Good point.

Aside from the lack of transparency, the entire upvote mechanic on pretty much all of the tribe tokens including Steem has shown over the years just to be broken and not work. I find it fascinating how this is never addressed anywhere.

The only thing that really works properly is Steemmonsters and DEC. I'm having a hard time seeing Appics go anywhere. The only real reason to buy APX is to make easy no effort posts and earn more tokens to sell to fools who come in later in the game until buyers totally dry up. Until there is something fundamentally backing up the value or something that gives it an actually working usecase it's all just a ponzi.