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Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Connect Coin by LUIS RIVERO R

Revainrating 1 out of 5

Scam: it is still maintained in some exchanges avoid buying this token.

The main utility of this toke is to be a payment method between parties, especially between borders, totally far from traditional banks and financial services. Located in Tanzania, it was intended to be a payment and savings alternative. Fully designed so that all people in an equitable way started in the world of blockchain:
The tokes were migrated to a new ETH contract, it also has no movements in the last 41 days according to data in the block explorer.
Application only available for Apple devices, totally contrary to its fundamental role in its ICO since it would mainly be developed for people in Africa with cheap smartphones. (people who do not have a bank account will not have an iPhone either)
In your twitter account it is possible to verify some negative comments, also there is no notification of maintenance or liquidation
Telegram account without moderators currently full of people posting possible scams or their referral links.
In general, in its purpose it is sold as a revolutionary and inclusive one way but at the time of practice they created a token with no real utility, also running it in ethereum is not a good idea since to use these payment methods you must know how the first one works also the fees now get higher and it is less useful for quick payments. This project was always wrongly planned, what is mentioned on the page of its ICO, also they never met the goals on the established dates since they had to integrate their application for iOS and Android but the second was never developed and according to its roadmap in 2019 that process would be finished.
Final rating: scam, exchange delist, no apps released, currently no response from developers.
img 1 attached to Connect Coin review by LUIS RIVERO R



Pros
  • Without any positive data.
Cons
  • The official website of this project is not available.
  • A contract change was made on Ethereum.
  • Promises in his ICO were not kept.
  • Change of contract without prior notice to your Holders.
  • Removed from exchanges.
  • Daily volume barely exceeds $ 100.