Well the Team is very small and you cant compare them with Facebook. Google+ also thought they could beat Facebook and now Google+ is dead.
Do you know, facebook was started as a college get together platform initially? They became popular because they were the first to implement it. Social project will be a prominent platform because here the devs are the first one to implement a social network on the blockchain itself.
1st does not always mean better. COmpare Friendster and Facebook.
I just believe in SCL that's why I invested.
1. The DEVS are not holding any SCL. It will only be minted once we purchase with ETH in the ICO. This will increase SCL value since there are no DEV Whales dumping the coin)
2. Buyback Program with BTC will increase the SCL value since it will create a bullish Trend
3. Visa Card, Marketplace and Ad Platform will use SCL. They have to purchase SCL therefore more BUY orders that will increase the value of SCL
4. Social.nexus is no longer a Promise. We are using it now
5. NO new coins will be minted after the ICO
6. The Hard cap is determined by the number of Investors. I estimate now @ 30M SCL total circulating supply
7. Privacy is always a +