The GEN coin is still below the issue price. Shouldn't the development team do something to restore investor confidence?
Yes, you are right, they definitely should do something, it is not serious... but who knows what they have prepared, legal notification about that their token is not a security one is a good news and i hope that they are already negotiating with a top exchanges right now.
Yes, DAOstack is a very good company with a lot of good reviews about this project. So we have to wait patiently in order to develop the things what they mentioned in the roadmap, mostly one thing we have to hold the coin until the market starts recovering.
yeah, if be honest, i'm holding already a lot of GEN's and plan to purchase a bit more due to the reason that i'm really sure that this project will be successful one and i could make some money from it if i keep patience. But i would be happy if they implement some buy-back program like it was in case of PundiX some time ago, i did then a bit more than 550% on them and from that moment the price of their token did not fall and the project attracted a lot of investor's and trader's attention and some time after won a listing on Binance. A lot of people already asked the DAOstack team about this and they promised to consider this idea, but it still not happened.
Buying more is a risk I will consider if am very sure of the project's team and probable outcome in many weeks from now. The coin is not interesting to watch on ones wallet now and am disappointed after so much hype. Some altcoin maximalists had already called it a failed project though they rated it on there ICO spreadsheet then.
i'm risking every time when buying panic sells, and every time I am pleased with my decision, hope i'm not mistaken this time too.
btw could you share the link to that ICO spreadsheet or a name of that analyst.
