Unless NEM is marketed and updates are given with regards to development you can be damn sure that there will be no renewed interest. Apart from people checking this thread or looking at the NEM forum there is literally 0 awareness about the project. I see threads popping up about the best scalable blockchains etc left and right but in none of them
NEM is mentioned. That makes sense since it is kind of hard to know about upcoming features if they aren't being shared. Instead people put their money in mere concepts of blockchains rather than in one that has been working for quite some time already.
If you look at trading volume NEM has been at the bottom of the top 10 basically for as long as it has been there.
I was reading Lon Wong, the foundation president, writing on Telegram. It was all a tad strange. Every single poster was saying there weren't enough updates, transparency or marketing. He really didn't seem to think there was any type of issue and then kept asking what the problem was. He would be presented with the same list of problems again. Then he'd ask what the problem was once again.
He justified the weirdly autistic approach with nominating the 2 billion + market cap as their achievement. Well, Poloniex pumpers were responsible for that, not them.
There is a very strange lack of engagement compared to other coins. There's little or no project discussion anywhere. The only discussions taking place are about price or moaning about the wallets. I don't really know why it's so different compared to everything else but something needs to change. After all this time everyone's effectively still in the dark.
That is very weird indeed. If anything a 2 billion market cap should warrant more communication as the stakes are significantly higher. Furthermore, if I recall correctly there is a marketing fund in addition to a community fund of some sorts of the leftover stakes, why isn't that being used?
Honestly, I don't get it. NEM was started out of discontent with the way NXT was handled (terrible distribution, centralized decision making etc) but NEM is doing exactly the same at the moment.
I was always pissed off because of their zero marketing and it is still annoying!
But maybe the reason for their reservation is that they don't want to be hyped until they really have reached some of their goals.
Or I am wrong and they don't have any idea how marketing works
....and that must be changed very soon!
At the end NEM will have a lot of advertisement for free when Catapult will be released, because everybody will see that NEM will never have the same problems that BTC and ETH have right now!
You can follow the Catapult procedure here, so you can see that there are some updates:
https://forum.nem.io/t/stories-from-the-dev-front-diary/2641I know there is not so much information but the devs are alive;) and they are working on it!
I really wished I had more money, I would by XEM as much as possible, it is very cheap right now and maybe will be cheaper in the next 1-2 months!