Quote from: Daverog5 on July 11, 2023, 06:58:44 PM

Quote from: Xal0lex on July 11, 2023, 06:49:52 PM

If this blockchain is not backed by some large capital, there is no point in this new blockchain, nor in new token standards. In the market, the advantage of projects is far from the cost of transaction fees. If that were crucial, blockchains like ETH or TRON would have been forgotten a long time ago because their fees are quite high. This is not the case because these blockchains hold a large layer of the crypto ecosystem. The new token standard itself is of no interest to anyone without proper embedding in the ecosystem. Even if it supports commissions worth $0.00000000001$.

My take on this through research is the ico bagged 40 million dollars in bitcoin and ethereum yes? Bitcoin at the time was worth 4500 dollars it then peaked at 60000 a coin now at 30000 so unless they cashed it all which I highly doubt they have a HUGE budget.....I tell you something is going to happen here I just feel it....

During this time, the project has no development. It looks more like the developers just collected this amount of investment and distributed it into their pockets rather than investing it in the development of the project and providing the token. How long do you need for the project to fully launch after the money has been raised? 5 years? Maybe 10 or 20 years? Those times were very wild and such projects appeared like mushrooms after rain. All of them were created just for raising money and personal enrichment.