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Navruza Saitkulova photo
İstanbul
4 Level
306 Review
868.75 Karma

Review on Defis by Navruza Saitkulova

Revainrating 2 out of 5

Although it is a new project, it may have been abandoned

Not long ago the project was launched, so it was created only recently. The service provided by the project claims that we offer a reward when we make a transaction in the defis wallet, which is the wallet of this project, anonymously, that is, when we deposit crypto currency into the wallet or exchange transactions.
The website of the project has links to download the wallet application that is compatible with different devices without any information about it, I think it seems risky to download this application without prior knowledge. Also, I could not find information about the developers of the project. In addition, the fact that the social media accounts of the project have not published new posts for a few months suggests that the project has been abandoned. But I'm not sure. The Defis application personally causes my device to get very rigid and freeze, so it looks like a heavy application. In addition, I think there are very few crypto currencies supported in it. After all, many such projects are available on the market and there are some that offer better service.
The XGM token released by this project is listed on several exchanges, but its value is very low. In addition, the token's transaction volume and liquidity appear to be very low.
So overall the project seems to have failed to gather enough user community, so I think it was abandoned for this reason. Before investing in a markup, you should do research and it is important that you verify the missing information I mentioned above



Pros
  • It is listed on several exchanges
  • I like the interface of the Defis application
Cons
  • low value token
  • There has been no sharing on social media accounts for a few months
  • I could not find information about developers
  • transaction volume is low
  • low liquidity