My logic says it's too expensive just an application worth 50 million euros!
How can you compete with others?
Try to pay attention every week there are always several new applications on the tron, ethereum, eos platform which are of course free and can be used immediately. Their tokens are 50% free and can be directly traded on their dex.
How can you compete with them if your innovation is just an application which in my opinion is mediocre?
We need the team to answer this, but if you don't believe in their product, better stay away with it.
At the current value, it also makes a lot of investors loss their money and maybe their dumping already to look for better alternative.
Unfortunately, not all investors look on the use case, they tend to get hype and just read the whitepaper and not comparing with the existing products in the market.