There is the word USELESS in the name of the token and yet people still bought it!!
Maybe they thought about it like a real world object! With time, it will become something rare and people would be willing to buy it for a high price!
They should know that whatever can be created once on the web, can be replicated infinitely. Not much additional resources are required, except power and storage space.
The funny thing is, since I wrote this, it has gone up about 8 x in value . . wish I bought some! :-D
Cryptogee
It is an ICO. Gauging its value is difficult. It all depends on how well they are developing the end product and the usage for it...
As he clearly states in the ICO, he will not be developing it and there is no use for it, hence the name Useless.
Cryptogee
Maybe they are not developing them in the immediate future. But we never know tomorrow.. Just when everyone has forgotten about it, they develop a project around it and boom token price up!