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LoMoCoin Review

12

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Followers 1

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Poor

Revainrating 2.5 out of 5  
Rating 
2.5
Crypto Projects

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Description of LoMoCoin

LoMo is heavily committed to its Research & Development process and to continuously improve its own blockchain technology. We have already (1) rewritten 90% of the Proof of Stake (PoS) blockchain packaging code, (2) realized an intelligent agreement support for our PoS mechanism, (3) started to pioneer with our sidechain technology, (4) offer an expansion on our self-adaptive trading capacity, and made effective blocksize and speed adjustments, together with many other technological achievements.

Reviews

Global ratings 12
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Type of review

Revainrating 1 out of 5

A Multi-Service Blockchain with Unclear Purposes

LoMoCoin is a recent project whose major task is to provide a multi-service network. It seems to be good, but I do not understand well what they are really looking for. I think the company should decide what field supports more because although all of them are based on modern technology, the project requires much research. It is possible that due to it, they have lost a global audience and rating. Raising and Falling Rapidly The company entered the market offering good developments for the…

Pros
  • They used to offer good Dapps and a pretty nice view for the mobile apps where all sections are organized following modern parameters.
  • Good support for the current technology tasks. All processes are done with an exhaustive assessment.
Cons
  • The company is in frequent development without finishing or advancing in their prior tasks and release sections.
  • It has lost sense on the market, and today users do not know what is the true purpose they serve. The assets support is also an unfinished task.
  • Lack of management and direction in every service they offer. Moreover, social media is not active, but full of fake investors.

Revainrating 1 out of 5

Lomocoin is an abandoned project

The LoMoCoin project is a completely inactive project. I suggest you stay away from it. I checked all the evidence about this group and all of them indicate that this project has been deactivated. The last message of the news section of the producer's website for 2018. roadmap is also for that year and no new features have been added since then. In Coinmarketcap and Coingecko this project is no longer untracked (coingecko screenshots about the inactivity of this project are under review) Of…

Pros
  • It had a relatively strong network and was a Coin, and its algorithm is Hybrid - PoS and PoW, which has a high transaction processing power (more than Bitcoin).
Cons
  • The project has been abandoned
  • Twitter page has been inactive for about 1 year
  • In coinmarketcap and coingecko this project is untracked
  • The news section of the website after 2018 no longer has a new post

Revainrating 3 out of 5

About LoMoCoin

LoMoCoin is a Chinese entertainment app built on blockchain that combines augmented reality and real maps to support trading. It is a mobile application that combines the demand of offline stores for human traffic with entertainment and incentives using blockchain and digital currency. LoMoCoin aims to bring traffic to online stores while offering a fun and rewarding experience to customers with exciting discounts and incentives in the form of LoMoCoin's currency LMC. LoMoCoin is the…

Pros
  • Investing in this cryptocurrency will help its development and therefore appreciation of its value. It is also inexpensive because the LMC token has a low enough cost and even buying a significant number will not hurt your pocket.
  • The service consists of a multi-tier architecture that includes the application, the service itself, an intermediate layer that connects other layers, and then a wallet layer that interacts with the core blockchain to provide services and transactions. It is at the application layer where user transactions are carried out and games and services are executed.
  • The application aims to increase the traffic of people to the offline store while providing a fun and rewarding experience to customers.
Cons
  • not listed in Any exchange

Revainrating 1 out of 5

Dead for years now

LoMocoin (LMC) is the native cryptocurrency of LoMostar app and it is the decentralized framework for the LoMoStar ecosystem. LoMoCoin has it's own blockchain and the consensus mechanism is Proof of Stake. LoMostar was built on LMC blockchain and was an interesting and innovative application back in the days that could be used for getting discounts from local shops and collecting cryptocurrencies on a map. Its own native currency, LMC and many other popular crypto like Ethereum and Bitcoin…

Pros
  • It had a great potential in the beginning with its innovative features and vast social ecosystem
Cons
  • The project has been dead for 3 years now
  • It is deemed inactive by coinmarketcap and coingecko
  • All social contacts of this platform is inactive for years

Revainrating 3 out of 5

LoMoCoin has its own blockchain and the agreement system is Proof of Stake.

LoMo is focused on the innovative work measure and the ceaseless improvement of blockchain innovation. We have as of now revamped 90% of the Proof of Stake PoS obstructing 1 pressing code, we have gotten keen agreement support for our 2 PoS system, we have become a pioneer on 3 sides of the innovation, 4 proposition are independent. It offers types of assistance that can be arranged and, alongside numerous other innovative progressions, compelling impeding and speed-revision administrations…

Pros
  • From the Lomokoin social scene to the crypto pledge drive, I would not hand it's anything but a monetary care group, there was a piece of the local area that was agreeable and alright with a calm gathering.
Cons
  • It is pointless and still as though nothing is noticeable right now.

Revainrating 3 out of 5

LoMoCoin has its own blockchain and the contract mechanism is Proof of Stake.

LoMo is committed to the research and development process and the continuous improvement of blockchain technology. We have already rewritten 90% of the Proof of Stake PoS blocking 1 packing code, we have secured smart contract support for our 2 PoS mechanism, we have become a leader on 3 sides of the technology, 4 proposals are self-contained. It provides services that can be configured and, along with many other technological advancements, effective blocking and speed-correction services…

Pros
  • From the Lomokoin social scene to the crypto fundraiser, I would not hand it over to a financial support group, there was a part of the community that was comfortable and comfortable with a low-key meeting.
  • LoMoCoin is a new mobile application developed using blockchain technology.
Cons
  • It is useless and motionless as if nothing is visible at the moment.

Revainrating 3 out of 5

It focused on mostly offline stores, far from the online world.

With their entry into the crypto world, they have benefited users and offline stores. Namely, users were rewarded with LMC for their statements and incentives about their offline stores. It has an app that is easy to use and offers really good rewards. At first, the number of users increased a lot, but there were few places to be encouraged. This means that sufficient financial support was not provided. For this reason, the project left the market months ago and now its website and social…

Pros
  • it was easy to use.
  • There was a reward system.
  • both entertainment, knowledge and reward.
  • It was common in social media
Cons
  • There are no links that can be reached.
  • could not get enough financial support.
  • not available on the stock exchange.

Revainrating 4 out of 5

LoMoCoin is a good future application to interact

LoMoCoin is a new mobile application available that has been developing using blockchain technology. It is one of the most fascinating projects. LMC is its token, a new digital currency that uses this platform. The application combines the qualities of a social network, a T2T currency exchange platform, a geolocation service, a games and rewards scheme, etc. Its objective is the construction of a new ecosystem around the location and information of people to integrate it into the…

Pros
  • Mobile app.
  • Social network.
  • Platform for currency exchange.
  • Geolocation service.
  • Interact with games and rewards.
Cons
  • Little courage and recognition.
  • Not very feasible for those who love privacy.

Revainrating 2 out of 5

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…

Pros
  • Successful in its start with good expectations
  • Something was developed for mobile
Cons
  • Project came to an end. Out of activity.

Revainrating 2 out of 5

Another dead project

LoMoCoin is a cryptocurrency native from LoMoStar project. It is a system based on LBS (Location Based Services) and mobile Internet. LoMoStar was a mobile app that intended to facilitate the relationships between businesses and consumers, a platform of entertaining games, and a Cryptocurrency LoMoCoin LoMoStar is yet another project that started off very strikingly, but ended up getting in the way. With no updates since 2018, the project is interrupted.

Pros
  • The project promised to be a great sucess. It was a good idea
  • LoMoStar developed an app, in which, Bitcoin, LMC, and other currencies could be traded. Through the app You could collet the token LoMoCoin(maybe something seemed like Pokemon game).
  • LoMoCoin (LMC) is a native cryptocurrency from LoMoStar. This token could be used for multiple fins
Cons
  • The roadmap project finished in 2018. After that, nothing more
  • LoMoStar has not had updates on their social contacts a long time ago
  • Lomocoin(LMC) is not being traded on nowhere exchange

Revainrating 3 out of 5

LoMoCoin; The new crypto kid on the block

LoMoCoin is a new digital currency available in a mobile app that has been developed using blockchain technology. 1 billion LMC is proposed to be distributed in the next 24 months according to company officials. The value of a cryptocurrency depends on the time consumed by a trader as well as his actual strength. It also depends on the cash remitted by shops that send Lomocoin to customers. Some other factors that can determine the value of LMC are as follows : 1. The perspective of…

Pros
  • User scale development is absolutely transparent
Cons
  • It is still new in the market and it’s not yet tested

Revainrating 4 out of 5

lomocoin review

I wouldn't recommend this project to investors seeking to invest their capital on crypto project starting with lomocoin social platform there have been lot of compliant and inactive audience with a less interactive forum. The project are not being straight forward with their mission on why the project is been setup. Lomocoin offers service on it platform like trading, smart contract Dapp development, channel for making transaction among business platforms, blockchain packaging codes and lot…

Pros
  • These crypto project would have made crypto community real interesting for investors it has a good roadmap to boost blockchain technology
Cons
  • Project have not been updated for months
  • All platform active including customer support are not active
  • No movement in project coin not sure if it is acceptable in any exchange platform