So much fund here, Lol. It's the same with every project. Fuds kicks in when there's a slight dip in price. So I'm not very surprised to see the same happening here. Propy isn't another quick flip. This is a long term hodl for me.
Except I said this when they were announcing the ICO without a White Paper.. then they put out an 8 page useless piece of shit... nothing has changed.. you can hold as long as you want... this project nor it's "paid to look good during the ICO only" team members never had an intention of doing anything with this project. The main team members have left the U.S. and will not be returning. You can't even wipe your ass with those tokens.
White paper is just theory, garbage in, garbage out, don't place too much trust on it, you can pay someone on fiverr to write a whitepaper for $100. What I value is based on execution is what matters. Propy have 5 developers for a small company like this, speed of change is critical to survival. Business changes drastically, what they are doing now versus what they will be doing 3 years from now would be drastically different.
And what's wrong with buying a real estate in Ukraine? Cash flow is cash flow, doesn't matter what country it is from. In developing country is where fast fortunes are made. In 1992 my family had a choice, of either investing 1 million dollars into real estate in California, or 1 million in China (average income there was about $200 monthly). Our family is worth 6 million today, due to high tax, shitloads of government regulations, even changing a toilet I need a permit, piece of shit city government here. If we had invested in China, same amount of money would be been worth at least 60 million dollars. Ukraine isn't as bad as people make it out to be, average income is like $200 monthly with highly educated population, I don't want to live in Ukraine, but I seriously think it has a lot more potential for appreciation than any real estate projects here in California. Propy would enable me to do that, invest into real estate market and owning a portfolio of rentals without ever visiting the country.