could we expect something from this coin in near future?
That said, note that the coin is given to hundreds of new students every year. The coin is listed and has considerable volume on its main exchanges. It's tied to the tutor-web system which is in continuous use in several schools and universities, from Iceland to Kenya. This will not go away, only increase in use.
Most of our development takes place during summer. Last summer we saw two new wallets (coinomi and a breadwallet) along with some other stuff.
Next summer we're hoping to add another mining algorithm plus some new features. Our wish-list is pretty long :-)
I was looking into trading SMLY, i see on 3-4 occasions, there have been huge dumps. Are these dumps by development team ?or miners taking rewards according to you? Or
Is the premine been dumped?
First: The premine is only used in accordance with the mandate at tutor-web.info/smileycoin - ie mostly for rewarding students and very occasionally for special projects.
Students have been awarded about 2.7 billion SMLY and many students only redeemed their SMLY at the end of the semester causing quite a dump.
Most of these "dumps" are not really dumps - it just that the volume is so low that a sale of 1 BTC worth of SMLY seriously affects the price.