I've been slightly out of the loop for a while on this one, as my last two months were essentially swallowed by my ^{(successful!)} job search. In the time since I last paid attention to the crypto world, it seems that [Viewly](https://view.ly) has concluded its crowdfunding round, and their VIEW tokens are now unlocked for trading and transfers. You can see the token info on its [etherscan page here](https://etherscan.io/token/0xF03f8D65BaFA598611C3495124093c56e8F638f0). ![Screenshot 2018-04-13 20.18.08.png](https://steemitimages.com/DQmR7Shpvn765iecFN4YK9YQroPVtbaiV5i85HuJuWpdXiQ/Screenshot%202018-04-13%2020.18.08.png) For those unaware, Viewly's story is that they want to make a blockchain-based Youtube-like platform (sound like anything else we know here? Maybe like DTube? Maybe DTube has a little bit of first-mover advantage? Maybe.), and they recently ran an ICO in which they sold about 20M VIEW tokens for something like $0.45 per token. Before that they had a pre-sale in which they sold 10M VIEW tokens at about $0.11-0.12 per token. Today, the price is.... much lower. Around $0.06 per token, half the pre-sale price: ![Screenshot 2018-04-13 20.19.21.png](https://steemitimages.com/DQmNpTRAwbbGvhmrdFNgjX2jaCzDERMr29FFsHy8ydawHs5/Screenshot%202018-04-13%2020.19.21.png) ^{Courtesy of [coinlib](https://coinlib.io/coin/VIEW/Viewly)} Take it all with a grain of salt, because VIEW is only being traded on two small low-liquidity exchanges. Nonetheless, I wanted to ask the community if these low prices reflect anything real or true about the Viewly project, or if they're more likely just a reflection of the general contraction we've seen in the past months in the cryptocurrency world. ## Has something gone terribly wrong with Viewly?

^{Disclaimer, for those who worry about these sorts of things: I am long VIEW.}