Hello Sir.
I have started cryptocurrency investing for more than three months now and checking out the forums here and there including this one (for over a month). After a careful decision, I have decided to include this as my privacy coin as part of my diversification portfolio.
I was just surprised that the community is large for a low marketcap of $5m. There are 1642 members on Telegram and Discord has hundreds.
The reason for the 100-day PoW is to prevent ASICs from monopolizing the mining/distribution of the coin prior to becoming PoS. The main intention is to have this as a distributed coin as possible. If a coin goes PoS immediately, whales can swoop it up like in many ICOs. If the coin is PoW but is of a longer time, whales can swoop as well through buying/using ASICs. The intention is that hobbyist miners can have a piece of the action. Whales may still be possible but they will be lesser in number and scope.
As for the use cases for the coin, the devs have also created a running Signatum Store (in Beta). You can check it out here at
http://signatum.store. In the long run, more people will use this store for their own purposes.
As Charles Hoskinson of ETH/ETC said, "The value of a coin comes from its community, not the technology." I have to agree. Bitcoin itself has lots of things to work on and does not have the best technology, but it is the one most used by the global community and its market value does reflect it.
I appreciate and the warning to the Bitcointalk community regarding SIGT is definitely noted.
Nonetheless, I have decided that this is my privacy coin of choice based on the risk-reward tradeoff that I am willing to take. If the price tanks and I lose all my money here, no problem.
To any other newbies out there, please note that you have to invest in several coins and not put majority or all in one coin including SIGT. I am willing to lose my thousands of Dollars here if necessary. Note that this is not financial advice and I am not your financial advisor.
Thank you very much.