Though the dev team are still claiming they are still with the project. The recent crackdown has indeed stopped any of it's development.
They are undoubtedly a scam and a fraud. Their false claim about the partnership with visa and mastercard were false leading and illegal by law.

With many uncertainties, we still can deduct it to be the end of bearish market but the market has stabilized a lot and the daily and weekly drops and rises are lowest in the history. It also signifies the maturation of crypto market.

Received the week 1 payment.
I'll be dropping from the campaign with the change it term.

They finally did.
https://blog.coinbase.com/adding-erc20-support-to-coinbase-fe9cba6782b

This would be another food for the bull.
And it would make the Token adoption higher with better security and easier interface of coinbase.
A lot of people are still away from tokens as they find maintaining tokens in their wallet a tedious task.

EOS was getting a lot of buzz even when the price was down and they have rebounded the most.
With the news of moving to their own blockchain and arranging different meetups and programs around the world, they are getting more momentum and are posing to be immediate threat for ethereum.

It's no wonder a strategy to amuse users. Yobit lets users trade the forked coin even before the snapshot.
Binanace and Kucoin prices are 10 and 15 times the normal and deposit on maintenance, It's a well planned pump and dump action.

And it's home to the popular exchange Coins.ph, have total bank integration and provides off bank payments of bills, cashout through ATMs and everything a bank account does all under the law.

Ethereum is the pioneer and king of that sector so it would have a lead for at least a couple of decades.
As of Wave, being one of the older platforms, it has lost it's shot and newer options are much more usable and reliable than waves.

The most lovely thing about crypto is you are in charge for your money. If you hold the private keys, you can or cannot use it anytime and anywhere.
There are no any hurdle on investing and using the money around the world with only transaction fees as the tax you pay.

It have many cons, as you said the dubious start, it's huge supply and it's irregular development.
But with monero, it's child and prime competitor changing it's algo, it leaves bytecoin as the leader in cryptonight and may increase it's value in near future.

People believe in altcoins. They believe in a future with cryptocurrency.
They believe cryptocoin is the future and no force can stop it's growth.
There are crest and trough in every business, crypto are relatively new and has more than 90% population out of it's reach.

Well they are just taking birth and is still to grow.
They are pioneer to a (many) special technology in blockchain.
And are still evolving to introduce some new technologies.
I believe it's new Casper POS would be a something to look for.

Coinex is directly related to Bitmain which are producing the new ASIC.
And Gate.io too is linked to China.
XMC just seems to be an option to sell the new hardware.

For a coin satisfying those requirements, a new buzz Internxt is quite popular since few days.
A low supply of less than a million, Its price jumped from $4 to $8 in a matter of day.
They have a great project to work with and they are collecting a huge amount of interest.

CENTRA co-founders are arrested for fraud as they were trying to sneak away with the money.
Centra is a complete scam and you should sell off anything you have if possible.
Again I'd suggest no one to buy the scam token for any value.

I believe we would have a clear vision for cryptocurrency in the coming two years. That would either be an end or a opening of new market for crypto to expand and with current R&D and adoption rate, it would only require a 5 years of supportive environment to get popular around the world.
Alts would rule within 2025.

Achieving high scalability is a difficult task especially with the traditionally popular algos.
With the popularity of a coin, a highly scalable coin becomes a slow one as the use increases.
I believe Ethereum is doing it's best to solve that issue. While it's still not a large issue for bitcoin except for the high fees.

"The app completely bypasses regular internet service and the conventional WiFi, as it uses a proprietary download access protocol that is independent of how much data a user has with their internet service."

That's funny. I don't think bypassing them would be that easy and legal. Internet free sms provider are not able to bypass the sms system with my operator and the Nollytainment idea seams like a Nigerian scam.
FYI Nollywood is Nigerian flim industry.

An Ideal coin should have a different measure than mining to make the transaction happen and securely.
If can be a total premine with an ICO to boost the initial development.
NO POS or POW.
Should have a great transaction speed (high scalability).

Should have a large number of supply and highly divisible.
Be widely distributed with no single authority or community in fully charge.

I don''t think a anything backed crypto would be possible, if someone bought the amount of gold and sold the tokens amounting to the gold price and keeping the gold, it can be a possibility but again it would not necessarily be profitable to investors as well as issuer. Any promise of a fixed price are scam is my categorization.