Oh dont you worry Mycelium will be a sell out everytime it has a crowdsale.At least mycelium has a product whats waves got?
Not to defend Waves but at least it delivered on SOME promises and has a functional platform.
Mycelium raised more than 5000 BTC and mismanaged funds.
Over those years:
No promises covered
No profit from wallet (no business model either)
No major developments
Burned through most of the funds (allegedly)
Miscalculation of how long anything would take to develop (can't even allocate the team to implement segwit)
Mycelium supposedly employees a development team and yet feature releases are so slow... Is there any oversight? Are those devs incompetent? Who knows... Not even their 'management' knew back in the day.
Also allegedly, the CEO decided to sell the raised BTC at a dip somehwere around 600$ per BTC. I don't know if it's true or just a story they try to sell to make courts have more leniency on them, but let's suppose that it's true.
If they were burning through their BTC reserves slowly at least they would have had more than 10x the funds to sustain development by now.