The fact that it’s described as an unofficial fork with absolutely zero ties to the original Litecoin development community says it all really. It is nothing but a cash grab by a group of devs who are leeching off the brand name that Litecoin already has within the crypto community.
As Charlie Lee says, it is nothing but a scam. I have zero interest in getting involved by giving private keys to these clowns.
In my opinion the recent price rise that we’ve seen in Litecoin has nothing to do with the fork and everything to do with the fact that they’re solving real world business problems through Litepay, upcoming partnerships and simply because their transaction speeds shit all over BTC.