Have to disagree when you say the risk is low.
Blockchain technology it self is in experimental phase. Bitcoin exists for some years now and it is still finding its path.
IOTA guys arrived and decided to do a completely new thing, so they can be "better". So this is even more experimental. Risk is very high.
Have you seen their official desktop wallet? Until today I still cannot see my tokens there (although the explorer shows me they are indeed there). Hope I will be able to transfer them out.
And of course, the whole seed generator crisis... Yes, the users were naive by using an online generator, but come on... How come they don't have a seed generator integrated?
Also, you saw how they reacted to this issue? They pointed the finger to the users. Zero support. Community treated as garbage. Shameless.
These guys sound like those geniuses that are very intelligent and have incredible ideas, but at the end they fail because they cannot interact with the society.
Without the community, a project is zero and they don't care about the community. You can feel this in any interview they gave.
ts not blockchain i thinkI
I know it's not Blockchain. What I mean is that it is a technology even more experimental than Blockchain.
I believe at this moment these partnerships don't mean nothing special, as the technology is far from being used in real life. Maybe they are doing some testing to see if it works. If the tests fail or another better alternative comes, I'm sure the partnership is dropped.
Don't get me wrong, I have invested in IOTA and at the beginning it was because of all the reasons you mentioned, but since then I feel disappointed, specially with the team. You can even be cold and say that they don't give a shit about the average Joe because their main clients are Business Partners but... I still believe that is not the correct approach, the average Joe at the end of the day will be the end user.
The Internet of Things is the future, not necessarily IOTA, there are already many alternatives, specially in Asia. Let's see what the future brings.
I am a believer in IOTA. But it won't start working properly until it builds a community and gains some trust. And I agree they are not working hard right now to use headstart with "blockless blockchain" (they need to get a new term for this). Their activity from GitHub is weak, and that is why new projects like nano get a lot of space.
Tangles scalability beats blockchain in every aspect.
Most interesting for me is the futuristic thinking and implementing in autonomous vehicles, smart houses, etc.
I haven't checked it up, but the code repository and coding activity is something I tend to look at, either if it's to choose or recommend some piece of software or investing in crypto currencies. Like, Bitconnect - well, it would suffice to check their web site to see that it was a scam, but I didn't do that, I went right to the code repository and it was clearly signalling "stay away" :-)
Weak coding activity is a very strong alarm signal. Maybe the original developers have lost faith in the project. Maybe the original developers - now probably quite rich developers - care more about enjoying their new wealth than coding. Maybe the whole thing was just a scam to earn money.
I've seen many warning signals when it comes to IOTA - I can't say I've followed up and verified all the warning signals, it may very well be that it's all constructed FUD from people that for different reasons don't want anyone to believe in IOTA ... but, I'm wary, I don't have much faith in the project, and I hold no IOTA (though I lended some money to a friend investing in IOTA while it was hot - I think he did manage to earn quite much on it).
I feel they don't understand the concept of community and they don't want to understand. Their direct client is Enterprises, but they forget the end users are us.
To be honest, the futuristic thinking was already done before IOTA existed, probably even before any crypto related tech.
IOTA is a strange one team is good but there wallet its a bit turn off. but the technology is a good start am on the fence atm
Admittedly IOTA is a work in progress. The current official GUI wallet is not very user friendly to use. However the trinity wallet that will be coming out soon will really make IOTA much nicer to use, and alleviate a lot of complaints.
good that's the only reason I do not own more IOTA but if there's a better wallet I'll probably buy more