Quote from: pedrog on January 09, 2018, 05:26:57 PM

Quote from: Chrizz on January 09, 2018, 05:08:51 PM

Quote from: pedrog on January 09, 2018, 04:56:14 PM

They got more than $20 million from investors, current market cap is $200 million, that's a lot for a pretty much useless ethereum token from a company without a functioning product.

Does this really fit the 'hidden gem' project?

Perhaps 'overhyped vaporware startup' is more suitable. Cheesy

Not that many projects that have a way higher market cap have a working product yet. This project looks quite promising and if they deliver within the dates in their roadmap i think this project will explode.

Lots of 'overhyped vaporware startups' out there. Cheesy

Even if they get successful, I'm really skeptical about real demand for their token, it is not necessary for their business to operate or for users to use it.

Only purpose is to raise money from investors.

Its true that you don't need the tokens to use the platform, but they can be used to purchase things on the platform and if they are successful i'm entirely sure that the tokens will rise in price anyway.