Substratum

The value of SUB is ultimately tied to both the technological viability of the network and its subsequent adoption. As a project with its sights set on bringing down none other than the Great Firewall, the underlying architecture of the network must be extraordinary for us to take such a claim seriously.

Until the release of the public beta and underlying project code, the lack of verifiable progress markers and the string of delayed releases leave us without any concrete development milestones that warrant enough confidence in the future of the project to invest.

Although the financial performance has been strong we are concerned that any investment in the SUB token right now could lead to an underwater position. Or, since it’s Friday 13th and given their name, an underground one…

Substratum is a decentralized internet that makes it easy for anyone to run their own node supporting the decentralized internet. Each host makes money based on the amount of bandwidth they provide to the decentralized internet, and website owners can pay hosts based on the specific amount of bandwidth used. The system is fueled by microtransactions based on the Substrate currency.