The first reason for not to trust in a project like xsCoin is that this company tells is new users to confirm and look for content about them from the public opinion instead of providing reliable and substantial information to support themselves. The rating it has received from its audience is very little, and in general, most of the users do not recommend to work with this payments network.
The purpose of this network is not very clear. Users just know it was founded to be a channel of transmissions for payments among a cooperative interaction of users. It might be part of a digital business with no clear advantages, and benefits.
Moreover, the last developments that affected this blockchain were launched this year. They have not even a semester of being functional, and this makes it difficult to believe it might have a great trajectory. Users must let the platform works by itself, but this is not the ideal option.
Many other users have opted for saying that it is a scam project. It might that way if researchers analyze it in more detail. It has low features well-developed. The quality of the project is just superficial. The outcomes are not provided by the company, like the ones in charge of it, but for users who don't recommend it.
Personally, this is another bad investment that is affecting the data of memory scattered on the internet, and it might be a big risk for many users. They must not put any type of personal information on the platform, even if the system asks to log in. The best thing is to keep away from it.