Confidence: 88%


BOMB (BOMB) - Reviews & Ratings

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avatar jim530 21 rated: April 12, 2019 13:41:57

I think they are honest but do not understand why it would have any value with no potential use, but it is an experiment after all so we will see how it goes.

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avatar Luke B 19 rated: March 23, 2019 05:59:40

Great project been around since wave 2! their telegram is Lit!! definitely a great concept for a project and i will be holding my Bomb tokens till the end!! haha unless they make me a Mil haha great idea and great community too! not shady at all as they are very public with their info and whats going on! :)

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avatar Crypto Anonymous 186 rated: March 12, 2019 01:38:53

I think there is a lot more to criticize this project on in terms of its merits rather than if it is shady or not. Considering the focus this reviewing platform I will only look at its trustworthiness. It seems this team is quite upfront about their intentions and that is a social experiment. They are clear that they don't aim to be a transactional currency, but rather focus on store of value. They don't promise high profits and didn't do an ico, instead giveaway all coins. Interesting concept that they try to experiment with a true deflationary currency, because 1% of coins is burned of each transaction. They seemed to have developed a passionate community around the project. However that is not yet reflected in trading volume on the only decentralized exchange (DDEX) that they are listed on.

However there are just a few minor points that I think are a bit disappointing:
- no technical whitepaper available: but they claim that other things are more important than a fancy worded whitepaper (which is an argument that could be defended)
- although they didn't ICO or fundraise, they do have allocated themselves 10% of initial supply, which means they do try to print their own money.

The last point is the only real criticism that I have towards the project in terms of shadiness. However the value proposition of this token is a whole other discussion that I think any investor should look at with a lot of scrutiny. I do not personally see any value nor purpose with this token other than a fun project and social experiment, but who knows, Dodgecoin also became quite a valuable project despite it being a joke/meme coin, partly because of the strong community behind it. But once again that is another discussion.

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avatar Crypto Chick 50 rated: March 11, 2019 09:31:47

I like this coin because it is very unique. No other coin is truly deflationary! Also Crypto Zombie covered it on his YouTube channel and I trust him a lot. And Meredith Darden is an advisor and I have been following her for a long time. :)

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