To be honest, selling the Loyyal assets for $250K is a smart move. Aside from the patent (which has uncertain value, since it hasn't been litigated or, to my knowledge, licensed by anyone) the Loyyal assets are probably worthless or even have negative value.
If I ran a team of developers working on a blockchain project, and was offered a choice of using a healthy source base from one of the major open-source block chain efforts (most of which have >10 big-name corporate users), or the rotted codebase from Loyyal that has zero current users and hasn't been worked on by the original developers in months or even years, I think you'd have to pay me to use Loyyal's stuff.
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