Current research says to go in a bit and wait and see.
Very Good:
- No Pre-mine.
- No ICO.
- Low rewards means it can build supply slowly.
- A lot of hero/legendary members observed this coin with interest, this is great because we're talking about the usual whales and people with push/pull in the market that could put this coin into the forefront, on top of this some other devs are surely interesting in making this coin better (relationship with CryptoDatabase). With this in mind, we're definitely seeing a sleeper coin in action, it may take a while but I would imagine a high market cap in the far/near-far future.
Very Bad:
- No actual addressing of the instamine. OCMiner (Suprnova) is a very respectable person, so when they questioned this I also questioned this. It seems this issue has been forgotten.
- Lots of issues with the POS. The biggest issue I see at this point is the rich get richer and the poor will never get those POS blocks.
- POW hash-rate seems to go up and down, almost in relationship to what is the expected POS rewards. This may change later when it becomes full POS, but there is no stable (growing) POW support right now.
- Coinmarketcap.com lists less than 1/2 coin supply than block explorer does.
50/50 and Suggestions:
- The dev is very active and has made fixes off-the-cuff, but that support has slowed down lately. That could very well mean the coin is still in the early development stages, so have patience. I highly suggest working with a team, get someone else to update the OP with the latest info, add master nodes to the configuration, seems strange there is none yet and considering I had to add them myself was an extra step I did not like. Also with a team you can figure out some real promotional outlets.
- The dev's account shows interest in buying/selling and developing in other coins currently, not so bad, but please keep this coin informed with progress as well (e.g. "working on the newest version, %30 done, etc).
- Currently under the radar, this is either the community views it as not that great or we're just in the very early stages.
- No buy support and volume. However, this could reflect the bagholders wanting to stake. In addition to this, even the sell list is not that big, people are buying up and not selling, this implies people are in for the long-run.
- Not that I don't care about bees, I do and fully understand the importance they play in our ecosystem. However, a cryptocurrency that focuses on supporting beekeepers is a very niche interest. For example, if the community instead focused on reducing pollution, that may be a farther indirect impact on the bee population than directly supporting beekeepers. A sudden change in direction towards something called the Valerien Universe is even more confusing. I absolutely believe crypto can be used for good things, as well as for trading, but pick one, many, or a single meaningful thing to support would be more tasteful.
Sorry for the long post, there was a lot to research here and I haven't been involved from the beginning.
Overall, there is really good reason to believe this alternate cryptocurrency is a sleeping giant.
