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Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Quanta Utility Token by LUIS RIVERO R

Revainrating 1 out of 5

Recently a rebrand was made for this project, I still want to.

This is a Blockchain ecosystem that works by integrating the Quanta token, the purpose of the services offered by this service is to be a totally decentralized network of games, such as lottery that according to Quanta they have already put it into practice, they leverage the lottery already which is a market that grows every year around the world and many people distrust current systems and blockchains could give it a new approach.
It is in development from 2016-2017, although at that time they had nothing to do with blockchain but they have not yet launched their project globally, there is no Dapp or related application on this project.
What is really worrisome and that I have noticed with other projects is happening with this one and it is the following: recently a trademark change was made, and the name change of the tokens and the launch of new features. This leads to the following conclusion, what was previously promised was not developed or fulfilled since it did not generate enough interest and now important changes are being made which generates distrust, most of the projects that do this generally disappear after a few months of supposedly hard work.
Some of the members of this team are verified so it only remains to hope that they really develop their idea.
FINAL RATING: HIGH RISK SCAM PROJECT.
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Pros
  • Players have the possibility to question the results and have them put to a vote.
  • The funds will always be distributed and they will be able to audit the processes.
  • Global availability.
Cons
  • This ecosystem is not yet available.
  • No exchange transactions in the last few months (this in decentralized exchanges)
  • Not listed on exchanges according to coinmarketcap and other explorers.
  • The above pros are rendered ineffective due to your new business model.