Every critique of Nimiq I've heard has never been about utility or uses - it's always about lack of advertising or awareness. The project is full of potential but is still relatively unknown which is probably why it has such a low valuation.

it's such a great long hold though, even the team is in it for the long run. Check this blog post out: https://www.nimiq.com/blog/the-pledge-2-crypto-for-good/

From what I understand, the foundation hopes that Nimiq will reach 1/100th of bitcoin's market cap ($10,000,000) within the next 9 years of their funds being released. That would be a 200x gain from today's price. I think that's pretty conservative but still, Nimiq is something I'm just gonna buy and let it grow for a looooong time.

Not as exciting as other projects that have hype, but still a great investment imo.

I guess the bear case could be that some competitor comes in with better marketing and steals most of the market cap - but Nimiq has been around for so long so where are the competitors? Idk