I've been involved as an investor in Engine and an advisor to API Network's team and they have shown great skill in building out the codebase for API connectivity, indexing, and intelligent search and query functions. I've confidence that they will be able to deliver on the network as well.

I'm looking at the fundamentals: If every app can gain additional revenue by offering their APIs I suspect we will see a slew of them become available in the network. Then the network's marketplace will be offering a whole bunch of APIs that are standardized, easy to mix and match for any use case. Heck first it will be fun to play with and we will unleash the opportunities hidden in the internet of things and connected apps.(use cases are endless: smart spending engine that creates budgets for certain apps and engages them intelligently based on your needs, maintains them if you use them, eliminates them automatically if you don't or smart living apps that are not bound to any app or vertical where all apps are connectable)

Going forward, any of these linkages will contribute to the overall transaction volume. Since every transaction will require API coin, greater the transaction volume will equate to greater demand for the token.

There has been concern on the legal aspects: this is a pre-sale of software and these coins do not represent ownership of an legal entity. I hope pre-selling software and keeping account of that via tokens will not become illegal in the US.

Team:I have been impressed with their work ethic and focus on delivering great code and ux design.

Traction:Sure the network will grow over time and it is not complete with the 100s of APIs and their respective sets of hosts, however the opensource code is here and because the fundamentals are in place. I'd be inclined to think that once the network is seeded and the demonstration is done, people will flock to monetize offering an API and an ability to easily build your own app of apps.