ICP and a lot of the alts have been getting taken straight to pound town. This has stirred up a lot of drama in the ICP community as people get frustrated. Some pressure would seemingly get released once the VC unlocks are over in the spring for ICP but as a lot of investors have set up the goose that lays the golden egg with lock ups you have to wonder if that will continue to apply sell pressure and we see a similar thing with an ecosystem like Cosmos. When the return is beyond 10% it seems to weigh heavy upon it oddly enough. It just attracts that kind of investor that is looking for a passive drip.
CoinNation is coming out with a development environment which looks like it could really help developers deploy a working project or test code. My personal opinion is that they should give him a grant or bring him in house to work on that and help developers launch on the IC. There needs to be way more development and what I see is that ICP is still in the stage where it has to promote to investors and developers and give the developers the runway to market to end users. A lot of that gets lost and then everyone is scratching their head waiting for the price to go up but there just isn't the funding and activity to build it out. We need more ways to interact with the chain and we need additional connectivity to other chains as well.
Filmed Yesterday Before This Dump Today - CoinNation Reference Video -
