So far with Poly AI, I've been lending for almost a week, with good returns that I've reinvested, so from that point of view it's been good.
I am a little concerned about the message currently displayed on the dashboard though:
We are doing wallet maintenance due to coinmarketcap market capitalization. Therefore, in the meantime, all transactions will be conducted as internal transactions on our internal exchange. Members should limit their coins output to other markets to avoid loss. After capitalization, transactions will be back to normal. We are so close to the explosion of our development in 2018, stay put!
I don't really understand what they mean by "coinmarketcap market capitalization". My understanding is at the moment you can bring money in and move it around internally (BC/PAI/USD) and lend etc, just don't try to move it out because you will/may lose it forever? This concerns me because there's no definite timeline and I wonder if we're being locked in before they shut up shop.
I don't think it's a scam, but I guess time will tell; either way I'm invested now and there's nothing I can do but sit and wait. If it all works out, I'll keep investing.
Edit:After having read through
https://coinmarketcap.com/faq/, I think I have an idea of what's going on.
I
suspect, but can't prove, that Poly AI may have a single wallet with all users' coins in it. The site just has to keep track of how many coins belong to any one person; this would exclude Poly AI from claiming any market capitalisation due to "
Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public's hands".
Further, I suspect they are making changes to the wallets to split this single pool of PAI "coins" into individual wallets linked to the accounts, thus allowing the circulating supply to be calculated and listed on CoinMarketCap.