But maybe this time around, it would be different. As the holders are more knowledgeable on what they are holding. Unlike the 2017 hype, a lot bought because of the fud, most of them had no idea what they were getting into. Also, the position of btc in the market is stronger than before. The use case is I believe more established. Popular companies that are integrating btc in their payment method like the recent news from PayPal and known personalities and companies heavily investing in btc.

If the OP invested again in btc from the time he posted this thread, he surely did make a good profit from his investments. But at that time, we were still in tight pandemic situation, so don't think he bought some crypto. Anyway, if he is talking about the current situation, we are now in a much better shape and this time, a lot of users I believe are more knowledgeable in crypto as compared to 2017 hype.

I haven't seen any use case for this token unless  I am missing something. Passive income is only true most of the time at the early phase of the project. But once the project is getting old, I don't think investor can have their passive income as agreed. Without actual business backing this project, it is hard to sustain the passive income offered to the users. So yes, how are they going to sustain this platform if they are relying only on users that will buy their token?

I am wondering why the OP can't do it for himself and will require somebody to help him? It is better to submit the KYC documents rather than ask for someone to do that for him. He may encounter more problems if he will ask somebody. As the record of IPs in the site will change. And the exchange may tell him some suspicious activities, which may further harm his chance of withdrawing his funds. The money we are talking about here is not really small for most of us. So for me, better follow the instructions of the support rather than look for somebody out here.

Yes, I remember there was a time period here in the forum where if it was a Russian-backed project, people were hesitant to touch the project because they were labeled as scammers. And with Nigerians, the first thing that came to my mind is the email hoax using the Nigerian prince.   But good thing, these days, some previous perceptions are already going away as scammers are everywhere with different nationalities involved. It really doesn't matter now where you come from, as long as you are giving the community the service that you are offering and be transparent about it, they will change their perspectives on you.

Yes, they are just following the famous saying, if you can't beat them, join them. So with this pandemic crisis, this opens a lot of opportunities to bitcoin or crypto and many people saw its benefits in terms of payment purposes. With paypal, which had previously attacked bitcoin by freezing some accounts who were dealing with crypto before, found their way in finally accepting it in their platform. As crypto users are growing and so is the market, they are finding out that this will go big in the coming years. So they just swallowed the fact that they spit this out few years back.

Buyback is one good plan. This strategy will maintain the price of your token as holders are assured that once this is going down, you will buyback at their price level they bought it from. That's the common hesitation of most investors, as very few can sustain their market let alone increase its value. So with this plan, they know that they will not be in the losing end one way or another.

The number of tokens for sale is actually low, so if this project is strong we will see that in how they will perform during this private sale. Even small investor can participate as they lowered the min investment of $25. With that price tag, I wonder when it comes to their actual trading, will the investors dump their holdings? I hope those investors who bought it at about 20 to 25 cents will not dump once they get listed. Because usually that's the problem of declining their value, those investors who bought it at cheap price not the hunters. Because hunters, they are getting very small number of tokens.

I understand your concerns here but in the end, it is the team's prerogative how they will present this to the public. It is on us now on how we assess them regarding their capability to achieve their goals. This is where we step in, whether we will seriously look at this project to invest our funds or not. At the end of the day, it is our own decision whether to invest or not, based on our evaluation. If we see that they are not fit to our investment criteria, which vary from one person to another, then just look for another project.

As we remember the ICO glory days way back in 2017, tons of money were screwed from investors. And a lot of us at some point invested in one or more ICO projects back then. I got burned also but not big money. That's right, the project I invested had their team members published but it didn't stop them from abandoning the project. And they just got away with the btcs they collected. It was hard to go after them especially if you were just a small time investor, not worth chasing them. But for those big investors, they can sue those project but will take years if they will ever be successful in recovering funds. That was my first lesson when it comes to ICO. Even if the project seems to be promising with known team members, it doesn't mean that your money is safe with them. Better wait for them to hit in exchanges, if you truly believe that they can meet their objectives. Otherwise, don't risk your hard-earned money.

Many people really do far-fetched speculations. The article posted by the OP was published at the beginning of this year, and look at where we are now. We are almost at the end of this year, and the pandemic mostly consumed the life of many people, bitcoin is already going up at a very impressive rate and yet, XRP is still in the $0.2X level. Don't get me wrong, I like XRP for transfer purposes but if given the chance to choose between XRP and BTC, definitely I will go for the latter. For XRP holders, reaching $1-5 in the next coming months is like maybe a dream already. But $14, I don't think they will achieve that price in the next coming years. But I hope, I'm wrong because in crypto, everything is possible to happen.

That's what I am thinking here. They will create a separate tab maybe or site to dedicate their exchange feature, if in case they will explore this opportunity. But the likelihood of setting-up their own is high. They will start with 4 cryptocurrencies right now, but if they will see the advantage of having internal exchange within their platform, they may eventually create their own. As some users will convert their crypto from one alt to another, depending on their needs or consideration like transfer fees, if they will see this need, they may create their own.

I don't agree as well. Even small traders can use Binance, their taker and maker fees are very competitive than other exchanges. And their withdrawal fees is lower than most exchanges. I don't think binance is built for large traders only. The OP is seeing it wrong, in my opinion. Every exchange is open to all traders, whether your are a small timer or big timer. It depends on your necessity for every situation. This is the good thing with crypto exchanges, there's no discrimination on their users.

Maybe it will be useful if you can add also their ANN thread here in the forum, if there's any. And other important links such as website, cmc or coingecko link. Like for example singularitynet and fetch.ai. Both are still active in the trading market but don't know about their actual developments in terms of AI.

SingularityNET
ANN : https://bitcointalk.org/index.php?topic=2491147.0
website : https://singularitynet.io/
cmc : https://coinmarketcap.com/currencies/singularitynet/
coingecko : https://www.coingecko.com/en/coins/singularitynet

Fetch.ai

ANN : https://bitcointalk.org/index.php?topic=5052264
website: https://fetch.ai/
cmc :  https://coinmarketcap.com/currencies/fetch/
coingecko : https://www.coingecko.com/en/coins/fetch-ai

Are only miners interested on this coin? Though it is still trading at about 20-25 sats, I'm curious about their developments about their mission. Or the developments can be found already on their website? How about their original mission of preserving the original account of global history? What are they doing to cater this mission?

They make a new one to ride the hype of DeFi projects. But looking at how they are coming up with this project, still no rock solid developments here. They do need to stop venturing the crypto business as they will just bring disappointment to those that will buy their token, if there will be naive buyers here. I hope they will realized that this is not for them and have conscience not to take more money from people, we are still in pandemic and screwing someone else's money is really unacceptable.

It really depends on how the team execute their goals and objectives, whether anonymous or not. If you can see progress of their developments and they are sticking to their roadmap, then, the chance of this project to achieve success is high. You can also see their sincerity towards the project if they respect their timelines. I know it is hard for the team to complete their tasks according to their timelines but if they are providing timelines, that means that's their target schedule to accomplish the task. If they can't fulfil their schedules, then there's should be valid reason from their end.

Only few of them will survive as not all of them have actual application in the market. Most actually are created for the benefit of the dev team. You will see if they are serious about their platform if they can deploy their use case. Otherwise, they will bank on fud and manipulation in the trading market up until they got the funds they wanted and finally disappear. So even if we have projects introduced everyday, the market is not yet saturated as we also see coins or tokens dying everyday.

It is better if they will have approximate timeline on when those items will be accomplished. But some are not putting dates so people will not expect something on that particular time period. The offer is very attractive with this yield farming feature. However, with so many DeFi projects, how can they be so sure that they will gain customers here and really earn income? They need to find actual use case and not just offer this yield farming, as many defis are already doing it.

Those companies can't manipulate the price because the percentage of their holdings is not enough to do that and it will not be on their best interest to do such price manipulation. BTC price is driven by supply and demand in the market. Now, do you think, if few people can control the market, there will be supply and demand that will happen? I don't think so. So to have a healthy market, they won't hoard massive amount of btc, which will give good market movement.