I did some research on this project.But I couldn’t find enough information about the project on any platform. That is, it is impossible to know why and for what purpose the project was created.
The website that has been running this project for a long time now does not support it, i.e. when I logged in to the website, I came across a post saying that this page was not found. In addition, although there are updates on Twitter, these changes are not often shared. I have not seen a link confirming the identity of the team that created the project.
Currently, the EDS cryptocurrency is only supported by one exchange. But I think the price of this token seems cheap. However, I think the transaction volume is very high and at the same time enough liquidity.
Although some reports suggest that the website has been updated, I can say that I do not believe this information, because the website mentioned did not work when I tried to access it several times. But I don't think the project looks dangerous, but buying this cryptocurrency doesn't seem dangerous.