going on with AsiaCoin? What happened?

The original developer of AsiaCoin added lines of code to the source which allowed him to premine a block containing a significant number of coins. Some of these coins were then distributed to exchanges and sold to honest buyers and investors. This was discovered a few days ago by users of BitcoinTalk forums. When exchanges found out, most of them have suspended AsiaCoin trading altogether, leaving the future of the coin in doubt and jeopardy.

What is your plan?

We believe in AsiaCoin. We believe that this issue can be fixed, by voiding the premined coins and not allowing them to stake or be transferred. This ensures that only valid coins can be spent in the future.

What about the pre-mined coins already sold to people?

We could have invalidated them, but we believe it will only harm the honest people who bought the coins (or the people only sent their valid coins to exchanges to see them replaced with pre-mined coins when they withdrew). The original developer had already made his fortune from these dumped coins, and there is no reason to invalidate them now.

AsiaCoin was founded in 2014, it is not trading on any exchanges. AsiaCoin was added to the dead coins list due to Scam or Other Issues. Founder/CEO is Francis Sim.