Review on CBDAO by Navruza Saitkulova
I can say that the project left me with bad memories
I would like to talk about my views on this project that I knew a long time ago but which left me very bad memories. At first the purpose of the project seemed very attractive and indeed different from the others. However, I can say that I learned that not everything is as it seems, thanks to this project. In other words, the aim of the project, as the name suggests, claimed that DAOs were set up to test decentralized agreements, or in other words, contracts. This goal seemed to offer a safe space for customers.
Currently, the overall status of the project seems to be out of service. Because the official website of the project is not working, that is, it is closed. The only link we can reach to the project is social media accounts, but there is no active manager here either. They haven't posted any new posts for a long time already. Although information about the developers has been presented from the very beginning, I could not see a link to confirm this.
Nevertheless, I invested in this token because I thought I would really make a profit by investing in this token. Because the token was getting more valuable every day, but after a while I was losing money as the token's value suddenly dropped. After that, even now, the value of the token remains very low. Despite this, I can say that it really surprised me that the token is traded on several exchanges and in addition to this, its high trading volume. But my advice to users is not to invest in this token, the decision is yours
Pros
- transaction volume is high
- listed on several exchanges
Cons
- The website has stopped the service
- no active manager
- low value token
- I lost money by investing
