I think the project Cindicator will not prevent the development of the project NaPoleonX. I would say that these are different projects that will not compete with each other.
Even so, there are in the same category of asset management with trading strategies, backtesting and trading signals on both crypto and traditional assets. But if it is really true that Cindicator could have raised $485 million more after hitting their hard cap, that money is now free to flow into NaPoleonX.
The market is big enough to accommodate more projects. I wouldn't worry too much about this.
The problem is everyone just dump the coins which they get for free from bounties and stuff. Otherwise most of the ventures have good potential to thrive in the harsh market. As the Napolean will hold a strong bond on exchanges will see how it will go.
Yes bounties always hit the price in the beginning.
I hope they give bounties one month or later when napoleonx hit the exchanges. With that bounties, the effect can minimize.
Many projects usually later distribute the earnings of bounty program participants. And this is normal. I think that even if distributed at once, the coins will not be sold in large quantities
