Crypto Hunter’s profile 16
Member since: May 31, 2019
Review Date: June 03, 2019 09:58:52
TORChain its time for a review on TORCain (TORC) lets start on etherscan. contract address: 0x4f5f2EEA4ED3485E5e23a39704d5fD9d0A423886 no links on etherscan. thats un-professional. gives the project a minus strait of. when i examine the smart contract i find a standard erc20 token containing 204 lines of code. Nothing strange here. website: https://torchain.xyz the website have a modern design. bitcointalk: regarding the team there is pictures and names. how ever this is all fake. pics is stolen from doctors, actors from around the internet CEO Denzel Chris= Mikhail Varshavski lol Dr.Mike https://www.instagram.com/doctor.mike/?hl=en Emily Zack = Jennifer Layne Park https://www.imdb.com/name/nm1720132/ all fake of course socialmedia: twitter account shut down by twitter at the time of review. telegram channel: is activ and in a ok state, with 3000+ members torchain claiming to have anonymity encryption. after reviewing the erc20 token contract its clear that this is no special coding for anonymity it is just a standard erc20 token. TORChain token is beeing listed by coineal.com i don´t undestand why that exchange list this project. it can´t be good for their reputation. Whitepaper: the white paper is written in a way to deceive investors. only 6 pages including pictures. just a lot of words you cant get anything rational out of it. Summation: Reading the bitcointalk and whitepaper you get the impression of a small team concisting of crypto scamers. If i was to pace my money in a small cap project i whould NEVER invest in this one. Maybe they can create a few Pumps and erly investors might get some money, but i don't want to make someone else the victim. Please avoid if you share my mindset!
Review Date: May 31, 2019 20:07:59
Review of Regium (REGI) contract address: 0x9996a0b4d0d7ed1b7e41ad08bdc4acb198e232a9 The token team say that they aiming to be the bridge in to crypto trading for beginners, and it seems as they have done a page on the website dedicated to crypto beginners filled with useful links and info free to use. This project claims that it´s aims to be integrated in several crypto card platforms. The coin have some business partners visible on their website, seems legit, links and claims checks out and i fond them as partners with such companys. However the site is not fancy, lets call it strait forward at best. Team is decentralized, and not visible on photos on the site. This is of course negative, however the team explains in clear text on the "about" page on website, that they are not professional crypto developers, but a small team of enthusiast with love for crypto. (Honesty is always valuebal in my book. and makes up for some of the negativ points). The Regium coin is low supply 7,2Millions and have a low circulating supply, (at the moment of the rewiev only 400,000 coins, verified on etherscan). If the intent Was to scam they would throw millions of coins on exchanges and move on, but it seems like this is a genuine crypto loving crew. In the well written 25 pages but not professionally produced whitepaper, you can read about token distribution. Team have so far followed their token distribution accordingly to whitepaper. At the time of writing only 400k circulating. Team say that they won't distribute more tokens to the market then traders can absorbe. which i could easily verify with a simple search on etherscan. The token have a fairly active community on telegram witch seams legit. twitter channel gives a ok impression. The token have recently had a airdrop withch gave a turbulent market of irregular trades witch can be studied on the crypto price aggregators such as coingecko and coinpaprika. The turbulent price can of benefit to those who like to invest in a low cap low supply coin. For a coin/token that started without ico and with a team that funded all promotions and exchange listings from there own pockets, this project seems to have manage ok. They are listed in a few exchanges with a small but healthy daily volume for a project of this size. The bitcointalk thread looks very basic. But if the team is´nt PR professionals what can you expect. Summation: Reading the bitcointalk and whitepaper you get the impression of a small team concisting of crypto enthusiasts that love crypto and whant´s to build a successful project, and i think they seems genuine and trustworthy. If i was to pace my money in a small cap project i could as well invest in this. what a heck, maybe i throw in a $100 just to see how this turns out.