PrimeStone (PSC)

Confidence: 38%


PrimeStone (PSC) - Reviews & Ratings

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avatar CryptoBox 23 rated: April 21, 2019 09:38:36

The review above focused on their logo which shows the lack of depth in this project.  Everything on the website shows 2017 ICO with no real focus on a business product other than being in the crypto space.  The ERC-20 and "blockchain for anything" business model died in July 2018 when the long awaited dApps on Ethereum never arrived.  

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avatar Crypto Bear 50 rated: April 04, 2019 09:06:09

Not a big fan of their logo, which doesn't seem very professional and might invoke the wrong sentiments about its legitimacy. Whitepaper seems fairly decent and so is the information about the project. There is some pre mining so that is a small negative, however it appears that the project is suffering from underfunding (so we can't yet say the premine was a cash grab) and their ambitions seem very high with them wanting to become also an ICO platform, user friendly token issuing and late down on the roadmap even a coin exchange that will enable paying with their coin anywhere, because their in-app exchange would convert their token to fiat for those transactions. Github shows at least recent activity, though the general activity is quite low on average. Still I can't really identify straight forward red flags so far, so let's give them the benefit of the doubt when it comes to confidence. Not giving any predictions on the merits of this project in terms of future viability, but at least I do not believe this is a scam waiting to exit. On the other hand don't be surprised of this project just fades away in oblivion if it doesn't get enough traction within a reasonable amount of time.

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