Crypto Bear posted on April 04, 2019 09:43:16
Big nothing erc20 token! Very young project so very little information available to work with. Github account opened like last month, so nothing much to say about that. Project claims to be the solution for the unbanked in south america. Not any information is provided on how this standard ERC20 token is supposed to be uniquely positioned to achieve that noble mission.
No whitepaper: if you click on the whitepaper link, you will be just redirected to the homepage.
"Our services" lists nothing more than what every erc20 token inherently can do by itself.
"Our benefits": scalable, flexible and usable are also just buzz words with not any substance. "Big rewards for merchants" is presented as "zero cost transactions" (which is somewhat deceptive and again refers to an inherent characteristic of erc20 tokens. Further they claim 30 million potential customers in South America, without any explanation on where those customers are supposed to come from.
Airdrop token and they seem to be doing an ICO later this year. Yet according to their own writing the token is already tradable via Coinjar and forkdelta, which seems odd for a project that is still going to do an ICO.
Long story short: this looks like one of the thousands cash grab erc20 tokens that try to bank on unknowledgeable people. The project doesn't seem to be planning to provide any substantial value that would be represented with the token, so paying money for this token doesn't seem the best decision.