Review on FolmCoin by LUIS RIVERO R

Name: FolmCoin
Item: FolmCoin
Rating: 1

August 17, 2020

Scam, this project was declining to the point of mentioning that it was having problems with its blockchain.

On its official website is the notification of the closure of this project, without any additional information or explanation about the reasons for the termination of folmcoin.
Details of the exit of this project from the market.

The last update of repositories on Github was made in March 2019.
The last time your website was available was in July 2019, however there were no notifications or data of a project closure. (Some images taken from the web archive)
There is no activity on twitter since 2018.

About two years ago it was published on the official folmcoin reddit account that important changes were being made about various problems that its blockchain had had, that is, what led to the failure of this project was supposedly the blockchain and all the general network that presented serious problems.

A market strategy and roadmap was being relaunched.
New technologies were supposedly developed to integrate with this network.


In general, the main characteristic when a project indicates that it has many problems to maintain itself or that they will carry out a new relaunch of the project, I consider it a warning of exit from the market since it is simply showing that they no longer have money to continue maintaining their project, and more if it had a previous sale.
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