Review on LoMoCoin by Douglas Cachazo
LoMoCoin: Asian project successful at the beginning but currently in abandonment.
Yet another project that goes on the unwanted list of, was initially successful but had a strong fall, they tried to make changes and revitalize the project but could not avoid its fall. They even changed their website and name to LoMoStar. They wanted a new monetary social model providing advertisements and brands to help improve the relationship between the company and the consumer universe. This platform that operated under blockchain had a trading activity and dapps development. Its developments were for mobile phones, on March 6, 2018 its cryptocurrency LoMoCoin (LMC) had a 300% fall and from there it came into free fall, currently it is worth nothing and apparently it is inactive. Project for the list of abandoned and forgotten.
Pros
- Successful in its start with good expectations
- Something was developed for mobile
Cons
- Project came to an end. Out of activity.
