Post
Topic
Board Tokens (Altcoins)
Re: [ANN] ESSENTIA - The Decentralised User Becomes a Reality
by
Vanmandan
on 02/01/2019, 11:54:16 UTC
What happen to this project? It has a decent volume but the price has been dump big time.
Started at 844 sats https://coinmarketcap.com/currencies/essentia/#charts and now trading at 40 sats, that's a big time loss.
Do you think this token can still recover in the long run?
Trying to add some tokens which are cheap now, I might include this one if I can find a better info about its chances.
If you look more carefully, there is no information how much marketcap nor circulating supply from CMC. From the chart also you can see if the price always keept lower and lower than before which mean this token is nearly dead (no offense).

I think its worthwhile waiting for the mainnet release before pronouncing the token dead or even nearly dead. As the mainnet is released and token utility is added, the usefulness of the token should be realized. Marketcap is one metric but in bear market conditions, consolidated with FUD, the current token price is not the only way to consider the value the token.  

Ok, are you sure? When mainnet launch you say? Q4 2018, ohh, now it's Q1 2019, and on the last day it'll be Q2 2019?
Is mainnet going to launch like CMC updated (team's hiding something by not updating CMC)? How can we trust the team, that violates a roadmap and own promises? How can we trust a team, that doesn't care about investors? What kind of scam is this?

The team have already delivered on a number of releases
Get Essentia here:
For Android: https://play.google.com/store/apps/details?id=one.essentia.app
For iOS: https://itunes.apple.com/ua/app/essentia/id1438535734?mt=8
For Desktop: https://essentia.one/

The delay to the mainnet is to allow further testing to ensure the community and their tokens are secure and safe! As for the CMC issue, well, this has been addressed multiple times on this page alone if you look about.