22m circulating out of 100m total is because of POS and masternodes implementation later on. It will hit Kucion sometime in next few weeks, not sure about Binance, definitely at one point. Testnet is scheduled for January, mainnet early Q2, not Q4 2019. Union Pay partnership is not a rumor, this coin is pretty much created for Union Pay. A lot of other big Asian companies are planning to get on board(Alibaba, Tenscent).
IF they deliver, this easily hits multi billion market cap(Union Pay total annual volume is measured in Trillions). Of course, like very other project, IF they deliver. Team looks good enough to pull it off. I might add a bit more to my position on todays dip.
Yeah, I admit I stated the mainnet was due in Q4 2019 and that seems to be wrong now. I was going off the timeline the whitepaper stated but the whitepaper is outdated and it sounds like the team is in process of releasing and updated whitepaper.
I do question the 22 million circulating supply tho as I've seen a very credible person that is in contact with the team on Reddit reconfirm that he had the circulating supply as 28 million...either way it's not a big enough difference to be a big deal eitherway.