I even bought in for some
Still project looks very controvertial. For last monthns very few new information - still the project is indeed backed by guys from real working IT (ok chat app is not blasting, but it got 30 mln + customers as i understand).
But i got several questions - from investor/trader side:
what is total supply ? cause coinmarketcap says it is 35 028 506 EVR now, with total cap of 1 000 000 000. But I couldnt find info about inflation. Cap is 30 x - but that means for the same price of whole project you will miss 97% of your initial investment:
guessing total rpoject price now 11 mln.$ it fits .30 $ per token if we accound 35 mln tokens -> but price would be 0.001 $ if the whole supply goes to market ? still of ethplorer sees all 1.000.000.000 tokens some of them even ditributed to hot-wallets.
Whay would happen to these unused tokens - towards investors it is interesting to burn them. Still project team could profit from gradual sale of tokens - just to raise up money.