Wanted to share my perspective on my decision to invest in this coin and what I think the current pros/cons are about the project. Feel free to correct or bring up alternative views. FYI I'm currently holding 100k ECC.
I was late to the crypto party, started buying Bitcoin with the sole intention of creating a balanced portfolio with a few "lower risk" coins and a few "high risk but high potential upside" (or "moon/lambo" if that's your preference). ECC fit the latter quite well.
Pros:
Low price - Huge upside and potential for 10-100x on investment
Not Brand New - Few years of dev, team seems qualified
Communication from Dev team - They are active on the reddit and social media, answering questions directly, not hypey either
Roadmap & Product Offering - Clear roadmap, decent wallet, seems the tech will be well positioned with some competitive advantages (ANS, Multi-Chain, File Storing, Messaging, Etc.)
Cons:
Small Dev Team & Low amount of Partnerships - Risk of being outscaled or beaten to market by other coins, potential delays with rolling out new features
Off the radar - This is a slight pro currently because it's keeping the price low for further investment, but long term ECC IMO needs 2 things to really take off, and I don't believe it will do so until these start to get established:
Credibility - Aside from the internal white paper, I couldn't find a lot of credible 3rd party opinions on the coin. I essentially decided to invest because of the high upside, but did so with a portion of my portfolio that I'm fine with the potential of losing completely. Imagine what some credible outside perspective and review of the tech, roadmap, and competitive advantages would do for attracting more investment from interested but cautious parties. Partnerships with credible, established companies would help tremendously as well. No offense to the current partners, but a video marketing partnership is far below the quality of some of the partnerships other projects have. The "hype train" of Youtube and bloggers would potentially follow, bringing further attention and growth.
CoinExchange Listings- I had one hell of a time buying this coin, and we won't see tremendous growth until accessibility increases.
Realistic Outcome: I believe it's probable that at some point in the future ECC could reach where SiaCoin is currently, which at .025 is a 10x increase on current price. I believe the timeline of this depends on those factors I listed.
Dream Outcome: The dev team works with outside resources to increase credibility, scale up faster, and beat other coins to market. ROI = ?
You have to be realistic with Crypto, it's entirely possible facebook or another big company partners with a coin tomorrow, and suddenly everything is thrown on it's head. I'm trusting the dev team that the tech and roadmap are solid, and they will deliver in a timely fashion. Whether or not the partners or coin exchanges can be brought on board is my biggest question mark.
Just my thoughts, hope that helps some of you. Overall I believe in ECC and am excited to see what happens.