I’m in the same situation as lady @Cybnate (I bought BKS >= $5)
I’d like to share my (hard) learned lessons in this crypto-token investment. From now on I only invest in crypto projects which:
a) development is managed by public known developers who are willing to attend to conferences, congresses, conventions, debates, devcon, expos, hackathons, meetups, trade exhibitions, seminars, symposiums, trade fairs, trade shows, webinars, workshops, etc. So that developers could even be asked/charged for development’s situation in person;
b) development is managed by a “Dream Team” of developers (e.g. acclaimed coders, cientists, engineers, etc according to their sucessfully past achievements, developments and reputation);
c) in case it’s an Initial Coin Offering (ICO) or any other form of crowdsale/crowdfunding then the funds raised by developers must be held by trusted or multi-party (multi-sig) escrow AND project must be shown in a very detailed white-paper and roadmap must be available OR demo, alpha, PoC or beta version must be already deployed and available;
d) business plan or revenue model is endorsed by relevant/acclaimed companies, venture capitalists, reputed angel investors, or reputed universities and institutes;
e) MarketCap (USD) < Top25 in CoinMarketCap (to avoid crazy hype/frenzy pump & dump volatility).
P.s. I only get in those projects that satisfy the min. requirement of 3 options out of the 5 above mentioned.
My overall position about the current BCX situation is that BCX’s development should’ve been managed independently from all NuBit/NuShares operation…
I still hold the opinion that BCX’s development fund should be managed in a segregated way and should be kept in BTC in order to attract more developers from cryptocurrency community.
Most of that BTC (from BCX’s dev fund) should be used mostly for dev grants and dev tasks.
–edit: some common typos that always comes up when you’re sleepy.