why the value so Low ?
Because:
1) There is currently really no way of using the coin.
2) People are looking to exit to make back what they risked with BALLS/10k.
3) This happens to every coin after launch.
A few thoughts on the coin so far.
1) I have very mixed feelings about the 10 day-ish maturity time. This means if there ever will be a use for the coin, you need to always plan ahead since 10 days is an eternity in Crypto world. Lets say there is a place to spend the coins and there is a discount for a week for using TEETH. You just staked and now want to take part of the discount deal, guess what, you cant. You will have your coins back in 10 days.
This basically means fuck real world uses just hold it in your wallet.
I received my first stake today.
I have 1350 coins and my stake reward was ~0.013. Withdrawal fee was 1
I hope this was some kind of a startup thing because if the rewards stay at the same level, i need 600 days to break even the withdrawal fee + i cant use the coins.
