its been in testing and been being tested for like 8 months now. For a 100% uniquely written crypto currency , i would say its market cap is more than 3500 dollars .
This!
There's already coins established with brand new code and an already established community, some of them are below 100 satoshi and others just above it.
So yes 100 satoshi for rai this is still too expensive.
mate, isn't that what is free market about ? Let it decide, do not make hasty assumptions. This coin will slowly find its price base on supply and demand, usability, adoption etc. I and some others just think, that price of this coin and underlying tech will be worth much more in the future. So I have aligned my bid around my own assessment. (I've been following Colin's work for quite some time and I believe he brings absolutely new concepts into this industry - e.g. balances, individual/account chains, udp packet sized tx etc.)