There have been lot of angry people around XYO community. Other part is saying others are FUDing and ban hammer has been thrown much lately.
Then there is "traders community" what are not happy... well mostly on anything and saying others are blind trust who buys everything what Scott Scheper (founding member of XYO) says.
So what is the status of XYO now...
What has been promised and what have been delivered?
Is there a progress going and what is communicated?
So few months ago XY company (developer of XYO) needed to let go about 50% of it personnel and they openly communicated this. Most of the peoples where let go from marketing department... This was not come as surprise as XY has been said to be running "scammy adv campaings"... and to be honest I feel they spend a LOT to marketing without working product.
In fact on 2018 their marketing budget was over x10 than development... what is really odd.
Now we of course do not know how things are changed after change of strategy... but what we know those ads still run on various places... why those are still on?
Okay lets move on... what other things where on plate...
Lets make short list quickly...
And actually what they are saying lately seems like they are not going to it on any point:
(from their Telegram channel)
What they then did?
You can even query sentinel (to bridge) bound witnesses over there. That is awesome even it is now limited to 100 results.
But you know that is just and redo of XYO Matrix (https://matrix.xyo.network/).. Only thing what have changed that Matrix was snapshot of given time and this explorer should update almost live. But to be completely honest... that is middle-ware / front-end issue. They have said XYO network have been fully operational since Matrix release.
So basically this is nothing new... only polished version of it.
Also few months ago when they let peoples to go they said they change strategy and focus... since then nothing has heard from them. So is this new strategy? Complete silence and avoidance?
Okay we get promising tweet from Scott that some news are coming:
https://twitter.com/ScottScheper/status/1154008913253023744?s=20
- ScottScheper
Those news need to be really good... this kind of silence cannot last longer or last supporters are gone for good.
These recent developments of XYO project have been shown dramatically on XYO token price:
Now XYO is down to 6.88 SAT...
Also volume is depressingly low... it looks like only bots keep it alive at KuCoin.
I still don't believe XYO is a scam... their management has just done really bad job and lot of mistakes.
They probably have hired wrong persons and focused to wrong things... like COIN what is not part of XYO network.
If they want to fix the situation and bring this amazing tech to live in real world they need to act fast and make right things now... not on next year.
They need to deliver soonest realistic road map now forward, then follow and deliver it... and forgot moon and satellite.
