Yes, they are excited because they can exchange a dead coin for a live one at dream like rates. It seems the chesscoin team are noble romantics, hoping to support a fellow chess loving community, but in practice they are hurting their own ICO effort.
If only BTC had been available as an option (and no yobit yet) it would have been a much better success.
What's done is done though. No point dwelling about it. If the android app is released soon the coin really should pick up
I don't assume any dev is a noble romantic here... besides maybe the noble coin dev...
If I was the cynical sort, I'd assume that the devs planned to make money off of a theoretical bela rise. Not hard to do, just have a bunch of bela sitting around with not enough liquidity in the market to sell ... so create up an ICO using bela for payment. A popular ico would result in the coin at least going 2-3x with at least a small amount of liquidity. XCR comes to mind in regard to Lisk... coin basically tripled if I recall correctly.
But so far it didn't boost bela up that much.
And I wouldn't assume if it was btc only it'd be a great success either. The key reason folks became interested here were because of the free bounties + bela exchange rate. For myself, besides the fact I simply like chess, the lack of interest in the coin was what made me actually interested ... if this thing was piling in tons of btc, I probably wouldn't even follow it.
Best timing for android app is after ICO, around when coin hits real exchanges. Not now. What would it do now, slightly boost up yobit's numbers that won't matter in the least by the time we all get our coins? The devs should time the app + whatever else they have planned to around when coins are given out, to temper dumping at least somewhat.
Wallets bella was active again, 2.4 million participated bellacoin ico, trading dynamics are poised bellacoin boom, they have done all the steps, and I think many people are waiting for the moment the birth of chess android. The phenomenon of halving imminent btc, the bed ico not much traction, dynamics bella is now completely understandable. and ico still 2 weeks to the end that all investors are only interested in the last days. is a follower of this project from the beginning, I own both chess and join ico, I totally enjoyed. Let's hope and invest a small amount to it, you will not have too much hope or disappointment