Once major concern that I have, is that we're a year behind on the coin swap. I remember last year about this same time, discussing this. Also, wasn't the bug bounty supposed to take place last year, or is this another one? 

If the wallet doesn't work, and the software still has bugs, those are fixable, but overpromising, regardless of the bear market is harmful.

Right now, the team is hinting at a Binance listing. If this doesn't happen, again, it will do more harm than good.  Also, since a large part of Binance's revenue is coming from the U.S., and they are ending that in September, KuCoin may reap the benefits, setting up Credits to be seen by more people in the West. Hopefully, KuCoin won't follow Binance and try to deny access to the U.S. customer base. Since the Trump administration is still in place for the next 1.5 years, I think we're unlikely to see draconian regulations and actions by the U.S. regulators. They like the Wild West-East, Central, you name it.

Also, this idea that Binance will replace their current U.S. base on some new platform that they will create, just for U.S. customers, is nonsense.  They will likely be restricted to the same coins that Coinbase has, or close to that, and that's not what U.S. customers of Binance are there for. So KuCoin is probably going to rise in standing, unless, as I said, they follow Binance's lead.

One final thought is what happens if, indeed, you have the coin swap, and you can only sell on non-regulated, non-ethereum based exchanges, like KuCoin?  Those could be few and far between, going forward, which means less exposure. That does concern me, unless I'm missing something. You won't have access to the ERC20 based exchanges, and that's about all you might have, if KuCoin were to follow Binance.

Tell me if I'm missing something with my arguments, here.