I am a big fan of their tokenomics, however there are a few things I'm less of a fan regarding the whole project. They are a scaling solution and smart contract operator for the BTC network if I understand correctly (maybe they are entirely unrelated, so their website is not clear in that regard). If they are related, this is great since there are very few competitors to bolster the BTC network with smart contract capability (not sure they are even competitors, maybe they are blocks of the same infrastructure?), [TapRoot[(https://cointelegraph.com/learn/a-beginners-guide-to-the-bitcoin-taproot-upgrade).
Anyway, the Proof of Work consensus algorithm is not my favorite, wasting CPU cycle to secure a network was a good idea 12 years ago, now with Proof of Stake, and other type of consensus algorithm I don't see PoW has that interesting if you can replace wasted electricity by a more cost efficient alternative. I know PoS may feel less secure, but at the same time I hate waste of energy. Show Less
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