Electroneum did have some of the biggest losses out of all the mainstream coins this week. I see it recovering a little, but it is going to take a bit for it to come back from the 50%+ losses over the last 7 days. Do I think it is a scam? Of course not. This is a legit project with a legit team and a legit product. I just don't think their launch had very good timing due to the market crash, but it isn't like they could have predicted this.
I agree with you. I also think there is a legitimate need to see the team deliver results. It takes time to do what they are trying to do, and I dont mind being patient. A long and steady delivery against expectations will build more confidence and long term reliability for the platform and the coin. I am happy to HODL while the team builds something solid.