Hello cryptogear,
How do we move forward from here? What's next for OMG?
Thanks,
The most important step right now would be people to start moving out some coins from the exchange wallet, and start staking because 99% of the supply is still on YoBit and that's not really healthy for the network and the blocktime. The next steps will be getting some feedbacks on the actual games and probably improving them, also expanding the game portfolio based on those feedbacks.
Good explanations dev but there are some unsatisfying issues about your project during the ico that lasted for 1 minute, i am not in doubt that people have lost interest in your project since your coin now traded at 55 sats at yobit exchange with more than 85% possibility of going down more.
What makes you think people shall be willing to invest their time and resources into this project ?
The 1 minute selloff wasn't something that we would have wanted but that's how it happened. Unfortunately that was something that is out of our control, so now we have to wait until pump and dumpers finish their games, and those driven by the greed at the moment of the ICO are selling off their chunks and only then can we expect some organic growth.
We must agree that spectacular growths after the ICO are not driven by any other factors but speculative bursts, but those are not happening if individuals are buying the majority of the supply and waiting for the minority to pump for them.
To answer the second part of your question POS is not a resource or time eating task with just a few people the network will be healthy enough to process the games and give the kickstart for the organic growth