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RE: XYO investment, time killer, or waste of effort?

in #xyo6 years ago

I recently bought my first sentinel from the sale they are doing right now (1 sentinel for $7.95; https://coin.xyo.network/free-sentinel).

I'm not sure exactly how I feel about the project in general.

First of all, it's a fantastic idea, and I totally support the concept.
Unfortunately, I'm not sure it's going to go anywhere. As many people on the subreddit have pointed out, their media presence is not all that polished, which doesn't really encourage would-be investors to invest.

Their apps are pretty good. The COIN app does what it is supposed to and I can geomine XYO tokens. I'm really not sure exactly what the XYO Network app does, but I know it's the foundation for the future of the network.
The team seems to be more or less solid, though I'm not sure how much progress they are making.

The token value has been steadily decreasing for the past three months, which is sad. I don't know a lot about cryptocurrencies in general, but I think that a steadily decreasing cryptocurrency is a bad sign for a project, especially with such a boom in the market; it's depressing to watch everything else go up but XYO go down.

For now, I will continue to geomine XYO. I am watching the project and I do truly hope they manage to improve their media presence, bring up the token value, and create a clear roadmap for the project.