Shortly before my last break from blogging I had delegated some of my HP to Leo.voter account. It's been nearly a year and a half since then and that delegation has accumulated nearly 2k LEO in my wallet, that's twice more the LEO I have earned from posting. (Mind you, back then I used to write quite frequently on Leo).
Make what you will of that! But that is story for another day.
The 2k LEO would have been extremely juicy 1 and a half year back. Right now, not so much. The leo team has been so focused on polycub, the original LEO token and CUB has left to rot in the gutter. The prices of neither seems it will improve anytime soon (prove me wrong). I wouldn't even be surprised if CUB hits close to $0. I wouldn't like it, but I wouldn't be surprised.
It's at 4 cents now, so not too far! Handling and progress of Cubfinance from the LEO team has been extremely disappointing.
Yes I know it has been said on numerous occasions that cub is a long term project....don't look at the price and as such. But the fact remains, "The market is always right." And the price of CUB and Leo speaks volume of how little interest there is in these coins beyond the HIVE ecosystem.
This is not to point fingers at anyone, but these are simply facts. Cub has been at 4 cents well before the market began to pullback this month. Cub has been in a gradual decline with no words from the team regarding a solid plan about the future of it. The only positive here is, it didn't crash further from 4 cents while the market crashed around it.
"SOON" has become a trademark of LEO and while it is taken as a running fun joke, it shows exactly why cub and leo is doing as bad as it is - no commitment to timelines.
No one in the wide cryptosphere will ever take a project seriously that is as clumsy at deadlines as Leofinance is.
Having said all that, even though I fear CUB to really go to zero at some point, I think LEO will not walk down that path given it is the original token of that ecosystem. There is still some interest in it at least within HIVE.
Will probably take ages for it to go back up in price, so for now....let's power that 2k LEO up and see where we're headed.
Posted Using LeoFinance Beta