Review on LGBTQ Network Foundation by Robiul Islam



This is my low-rated review about LGBTQ, although they are not yet fully functional, but due to the lack of project documentation and a little detail in the whitepaper, I have put it down a bit. But to be honest, I really like the concept of the project, if the project can launch its application, it may gain popularity in the future. Perhaps no such initiative has ever been taken with the Rainbow people before.



The general consensus.

The Internet is a great resource that is continuously developing, from connection speed to the types of content that can be shared, to mechanisms for interacting with people and sharing information. With LGBTQ, Rainbow peoples will be able to use this microblogging app in any language. It will allow users to speak with one another through the app and express their personal or general views. Since the project is still in the private sale stage, much hope will not be forthcoming.



Potential for growth.

LGBTQ has already grown quite a large community so the chances are probably quite high, they are working on an application that will focus on social media functionality, so it will be difficult to say whether they will survive in this competitive market. But based on some of their partnerships and token sales, I can say that the project is somewhat promising.



Token sale overview.

LGBTQ is an ERC-20 based token, its token supply is very low, if I take you to their private, they have already sold 79,000,000 LGBTQ tokens which is a really good indication. The first round of their private sale is not over, they are selling tokens on their website, and they have kept all transactions pretty clean. You can buy tokens with Uniswap which means you can buy LGBTQ with most crypto.



Concerns and risks.

The main reason for giving a low rating to LGBTQ project is their concerns:

• Firstly their website, they have created a website that can make even a child, there is no touch of professionalism there.
• Secondly their roadmap, they have no clear roadmap, no update on project development seen on the website.
• Thirdly their team, the success of each project depends on a good team, the LGBTQ team they have displayed on the website is very suspicious.
• Fourth, in their whitepaper, they have given the details of the whole project in just one page, which never indicates a good project.

I'm required to say that this kind of project collects funds and runs away from the project, it sounds bad but this is the reality, and this kind of project comes up in the crypto market all the time. However, it is just a warning, LGBTQ isn't such a bad project, but you should always do your research before investing in anything.



Overall, I believe if LGBTQ's Microblogging App comes to the market then it will definitely be an interesting app.



Note: I don't hold or purchase a single LGBTQ, this is a review of my personal opinion, if you are interested in any kind of investment, you must follow the Concerns and risks.