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Review on Einsteinium by Ali Huseynov

Revainrating 5 out of 5

This review is about Einstenium crypto

Hello dears. This is my review about Einstenium crypto, not the chemical element. This name selection is good in my opinion. It takes its name from the element named after genius Albert Einstein. Let's talk more deeply.

Einsteinium can be summarized as follows: Someone took Bitcoin , combined this business with non-profit business purely for charity, and EMC2 emerged.

Einsteinium takes its name from the Einsteinium element, and its token EMC2 is derived from Albert Einstein's famous E=mc2 formula.

As can be understood from the above definition, it is Bitcoin-based. Its purpose is to fund scientific projects and research.

EMC2, a cryptocurrency owned by the Einsteinium Foundation, 2.5% of each block reward goes to the foundation, 2% to financial and scientific research, and 0.5% to marketing and advertising costs.

Apart from funding scientific research and projects, the foundation's long-term goals include establishing its own schools.

They claim to have spent 16 million EMC2s on scientific projects so far.

allegations of fraud

There are several important claims about Einsteinium that have not been clarified yet.

The first of these is that they made a statement weeks ago that "we will make an announcement that will blow everyone's mind on December 19", after this statement, the extraordinary rise in the price and then the announcement that the announcement was only about the change of the mining algorithm and the price showed a huge decrease.

Before this announcement, the price was hovering around $0.5. The price, which rose as high as $2.74 with the announcement made at the beginning of the month, regressed to $0.9 after meeting the expectation.

While thousands of people took losses, the team was accused of manipulating the market with speculative senses.

On the other hand, Einsteinium does not already have a goal to bring innovation to the technology of cryptocurrencies. They have only undertaken the mission of being a charity. Therefore, the value of Einsteinium will not be measured by the innovations it will bring to crypto money technology, but by the value of the company and the projects invested.

How to get Einsteinium coin?

Einsteinium; It is traded on Bittrex, Poloniex and Cryptopia. If you decide to buy, you can buy on these exchanges. According to the latest data, 72 percent of EMC2's total trading volume is in Bittrex, while 26% is in Poloniex.

Pros
  • it can be traded in many platforms
Cons
  • nothing for right now