What worries me is the lack of demand. No-one seems willing to place a buy above 600.
Its a good thing supply is relatively limited now and those willing to sell will not drop the price much (starting price was ridiculous anyway) but I fear after the ICO and bounties are delivered it will drop like a rock.
Coin is on yobit... it's a meaningless exchange to begin with, but I wouldn't expect tons of demand right now anyway -- why pay for the coin on yobit when the ICO is still ongoing? It's also chesscoin. I mean, be honest -- now I like chess, but it's not some revolutionary new blockchain technology, or is a flashy coin that promises to change the world of commerce. It is what it is.
Yet that can work to one's advantage too. Low demand, low profile coin... fine, means less folks signing up for bounties when compared to Lisk/Waves/Rise/Whatever coin. So less dumping afterwards. Also means everyone who invests get a higher proportion of coins too once the ICO is over.
Now nobody knows how it will do, it could dump to smithereens, dev could vanish, or be a coin nobody cares about. At the same time, the ICO world is full of those coins that didn't get much interest early on, so early ICO adopters got lots of coins very little money ... and even if it does so-so, it's an insane ROI.
