GRX is communicating plenty imo. I invested during the ico (bought at $.86 cents) and most of the "FUD" is being generated by weak hands, impatient people and some competitor is even flooding their Facebook page with posts every hour from fake bot profiles. The bots have Indian/asian names and spit out phrases like "scam ico, don't invest" "f*** the idea, stupid though" over and over again. I look at that as a positive sign that someone's scared GRX is going to become one of the major lending platforms.
We've gotten updates on the 19th, 23rd and 25th and the internal exchange is about to go live along with interest withdrawal. Like I said in the other GRX thread here, this space has now become oversaturated and the HYIP scammers behind the likes of Aurum Bank, Control finance and others are the ones I suspect are behind several of the latest lending ico's.
GoldReward, Bitconnect and Davor are the only platforms to me right now that seem like they want to be around for the long term.. along with Hextra and Regal, if Regal can ever pull their pants back up above their ankles. Steneum is another one that seems 100% legitimate to me, once they get their technical issues worked out. One member on the team has been programming Forex trading bots for years, so Steneum will have a real bot behind it.
SALT and EthLend are the other two big "legit" lending platforms I'm invested in. EthLend has been watching GoldReward's gamification concept and wants to apply it to
their business model.
https://i.imgur.com/Zq34A0A.jpgA word of advice to the devs.. If you don't want this coin to die then you should be posting updates everyday, not just once a week.. You have to keep the community involved. With everything crashing there is alot of FUD.. You have already hard a massive crash and the coin has been sinking every since.. It's better to keep the community involved and in high spirits than letting it die and then trying to raise it from the dead..
I agree with the above statement 100%; The GRX developers need to start communicating the details of their efforts a LOT more often, as the FUD is growing and updates have waned, the token value is just slowly sinking, mainly because we have not seen any real progress or updates in weeks. On top of that, and really the biggest problem I see, is issues not being addressed publicly with the BTC wallet online. DEVS, please chime in here and especially on social media like Twitter before people write the project off completely; I know a few friends who have dumped without regret and swear they won't look back as lending platforms in general have been failing with deliverables and "delay" seems to be their favorite word.