Review on Crowdholding by Jerry Siegel

Name: Crowdholding
Item: Crowdholding
Rating: 1

August 10, 2020

Why this project is in top-50 on Revain? Above LINK, NANO and others?

I was trying to understand, why this project was rated so high on Revain. And my best guess is that this project have questionable reviews all over the place. Let's dive into this project and understand why this is most likely scam.
Why I think this project is a scam:
First of all, I can't find the project's whitepaper on the official website, or anywhere on the internet whatsoever. You can only stumble upon their "about page" landing, which is not revealing the project's technical side at all. This is a huge red flag.
They also have "Our awesome partners" block on their website, which is stating that Google Developer Launchpad, BlockShow and Aeternity Ventures is their partners, and find it very hard to believe. There's no information on the internet that can justify this false information.
Community management:
Looking at their social media pages... It seems that their community management is indeed poor, or better yet... almost nonexistent. Where does team post regular updates? Last post on their twitter was January, since then - nothing.
Token performance:
If you really can call it that 😃 Trading volume has been close to $0 since the beginning of 2019. Last price move was on April and since then nothing, just a straight line. It's one of the strangest charts I have ever seen. It's somehow still listed on IDEX and even there it is actually not traded, with zero volume for a long time. It's a known fact that IDEX has many zero-liquidity tokens and hardly delists anything.
Conclusion:
I'm just stating the obvious and really trying to be polite. This is not looking healthy at all. Every user with at least a bit of common sense and experience in crypto will see that this project is a joke and doesn't deserve to be in Revain's top-50. To all the new people in crypto, I wouldn't advice to invest anything in YUP tokens.
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