What makes you think it can achieve 10k sat?
Real product, has own blockchain and has own exchange (xstar.io) like Binance, and especially Lomo is big in China
The only thing held it so long is China gov, but once China open trading for all then everything will explode (which is very possible because they accumulated when they announce banned trading websites and made a huge impact to crypto world)is there any news come from chinese gov about crypto trading will be open again in china ?
because if not this will be a very long journey for this lomo
Siriusproject had an interview with the CEO.
Q: What is LMCs primary and secondary market?
A: In recent years, digital currencies have enjoyed rapid growth in all countries around the world. We are in particular optimistic about Japan and South Korea, North America, Europe, Southeast Asia and others.
Q: When can we expect China to be upgraded to 2.0 and how do you feel it will affect the app?
A: The OTC platforms operating in this business are currently adopting the legal structure of overseas companies. We are also building this new legal framework, but this will take some time. Our compliance team and lawyers are communicating with the regulatory authorities. We expect to upgrade to 2.0 in China in February 2018. This will probably be a simplified version compared to the overseas version.
Link to Q&A:
https://medium.com/@SiriusLMC/q-a-with-xiong-lijian-ceo-of-lomostar-7fa141e084b3