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Review on eLTC by Danh Huỳnh Ngọc Công

Revainrating 1 out of 5

eLTC is an ingedient of the scammy airdrop series in 2017, making a lot of…

eLTC is an ingedient of the scammy airdrop series in 2017, making a lot of people losing their money. Cryptocurrency investors are advised to stay away from it if they don't want to face with possible financial problems. The case of this token is very effective to educate people about how easy the scammy can hook their attention.



Updated 5 years ago
Rating has not been changed
2019: It has been two years but no development or announcement from the team was made. The project is officially dead!



Pros
  • - Being a token on Ethereum blockchain, eLTC is secure by a strong network of many nodes - It is tradable on some exchanges such as EtherDelta or ForkDelta - It is on Coinmarketcap currently
Cons
  • - The token is one of hundreds normal tokens created during the e-token madness in 2017 - The source code of eLTC is said to be flawful which allows the creators to create as many tokens as they want - The developers announced that eLTC was abandoned - No use-cases or real world application was available - It has no liquidity as the volume is extremely low - There is no backers or community to support its growth - No white paper, no road map, no regulated documents is available - No social media channels is active