I think that's generous - using a java 32-bit integer to emulate a single 'trit' in your software stack is bound to be hysterically less efficient, and effectively rule out any embedded/IoT use.
I know the stock answer to that was "we're working on ternary hardware too", but that just adds more questions - why are you redesigning the world from the ground up here? Are you going to rewrite entire embedded operating systems in ternary when you have this chip? How on earth is that going to help adoption by developers?
> Didn't stop them from making a fortune with pre-mined coins during the cryptocurrency boom.
Indeed, and there was some sort of spat a few weeks ago that likely saw at least one of the founders continue to fleece the community.