First of all, I want to be transparent: I followed it since beginning 2018, and finally joined as their community manager (https://t.me/SKYFchain_chat) because i think that it is very promising and could be great in the long term. Like most of ICOs, Skyfchain suffered a sharp drop in price. While most of projects that conducted ICO in 2018 abandoned and exit with investors money, Skyfchain's core team is really serious and keeps on with development. I have a weekly online meeting with team, so can assure they are working!
This is due that team is nowadays 100% focused on development instead of wasting resources on marketing. In fact i think this is the best strategy. In last instance, what creates demand is development, not just being listed in more exchanges or in Coinmarketcap.
To be more specific, right now, they are deploying their drones for AGRO industry.. and many many more fields to be developed, and who knows.. maybe also "human transport" in the future.
Here is a REAL case of use.. think about how usefull will be a drone for cargo shipping in remote areas.
Already some partnerships and talks with VC firms, gas/oil suppliers, ...
Thanks for sharing you opinion. In 2018 EVERYTHING was overhyped, but still think Skyfchain has a very solid project behind, if there are any doubts or specific worries, please ask and i will find an answer to it (i am always crystal clear, so want to remember everyone that i am investor and nowadays also managing their community telegram channel https://t.me/SKYFchain_chat)
Price dumped hard? Yes. Please, let me know.. how many coins of the around 5000 cryptocurrencies that exist nowadays, didnt dropped? BTC
a 80%, ETH a 90%.. and obviously the rest of altcoins much more.
Regarding bounty payment, this is not true. I joined their bounty campaign and we were paid as used in the industry, some time after ICO ended, because all works must be closely checked to ban cheaters (95% of users that joined airdrop were bots). Maybe you want to say that ICO was extented? (which was also a common practice during 2018 by most of blockchain companies) to try to raise more funds, as Skyfchain's project is very ambitious.
By the way.. there was price movement in the last 24 hours...was nearly 400% up, but due to High spread, low volume, this is nothing to be taken in mind at all , we all know a few ETHs could make price go up or down. The interesting thing is that there arent many SELL orders, which is a good sign.
The real growth in price will happen when team announce the next updates.