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Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Ethereum Lite by LUIS RIVERO R

Revainrating 1 out of 5

According to the bitcointalk site data this cryptocurrency is a payment token…

According to the bitcointalk site data this cryptocurrency is a payment token and is intended to be used as any currency, this path that has taken this project is very saturated since there are many cryptocurrencies that are for payments. However the developer disappeared as in 2017, all people who bought this token lost their money, this list in one of the most questioned exchanges in the world of cryptocurrencies as it is Yobit has a bad reputation of listing scams. In conclusion this is a scam plus there are many tests that prove it as such, the developer was the only one who managed the funds and social networks as well as the telegram account. It is sad to know that there are people who are dedicated to cheating by subtracting credibility to cryptocurrencies. I am a fervent believer in the advances that the decentralization will have for the world but for things like these the foundations that support the whole project and what bitcoin means are lost.



Pros
  • FRAUD. WITHOUT BENEFITS, ALL THOSE WHO ACQUIRED THE TOKEN LOST THEIR FUNDS.
Cons
  • Official page not available. It is only listed in yobit. without official information. no volume data per transaction. The developer disappeared with the project funds. backless. scam project.