Review on Five Star Coin Pro by gregori cordova
another of the dead cryptocurrencies that failed in the attempt to enter the market
Five Star Coin was a platform that aimed to provide easy-to-use, secure and efficient e-commerce, payment and banking solutions based on blockchain technology, and backed by its own token (Five Star Coin Pro (FSCP) .FSCP had as an objective to provide the necessary confidence for a massive acceptance as a means of exchange using its cryptocurrency as a store of value. Some of the key characteristics of this project were: to achieve instant P2P payment methods with very low prices, they had mobile applications for all platforms, being the most advanced Exchange under blockchain technology, and had their own wallet.
This project aimed to revolutionize the global electronic commerce industry, which is more than 2 trillion dollars, and make it more accessible to the retail industry, taking advantage of the decentralized blockchain technology that brings excellent opportunities for the society where everyone can take part.
The project's cryptocurrency payment processor will allow people to use cryptocurrencies for all types of payments and instantly when paying with FSCP token without the need to do other steps.
They had a team of professionals and experts dedicated to the development of a project that would have a very prominent future in a market that was growing exponentially.
But as you can see, it was a very ambitious project, and there are already a large number of successful projects on the market offering similar characteristics, which made this project not move forward and did not achieve public receptivity. In addition, there was a lot of distrust since it was not listed in any Exchange, only in its own platform, something that generated disbelief in the project, which was not successful and is considered a dead project of the many that have failed in the attempt to enter the market
Pros
- the only positive aspect is that they failed to scam anyone
Cons
- Their cryptocurrency was not listed on any Exchange
- Despite having a well-detailed whitepaper, they never achieved anything they promised
- Their social networks are closed and they did not have a very large community
- FSCP Already considered a dead cryptocurrency
