What worries me about Telcoin is the lack of regular code being submitted
During the bull run there's been a lot of business and deals news, but other projects such as GRT upload new features like every hour, while TEL last entry was in March. This worries me because code is what makes the product, everything else is just talk. Also there's currently one person submitting code to the repo and one person holding 40% of coins. The other person has 15% of all volume.
Check here: [https://etherscan.io/token/0x467Bccd9d29f223BcE8043b84E8C8B282827790F#balances](https://etherscan.io/token/0x467Bccd9d29f223BcE8043b84E8C8B282827790F#balances)
This could be a crazy rugpull for all I know, but I do not want to spread false rumor. There IS apparently a recuriting process on according to LinkedIn, this just doesn't give me lot of confidence, because the pace should have been much higher now that all the money is in the coin and they can work.
I sold at 0.36 and just cancelled by limit buy order at 0.22 bc I can't figure out how these guys are gonna improve the product during the bear phase. I wanna see code and tech news and not just deals.