The price is stuck in nowhere territory. It does not matter in the long run. It will one day go up or it will die, either way, it does not really matter.
The coin is fun to play with, I have a 9 digits number, it stakes great, it made me learning a lot and I will hodl IFLT. One day it may reach 1 BTC Satoshi, that would make it worth then perhaps 10000$ (1 BTC), who knows. If not, then not.
I don't see anyone working on real world applicability unfortunately. That Android Wallet was a one day star but did not move from there. I could imagine IFLT as micropayment coin, bank the unbanked, like OmiseGo and TenX do, just at a lower price. But for this there would have to be some ecosystem and people put into place.
I agree with this statement, the price is just suppressed too much by the inflation tbh and now it doesn't even have the volume to stay alive another year to reach 8% and there is no other appeal to buy inflation other then it stakes at 80%. If I were in control of this coin I would attempt to breath life back into the project by either a rebrand or honestly the best option a coin swap. XLR just did one to enable masternodes and so far so good it seems to have work the project is gaining steam. Just my two sats on what could be done...wow thats worth a lot of inflation actually.
The coin already has plenty of momentum to last for years and more to come in my opinion if not as long as the timecycles of BTC, with more implementations and adaptations in the works while the current team is here. The information has been healthily updated over time and will continue that way. Sidechains to introduce more functionality such as Smart Coins and instant transactions on the Ripple, Stellar, and Bitshares networks seem like a more viable option currently that don't require hard forks, and the basic foundations have already been created. We would like to do something more original then masternodes on the main chain unless a viable service that actively uses them becomes available. Right now cross chain atomic swaps are already compatible on the main chain via BlocknetDX, and are also interested in adapting to new versions of wallets such as
Litecoin's when it's finally released.
Besides that, we'd like to see a mixer for confidential transactions implemented in a future version of the wallet which won't require a hard fork, as private transactions seem to be a basic function of all the major cryptocurrencies available. Dash also utilizes a mixer, Zk-snarks are being implemented on Ethereum, and mixing services are already available for Bitcoin and Litecoin on various websites. As cryptocurrency becomes more valuable, these types of things should become standard practice to protect users and also lower chances of central failure. Youtuber Trevon James was also recently hacked and robbed of 111 BTC from one of his main cryptocurrency addresses, but was also dealing giveaways on every video directly from his main account address which isn't very wise, and also storing his wallet with a 3rd party (Exodus) that has access to more information that puts him in more risk or danger of attacks/schemes. A private light client or full node core wallet for him to store his funds on would've been a better option.
We believe the inflation rate with sharp yearly deflation over 4 years is working well, as it introduces the elements of dependency into asset's system compared something that starts out with no users using a coin's utility. The Android wallet still needs a bit more cosmetic work and improvements will be done in the future as more time and funding becomes available.
Is adding to livecoin still up of plans?
It's under review of investment performance right now in additional hedges, and other alternate plans are in the works as we monitored the asset performance on their website versus the costs. The cryptocurrency targets may reach extreme levels in the future that would scare away the usual typical investors especially one managed by a small community starting out, so a smaller hedge such as IFLT/USD managed by private investors with long term plans and regulated funding pools may be a better option. Coinexchange.io has already offered a more reasonable price earlier this year and is aimed to be released on for certain within the reasonable price ranges.
