ok i will bite.

1) there are no independent verifiable evidences that show that these 'ex-alibaba' devs are as impressive as Justin Sun has claimed.

2)It has been shown that, consistently, that the importance/hype of these partnerships are overrated and overpromoted. Peiwo is another company founded by Justin Sun, he also owns a part of Game.com. Baofeng is not even the top 10 streaming company in China. Obike, it's Chinese Market(the biggest one) is imploding. The new exhanges liested by Sun werent even that big....

3)Beling listed on Kucoin does not neccasry means it will help the coin in the long term, remember Bitcoin Cash after it got listed on coinbase?