Is Golem (GNT) dead?
I always liked their project and I still believe in it. They've released in July a new version as it was planned in their roadmap.
https://blog.golemproject.net/brass-golem-alpha2-0-7-3766e08a71ca
But I've seen the price continues dropping and the market volume is under 900k.
Is time to say ciao or there is something I'm not seeing why are they dropping so much and without end?
I'll appreciate any comments.
At this point, Golem is a good investment for the long run. It may not have a good return within a year but down the road of 3-5 years, you can expect huge returns. The project has a good potential and they have good developers and most importantly, the enthusiasm for Golem in the blockchain community is really vast. Don't give up on it yet!! All the best.
I totally agree with you @autodidact88, and I'm not a short term investor, but you'll agree with me nowadays 3 years is a world of time and nobody knows what could happend. In 3 years there could be hundred teams with the same or better idea or technology, and I'm not sure the GNT team could survive so long if the token worths nothing (from there come their salaries)
I believe that their Brass Golem will be finished and released with a good clean UI. This is a major milestone and will make Golem a blockchain project with a working (although just Alpha ver.) product. Brass has been delayed since May and it looks like it has a strong following and strong team that is trying to get it right. I believe it will be released in October some time and this should cause a price surge. I mentioned it in my article below:
https://steemit.com/cryptocurrency/@seenmidnight/aug-24-cryptocurrency-tips-litecoin-golem-basic-attention-token-ripple