I think they probably need to get a social media manager to really take over their social channels, the team seems to be mostly developers and not so much marketers, and if they want to really get adoption they are going to up their social and general marketing power a lot over the next year or 2
Yeah its a shame they do not share more about their project on a regular basis! Reddit and Twitter are quintessential to a successful crypto project! COVA team please post more on social media, even on slow days show some pictures of what youre working on or post some infographics.
We are probably in the phase where the team is very busy with the project and can't always take care to keep the community up to date. Personally, I don't need an update every day now, I expect a lot from Cova and just wait for them to start.
Well, maybe I am expecting too much. I noticed today they posted some information on Reddit/Twitter about the buy-back program. I feel like they should have announced this earlier, the buy-back started this week and it will continue for the next 5 days, 50m tokens will be purchased by COVA team in phase 1 and sent to the COVA ecosystem fund. I feel like if they had released this news a bit earlier crypto investors might have started buying tokens in preparation for planned buy-back and the price would have been even higher than it is now. It's still good to see the positive reaction and + 17% is still a great return for today, but it leaves you thinking what could have been if they had put some more planning into it and released announcement earlier...
After there will be two more phases of the buy-back program, and the price for a token has almost fallen back to its initial value, I will probably buy tokens in the next few days and wait for the start of the second phase.
Then I won't miss the price jump again, like this time
I think ETH/BTC will tank in the next couple of weeks, so I'm going to wait for the markets to pull back a little bit further before purchasing some tokens. I agree though I think after the third phase ends we will see COVA climb considerably in value.