Edcash (EDC)


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Edcash (EDC) - Reviews & Ratings

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avatar Fiat Daily 107 rated: March 06, 2019 03:39:31

Isn't this a fork after all, it is basically green protocol copy/pasted? And also there is a mention of presale in the whitepaper and (vague undated) roadmap, which leads me to believe that it might be an ICO. Not sure exactly what the money grab model is here, although if they did an ICO, then that must have been it. 

Team is apparently Brazilian and they didn't take the trouble of providing reasonable translations. Website and whitepaper very hard to read. And you can download the "Papper wallet" lol. 

The whitepaper includes terms that refer to investment purchases, which strengthens the suspicion of ICO fundraise. Whitepaper is really horribly bad (apart from the rough translation), provides little to no substance to the merit of the project itself other than what was already the Green protocol and bitcoin itself. 

It doesn't appear on CMC, but it does on a few other smaller coinlisting sites; there you will find that it is only listed on small shady exchanges, in oct18 it had an ath, -99.7% drop since then, trading volume 46.- (yes, you read that right). So I think that if there are any investors in this project, they are not so happy right now.

On Twitter they are mostly shilling about coinprice, exchange listings, masternodes, etc, such as:

"soon our masternode will increase from 2500 coins to 25k coins. do not waste time, buy EDCASH now" 


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avatar Crypto Anonymous 186 rated: March 06, 2019 03:23:03

Zero innovation on this Brazilian copycat of the already questionable Bitcoin Green project (Green Protocol). Even the Readme text is precisely the same as for EDCash as it is for the Green Protocol. Team consists of 3 people according to the website, that are completely anonymous (only avatars). Team is 1 business manager (description: "public relations) and 2 developers, also without background information at all. 

Seems like worthless vaporware to me, trying to bank somehow on Brazilian speaking population. I don't trust this at all!

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