Given the situation in the market, I have some doubts about investing in such young projects as Soverain. Do such projects have a future? 
Almost everything has a future, the question is whether the future is an outcome that is pleasing or acceptable to you!
I personally, have invested in SOVE because I think the future is acceptable to me. Yes there are risks! But to me the rewards outweigh the risks.
I think this project has started well and even though very early, there are encouraging signs to me.
1. Team is active.
2. Community is growing.
3. Price is stable or growing.
4. Team is beginning to deliver on roadmap already
All positive signals to me but DYOR and draw your own conclusions!