Review on e-Chat by Mehdi hazni
ECHT
I am writing this review based entirely on my personal experience because I have lost in this project. Because the project and its tokens were to be submitted by a fairly well-known messenger company, I participated in the project ICO and purchased about $ 16 of its tokens (this is from a few years ago).
Most investors were waiting for listing in a good exchange like binance, but this project only listed tokens in the yobit exchange, if it could select more famous exchanges with the funds it had raised in the ICO. It could not even be listed on coinmarketcap for a long time, and it happened a few years later.
I received the tokens in my ERC20 Wallet and when I saw the pair on yobit I noticed that the price had dropped drastically compared to the price offered at the ICO. As you probably know, transferring tokens from an ERC20 wallet requires a fee of approximately $ 1 (depending on network congestion). The price of ECHT was so low that my fee for sending them to the exchange was more than the price of about 20 tokens (which I paid about $ 16) and I did not do that and after a few years those tokens are still in my ERC20 Wallet There is a photo of it below. You can also see the price image of each token in its ICO in another photo.
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Pros
- Introduced by the company a relatively famous messenger
Cons
- After the pre-sale, the price dropped sharply, which means that only this team held the ICO in order to raise capital.
- Only two exchanges were listed, which are not very popular exchanges (compared to binance, bittrex, okex, etc.)
- Extremely low daily trading volume (almost none)
