stellarowl12

"stellarowl12" 180 review

Member since: October 16, 2018

Biography:
Hi, I'm Satoshi Nakamoto! Craig Wright is an imposter!!


Bitcoin - BTC

Bitcoin, the granddaddy of them all. The most resilient crypto coin and also the one best suited to be hard money. It is both a store of value and a means of exchange at the same time. Right now the store of value part is the stronger point, but with 2nd layer solutions like Lightning Network, it will be super easy and fast to transfer Bitcoin like electronic cash as well. This is probably the only project with an anonymous founder that is still legit (Satoshi Nakamoto - no, not Craig Wright). Bitcoin spawned a ton of copycats, probably all of them you should steer clear from and just stick with the original - the only censorship resistant, hard money in the world.

review Bitcoin
Ethereum - ETH

I've long been a fan of Ethereum and the community's professional and collaborative approach. Ethereum is the pre-eminent smart contracts / Dapps platform in the crypto world and was the reason why there were so many newcomers into the crypto space in 2017/2018. Ethereum of course has its hurdles and roadblocks, but with so many smart people working on improving this platform daily, I have the utmost confidence that their approach will bring them to the promise land. And that promise land is building the world's decentralized super computer where anyone can interact with censorship resistant financial code.

review Ethereum
BTC Global -

This is definitely a huge scam that's plaguing newbies mostly OUTSIDE of the crypto world. This is like Bitconnect or Onecoin - getting people around the world via email chains or social media posts. It has all the classic elements of a ponzi scheme - binary trading, 14% weekly returns (yeah right), and a MLM referral type structure. Please everyone if you read this DO NOT throw your hard earned money into this scam. They've already been investigated and chased by authorities around the world as well, just look it up on Google. 

review BTC Global
Wixlar - WIX

Ok so to be fair, I don't think they are outright an exit scam. They have a real team, public videos showing the team, an active Telegram group, and a pretty fully fleshed out website. That being said, I don't think they need their own token except to fundraise. I'm also not sure how many of their numerous services are actually operational or being used by anyone. Why offer like 12 services/products and do it poorly? Why not focus on 1 at a time and get them proper adoption/exposure first? 


Edit: I read Dr. Doom's review and if most of those are true - false advertising, empty website pages, etc. then I have to move my rating 1 level Shadier. 

review Wixlar
OLXA - OLXA

Ok so I don't think this project is as bad as some of the other ones so I won't give it the worst rating. That said it's likely a misguided money grab - inadvertent  or advertent - who really knows. 

Dr. Doom covers a lot of the red flags already and I agree with most of them - they team does need to clean up those concerns to come across as a more serious project. 

I do like that the team is showing their identities publicly though. AdMyCash looks cool - no idea if anyone is using it though. But besides that I don't think many of their promises and "benefits" of their coin are actually true. They are mentioning those features just for marketing purposes. That's why I still think this project is shady and I personally would not invest in it. 

review OLXA
Tratin - TRAT

They market this coin like its a new cryptocurrency but its just an erc20 token. Fully minted, can't find any info about the team, "developers are volunteers", need I say more? 

review Tratin
Uptrennd - 1UP

I know the founder Jeff and he has a very public persona in the crypto space. He's the founder of the largest crypto Facebook group - Cryptocurrency Investing and asked me to try out the platform as well. I tried it out and everything works well - I'm rooting for them to get traction and take off so they can take on Steemit. I see nothing shady about this project, pretty legit in my opinion as a social network. 

review Uptrennd
Topinvestmentcoin - TICO

The name says it all. Focusing solely on the investment aspect of this coin instead of any potential innovation they are bringing to the table (little to none from what I can tell). 


This is an ERC20 token and the team held an ICO. They are based in Nigeria. 

Their website hasn't been updated in a while and their Telegram group that they link to on their website doesn't even exist... 100% scam in my book.

review Topinvestmentcoin
Useless Ethereum Token - UET

Loved this idea, too bad I didn't come up with it haha. It was hilarious, this guy told ppl explicitly NOT to buy his worthless token yet many people did. He also included a public estimate of how many flat-screen TVs he'd be able to buy from the "donations" people sent. Because of the radical honesty/transparency, I can't give this project too shady of a score. Yet it is anonymous and has no value except comedy so I can't give it the lowest Shady rating either!

review Useless Ethereum Token
OneCoin - ONE

Massive confirmed pyramid/ponzi scheme. Still noobs all over the world are apparently still falling for it. I won't write too much about this expect drop a few links from respected sources that should help convince you that it is a shady ponzi:

review OneCoin
Upfiring - UFR

This project is a BitTorrent competitor running on Ethereum. Unlike BitTorrent, they had a really small ICO and has focused on the product instead of generating hype/buzz. Their Dapp is live and usable right now, basically you get incentivized to "seed" torrent files for the P2P file-sharing network. Reason I'm putting *Slightly Shady* is because of the team's pretty secretive identities. 


Seems like the founder has since come public but the rest of the team is still hard to find out anything about them. They say it's because of the sensitive nature of the file-sharing industry, which makes sense to me. However after experiencing Confido and even Oyster Pearl have problems/exit-scams due to anonymous teams, I can't rate it a "Not Shady At All" in good conscience.

review Upfiring
Chiliz - CHZ

This is a very interesting project with a legit existing partnership - Socios.com. They are doing tokenized voting rights starting with football teams. Reason I'm putting slightly shady is two-fold: 1) It remains to be seen the extent of voting rights for major football clubs and whether more clubs will join this model and 2) they are using private blockchain Proof of Authority instead of public blockchain on open Ethereum. (they have ERC20 token) Oh but I do like that they didn't need a public sale at all though. Only private sale and airdrops. Public sales = higher chances of hurting the public.

review Chiliz
XTRABYTES - XBY

Once again a project where the founders are most likely pulling an exit scam. They have removed all signs of the project from their social media accounts (Linkedin, Twitter, etc.). Plus a lot of their core team members are anonymous. Yet again another blockchain 3.0 project promising a lot but failing to deliver. Stay far away.

review XTRABYTES
Quant - QNT

Wow just came across this project that had an ICO in the deepest part of the bear market but was still able to sell their tokens and also get quite a bit of appreciation since then. This project is similar to ICON, Wanchain, Polkadot, Cosmos, etc. -- it has to do with blockchain "interoperability" -- making all the different blockchains work together. They are based in the UK and seem to have a legit and strong team. I don't know if we need so many different interoperability projects though, we need some killer dapps first. That said I think this project is legit, not shady at all.

review Quant
Holochain - HOT

This project is one of those new-age ones in the crypto space that aren't even that similar to other projects. It isn't using blockchain per-se and it is trying to build infrastructure for the decentralized internet. A lot of buzz-words and HIGH ambition. At least they are real people working on the project and their GitHub is active. So I'll give them the benefit of the doubt for now. But... do they really need a token, especially if they aren't using blockchain??

review Holochain
Holochain - HOT

This project is one of those new-age ones in the crypto space that aren't even that similar to other projects. It isn't using blockchain per-se and it is trying to build infrastructure for the decentralized internet. A lot of buzz-words and HIGH ambition. At least they are real people working on the project and their GitHub is active. So I'll give them the benefit of the doubt for now.

review Holochain
BitTorrent - BTT

Honestly, I like the concept of using a token to incentivize seeders in the BitTorrent file sharing ecosystem. However, this screams of a money grab by Justin Sun and Tron. Cool that they bought out BitTorrent, but why not just utilize TRX for this project? They want to print more money and turns out only whales were able to get in on the ICO held on Binance. I just don't have a good feeling surrounding this project.

review BitTorrent
TRON - TRX

On the one hand, Tron is super active and trying to find mainstream adoption use cases in crypto. On the other hand, their CEO Justin Sun shills like no other, bought BitTorrent with Tron proceeds, and has been accused of engaging in a Pump and Dump scheme with Binance.... There are better projects out there that are Tron competitors imho.

review TRON
Bitcoin HEX - BHX

This is Richard Heart's shitcoin if you don't know him, just look him up on YouTube... also the basic gist of this is to give all Bitcoin holders an airdrop as an ERC20 token. But if you don't claim your BHX then they go into an unclaimed pool which gets distributed over time to all HODLers. Heart says that all the unclaimed ones like Satoshis or Mt. Gox funds wont be dumped on people in his coin. Sounds to me like he wants to dump on ppl with his own new coin...

review Bitcoin HEX
TenX - PAY

So this was one of the most respected and hyped projects actually. They initially had a crypto debit card which everyone in the crypto space wanted. But after it was in circulation for a bit they got cut by Visa I believe and then there were no more cards. They also worked on a few other things like the COMIT protocol but I'm not sure if those ever got released or took off... Finally their loud and public co-founder Julian Hosp recently left the company in Jan. 2019. This could be taken as good OR bad but I think it's bad. If he wasn't taking the whole thing seriously or wasn't equipped to lead the company then they never should have been where they were before....

review TenX
Ethereum Classic - ETC

So this project split from Ethereum (ETH) when its supporters refused to support the DAO hard fork to return the hacked funds from the smart contract. "Code is law" they said - which kind of means no hard forks (planned or otherwise). However in mid-January 2019 they underwent a 51% attack and large blockchain re-org. Which means double spend attacks successfully happened and exchanges were forced to pause transactions regarding ETC and take much longer confirmation times. This looks especially bad since some of the dev teams haven't been as active lately and took quite a while for the ETC community to notice what was going on... I'd steer clear.

review Ethereum Classic
Substratum - SUB

This project was once super hyped up, even by the largest influencers like DataDash. Their goal of creating a more "open" Internet made every one excited in this age of censorship and net neutrality drama. However, they have not delivered on their roadmap goals at all and recently they have held a 2nd ICO which many ppl think is just a huge cash grab (especially since they aren't even accepting SUB tokens for their 2nd ICO).

review Substratum
Paragon - PRG

Met the CEO Jessica Versteeg in person and she's a true crypto believer. They have Paragon office spaces and have achieved parts of their roadmap as well. Unfortunately, the SEC had to make an example of their ICO being unregistered securities so they had to pay back their investors but I'm still rooting for them to succeed and to build a weed ecosystem with crypto.

review Paragon
Bytecoin - BCN

Honestly, I don't see why people continue to invest in this project. There are way better ones (without all the negatives) in the crypto space that serve the same purpose - privacy/anonymity. Go with Monero/Zcash instead.

review Bytecoin
Bitcoin Cash - BCH

Bitcoin Cash in and of itself isn't that bad but they have a lot of bad actors surrounding it. For example, Roger Ver often tries to convince newbies that Bitcoin Cash is actually the "Real Bitcoin" and many people end up buying a Bitcoin that they did not mean to in the first place. On top of that BCH happened due to a hard fork which is a pretty nuclear option in the eyes of many old school crypto proponents.

review Bitcoin Cash

Questions or suggestions?