Review on UNICORN Token by Navruza Saitkulova
Although it seems useful at first, it is now an out of service project
The purpose of the project seemed very serious when it was first released in 2019, but it managed to attract only a few users. He claimed that the aim of the project was to make use of the token on the ordinary, ie cross-chain, like many other projects. Since then, I have been following the project and the status of the project now seems to be out of service.
The main reason for me to think about this is that the website is now out of service, even when it was open, detailed information was not provided. In addition, I must say that the social media accounts of the project have been removed. So there is no active link for the project at the moment.
The token they have released under the name of UNI seems to be still in use. Because the token has a large supply in circulation. In addition, although only one is traded on an exchange, it can be exchanged with 2 different cryptocurrencies. However, when I looked at the graphics, I saw that the token suddenly lost value after the first launch. In the meantime, I made a little investment and lost money while thinking that I would make a profit, I think that all users who invested at that time probably experienced the same victimization. Since then, the token's value appears to be very low and not rising at all.
Pros
- There is a lot of supply in circulation
- transaction volume seems high
Cons
- website does not work
- social media accounts were deleted
- The value of the token suddenly dropped after the initial launch
- can only be traded on one exchange
- I lost some money when I invested in tokens
