I think this is a foolish statement coming from Karl. Can you guys return my BTC invested into the project and I will give you the value in Fiat, Nobody want fiat that is why we are in BTC so be considering the investment made in BTC to fiat is very wrong. I will still believe in BTC even when the price drop than any fiat currencies.
It's a fair point about judging value in the currency in which you invest. However, the nature of the crypto markets is that alts suffer when BTC rises in value. (In fact, this is how all markets work - when they value of the dollar goes up against Sterling, shares in the FTSE100 rise in value because they are denominated in the less-valuable currency but earn revenues in the more valuable). The reality is that if BTC had dropped, alts including Incent would probably be more valuable. This is just the nature of the ecosystem we work in, and we cannot protect anyone against how a $20 billion market decides to act.
The wider context is that we haven't even launched yet. The market 'performance' of Incent is hardly indicative of Incent as a company.