with -so far- nothing to base it on
The superb quality white paper, nicely done development board schematic, a fully functional blockchain and smart contracts written from scratch, collaboration with a real world company aren't nothing. These are a very good starting base to be a very successful coin.
Anyone has even bothered to consider a test of quality, scalability, latency... in p2p video/audio technology?
You are implying these experienced developers actually don't test the software and don't consider fundamental software design principles such as scalability. Their white paper clearly describes how scalability is one of main advantage of P2P technologies and they explain the implementation details of that.
The working blockchain and smart contracts indicate to me that there is an adequate QA process in the software development life cycle of GadgetNet.
like everything else in this project, it's only potential....
Apart from Bitcoin which is used at least for shopping at some places, all crypto currencies are only a potential, isn't it? Even Bitshare with its 15 million dollar market cap used only on experimental applications - it is only potential, isn't it? There are 42 coins over 1 million market cap, most of them are BTC/LTC clones with virtually no added value to the original code base, since those currencies aren't used anywhere yet they are only potentials, aren't they? Never mind that these guys at least try to work with real world use cases, but right now, the potential - which is the only asset of other coins as well - not good enough for you. 42 coins are good enough to reach the 1 million market cap with nothing else than potential - GadgetCoin in your opinion obviously can't.
I think this coin and the technology it implements has as much chances to be a 1 million market cap coin than any other coins currently in the over 1 million market cap category had at their start.
There's a problem this project has -among many others- and is that no one knows -or cares about- it. Depending on the circumstances of each one of those 42 projects that you mention, that is NOT the case. Nor has it been for months, if not years. There's a track record of trust, development and community, the basis of all those projects. So it isn't just potential that they have. They also have, again, a supportive community, a proven track record in development, have delivered in some of their promises, not just signal the direction in which they are going, and have developers that have been around for quite a while and have nothing to prove.
The same would apply, in similar measure, to THE NEXT 42 projects in that list, those that have either never reached or have gone below the 1 million dollars level, which proves it isn't an easy task to reach and perhaps even more difficult, to maintain by those promising enough to have reached that milestone valuation.
I am not implying that these developers, who no one knows, are not testing their software. I am STATING that, so far, that is the only thing they are (supposedly) doing regarding the specific p2p audio/video software. There's no public or even peer testing that I know of. Regarding scalability and latency, there's no specific information or test that can be performed... nor it is an easy thing to do. To test, much less to have it working seamlessly regardless of circumstances.
But, in any case, even if the tech is to be believed -which at this point is a HUGE stretch-, there's no BUSINESS MODEL, much less a workable one. And even when there is one, if it gets there, it seems that it will be a business model for a company that happens to use some tokens related to this crypto project, not, in any case, a conforming part of it. And that has not much to do necessarily with the wishes of the obviously inexperienced devs, but with laws and regulations of different countries with which they would have to comply.
So I don't say there's no potential here; I'm just stating what for anyone with even a basic common sense, would be prudent and evident: That even minimal implementation of some of the potential advantages of this crypto project, are facing a very steep curve on the way to the $$ signs. Just that.
Now, of course, the people lacking that basic common sense, cannot care about such "small" details... how could they?
i always say, only in crypto possible this return.