Review on 1irstGold by Navruza Saitkulova
If you have 1gram of gold, you can invest in token
I noticed that this project was launched differently from some other projects. So, as the name suggests, they aimed to make the token they put on the market more widespread in the world, but the difference was to ensure that the value of the token has the same value as 1 gram of gold. Moreover, it was to enable users to exchange this token for gold in many ATMs in many countries. However, as far as I know, it seems to be a project known by very few countries at the moment.
The website of the project looks really cool and impressive, I think it will be very attractive even to users who have already started the promotional article. As with some of the other projects, information about the developer team was provided, but I could not see any links to confirm that this is a real person. In addition, there are very few followers on social media accounts.
As you know, with the increase in gold price recently, the value of 1GOLD token continues to increase every day. Moreover, it is possible to trade this token for several cryptocurrencies. Despite this, the token is only listed on 2 different exchanges and its liquidity does not seem sufficient. However, as I mentioned above, the transaction volume seems high when I look at some of the other indicators due to its high value.
In general, my opinion is that I do not find this project safe for now, so I have some doubts in me. Only after I have developed some more research I can decide to invest in token
Pros
- It has a cool web design
- transaction volume is high
- a very valuable token
- trading pair too
Cons
- I could not find the link of the developers
- It is rarely shared on Twitter
- low liquidity
- Only 2 of them are traded on the stock exchange
