Thank you for pointing out this project. It has definitely some merit. Wikipedia on the blockchain. What I would elaborate more on is the business model, how does the token increase in value? Right now the only planned source of income is advertisement on the site, which uses the token as a payment. Means, if you want to advertize you need to buy the token for the market price. Everyone else who receives token as a reward, including dev of the site, is interested to sell. Then there is a few people who buy the tokens to support the site, because they feel it's a project worth supporting.
However, overall buy and sell market, I don't see there is much more demand than sell pressure for this token, which leads to what we have now. More or less stable price. So, which indicators would make you believe the price can rise hugely over time? If there are some arguments that I missed I'm happy to put some in my portfolio. The project itself is definitely cool.
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This about sums up how I feel. There is great promise for a network like this. I don't see much need for a token other than to raise money. If you want to raise money - do it. Don't make up a token with little real utility.
Well it's just that there are many useless projects priced 10 times higher on coinmarketcap and they haven't aven delivered anything yet. Upcoming alhpa of Lunyr will push the price much higher.
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