The problem is that the team did not disclose their plans for the sale of gamma tokens in advance. For many, it was an unpleasant surprise.
Yes that's true but on the other hand if you followed the ICO sale you could notice that their prediction to sell that amount of tokens was way way too high. Crypto reserve and team portion combined had the majority over public token pool after ICO so logically there was no other way but to prolong sale period - instead they launched gamma.
That might look like a slap to early investors but it actually was not that bad. If I recall correctly ICO sale started 1ETH for 100k, ended at 1ETH for 90k tokens and Gamma started with 1ETH for 75k - this way early investors still maintain better exchange rate.
The fact that gamma was not announced before or even a possibility of something like that is a subject for this and every other teams to discuss and learn not to be too optimistic and overconfident. Gamma was not very bad thing for early investors IMO project itself and sales suffered more - ICO ended with something like 7k token holder - its nearly a month now with gamma and its ~8,4k holders so in my personal opinion selling is a bit slow, main reason - people dont like unannounced surprises and are a bit hesitant to buy now.
Hey there, to be fair to the team, if you had been following them early on you would have known that they initially didn't structure the sale to have a cap. They were also making a rapid amount of progress on the XYO GAMMA Client (much faster than their Roadmap) and the plan was always to sell XYO directly for XYO dApp Developers through GAMMA and allocate XYO to be sold directly to the public to encourage the awareness of XYO and growth of the platform publicly sold. The team explains it here in detail:
https://app.xyo.network/gammaIt is very obvious that the XYO project is one of the top 10 of this year, both through the management team and the project itself, so I do not see a problem even though the exchange price will drop for a while. Thanks. Good luck!
Precisely this is in concern whether XYO will remain in the path above or even worse. Of course we always want the best.
The team know that in a volatile market such as this one, it's important to give real utility value to their token. That's why they are focussing on developing the underlying tech. The best organizations focus their priorities on the customer (end user using the token) and thus growing the ecosystem, the contributors that grow the network, and the token holders (those who stake and create value) in that order to create real value and this is what XYO is doing exactly.